MAHINDRA & MAHINDRA LTD.

Mahindra & Mahindra Ltd. reported its production, sales, and export figures for May 2026. The company saw varied performance across its vehicle segments. Total production reached 101,141 units, with total sales at 97,653 units and exports at 5,112 units. Key utility vehicle models like Thar, Bolero, and Scorpio showed steady demand, while electric vehicle sales, particularly for the 'Electric Origin SUV' and '3W-Pass Treo Electric', demonstrated significant growth. The company also highlighted sales from its subsidiaries, Mahindra Electric Automobile Limited and Mahindra Last Mile Mobility Limited.

Mahindra & Mahindra Ltd. (M&M Ltd.) reported a 20% YoY growth in overall auto sales for May 2026, with total vehicle sales reaching 99,636 units. Utility Vehicles sales grew by 11% to 58,021 units in the domestic market. Commercial Vehicles sales increased by 19% to 24,079 units. Mahindra's Farm Equipment Business (FEB) announced a 23% YoY growth in domestic tractor sales for May 2026, with 47,845 units sold. Total tractor sales (Domestic + Exports) stood at 49,695 units, a growth of 22% compared to the same period last year.

Mahindra & Mahindra Ltd. announced the incorporation of Mahindra Manulife Insurance Limited (MMIL) as a 50:50 joint venture with Manulife Holdings (Bermuda) Limited. MMIL received its Certificate of Incorporation on May 29, 2026, and aims to offer life insurance products with a focus on policyholder protection and financial solutions, targeting both rural and urban markets. The venture combines Mahindra's distribution reach with Manulife's expertise in product innovation and underwriting.

Mahindra & Mahindra Ltd's board has recommended a dividend of ₹33 (660%) per ordinary share of ₹5 each for the financial year ended March 31, 2026. The dividend payment is subject to shareholder approval at the AGM scheduled for July 30, 2026, and will be paid after July 30, 2026. The company will deduct tax at source (TDS) as per the Income Tax Act, 2025. Shareholders are requested to update their PAN, residential status, and other details with their Depository Participants.

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).

Mahindra & Mahindra Ltd has announced the appointment of Ms. Purnima Lamba as the Chief Brand Officer, effective from September 1, 2026. She will be part of the Senior Management of the Company and will lead the development and execution of the brand and communications strategy. Ms. Lamba brings 25 years of experience from Unilever, where she held senior leadership roles across India, UK, and Netherlands.

Mahindra & Mahindra Ltd has appointed Ms. Purnima Lamba as the Chief Brand Officer, effective from September 1, 2026. She will also be part of the Senior Management of the Company. Ms. Lamba will be responsible for shaping and stewarding the Mahindra Group’s corporate brand and communications strategy, ensuring brand consistency across business verticals, and enhancing brand salience in traditional and digital ecosystems. She brings 25 years of experience from Unilever, where she held senior leadership roles.

Mahindra & Mahindra Ltd. has transferred shares to stock option grantees through the Mahindra & Mahindra Employees’ Stock Option Trust on May 14, 2026, following the exercise of stock options granted under the company's Employees’ Stock Option Scheme. The details of the grantees and the number of shares transferred to each are provided in the filing.

Mahindra & Mahindra Ltd's wholly-owned subsidiary, Mahindra Overseas Investment Company (Mauritius) Limited (MOICML), has sold its remaining 3.58% stake in CIE Automotive S.A (CIE Spain) for approximately EUR 126 million. Following this transaction, MOICML's holding in CIE Automotive S.A. will become Nil, and CIE Spain will no longer be considered an associate of MOICML. The company has uploaded this information on its website and has requested the exchange to record the same as compliance with SEBI LODR Regulations.

Mahindra & Mahindra Ltd. has released its production, sales, and export figures for April 2026. Utility Vehicles sales increased to 26,401 units from 24,481 units in April 2025. Total production for commercial vehicles reached 30,197 units, up from 26,879 units in the previous year. Exports also saw an increase, totaling 5,007 units compared to 3,401 units in April 2025. The sales figures include those from subsidiary companies Mahindra Electric Automobile Limited and Mahindra Last Mile Mobility Limited.