Acquisitions27 Apr 2026, 03:01 pm
Mahindra Holidays Acquires Aditatva Estates for ₹37.5 Crore
AI Summary
Mahindra Holidays & Resorts India Ltd has acquired 100% stake in Aditatva Estates Private Limited for ₹37.5 Crore. Aditatva is engaged in coffee plantation business on a ~50 acre land parcel located in Chikmagalur, Karnataka. The acquisition will allow Mahindra Holidays to expand its leisure resorts business, utilizing the land for development. Aditatva's turnover for the year ended 31st March 2025 was ₹81,02,600. The acquisition is expected to be completed by 31st July 2026, post which Aditatva will become a wholly owned subsidiary.
Key Highlights
- Mahindra Holidays acquires 100% stake in Aditatva Estates for ₹37.5 Crore.
- Aditatva's FY25 turnover was ₹81.03 Lakh, operating a coffee plantation in Karnataka.
- The acquisition will support Mahindra Holidays' leisure resort expansion plans.
- Transaction is expected to close by July 31, 2026, making Aditatva a subsidiary.
- The acquired land parcel will be utilized for developing a leisure resort.