Mahindra Lifespace Developers Limited — Dividend/Bonus, 25-04-2025: Dividend

Mahindra Lifespace Developers Limited has announced a board meeting on April 25, 2025, where it approved a final dividend of ₹2.80 per share (28% on the face value of ₹10) for the financial year ending March 31, 2025. The record date for the dividend payment is set for July 18, 2025, with payments expected post the Annual General Meeting on July 25, 2025. The company reported a consolidated total income increase of 66% to ₹463.9 crore for the year, alongside significant growth in residential pre-sales, enhanced cash flows, and profitability. The board also appointed M/s. Martinho Ferrao & Associates as the Secretarial Auditor for five years, subject to shareholder approval.