Mahindra Holidays Completes Acquisition of Aditatva Estates, Securing Coffee Plantation Land for Resort Expansion
Mahindra Holidays & Resorts India Limited has completed the acquisition of a majority stake in Aditatva Estates Private Limited, making the entity a wholly owned subsidiary of the company. The transaction was finalized on June 15, 2026.The Company acquired a 100% equity stake in Aditatva for an aggregate consideration of Rs. 37.5 Crores. With this acquisition, Mahindra Holidays & Resorts India Limited now controls Aditatva Estates Private Limited, effective from the completion date.
Aditatva is primarily engaged in the coffee plantation business and operates on a land parcel spanning approximately 50 acres located in Chikmagalur, Karnataka.
The strategic move by Mahindra Holidays is aimed at expanding its leisure resorts business. The company plans to utilize the acquired land parcel for the development of a resort facility.
Details regarding Aditatva Estates Private Limited include:
- Industry: Agriculture
- Location: Chikmagalur, Karnataka
- Asset: Coffee plantation on approximately 50 acres
- FY 2025 Turnover: Rs. 81,02,600
The acquisition followed a Share Purchase Agreement executed by the company, with the objective of leveraging Aditatva’s assets to bolster MHRIL’s leisure offerings.
MHRIL Stock Price Movement
As of 1:15 PM, shares of Mahindra Holidays & Resorts India Limited are shedding value in live trading, currently dropping 0.61% and trading at ₹231.39. The stock has seen a total traded volume of 81,865 shares so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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