Mahindra holidays & Resorts India Ltd received formal disclosure from HDFC Mutual Fund regarding a significant reduction in shareholding under SEBI's substantial acquisition regulations. The fund house communicated the change through its asset management company to the resort operator's compliance officer on January 27, 2026.

Shareholding Reduction Details

HDFC Mutual Fund's aggregate holding in Mahindra Holidays & Resorts decreased substantially from the previously reported levels. The fund house had earlier disclosed a 5.13% stake as of May 23, 2025, which has now been reduced to 3.05% as of January 22, 2026.

Transaction Mechanism

The shareholding reduction was executed through open market transactions, as disclosed in the regulatory filing. HDFC Asset Management Company Limited, acting as the investment manager for HDFC Mutual Fund schemes, conducted the share disposal on behalf of multiple fund schemes.

The affected schemes include:

• HDFC Dividend Yield Fund
• HDFC Hybrid Equity Fund
• HDFC Retirement Savings Fund - Equity Plan
• HDFC Retirement Savings Fund - Hybrid-Equity Plan

Company Capital Structure

Mahindra Holidays & Resorts India Ltd's equity structure remained unchanged during this transaction period. The company's paid-up equity share capital stands at Rs. 2,02,03,93,210, comprising 20,20,39,321 equity shares of Rs. 10 each.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. HDFC Asset Management Company Limited confirmed that the fund house does not belong to the promoter or promoter group of Mahindra Holidays & Resorts.

Dinesh Bhakade, Deputy Vice President - Compliance at HDFC Asset Management Company Limited, signed the formal disclosure document. The communication was simultaneously sent to the listing departments of both BSE Limited and National Stock Exchange of India Limited, ensuring full regulatory compliance and market transparency.

Mahindra holidays & Resorts India Limited has received an Environmental, Social and Governance (ESG) score of 74.7 from SES ESG Research Private Limited, a SEBI-registered Category II ESG rating provider. The company disclosed this development through a regulatory filing dated January 19, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

ESG Rating Details

The ESG assessment was conducted independently by SES ESG Research Private Limited without any engagement from Mahindra Holidays. The rating provider prepared the report based on publicly available data pertaining to FY 2024-25 of the company. This independent evaluation reflects the company's performance across environmental, social, and governance parameters.

Regulatory Compliance

The disclosure was made in accordance with multiple regulatory requirements. The company cited compliance with Regulation 30 read with Part A, Para A (3) of Schedule III of SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Additionally, the intimation has been hosted on the company's website as required under Regulation 46 (2) of SEBI Listing Regulations.

Public Accessibility

The complete ESG rating report published by SES ESG is available for public viewing on the rating provider's website. Investors and stakeholders can access detailed information about the assessment methodology and findings through the published report. The company has also made the regulatory intimation available on its investor relations section for transparency and easy access by stakeholders.

This ESG rating disclosure represents part of the growing emphasis on sustainability reporting and environmental, social, and governance factors in corporate evaluation. The independent nature of the assessment provides an objective view of the company's ESG performance based on publicly available information.