Mahindra Holidays & Resorts India Ltd (MHRIL) announced that during its 29th annual general meeting (AGM) held on July 23, 2025, the shareholders re -appointed Mr. Diwakar Gupta’s second time as independent director and M/s. Approved the appointment of Siroya and BA Associates as secretary auditor. Mr. Gupta’s second term will start from December 1, 2025 and will continue till July 24, 2028. Additionally, M/s. Siroya and BA Associates have been appointed as Secretarial Auditor for five consecutive years, starting from the financial year 2025-26.
Chief decision of AGM
The shareholders of Mahindra Holidays approved the following main decisions in AGM:
- Re -appointment of Shri Diwakar Gupta: Shri Diwakar Gupta (DIN: 01274552) was approved to re -appoint an independent director for the second time.
- M/s. Appointment of Siroya and BA Associates: M/s. Siroya and BA Associates were approved to appoint the company as secretary auditor for 5 (five) consecutive years starting from the financial year 2025-26.
| Details | Acquaintance |
|---|---|
| Mr. Diwakar Gupta again appointed | Approved |
| Re -appointment period | December 1, 2025 to 24 July, 2028 |
| M/s. Appointment of Siroya and BA Associates | Approved |
| Period of appointment | 5 years starting from financial year 2025-26 |
Details of re -appointment of Shri Diwakar Gupta
Mr. Diwakar Gupta has a comprehensive experience of more than 50 years in banking and financial services. He was earlier on the post of Managing Director and Chief Financial Officer of State Bank of India (SBI). His experience includes partnership with the Unique Identification Authority of India Limited for the rollout of the Aadhaar program. He has also oversee the private sector and PPP operation with the Asian Development Bank, Manila.
M/s. Details of appointment of siroya and BA Associates
M/s. Siroya and BA are a firm of the Associates Company Secretaries, headed by Mr. Mukesh Siroya, who has experience over 24 years. The firm provides services to diverse customers in various fields including finance, insurance, mutual funds, hospitality and manufacturing.
Regulatory compliance
Appointments and re -appointments SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation 30 and SEBI Master Circular Number Sebi/HO/CFD/P0D2/CIR/P/0155 dated November 11, 2024.
Company Information
Mahindra Holidays & Resorts India Ltd is a part of the Mahindra Group, which mainly offers Family Holidays via Vacation Onsepal Membership. The company’s share is listed on the National Stock Exchange of India (Symbal: MHRIL) and BSE Limited (Scrip Code: 533088).