Insider Trading22 Sept 2026, 04:19 pm
M&M Group CEO sells 76,357 shares for ESOP tax
AI Summary
Dr. Anish Shah, Group CEO and Managing Director of Mahindra & Mahindra Ltd, has sold 76,357 equity shares of the company. The majority of the proceeds from this sale will be utilized to fund the tax liabilities arising from the exercise of Employee Stock Ownership Plans (ESOPs) that have either already vested or are scheduled to vest during the financial year 2026-27. This disclosure is for the information and record of stakeholders.
Key Highlights
- M&M Group CEO sold 76,357 equity shares.
- Proceeds will fund tax on ESOP exercise.
- ESOPs vest during FY2026-27.
- Transaction by key management personnel.
Price Impact
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