Mahindra Lifespace Developers logo

Mahindra Lifespace Developers CEO, MD, chairman, board of directors and AGM

NSE: MAHLIFEBSE: 532313RealtySmall Cap

Formerly Mahindra Gesco Developers
Last close ₹335.20down ₹16.10 (4.58%)BSE ₹334.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹351.30.

52-week range of traded prices to 23 Oct 2026
₹286.80Low, 30 Mar 2026₹427.05High, 1 Dec 2025
Market cap
₹7,152 Cr652nd largest listed
P/E
23.8
P/B
2.0
Dividend yield
1.04%
ROE
8.5%
ROCE
0.1%
Debt to equity
0.17
Volume, NSE
2,43,89039.2% delivered

Mahindra Lifespace Developers board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonAmeet Hariani
  • Managing director and CEOAmit Kumar Sinha
  • Company Secretary and Compliance OfficerBijal Parmar

7 directors3 independent1 executive3 non-executive

  • Ameet Hariani · ChairpersonIndependent · joined Sep 2017 · reappointed Sep 2022 · 106 months as independent · 5 listed boards · 5 as independent · 8 committee seats, 2 as chair
  • Amrita Verma ChowdhuryIndependent · joined Aug 2019 · reappointed Aug 2024 · 83 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 1 as chair
  • Anuj PuriIndependent · joined Nov 2022 · reappointed Nov 2022 · 44 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Anish ShahNon-executive · joined Aug 2015 · 6 listed boards
  • Rucha NanavatiNon-executive · joined Jul 2022 · 1 listed board · 1 committee seat
  • Amit Kumar Sinha · Managing director and CEOExecutive · joined May 2023 · 1 listed board · 1 committee seat
  • Milind KulkarniNon-executive · joined Jul 2024 · 1 listed board · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Asha Kharga, left 13 Mar 2026: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 28 Apr 20266 of 7 present2 independent · 45 days in between
    • 13 Mar 20267 of 8 present3 independent · 31 days in between
    • 9 Feb 20267 of 8 present3 independent · 6 days in between
    • 2 Feb 20268 of 8 present3 independent
  • Audit Committee

    Chair Ameet Hariani

    Amrita Verma Chowdhury, Anuj Puri, Milind Kulkarni

    • 28 Apr 20263 of 4 present2 independent · 46 days in between
    • 12 Mar 20264 of 4 present3 independent · 30 days in between
    • 9 Feb 20264 of 4 present3 independent · 6 days in between
    • 2 Feb 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair Amrita Verma Chowdhury

    Ameet Hariani, Anish Shah

    • 28 Apr 20262 of 3 present2 independent · 45 days in between
    • 13 Mar 20263 of 3 present3 independent · 38 days in between
    • 2 Feb 20262 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair Ameet Hariani

    Amit Kumar Sinha, Rucha Nanavati

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Amrita Verma Chowdhury

    Rucha Nanavati, Amit Kumar Sinha, Milind Kulkarni, Sriram Kumar

    • 6 Jan 20263 of 4 present1 independent
  • Corporate Social Responsibility Committee

    Chair Amrita Verma Chowdhury

    Amit Kumar Sinha, Rucha Nanavati

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Sep 2026.

  • Ms Deloitte Haskins and Sells LLPPeer-review certificate valid to Jul 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Mahindra Lifespace Developers AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Mahindra Lifespace Developers dividend history

Annual general meeting, 23 Jul 2026

1,29,948 shareholders on the register on 17 Jul 2026; present: 2 promoters and 48 others; votes counted by Mr. Martinho Ferrao / M/s. Martinho Ferrao & Associates.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31 March, 2026 and the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 81.18% · promoters 100.00% · institutions 94.65% · other public 0.93%

  2. Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2026 and the Report of the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 81.18% · promoters 100.00% · institutions 94.65% · other public 0.93%

  3. Declaration of Dividend on Equity Shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 81.18% · promoters 100.00% · institutions 94.65% · other public 0.91%

  4. To appoint a director in place of Mr. Amit Kumar Sinha (DIN: 09127387), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.27% · other public 1.98%

    Turnout: all 81.16% · promoters 100.00% · institutions 94.65% · other public 0.80%

  5. Ratification of Remuneration to Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 81.18% · promoters 100.00% · institutions 94.65% · other public 0.91%

  6. Approval for Material Related Party Transaction(s) between the Company and Mahindra & Mahindra Limited, Promoter and Holding Company of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 28.74% · promoters 0.00% · institutions 94.65% · other public 0.76%

  7. Approval for Material Related Party Transaction(s) between the Company and Mahindra and Mahindra Financial Services Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 28.74% · promoters 0.00% · institutions 94.65% · other public 0.76%

  8. Approval for Material Related Party Transaction(s) between the Mahindra Industrial Park Chennai Limited and Mahindra World City Developers Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 28.74% · promoters 0.00% · institutions 94.65% · other public 0.76%

  9. Approval of remuneration payable to Mr. Amit Kumar Sinha, Managing Director and Chief Executive Officer of the Company
    Special
    94.31% for5.69% against

    Against: promoters 0.00% · institutions 16.14% · other public 0.75%

    Turnout: all 81.16% · promoters 100.00% · institutions 94.65% · other public 0.79%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Mar 2026, 4 resolutions

1,23,363 shareholders on the register on 13 Feb 2026; votes counted by MARTINHO FERRAO / Martinho Ferrao and Associates.The company's voting result (opens in a new tab)

  1. Transfer of business undertaking to Mahindra Blossom Developers Limited on slump sale basis.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.42%

    Turnout: all 81.50% · promoters 100.00% · institutions 94.57% · other public 0.95%

  2. Approval for Material Related Party Transaction(s) between the Company and Mahindra Blossom Developers Limited, i.e. subsidiary of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.11%

    Turnout: all 29.06% · promoters 0.00% · institutions 94.57% · other public 0.82%

  3. Approval for Material Related Party Transaction(s) between Mahindra Blossom Developers Limited, i.e. subsidiary of the Company and Mitsui Fudosan (Asia) Pte. Ltd
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.59%

    Turnout: all 29.06% · promoters 0.00% · institutions 94.57% · other public 0.82%

  4. Material Modification of earlier approved Material Related Party Transactions between the Company and Mahindra & Mahindra Limited, Promoter and Holding Company of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.59%

    Turnout: all 29.06% · promoters 0.00% · institutions 94.57% · other public 0.82%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 5 Nov 2025, 1 resolution

1,23,865 shareholders on the register on 3 Oct 2025; votes counted by MARTINHO FERRAO / Martinho Ferrao and Associates.The company's voting result (opens in a new tab)

  1. Approval for Material Related Party Transaction(s) for acquisition of stake held by Actis Mahi Holdings (Singapore) Private Limited (AMHSPL) in Mahindra Homes Private Limited (MHPL), subsidiary of the CompanyMoreLess
    OrdinaryPromoters have an interest in it
    99.44% for0.56% against

    Against: promoters 0.00% · institutions 0.56% · other public 1.36%

    Turnout: all 29.22% · promoters 0.00% · institutions 95.17% · other public 0.80%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Jul 2025, 10 resolutions

1,21,685 shareholders on the register on 18 Jul 2025; present: 2 promoters and 70 others; votes counted by Mr . Martinho Ferrao / M/s. Martinho Ferrao & Associates.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standalone Financial Statement of the Company for the financial year ended on March 31, 2025 and the Reports of the Board of Directors and the Auditor’s thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 82.16% · promoters 100.00% · institutions 95.13% · other public 3.10%

  2. Adoption of the Audited Consolidated Financial Statement of the Company for the financial year ended on March 31, 2025 and report of the Auditor’s thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 82.16% · promoters 100.00% · institutions 95.13% · other public 3.10%

  3. Declaration of Dividend (Rs. 2.80 per equity share of face value of Rs. 10/- each fully paid) for the financial year ended on March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 82.18% · promoters 100.00% · institutions 95.17% · other public 3.10%

  4. Re-appointment of Ms. Rucha Nanavati (DIN: 09684920) as a Non-Executive Non-Independent Director, who retires by rotation and being eligible, offers herself for re-appointment.
    Ordinary
    99.30% for0.70% against

    Against: promoters 0.00% · institutions 1.97% · other public 0.42%

    Turnout: all 82.18% · promoters 100.00% · institutions 95.17% · other public 3.10%

  5. Appointment of M/s. Martinho Ferrao & Associates (FCS 6221, CP No 5676) Practicing Company Secretary as Secretarial Auditor for the term of 5 (five) consecutive years commencing from FY 2025-2026 to FY 2029-2030MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 82.18% · promoters 100.00% · institutions 95.17% · other public 3.10%

  6. Payment of Remuneration to Non-Executive Directors of the Company
    Special
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 1.79% · other public 0.14%

    Turnout: all 82.18% · promoters 100.00% · institutions 95.17% · other public 3.10%

  7. Ratification of Remuneration to Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 82.18% · promoters 100.00% · institutions 95.17% · other public 3.10%

  8. Approval for Material Related Party Transaction(s) between the Company and Mahindra and Mahindra Limited, Promoter and Holding Company of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 29.75% · promoters 0.00% · institutions 95.17% · other public 3.10%

  9. Approval for Material Related Party Transaction(s) between Mahindra Industrial Park Chennai Limited and Mahindra World City Developers Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 29.75% · promoters 0.00% · institutions 95.17% · other public 3.10%

  10. Approval for Material Related Party Transaction(s) between the Company and Mahindra Industrial Park Chennai Limited, a subsidiary of the Company
    OrdinaryPromoters have an interest in it
    86.36% for13.64% against

    Against: promoters 0.00% · institutions 13.89% · other public 0.07%

    Turnout: all 29.75% · promoters 0.00% · institutions 95.17% · other public 3.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Dec 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. Approval for Material Related Party Transaction(s) between the Company and Mahindra & Mahindra Limited, Promoter and Holding Company of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.51%

    Turnout: all 29.38% · promoters 0.00% · institutions 95.40% · other public 0.69%

  2. Increase in the borrowing limits of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.89%

    Turnout: all 80.53% · promoters 100.00% · institutions 95.40% · other public 0.67%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 11 Oct 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Milind Kulkarni as a Non-Executive Non-Independent Director
    Ordinary
    99.22% for0.78% against

    Against: promoters 0.00% · institutions 2.12% · other public 3.92%

    Turnout: all 80.60% · promoters 100.00% · institutions 94.77% · other public 0.97%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Jul 2024, 14 resolutions

Present: 2 promoters and 72 others.The company's voting result (opens in a new tab)

  1. Consideration and Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Reports of the Board of Directors and Auditorsnthereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 79.28% · promoters 100.00% · institutions 88.25% · other public 3.77%

  2. Consideration and Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Report of the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 79.28% · promoters 100.00% · institutions 88.25% · other public 3.77%

  3. Declaration of Dividend on Equity Shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 79.31% · promoters 100.00% · institutions 88.37% · other public 3.77%

  4. To appoint a Director in place of Dr. Anish Shah (DIN: 02719429), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.09% for0.91% against

    Against: promoters 0.00% · institutions 2.61% · other public 0.31%

    Turnout: all 79.31% · promoters 100.00% · institutions 88.37% · other public 3.77%

  5. Re-appointment of Ms. Amrita Chowdhury (DIN: 02178520) as Non-Executive Independent Director of the Company for a second term of five consecutive years
    Special
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 1.07% · other public 0.55%

    Turnout: all 79.31% · promoters 100.00% · institutions 88.37% · other public 3.77%

  6. Payment of Remuneration to Non- Executive Independent Directors of the Company
    Special
    99.25% for0.75% against

    Against: promoters 0.00% · institutions 2.17% · other public 0.28%

    Turnout: all 79.31% · promoters 100.00% · institutions 88.37% · other public 3.77%

  7. Ratification of Remuneration to Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 79.31% · promoters 100.00% · institutions 88.37% · other public 3.77%

  8. Approval for Material Related Party Transaction(s) between the Company and Mahindra & Mahindra Limited, Promoter and Holding Company of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 28.15% · promoters 0.00% · institutions 88.37% · other public 3.77%

  9. Approval for Material Related Party Transaction(s) between the Company and Mahindra Happinest Developers Limited
    OrdinaryPromoters have an interest in it
    79.91% for20.09% against

    Against: promoters 0.00% · institutions 20.58% · other public 0.08%

    Turnout: all 28.15% · promoters 0.00% · institutions 88.37% · other public 3.77%

  10. Approval for Material Related Party Transaction(s) between the Company and Mahindra Homes Private Limited
    OrdinaryPromoters have an interest in it
    79.91% for20.09% against

    Against: promoters 0.00% · institutions 20.58% · other public 0.08%

    Turnout: all 28.15% · promoters 0.00% · institutions 88.37% · other public 3.77%

  11. Approval for Material Related Party Transaction(s) between the Company and Mahindra Water Utilities Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 28.15% · promoters 0.00% · institutions 88.37% · other public 3.77%

  12. Approval for Material Related Party Transaction(s) between the Company and its Associate companies
    OrdinaryPromoters have an interest in it
    54.30% for45.70% against

    Against: promoters 0.00% · institutions 46.81% · other public 0.08%

    Turnout: all 28.15% · promoters 0.00% · institutions 88.37% · other public 3.77%

  13. Approval for Material Related Party Transaction(s) between Mahindra Industrial Park Chennai Limited and Mahindra World City Developers Limited
    OrdinaryPromoters have an interest in it
    79.91% for20.09% against

    Against: promoters 0.00% · institutions 20.58% · other public 0.08%

    Turnout: all 28.15% · promoters 0.00% · institutions 88.37% · other public 3.77%

  14. Approval for Material Related Party Transaction(s) between Mahindra Industrial Park Chennai Limited and Sumitomo Corporation
    OrdinaryPromoters have an interest in it
    79.91% for20.09% against

    Against: promoters 0.00% · institutions 20.58% · other public 0.08%

    Turnout: all 28.15% · promoters 0.00% · institutions 88.37% · other public 3.77%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Jul 2023, 5 resolutions

Present: 2 promoters and 70 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited standalone financial statement of the Company for the financial year ended on 31st March, 2023 and the Reports of the Board of Directors and the Auditor¿s thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 81.92% · promoters 100.00% · institutions 95.74% · other public 2.70%

  2. To receive, consider and adopt the audited consolidated financial statement of the Company for the financial year ended on 31st March, 2023 and report of the Auditor's thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 81.92% · promoters 100.00% · institutions 95.74% · other public 2.70%

  3. To declare Dividend on equity shares for the financial year ended on 31st March, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 81.97% · promoters 100.00% · institutions 95.88% · other public 2.70%

  4. To appoint a Director in place of Ms. Asha Kharga (DIN: 08473580), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    99.52% for0.48% against

    Against: promoters 0.00% · institutions 1.30% · other public 0.26%

    Turnout: all 81.97% · promoters 100.00% · institutions 95.88% · other public 2.70%

  5. Ratification of Remuneration to Cost Auditor
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 81.97% · promoters 100.00% · institutions 95.88% · other public 2.70%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 23 Jul 2026, 4 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31 March, 2026 and the Reports of the Board of Directors and Auditors thereon
    4 for0 against
  • Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2026 and the Report of the Auditors thereon
    4 for0 against
  • Declaration of Dividend on Equity Shares
    4 for0 against
  • To appoint a director in place of Mr. Amit Kumar Sinha (DIN: 09127387), who retires by rotation and being eligible, offers himself for re-appointment
    4 for0 against
  • Ratification of Remuneration to Cost Auditor
    4 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra & Mahindra Limited, Promoter and Holding Company of the Company
    4 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra and Mahindra Financial Services Limited
    4 for0 against
  • Approval for Material Related Party Transaction(s) between the Mahindra Industrial Park Chennai Limited and Mahindra World City Developers Limited
    4 for0 against
  • Approval of remuneration payable to Mr. Amit Kumar Sinha, Managing Director and Chief Executive Officer of the Company
    4 for0 against

Mutual fund votes, meeting of 22 Mar 2026, 12 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Transfer of business undertaking to Mahindra Blossom Developers Limited on slump sale basis.
    11 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra Blossom Developers Limited, i.e. subsidiary of the Company
    11 for0 against
  • Approval for Material Related Party Transaction(s) between Mahindra Blossom Developers Limited, i.e. subsidiary of the Company and Mitsui Fudosan (Asia) Pte. Ltd
    12 for0 against
  • Material Modification of earlier approved Material Related Party Transactions between the Company and Mahindra & Mahindra Limited, Promoter and Holding Company of the Company
    12 for0 against
2 proposals not matched to one resolution
  • 1) Approve transfer of business undertaking to Mahindra Blossom Developers Limited, wholly owned subsidiary, on slump sale basis for a consideration of Rs. 738.0 mn.
    1 for0 against
  • 2) Approve related party transactions with Mahindra Blossom Developers Limited, wholly owned subsidiary, upto ~Rs. 2.4 bn.
    1 for0 against
6 earlier meetings

Mutual fund votes, meeting of 5 Nov 2025, 11 fund houses

  • Approval for Material Related Party Transaction(s) for acquisition of stake held by Actis Mahi Holdings (Singapore) Private Limited (AMHSPL) in Mahindra Homes Private Limited (MHPL), subsidiary of the CompanyMoreLess
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundTransparency concern: Lack of clarity on valuation report; hence, fairness of pricing cannot be ascertained.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Transparency concern: Lack of clarity on valuation report; hence, fairness of pricing cannot be ascertained.
    8 for3 against

Mutual fund votes, meeting of 25 Jul 2025, 11 fund houses

  • Adoption of the Audited Standalone Financial Statement of the Company for the financial year ended on March 31, 2025 and the Reports of the Board of Directors and the Auditor’s thereon.
    11 for0 against
  • Adoption of the Audited Consolidated Financial Statement of the Company for the financial year ended on March 31, 2025 and report of the Auditor’s thereon.
    11 for0 against
  • Declaration of Dividend (Rs. 2.80 per equity share of face value of Rs. 10/- each fully paid) for the financial year ended on March 31, 2025
    11 for0 against
  • Re-appointment of Ms. Rucha Nanavati (DIN: 09684920) as a Non-Executive Non-Independent Director, who retires by rotation and being eligible, offers herself for re-appointment.
    11 for0 against
  • Appointment of M/s. Martinho Ferrao & Associates (FCS 6221, CP No 5676) Practicing Company Secretary as Secretarial Auditor for the term of 5 (five) consecutive years commencing from FY 2025-2026 to FY 2029-2030MoreLess
    11 for0 against
  • Payment of Remuneration to Non-Executive Directors of the Company
    11 for0 against
  • Ratification of Remuneration to Cost Auditor
    11 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra and Mahindra Limited, Promoter and Holding Company of the Company
    Against Groww Mutual Fund
    • Groww Mutual FundCompliant with law. Governance & Transparency concern: Lack of clarity as to how purchase /sale/ exchange of business assets, property & plant falls under ordinary course of business; Inadequate disclosure regarding the basis of arm’s length pricing.
    10 for1 against
  • Approval for Material Related Party Transaction(s) between Mahindra Industrial Park Chennai Limited and Mahindra World City Developers Limited
    Against Groww Mutual Fund
    • Groww Mutual FundCompliant with law. Governance & Transparency concern: Inadequate disclosure regarding the basis of arm’s length pricing.
    10 for1 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra Industrial Park Chennai Limited, a subsidiary of the Company
    Against Groww Mutual Fund
    • Groww Mutual FundCompliant with law. Governance & Transparency concern: Inadequate disclosure regarding the basis of arm’s length pricing.
    10 for1 against

Mutual fund votes, meeting of 26 Dec 2024, 15 fund houses

  • Approval for Material Related Party Transaction(s) between the Company and Mahindra & Mahindra Limited, Promoter and Holding Company of the Company
    15 for0 against
  • Increase in the borrowing limits of the Company
    15 for0 against

Mutual fund votes, meeting of 11 Oct 2024, 16 fund houses

  • Appointment of Mr. Milind Kulkarni as a Non-Executive Non-Independent Director
    16 for0 against

Mutual fund votes, meeting of 24 Jul 2024, 15 fund houses

  • Consideration and Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Reports of the Board of Directors and Auditorsnthereon
    15 for0 against
  • Consideration and Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Report of the Auditors thereon
    15 for0 against
  • Declaration of Dividend on Equity Shares
    15 for0 against
  • To appoint a Director in place of Dr. Anish Shah (DIN: 02719429), who retires by rotation and being eligible, offers himself for re-appointment
    15 for0 against
  • Re-appointment of Ms. Amrita Chowdhury (DIN: 02178520) as Non-Executive Independent Director of the Company for a second term of five consecutive years
    15 for0 against
  • Payment of Remuneration to Non- Executive Independent Directors of the Company
    15 for0 against
  • Ratification of Remuneration to Cost Auditor
    15 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra & Mahindra Limited, Promoter and Holding Company of the Company
    15 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra Happinest Developers Limited
    15 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra Homes Private Limited
    15 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and Mahindra Water Utilities Limited
    15 for0 against
  • Approval for Material Related Party Transaction(s) between the Company and its Associate companies
    Against Baroda BNP Paribas Mutual Fund, Groww Mutual Fund, Kotak Mahindra Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Baroda BNP Paribas Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundNon-compliance with SEBI Circular: Omnibus approval of RPTs for a period of more than one year.
    • Kotak Mahindra Mutual FundThe Company is seeking shareholders approval for entering into Material RPTs with its Associate Companies for a period of five years from Financial Year 2024-25 up to Financial Year 2028-29. The proposed transaction are not specific in nature and to be considered as omnibus, due to the underlying nature of disclosures and clubbed transaction with multiple parties. Hence, the company should have sought omnibus approval for the proposed RPT s with the maximum tenure of approval being restricted to 1 year only or up to the next AGM. Hence voting against.
    • Nippon India Mutual FundOmnibus approval of RPTs for a period of more than one year.
    9 for6 against
  • Approval for Material Related Party Transaction(s) between Mahindra Industrial Park Chennai Limited and Mahindra World City Developers Limited
    15 for0 against
  • Approval for Material Related Party Transaction(s) between Mahindra Industrial Park Chennai Limited and Sumitomo Corporation
    15 for0 against

Mutual fund votes, meeting of 26 Jul 2023, 11 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt the audited standalone financial statement of the Company for the financial year ended on 31st March, 2023 and the Reports of the Board of Directors and the Auditor¿s thereonMoreLess
    11 for0 against
  • To receive, consider and adopt the audited consolidated financial statement of the Company for the financial year ended on 31st March, 2023 and report of the Auditor's thereon.
    11 for0 against
  • To declare Dividend on equity shares for the financial year ended on 31st March, 2023
    10 for0 against
  • To appoint a Director in place of Ms. Asha Kharga (DIN: 08473580), who retires by rotation and being eligible, offers herself for re-appointment
    11 for0 against
  • Ratification of Remuneration to Cost Auditor
    11 for0 against
1 proposal not matched to one resolution
  • Approve final dividend of Rs. 2.3 per share of face value Rs.10.0 each for FY23
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtMahindra Kandivali Developers LimitedSince 29 Jun 2026

    100.00% bought in the quarter; holding 100.00%, from 0.00%

  • Unlisted stake heldAmple Parks and Logistics Privtae LimitedSince 15 May 2026

    0.00% bought in the quarter; holding 26.00%, from 26.00%

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 3 complaints open, quarter to Sep 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Dec 2025. The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Rights IssuesJun 2025, checked by CARE RATINGS LIMITED1,494.80––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.