Mahindra Holidays & Resorts India Limited — JV/Acquisition, 27-04-2026: Acquisition

Mahindra Holidays & Resorts India Limited (MHRIL) has acquired a 100% stake in Aditatva Estates Private Limited for Rs. 37.5 Cr. This strategic move aims to expand MHRIL's leisure resorts business by securing a prime ~50-acre land parcel in Chikmagalur, Karnataka. Aditatva, currently engaged in coffee plantation, will become a wholly-owned subsidiary. MHRIL plans to develop this land into a new resort, significantly enhancing its footprint and capacity in a key leisure destination. This acquisition underscores MHRIL's focus on asset-backed expansion.