Key Transaction Details

The Committee for Investment/Land Appraisal of Mahindra Lifespace Developers Limited has approved the sale of the company's entire stake (equity and/or compulsory convertible debentures) in four associate companies:

  • Ample Parks and Logistics Private Limited (APLPL)
  • Ample Parks Project 1 Private Limited (AP1)
  • Ample Parks Project 2 Private Limited (AP2)
  • Ample Parks MMR Private Limited (APMPL)

The stake will be sold to Omega Warehouse Holdings 2 Limited. Upon completion, these companies will cease to be associates of Mahindra Lifespace.

Financial Impact and Consideration

The total consideration for the stake sale is not exceeding ₹80 crore.

Net Worth Contributions (as of 31st March 2026)

  • APLPL: MLDL's proportionate share in the associate's net worth is negative
  • AP1: MLDL's proportionate share in the associate's net worth, including Compulsory Convertible Debentures (CCDs), is ₹4,739.70 Lakhs
  • AP2: MLDL's proportionate share in the associate's net worth, including Compulsory Convertible Debentures (CCDs), is ₹433 Lakhs
  • APMPL: MLDL's proportionate share in the associate's net worth is ₹1.29 Lakhs

Timeline

  • Committee Approval: Received on 27th August 2026 at 4:00 pm
  • Agreement Execution: Share Purchase Agreement and/or other definitive agreement(s) is proposed to be executed by 31st December 2026 or any other mutually agreed date
  • Expected Completion: The sale is expected to be completed by 31st December 2026 or any other mutually agreed date between the Company and the Buyer

Counterparty Details

The buyer, Omega Warehouse Holdings 2 Limited, currently holds the balance stake in the associate companies. The buyer is not related to the Promoter/Promoter Group/Group companies of Mahindra Lifespace.

Additional Information

The intimation is being uploaded on the company's website at https://www.mahindralifespaces.com/investor-center/shareholder-and-services/material-disclosure-intimation/

The disclosure is made pursuant to Regulation 30 read with Para A of Part A of Schedule III and other applicable provisions of the Listing Regulations, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026.