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Mahindra Holidays soars on getting nod for Scheme of Amalgamation

24 Jun 2014 Evaluate

Mahindra Holidays & Resorts India is currently trading at Rs. 308.00, up by 10.15 points or 3.41% from its previous closing of Rs. 297.85 on the BSE.

The scrip opened at Rs. 301.00 and has touched a high and low of Rs. 312.00 and Rs. 299.50 respectively. So far 35900 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 326.50 on 11-Jun-2014 and a 52 week low of Rs. 206.00 on 10-Sep-2013.

Last one week high and low of the scrip stood at Rs. 312.00 and Rs. 293.00 respectively. The current market cap of the company is Rs. 2731.79 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 13.71% and 11.29% respectively.

Mahindra Holidays & Resorts India has received approval from High Court of Bombay at Goa and High Court of Madras for the Scheme of Amalgamation and Arrangement of Bell Tower Resorts with the Company. The company has received approval on May 02, 2014 and June 23, 2014 respectively. The certified / authenticated copies of the order are awaited. Further, the Scheme will become effective once the copies of the Court order are filed with the Registrar of Companies, Goa and Registrar of Companies, Chennai respectively.

Mahindra Holidays & Resorts India Limited (MHRIL), India’s leading player in the vacation ownership industry offers quality family holidays primarily through vacation ownership memberships. While Club Mahindra is the flagship brand, the other brands offered by the company include Club Mahindra Fundays and Club Mahindra Travel.

Mahindra Holi.&Resor Share Price

239.45 -2.85 (-1.18%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
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Mahindra Holi.&Resor 239.45
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