Mahindra & Mahindra Ltd.

Mahindra & Mahindra has informed that the Company has received an intimation today at 8:18 am from Mahindra Lifespace Developers, a listed subsidiary of the Company (MLDL) that MLDL has, executed a Share Purchase Agreement (SPA) with Actis Mahi Holdings (Singapore) Private Limited (AMHSPL) and Mahindra Homes Private Limited (MHPL), and completed the acquisition of the entire stake held by AMHSPL in MHPL. Upon completion of this transaction by MLDL, MHPL would become a wholly owned subsidiary of MLDL and in turn a step-down subsidiary of the Company. The details as required under the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 (as amended), and as intimated by MLDL is attached as an Annexure - 1 to this letter. 

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