Internal auditor ceases at Mahindra Holidays effective June 30
Mahindra Holidays & Resorts India Limited disclosed the cessation of Mr. K. N. Vaidyanathan as Internal Auditor effective June 30, 2026, following the end of his tenure at Mahindra and Mahindra Limited. The company provided the requisite details under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.
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Mahindra Holidays & Resorts India Limited announced that Mr. K. N. Vaidyanathan has ceased to be the Internal Auditor of the company, effective close of business hours on June 30, 2026. The cessation follows the conclusion of his term as the Group Chief Internal Auditor of Mahindra and Mahindra Limited, the holding company. This information was disclosed to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company confirmed that the required details under the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, were provided as an annexure to the intimation. The filing was submitted by Mansi Laheri, Company Secretary, on behalf of Mahindra Holidays & Resorts India Limited.
Details of Cessation
The specific details regarding the event were outlined in the official communication to the stock exchanges.
| Sr. No. | Details of Events | Cessation Details |
|---|---|---|
| a. | Reason for change | Cessation of Mr. K. N. Vaidyanathan as the Internal Auditor of the Company, effective close of business hours today i.e. 30 June 2026, upon conclusion of his term as the Group Chief Internal Auditor of Mahindra and Mahindra Limited, Holding Company. |
| b. | Date of cessation | Cessation effective close of business hours today i.e. 30 June 2026. |
| c. | Brief profile | Not Applicable |
| d. | Disclosure of relationships | Not Applicable |
| e. | Information as per BSE/NSE Circulars | Not Applicable |
The intimation has been uploaded on the company’s official investor relations website. Mahindra Holidays & Resorts India Limited is listed on the National Stock Exchange of India Limited and BSE Limited.
Historical Stock Returns for Mahindra Holidays
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.55% | -0.32% | +9.58% | -21.75% | -29.11% | +43.59% |
Who will be appointed as the new Internal Auditor to replace Mr. K. N. Vaidyanathan?
How will the transition in the internal audit role impact the company's governance and compliance processes?
Will the new appointment be sourced internally from the Mahindra Group or externally?
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