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Mahindra Holidays hikes stake in Holiday Club Resorts

15 Nov 2018 Evaluate

Mahindra Holidays & Resorts India through Covington S.a.r.I, Luxembourg (Covington), its step-down subsidiary, has increased its stake in Holiday Club Resorts Oy, Finland (HCR) by subscribing to 2 lakh shares issued and offered in the share capital of HCR. Consequently, its stake in HCR has increased from 96.29% to 96.47%.

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 713.00
ITC Hotels 153.40
Mahindra Holi.&Resor 193.55
EIH 292.30
Chalet Hotels 843.90
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