M&M Financial Services has scheduled its 36th Annual General Meeting (AGM) for Tuesday, July 21, 2026, at 3:30 p.m. IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Board of Directors has recommended a dividend of ₹7.50 per equity share, equivalent to 375% on a face value of ₹2 each, for the financial year ended March 31, 2026. The record date for dividend eligibility is fixed as Monday, July 13, 2026, and the payment will be made after the AGM conclusion, subject to shareholder approval.

Key AGM and Dividend Details

The Company has completed the dispatch of the Notice of the 36th AGM and the Integrated Annual Report for FY2026 on Friday, June 26, 2026, via email to registered members. For those without registered email addresses, physical letters containing web links and QR Codes were dispatched on the same date. Members can access these documents on the Company's website and the websites of BSE Limited and National Stock Exchange of India Limited. The following table outlines the critical dates and parameters:

Participation and Voting

Shareholders can participate in the AGM exclusively through the VC/OAVM facility, with attendance counting towards quorum. The facility for remote e-voting is available to members whose names are recorded in the register of members or beneficial owners as on the cut-off date of July 13, 2026. Members may opt for either remote e-voting or voting during the AGM. The results of the e-voting will be declared within two working days of the AGM's conclusion and filed with the stock exchanges.

Compliance and KYC Requirements

Members holding shares in demat form must ensure their KYC details are updated with their Depository Participant. Physical shareholders are required to submit Form ISR-1 to KFin Technologies Limited, the Company's Registrar and Share Transfer Agent, to receive the AGM notice and ensure seamless dividend credit. The Company has also provided a webcast facility for the AGM proceedings.

Mahindra & Mahindra Financial Services Limited reported a 4% reduction in absolute scope emissions for the financial year ended March 31, 2026, according to its Business Responsibility and Sustainability Report (BRSR). The company achieved a significant reduction in Scope 2 emissions by 12% year-on-year and Scope 3 emissions by 43% compared to the baseline values determined in FY2023. SGS India Private Limited provided reasonable assurance for the core indicators and limited assurance for the non-core indicators in the report.

Emissions and Energy

The company recorded Scope 1 emissions of 3,679.35 tCO2e and Scope 2 emissions of 11,545.23 tCO2e for FY2026. While Scope 1 emissions increased by 83% since the FY2023 baseline, the report attributes this to higher employee uptake of car reimbursements and an updated methodology. Scope 3 emissions were reported at 0.318 tCO2e per capita. The company has declared targets with the Science Based Targets Initiative (SBTi) to reduce Scope 1 and Scope 2 emissions by 50.4% and Scope 3 emissions by 58.1% per employee by FY2032.

Total energy consumption for the current financial year was 97,874.96 GJ, with 26.03% sourced from renewable energy. This represents a reduction in grid-based electricity consumption by 10% compared to the previous financial year, supported by the implementation of energy-efficient equipment and an increase in renewable energy procurement.

Financial and Operational Metrics

The company reported a turnover of ₹18,445.59 crore and a net worth of ₹24,758.70 crore for the reporting period. The paid-up capital stood at ₹277.91 crore. Mahindra Finance operates 1,348 office locations across India, serving 27 states and 7 union territories. The company does not engage in exports, contributing zero to the total turnover.

Workforce and Diversity

The total workforce comprised 27,117 employees, including 22,637 permanent employees and 4,480 other than permanent employees. Women represented 5.9% of the total employee strength, an increase from 3.7% in FY2023. The Board of Directors included 2 female members out of 10, representing 20% of the board.

Regulatory Compliance and Governance

During the financial year, the company faced monetary penalties from the Reserve Bank of India (RBI). A penalty of ₹71.30 lakh was levied for non-adherence to certain provisions in relation to the Fair Practice Code (FPC) and KYC norms in an order dated April 25, 2025. Additionally, a penalty of ₹11.50 lakh was imposed for non-adherence to provisions under FPC and Internal Ombudsman in an order dated February 27, 2026. The company stated that it has implemented corrective actions and does not expect these orders to have a material financial impact.

The Corporate Social Responsibility (CSR) Board Sub-Committee oversees the governance and strategic alignment of the company's sustainability objectives. The company has identified eight material topics aligned with Environment, Social, and Governance (ESG) pillars, including Emissions and Climate Change, Human Capital, and Business Ethics.