Mahindra Lifespace Developers Limited has informed the Exchange that Record date for the purpose of Rights is 23-May-2025.
MAHLIFE · price
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Mahindra Lifespace Developers has fixed Friday, 23rd May 2025 as the record date for its upcoming Rights Issue of equity shares. The record date is being used to identify which shareholders will be eligible to receive Rights Entitlements under the issue. This follows the outcome of the company's board meeting held on 13th May 2025. Existing shareholders as on the record date will need to act on their rights entitlements if they wish to participate. The intimation has been made under SEBI's Listing Regulations and shared with BSE, NSE, and depositories.
Shareholders holding shares as of 23rd May 2025 will be eligible to receive rights entitlements and can choose to subscribe to additional shares or let the rights lapse. The actual impact on share price will depend on the issue price, ratio, and discount to market price, which have not been disclosed in this filing.