Mahindra Lifespace Developers Limited has announced the appointment of Ankur Parmar as the Chief Marketing Officer of the company, effective October 1, 2025. This decision was made based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors on September 4, 2025.
The company also announced the cessation of Abhimanyu Mathur as Chief Marketing Officer, categorized as Senior Management Personnel (SMP), effective from the close of September 30, 2025. Mathur resigned to explore new career opportunities outside the organization.
Ankur Parmar brings over 21 years of experience in real estate and beverages. He has held leadership roles at Mahindra Lifespaces & Happinest, Edelweiss REAP, Lodha Developers, Diageo India, and Walt Disney Company. He holds an MBA in Marketing from Sydenham, Mumbai, and a BE (Civil) from VJTI, Mumbai.
The details of the changes in Senior Management Personnel are as follows:
| Particulars | Abhimanyu Mathur (Cessation) | Ankur Parmar (Appointment) |
|---|---|---|
| Reason for Change | Resignation to explore new career opportunities | Based on the recommendation of the Nomination and Remuneration Committee |
| Date of Change | Effective close of September 30, 2025 | Effective October 1, 2025 |
| Brief Profile | N/A | Senior marketing and growth leader with over 21 years of experience |
| Relationships between Directors | N/A | Not related to any Director of the Company |
The company has affirmed that the information required pursuant to BSE Circular No. LIST/COMP/14/2018-19 and National Stock Exchange of India Limited Circular No. NSE/CML/2018/ 24, both dated June 20, 2018, is not applicable.
Abhimanyu Mathur's resignation letter states that he is exploring new career opportunities outside the organization and his resignation is effective at the close of business on September 30, 2025.
Mahindra Lifespaces has notified the stock exchanges about the change in senior management personnel, which was approved by the board on September 4, 2025.
This information is also available on the company's website.
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