Mahindra & Mahindra Transfers 18,844 Equity Shares to 44 Employees Under Stock Option Scheme
Mahindra & Mahindra Limited has transferred 18,844 equity shares from its Employees' Stock Option Trust to 44 stock option grantees on October 28, 2025. Notable recipients include Manoj Chugh (4,384 shares), Gunjan Pandey (1,608 shares), and Ravi Krishnamurthy (1,590 shares). The company has informed multiple stock exchanges about these transfers, including NSE, BSE, Luxembourg Stock Exchange, and London Stock Exchange, in compliance with listing requirements.

*this image is generated using AI for illustrative purposes only.
Mahindra & Mahindra Limited, a leading Indian multinational corporation, has announced the transfer of equity shares from its Employees' Stock Option Trust to 44 stock option grantees. The transfer, which took place on October 28, 2025, is part of the company's Employee Stock Option Scheme.
Key Details of the Share Transfer
- Total Shares Transferred: 18,844
- Number of Recipients: 44 employees
- Date of Transfer: October 28, 2025
Notable Recipients
Some of the significant beneficiaries of this stock option exercise include:
| Name | Number of Options Exercised |
|---|---|
| Ravi Krishnamurthy | 1,590 |
| Vilas Yashwant Paranjape | 553 |
| R Ramaprabhu | 500 |
| Manoj Chugh | 4,384 |
| Gunjan Pandey | 1,608 |
Compliance and Disclosure
In adherence to listing requirements, Mahindra & Mahindra has informed multiple stock exchanges about these transfers, including:
- National Stock Exchange of India (NSE)
- BSE Limited (formerly Bombay Stock Exchange)
- Luxembourg Stock Exchange
- London Stock Exchange
This action demonstrates the company's commitment to transparency and compliance with regulatory standards across various international markets where its shares are listed.
Implications of the Stock Option Exercise
The exercise of stock options by employees is often seen as a positive sign, indicating:
- Alignment of Interests: It helps align the interests of employees with those of shareholders, potentially leading to improved company performance.
- Retention Tool: Stock options can serve as an effective tool for retaining key talent within the organization.
- Employee Motivation: Such schemes can boost employee morale and motivation, as they directly benefit from the company's success.
About Mahindra & Mahindra's Employee Stock Option Scheme
While specific details about the scheme are not provided in the current data, Employee Stock Option Schemes typically allow employees to purchase company shares at a predetermined price. This can be particularly beneficial if the company's stock price increases over time.
Conclusion
This equity share transfer underscores Mahindra & Mahindra's ongoing commitment to employee welfare and aligning employee interests with corporate success. As the company continues to grow and expand its global footprint, such initiatives may play a crucial role in attracting and retaining top talent in a competitive market.
Historical Stock Returns for Mahindra & Mahindra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.90% | -1.16% | +4.71% | +22.13% | +28.70% | +492.42% |















































