Mahindra Holidays & Resorts India has sold entire stake consisting of 5,738 equity shares (10.76% stake) in Nreach Online Services (Nreach), for a consideration of Rs 29.31 crore. Earlier, the company had entered into an agreement for sale of shares on February 17, 2022.
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.
