Mahindra & Mahindra Financial Services Ltd. Transfers Shares to Employees Through Stock Option Exercises
Mahindra & Mahindra Financial Services Ltd. announced the transfer of equity shares to eligible employees on March 27, 2026, following the exercise of vested stock options. The shares were transferred by the Mahindra & Mahindra Financial Services Limited Employees' Stock Option Trust.A total of 59,399 equity shares were distributed to eligible persons under the Mahindra Financial Services Limited Employees' Stock Option Scheme 2010 and Mahindra & Mahindra Financial Services Limited - Restricted Stock Units Plan 2023.
The following table details the distribution of shares among eligible persons:
| Sr.No. | Name of the eligible persons | No. of equity shares transferred |
|---|---|---|
| 1 | Raul Rebello | 44,313 |
| 2 | Shantanu Padhye | 9,149 |
| 3 | Jaysheel Gandhi | 2,776 |
| 4 | H S Kamath | 2,611 |
| 5 | Pasala Ramesh Kumar | 550 |
| Total | 59,399 |
Source:
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