Mahindra Holidays & Resorts India has informed that at a meeting of the Investment Committee of Directors of the Board of the Company held on June 09, 2015 the said Committee approved the proposal of increase in Companys stake in Holiday Club Resorts Oy, Finland (HCR) by exercising its Call Option. In this regard, the Company has issued a Press Release titled ‘Mahindra Holidays to increase stake in Holiday Club Resorts Oy, Finland’
The above information is a part of company’s filings submitted to BSE