Anand Mahindra to phase down as Mahindra Team Government Chairman from April 2020



December 20, 2019 14:forty six IST


December twenty, 2019 15:14 IST

Anand Mahindra, group chairman, Mahindra & Mahindra will be stepping down with effect from April 1, 2020.

Anand Mahindra, team chairman, Mahindra & Mahindra will be stepping down with outcome from April 1, 2020.   | Picture Credit score:
Paul Noronha



December twenty, 2019 14:forty six IST

Up to date:

December 20, 2019 15:fourteen IST


Mahindra & Mahindra board approved the changeover of Anand Mahindra to non-Govt Chairman efficient April one, 2020.

“With influence from April one, 2020, Mahindra will transition to the purpose of Non-Executive Chairman of the board of Mahindra & Mahindra. This is in accordance with the SEBI tips,” the firm stated in a statement.

Pawan Goenka will be redesignated as Controlling Director and Main Executive from April one, 2020.

The board also approved the appointment of Anish Shah as CFO, CEO and MD.

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Printable model | Dec twenty, 2019 three:sixteen:12 PM | business/anand-mahindra-to-action-down-as-mahindra-group-executive-chairman-from-april-2020/article30357879.ece