Mahindra & Mahindra announced that Mahindra Holidays & Resorts India , a listed subsidiary of the Company (MHRIL) informed that the following step-down subsidiaries of MHRIL, incorporated in Finland, have
been merged with Holiday Club Resorts Oy, Finland (HCR), a wholly owned subsidiary of MHRIL, with effect from 01 April 2022:
1. Kiinteistö Oy Rauhan Ranta 1,
2. Kiinteistö Oy Rauhan Ranta 2,
3. Kiinteistö Oy Kylpyläntorni 1,
4. Kiinteistö Oy Spa Lofts 2,
5. Kiinteistö Oy Spa Lofts 3,
6. Kiinteistö Oy Tiurunniemi,
7. Kiinteistö Oy Vanha Ykköstii,
8. Kiinteistö Oy Katinnurkka,
9. Kiinteistö Oy Tenetinlahti,
10. Kiinteistö Oy Himos Gardens,
11. Kiinteistö Oy Kuusamon Pulkkajärvi 1
12. Kiinteistö Oy Mällösniemi
Consequently, the above-mentioned companies have ceased to be subsidiaries of HCR and of MHRIL and that of the Company with effect from 1 April 2022.
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