StockWatch
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Passenger Cars & Utility Vehicles
ESOP21 May 2026, 06:41 pm

M&M: Shares Transferred to Stock Option Grantees on May 21, 2026

AI Summary

Mahindra & Mahindra Ltd. has transferred shares to stock option grantees via the Mahindra & Mahindra Employees’ Stock Option Trust on May 21, 2026. This transfer is pursuant to the exercise of stock options granted under the company's Employees’ Stock Option Scheme. A total of 33,104 equity shares were transferred to 35 employees, including Anish Shah (15,873 shares) and Dhananjaya Rao Boita (2,295 shares).

Key Highlights

  • M&M transferred shares to employees via stock option trust on May 21, 2026.
  • A total of 33,104 equity shares were transferred to 35 employees.
  • The transfer is in compliance with the undertaking given to the Exchanges.
  • Anish Shah received the largest allocation with 15,873 shares.