Mahindra Holidays & Resorts India Limited has informed the Exchange about Resignation of Director/KMP/SMP
MHRIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.1 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mr. Vimal Agarwal has tendered his resignation as Chief Financial Officer and Key Managerial Personnel of the Company, effective close of business on 30th June 2026. The reason stated is transition to a new role within the Mahindra Group, indicating an internal movement rather than an exit. Mr. Rajiv Vimal has been appointed as the new CFO, effective 1st July 2026, bringing over two decades of experience. He currently serves as CFO of PPG Asian Paints Private Limited and previously spent over 13 years with Vodafone in senior finance leadership roles. He is a Chartered Accountant and Commerce graduate from St. Xavier's College, Kolkata.
The resignation appears to be an internal reassignment within the Mahindra Group, which may limit negative market reaction. The appointment of an experienced external candidate with a clean one-day transition gap suggests stable financial leadership continuity.