Mahindra & Mahindra Financial Services Limited has announced the outcome of its Board of Directors meeting held on April 24, 2026, where the company approved audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The Board meeting commenced at 2:41 p.m. IST and concluded at 4:55 p.m. IST, with financial results receiving approval during the session.

Board Resolutions and Dividend Recommendation

The Board has recommended a dividend of ₹7.50 per equity share of face value ₹2 each, representing 375% of face value, for the financial year ended March 31, 2026. This dividend recommendation is subject to approval at the Annual General Meeting scheduled for Tuesday, July 21, 2026. The dividend payment will be made through permitted modes after AGM approval to eligible shareholders whose names appear as beneficial owners as of the close of business on Monday, July 13, 2026 (record date).

Financial Results and Regulatory Compliance

The company has submitted audited standalone and consolidated financial results along with unmodified audit reports from joint statutory auditors M M NISSIM & CO LLP and M. P. Chitale & Co. The Managing Director & CEO has provided a declaration confirming that the joint statutory auditors issued audit reports with unmodified opinions for both standalone and consolidated financial results.

Documentation and Disclosures

As part of regulatory compliance under SEBI Listing Regulations, the company has enclosed several documents including audited financial results, unmodified audit reports, CEO declaration, details of outstanding qualified borrowings for FY 2026, and extract of newspaper publication in prescribed format. The results will be published in print and electronic versions of newspapers containing Quick Response code and webpage details for accessing complete results.

Audit Process and Compliance

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, and relevant RBI guidelines. The audit was conducted by joint statutory auditors who have issued unmodified audit opinions on both standalone and consolidated financial statements, confirming compliance with applicable accounting standards and regulatory requirements.

Source: None/Company/INE774D01024/260024db855e4b38.pdf

The board of directors of Mahindra & Mahindra Financial Services has recommended a dividend payment of Rs 7.50 per share to its shareholders and announced the record date for dividend entitlement. The company has set July 13, 2026 as the record date for dividend payment, with the Annual General Meeting scheduled for July 21, 2026.

Dividend Payment Schedule

The dividend recommendation of Rs 7.50 per equity share represents 375% of the face value of Rs 2 each for the financial year ended March 31, 2026. The payment process follows a structured timeline with specific dates for shareholder entitlement and approval.

Record Date and AGM Details

Shareholders whose names appear in the company's records on July 13, 2026 will be entitled to receive the dividend payment, subject to approval at the 36th Annual General Meeting. The AGM is scheduled for July 21, 2026, where shareholders will vote on the dividend proposal.

The dividend payment will be processed after July 21, 2026, contingent upon shareholder approval at the AGM. This timeline ensures proper regulatory compliance and shareholder participation in the dividend approval process.

Regulatory Compliance

The record date intimation has been filed under Regulation 42 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company has notified both BSE and NSE about the dividend schedule and record date arrangements.

The dividend recommendation underscores Mahindra & Mahindra Financial Services' commitment to returning value to shareholders while maintaining regulatory transparency and proper governance procedures.