Mahindra CIE Automotive Limited - 532756 - Announcement under Regulation 30 (LODR)-Change in Directorate
We wish to inform that, the Board of Directors of the Company at their meeting held today, based on the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Jairaj Purandare (DIN: 00159886) as an Additional Director, who shall be an Independent Director of the Company, with effect from 10th June, 2023. His appointment shall be placed before the members of the Company for their approval within 3 months from the date of appointment in accordance with Section 150(2), 152(2) and Section 160 of the Companies Act, 2013. Subject to approval of the members of the Company, Mr. Jairaj Purandare (DIN: 00159886) shall hold the office of the Independent Director for a term of five years from 10th June 2023 till 9th June 2028.02-06-2023