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Mahindra Holidays & Resorts India informs about company updates

02 Apr 2016 Evaluate

Mahindra Holidays & Resorts India has informed that Holiday Club Resorts Oy, Finland, step-down subsidiary of the Company, has disinvested its entire stake in three subsidiaries namely, Kiinteisto Oy Jalomella, Kiinteisto Oy Outapalas and Kiinteisto Oy Ulkuvuoma, Finland with effect from March 31, 2016 and consequently, all the three companies ceased to be subsidiaries of Holiday Club Resorts Oy, Finland and in turn of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
The Indian Hotels Co 730.45
ITC Hotels 159.30
Mahindra Holi.&Resor 195.00
EIH 296.60
Chalet Hotels 846.85
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