Mahindra Holidays & Resorts India Limited
Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of the Leisure and Hospitality sector of the Mahindra Group offers family holidays primarily through vacation ownership memberships. Started in 1996, the company's flagship brand ‘Club Mahindra’ has over 250,000 members.The Company is the largest Vacation Ownership companyoutside the US and is 6th largest globally
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MHRIL's Board appointed Ashley Thomas as Internal Auditor. He brings 15 years of Mahindra Group experience, including leadership in audit and AI integration. His tenure is set until the Q4 FY27 Board Meeting, enhancing governance oversight.
Mahindra Holidays & Resorts' Internal Auditor, Mr. K. N. Vaidyanathan, has ceased his role. This follows the conclusion of his term as Group Chief Internal Auditor for the Holding Company, Mahindra and Mahindra Limited.
MHRIL's Board has approved amendments to its Code of Practices for Fair Disclosure of Unpublished Price Sensitive Information, aligning it with current market transparency guidelines. This update, following a review by the Audit Committee, strengthens the company's framework for handling sensitive data, benefiting investor fairness.
Mahindra Holidays has approved a new 'Leisure Hospitality' business via its subsidiary, 'Mahindra Signature Resorts'. This aims to diversify and attract new customers, with an initial investment of Rs. 1000 Cr. The goal is to scale the new brand to 2,000 keys by FY30.
Mahindra Holidays & Resorts announced a leadership transition: Mr. Dhanraj Mulki has retired as Company Secretary & Compliance Officer. Ms. Mansi Laheri will assume the role, ensuring continuity in key governance.