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08-May2018

Mahindra Holidays' arm disinvests entire stake in Are Villa 4 AB

Mahindra Holidays & Resorts India's (MHRIL) arm - Are Villa 3 AB, Sweden has disinvested its entire stake in Are Villa 4 AB, Sweden. Consequently, Are Villa 4 AB ceased to be a subsidiary of Are Villa 3 AB, and in turn of the MHRIL. Are Villa 3 AB, Sweden is a step down subsidiary of Holiday Club Resorts Oy, Finland, (HCR) and in turn a step down subsidiary of MHRIL.

Mahindra Holidays & Resorts is India's leading player in the vacation ownership industry offering quality family holidays primarily through vacation ownership memberships.


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