Mahindra Life spaces' MD Anita Arjundas resigns
Mahindra group's realty firm Mahindra Life spaces' managing director Anita Arjundas on Monday resigned from the company, effective September 30. Anita, who joined Mahindra Life spaces in 2002, had been serving as MD for the last nine years. In a filing to the BSE, the company informed that "Anita Arjundas, vide a letter dated July 1, 2018, submitted her resignation as managing director and director of the company, effective September 30, 2018 as she wishes to pursue her interest in the development/social sector". It further said the company has a robust succession plan in place, under which Sangeeta Prasad was designated as CEO of Mahindra Life spaces in April 2018. The board of directors will ensure a seamless transition, the company said.
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