Pursuant to Regulation 30 read with Para A(7) of Part A of Schedule III and other applicable provisions of the Listing Regulations, Mahindra Lifespace Developers has informed that the Board of Directors of the Company has at its Meeting held today 2nd February 2024, basis the recommendation of the Nomination and Remuneration Committee and Audit Committee, considered and approved the following changes in the Key Managerial Personnel viz. Chief Financial Officer of the Company: 1. Resignation of Vimal Agarwal as the Chief Financial Officer and Key Managerial Personnel of the Company on account of his transition to a new role within the Mahindra Group with effect from close of 30th April 2024 and 2. Appointment of Avinash Bapat as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from 1st May 2024. Further with effect from 1st May 2024, Avinash Bapat (having contact details as bapat.avinash@mahindra.com) would act as one of the Key Managerial Personnel authorised for the purpose of determining materiality of an event or information and for the purpose of making disclosures to the stock exchange(s) under Regulation 30 of Listing Regulations. The other Key Managerial Personnel authorised for the purpose of determining materiality and making disclosures under the Regulation 30 of the Listing Regulations would remain unchanged. Details with respect to the above changes as required under Regulation 30(6) read with Para A (7) & (7C) of Part A of Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13th July 2023 are provided in Annexure A and the letter of resignation received from Vimal Agarwal containing detailed reasons for the resignation is enclosed as Annexure B. The Board of Directors at its meeting held today morning considered, noted, and approved change in Chief Financial Officer, as mentioned above and have adjourned the meeting at 9:00 am and agreed to resume later during the day. This intimation is also being uploaded on Company’s website and can be accessed at https://www.mahindralifespaces.com/.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Dilip Buildcon | 427.05 |
| Macrotech Developers | 1234.25 |
| NBCC (India) | 88.13 |
| Phoenix Mills | 1534.25 |
| Ahluwalia Contract(I | 944.75 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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