Mahindra Holidays will host an analyst and institutional investor meet on Monday, September 21, 2026, from 11:00 am to 2:00 pm. The event is scheduled as a group meeting and one-on-one sessions in person.

The conference is organized by Anand Rathi Institutional Equities. Company officials will attend the session to engage with investors.

Meeting Details

The company disclosed that no unpublished price-sensitive information is proposed to be shared during the meet. This intimation is issued in compliance with Regulation 30 read with Schedule III, Part A, Para A (15) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The schedule may change due to exigencies on the part of the investor or the company. The filing was signed by Mansi Shashwat Laheri, Company Secretary, on September 16, 2026.

Mahindra Holidays & Resorts India Limited received a show cause notice demanding ₹9.78 crore from Karnataka tax authorities on September 1, 2026. The demand relates to Goods and Services Tax compliance issues for the fiscal year 2022-23.

The Assistant Commissioner of Commercial Taxes (Audit), Madikeri, issued the notice via email. It cites discrepancies in Input Tax Credit (ITC) claims and tax discharges reported under GSTR-3B, GSTR-7, and GSTR-8 forms under the Karnataka and Central GST Acts, 2017.

Breakdown of the Demand

The total demand of ₹9,78,36,455 comprises three distinct components as detailed in the regulatory filing:

The notice specifically highlights ineligible ITC availed and tax discharged on supplies. The authority has initiated this action pursuant to audit findings for the specified fiscal period.

What the Numbers Show

The structure of the demand reveals that the core tax liability constitutes approximately 64% of the total amount, while interest and penalties make up the remaining 36%. This indicates that the dispute is not merely about the principal tax amount but also involves significant time-value costs and statutory penalties associated with the alleged non-compliance during FY23.

Company Response

Mahindra Holidays disclosed the event under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company stated that the show cause notice is not expected to have any material financial impact on its operations or balance sheet.

Management confirmed it is taking necessary steps to address the matter before the appropriate authority. The disclosure was signed by Company Secretary Mansi Shashwat Laheri and filed with both the National Stock Exchange and BSE Limited on September 2, 2026.