Max India Limited has appointed Mrinalini Mirchandani as an Independent Director for a five-year term, commencing April 15, 2026 and ending April 14, 2031, subject to shareholders’ approval. The appointment, approved by the board via circular resolution on April 9, 2026 following a recommendation from the Nomination and Remuneration Committee, designates her as an Additional Director in the Independent category.
Ms. Mirchandani brings a breadth of experience spanning consulting, investment banking and leadership search, most recently as a Senior Partner at McKinsey & Company. She was the first and only woman to be elected Senior Partner in McKinsey’s 34-year history in India, where she led the Private Equity Practice in India and was a member of the global healthcare leadership team. Earlier, she oversaw the Organization & Talent practice in India at McKinsey. Prior to McKinsey, she led Merrill Lynch’s Healthcare & Consumer Investment Banking Team in India and headed healthcare recruiting for Egon Zehnder in India. Over two decades, she has partnered with leading Indian and global institutions on growth strategy, M&A, capital raising and transformational change at scale.
Her academic credentials include an MBA from IIM Calcutta and a B.Com from Mumbai University. In 2018, she featured in the Economic Times list of India’s 40 under Forty Young Business Leaders. The appointment signals Max India’s intent to bolster governance with a depth of experience in strategy, mergers and acquisitions and institutional transformation as the company navigates its growth trajectory.