Mahindra Holidays & Resorts India Limited has informed the Exchange regarding a press release dated February 19, 2026, titled "Club Mahindra expands portfolio by launching second resort in Jim Corbett.".
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Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India Limited, is expanding its resort portfolio by adding a second property in Jim Corbett, a popular wildlife and leisure destination in Uttarakhand. The announcement is based on a company press release dated February 19, 2026. The move signals continued investment in growing the company's hospitality footprint beyond existing locations. No specific financial details such as investment size, room count, or revenue projections were shared in this filing.
This is a positive growth signal for shareholders, as adding a second resort in a high-demand tourist location like Jim Corbett can help attract more members, improve occupancy, and support future revenue growth for the company's timeshare and hospitality business.