Mahindra Holidays & Resorts India Limited has announced the launch of two new resort properties - Club Mahindra Amba Ghat in Maharashtra and Club Mahindra Bandhavgarh in Madhya Pradesh, adding 159 keys to its growing portfolio. This strategic expansion strengthens the company's presence across Western and Central India while supporting its goal of adding 1,000 new rooms in the current financial year.

Resort Portfolio Expansion

The hospitality company has introduced these properties as part of its broader strategy to scale the portfolio to 12,000 keys by FY30. The expansion reflects Club Mahindra's focus on pioneering new destinations by bringing lesser-known locations onto the travel map for Indian holidaymakers.

Property Features and Locations

Club Mahindra Amba Ghat, comprising 96 keys, will feature river-facing apartments with the Kadvi River flowing through the property. Located in a scenic mountain pass along the Kolhapur-Ratnagiri route in Maharashtra's Sahyadri ranges, the resort offers guests a tranquil retreat amid the lush Sahyadri landscape.

Club Mahindra Bandhavgarh, with 63 keys, will provide an immersive wilderness stay experience with expansive verandas, outdoor decks, and uninterrupted forest views. Situated in the Vindhya Hills of Madhya Pradesh near the globally renowned Bandhavgarh National Park, the resort is designed to bring guests closer to the surrounding natural environment.

Strategic Growth Initiative

According to Manoj Bhat, Managing Director & Chief Executive Officer, the destinations reflect the growing preference for immersive, nature-led experiences among today's travellers. The company has adopted a capital-efficient, asset-light approach to expand its portfolio through a mix of greenfield developments, management contracts, and other flexible operating models.

These launches align with the company's expansion strategy supported by strong and sustained demand for leisure travel. The additions complement recent launches including Club Mahindra Nadiya Parao in Uttarakhand and a new property signing in Dapoli, Maharashtra, as the company works towards its FY26 goal of 1,000 new rooms.

3P Investment Managers Private Limited has disclosed crossing the 5% shareholding threshold in Mahindra Holidays and Resorts India Limited, triggering mandatory disclosure requirements under SEBI regulations. The investment manager, representing 3P India Equity Fund and its associated schemes, acquired additional shares through open market transactions.

Acquisition Details

The fund acquired 2,00,000 equity shares of Mahindra Holidays and Resorts India Limited on March 06, 2026, through open market purchases. This acquisition represents 0.10% of the company's total share capital and pushed the fund's total holding above the regulatory threshold of 5%.

Fund Structure and Compliance

3P India Equity Fund operates as a Category III Alternative Investment Fund registered with SEBI under registration number IN/AIF3/22-23/1221. The fund manages three schemes: 3P India Equity Fund 1, 3P India Equity Fund 1M, and 3P India Equity Fund 2M, with 3P Investment Managers Private Limited serving as the investment manager.

The disclosure was made under Regulation 29(1) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, which requires mandatory disclosure when an acquirer's shareholding reaches or exceeds 5% of a target company's shares.

Company Capital Structure

Mahindra Holidays and Resorts India Limited's equity share capital remains unchanged at Rs. 2,02,03,93,210, comprising 20,20,39,321 equity shares of Rs. 10 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Investment Approach

The acquisition aligns with 3P Investment Managers' stated investment philosophy, which emphasizes prudent portfolio creation of sustainable and reasonably valued businesses, patience with long-term investment horizons, and performance-driven outcomes. The fund maintains that it does not belong to the promoter or promoter group of Mahindra Holidays and Resorts India Limited.

The contact person for any clarifications regarding this disclosure is Mr. Sharad Mohnot, Chief Compliance Officer, who can be reached at +91 2269544402 or sharadm@3pim.in .