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Mahindra Holidays hikes stake in Holiday Club Resorts

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.

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