Mahindra & Mahindra Limited — JV/Acquisition, 18-06-2025: Acquisition

Mahindra & Mahindra has increased its stake in Mahindra Lifespace Developers Limited (MLDL) to 52.43% by subscribing to 3.25 Cr shares in MLDL’s Rights Issue at Rs. 257/share, investing about Rs. 834 Cr. MLDL operates in real estate with a portfolio spanning 39.44 million sq. ft across seven cities, focusing on premium residences, affordable homes, and integrated industrial clusters. This move strengthens M&M’s hold on its real estate arm, supporting growth in residential and industrial township projects, with no immediate material financial impact disclosed.