<ul><li>Mahindra Lifespace Developers Ltd. marks the record date for eligibility for its Rs 1,500 crore 'rights issue', offering 3 equity shares for every 8 held at an issue price of Rs 257 per share.</li><li>The rights issue will be open from Jun. 2 to Jun. 17, and investors must buy the company's shares on or before May 22 to qualify for the discounted shares.</li><li>A total of 5,82,20,901 shares will be issued, raising up to about Rs 1,496.28 crore assuming all shares are subscribed, with each share issued at Rs 257 including Rs 10 face value and Rs 247 premium.</li><li>Shares of Mahindra Lifespace Developers rose 3.17% to Rs 362.85 today, showing positive market response, with key financial figures indicating a mixed performance in Q4FY25.</li></ul>

Mahindra Lifespace Rises 3.2%: Last Day To Buy Shares for Rights Issue Eligibility

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