mahindra & mahindra announced strong sales performance across its business segments for April 2026, with overall auto sales reaching 94,627 vehicles, representing a 14% growth compared to the same period last year. The company's utility vehicles segment performed well, with domestic sales of 56,331 units, an 8% increase, while overall utility vehicle sales including exports stood at 57,833 units.

Automotive Division Performance

The automotive division reported significant growth across multiple categories. In the utility vehicles segment, domestic sales reached 56,331 units compared to 52,330 units in the previous fiscal year. The commercial vehicles segment showed mixed performance, with light commercial vehicles under 2 tons recording 2,984 units (13% growth) and LCVs between 2-3.5 tons reaching 20,443 units (7% growth). Three-wheeler sales demonstrated exceptional growth at 9,899 units, an 81% increase over the previous year.

Farm Equipment Business Growth

The farm equipment business delivered exceptional results with domestic tractor sales reaching 46,404 units in April 2026, compared to 38,516 units in the same period last year, reflecting a 20% year-on-year growth. Total tractor sales, including exports, stood at 48,411 units against 40,054 units in the previous year. Exports for the month reached 2,007 units, showing a 30% growth over the previous year.

Trucks and Buses Business

The trucks and buses business, comprising Mahindra Trucks & Buses division (MTBD) and SML Mahindra Limited (SML), recorded overall sales of 3,011 vehicles in April 2026, an 11% year-on-year growth. The business faced challenges including fiscal year transition, inflationary pressures, and geopolitical uncertainties, according to company executives.

Nalinikanth Gollagunta, CEO of the Automotive Division, noted that the year 2027 began on a positive note with the company achieving significant growth in both SUV and total vehicle sales. Veejay Nakra, President of the Farm Equipment Business, highlighted the strong performance despite the absence of Chaitra Navratri in April this year, unlike the previous year when April included seven Navratri days.

Mahindra & Mahindra Limited has officially launched a comprehensive 100-day campaign called 'Saksham Niveshak' to help shareholders update their KYC details and claim unpaid dividends. The initiative follows a directive from the Investor Education and Protection Fund Authority (IEPFA) and Ministry of Corporate Affairs (MCA) dated March 27, 2026.

Campaign Details and Timeline

The company published newspaper advertisements on April 29, 2026, in Business Standard (English) and Sakal (Marathi), Mumbai editions, to inform shareholders about this important initiative. The campaign officially runs from April 1, 2026, to July 9, 2026, providing shareholders with a structured timeframe to complete their compliance requirements.

Submission Process and Requirements

Shareholders are required to submit duly filled forms and KYC documents through multiple channels. The company has designated KFin Technologies Ltd. as the Registrar and Share Transfer Agent (RTA) for processing these submissions. Shareholders can submit their documents via email at einward.ris@kfintech.com or at KFin's Hyderabad office. Alternatively, documents can be sent directly to the company at investors@mahindra.com .

For shareholders holding shares in dematerialized form, the process differs slightly. These shareholders must contact their respective Depository Participants (DP) to update their KYC information rather than submitting directly to the company or its RTA.

Dividend Recovery and Information Access

The campaign specifically targets shareholders whose dividends have been transferred to the Unpaid Dividend Account. Complete details of such shareholders are available on the company's official website at www.mahindra.com . This transparency allows affected shareholders to easily verify their status and take appropriate action.

Regulatory Compliance and Documentation

The initiative represents Mahindra & Mahindra's compliance with regulatory requirements aimed at protecting investor interests. The company secretary, Sailesh Kumar Daga (FCS: 4164), signed the official communication on April 29, 2026, confirming the company's commitment to the campaign. The notification was sent to both National Stock Exchange of India Limited and BSE Limited, along with international exchanges including Luxembourg Stock Exchange and London Stock Exchange Plc.

Importance of Timely Action

Shareholders are strongly urged to complete the KYC update process before the July 9, 2026 deadline. Failure to comply within the specified timeframe may result in the transfer of shares and dividends to IEPFA, making the recovery process more complex and time-consuming for shareholders.