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Mahindra Lifespace Developers Limited ( (IN:MAHLIFE) ) has issued an announcement.
Mahindra Lifespace Developers Limited has executed a Share Purchase Agreement to acquire the entire stake held by Actis Mahi Holdings in Mahindra Homes Private Limited, making it a wholly owned subsidiary. This acquisition is a related party transaction and is expected to strengthen Mahindra Lifespace’s position in the real estate sector by consolidating its holdings in residential project development.
More about Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited operates in the real estate industry, focusing on the development of residential projects. The company is a part of the Mahindra Group, which is a prominent player in various sectors, including automotive, agribusiness, and information technology.
Average Trading Volume: 17,393
Technical Sentiment Signal: Buy
Current Market Cap: 86.47B INR
Learn more about MAHLIFE stock on TipRanks’ Stock Analysis page.