StockWatch
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Commercial Vehicles
Auditor30 Jun 2026, 11:30 am

SML Mahindra Appoints New Internal Auditor, Replaces K. N. Vaidyanathan

AI Summary

SML Mahindra Limited announced changes to its internal audit function following a Board of Directors meeting held on June 30, 2026. Mr. K. N. Vaidyanathan's term as Internal Auditor concluded on June 30, 2026, coinciding with the conclusion of his term as Group Chief Internal Auditor of the holding company, Mahindra & Mahindra Limited. The Board approved the appointment of Mr. Vimal Agarwal as the new Internal Auditor, effective July 1, 2026. Mr. Agarwal's appointment is linked to his new role as Group Chief Internal Auditor of Mahindra & Mahindra Limited. The filing includes detailed information about both individuals as required by SEBI LODR Master Circular.

Key Highlights

  • Mr. K. N. Vaidyanathan ceases to be Internal Auditor effective June 30, 2026.
  • Mr. Vimal Agarwal appointed as new Internal Auditor from July 1, 2026.
  • Appointments are linked to roles within holding company, Mahindra & Mahindra Ltd.
  • Board meeting held on June 30, 2026, approved the changes.