SML Mahindra CFO Pushkar Parwardhan resigns effective Oct 19
- Pushkar Parwardhan resigned as CFO of SML Mahindra Limited effective October 19, 2026
- Manaswini Goel appointed as interim CFO for the period ending December 31, 2026
- Surender Kalra will assume the role of permanent CFO starting January 1, 2027
- Company updated KMP contact details with stock exchanges under SEBI Listing Regulations
*this image is generated using AI for illustrative purposes only.
SML Mahindra Limited announced that Pushkar Parwardhan has resigned from his position as Chief Financial Officer and Key Managerial Personnel (KMP), effective October 19, 2026. The company has appointed Manaswini Goel as the interim CFO to bridge the transition period.
Leadership Transition Details
The resignation was intimated to stock exchanges under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the cessation of Parwardhan’s tenure is effective from the close of business on October 19, 2026.
To ensure continuity in financial reporting and compliance, the company’s Disclosure Committee revised its authorized KMP contact details effective October 20, 2026. The updated list of Key Managerial Personnel includes the interim leadership structure.
Updated Key Managerial Personnel
The following table outlines the current Key Managerial Personnel authorized under Regulation 30(5) of the SEBI Listing Regulations:
| Name | Designation | Effective Period |
|---|---|---|
| Vinod Kumar Sahay | Executive Chairman | Ongoing |
| Manaswini Goel | Interim Chief Financial Officer | Oct 20, 2026 to Dec 31, 2026 |
| Surender Kalra | Chief Financial Officer | From Jan 1, 2027 |
| Parvesh Madan | Company Secretary & Compliance Officer | Ongoing |
Compliance and Disclosure
SML Mahindra stated that this intimation is also being uploaded on the company's website for public record. The move ensures adherence to regulatory requirements regarding changes in key managerial personnel. The appointment of an interim CFO highlights the company's focus on maintaining uninterrupted financial governance during the executive transition.
Historical Stock Returns for SML Mahindra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.28% | -7.29% | -11.79% | +40.33% | +89.80% | 0.0% |
How might the interim CFO transition impact SML Mahindra's upcoming quarterly financial disclosures and investor confidence?
What strategic priorities is incoming CFO Surender Kalra expected to address upon his January 2027 appointment, particularly regarding capital allocation?
Will the leadership change influence SML Mahindra's existing joint venture agreements with Isuzu or other manufacturing partners?
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