Mahindra Holidays & Resorts India Limited

3P India Equity Fund increased its stake in Mahindra Holidays & Resorts India Limited from 4.90% to 5.60%, acquiring 14,22,576 additional shares. This move crosses the 5% disclosure threshold.

A vacation ownership company offering family holidays through membership-based models, Mahindra Holidays operates the Club Mahindra brand across multiple resort destinations in India and internationally. The company provides leisure and hospitality services to members seeking planned vacation experiences throughout the year. As a subsidiary of the Mahindra Group, it caters to families seeking affordable and accessible holiday solutions through its established vacation ownership framework.

Launched May 2023 by 3P Investment Managers, managing around Rs 16,269 cr by January 2026, making it one of the fastest-scaling India equity AIFs ever. Managed by Prashant Jain, who ran HDFC Mutual Fund as CIO for 18 years (2004 to 2022) and is among India's most-followed long-only managers. Mohnish Pabrai is an anchor investor.