Mahindra Logistics Limited has received an ESG (Environmental, Social, and Governance) rating of 78 from NSE Sustainability Ratings Analytics Ltd, as communicated to the stock exchanges.

ESG Rating Details

The company received notification of the ESG rating from NSE Sustainability Ratings Analytics Ltd, which is a SEBI-registered ESG rating provider. The rating reflects Mahindra Logistics' performance across environmental, social, and governance parameters.

Independent Assessment

Mahindra Logistics Limited clarified that it did not engage NSE Sustainability for the ESG rating process. The rating agency independently prepared the assessment based on data pertaining to FY2024-25 that was available in the public domain. The report was issued voluntarily by NSE Sustainability without any formal engagement or request from the company.

Regulatory Compliance

The company has informed both BSE Limited and National Stock Exchange of India Ltd about the ESG rating assignment in compliance with Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation covers the requirements under Schedule III and other applicable provisions of the SEBI Listing Regulations.

Public Disclosure

The ESG rating information has been made publicly available through multiple channels:

• Published on NSE Sustainability's official platform at https://www.nse-esgrating.com/esg-ratings
• Uploaded on Mahindra Logistics Limited's website under SEBI regulation disclosures
• Filed with stock exchanges as per regulatory requirements

The company ensures compliance with disclosure obligations under the SEBI Listing Regulations.

Mahindra Logistics Limited (MLL) has announced a significant addition to its senior management team. The company's Board of Directors has approved the appointment of Ankur Bansal as Head of Strategy Transformation and Senior Management Personnel, effective January 1, 2026.

Key Appointment Details

Professional Background

Ankur Bansal brings a wealth of experience to his new role at Mahindra Logistics:

• Current Role: Vice President - Group Strategy at Mahindra Group
• Previous Positions:
  • Vice President - Strategy for Jio telecom vertical
  • Partner at Boston Consulting Group, Mumbai office
• Total Experience: Over 13 years

Educational Qualifications

Additionally, Bansal holds a black belt in Six Sigma techniques from the American Society for Quality (ASQ).

Responsibilities

In his current role at Mahindra Group, Bansal is responsible for driving strategic initiatives across Group Companies. His appointment at Mahindra Logistics as Head of Strategy Transformation suggests a focus on strategic growth and operational enhancement for the company.

Board Approval and Disclosure

The appointment was approved by the MLL Board of Directors on November 29, 2025, following a recommendation from the Nomination and Remuneration Committee. This information was disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mahindra Logistics' decision to bring Ankur Bansal on board reflects the company's commitment to strengthening its leadership team with experienced professionals. As the logistics sector continues to evolve, Bansal's extensive background in strategy and transformation could play a crucial role in shaping MLL's future direction and competitiveness in the market.