On 18 June 2025, the Rights Issue Committee of Mahindra Lifespace Developers Limited approved the allotment of 5,81,53,156 fully paid-up Equity Shares.
The Rights Issue, which commenced on 2 June 2025 and concluded on 17 June 2025, was priced at ₹257 per Equity Share, comprising a face value of ₹10 and a premium of ₹247.
This allotment has resulted in a capital raise of approximately ₹1,495.34 crore.
An additional 67,745 Rights Equity Shares have been kept in abeyance pending necessary clearances.
Consequent to this allotment, the company's paid-up equity share capital has increased from 15,51,02,547 shares (₹1,55,10,25,470) pre-issue to 21,32,55,703 shares (₹2,13,25,57,030) post-issue.
The promoter, Mahindra & Mahindra Limited, has seen its shareholding increase from 51.14% to 52.43%.