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Mahindra Lifespace Developers Ltd logo

Mahindra Lifespace Developers Ltd

NSE: MAHLIFE BSE: 532313

₹357.60

(-2.84%)

Tue, 03 Mar 2026, 00:11 pm

Company History

1999

  • GESCO Corporation Limited was incorporated as a Private Limited Company on March 16, 1999.
  • The Company was converted to a Public Limited Company on August 18, 1999.
  • The Scheme of Arrangement between the Company, The Great Eastern Shipping Co. Ltd., and their respective shareholders was approved by the Hon'ble High Court at Bombay on August 26, 1999.

2001

  • Eastern Resin & Allied Products Ltd. (Sikkim) has acquired 17,75,185 shares of the company.
  • The Sikkim-based Eastern Resin & Allied Products Ltd acquired 17,75,185 shares of GESCO Corporation Ltd.

2003

  • Mr Suvir Ahuja, Managing Director of the Mahindra Gesco Developers Ltd has expressed his desire to resign from the services of the Company with effect from August 27, 2003.
  • Mr. Sudhir Mulji, Non-Executive Chairman of the Company resigned as a Director with effect from October 17, 2003.
  • Mr. Sanjiv Kapoor has been appointed as an Additional Director at the Board Meeting held on October 31, 2003.

2007

  • Company name has been changed from Mahindra Gesco Developers Limited to Mahindra Lifespace Developers Ltd.

2008

  • IGBC Green Homes Precertified Platinum.
  • AESA Gold Award, 2008 for The Woods, Wakad, Pune, The Best Project in Group Housing Category in Pune.

2009

  • Mahindra Splendour awarded winner in the category of 'Best Developer– Green Future Development' by Cityscape Real Estate India.

2010

  • Mahindra Lifespaces wins The Economic Times ACETECH award under the category 'Excellence in Mid Segment (Exterior Architectural Design)' for project 'Eminente' Wings 'Vervian & Veronica'.
  • Mahindra Lifespaces wins Gold for 'Refresh' Newsletter Design and Silver for 'Aqualily' Brochure Design at the 50th Annual Awards of the Association of Business Communicators of India (ABCI).
  • Mahindra Lifespaces Awarded 'One of India's Top 10 Builders 2010' by Construction World.

2011

  • Mahindra Lifespaces has been voted as one of India's Top 10 Builders by CONSTRUCTION WORLD and CW INTERIORS for the second consecutive year.
  • Splendour was the Second Best of the top three Finalists in KPMG-Qimpro Convention 2011 under Category Green Initiatives in Service Sector.

2012

  • Mahindra Lifespaces enters Nagpur - launches a premium residential project, 'Bloomdale'.
  • Mahindra Lifespaces releases first ever Global Reporting Initiative report.
  • Mahindra Lifespaces debuts in Hyderabad with 'Ashvita' - a premium residential complex.

2013

  • Mahindra World City, Jaipur signs Prithvi Steels.
  • Mahindra Lifespaces and Standard Chartered Bank to form joint venture for development of residential real estate in India.
  • Mahindra Lifespace acquires a land parcel in MMR region for residential development.
  • Mahindra Lifespace has entered into a collaboration agreement to undertake a Group Housing Project at Gurgaon, Haryana.
  • Mahindra World City, Jaipur signs PERTO S.A. from Brazil.

2014

  • Mahindra Lifespaces forays into weekend homes; Launches 'The Serenes' - Exclusive Villas in Alibaug.
  • Mahindra Lifespace launches 2nd Happinest project in Boisar, Maharashtra.
  • Mahindra Lifespace acquires a land parcel in MMR region for residential development.
  • Mahindra Lifespaces launches its first Happinest project in Chennai Homes starting from Rs. 9.9 Lakhs.

2015

  • Mahindra World City announces Joint Venture with Sumitomo Corporation for New Industrial Park.
  • Mahindra Lifespace to launch new project in Bengaluru.
  • Mahindra Lifespaces announces its foray into Bengaluru.
  • Mahindra Lifespace acquires land parcel in Maharashtra.
  • Mahindra Lifespaces' 'Splendour' wins the ACETECH Alpha Award for Best Developer Residential Project.

2016

  • Mahindra Lifespace Developers Ltd changes Registrar and Transfer Agent of the Company.
  • Company launches new phase of industrial zone at Mahindra World City, Chennai.

2017

  • Mahindra Lifespaces to foray into Gujarat with a new industrial park near Ahmedabad.
  • MLDL signs MoU with Gujarat Govt.
  • Mahindra Lifespace gets Sebi nod for Rs 300-cr rights issue.
  • Mahindra Lifespace fixes rights issue price at Rs 292/share.
  • Mahindra Lifespace partners IFC to develop industrial parks.

2018

  • Mahindra Lifespace acquires 30% shares in MBDL.
  • Mahindra Lifespace launches 5th housing project in Chennai township.

2019

  • Mahindra Lifespace acquires 7 acre land in Pune for housing project.
  • Mahindra Lifespace Developers inaugurates ORIGINS, Industrial Cluster on the NH16 corridor.

2020

  • Mahindra Lifespaces partners with Extramarks Education to spread the 'Joy of Learning'.
  • Realty firm Mahindra Lifespace ties up with Extramarks Education.
  • Mahindra Lifespace ties up with Extramarks Education.
  • Mahindra Lifespaces campaign celebrates new-found importance of home.

2021

  • Mahindra Lifespaces adds new residential project in Bengaluru.
  • Mahindra Lifespace Developers adds new residential project in Kalyan.

2022

  • Mahindra Lifespace launches Biophilia-inspired homes in Pimpri, Pune.
  • Mahindra Lifespace Developers launches India's first Net Zero Energy residential project in Bengaluru.
  • Mahindra Lifespace Developers updates on launch of Mahindra Happinest Kalyan - 2.

2023

  • Mahindra Lifespace Developers launches Phase 3 of Mahindra Happinest Tathawade, in Pune.
  • Mahindra Lifespace Developers Limited launches plotted project 'Lakefront Estates by Mahindra' in Chennai.

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