Mahindra & Mahindra Limited — Others, 21-04-2025: Change in Management

Mahindra & Mahindra Ltd. has approved the resignation of Mr. Hemant Sikka, Senior Management Personnel, effective May 4, 2025, as he transitions to a new role within the Mahindra Group. Sikka will be succeeded by Veejay Nakra, currently President of the Automotive Division, as the new head of the Farm Equipment Business. Additionally, R. Velusamy will take over as President of the Automotive Business, consolidating operations to enhance agility and collaboration. These changes are expected to strengthen leadership and drive growth across key sectors, potentially positively impacting shareholder value.