Disclosure of material issue

23 July 2026 BSE Limited National Stock Exchange of India Limited Corporate Services, Exchange Plaza, Piroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai 400051 Security BSE NSE ISIN Equity Shares 532313 MAHLIFE INE813A01018 Sub: Outcome of the Board Meeting held on 23 July 2026 – Unaudited Standalone and Consolidated Financial Results of the Company for the first quarter ended 30 June 2026 – Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Ref: Intimation of Board Meeting vide letter dated 26 June 2026 Dear Sir / Madam, Pursuant to the applicable provisions of the Listing Regulations, the Board of Directors of Mahindra Lifespace Developers Limited (“the Company”), at its meeting held today viz. Thursday, 23 July 2026, commenced at 11.30 a.m. and concluded at 2:20 pm, inter alia, considered and approved Unaudited Standalone and Consolidated Financial Results for the first quarter ended on 30 June 2026, subjected to Limited Review of the Statutory Auditors of the Company. Accordingly, we are enclosing the following: a) A copy of Unaudited Standalone and Consolidated Financial Results for the first quarter ended on 30 June 2026; b) Unmodified Limited Review Report on the Unaudited Standalone and Consolidated Financial Results of the Company for the first quarter ended on 30 June 2026, issued by the Company’s Statutory Auditors, M/s. Deloitte Haskins & Sells LLP; c) Extract of the newspaper publication of the Unaudited Consolidated Financial Results for the first quarter ended 30 June 2026 in prescribed format to be published in print and electronic versions of the newspapers. The results will be available on the website of Stock Exchange on the link www.nseindia.com and www.bseindia.com and on the website of the Company https://www.mahindralifespaces.com/investor-center/financial-reporting/quarterly-results/ You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer Encl: As above Deloitte CharteredAccountants Cs’”,z[L 3Ctt:2’ 3srfarrs Haskins & Sells LLP uff ,aesternExpress i:gbWay Gcrpgaon East) u-i1’.4o0053 ‘I& a’asbtra, rda INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF MAHINDRA LIFESPACE DEVELOPERS LIMITED 1. We have reviewed the accompanying Statement of Consoidated Unaudited Financial Results of MAHINDRA LIFESPACE DEVELOPERS LIMITED (“the Parent”) and its subsidiares (toe Parent and ts subsidiares together referred to as “the Group”), and its share of the net profit after tax and total comprehensive ocome of its associates and jo nt ventu-es for the quarter ended June 30, 2026 (“the Statement”) being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obl:gations and Disclosure Requirements) Regulations, 2015, as amended (“the ListLng Regulations”). 2. This Statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board of Directors, has been prepared n accordance with the recogniton and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“md AS 34”), prescribed under Section 133 of the Companies Act, 2013 read w!th relevant rules issued thereunder and other accounting princples generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a condusion on the Statement based on our review. 3. We corcucted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Informaton Performed by the Independent Auditor of the Enticy”, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim fnandal inforrnat:on conssts of making inquiries, primarily of Parent’s personnel responsible for financiai and accuonting matters, and apply:nq analytical and other rev:e-as procedures. A review is substantially less in scope than an audit conducted :n accordance with Standards on Auditing specified under Secticn 143(10) of the Comoanies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of al s!gn-fcant matters that might be identified ‘i a-’ auth. Accorcingly, we do ‘-ot express ar audt opno-’ We aso performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligatons and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable, 4. The Statement includes the results of the foliowng entities: Sr. No. Name of the Entity Relationship 1) M}ELespace_Devepers Lmited Parent Company 2 Mahindra Infrastructure Deveopers Limted Subsidiary Company 3 Moonshine Construction Private L:mited Subsidiary--- C-- ompany 4 Mahindra Bloomdale_Developers Ltd Subsidrary Company i 5 Mahindra Homes Private Limited Subsidiary Company 6 Shreyas Stones Private Limited Subsidiary Company i Ear EL-Lt’,’;’ V ‘‘,,‘ e’flai ,‘:.‘-r..Mr’rj-J2’ ‘‘a-aa”r’, —an Subsidiary Company 7 Mahndra Kandivali Developers Limited (incorporated on S Knowledge Township Limited Subsidiary Company • 9 lndustnal Township (Manarashtra) Limited Subsidiary Company 10 Anthurium Developers Limited Subsidiary Company City • 11 Mahindra World (Maharashtra) Limited Subsidiary Company 12 Mahindra Water Utilities Limited Subsidiary Company 13 Ratna Rhoomi Enterprises Private Limited Subsidiary Company 14 Deepmangal Developers Private Limited Subsidiary Company 15 Mahind-a World City Developers Ltd Joint Venture 16 Mahinda Industrial Park Chennai Limited Joint Venture 17 Mahindra World City (Jaipur) Ltd Joint Venture 18 Mahindra Inframan Water Utilities Private Limited Joint Venture 19 Mahndra Industria Park Private Limited Joint Venture 20 Mahindra 1-lappinest Developers Ltd Joint Venture 21 Mahindra Blossom Developers Limited Joint Venture 22 Mahindra Knowledge Park (Mohali) Limited Assocate 23 Mahindra Constructon Company Lmited Associate 24 Ample Parks & Logistics Private Limited Associate 25 Ample Parks Project 1 Private_Limited Associate 26 Ample Parks Project ? Private Lirned Associate 27 Ample Parks MMR Private Limited Associate 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting pnnciples generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We did not review trie financial results of three subsidiaries included in the consolidated unaudited financial results, whose francial result reflect total revenue of Rs. 1,722.10 Lakhs for the Quarter ended June 30, 2026, total net loss after tax of Rs. 494.01 Lakhs for the quarter ended June 30, 2026 and total comprehensive loss of Rs 494.01 Laks for the quarte- ended June 30, 2026, as considered in the Statement. The consolidated unaudited financial results also inciudes the Group’s share of profit after tax of Rs. 4,320.85 Lakhs for the quarter ended June 30, 2026 and total comprehensive income of Rs. 4,320.85 Lakhs for the quarter ended June 30, 2026, as considered in the Statement, in respect of four joint ventures whose financal results have not been reviewed by us. These financial results hav [Showing first 8,000 characters — download PDF for full document]