27-Aug-2026 16:22:32

MAHLIFEAcquisition and merger

MAHINDRA LIFESPACES: SELLS ENTIRE STAKE IN ASSOCIATE COMPANIES FOR UP TO RS 80 CRORE

• Committee for Investment/Land Appraisal approved sale of entire stake in Ample Parks and Logistics Private Limited, Ample Parks Project 1 Private Limited, Ample Parks Project 2 Private Limited, and Ample Parks MMR Private Limited to Omega Warehouse Holdings 2 Limited. • Upon completion, these entities will cease to be associates of MLDL. • The Buyer is Omega Warehouse Holdings 2 Limited, currently holding the balance stake in the associate companies. • The transaction is not a related party transaction and is done at arm's length. • The sale of stake is expected to be completed by 31st December 2026 or any other date as may be mutually agreed between the Company and the Buyer.

Mahindra Lifespace Developers Limited

Open attachment

← Back to feed