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Mahindra Holidays increases stake in Holiday Club Resorts

11 Apr 2017 Evaluate

Mahindra Holidays & Resorts India, through its step down subsidiary -- Covington S.a.r.l, Luxembourg (Covington) -- has increased its stake in Holiday Club Resorts Oy, Finland (HCR) by acquiring additional 3.22% stake in the share capital of HCR. Consequently, the company's stake in HCR has gone up to 95.16% from 91.94%.

Mahindra Holidays & Resorts is India’s leading player in the vacation ownership industry offering quality family holidays primarily through vacation ownership memberships.

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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