NSEDisclosure of material issueM&A25 Jun 2026
Mahindra Lifespace Developers Limited
Disclosure of material issue
Mahindra Lifespace Developers has informed about the outcome of a meeting where a committee approved the incorporation of two subsidiaries as public limited companies, with the company subscribing to 100% of their paid-up share capital.
NSEUpdates▲ PositiveDividend22 Jun 2026
Mahindra Lifespace Developers Limited
Updates
Mahindra Lifespace Developers Limited has informed shareholders about the Tax Deduction at Source (TDS) / withholding tax provisions for the recommended dividend of Rs. 3.50 per equity share for the Financial Year ended March 31, 2026. This dividend is subject to approval at the 27th Annual General Meeting on July 23, 2026, with payment expected after this date. The company's communication details the applicable TDS rates and required documentation for both resident and non-resident shareholders to ensure proper tax compliance.
NSEPress Release19 Jun 2026
Mahindra Lifespace Developers Limited
Press Release
Mahindra Lifespace Developers Limited has announced the acquisition of a 15-acre land parcel in Kandivali East, Mumbai. This strategic purchase is projected to have a Gross Development Value (GDV) of approximately ₹5,600 crore. The land offers a significant development potential of around 1.8 million square feet. For investors, this acquisition signifies the company's expansion into a prime Mumbai location and indicates substantial future revenue opportunities, strengthening its residential portfolio.
NSEPress Release▲ PositiveExpansion18 Jun 2026
Mahindra Lifespace Developers Limited
Press Release
Mahindra Lifespace Developers Limited's joint venture, Origins by Mahindra, Chennai, has signed YKK India as the latest addition to its growing ecosystem of global manufacturers. YKK India will establish a new manufacturing facility at Origins by Mahindra, Chennai, with an investment of USD 150 million. The facility is expected to be completed by February 2028.
NSEDisclosure under SEBI Takeover RegulationsRegulatory18 Jun 2026
Mahindra Lifespace Developers Limited
Disclosure under SEBI Takeover Regulations
Mahindra and Mahindra Limited has submitted a disclosure under SEBI Takeover Regulations to the NSE, indicating a potential substantial acquisition of shares in Mahindra Lifespace Developers Limited.