Mahindra Lifespace Developers Limited (MAHLIFE) — Announcement

📢 Key Event
Favorable court order disposed of subsidiary land rights litigation with no material financial impact.

🔄 What Changed
Litigation concluded with favorable outcome; land rights confirmed for MIPCL subsidiary; matter amicably settled versus pending status as of August 2023.

💡 Investor Takeaway
Subsidiaries successfully resolved a land dispute with confirmed property rights and no material financial consequence to the parent company.

Mahindra Lifespace Developers reported a favorable court order dated 12 February 2026 disposing of litigation involving subsidiaries Mahindra World City Developers Limited (MWCDL) and Mahindra Industrial Park Chennai Limited (MIPCL) at Principal District Court, Thiruvallur. The matter was amicably settled with land rights confirmed in favor of MIPCL. The company stated there is no material impact on financial position from this settlement.

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