Nanda, after spending 36 years with the group, wants to pursue interest is the social sector, a release from the M&M stated today.
Nanda will continue to be the chairman of Club Mahindra, a leisure holiday promoting company and Mahindra Consulting Engineers, a consultancy organisation.
He would take over from Anand Mahindra as the chairman of Mahindra Lifespaces, a real estate and infrastructure firm. Anand Mahindra is the vice-chairman and managing director of the Mahindra group.
Source: Business Standard
