Mahindra Lifespace Developers Ltd. — Capital/Financing Update 2022

Mar 30, 2022

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30[th] March, 2022

	BSE LimitedCorporate Services,Piroze Jeejeebhoy Towers,Dalal Street,Mumbai – 400 001Listing: http://listing.bseindia.com	National Stock Exchange of India LimitedExchange Plaza,Bandra Kurla Complex,Bandra (East),Mumbai 400051Listing:https://www.connect2nse.com/LISTING/

Re:

Re:
Security	BSE	NSE	ISIN
Equity Shares	532313	MAHLIFE	INE813A01018

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR)

Dear Sir / Madam,

This is further to our press release dated 21[st] April, 2021, wherein, it was informed that the Company has finalized the terms to purchase approximately 3.2 acres of land in Pimpri, Pune (“Property”), from the Holding Company, Mahindra & Mahindra Ltd ("M&M") and subsequent announcement dated 24[th] March, 2022, informing that, instead of the Company, Mahindra Bloomdale Developers Ltd (MBDL), a wholly owned subsidiary of the Company, will be acquiring the said Property from M&M.

In this regard, we would like to inform that, today, both the parties MBDL and M&M executed a deed of conveyance for the said Property. The terms of the acquisition are on arm’s length basis and after seeking requisite approvals.

Kindly take the above on record.

For Mahindra Lifespace Developers Limited

Ankit Shah Assistant Company Secretary & Compliance Officer ACS - 26552

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