M&M Boosts Stake in Mahindra Lifespaces

has increased its stake in Mahindra Lifespaces Developers Ltd (MLDL) to 52.43%. This was done through participation in MLDL’s recently concluded rights issue, where fully paid-up equity shares were offered at ₹257 per share, including a ₹247 premium over the face value of ₹10. A total of 5,81,53,156 shares were allotted by MLDL on June 18, 2025, as approved by its Rights Issue Committee. Out of this, M&M received 3,24,86,158 shares, which will be credited to its DEMAT account in line with SEBI guidelines. M&M’s total shareholding in MLDL has increased from 7.93 crore to 11.18 crore shares, raising its ownership from 51.14% to 52.43%. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations