StockWatch
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Commercial Vehicles
Management Change12 Oct 2026, 05:10 pm

SML Mahindra Appoints Ashudeep Saddi as CHRO

AI Summary

SML Mahindra Limited announced the appointment of Mr. Ashudeep Saddi as Chief Human Resources Officer (CHRO) and Senior Management Personnel, effective October 19, 2026. This change was approved by the Board of Directors based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. The company also noted the cessation of Mr. Pushkar Patwardhan as CFO and Key Managerial Personnel, effective October 19, 2026, who is pursuing opportunities outside the Mahindra group. Ms. Manaswini Goel has been appointed as Interim CFO from October 20, 2026, to December 31, 2026, and Mr. Surender Kalra will take over as CFO from January 1, 2027.

Key Highlights

  • Ashudeep Saddi appointed as Chief Human Resources Officer (CHRO).
  • Appointment effective from October 19, 2026.
  • Cessation of Mr. Pushkar Patwardhan as CFO noted.
  • Interim CFO appointed, followed by a permanent CFO.
  • Changes approved by the Board of Directors.