Mahindra Lifespace Developers Ltd

• Board meeting on 22 October 2026 to consider unaudited standalone and consolidated Q2/H1 2026 results.
• Period covered: quarter and half-year ended 30 September 2026.
• Trading window will close from 1 October 2026 to 24 October 2026 (both days inclusive).

Key Update

• AP1 and AP2 ceased to be associates of Mahindra Lifespace Developers Limited.

Purpose of addendum

• Addendum to Integrated Annual Report FY2025-26 on sustainability metrics.

Key metric revisions

• Residential Scope 1 emissions corrected to 89.22 tCO2e from 1,973.89 tCO2e.
• Residential emission intensity per sq m revised to 0.0078 tCO2e.
• Water Positivity Index (IC&IC O&M) revised to 45.08% from 108.05%.
• Residential total emissions reduced to 135,921.66 tCO2e from 137,806.33 tCO2e.
• Total Organization emissions revised to 416,354.31 tCO2e from 418,238.98 tCO2e.

Assurance and governance

• Bureau Veritas provided independent limited assurance for Scope 1-3 emissions.
• Addendum accompanies the Integrated Report and reflects data corrections without changing targets.

Litigation update

• Arbitration with Parekh & Brothers; final award passed on 27 July 2026; no material financial impact.
• Obligations under settlement to be completed by end of September 2026.

Leadership transition

• Board notes Amit Kumar Sinha's transition from MD&CEO to a new Mahindra Group role.
• He will move to the new role after a new CEO is appointed at Mahindra Lifespaces.
• Amit Sinha to be CEO-Holidays and Lifespaces Sector when sector structure is implemented.

Strategic focus

• Mahindra Group announces dedicated focus on Holidays and Lifespaces sectors to accelerate growth.
• Leadership and reporting arrangements will be aligned with the new sector structure.

ESG Rating

• CRISIL ESG Rating 64 assigned; category Strong.
• Based on FY2025-26 data in public domain.
• Report issued voluntarily; company did not engage CRISIL.

Agency

• CRISIL ESG Ratings & Analytics Limited (CRISIL).

Rationale

• Independent rating based on public FY2025-26 data.
• No formal engagement with Mahindra Lifespaces for ESG rating.

Disclosure

• Intimation uploaded on Mahindra Lifespace's website.

Meeting Details

• Date: 24 July 2026; earnings conference call for Q1 FY27.
• Type/Mode: Group earnings call conducted virtually.
• Organiser: Mahindra Lifespace Developers Limited; Q1 FY27 Earnings Update.
• Time: Not disclosed.
• Recording: Transcript and audio/video recording posted on the company website.

Participants

• Managing Director & Chief Executive Officer.
• Chief Business Officer – Residential.
• Chief Business Officer – Industrial.
• Chief Financial Officer.
• Investor Relations contact.
• Company Secretary & Compliance Officer.

Purpose

• Discuss Q1 FY27 earnings results and interact with analysts/investors.

Additional Notes

• Transcript and audio/video recording available on the company website.
• Presentation slides and Q&A transcript published in investor section.

Ratings Details

• Commercial Paper INR 3,500 million rated IND A1+ by Ind-Ra.
• Bank loan facilities INR 3,250 million rated IND AA/Stable; short-term IND A1+ by Ind-Ra.
• Rating agency: India Ratings & Research Limited (Ind-Ra).
• Rating communication date: July 24, 2026.
• Outlook: Stable for long-term rating.