Mahindra & Mahindra Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 31, 2025
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Mahindra & Mahindra has notified the exchanges about its 79th Annual General Meeting scheduled for July 31, 2025 at 3:00 PM IST, to be held via video conferencing. The company has released its Integrated Annual Report for FY 2024-25, reporting consolidated revenue of ₹1,59,211 crore (up 14% YoY) and profit after tax of ₹12,929 crore (up 15% YoY). On a standalone basis, revenue grew 17% to ₹1,18,625 crore with PAT of ₹11,855 crore (up 11% YoY). The AGM agenda includes adoption of financial statements, declaration of dividend, re-appointment of directors including Rajesh Jejurikar and Anand Mahindra, revision of Chairman's remuneration, and approval of material related party transactions with Mahindra Electric Automobile Limited and other subsidiaries. The company also launched its Electric Origin SUVs (BE 6 and XEV 9e) during the year, achieving a record 30,179 bookings on Day 1.
The strong FY25 financial performance with double-digit revenue and profit growth signals healthy business momentum, while the dividend declaration agenda item is positive for shareholders seeking income. The revision in Chairman's remuneration and related party transactions are governance matters for shareholder approval, with the AGM outcome likely to be procedural and well-supported given the company's strong performance.