Mahindra arm forms JV with Actis; to invest Rs 2,200 cr in industrial units

Realty firm Mahindra Lifespace Developers Ltd on Thursday announced a joint venture with Actis to develop industrial and logistics facilities with an initial investment of Rs 2,200 crore. Actis is a global investment firm. In a regulatory filing, Mahindra Lifespace informed that the company has executed definitive documents to establish joint ventures with Actis for developing industrial and logistics real estate facilities across India. Mahindra Lifespace or its affiliates and Actis or its affiliates will jointly invest in asset owning SPVs (special purpose vehicles) and in an entity that will provide business services to the asset owning SPVs. The company may own stakes in the range of 26 per cent to 40 per cent in these entities, and the balance will be owned by Actis or its affiliates. Both partners have earmarked up to 100 acres of land across Mahindra World Cities as seed assets to be acquired by the asset owning SPVs during the course of arrangement. In addition, the two J
07-10-2022
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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Joint Venture

This is further to the intimation filed today on 6th October, 2022 informing execution of definitive documents, on late evening of 5th October, 2022, between the Company and Actis to establish Joint Ventures for developing industrial and logistics real estate facilities across India.
06-10-2022

Buy Mahindra Lifespace Developers; target of Rs 550: Motilal Oswal

Motilal Oswal is bullish on Mahindra Lifespace Developers recommended buy rating on the stock with a target price of Rs 550 in its research report dated October 10, 2022.
03-10-2022
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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Closure of Trading Window

Meeting of the Board of Directors is scheduled to be held on Thursday, 3rd November, 2022 to consider, inter-alia, the standalone and consolidated Unaudited Financial Results of the Company for the 2nd quarter and half year ending on 30th September, 2022. In view of the same and pursuant to the Company's 'Code for Prohibition of Insider Trading, the Trading Window for trading in the Securities of the Company shall remain closed for the period from 1st October, 2022 to 5th November, 2022 (both days inclusive)
29-09-2022
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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Board Meeting Intimation for To Consider, Inter-Alia, The Standalone And Consolidated Unaudited Financial Results Of The Company For The 2Nd Quarter And Half Year Ending On 30Th September, 2022.

MAHINDRA LIFESPACE DEVELOPERS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2022 ,inter alia, to consider and approve the standalone and consolidated Unaudited Financial Results of the Company for the 2nd quarter and half year ending on 30th September, 2022.
29-09-2022
Bigul

MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Intimation under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR') - Newspaper publication - Notice of Postal Ballot and Remote E-voting.
22-09-2022
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