Mahindra Holidays & Resorts India Limited announced that Mr. Rajiv Sawhney, Managing Director & CEO of the company has tendered his resignation from the services of the company to take effect from the close of working hours on March 31, 2014 due to personal reasons. The board at its meeting held on January 03, 2014 accepted the resignation with regret and the same will be effective from the close of business hours on March 31, 2014.