Mahindra CIE Automotive Limited announced the retirement of Mr. Romesh Kaul as executive director of the company. Mr. Romesh Kaul, was appointed as Whole-time Director of the company with effect from 17 October, 2018 for a period of one year. That term of appointment of Mr. Romesh Kaul, as Whole-time Director is expiring on close of working hours on 16 October, 2019. Accordingly, he will cease to be Executive Director of the Company from close of working hours 16th October, 2019. Mr. Kaul has agreed to provide continuity from the end of his contract period and shall continue in the employment of the company and retire from services of the company from the date of upcoming Annual General Meeting to be held in 2020. The board of directors of the company placed on record their appreciation for Mr. Kaul's contribution over a decade in nurturing and building various business of the Company and for their success.