MAHINDRA & MAHINDRA LTD. - Intimation of New Subsidiary Saimaa Gardens Arena Oy by Mahindra Holidays & Resorts India Limited, a listed subsidiary of the Company

Mahindra & Mahindra Ltd has informed BSE that the Company has received an intimation from Mahindra Holidays & Resorts India Limited, a listed subsidiary of the Company ("MHRIL") regarding acquisition of a new subsidiary named 'Saimaa Gardens Arena Oy'.