SMLMAHNSESML Mahindra LimitedHighNegative
Announced Tue, 31 Mar · 21:57 IST

SML Mahindra Limited has informed the Exchange regarding Cessation of Mr. Anuj Kumar Sethi as AVP Corporate Planning, IT and Special Application Cell and Senior Management Personnel of the company w.e.f. March 31, 2026.

Kmp ResignedManagement Changes View source PDF

SMLMAH · price

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Price reaction · full curve 14 horizons · vs prior close
+7.4%1-day move
₹3780.10
prior close
₹3949.90
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

SML Mahindra Limited has informed the exchanges that Mr. Anuj Kumar Sethi ceased to be an employee of the company with effect from the close of business hours on March 31, 2026. His departure comes upon completion of his one-year tenure as AVP – Corporate Planning, IT and Special Application Cell, a role he was re-appointed to on April 1, 2025. Consequently, he also stepped down from the Senior Management Personnel category of the company. The disclosure was filed under SEBI LODR Regulation 30 read with Schedule III.

Likely market impact

This is a routine, tenure-based exit of a senior management team member (AVP level) and not a top executive or board-level change. Shareholders are unlikely to see any material impact on operations, strategy, or stock price from this departure.