M&M Financial Services Confirms Postal Ballot Success with Detailed Voting Results

2 min read     Updated on 09 Feb 2026, 04:15 PM
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Overview

Mahindra & Mahindra Financial Services Limited successfully concluded its postal ballot process with overwhelming shareholder approval for all four resolutions, including key director appointments and ESOP plan implementation, demonstrating strong corporate governance and stakeholder confidence with detailed voting results filed under regulatory compliance.

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M&M Financial Services has officially confirmed the successful completion of its postal ballot process through a regulatory filing dated 9th February 2026. The company informed BSE and NSE that all four proposed resolutions were approved by shareholders with requisite majority, with voting concluded on 7th February 2026.

Official Regulatory Confirmation

The company filed an update under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming shareholder approval for all resolutions. The filing referenced previous communications dated 28th October 2025, 8th December 2025, and 7th January 2026, providing a complete regulatory timeline.

Parameter: Details
Filing Date: 9th February 2026
Voting Conclusion: 7th February 2026
Total Shareholders on Record: 248,727
Paid-up Share Capital: 1,389,971,160 shares
Overall Voting Turnout: 90.72%

Detailed Resolution Results

The postal ballot covered four key resolutions spanning director appointments and employee stock option plan implementation. All resolutions received overwhelming shareholder support across different categories.

Resolution: Type Votes in Favor Approval Rate
Ms. Padmaja Chunduru Appointment: Special 1,260,518,195 99.96%
Mr. Parag Rao Appointment: Ordinary 1,260,102,079 99.93%
ESOP Plan Implementation: Special 1,176,497,853 93.30%
Trust Funding Provision: Special 1,180,484,619 93.62%

Director Appointment Details

Ms. Padmaja Chunduru (DIN: 08058663) was appointed as Independent Director for a five-year term from 10th November 2025 to 9th November 2030, receiving exceptional shareholder support with only 461,165 votes against out of 1,260,979,360 votes polled. Mr. Parag Rao (DIN: 02436612) was appointed as Non-Executive Director effective 10th December 2025, with 877,265 votes against from the total votes polled.

ESOP Plan Implementation

The 'Mahindra & Mahindra Financial Services Limited - Subsidiary Companies Restricted Stock Units Plan 2026' was approved with 93.30% votes in favor, receiving 1,176,497,853 supporting votes against 84,481,507 opposing votes. The plan covers up to 30,00,000 RSUs constituting 0.22% of paid-up share capital. The fourth resolution regarding provision of money to the Employees' Stock Option Trust for funding equity share subscriptions secured 93.62% approval with 1,180,484,619 votes in favor.

Voting Pattern Analysis

The voting results revealed strong promoter support with 100% approval across all resolutions from the promoter group holding 729,582,599 shares. Public institutional investors showed varied support, with 99.91% and 99.84% approval for director appointments respectively, but lower support of 84.04% and 84.80% for ESOP-related resolutions. Public non-institutional investors maintained consistent high support above 99% for all resolutions.

Compliance and Documentation

The postal ballot was conducted under scrutinizer supervision by Mr. Keyur H Mirani (ACS 26354), ensuring compliance with Companies Act, 2013 and SEBI regulations. The company published required advertisements and provided remote e-voting facility through KFin Technologies Limited. The remote e-voting period commenced on 9th January 2026 and concluded on 7th February 2026, with all regulatory filings and results available on the company's investor relations website.

Historical Stock Returns for M&M Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-3.19%-1.34%+3.78%+43.69%+36.46%+88.85%
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Olympic Management & Financial Services Limited Publishes Q3 FY26 Results in Newspapers

2 min read     Updated on 06 Feb 2026, 03:19 PM
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Reviewed by
Naman SScanX News Team
Overview

Olympic Management & Financial Services Limited published its Q3 FY26 unaudited financial results in Free Press Journal and Navshakti newspapers on 7th February 2026, fulfilling SEBI LODR Regulation 30 compliance requirements. The company reported a significant turnaround with profit of 1.48 lacs in Q3 FY26 compared to losses in previous quarters, demonstrating improved operational performance.

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Olympic Management & Financial Services Limited has published its unaudited financial results for the quarter ended 31st December, 2025 in newspapers on 7th February, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The company submitted newspaper publication compliance documents to the Calcutta Stock Exchange Limited on 7th February, 2026. The financial results were published in the following newspapers:

Publication Details: Information
Publication Date: 7th February, 2026
Newspapers: Free Press Journal, Navshakti
Stock Exchange Code: BSE – 511632, CSE- 025031
Regulation: SEBI (LODR) Regulations, 2015

Financial Performance Overview

The company reported strong quarterly performance with significant improvements across key metrics for Q3 FY26:

Metric: Q3 FY26 (31.12.2025) Q2 FY26 (30.09.2025) Q3 FY25 (31.12.2024)
Revenue from Operations: 4.69 lacs 1.06 lacs 1.13 lacs
Other Income: 1.10 lacs 1.00 lacs 0.91 lacs
Total Income: 5.79 lacs 2.06 lacs 2.04 lacs
Net Profit/(Loss): 1.48 lacs (2.96) lacs (3.76) lacs

The company achieved a remarkable turnaround, posting a profit of 1.48 lacs in Q3 FY26 compared to losses of 2.96 lacs in the previous quarter and 3.76 lacs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine months ended 31st December, 2025, the company showed mixed results:

Parameter: Nine Months FY26 Nine Months FY25 Change
Revenue from Operations: 8.35 lacs 4.26 lacs +96.01%
Total Income: 12.88 lacs 14.89 lacs -13.50%
Net Loss: (5.56) lacs (37.16) lacs Significant improvement

Despite a slight decline in total income, the company substantially reduced its losses, demonstrating improved operational efficiency.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for continuing operations improved to 0.049 for Q3 FY26, compared to negative EPS in previous quarters:

EPS Details: Q3 FY26 Q2 FY26 Q3 FY25
Basic EPS: 0.049 (0.098) (0.013)
Diluted EPS: 0.049 (0.098) (0.013)
Equity Share Capital: 300.66 lacs 300.66 lacs 300.66 lacs

Board Approval and Compliance

The results were reviewed by the Audit Committee and approved by the Board of Directors during their meeting held on 6th February, 2026. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and received a limited review from R.K. Khandelwal & Co., Chartered Accountants. The company operates primarily in a single segment and reported no complaints during the quarter.

Historical Stock Returns for M&M Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-3.19%-1.34%+3.78%+43.69%+36.46%+88.85%
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