Mahindra fixes July 3 record date for ₹33 dividend
Mahindra & Mahindra announced July 3, 2026, as the record date for a ₹33 per share dividend, pending approval at the 80th AGM on July 30, 2026. The AGM will be held virtually, with book closure from July 4 to July 30.
*this image is generated using AI for illustrative purposes only.
Mahindra & Mahindra has fixed Friday, July 3, 2026, as the record date to determine members eligible to receive a dividend of ₹33 per share. The dividend, if declared at the upcoming Annual General Meeting, will be paid electronically after July 30, 2026. The payout is proposed for the Financial Year ended March 31, 2026, on Ordinary Shares with a face value of ₹5 each.
The company announced that its Register of Members and Transfer Books will remain closed from Saturday, July 4, 2026, to Thursday, July 30, 2026, for this purpose. Shareholders holding shares in electronic form must be listed as Beneficial Owners by the end of business hours on July 3, 2026. Those holding physical shares must ensure their names appear in the Register of Members by the same deadline, provided valid requests for transmission or transposition are lodged by that date.
80th Annual General Meeting
The 80th Annual General Meeting of the company is scheduled for Thursday, July 30, 2026, at 3:00 p.m. IST. The meeting will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs Circulars and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The venue is deemed to be the Registered Office at Gateway Building, Apollo Bunder, Mumbai.
Members can participate and vote via the e-voting facility, both remotely and during the meeting. The facility for appointing proxies will not be available. The Notice of the AGM and the Integrated Annual Report for Financial Year 2025-26 will be sent electronically to members with registered email addresses and made available on the company website.
Key AGM and Dividend Details
| Event | Date | Details |
|---|---|---|
| Record Date | July 3, 2026 | Dividend eligibility determination |
| Book Closure | July 4, 2026 to July 30, 2026 | Register of Members closed |
| AGM Date | July 30, 2026 | 80th AGM via VC/OAVM |
| Dividend Payment | After July 30, 2026 | ₹33 per share (if declared) |
Compliance and Taxation
The company has mandated that dividend payments will be made electronically using bank details furnished by depositories or the Registrar and Share Transfer Agent, KFin Technologies Limited. Shareholders holding physical shares must ensure their folios are KYC compliant to receive the payout. Dividend income is taxable in the hands of members, and the company will deduct Tax at Source (TDS) at applicable rates.
Historical Stock Returns for Mahindra & Mahindra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.24% | +1.97% | +3.67% | -12.16% | +1.41% | +303.45% |
How will the proposed ₹33 per share dividend impact Mahindra & Mahindra's cash flow and capital allocation plans for FY2027?
What strategic initiatives or growth areas is the company likely to prioritize during the 80th AGM?
How might the dividend announcement influence investor sentiment and stock performance leading up to the record date?
15
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
