Date: 13th November 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results (Standalone & Consolidated)

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

  • Mahindra & Mahindra Employees' Stock Option Trust transferred equity shares to stock option grantees on 13th November 2026.
  • The transfer was made pursuant to the exercise of stock options granted under the Company's Employees' Stock Option Scheme.
  • This disclosure is made in compliance with the undertaking given to the Exchanges at the time of listing of shares allotted to the Trust.
  • The total number of equity shares transferred amounts to 89,970 shares.
  • The disclosure includes a comprehensive list of 965 grantees with their respective share allocations.

Annexure I Details

  • The annexure provides a complete listing of all 965 stock option grantees who received shares from the Trust.
  • Individual share allocations range from as low as 1 share to as high as 7,070 shares.
  • The majority of grantees received between 5-9 shares each, with several senior employees receiving larger allocations including:
  • Pratap Pandit: 707 shares
  • A N Kelkar: 155 shares
  • Samuel Premkumar: 927 shares
  • S P Kamat: 232 shares
  • Nitin Mahajan: 1,434 shares
  • S M Kamat: 1,250 shares
  • Mandar Vartak: 3,162 shares
  • M S Parab: 600 shares
  • R. Velusamy: 3,000 shares
  • Kailash Jat: 1,200 shares
  • Samir Rawte: 2,248 shares
  • Manoj Gauba: 1,080 shares
  • Ganesh Adiga: 1,507 shares
  • Lalit Verma: 5,531 shares
  • Senthur Pandian K: 3,580 shares
  • Abhay Kulkarni: 1,000 shares
  • Shriprakash Shukla: 5,688 shares
  • Naveen Raju: 8,494 shares
  • Manaswini Goel: 1,954 shares
  • Binoy Paul: 3,000 shares
  • Mohit Kapoor: 2,594 shares
  • Rucha Nanavati: 1,700 shares
  • Amarjyoti Barua: 3,000 shares
  • Sriram Kumar: 1,000 shares