Mahindra & Mahindra Financial Services has informed that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at its Meeting held today, i.e. on 23rd April, 2021, has considered and approved the following, subject to approval of Members, where applicable: Re-appointment of Ramesh Iyer (DIN: 00220759), Managing Director of the Company as ‘Vice-Chairman & Managing Director’ for a period of three years commencing from 30th April, 2021 to 29th April, 2024; Appointment of Amit Sinha (DIN: 09127387) as an Additional Non-Executive Non-Independent Director on the Board of Directors of the Company with effect from 23rd April, 2021 to hold office up to the date of the forthcoming Annual General Meeting of the Company. The details as required under the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015, including the brief profile of the above Directors are given in Annexure I attached to this letter. This intimation is also being uploaded on the Company’s website at https://www.mahindrafinance.com.
The above information is a part of company’s filings submitted to BSE.
