Mahindra Lifespace Developers Forms Unit for Construction Business
Mahindra Lifespace Developers (NSE:MAHLIFE, BOM:532313), a subsidiary of Mahindra & Mahindra (NSE:M&M, BOM:500520), has incorporated Mahindra Kandivali Developers as a wholly owned subsidiary to undertake construction business activities, according to a stock exchange filing on Tuesday.The new entity was incorporated in Mumbai on June 29 and has become a step-down subsidiary of Mahindra & Mahindra.