News Corporate Actions M&M Financial Services Transfers 7,458 Equity Shares to Employees Under ESOP SchemesM&M Financial Services Transfers 7,458 Equity Shares to Employees Under ESOP Schemes
Mahindra & Mahindra Financial Services Limited transferred 7,458 equity shares from its ESOP Trust to 10 eligible employees on February 12, 2026, under two stock option schemes. The largest individual allocation was 2,131 shares to Dinesh Prajapati, while the smallest was 64 shares to Munish Arora. The company has notified both BSE and NSE about this employee stock option exercise through proper regulatory channels.
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M&M Financial Services has completed the transfer of 7,458 equity shares from its Employees' Stock Option Trust to eligible employees on February 12, 2026. The transfer represents the exercise of vested stock options by employees under the company's employee stock option schemes.
ESOP Transfer Details
The share transfer was executed under two distinct employee stock option schemes operated by the company. The eligible employees exercised their vested stock options under the Mahindra Financial Services Limited Employees' Stock Option Scheme – 2010 and the Mahindra & Mahindra Financial Services Limited – Restricted Stock Units Plan 2023.
Employee Allocation Breakdown
The 7,458 equity shares were distributed among 10 eligible employees with varying allocations based on their vested stock options:
| Employee Name: | Shares Allocated |
|---|---|
| Aruna Kumar Poojary | 1,293 |
| Basant Sinha | 994 |
| Dharmesh Vakharia | 768 |
| Dinesh Prajapati | 2,131 |
| Khalid Khan | 898 |
| Munish Arora | 64 |
| Sachin Thamke | 360 |
| Sharad Ghoderao | 644 |
| Sunil Yadav | 148 |
| Sunita Pawar | 158 |
| Total | 7,458 |
Dinesh Prajapati received the largest allocation of 2,131 shares, while Munish Arora received the smallest allocation of 64 shares among the beneficiaries.
Regulatory Compliance
The company has formally notified both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this share transfer. Company Secretary Brijbala Batwal signed the intimation letter, ensuring compliance with regulatory requirements for such corporate actions. The notification includes detailed information about each eligible employee and their respective share allocations for transparency and record-keeping purposes.
Historical Stock Returns for M&M Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.12% | -3.16% | +2.80% | +41.45% | +35.32% | +81.82% |
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