Mumbai, June 11 -- The company's board of directors approved the leadership change at its meeting held on 10 June 2026, based on the recommendation of the Nomination and Remuneration Committee, SML Mahindra said in a regulatory filing.

Consequent to his cessation as Executive Director and CEO, Srinivas will also cease to be a Director and Key Managerial Personnel of the company under the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

To ensure continuity in leadership, the board has entrusted additional responsibilities to Executive Chairman Vinod Kumar Sahay with effect from July 1, 2026. Sahay will oversee the company's executive functions until a new Chief Execu...