Strategic acquisition to expand resort portfolio
Mahindra Holidays & Resorts India Ltd has announced plans to acquire a 100 per cent stake in Aditatva Estates Pvt Ltd for ₹37.5 crore, as part of its strategy to expand its leisure resorts business.
Asset acquisition in key leisure destination
The acquisition will give Mahindra Holidays ownership of a 50-acre coffee plantation located in Chikmagalur, a prominent hill destination known for its scenic landscapes and growing tourism appeal.
Timeline and transaction details
The company has executed a share purchase agreement for the acquisition, which is expected to be completed by July 31, 2026. Post-acquisition, Aditatva Estates will become a wholly owned subsidiary of Mahindra Holidays.
Planned resort development
The acquired land parcel is proposed to be developed into a new leisure resort, aligning with the company’s focus on strengthening its footprint in experiential travel destinations and expanding its inventory of managed holiday properties.
Focus on experiential travel growth
The move reflects Mahindra Holidays’ continued push into high-potential leisure markets, leveraging unique land assets to create destination-led hospitality offerings in line with evolving consumer preferences for nature-driven and experience-based stays.
