Mahindra Lifespace Developers Ltd is launching a Rights Issue worth Rs 1496.28 crore, available for subscription from 2 June 2025 to 17 June 2025. Shareholders will be entitled to 3 Rights equity shares for every 8 fully paid-up equity shares they own as of the record date, 23 May 2025. Each share has a face value of Rs. 10, and the issue price is set at Rs. 257 per share.
Stay tuned with us for comprehensive details on the Mahindra Lifespace Developers Ltd 2025 Rights Issue, including the issue size, entitlement, payment terms, and more.
Security Name | Mahindra Lifespace Developers Ltd |
Issue Open / Close | June 2, 2025 - June 17, 2025 |
Record Date | May 23, 2025 |
Issue Size (Amount) | ₹1,496.28 Crores |
Issue Size (Shares) | 5,82,20,901 |
Right Issue Price | ₹257 per share |
Face Value | ₹10 per share |
CMP | ₹347 |
Renunciation of Rights Entitlements | June 12, 2025 |
Terms of Payment | The full amount will be payable at the time of application. |
Entitlement | 3 Rights Equity Shares for every 8 fully paid-up Equity Shares held on Record Date |
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