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OFFON
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  4. Bombay Stock Exchange
  5. Mahindra Holidays & Resorts India Ltd
  6. Company
    533088   INE998I01010

MAHINDRA HOLIDAYS & RESORTS INDIA LTD

(533088)
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Business Summary
Mahindra Holidays & Resorts India Limited operates in leisure hospitality industry. The Company is engaged in the business of sale of Vacation Ownership and other related services in India. The Company's principal activities include income from sale of vacation ownership (VO); annual subscription fee from VO members, and income from sale of food and beverages. It offers vacation ownership products that provide holiday entitlements to its members over the life of the product. Apart from providing rooms in the form of furnished apartments and cottages at resorts, the Company offers its members various amenities, including dining, holiday activities, spa and wellness facilities. Club Mahindra is the Company's product in the vacation ownership business, which entitles its members a week's holiday every year for a period of 10 or 25 years depending upon the membership. The Company offers Heart-to-Heart, a member engagement initiative in their hometowns.

Number of employees : 5 470 people.
Sales per Business
20202021Delta
Holiday Club Resorts OY13 816.3058.3%9 307.9656.3% -32.63%
Mahindra Holidays & Resorts India Limited10 475.3044.2%9 123.6055.2% -12.9%
Unallocated19.890.1%41.080.2% +106.56%
INR in Million
Sales per region
20202021Delta
India23 718.70100%18 472.60111.8% -22.12%
INR in Million
Managers
Name Title Age Since
Kavinder Singh Chief Executive Officer, MD & Director 55 2014
Sujit Vijay Vaidya Chief Financial Officer 53 2021
Satyendra K. Dwivedi Chief Technology Officer - -
Vivek Khanna Chief Operating Officer - 2019
Dhanraj Mulki Secretary, Compliance Officer & General Counsel 53 2018
Rohit Khattar Independent Non-Executive Director 57 2004
Sridar Arvamudhan Iyengar Independent Non-Executive Director 72 2008
Sanjeev Aga Independent Non-Executive Director 69 2013
Sangeeta Talwar Independent Non-Executive Director 65 2020
Diwakar Gupta Independent Non-Executive Director 67 2020
Members of the board
Name Title Age Since
Arun Kumar Nanda Non-Executive Chairman 72 2011
Rohit Khattar Independent Non-Executive Director 57 2004
Sridar Arvamudhan Iyengar Independent Non-Executive Director 72 2008
Sanjeev Aga Independent Non-Executive Director 69 2013
Kavinder Singh Chief Executive Officer, MD & Director 55 2014
Sangeeta Talwar Independent Non-Executive Director 65 2020
Diwakar Gupta Independent Non-Executive Director 67 2020
Anish Shah Non-Independent Non-Executive Director 50 2020
Ruzbeh Irani Non-Independent Non-Executive Director 56 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 200,540,676 61,811,127 30.8% 853,185 0.4% 30.8%
Shareholders
NameEquities%
Mahindra & Mahindra Limited 134,835,922 67.3%
HDFC Asset Management Co. Ltd. (Invt Mgmt) 17,645,685 8.80%
Norges Bank Investment Management 5,250,000 2.62%
PPFAS Asset Management Private Ltd. 4,823,858 2.41%
Sundaram Asset Management Co. Ltd. 4,226,103 2.11%
Vijay Kishanlal Kedia 2,040,000 1.02%
Arun Kumar Nanda 1,900,418 0.95%
BNP Paribas Asset Management Asia Ltd. 1,344,514 0.67%
Dimensional Fund Advisors LP 943,923 0.47%
HDFC Life Insurance Co. Ltd. (Investment Portfolio) 582,147 0.29%
Company contact information
Mahindra Holidays & Resorts India Ltd.
Mahindra Towers
'A' Wing, Dr. G.M. Bhosle Marg
P.K. Kurne Chowk, Worli, 1st floor
Mumbai, Maharashtra 400018

Phone : +91.22.33684722
Fax : +91.22.33684721
Web : http://www.clubmahindra.com
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