Mahindra & Mahindra Limited | Integrated Annual Report 2025-26

Integrated Annual Report 2025-26 336 16. Equity share capital (contd.) Name of the Shareholder 2026 2025 No. of Shares Shareholding % No. of Shares Shareholding % Prudential Management and Services Private Limited................................................ 13,22,21,940 10.63 13,22,21,940 10.63 M&M Benefit Trust ............................................................................................................................... 8,44,70,428 6.79 8,44,70,428 6.79 Life Insurance Corporation of India .......................................................................................... 7,82,69,976 6.29 8,84,69,169 7.11 d. Details of Ordinary (Equity) Shares held by Promoters and Promoter group : Name of the Promoters 2026 2025 No. of Shares Shareholding % % Change during the year No. of Shares Shareholding % % Change during the year Promoters: Anand Mahindra ..................................................................... 14,30,008 0.11% 0.00% 14,30,008 0.11% 0.00% Sub Total (A) .......................................................................... 14,30,008 0.11% 14,30,008 0.11% Promoter Group: Prudential Management and Services Private limited............................................................................................. 13,22,21,940 10.63% 0.00% 13,22,21,940 10.63% 0.00% M&M Benefit Trust................................................................. 8,44,70,428 6.79% 0.00% 8,44,70,428 6.79% 0.00% Leena S Labroo........................................................................ 15,61,166 0.13% 0.00% 15,61,166 0.13% 0.00% Uma R Malhotra....................................................................... 15,50,164 0.12% 0.00% 15,50,164 0.12% 0.00% Yuthica Mahindra Family Trust...................................... 9,92,638 0.08% 0.00% 9,92,638 0.08% 0.00% Kema Services International Private Limited...... 7,34,832 0.06% 0.00% 7,34,832 0.06% 0.00% Yuthica Keshub Mahindra.................................................. 6,44,744 0.05% 0.00% 6,44,744 0.05% 0.00% Anuradha Mahindra................................................................ 4,57,090 0.04% 0.00% 4,57,090 0.04% 0.00% Chetan Varde............................................................................. 3,74,800 0.03% 0.00% 3,74,800 0.03% 0.00% Sanjay Labroo............................................................................ 2,89,440 0.02% 0.00% 2,89,440 0.02% 0.00% Anjali K Mahindra.................................................................... 1,72,962 0.01% 0.00% 1,72,962 0.01% -0.01% Nisheeta Labroo....................................................................... 1,70,500 0.01% 0.00% 1,70,500 0.01% 0.00% Aneesha Labroo....................................................................... 1,70,000 0.01% 0.00% 1,70,000 0.01% 0.00% Radhika Nath............................................................................. 93,616 0.01% 0.00% 93,616 0.01% 0.00% Deepak Varde............................................................................. 88,720 0.01% 0.00% 88,720 0.01% 0.00% Marthand Singh Mahindra................................................. 70,000 0.01% 0.00% 70,000 0.01% 0.00% Dhruv S Sharma...................................................................... 30,000 0.00% 0.00% 30,000 0.00% 0.00% Deveshwar Jagat Sharma................................................. 30,000 0.00% 0.00% 30,000 0.00% 0.00% Kabir Malhotra.......................................................................... 10,000 0.00% 0.00% 10,000 0.00% 0.00% Anjali Malhotra.......................................................................... 10,000 0.00% 0.00% 10,000 0.00% 0.00% Gautam P Khandelwal........................................................... 4,600 0.00% 0.00% 4,600 0.00% 0.00% Anuja P Sharma....................................................................... — 0.00% 0.00% 1,350 0.00% 0.00% Sub Total (B) .......................................................................... 22,41,47,640 18.03% 22,41,48,990 18.03% Total (A+B) ............................................................................... 22,55,77,648 18.14% 22,55,78,998 18.14% e. For the period of preceding five years as on the Balance Sheet date, Issued, Subscribed and Paid-up Share Capital includes: During the year ended 31st March, 2023, aggregate of 3,36,287 Ordinary (Equity) Shares of Rs. 5 each allotted as fully paid-up pursuant to Scheme of Arrangement without payment being received in cash.

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