Mahindra Lifespace Developers Limited
Bandhan Mutual Fund increased its stake in Mahindra Lifespace Developers from 2.59% to 2.88%, acquiring an additional 618,573 shares. This stake, totaling 6,134,511 shares, is worth ₹233.27 crore at a price of ₹380.25 per share.
A real estate developer engaged in residential and commercial property development across India. The company constructs housing projects, office complexes, and commercial spaces while operating special economic zones and industrial clusters through subsidiary entities. Incorporated in 1999, it operates as a vertically integrated real estate firm serving both residential and institutional segments with projects spanning multiple cities nationwide.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.