Mahindra & Mahindra Limited — JV/Acquisition, 29-11-2025: Acquisition

Mahindra Lifespace Developers (MLDL), a Mahindra & Mahindra subsidiary, has fully acquired Mahindra Homes Private Limited (MHPL) for Rs 86.40 Cr. MLDL previously held 74.35% in MHPL and now owns 100%, making it a wholly-owned subsidiary. This move consolidates MLDL's real estate portfolio, gaining full control over residential projects like 'Windchimes' and the ongoing 'Luminare – Phase 3' in Gurgaon. The acquisition streamlines operations and enhances MLDL's presence in key residential markets.