Mahindra Homes Pvt Ltd is a 50:50 joint venture company of Mahindra Lifespace Developers and SCM Real Estate (Singapore) Pvt Ltd.
Mahindra Lifespace is a real estate arm of the Mahindra & Mahindra group.
In a filing to the BSE, the company informed that Mahindra Homes has allotted in its rights issue 411251 series A equity shares with voting rights.
As a result, the company's shareholding in Mahindra Homes has increased form 50 per cent to 74.98 per cent.
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