FilingReader Intelligence
Mahindra Lifespaces subsidiary returns INR 185 crore to shareholders
July 14, 2025 at 03:59 PM UTC•By FilingReader AI
Mahindra Homes Private Limited shareholders approved reducing share capital from INR 8.45 crore to INR 8.24 crore, triggering INR 184.82 crore payout to both shareholders in equal proportion.
This will increase Mahindra Lifespace Developers' stake from 74.35% to 74.97%. The transaction awaits National Company Law Tribunal approval.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:MAHLIFE•Bombay Stock Exchange
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