16-Jun-2026 13:15:35
MHRILAcquisition and merger
MAHINDRA HOLIDAYS : ACQUIRES 100% STAKE IN ADITATVA ESTATES FOR RS 37.5 CR
• The acquisition of 100% equity stake in Aditatva Estates Private Limited has been completed for an aggregate consideration of Rs. 37.5 Crore. • Aditatva has become a wholly owned subsidiary of the Company effective June 15, 2026. • Aditatva is engaged in the coffee plantation business on a ~50 acre land parcel in Chikmagalur, Karnataka. • The Company intends to leverage this acquisition for expanding its leisure resorts business. • The acquisition is not a related party transaction. • Indicative time period for completion of the acquisition was expected by July 31, 2026.
Mahindra Holidays & Resorts India Limited
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