Mahindra & Mahindra Limited | Integrated Annual Report 2025-26

423 FINANCIAL STATEMENTS | Consolidated Accounts 18. Equity share capital (Continued) (d) Details of Ordinary (Equity) Shares held by promoters in the Company’s Paid-up Share Capital: 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% — 14,30,008 0.11% — 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% — 13,22,21,940 10.63% — M&M Benefit Trust.............................................. 8,44,70,428 6.79% — 8,44,70,428 6.79% — Leena S Labroo..................................................... 15,61,166 0.13% — 15,61,166 0.13% — Uma R Malhotra.................................................... 15,50,164 0.12% — 15,50,164 0.12% — Yuthica Mahindra Family Trust................... 9,92,638 0.08% — 9,92,638 0.08% — Kema Services International Private Limited......................................................................... 7,34,832 0.06% — 7,34,832 0.06% — Yuthica Keshub Mahindra............................... 6,44,744 0.05% — 6,44,744 0.05% — Anuradha Mahindra............................................. 4,57,090 0.04% — 4,57,090 0.04% — Chetan Varde.......................................................... 3,74,800 0.03% — 3,74,800 0.03% — Sanjay Labroo......................................................... 2,89,440 0.02% — 2,89,440 0.02% — Anjali K Mahindra................................................. 1,72,962 0.01% — 1,72,962 0.01% (0.01%) Nisheeta Labroo.................................................... 1,70,500 0.01% — 1,70,500 0.01% — Aneesha Labroo.................................................... 1,70,000 0.01% — 1,70,000 0.01% — Radhika Nath.......................................................... 93,616 0.01% — 93,616 0.01% — Deepak Varde.......................................................... 88,720 0.01% — 88,720 0.01% — Marthand Singh Mahindra.............................. 70,000 0.01% — 70,000 0.01% 0.00% Dhruv S Sharma................................................... 30,000 0.00% — 30,000 0.00% — Deveshwar Jagat Sharma.............................. 30,000 0.00% — 30,000 0.00% — Kabir Malhotra....................................................... 10,000 0.00% — 10,000 0.00% — Anjali Malhotra......................................................... 10,000 0.00% — 10,000 0.00% — Gautam P Khandelwal........................................ 4,600 0.00% — 4,600 0.00% — Anuja P Sharma.................................................... — — 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 Schemes of Arrangement without payment having been received in cash. 19. Details of proposed dividend Particulars 2026 2025 Proposed dividend per equity share (Rs.) ............................................................................................................................................................................ 33.00 25.30

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