Mahindra Lifespace to sell stake in 4 associate companies for up to Rs 80 cr
MAHLIFE · price
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On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.8 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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MLDL will sell entire stake in 4 associate companies (Ample Parks APLPL, AP1, AP2, APMPL) to Omega Warehouse Holdings 2 for up to Rs 80 crore. Buyer already holds balance stake and is not related to promoters. Completion expected by Dec 31, 2026. Associates only contribute profit share; MLDL's proportionate net worth is Rs 47.4 cr in AP1, Rs 4.3 cr in AP2, Rs 1.29 lakh in APMPL, and negative in APLPL.
Minor non-core divestment. Limited earnings impact but frees up capital and simplifies group structure.