Mahindra Lifespace Developers Limited has officially announced the opening of a special window period for re-lodgement of transfer of physical shares through newspaper publications on March 19, 2026. The company informed both BSE Limited and National Stock Exchange of India Limited about these advertisements published in Business Standard (English) and Sakal (Marathi) newspapers, Mumbai editions.

Regulatory Communication Details

The formal communication was addressed to both major stock exchanges where the company's equity shares are listed:

SEBI Guidelines Implementation

The special window initiative follows SEBI's circular guidelines that allow shareholders to re-submit physical share transfer documents that were originally filed before March 31, 2023, but were subsequently rejected, returned, or remained pending due to procedural deficiencies or other reasons.

Eligibility Criteria

The special window operates under specific eligibility requirements:

Process Requirements and Exclusions

All shares re-submitted during this special window period will undergo both transfer and dematerialization processes. The transferred shares will be delivered only in dematerialized (demat) form, and the dematerialization process must be completed within one year of execution.

The following cases are excluded from this special window:

• Transfer matters with pending disputes
• Securities already transferred to Investor Education and Protection Fund (IEPF)

Contact Information for Shareholders

Shareholders requiring additional information or clarification can contact the company or its Registrar and Transfer Agent:

The communication was signed by Bijal Parmar, Company Secretary & Compliance Officer, and the information has also been uploaded on the company's official website at www.mahindralifespaces.com for shareholder reference.

Mahindra Lifespace Developers has officially launched its premium mixed-use development project 'Mahindra Rainforest' through its wholly owned subsidiary Anthurium Developers Limited. The project represents one of the largest developments in Mumbai's central suburbs with significant scale and investment potential.

Project Launch Details

The residential phases 1 and 2 of Mahindra Rainforest were officially launched with an estimated Gross Development Value (GDV) of approximately ₹3,000 crore. Located strategically on LBS Marg, Kanjur, Mumbai, the development spans approximately 25.47 acres and is designed as an integrated lifestyle destination.

Development Features and Amenities

The project is designed to redefine urban living by seamlessly integrating residential, commercial, and retail components within a single development. The residential township emphasizes green spaces, community living, and sustainable design, reflecting Mahindra Lifespaces' philosophy of building Homes of Positive Energy with climate-responsive planning.

The development offers over 3.50 lakh sq. ft. of open amenities and clubhouse spaces, making it among the largest in Mumbai. Key amenities include an expansive clubhouse, fitness zones, jogging tracks, yoga and meditation areas, a library, children's play zones, and thoughtfully designed community spaces. The project features over 7 acres of open dense green spaces.

Strategic Location and Connectivity

Situated on LBS Marg, Kanjur, the project offers strong connectivity to the Eastern Express Highway and the Jogeshwari–Vikhroli Link Road (JVLR). Future infrastructure developments include the upcoming Goregaon–Mulund Link Road (GMLR) and an east–west connecting flyover in Bhandup.

Management Commentary

Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., commented on the launch: "Mumbai continues to be a strategic focus market for Mahindra Lifespaces, and the central suburbs are an important residential corridor driven by strong connectivity and established social infrastructure. With Mahindra Rainforest, we are bringing our philosophy of 'Homes of Positive Energy' to life through a landmark mixed-use development."

Regulatory Compliance and Corporate Structure

The project has received all necessary regulatory approvals from the Maharashtra Real Estate Regulatory Authority (RERA). The current phases have been registered under RERA registration numbers PM1181012502957 and PR1181012502956. The project is being developed by Anthurium Developers Limited, which operates as a wholly owned subsidiary of Mahindra Lifespace Developers Limited, allowing focused project management through specialized subsidiaries.