Our Company was incorporated in September, 1996 in Chennai as Mahindra Holidays & Resorts India Private Limited. The status of our Company was changed to a public limited company by a special resolution of the members passed at a shareholders' meeting held on January 29, 1998. The fresh certificate of incorporation consequent on change of name was granted to our Company on April 17, 1998 by the RoC. An agreement dated August 27, 2006, was executed between our Company and Ashtamudi Resorts Private Limited wherein the entire share capital of Ashtamudi Resorts Private Limited was purchased by our Company. Our Board of Directors gave approval to amalgamate Ashtamudi Resorts Private Limited, our wholly-owned subsidiary with our Company. The High Courts of Madras and Kerala approved the amalgamation of Ashtamudi Resorts Private Limited with our Company with effect from July 1, 2007, by orders dated February 19, 2008 and February 7, 2008, respectively. Key Events and Milestones Date Event September, 1996 Incorporation of Mahindra Holidays & Resorts India Limited. February, 1997 Acquired land at Varca Village, Goa April, 1998 MMJ Resorts and Holidays Private Limited was amalgamated into our Company with effect from April 1, 1998 pursuant to Madras High Court order dated April 23, 1999 February, 1997 Launched our first individual product "Club Mahindra Holidays Unlimited" April, 1998 First resort opened at Munnar December, 1999 Second resort opened at Goa November, 2000 Acquired land in Binsar April, 2001 Opened resort at Manali April, 2001 Mahindra Sega Entertainment Corporation Ltd was amalgamated into our Company with effect from April 1, 2001 pursuant to Madras High Court order dated April 30, 2002 May 2001 Corbett resort opened December, 2002 Acquired land in Coorg January 2003 First Club Mahindra Holiday World opened in Chennai March, 2004 Number of vacation ownership members was 20,536 2004 Receives ISO 9001:2000 certification for its property at Lakeview Munnar Foodworld's chief rejoins Mahindra Holidays March, 2005 Entered into long-term lease for an international resort in Pattaya, Thailand March, 2005 Number of vacation ownership members was 28,491 March, 2005 Club Mahindra Kodagu Valley resort was opened in Coorg, Karnataka November, 2005 Acquired land in Puducherry (formerly Pondicherry) March, 2006 Number of vacation ownership members was 38,691 December, 2005 Acquired land in Lonavala August, 2006 Invested in Ashtamudi Resorts Private Limited October, 2006 Launched "Club Mahindra Fundays" November, 2006 Acquired a resort in Manali November, 2006 Launched "Zest", a product to cater to short break holiday needs January, 2007 Launched clubmahindra.travel, our travel related services March, 2007 Number of vacation ownership members was 53,101 May, 2007 Opening of Club Mahindra Backwater Retreat at Ashtamudi October, 2007 Entered into long-term lease for a resort at Auli May, 2008 Launched Zest @ Big Beach, Puduchery, first signature resort for Zest June, 2008 Club Mahindra.travel received International Air Transport Association accreditation July, 2008 Zest @ Casa Deep Woods, Masinagudi taken on lease July, 2008 Mahindra Homestays Launched September, 2008 MHRIL and the Kerala Government entered into a strategic alliance for a period of 5 years to develop, promote and market homestays overseas and in India September,2008 Acquisition of Club Mahindra Tusker Trails, Thekkady October, 2008 Club Mahindra Dancing Waters, Naukuchiyatal taken on lease March, 2009 Number of vacation ownership members was 92,825 April, 2009 Club Mahindra Whispering Pines, Mashobra taken on lease May, 2009 Club Mahindra.travel was approved as an "ACTIVE" Member of Travel Agents Association of India for the year 2009-10. 2010 -The Company has recommended dividend of Rs. 4/- (Rupees Four Only) per Equity Share of Rs. 10/- each (i.e. 40%) -MHRIL appoints Peter Martin as Head of Resort Operations. 2011 -Club Mahindra adds 100 rooms in Goa; Launches Club Mahindra Emerald Palms. -The Company has appointed Mr. Dinesh Shetty as Company Secretary & Compliance Officer of the Company. -The Company has recommended dividend of Rs. 4.00 (Rupees Four Only) per Equity Shares of Rs. 10/- each (i.e. 40%). 2012 -Club Mahindra acquires Royal Courts Jaisalmer, Launches Club Mahindra, Jaisalmer. -Mahindra Holidays & Resorts India buys M/s. Gables Promoters. -Mahindra Holidays acquires new resort near Shimla. -Mahindra Holidays acquires 49% in IHGCL; adds new resort in Bangkok. 2013 -Mahindra Holidays unveils New Brand Identity for its flagship Brand Club Mahindra. 2014 -Mahindra Holidays - Mahindra Holidays acquires new 60 room resort in Manali -Mahindra Holidays buy CHPLs resort in Manali 2015 -Mahindra Holidays launches its first resort in Kanha, MP -Visionsbolaget becomes subsidiary of Mahindra Holidays 2016 -Mahindra Holidays & Resorts India (MHRIL) said that it has inked a pact to acquire 12 per cent stake in Nreach Online Services. 2017 -The Company has issued Bonus Shares in the Ratio of 1:2. 2018 -Xoxoday, a SaaS commerce platform, acquired FamousEnuf, a tech-powered activation engine, for an undisclosed amount. 2020 -Mahindra Holidays & Resorts India Limited has informed that "Acquisition of minority stake in Great Rocksport Private Limited". -Acquisition of 6.67% of the share capital of Great Rocksport Private Limited ('Rocksport' -Tripadvisor Travellers' Choice-29 Club Mahindra Resorts 2020 -Club Mahindra Kanatal Tripadvisor--Travellers' Choice Awards 2020 -Club Mahindra Varca, Goa Tripadvisor-Travellers' Choice Awards 2020 -Club Mahindra Emerald Palms, Goa-Tripadvisor Travellers' Choice Awards 2020 -Club Mahindra Mashobra, Shimla-Tripadvisor Travellers' Choice Awards 2020 2021 -The Company has issued Bonus Shares in the Ratio of 1:2. 2022 -Mahindra Holidays informed the Exchange about further acquisition of balance equity shares of Great Rocksport Private Limited.