Mahindra Lifespace Developers has received the National Company Law Tribunal’s (NCLT) approval for the Scheme of Amalgamation of Kismat Developers, Topical Builders, Associate companies of the Company and Raigad Industrial Business Park, a wholly owned subsidiary of the Company with Mahindra World City (Maharashtra), a wholly owned subsidiary of the Company. The Scheme of Amalgamation has become effective from December 28, 2017.
Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.
