Mahindra Logistics Limited has informed the Exchange about Resignation of Director/KMP/SMP
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Mr. Ankur Bansal, Head - Strategy & Transformation and Senior Management Personnel (SMP) of Mahindra Logistics Limited, will resign from the company effective close of 31 May 2026. He is moving to a new role within the Mahindra Group as Chief Executive Officer of MLL Express Services Private Limited (MESPL), a wholly-owned subsidiary, starting 1 June 2026. This internal talent movement was facilitated because the current CEO of MESPL, Mr. Prasanna Pahade, is resigning to pursue other professional interests outside the group.
This is an internal reorganization within the Mahindra Group and not a loss of talent from the group. Shareholders should view this as routine talent movement rather than a negative development, though the departure of the Head of Strategy may require attention to succession planning.