Mahindra & Mahindra Employees Exercise 1.03 Lakh ESOP Shares – February 2026
Mumbai, Maharashtra: Mahindra & Mahindra Limited has announced the successful transfer of 103,715 equity shares to employees under its Employees’ Stock Option Scheme (ESOP). The shares were transferred on 16th February 2026 by the Mahindra & Mahindra Employees’ Stock Option Trust to eligible stock option grantees.
The move follows the company’s commitment to rewarding employee performance and aligning the workforce with shareholder interests. The exercise of stock options reflects M&M’s focus on employee engagement, retention, and wealth creation.
The transfer includes participation from a broad range of employees, with notable grantees exercising substantial options:
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Amit Kumar Sinha: 37,314 options
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Amarjyoti Barua: 15,651 options
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M S Parab: 5,969 options
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Puneet Renjhen: 7,384 options
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Suman Mishra: 2,953 options
The ESOP exercise is part of M&M’s long-standing initiative to provide employees an opportunity to share in the company’s growth while promoting a culture of ownership. The company has informed the BSE, NSE, Luxembourg Stock Exchange, and London Stock Exchange regarding this transfer in compliance with regulatory requirements.
This latest ESOP transfer demonstrates Mahindra & Mahindra’s commitment to employee participation in long-term value creation and its continued strategy to attract and retain top talent across the organization.