Mahindra Holidays & Resorts’ step down subsidiary -- Holiday Club Sweden AB has acquired 100% stake in Visionsbolaget 12191 AB, Sweden and so, Visionsbolaget 12191 AB has become a step-down subsidiary of the company. Further, Visionsbolaget 12191 AB has acquired 100% stake in Visionsbolaget 12192 AB and accordingly, Visionsbolaget 12192 AB, Sweden has also become a step-down subsidiary of the company.
Mahindra Holidays & Resorts is India’s leading player in the vacation ownership industry offering quality family holidays primarily through vacation ownership memberships.