Shares of Mahindra Holidays and Resorts India Ltd. are trading 3% higher on Thursday, November 20, after the company approved a major expansion into the leisure hospitality business. The decision was cleared by the Board at its meeting on November 19, 2025.

The new vertical will be housed under a wholly owned subsidiary, Mahindra Hotels and Residences India Ltd., and will operate under a new luxury brand called Mahindra Signature Resorts.

So far, the company has been focused on vacation ownership.

In its exchange filing, Mahindra Holidays said the move into leisure hospitality will broaden its portfolio, bring scale, and help it tap faster growing customer segments in India's tourism market.

To set up the new business, the company plans to invest roughly ₹1,000 crore through its subsid

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