NSEGeneral Updates26 Jun 2026 · 26 Jun 2026, 04:53 pm
General Updates
Mahindra Holidays & Resorts India Limited · MHRIL
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Mahindra Holidays & Resorts India Limited has released its Business Responsibility and Sustainability Report for FY 2025-26, as required by SEBI regulations.
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Mahindra Holidays & Resorts India Limited has informed the Exchange about Business Responsibility and Sustainability Report ( BRSR ) of the Company for the financial year 2025-2026.
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26th June 2026
MHRIL/SE/26-27/23
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot No. C/1, G Block, Floor 25, PJ Towers,
Bandra-Kurla Complex Bandra (E), Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Symbol: MHRIL Scrip Code: 533088
Dear Sir/Madam,
Sub: Business Responsibility and Sustainability Report for FY 2025-26 pursuant to Regulation
34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“Listing Regulations”)
In compliance with Regulation 34(2)(f) of the Listing Regulations, please find enclosed the Business
Responsibility and Sustainability Report which forms part of the Integrated Annual Report of the
Company for FY 2025-26.
This intimation is also being uploaded on the Company’s website at:
https://www.clubmahindra.com/investors/stock-exchange-filing/investor-news
Thanking you,
For Mahindra Holidays & Resorts India Limited
Mansi Laheri
Company Secretary
Membership No: A21561
Encl.: a/a
BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT
Section A: General Disclosures
I. Details of the Listed Entity:
1. Corporate Identity Number (CIN) of the listed entity L55101MH1996PLC405715
2. Name of the Listed Entity Mahindra Holidays & Resorts India Limited (“MHRIL”)
3. Year of Incorporation 1996
4. Registered Office Address Mahindra Towers, 1st floor, A Wing, Dr. G.M. Bhosale Marg, P.K.
Kurne Chowk, Worli, Mumbai, Maharashtra, India, 400018.
5. Corporate Office Address Mahindra Towers, 1st floor, A Wing, Dr. G.M. Bhosale Marg, P.K.
Kurne Chowk, Worli, Mumbai, Maharashtra, India, 400018.
6. E-mail investors@mahindraholidays.com
7. Telephone +91 22 6918 4722
8. Website www.clubmahindra.com
9. Financial year for which reporting is being done 01-04-2025 to 31-03-2026
10. N ame of the Stock Exchange(s) where shares are Your Company’s Ordinary (Equity) Shares are listed on BSE
listed Limited (“BSE”) and National Stock Exchange of India Limited
(“NSE”).
11. Paid-up Capital ` 2,02,04,34,020
12. N ame and contact details (telephone, email
address) of the person who may be contacted in Name of the contact Ms. Bindu Jacob Mathew
person Corporate Manager Sustainability &
case of any queries on the BRSR report
Compliance
Contact number of +91 22 6918 4722
the contact person
Email of the contact bindu.mathew110@
person mahindraholidays.com
13. R eporting boundary - Are the disclosures under The reporting boundary is restricted to Indian owned and
this report made on a standalone basis (i.e. only for managed resorts under MHRIL and two operational subsidiaries,
the entity) or on a consolidated basis (i.e. for the i.e., Gables Promoters Private Limited and Mahindra Hotels and
entity and all the entities which form a part of its Residences India Limited.
consolidated financial statements, taken together).
14. Name of assessment and assurance provider DNV Business Assurance India Private Limited
15. Type of assessment or assurance obtained Limited Assurance obtained on the BRSR Core
II. Products/Services:
16. Details of business activities (accounting for 90% of the turnover):
Description of main activity Description of business activity % of Turnover of the entity
Vacation Ownership (“VO”) Vacation Ownership and 100%
Accommodation related services
230 Mahindra Holidays & Resorts India Limited
Corporate Overview Statutory Reports Financial Statements
17. P roducts/Services sold by the entity (accounting for 90% of the entity’s Turnover):
% of total Turnover
Product/Service NIC Code
contributed
Vacation Ownership and Accommodation 55101 100%
related services
III. Operations:
18. N umber of locations where operations/offices of the entity are situated:
Number of Number of
Location Total
Resorts offices
National 58 36 94
International# - - -
# Basis the reporting boundary only Indian owned and managed resorts are considered.
19. Markets served by the entity:
a. Number of locations
Location Number
National (No. of States) 13
Union Territory 1
International (No. of Countries) -
Location Number
National (No. of States) MHRIL has resorts in the following 13 States and 1 Union Territory:
Andhra Pradesh, Goa, Gujarat, Himachal Pradesh, Karnataka, Kerala,
Madhya Pradesh, Maharashtra, Puducherry, Rajasthan, Sikkim, Tamil Nadu,
Uttar Pradesh and Uttarakhand.
International (No. of Countries) -
b. What is the contribution of exports as a percentage of the total turnover of the entity?
Not applicable.
c. A brief on types of customers.
M HRIL is India’s largest vacation ownership company, leading the market with over 3 lakhs members.
Our primary customer base comprises of members to whom we provide family vacations. As a provider
of vacation ownership and hospitality services, MHRIL encourages its members and guests to explore
diverse family vacation experiences, including beaches, heritage sites, hills, wildlife and backwaters.
Integrated Annual Report 2025-26 231
BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT
IV. Employees:
20. Details as at the end of Financial Year
a. Employees and workers (including differently abled):
Male Female
Particulars Total (A)
No. (B) % (B/A) No. (C) % (C/A)
EMPLOYEES
Permanent (D) 5,684 4,528 79.7 1,156 20.3
Other than Permanent (E) 1,908 1,455 76.3 453 23.7
Total employees (D+E) 7,592 5,983 78.8 1,609 21.2
WORKERS
Permanent (F) 0 0 0 0 0
Other than Permanent (G) 0 0 0 0 0
Total workers (F+G) 0 0 0 0 0
b. Differently abled Employees and workers:
Total (A) Male
Particulars Total (A)
No. (B) % (B/A) No. (C) % (C/A)
DIFFERENTLY ABLED EMPLOYEES
Permanent (D) 70 63 90.0 7 10.0
Other than Permanent (E) 3 3 100 0 0
Total employees (D+E) 73 66 90.4 7 9.6
DIFFERENTLY ABLED WORKERS
Permanent (F) NA NA NA NA NA
Other than Permanent (G) NA NA NA NA NA
Total workers (F+G) NA NA NA NA NA
21. Participation/Inclusion/Representation of women:
No. and percentage of Females
Total (A) No. of Female % (B/A) of
(B) Females
Board of Directors 7 1 14.29
Key Management Personnel 3 1 33.33
Note: Managing Director & CEO is considered under both the categories i.e. ‘Board of Directors’ and ‘Key Management Personnel’
232 Mahindra Holidays & Resorts India Limited
Corporate Overview Statutory Reports Financial Statements
22. Turnover rate for permanent employees and workers:
(Disclose trends for the past 3 years)
FY 2023-2024
FY 2025-2026 FY 2024-2025
(Turnover rate in year
(Turnover rate in current FY) (Turnover rate in previous FY)
prior to previous FY)
Male Female Total Male Female Total Male Female Total
Permanent Employees 58% 67% 60% 59% 65% 60% 49% 67% 52%
Permanent Workers NA NA NA NA NA NA NA NA NA
V. Holding, Subsidiary & Associate Companies (including joint ventures):
23. (a) Names of holding/subsidiary/associate companies/joint ventures
Indicate whether Does the entity indicated
holding/ % of shares at column A, participate
Name of the holding/subsidiary/associate companies/joint
Subsidiary/ held by listed in the Business
ventures (A)
Associate/Joint entity Responsibility initiatives
Venture of the listed entity?
Mahindra & Mahindra Limited Holding 66.74 No
Gables Promoters Private Limited Subsidiary 100 Yes
Mahindra Hotels and Residences India Limited Subsidiary 100 Yes
Mahindra Holidays & Resorts Harihareshwar Limited Subsidiary 100 No
Guestline Hospitality Management and Developement Subsidiary 99.46 No
Services Limited
Heritage Bird (M) SDN. BHD. Subsidiary 100 No
MH Boutique Hospitality Limited Subsidiary 49 No
Infinity Hospitality Group Company Limited Subsidiary 73.99 No
MHR Holdings (Mauritius) Ltd Subsidiary 100 No
Covington S.à.r.l Subsidiary 100 No
Holiday Club Resorts Oy Subsidiary 100 No
Kiinteistö Oy Rauhan Liikekiinteistöt 1 Subsidiary 100 No
Ownership Service Sweden Ab Subsidiary 100 No
Åre Villa 3 AB Subsidiary 100 No
Holiday Club Sweden Ab Subsidiary 100 No
Holiday Club Sport and Spa Hotels AB Subsidiary 100 No
Holiday Club Canarias Investments S.L.U. Subsidiary 100 No
Holiday Club Canarias Sales & Marketing S.L.U. Subsidiary 100 No
Holiday Club Canarias Resort Management S.L.U. Subsidiary
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