Mahindra Holidays & Resorts India Limited has informed the Exchange regarding a press release dated March 20, 2026, titled "Club Mahindra Adds 159 Keys with New Resorts in Amba Ghat andBandhavgarh".
MHRIL · price
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Mahindra Holidays & Resorts India Limited (MHRIL) has launched two new resorts under its Club Mahindra brand: Club Mahindra Amba Ghat in Maharashtra (96 keys) and Club Mahindra Bandhavgarh in Madhya Pradesh (63 keys), adding a total of 159 rooms to its portfolio. The Amba Ghat resort will feature river-facing apartments along the Kadvi River in the Sahyadri ranges, while the Bandhavgarh resort near Bandhavgarh National Park will offer a wilderness stay experience. The expansion supports MHRIL's FY26 target of adding 1,000 new rooms and its longer-term goal of scaling the portfolio to 12,000 keys by FY30. The company continues to follow a capital-efficient, asset-light expansion model through greenfield projects, management contracts, and other flexible arrangements.
This is a positive capacity-expansion announcement that strengthens MHRIL's footprint in Western and Central India and reinforces its growth trajectory, which could support future revenue and membership growth, though near-term financial impact depends on occupancy and member uptake at the new properties.