Mahindra Holidays & Resorts India Limited informed that Mahindra Holidays & Resorts Harihareshwar Limited has been incorporated in Mumbai, Maharashtra on August 23, 2022 as a wholly owned subsidiary of Mahindra Holidays & Resorts India Limited ("the Company"). Mahindra Holidays & Resorts Harihareshwar Limited has been incorporated as a Special Purpose Vehicle company for upgradation, operation and maintenance of the Maharashtra Tourism Development Corporation (MTDC) Resort at Harihareshwar under Public Private Partnership ("PPP") model.