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Mahindra Lifespace Developers informs about press release

19 Jun 2025 Evaluate
Mahindra Lifespace Developers has informed that Rights Issue Committee, at their meeting held on June 18, 2025, had approved the allotment of 5,81,53,156 fully paid-up Equity Shares of Face Value of Rs. 10 each on Rights Basis to the eligible shareholders and/ or renouncee(s) in terms of the Letter of Offer at an Issue Price of Rs. 257 per Equity Share (including a premium of Rs. 247/- per Equity Share). With regard to above, it enclosed extracts of the newspaper publication of the advertisement which was published today, Thursday, June 19, 2025, in compliance with Regulation 92(1) of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Regulations) 2018 (amended), pertaining to the basis of allotment of the above shares as per details mentioned below: Financial Express (English) – National daily newspaper with wide circulation; Janasatta (Hindi) – National daily newspaper with wide circulation.

The above information is a part of company’s filings submitted to BSE.

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