Mahindra & Mahindra Financial Services Limited — Others, 22-04-2025: Change in Auditors

Mahindra & Mahindra Financial Services Limited has announced a board meeting wherein the Board approved the appointment of M/s. Makarand M. Joshi & Co., Company Secretaries, as the new Secretarial Auditor, effective from April 23, 2025. This decision follows a recommendation from the Audit Committee and is subject to shareholder approval at the upcoming AGM. The change comes as the current auditor, M/s. KSR & Co., ceases their role. Makarand M. Joshi & Co. brings over 25 years of experience in corporate governance and compliance, which could enhance the company's operational integrity. This announcement may evoke a positive outlook among investors due to the emphasis on improved governance.