M&M Employees Trust Transfers 74,164 Shares via ESOP

Mahindra & Mahindra Ltd announced the transfer of 74,164 equity shares from the Mahindra & Mahindra Employees' Stock Option Trust to various employees on June 12, 2026. This action is in compliance with the undertaking given to the stock exchanges at the time of listing shares allotted to the Trust. The transfers were made pursuant to the exercise of stock options granted under the company's Employees' Stock Option Scheme. Key individuals like Rajesh Jejurikar and R. Velusamy received significant allocations.