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Management change

Mahindra Holidays & Resorts India Manish Goel as Chief resigns

Mahindra Holidays & Resorts India (MHRIL) said Manish Goel as Chief has resigned. The company is valued at about ₹3,606 crore.

BCEIE News Desk · Published 2 Nov 2026, 06:45 pm IST · Filing received 2 Nov 2026, 06:28 pm IST

What happened

In a filing with the NSE on 2 November 2026 at 06:28 PM, Mahindra Holidays & Resorts India (MHRIL) said that Manish Goel as Chief has resigned.

From the filing: "Mahindra Holidays & Resorts India Limited has informed the Exchange regarding Resignation of Mr."

Company snapshot

Mahindra Holidays & Resorts India is a small-cap company, with a market value of about ₹3,606 crore.

The stock last traded at ₹178.5, against a 52-week range of ₹178.1–₹346 (48.4% below the high).

Before this filing the shares had moved −8.2% over the month and −18.3% over three months. Average daily turnover over the last 20 sessions was about ₹4.61 crore.

Promoters held 66.73% at the end of Q2 FY27. Foreign institutions owned 3.41% and domestic institutions 10.76%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY2671719.10.89
Q3 FY267532.20.11
Q4 FY2682041.62.06
Q1 FY27733-8.7-0.43
Q2 FY27784200.99

What history shows

This is not the company's first management change disclosure: BCEIE has 7 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 2.5% on average the next trading day and was down 5.7% on average after five days (2 filings with price data).

Market-wide, 4,084 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
15 Oct 2026Please refer attached file−0.7%—
22 Jul 2026Appointment Of Internal Auditor−4.3%−5.7%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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