Mahindra & Mahindra Employees' Stock Option Trust Transfers Equity Shares to Grantees
On July 22, 2026, the Mahindra & Mahindra Employees' Stock Option Trust completed a significant equity transfer as part of its commitment to employees under the company’s Stock Option Scheme. The shares were transferred from the Trust to the designated Stock Option Grantees upon the exercise of their granted stock options.The transaction covered multiple employees who executed their stock options, resulting in the transfer of various amounts of equity shares to the respective grantees.
A detailed breakdown of the Stock Option Grantees and the number of equity shares that were transferred from the Mahindra & Mahindra Employees' Stock Option Trust is provided below:
| Stock Option Grantees Name | Shares Have Been Transferred (Total No.) |
|---|---|
| Atul Ranade | 223 |
| Vinayak Bhandurge | 50 |
| Nilesh Donde | 141 |
| Agha Husain | 1000 |
| R Siva Subramanian | 150 |
| Sanjay Chavan | 1609 |
| Atin Moulick | 286 |
| Saravanan Rajendran | 146 |
| Kannan S | 150 |
| Muthanantha Kannan | 289 |
| Rahul Tiwari | 98 |
| Suresh Kumar S | 400 |
| Vimalathithan Murukesan | 300 |
| Raghupathi S | 120 |
| Vetrivel C | 209 |
| Santosh Kulkarni | 400 |
| Gaurav Gujar | 59 |
| Saurabh Kumar | 70 |
| Jay Rungta | 50 |
| Vivekanand V | 53 |
| Abhishek Agarwal | 456 |
| Kaustubh Narkar | 100 |
| Muthu Kumar G | 306 |
In total, the transfer involved a collective of 23 Stock Option Grantees, with the Mahindra & Mahindra Employees' Stock Option Trust transferring a combined total of 6,665 equity shares.
M&M Stock Price Movement
On Wednesday, shares of Mahindra & Mahindra Limited shed value, settling at ₹3175.30 after slipping 0.88% in session trading. The stock saw a range between a high of ₹3219.9 and a low of ₹3166.9, with heavy activity recorded across the exchange.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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