Mahindra Lifespace Developers Limited
Kotak Mutual Fund decreased its stake in Mahindra Lifespace Developers Limited from 5.43% to 4.92%, selling 10,69,070 shares and slipping below the 5% disclosure threshold.
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.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.