Mahindra Finance ESOP Trust Transfers 253,076 Shares

Date: 12th November 2026

Mahindra & Mahindra Financial Services Limited Employees' Stock Option Trust transferred 253,076 equity shares to eligible employees on 12th November 2026
The transfer was executed pursuant to the exercise of vested stock options under two plans:
Mahindra & Mahindra Financial Services Limited – Employees' Stock Option Scheme – 2010
Mahindra & Mahindra Financial Services Limited – Restricted Stock Units Plan 2023

The following 39 eligible persons received equity shares:

1. Ajay Shingare - 1,154 shares

2. Amardeep Kar - 1,346 shares

3. Anirban Guha - 712 shares

4. Anu Raj - 5,217 shares

5. Anuraag Bindal - 4,782 shares

6. Brijbala Batwal - 7,361 shares

7. Chanpreet Singh - 5,041 shares

8. Deepa Ranjeet - 12,973 shares

9. Dharmesh Vakharia - 812 shares

10. Dhirendra Singh - 2,063 shares

11. Gaurav Goyal - 2,014 shares

12. Jaspreet Chadha - 10,986 shares

13. Jay Vishwakarma - 428 shares

14. Jaysheel Gandhi - 4,269 shares

15. Kapil Toshniwal - 5,299 shares

16. Madhav Deshmukh - 594 shares

17. Mahesh Rajaraman - 17,566 shares

18. Malathi Bhaskar - 774 shares

19. Manasi Poonekar - 190 shares

20. Manish Sinha - 20,220 shares

21. Mod Narayan Singh - 10,889 shares

22. Navin Das - 1,444 shares

23. Nitesh Rawal - 7,032 shares

24. Pradeep Agrawal - 11,334 shares

25. Prashant Gadkari - 5,914 shares

26. Pravin Kulkarni - 6,094 shares

27. Punj Prakash - 3,296 shares

28. R Sundar - 17,445 shares

29. Rajesh Sharma - 1,060 shares

30. Ramanathan SS - 6,009 shares

31. Raul Rebello - 46,904 shares

32. Shailendra Jadhav - 2,132 shares

33. Shailesh Rao - 8,949 shares

34. Shantanu Kulkarni - 5,420 shares

35. Shantanu Padhye - 12,897 shares

36. Sonali Bhave - 672 shares

37. Sunil Yadav - 534 shares

38. Sunita Pawar - 576 shares

39. Swapnil Dahasahasra - 674 shares

Total shares transferred: 253,076