Mahindra Holidays & Resorts India Limited informed that Mrs. Akhila Balachandar, Chief Financial Officer of the Company, has tendered her resignation from her position as the Chief Financial Officer of the Company and the same has been accepted and noted by the Board of Directors of the Company at its Meeting held on May 25, 2021. Consequently, Mrs. Akhila Balachandar will cease to be the Chief Financial Officer and a Key Managerial Personnel of the Company effective the closure of business hours on May 31, 2021. Based on the recommendation of Nomination and Remuneration Committee and Audit Committee of the Company, the Board of Directors at its Meeting held on May 25, 2021, have approved the appointment of Mr. Sujit Vaidya as the Chief Financial Officer and a Key Managerial Personnel of the Company effective June 1, 2021.