Mahindra Holidays & Resorts India Limited has scheduled its earnings conference call for the second quarter and first half of fiscal year 2027 (Q2FY27 and H1FY27). The event is set for Wednesday, October 21, 2026, at 4:30 pm IST.

The company will discuss its financial and operational performance for the specified period. The call will be hosted from Mumbai and conducted via dial-in audio conference. Analysts and investors are invited to participate in the session.

Call Details and Access

Participants can join the conference call using the provided access numbers. Pre-registration is recommended to connect without waiting for an operator. The specific platform requirements are none, allowing access via standard telephone lines.

Dial-in Numbers

Indian Participants:

• +91 22 6280 1550
• +91 22 7115 8378

International Participants:

• Hong Kong: 800 964 448
• Singapore: 800 101 2045
• UK: 0808 101 1573
• USA: 1866 746 2133

Management Participation

Key management personnel will address the queries of analysts and investors. The following executives are scheduled to participate:

• Manoj Bhat, Managing Director & CEO
• Rajiv Vimal, CFO
• Senior Management Team

The company stated that no unpublished price sensitive information will be shared during the call. This intimation complies with Regulation 30 read with Schedule III, Part A, Para A (15) of the SEBI Listing Regulations. The schedule may undergo changes due to exigencies on the part of the company or participants.

Mahindra Holidays & Resorts India Limited received a show cause notice from the Deputy Commissioner of State Tax, Mumbai, demanding ₹36.29 crore for FY23. The demand covers tax, interest, and penalties under the Goods and Services Tax Act.

The notice was issued on September 30, 2026, at 1:28 pm. It cites issues including non-payment of GST on stay facilities, non-issuance of cross-charge invoices, and unverified classification of fixed asset disposals. Other grounds include short payment on food and travel services and ineligible input tax credit claims.

Breakdown of the Demand

The total amount demanded comprises three distinct components as detailed in the regulatory filing.

Company Response

Mahindra Holidays stated that the notice is not expected to have any material financial impact on the company. The firm is taking necessary steps before the appropriate authority to address the allegations. The disclosure was made under Regulation 30 of the SEBI Listing Regulations.

What the Numbers Show

Interest constitutes nearly 42% of the total demand (₹15.26 crore out of ₹36.29 crore), indicating that a significant portion of the liability has accrued over time rather than being solely driven by the principal tax assessment. This suggests the dispute involves transactions that have been open for several fiscal years, amplifying the cost through interest accumulation.