Acquisitions16 Jun 2026, 02:57 pm
MHRIL Completes ₹37.5 Cr Acquisition of Aditatva Estates
AI Summary
Mahindra Holidays & Resorts India Limited (MHRIL), a subsidiary of Mahindra & Mahindra Ltd, has successfully completed the acquisition of 100% equity stake in Aditatva Estates Private Limited for ₹37.5 crore. This acquisition, effective June 15, 2026, makes Aditatva a wholly-owned subsidiary of MHRIL and a step-down subsidiary of Mahindra & Mahindra. Aditatva is involved in the coffee plantation business on a 50-acre land parcel in Chikmagalur, Karnataka. MHRIL plans to utilize this acquisition to expand its leisure resorts business.
Key Highlights
- MHRIL acquired 100% stake in Aditatva Estates for ₹37.5 crore.
- Aditatva Estates becomes a wholly-owned subsidiary of MHRIL.
- Acquisition aims to expand Mahindra's leisure resorts business.
- Aditatva operates a coffee plantation in Chikmagalur, Karnataka.
Price Impact
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