Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

21 August 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: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir / Madam, This is in furtherance to our letter dated 27 November 2025 (letter enclosed), intimating details of pending litigation/ dispute. In accordance with Regulation 30 of the SEBI Listing Regulations, an update of a litigation reported between M/s. Parekh & Brothers and the Company is hereby intimated in Annexure A. This intimation is also being uploaded on the Company’s website at https://www.mahindralifespaces.com/. Kindly take the above on record. Thanking you, Yours faithfully, For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer Encl: As above ANNEXURE A Pendency of any litigation(s) or dispute(s) or outcome thereof which may have an impact on the listed entity: At the time of becoming party: Sr. Details of Events that need to be Information of such events(s) No. provided 1. Brief details of litigation viz. a. Name(s) of the opposing party Parekh & Brothers b. Court/ tribunal/agency where Sole Arbitrator litigation is filed c. Brief details of dispute/litigation Parekh & Brothers, as part of the Arbitration process, have filed its Statement of Claim, dated 24 November, 2025 claiming an amount of Rs.32.96 Crores. 2. Expected financial implications, if The quantum of claim is Rs.32.96 Crores. any, due to compensation, penalty The Company has ensured necessary etc compliances and does not expect any material impact as per internal assessment. Regularly till the litigation is concluded or dispute is resolved: Sr. Details of Events that need to be Information of such events(s) No. provided 1. The details of any change in the The Company has amicably resolved the status and/or any development in matter and the Final Award was passed on relation to such proceedings 27 July, 2026. The certified copy of the order (including details of receipt and delay, was received by the Company on if any) 27 July 2026 at 16.01 pm. However, since the obligations as mutually agreed between the parties are required to be completed by end of September 2026, the Company is making this disclosure immediately. 2. In case of litigation against key management personnel or its promoter or ultimate person in Not Applicable control, regularly provide details of any change in the status and/or any development in relation to such proceedings; 3. In the event of settlement of the The Company has amicably resolved the proceedings, details of such matter where the parties shall comply with settlement including – terms of their obligations. settlement, compensation/penalty paid (if any) and impact of such The settlement has no material impact on settlement on the financial position of the financial position of the Company except the listed entity. to the extent of mutually agreed conditions between the parties as agreed amicably. 27th November 2025 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 Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that the Company has, on 26th November 2025, received a Statement of Claim dated 24th November, 2025 as part of an arbitration process. The Company shall undertake requisite steps including, but not limited to, contesting the Statement of Claim in arbitration and filling appropriate Counter Claim(s). The Company does not reasonably expect the said litigation(s) to have any material financial impact on the operations of the Company and that the Company is taking requisite steps to safeguard its interest. The details as required under Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024 is enclosed as Annexure A. This intimation is also being uploaded on the Company’s website at https://www.mahindralifespaces.com/. Kindly take the above on record. For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer Enclosure: Annexure A ANNEXURE A Pendency of any litigation(s) or dispute(s) or outcome thereof which may have an impact on the listed entity: At the time of becoming party: Sr. Details of Events that need to be Information of such events(s) No. provided 1. Brief details of litigation viz. a. Name(s) of the opposing party Parekh & Brothers b. Court/ tribunal/agency where Sole Arbitrator litigation is filed c. Brief details of dispute/litigation Parekh & Brothers, as part of the Arbitration process, have filed its Statement of Claim, dated 24th November, 2025 claiming an amount of Rs.32.96 Crores. The claim amongst other items includes an amount of Rs 22.22 crores of delay compensation for the sold and unsold flats on behalf of the claimant. The Company received the said Statement of Claim on 26th November 2025 at 5:39 pm 2. Expected financial implications, if The Company is confident of achieving the any, due to compensation, penalty project timelines and is taking requisite etc. steps to safeguard its interest, by contesting the said Statement of Claim and by filing appropriate counter claim for amounts outstanding from Parekh & Brothers to the Company, as part of the arbitration process. The Company does not reasonably expect the said litigation(s) to have any material financial impact since it has a strong case on merit 3. Quantum of claims, if any The amount claimed in the Statement of Claim is Rs.32.96 Crores