Mahindra Lifespace Developers Limited announced the outcome of its Board Meeting held on April 25, 2025.

Key decisions include:

• The Board recommended a final dividend of ₹2.80 per equity share (i.e., 28% on the face value of ₹10 per share) for the financial year ended March 31, 2025. The company issued a clarification regarding an inadvertent mention of '₹28 per share' in a previous subject line, confirming the correct amount is ₹2.80 per share.
• Approved the Standalone and Consolidated Financial Results for the 4th Quarter and the Annual Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2025.
• Approved the appointment of M/s. Martinho Ferrao & Associates as Secretarial Auditor for 5 years (FY26-FY30), subject to shareholder approval.
• The 26th Annual General Meeting (AGM) of the Company is scheduled to be held on Friday, July 25, 2025.
• The Record date for the purpose of payment of the recommended dividend, if declared at the AGM, is fixed as Friday, July 18, 2025.
• The dividend, if declared, will be paid/dispatched after July 25, 2025, within the prescribed timelines to eligible shareholders as per the record date.

The Board meeting commenced at 4:00 pm and concluded at 06:00 pm.