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






Reuters


Mumbai,



December 20, 2019 14:forty six IST

Up-to-date:


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




Reuters


Mumbai,



December twenty, 2019 14:forty six IST

Up to date:


December 20, 2019 15:fourteen IST


extra-in

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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