Clarification: subsidiary name corrected to Mahindra Sakura Developers Private Limited in Q2 disclosure
Mahindra Lifespace Developers has issued a clarification on its 22 October 2026 update of Q2 and half-year results.
By ScoutQuest · · 1 min read
Clarification on a name, not on the numbers
The company has told the exchanges about a correction to a document it shared on 22 October 2026 - the unaudited standalone and consolidated financial results for the second quarter and half year ended 30 September 2026, approved by the Board that day and subjected to limited review by the statutory auditors.
What was corrected
- The correction is to the name of a subsidiary company appearing in the independent auditor's review report on the interim consolidated financial results, at point no. 4 - serial no. 6, and in note no. 2 of the Statement of consolidated unaudited financial results.
- As per the submission on 22 October 2026, the entity was written as Mahindra Sakura Developers Limited (previously known as Shreyas Stones Private Ltd).
- The actual name is Mahindra Sakura Developers Private Limited (previously known as Shreyas Stones Private Ltd).
- The difference is in the legal form of the name - "Limited" in the earlier update against "Private Limited" as the actual name.
Why it was shared
- The company describes it as an inadvertent clerical error and has asked stakeholders to take note of the corrected name.
- The clarification is being uploaded on the company's website in the investor centre, under the quarterly results section.
How to read this
- The notice is about identifying the subsidiary correctly in the reviewed consolidated results and the auditor's report.
- The update is a correction of the subsidiary's name in the earlier submission; the corrected name is the one to use when reading those documents.
Signed by Bijal Parmar, Company Secretary and Compliance Officer, for Mahindra Lifespace Developers Limited, and dated 26 October 2026.
Also from Mahindra Lifespace Developers
Q2/H1 FY27 call: residential sales ₹1,988 crore, PAT ₹102 crore, GDV pipeline ₹50,000 crore
28 Oct 2026
Mahindra Lifespaces to develop 10.05-acre land parcel in North Bengaluru with INR 1,250 crore GDV
27 Oct 2026
Mahindra Lifespace reported H1 pre-sales growth of 48% YoY and gave FY guidance of 4,500-5,000 crore rupees in residential pre-sales, targeting 9,500 crore rupees annual pre-sales by FY30
23 Oct 2026
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