Mahindra Logistics Limited announced that Mr. Yogesh Patel, Chief Financial Officer and Key Managerial Personnel of the Company has tendered his resignation from the services of the Company to pursue his professional interests outside the Mahindra group. The Company has on 27 February 2023 accepted his resignation and Mr. Yogesh Patel will be relieved of his duties with effect from close of business hours of 10 March 2023. Consequent to the above, Mr. Yogesh Patel shall, inter alia also cease to be Key Managerial Personnel authorised for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchanges under regulation 30 of the Listing Regulations, the Compliance Officer under the Company's Code of Conduct for Prevention of Insider Trading in securities of Mahindra Logistics Limited and the Chief Investor Relations Officer (CIRO) under the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information of the Company, with effect from close of business hours of 10 March 2023.

The Company is in the process of appointing a new Chief Financial Officer and the same will be duly communicated to the stock exchanges in due course.