Disclosure of material issue

25 June 2026 BSE Limited National Stock Exchange of India Limited Corporate Services, Exchange Plaza, Piroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai 400051 Security BSE NSE ISIN Equity Shares 532313 MAHLIFE INE813A01018 Sub: Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sirs/Madam, We wish to inform you that the Committee for Investment/Land Appraisal, at its meeting held today (“Meeting”), has approved incorporation of the two subsidiaries of the Company, as public limited company under such name(s) as may be applied by the Company and made available by the Registrar of Companies for the respective company(ies) proposed to be incorporated. The Company (including through its nominees) shall subscribe to 100% of paid-up share capital in the respective subsidiaries proposed to be incorporated. The Company will furnish the requisite disclosures to the exchanges upon the incorporation of the respective proposed subsidiaries to be incorporated as required under the applicable provisions of the SEBI Listing Regulations. The Meeting commenced at 12:45 p.m. and concluded at 1:25 p.m. This intimation is also available on the website of the Company at https://www.mahindralifespaces.com/investor-center/?category=material-disclosure-intimation For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer