Swaraj Engines changes Internal Auditor, appoints Vimal Agarwal from 1 July 2026

Board & Shareholder Meetings View source PDF

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AI summary

Board of Swaraj Engines on 26 June 2026 approved cessation of Mr K. N. Vaidyanathan as Internal Auditor from 30 June 2026, after his term as Group Chief Internal Auditor of Mahindra and Mahindra ended. Mr Vimal Agarwal, a Chartered Accountant and MBA with 25 years of experience in finance and governance, is appointed Internal Auditor from 1 July 2026, and also takes over as Group Chief Internal Auditor of M&M. He previously held CFO roles at Mahindra Lifespaces and Mahindra Holidays and Resorts, and senior roles at PepsiCo India.

Likely market impact

Routine internal auditor change aligned with parent M&M leadership transition. No material impact on operations or financials expected.