Mahindra & Mahindra Financial Services532720ESOP
48,549 equity shares: 48,549 Equity Shares Transferred by ESOP Trust on Exercise of Vested Stock Options
The company's Employees' Stock Option Trust transferred 48,549 equity shares to 17 eligible persons on exercise of vested stock options under the ESOP Scheme 2010 and Restricted Stock Units Plan 2023.
Total equity shares transferred by ESOP Trust
Mahesh Rajaraman32,109
Animesh Chatterjee4,153
Sapna Jain3,264
Vinod Jain1,596
13 others7,427
- Equity Shares Transferred
- 48,549 equity shares
- Number of Recipients
- 17 eligible persons
- Largest Single Allocation
- 32,109 shares to Mahesh Rajaraman
- Plans Involved
- ESOP Scheme 2010 and Restricted Stock Units Plan 2023
- Transfer Date
- 21st September 2026
Who moved Mahindra & Mahindra Financial Services shares?
📌 What happened
The company's Employees' Stock Option Trust transferred 48,549 equity shares in aggregate to eligible persons after they exercised their vested stock options.
The transfers were made under two plans
- Employees' Stock Option Scheme – 2010
- Restricted Stock Units Plan 2023
👥 Who received them
Shares went to 17 eligible persons. Notable allocations include:
- Mahesh Rajaraman – 32,109 shares
- Animesh Chatterjee – 4,153 shares
- Sapna Jain – 3,264 shares
- Vinod Jain – 1,596 shares
🧭 How to read this
Shares here move from the ESOP Trust's existing holding to employees, so this is part of normal employee-compensation administration rather than a business development. Such intimations are made each time vested options are exercised.
More numbers
- Total equity shares transferred by ESOP Trust48,549 equity shares
- Number of eligible persons17
- Shares to Mahesh Rajaraman32,109
- Shares to Animesh Chatterjee4,153
- Shares to Sapna Jain3,264
- Shares to Vinod Jain1,596
Source: BSE · 21 Sep 2026
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