Mahindra & Mahindra Limited — JV/Acquisition, 16-06-2026: Acquisition

Mahindra Holidays & Resorts India (MHRIL) has completed the 100% acquisition of Aditatva Estates Private Limited for Rs. 37.5 Cr. Aditatva owns a valuable ~50-acre land parcel in Chikmagalur, Karnataka. This strategic acquisition is key for MHRIL's expansion plans, as the company intends to develop this land into a new leisure resort. The move strengthens MHRIL's asset base and enhances its presence in a prime leisure destination, directly supporting its core hospitality growth.