Auditor23 Jul 2026, 02:40 pm
Mahindra Lifespace Appoints Vimal Agarwal as Internal Auditor
AI Summary
Mahindra Lifespace Developers Ltd announced changes to its internal audit function. M/s. Mahajan & Aibara LLP has resigned as the Internal Auditor, effective July 23, 2026, citing a proposed transition within the Mahindra Group. Concurrently, Mr. Vimal Agarwal has been appointed as the new Internal Auditor, also effective July 23, 2026. Mr. Agarwal, currently Group Chief Internal Auditor at Mahindra & Mahindra Limited, brings extensive experience in finance, governance, and strategy. The Board of Directors approved these changes based on the Audit Committee's recommendation during their meeting held on July 23, 2026.
Key Highlights
- Internal Auditor M/s. Mahajan & Aibara LLP resigns.
- Mr. Vimal Agarwal appointed as new Internal Auditor.
- Appointment effective from July 23, 2026.
- Mr. Agarwal has 25 years of experience in finance and governance.
- Change approved by Board based on Audit Committee recommendation.
Price Impact
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