MHRIL acquires Aditatva Estates for ₹37.5 crore
Mahindra Holidays & Resorts India Limited acquired 100% of Aditatva Estates Private Limited for ₹37.5 crore on June 15, 2026, to expand its leisure resorts business. The acquisition involves a 50-acre coffee plantation in Chikmagalur, Karnataka, making Aditatva a wholly owned subsidiary of MHRIL.

*this image is generated using AI for illustrative purposes only.
Mahindra Holidays & Resorts India Limited has completed the acquisition of a 100% equity stake in Aditatva Estates Private Limited for ₹37.5 crore, strengthening its leisure resorts portfolio. The transaction, which closed on June 15, 2026, makes Aditatva a wholly owned subsidiary of Mahindra Holidays & Resorts India Limited and a step-down subsidiary of Mahindra & Mahindra . The acquisition was funded through cash consideration.
Aditatva Estates is engaged in the coffee plantation business on a 50-acre land parcel located in Chikmagalur, Karnataka. Mahindra Holidays & Resorts India Limited intends to leverage this acquisition to expand its leisure resorts business by utilizing the land for resort development. The target entity reported a turnover of ₹81,02,600 for the financial year ended March 31, 2025.
The Board of Directors of Mahindra Holidays & Resorts India Limited had approved the acquisition on April 27, 2026, following the execution of a Share Purchase Agreement. The completion of the transaction was subject to the fulfillment of conditions precedent as prescribed in the agreement. The acquisition is not a related party transaction, and no promoter or group companies hold any interest in Aditatva.
Financial Details of Aditatva Estates
| Particulars | Details |
|---|---|
| Cost of Acquisition | ₹37.5 crore |
| Consideration Type | Cash |
| Stake Acquired | 100% |
| Land Parcel Size | ~50 acre |
| Location | Chikmagalur, Karnataka |
| Turnover (FY25) | ₹81,02,600 |
Historical Turnover
| Financial Year | Turnover (₹) |
|---|---|
| FY 2023 | 37,09,649 |
| FY 2024 | 80,61,845 |
| FY 2025 | 81,02,600 |
The intimation regarding the completion of the acquisition was submitted to the stock exchanges on June 16, 2026. The details of the transaction are in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Mahindra & Mahindra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.97% | +2.46% | -0.29% | -14.27% | +1.11% | +293.42% |
What is the projected timeline and capital expenditure required to develop the Chikmagalur land parcel into a operational leisure resort?
How does the acquisition price of ₹37.5 crore compare to the valuation of similar land parcels in the Chikmagalur region?
Will Mahindra Holidays pursue further acquisitions in other coffee plantation hubs to diversify its eco-tourism portfolio?

































