StockWatch
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Passenger Cars & Utility Vehicles
ESOP13 Jul 2026, 07:20 pm

M&M Employees' Trust Transfers 2050 Shares

AI Summary

Mahindra & Mahindra Ltd has announced the transfer of 2050 equity shares from the Mahindra & Mahindra Employees' Stock Option Trust to various employees. This transfer, executed on July 13, 2026, is in compliance with the company's Employees' Stock Option Scheme and an undertaking given at the time of listing of shares allotted to the Trust. The details of the stock option grantees who received these shares have been provided as Annexure I. This action reflects the ongoing execution of employee stock option plans.

Key Highlights

  • 2050 shares transferred from ESOP Trust to employees.
  • Transfer executed on July 13, 2026.
  • In compliance with Employees' Stock Option Scheme.
  • Details of grantees provided in Annexure I.