Mahindra Holidays & Resorts India announced the launch of its new property, Club Mahindra Kanha in Madhya Pradesh. Kavinder Singh, managing director & chief executive officer of Mahindra Holidays announced the launch of the resort.

"Club Mahindra Kanha is our fifth wildlife resort and the first in the state of Madhya Pradesh. The Madhya Pradesh government is observing 2015 as Tourism Year and we are excited to partner them in this drive. Our new resort, located on the outskirts of Kanha National Park, is a wildlife lovers' delight and we aim to provide our members with diverse and differentiated experiences while they vacation with us," said Singh.

Shares of the company gained Rs 3.85, or 1.47%, to trade at Rs 265.65. The total volume of shares traded was 13,229 at the BSE (1.39 p.m., Wednesday).