Mahindra Holidays Acquires Aditatva Estates for ₹37.5 Crore

MHRIL completed the acquisition of 100% equity stake in Aditatva Estates Private Limited on 15th June 2026 for an aggregate consideration of ₹37.5 crore.
The transaction was executed pursuant to a Share Purchase Agreement dated 27th April 2026, with closing subject to fulfillment of conditions precedent which were completed by 15th June 2026.
Consequently, Aditatva has become a wholly-owned subsidiary of MHRIL and a stepdown subsidiary of Mahindra & Mahindra Limited effective 15th June 2026.

Name: Aditatva Estates Private Limited
Business: Engaged in coffee plantation business on approximately 50 acres of land located in Chikmagalur, Karnataka
Financials: Turnover of ₹81,02,600 for the year ended 31st March 2025; Previous year turnovers: FY2023: ₹37,09,649, FY2024: ₹80,61,845
Incorporation: 30th November 2021
Country of Presence: India

MHRIL intends to leverage this acquisition to expand its leisure resorts business by developing a leisure resort on the acquired land parcel.
The acquisition is not a related party transaction, and no promoter/promoter group/group companies have any interest in Aditatva.
No governmental or regulatory approvals were required for this acquisition.

Board Approval: 27th April 2026 (MHRIL Board meeting)
SPA Execution: 27th April 2026
Expected Completion: Originally expected by 31st July 2026
Actual Completion: 15th June 2026
Intimation Received by M&M: 16th June 2026 at 01:53 p.m.
Share Credit Confirmation: Received by MHRIL on 16th June 2026 at 11:55 a.m. IST

Consideration Type: Cash consideration
Acquisition Cost: ₹37.5 crore
Shareholding Acquired: 100% equity stake
Post-acquisition Structure: Aditatva becomes wholly-owned subsidiary of MHRIL

#Tags: #MahindraHolidays #AditatvaEstates #M&A #SEBIDisclosure #RegulatoryCompliance #Neutral