Key Quantitative Figures

  • Number of shares allotted: 2,20,000 equity shares of face value ₹2 each
  • Aggregate value: ₹4,40,000
  • Trust's holding increases from 3,46,965 to 5,66,965 equity shares (0.04% of share capital)

Dates and Timing

  • Committee resolution date: 3rd September 2026
  • Time of occurrence: 4:56 p.m. (IST)
  • Filing date: 3rd September 2026

Parties Involved

  • Allottee: Mahindra & Mahindra Financial Services Limited Employees' Stock Option Trust
  • Regulatory recipients: BSE Limited (Scrip Code: 532720) and National Stock Exchange of India Limited (Symbol: M&MFIN)

Purpose and Rationale

Allotment is for implementation of the Company's employee benefit schemes including:

  • Mahindra & Mahindra Financial Services Limited Restricted Stock Unit Plan 2023
  • Mahindra & Mahindra Financial Services Limited- Subsidiaries Restricted Stock Units Plan 2026

Shares held by the Trust will be transferred to eligible persons on vesting and exercise of ESOPs/RSUs under Trust route.

Capital Structure Impact

| Particulars | Before Allotment | After Allotment |

| Number of Equity Shares | 1,38,99,71,160 | 1,39,01,91,160 |

| Paid-up Equity Share Capital (₹) | 2,77,99,42,320 | 2,78,03,82,320 |

Additional Details

  • Shares issued in demat form
  • Shares held by Trust under Non-Promoter Non-Public category
  • Intimation filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Disclosure uploaded on company website at https://www.mahindrafinance.com/investor-relations/regulatory-filings