MHRIL completes Rs 37.5 cr acquisition of Aditatva Estates
M&M · price
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Mahindra Holidays & Resorts India (MHRIL), a listed subsidiary of M&M, completed acquisition of 100% equity stake in Aditatva Estates for Rs 37.5 crore cash on 15 June 2026. Aditatva runs a coffee plantation on ~50 acres in Chikmagalur, Karnataka. MHRIL plans to develop a leisure resort on the land. Aditatva becomes a wholly owned subsidiary of MHRIL, and a step-down subsidiary of M&M. Not a related party transaction.
Small, strategic acquisition by MHRIL to expand its leisure resorts portfolio. Negligible financial impact on M&M given the deal size.