Mahindra & Mahindra Financial Services Limited announced that Mr. Vivek Karve, Chief Financial Officer has decided to pursue personal, social and professional interests beyond full-time employment, and has tendered his resignation from the services of the Company for the same. Given his association with the company and management over the years, he has agreed to remain with the company beyond the stipulated notice period and until declaration of financial results for the second quarter financial year 2025, that is up to 31 October 2024 thereby ensuring a smooth transition. As regards to succession planning, the company is in the process of identifying a suitable candidate and necessary announcements would be made in due course.