Mahindra Lifespace Developers Secures Shareholder Approval for Strategic Stake Acquisition
Mahindra Lifespaces Developers has received shareholder approval for a material related party transaction to acquire stake in Mahindra Homes Private Limited from Actis Mahi Holdings. The resolution passed with 99.44% votes in favor through a postal ballot. The total votes polled represented 29.22% of the company's outstanding shares. The promoter and promoter group were noted as interested parties in this resolution.

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Mahindra Lifespaces Developers -RE , a prominent player in the real estate sector, has successfully obtained shareholder approval for a significant material related party transaction. The approval pertains to the acquisition of stake held by Actis Mahi Holdings (Singapore) Private Limited in Mahindra Homes Private Limited, a subsidiary of the company.
Voting Details
The resolution was passed through a postal ballot via remote e-voting, with the voting period concluding on November 5, 2025, at 5:00 p.m. IST. The results of the voting process are as follows:
| Category | Votes in Favor | Votes Against | Total Votes Polled |
|---|---|---|---|
| Public Institutions | 61,672,285 (99.44%) | 346,401 (0.56%) | 62,018,686 |
| Public Non-Institutions | 288,179 (98.64%) | 3,984 (1.36%) | 292,163 |
| Total | 61,960,464 (99.44%) | 350,385 (0.56%) | 62,310,849 |
Key Highlights
- Total Shareholders: As of the cut-off date (October 3, 2025), the company had 123,865 shareholders eligible for voting.
- Voter Turnout: The total votes polled represented 29.22% of the company's outstanding shares.
- Resolution Type: The approval was sought through an Ordinary Resolution.
- Interested Parties: The promoter and promoter group were noted as interested parties in this resolution.
Implications and Next Steps
The approval of this material related party transaction marks a significant step for Mahindra Lifespace Developers. The acquisition of stake in Mahindra Homes Private Limited from Actis Mahi Holdings (Singapore) Private Limited may lead to strategic changes in the company's operations and structure.
The company's Chief Financial Officer, Sriram Kumar, confirmed that the voting results and the Scrutinizer's report have been duly filed with the stock exchanges in compliance with SEBI regulations. The details of the transaction and its potential impact on the company's future operations will be closely watched by investors and industry analysts alike.
Mahindra Lifespace Developers continues to demonstrate its commitment to transparency and corporate governance by conducting this postal ballot and promptly disclosing the results to all stakeholders.
Historical Stock Returns for Mahindra Lifespaces Developers -RE
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.24% | -2.39% | +6.42% | +40.91% | -12.62% | +363.83% |















































