Diversification/Disinvestment

27th August 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 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Stake Sale Dear Sir / Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III and other applicable provisions of the Listing Regulations, we wish to inform you that the Committee for Investment/Land Appraisal (Committee) of Mahindra Lifespace Developers Limited (“the Company/MLDL”), has considered and approved sale of entire stake [equity and/or compulsory convertible debentures] held by MLDL in its respective Associate Companies, namely Ample Parks and Logistics Private Limited (APLPL), Ample Parks Project 1 Private Limited (AP1), Ample Parks Project 2 Private Limited (AP2) and Ample Parks MMR Private Limited (APMPL) to Omega Warehouse Holdings 2 Limited and matters incidental thereto. Upon completion of the above, APLPL, AP1, AP2 and APMPL will cease to be associates of the Company. The details as required under Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026 are given in Annexure A. The approval of the Committee was received on 27th August 2026 at 4:00 pm. This intimation is also being uploaded on the website of the Company at https://www.mahindralifespaces.com/investor-center/shareholder-and-services/material- disclosure-intimation/ Thank You, For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer Encl.: Annexure A Annexure A Sale of stake in the associate companies Sr. Details of Events that need Ample Parks and Ample Parks Ample Parks Ample Parks MMR No to be provided Logistics Private Project 1 Private Project 2 Private Private Limited Limited (APLPL) Limited (AP1) Limited (AP2) (APMPL) 1. The amount and percentage of Since APLPL is an Since AP1 is an Since AP2 is an Since APMPL is an the turnover or revenue or associate of MLDL, only associate of MLDL, associate of MLDL, associate of MLDL, only income and net worth its share of profit/loss is only its share of only its share of its share of profit/loss is contributed by such unit or accounted for in MLDL's profit/loss is profit/loss is accounted for in MLDL's division or undertaking or financial statements. accounted for in accounted for in financial statements. subsidiary or associate MLDL's financial MLDL's financial MLDL's proportionate company of the listed entity It is not contributing in statements. MLDL's statements. MLDL's share in the associate's during the last financial year; the turnover or revenue proportionate share proportionate share net worth at 31st March or income of MLDL. in the associate's in the associate's 2026 is Rs. 1.29 Lakhs. net worth, including net worth, including MLDL's proportionate Compulsory Compulsory share in the associate's Convertible Convertible net worth at 31st March Debentures (CCDs), Debentures (CCDs), 2026 is negative. at 31st March 2026 is at 31st March 2026 is Rs. 4,739.70 Lakhs Rs. 433 Lakhs 2. Date on which the agreement The Share Purchase Agreement and/or other definitive agreement(s) is proposed to be executed for sale has been entered into; by 31st December 2026 or any other date as may be mutually agreed between the Company and the Buyer. 3. The expected date of The sale of stake is expected to be completed by 31st December 2026 or any other date as may completion of sale/disposal; be mutually agreed between the Company and the Buyer. 4. Consideration received from The total consideration not exceeding Rs. 80 crore. such sale/disposal; 5. Brief details of buyers and The Buyer comprises Omega Warehouse Holdings 2 Limited who are currently holding the balance whether any of the buyers stake in the associate company(ies). belong to the promoter/ promoter group/group The Buyer are not related to the Promoter/Promoter Group/Group companies of the Company. companies. If yes, details thereof; 6. Whether the transaction would No fall within related party transactions? If yes, whether the same is done at “arm’s length”; 7. Whether the sale, lease or Not Applicable disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. 8. Additionally, in case of a slump Not Applicable sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.