Mahindra Lifespace Developers (MAHLIFE) has changed its Internal Auditor.

M/s. Mahajan & Aibara LLP has resigned due to a proposed group-level transition of the internal auditor role.

The Board, following a review by the Audit Committee, has appointed Mr. Vimal Agarwal as the new Internal Auditor. **What's the issue?** A routine change in the company's Internal Auditor. **Possible impact?** Mr. Vimal Agarwal is currently the Group Chief Internal Auditor of Mahindra & Mahindra Limited, the holding company, and previously served as CFO of Mahindra Lifespaces and Mahindra Holidays.

This suggests a strategic move to potentially strengthen internal audit functions and oversight across the group, bringing deep corporate and group-level experience.

This appears to be a positive for governance and internal controls. **Company’s response or mitigation plan?** The company has ensured a smooth transition by appointing a highly experienced individual from within the broader Mahindra Group, ensuring continuity and robust internal controls.