Please find attached
Awaiting price reaction for this filing.
Mahindra & Mahindra has informed the stock exchanges that its Employees' Stock Option Trust transferred a total of 13,122 equity shares to 17 employees on 3rd July 2025. These shares were allotted to the grantees as a result of them exercising stock options granted under the company's Employees' Stock Option Scheme. The disclosure was made to comply with the undertaking given to the exchanges at the time of listing these shares. The transfer is purely an internal movement of shares from the Trust to the employees and does not involve any new issuance to the public.
This is a routine ESOP-related disclosure with no material impact on the company's financials or shareholding pattern. Shareholders need not take any action, and the stock price is unlikely to be affected by this news.