Summary of Key Information:
Target Company: Mahindra Lifespace Developers Limited
Stock Exchange Listings:
NSE Scrip Code: MAHLIFE
BSE Scrip Code: 532313
Nature of Transaction / Event: Approval for incorporation of two new wholly-owned subsidiaries
Date of Transaction: 25/06/2026 (Committee meeting date)
Mode of Transaction / Action: Committee approval for subsidiary formation and capital subscription
Other Noteworthy Information:
- The Committee for Investment/Land Appraisal approved the incorporation of two subsidiaries as public limited companies
- The Company (including through its nominees) shall subscribe to 100% of paid-up share capital in both subsidiaries
- The exact names of the subsidiaries will be determined upon application to the Registrar of Companies
- The meeting commenced at 12:45 p.m. and concluded at 1:25 p.m. (duration: 40 minutes)
- This disclosure is made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The company will furnish additional disclosures upon actual incorporation of the subsidiaries
- The intimation is available on the company's website at https://www.mahindralifespaces.com/investor-center/?category=material-disclosure-intimation
Digital Signature Timestamp: 2026.06.25 13:28:55 +05'30'