Mahindra & Mahindra Ltd.

Mahindra Towers,
Dr. G. M. Bhosale Marg, Worli,
Mumbai 400 018 India
Tel: +91 22 24901441
Fax: +91 22 24975081

REF: NS: SEC:

25th March, 2022

BSE Limited National Stock Exchange of India

Phiroze Jeejeebhoy Towers, Limited
Dalal Street, Fort, "Exchange Plaza", 5th Floor,
Mumbai 400001. Plot No.C/1, G Block
Bandra-Kurla Complex
Bandra (East), Mumbai 400051.

Bourse de Luxembourg London Stock Exchange Plc

Societe de la Bourse de Luxembourg 10 Paternoster Square
Societe Anonyme/R.C.B. 6222, London EC4M 7LS.
B.P. 165, L-2011 Luxembourg.

Sub: Transfer of Equity Shares by Mahindra & Mahindra Employees’

Stock Option Trust to the Stock Option Grantees

In compliance with the undertaking given to the Exchanges at the time of listing
of shares that were allotted to Mahindra & Mahindra Employees’ Stock Option
Trust (“the Trust”), we are enclosing the details of the employees to whom the
shares have been transferred by the Trust on 25th March, 2022, pursuant to the
exercise of the Stock Options granted under the Company’s Employees’ Stock
Option Scheme. The same is marked as Annexure I.

Kindly acknowledge receipt.

Yours faithfully,
For MAHINDRA & MAHINDRA LIMITED

NARAYAN SHANKAR
COMPANY SECRETARY

Encl: a/a

Regd. Office: Gateway Building, Apollo Bunder, Mumbai 400 001, India
Tel: +91 22 22021031|Fax: +91 22 22875485
Email : group.communications@mahindra.com
mahindra.com
CIN No. L65990MH1945PLC004558
 ANNEXURE - I
MAHINDRA & MAHINDRA EMPLOYEES STOCK OPTION TRUST
LIST OF EMPLOYEES WHO HAVE EXERCISED THEIR OPTIONS
Sr. No. Name Total No. of Options exercised
1 Kedar Ranade 259
2 Mukesh Kulshrestha 201
3 Pratap Pandit 1038
4 SANDIP PRIOLKAR 535
5 Vinay Khanolkar 1500
6 Chandrakant Kadam 1107
7 Jai Prakash Chaurasia 996
8 Shreepad Purushottam Kulkarni 236
9 Amar Patil 500
10 Samir Pandit 1084
11 Vilas Lokhande 218
12 Ashutosh Joshi 179
13 S V Kank 360
14 Sudhir Sathe 141
15 Syamal Adhikari 627
16 Abhay Suktankar 184
17 Simon M K 398
18 Hemant Nadkarni 621
19 Salil Chaskar 137
20 Moreshwar Damle 586
21 R U Prabhu 1558
22 Bharat Patil 200
23 C S Rajwade 334
24 S M Kamat 1698
25 Nachiket Kodkani 5403
26 Shriram Joshi 270
27 Bharat Kumbhar 516
28 Paul Ollukkaran 345
29 Niteen Shriram Mathkar 265
30 Dharmesh Raval 626
31 Hemant Pawar 299
32 Rajendra Jangam 385
33 Nagraj Bhat 359
34 M. Ramanikrishnan 4406
35 Y L Kanawade 1136
36 S Kulshreshtha 50
37 Atul Karegaonkar 255
38 Vinodkumar Sonar 239
39 Mahendra Apte 1058
40 V.V. Khot 1715
41 Hrishikesh Mundle 274
42 Paresh Turakhia 270
43 Mangesh Ramakant Nagle 274
44 S.D. Dalvi 300
45 Sanjay Salte 303
46 Pasumarthi Srinivas 904
47 Vikas Nadgir 606
48 P S Shivankar 210
49 Girish Kale 315
50 Sunil Bhatkhande 393
51 Maheshkumar Bhandare 265
52 Kedar Mundle 50
53 Rajakumar Kanagarajan 373
54 Tushar Somoshi 210
55 Satish Divate 513
56 Luna Mohanty 7906
57 Rahul Chemburkar 605
58 Ravindra Jain 114
59 S.K. Deshpande 519
60 K. Raja Rao 200
61 Gundrathi Pradeep Goud 271
62 Davuluri Koteswara Rao 556
63 Kotte Chakravarthy 116
64 Kvs Varma 145
65 Doppalapudi Suresh 103
66 Nilesh Kodand 197
67 Premendra Shirke 188
68 Tom Thomas 662
69 Saurabh Vatsa 2628
70 Harinder Singh 50
71 Varsha Sachin Satam 226
72 Ashish Padhye 442
73 Subbaiah Kunthodira 795
74 Sanjoy Gupta 4089
75 Amrita Welinkar 122
76 B K Rajamohan 307
77 Samir Rawte 1730
78 Rajkumar Bhagate 629
79 Sameer Mudras 686
80 Vivek Telkar 668
81 Sai Ganesh Iyer 668
82 Glory Sequeira 62
83 Amey Chitale 290
84 Dileep Singh 546
85 Jitender Gujral 1392
86 Yogesh Jobanputra 270
87 Arunangshu Roy 632
88 Avadhoot Borade 114
89 Ramesh Yadav 160
 90 Vaibhav Srivastava 254
91 Rajinder Singh 1955
92 Ashish Kumar Shrivastava 200
93 Sanjay Poul 215
94 Yogesh Gandhi 359
95 Swapnil Indulkar 129
96 Sachin Bahl 702
97 Nagaraju Kata 266
98 Rajeev Goyal 6332
99 Hitesh Kumar 245
100 Yogesh Sonawane 132
101 Pankaj More 142
102 Uday Srinivas Chunduru 481
103 Venugopal P 50
104 Rajeshwar Tripathi 1397
105 Parag Kulkarni 250
106 Velayudham N 151
107 Suryanarayanan V 405
108 Krishna Mishra 200
109 John D'sa 652
110 S S Karhade 863
111 Premanand Tikait 50
112 Thirunavukkarasu A 140
113 SUNIL GURSAHANI 614
114 Gorakh Tambe 131
115 Vineet Arora 1684
116 Muthuraman Muthusamy 100
117 Mahendra Bhalerao 612
118 Edwiz Davidson 84
119 Christanand Nandikeshwar 166
120 Suresh Aher 50
121 S. Shankar 142
122 Sachin Kakad 60
123 Nilesh Kharche 130
124 Sanjeev Sharma 1029
125 Sudaman Shinde 59
126 Rajesh Wani 329
127 K Pavan Kishore 138
128 Pravin Bhalerao 142
129 Pawan Tiwari 592
130 Prashant Mestry 331
131 Mahesh Bedre 279
132 Divakar Salian 150
133 Gagandeep Behl 373
134 Preeti Kothari 115
135 Girish Bhangale 138
136 Jibin Paul Kannampilly 252
137 Krishnaraj Palanisamy 271
138 Nilesh Bhor 64
139 Chendil Chellapandi 301
140 Arun Raj S 172
141 Jill Dasani 50
142 Abhishek Gupta 229
143 Nilesh Narkhede 192
144 Abhay Kulkarni 4669
145 Urmila Naik 150
146 Virendra Bheda 704
147 Kesavan G. 280
148 Nilesh Aher 111
149 Vijay Madhav Paradkar 1393
150 Mayank Sehgal 100
151 Sanjay Kulkarni 672
152 Sanjay Sangle 220
153 Ritesh Agrawal 1832
154 Kannan S 374
155 R Balasubramanian 1495
156 Pratap Karande 264
157 Satyabrata Mohanty 187
158 Jignesh Gharte 118
159 Anand Bidre 255
160 Ashwani Verma 268
161 Chandra Rajesh 117
162 Mukul Verma 236
163 Siddhesh Kane 202
164 Tushar Wadekar 162
165 Anand Govilkar 284
166 Rakesh Mehta 189
167 Anirban Goswami 167
168 Amarendra Lenka 193
169 Sarang Jadhav 745
170 Sudheer Balkrishna Sawant 289
171 Umesh Potdar 146
172 Milind Wadke 2972
173 K Ravi 1688
174 Hemant Kshirsagar 50
175 Yogesh Shah 200
176 Nidhish Kuchhal 450
177 Vijay Namdeo Bhapkar 320
178 Vikas Yadav 100
179 L Radhakrishnan 1070
180 Rajeev Malik 662
181 Aniket Mulik 132
182 Parag Deshpande 162
183 Balakrishnam Naidu Chokkapu 68
184 Snehashis Sen 293
185 Michael Ignatius D'souza 273
186 Abhishek Pandharipande 405
187 Atish Mhatre 146
188 Omkar Nabar 415
189 Dhawal Doshi 132
190 Sunil Mittal 100
191 Abhijit Puranik 152
192 Hariharan R 50
193 Harsh Kumar 1500
194 Vijay Lahare 802
195 Harmohan Baweja 166
196 PARVEEN KUMAR 183
197 NARINDER DEWAN 150
198 MUNISH BAHL 100
199 BALWINDER SINGH 112
200 RAJESH KUMAR 44
201 RAJESH GARG 200
202 KARAMVIR SINGH 140
203 RANJIV GOYAL 90
204 SANJAY YADAV 332
205 SANJEEV CHAWLA 354
206 PARDEEP SINGH 533
207 VIKAS MAINGI 251
208 RAVJIT SINGH WALIA 161
209 SARBJIT SINGH 128
210 Udaya Kumar Das 372
211 GURPINDER SINGH 296
212 Vinod Nookala 330
213 Devendra Rane 67
214 Pruthiviraj KR 724
215 Sameer Desai 499
216 Ashish Dixit 324
217 Raj Chatterjee 67
218 Jayant Sardesai 667
219 Arun Kumar Mishra 184
220 Vishal Gulati 120
221 Rushikesh Bhusal 49
222 SREEDHAR UPPALAPATI 126
223 Anup Roy 60
224 Nalini Satpathy 70
225 Deepti Patil 48
226 Aashwin Madan 261
227 Laxmikant Phadnis 526
228 Gaurav Lakhe 122
229 Rohan Sawant 618
230 Asif Eqbal MD 392
231 Rupesh A 330
232 UDIT BHATNAGAR 126
233 Balvir Singh 135
234 Shraddhesh Kumar 140
235 AVIJIT DEY 58
236 Sumit Chakraborty 154
237 Rahul Joshi 94
238 Nitin Soundatte 197
239 Venukumar Rajendran 194
240 YOGARAJA VENKATRAMAN 1000
241 Aniruddha Rajurkar 48
242 Hasan Askari 139
243 Prakash Shanmugam 50
244 Swapnil Joshi 201
245 Suresh Mate 239
246 Amit Kumar Jaiswal 371
247 Pradeep Sonawane 254
248 Mangesh Gawande 58
249 Rajesh Vishnupurikar 105
250 Bijoy Kumar Yatheendranathan 900
251 Bharat Mandavkar 100
252 VINAY KUMAR 625
253 Naitikkumar Patel 218
254 Rohit Kolte 150
255 R. Govindarajan 175
256 Jayanthan Jayaseelan 248
257 Sivaraj S 129
258 Keshari Nandan Kumar 1051
259 Abhay Goyal 63
260 Rajendra Singh 169
261 ARINDRAJIT SAMANTA 331
262 Shriprakash Shukla 22952
263 A Seenivasan 110
264 Rupesh Raut 117
265 Mahesh Deshmukh 134
266 CH V S VINAY Kumar 196
267 Akshata Tinaikar 180
268 SUKHWINDER SINGH 260
269 Arun Prasath G. 98
270 Prajwal Ullal 71
271 Abhinab Mohanty 86
272 SAIKUMAR MEDA 245
273 Venkateswara Rao B 50
274 Madhu Chalumuru 75
275 Golla Srinivasa Rao 148
276 Sukhninder Singh Sidhu 107
277 Nipun Kashyap 32
278 Prakash Barve 118
279 Vijay Kalra 1100
280 Anudeep Kumar 58
281 Sandeep Patil 121
282 Niteen Karve 100
283 Ajay Goyal 55
284 Bhushan Gharat 173
285 PRASHANT SINGH 263
286 Mounis Malik 575
287 Sushma Edwankar 56
288 Kishor Sankhe 730
289 Deepak Vardhan 42
290 Amara Rajesh Gupta 269
291 MAHESH BANSODE 20
292 Debasis Mukherjee 466
293 Umashankar Yadav 263
294 Hanumant Londhe 110
295 Bizili SIG 242
296 Gauri Bhasme 141
297 Vinod Kumar 108
298 Sunil Tharthare 422
299 Nayan Joshi 120
300 Bandi Chand 118
301 Santosh Kumar Pandey 100
302 Tanvi Bhat 148
303 Charukesh Vasudevan 136
304 Rishabh Dev Sharma 100
305 Arun Kushwah 200
306 Shankar Mishra 39
307 Ashutosh Vidwans 1067
308 Vinoth C 125
309 Biju . 407
310 Rakesh Oswal 559
311 Rengarajan A 248
312 Vivek K.V 34
313 Prabhu Raman 100
314 DINESH NARWAY 110
315 Atul Khadke 148
316 Sakthivel Janarthanan 54
317 Samira Mahapatra 144
318 Shailesh Kumar 286
319 Sourabh Abde 101
320 Parikshit Asher 194
321 Rajeev Narang 34
322 Niranjan Hajare 98
323 Murli Manohar Jha 70
324 Ramesh Narayanan 143
325 Sathish G K 371
326 Sitaramayya Vetsa 962
327 Rajeev Biseria 715
328 Shekhar Panwar 134
329 SUSHIL SHARMA 588
330 Pradeep Kumar 842
331 Sudhir Patil 150
332 Anan Patil 56
333 Dinesh Thakare 110
334 Raman Kumar 250
335 Vishnuvardhan Kulkarni 328
336 Naveen Raju 14990
337 Nagesh Sangle 320
338 Udit Suri 312
339 Anoop Kumar 50
340 Atul Srivastava 142
341 Shaukath Esmayil 140
342 Ganesh D 134
343 Manoj Naik 62
344 V V N Chowdary Eedala 138
345 Udaya Bhaskara Manipatruni 606
346 Anshuman Srivastava 57
347 Yogendra Singh 90
348 Amit Sharma 224
349 Vinod Sahay 3952
350 Ankush Kaul 142
351 Mitesh Parikh 260
352 Ritesh Patel 772
353 Prabagar Raja 95
354 Shiva Kumara 150
355 Kommasrikanth . 169
356 Vikram Pawar 116
357 Ramwarun Usulamarthi 131
358 Varsha Chainani 4620
359 Muthukumar S 119
360 ANSUMAN RATH 150
361 Santanu Sinha 3074
362 Trilochan Mishra 135
363 Ruchir Agarwal 294
364 Lakshdeep Kaul 346
365 Jay Phalak 313
366 Pritam Chaudhari 314
367 Pinkeshkumar Patel 71
368 Mohammed Turra 500
369 JOY GURU HALDER 248
370 Abhishek Kar 140
371 Ashwani Kumar 109
372 Imtiyaz Ahmed Shaikh 371
373 Ruka Prasad 345
374 Siddharth Gupta 324
375 Ahfaz Shaikh 137
376 Deependra Sharma 1250
377 Vilas Petkule 586
378 Naresh Kumar 76
379 Vikram Joshi 356
380 Sakthivelan S 800
381 Ajit Ghodekar 146
382 Hrishikesh Chitnis 200
383 Satya Dev Sharma 190
384 Rahul Sharma 214
385 Bishnu Pradhan 278
386 Srivatsa Vani Prasanna Sriperumbudur 400
387 Abhishek Sharma 184
388 Prateek Singhvi 454
389 Jatinder Sareen 461
390 Sudhir Patil 410
391 Sumit Rana 323
392 Ranjan Mishra 955
393 Sanjeev Varma 500
394 Rajendra Dond 500
395 Suresh Tyagi 471
396 Sunil Bhatt 370
397 Lalit Mohan 575
398 Deepa Ranjeet 1005
399 Arpit Jain 616
400 RAJESH PANDE 1192
401 Vikram Garga 1500
402 Sivaramakrishna Challa 500
403 Vineet Kapur 1622
404 Bharat Goenka 700
405 Amit Raje 7630
TOTAL 233611