Mahindra Holidays to Acquire 100% Stake in Coffee Plantation Business
Mahindra Holidays & Resorts India Limited (MHRIL) has announced the approval of the acquisition of a 100% stake in Aditatva Estates Private Limited. The company, which is engaged in the coffee plantation business, plans to utilize this acquisition to expand its leisure resorts portfolio.MHRIL executed a Share Purchase Agreement for the acquisition of the entire stake in Aditatva Estates Private Limited. Following the successful completion of the transaction, Aditatva will become a wholly owned subsidiary of Mahindra Holidays & Resorts India Limited.
Aditatva Estates Private Limited operates on a approximately 50 acre land parcel located in Chikmagalur, Karnataka. The strategic objective behind the acquisition is to incorporate the assets, including the land parcel, into MHRIL's expanding leisure resort development plans.
Key Transaction and Operational Details
The acquisition of Aditatva Estates Private Limited involves a cash consideration of Rs. 37.5 Crore, granting MHRIL a 100% equity stake in the target entity. The transaction is expected to be completed by 31st July 2026, pending the satisfaction of conditions precedent outlined in the Share Purchase Agreement.The following table summarizes the material details of the acquisition:
| Detail | Information |
|---|---|
| Target Entity | Aditatva Estates Private Limited |
| Target Business | Coffee plantation on approximately 50 acres in Chikmagalur, Karnataka |
| Transaction Type | Acquisition of 100% equity stake |
| Consideration | Cash Consideration of Rs. 37.5 Crore |
| Expected Completion | By 31st July 2026 |
| Post-Acquisition Status | Wholly owned subsidiary of MHRIL |
Aditatva Estates Private Limited Profile
Aditatva Estates Private Limited, incorporated on November 30, 2021, operates within the agriculture sector. The company's presence is in India.The historical turnover details for Aditatva Estates Private Limited are as follows:
| Financial Year | Turnover |
|---|---|
| FY 2023 | Rs. 37,09,649 |
| FY 2024 | Rs. 80,61,845 |
| FY 2025 | Rs. 81,02,600 |
MHRIL Stock Price Movement
As of 3:08 PM, shares of Mahindra Holidays & Resorts India Limited are shedding 0.27% in live trading, currently trading at ₹258.02. The stock has seen 244,042 shares traded today, navigating an intraday range between ₹255.1 and ₹267.75.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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