| Purpose | Announcement Date | Right Issue Date | Record Date | Rights Ratio | Premium | Remark |
|---|---|---|---|---|---|---|
| Rights | 19 May 2025 | 23 May 2025 | 23 May 2025 | 3:8 | 247 | 3:8 Rights Issue of Equity Shares |
| 3:8 Rights Issue of Equity Shares Trading Members of the Exchange are hereby informed that MAHINDRA LIFESPACE DEVELOPERS LTD has fixed Record Date for the purpose of Rights Issue of Equity Shares of the Company. The transactions in the Equity Shares of the Company should be done on Ex-Rights Basis with effect from the under mentioned date:- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE Mahindra Lifespace Developers Ltd. (532313) RECORD DATE 23.05.2025 PURPOSE Issue of 03 (Three) Equity Shares of Rs 10/- each for cash at a Premium of Rs.247/- per share on Rights Basis for every 08 (Eight) Equity Shares held.* Ex-Right basis from Date & Sett. No. 23/05/2025 DR-636/2025-2026 *Note: As per Terms of Payment, the entire Issue Price of Rs.257/- per share will be payable at the time of making the Application in the Issue Trading Members of the Exchange are requested to take note of it. (As Per BSE Notice Dated on 20.05.2025) | ||||||
It lies just under a kilometre from the Goregaon-Mulund Link Road and 1.4 km from the under-construction Metro Line 5.
The initiative is part of Mahindra Lifespace’s strategic expansion in Mumbai's prime residential markets.
The company has recently acquired 8.2 acres of land in North Bengaluru via its subsidiary Anthurium Developers Limited
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Despite a decline in profit for the quarter, the real estate business logged a growth of 103.65% y-o-y to ₹167 Crore in Q3FY25.
Here are some of the stocks that may see significant price movement today: Tata Chemicals, Power Grid, Welspun Enterprises, etc.
The expansion is being carried out by the group's subsidiary, Mahindra World City Developers Ltd, in collaboration with Japan's Sumitomo Corporation.
Revenue from operations dropped significantly by 57.3%, amounting to ₹7.6 Crore in Q2 FY25 compared to ₹17.8 Crore in the same quarter last fiscal.
The acquisition is part of Mahindra Lifespaces' collaboration with Actis, a global investor in sustainable infrastructure, expanding its industrial real estate portfolio.
In addition to its success in Mumbai, Mahindra Lifespaces has purchased a premium 2.37-acre land piece in Singasandra, South Bengaluru.
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