Mahindra Lifespace Developers Limited (BSE:532313) acquired remaining 30% stake in Mahindra Bebanco Developers Limited from B.E. Billimoria & Co. Limited for INR 40 million on May 28, 2018. Mahindra Lifespace Developers Limited acquired 0.02 million shares. Post completion, Mahindra Lifespace Developers Limited held 0.05 million shares of Mahindra Bebanco Developers Limited representing its 100% stake and will become wholly owned subsidiary of Mahindra Lifespace Developers Limited. For the financial year 2017-18, Mahindra Bebanco Developers Limited has reported turnover of INR 32.77 million. Mahindra Lifespace Developers Limited (BSE:532313) completed the acquisition of remaining 30% stake in Mahindra Bebanco Developers Limited from B.E. Billimoria & Co. Limited on May 28, 2018.