Shuchi Suri to head automotive sales and marketing from April 2027

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+6.0%Reaction day

₹2944.90

prior close

₹3122.90

announcement price

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Nifty 100marketpendingvs market: pending

Passenger Cars & Utility Vehicles peers, median of 6sector+2.1%+3.8% vs sector

On the reaction day the stock moved 3.8 pts more than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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+11.6pendingpending+3.9+7.7

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ms. Shuchi Suri, Executive Vice-President at Mahindra Experiences and a senior management leader, will become Chief Sales & Marketing Officer for the automotive business on 1 April 2027 and cease to be senior management. Revenue for the September 2026 quarter was Rs 57,553.13 crore versus Rs 45,885.40 crore a year earlier; shareholder profit was Rs 4,587.88 crore versus Rs 3,673.32 crore.

Likely market impact

This planned internal role change is unlikely to have a material immediate effect on shareholders or the stock price.