Praveg Ltd Announces Strategic Inventory Agreement with Mahindra Holidays & Resorts India Limited for Praveg Atoll, Lakshadweep

Praveg Limited has executed a strategic inventory agreement with Mahindra Holidays & Resorts India Limited (MHRIL) for its upcoming premium island hospitality project, Praveg Atoll, Lakshadweep - Thinnakkara. The agreement is for a period of three (3) years and represents a significant step in Praveg’s expansion into India’s exclusive island tourism segment. Under the terms of the agreement, MHRIL will secure an inventory of 25 rooms on a floating basis at Praveg Atoll, Lakshadweep - Thinnakkara. This collaboration combines Praveg’s expertise in eco-responsible luxury hospitality with MHRIL’s strong brand presence and extensive holiday member base, with the shared objective of offering curated, high-quality Island experiences in one of India’s most pristine destinations.