Mahindra Holidays & Resort has subscribed to 6.67% of the equity share capital of Rocksport for a cash consideration of Rs 3.05 crore. The investment in Rocksport will increase customer engagement avenues for the Company, whereby the Company and Rocksport can engage in multiple formats for its members – especially within resorts of the Company. Further, there will be cross selling of products by both parties for their growth and benefits.
Mahindra Holidays & Resorts India (MHRIL), a part of Leisure and Hospitality sector of the Mahindra Group, offers quality family holidays primarily through vacation ownership memberships and brings to the industry values such as reliability, trust and customer satisfaction.
