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.
