Mahindra & Mahindra Limited filed a regulatory disclosure regarding the transfer of equity shares from its Employees' Stock Option Trust to eligible grantees. The transfer was executed on 19th August 2026 pursuant to the exercise of stock options granted under the Company's Employees' Stock Option Scheme.
Transaction Details
- Total Shares Transferred: 20,123 equity shares
- Number of Grantees: 278 employees
- Transfer Date: 19th August 2026
- Purpose: Fulfillment of stock option exercises under the company's ESOP scheme
Share Allocation Details
The shares were transferred to employees across various allocation sizes:
- Largest individual allocation: 4,828 shares to Rajeev Goyal
- Smallest individual allocation: 1 share to A Vignesh
- Notable allocations: Sandip Dhond (3,684 shares), Anil Mangalvedhekar (2,319 shares), Reena Fernando (791 shares)
- Distribution pattern: Majority of allocations range between 3-500 shares per employee
Distribution
The disclosure was submitted to:
- National Stock Exchange of India Ltd
- BSE Limited
- Luxembourg Stock Exchange
- London Stock Exchange Plc
Financial Impact
The document does not quantify the financial impact of the share transfer. The transaction represents the movement of shares from the trust to employees upon option exercise.
ISIN Reference
USY541641194
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