Acquisitions2 Dec 2025, 06:41 pm
Mahindra Lifespace Developers Acquires Actis' Stake in Mahindra Homes for Rs. 86.40 Crore
AI Summary
Mahindra Lifespace Developers Ltd. has announced the acquisition of the entire stake held by Actis Mahi Holdings Singapore Private Limited in Mahindra Homes Private Limited. The acquisition, which is a related party transaction, is expected to be completed within three months from the date of execution of the Share Purchase Agreement. The consideration for the acquisition is Rs. 86.40 crore in cash. Post-acquisition, Mahindra Homes will become a Wholly Owned Subsidiary of Mahindra Lifespace Developers.
Key Highlights
- Mahindra Lifespace Developers to acquire Actis' stake in Mahindra Homes for Rs. 86.40 crore.
- The acquisition is a related party transaction.
- Mahindra Homes will become a Wholly Owned Subsidiary of Mahindra Lifespace Developers post-acquisition.
- The acquisition is expected to be completed within three months from the date of execution of the Share Purchase Agreement.
- The consideration for the acquisition is Rs. 86.40 crore in cash.