Mahindra Lifespace Developers Limited announced that the annual general meeting held on July 25, 2017, declared dividend of INR 6 per equity share of the face value of INR 10 each.

The meeting also approved by way of a special resolution, private placement of non-convertible debentures including but not limited to bonds and/or other debt securities upto an amount not exceeding INR 7,500 million.