Mahindra & Mahindra Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NSEI:M&M Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
16 Dec 24	Sell₹9,856,070	Rajesh Jejurikar	Individual	3,200	₹3,080.02
16 Dec 24	Sell₹1,545,000	Shriprakash Shukla	Individual	500	₹3,090.00
13 Dec 24	Sell₹1,679,715	Ashutosh Vidwans	Individual	545	₹3,082.05
11 Dec 24	Sell₹12,400,000	Hemant Sikka	Individual	4,000	₹3,100.00
10 Dec 24	Sell₹1,476,629	Ruka Prasad	Individual	486	₹3,038.33
06 Dec 24	Sell₹10,180,966	Rajesh Jejurikar	Individual	3,300	₹3,085.14
06 Dec 24	Sell₹4,936,000	Naveen Kollaickal	Individual	1,600	₹3,085.00
05 Dec 24	Sell₹35,312,065	Puneet Renjhen	Individual	11,497	₹3,071.42
05 Dec 24	Sell₹8,416,055	Amarjyoti Barua	Individual	2,773	₹3,035.00
03 Dec 24	Sell₹1,514,500	Shriprakash Shukla	Individual	500	₹3,029.00
29 Nov 24	Sell₹2,239,692	Vetsa Sitaramayya	Individual	750	₹3,027.65
28 Nov 24	Sell₹12,237,433	Kairas Vakharia	Individual	4,100	₹2,984.74
22 Nov 24	Sell₹10,318,694	Vijay Nakra	Individual	3,500	₹2,948.20
22 Nov 24	Sell₹3,564,000	Vikram Wagh	Individual	1,200	₹2,970.00
22 Nov 24	Sell₹1,505,000	Shriprakash Shukla	Individual	500	₹3,010.00
22 Nov 24	Sell₹1,604,128	Ruka Prasad	Individual	534	₹3,003.98
19 Nov 24	Sell₹2,942,889	Sanjay Jadhav	Individual	1,000	₹2,962.20
19 Nov 24	Sell₹23,541,965	Amarjyoti Barua	Individual	8,000	₹2,942.75
19 Nov 24	Sell₹8,885,000	Vikram Wagh	Individual	3,000	₹2,961.67
18 Nov 24	Sell₹8,588,896	Vikram Wagh	Individual	3,000	₹2,862.97
30 Sep 24	Sell₹11,316,460	Sanjiv Anand	Individual	3,636	₹3,112.34
30 Sep 24	Sell₹6,269,423	Sanjay Jain	Individual	2,000	₹3,177.42
27 Sep 24	Sell₹1,598,451	Anusha Kothandaraman	Individual	501	₹3,190.52
26 Sep 24	Sell₹3,164,850	Amit Desai	Individual	1,000	₹3,164.85
26 Sep 24	Sell₹9,162,336	Sandip Kulkarni	Individual	3,000	₹3,054.11
26 Sep 24	Sell₹4,022,550	Rajiv Gupta	Individual	1,277	₹3,150.00
26 Sep 24	Sell₹1,856,762	Ashutosh Goel	Individual	600	₹3,176.00
25 Sep 24	Sell₹3,100,000	Yogesh Gandhi	Individual	1,000	₹3,100.00
24 Sep 24	Sell₹6,748,003	Shriprakash Shukla	Individual	2,202	₹3,064.49
24 Sep 24	Sell₹3,702,000	Jalaj Gupta	Individual	1,200	₹3,085.00
23 Sep 24	Sell₹1,488,919	Ritesh Agrawal	Individual	500	₹3,017.50
23 Sep 24	Sell₹2,981,375	Vetsa Sitaramayya	Individual	1,000	₹2,981.37
23 Sep 24	Sell₹1,805,550	Somesh Dravid	Individual	600	₹3,009.25
23 Sep 24	Sell₹3,028,000	Ravindra Shahane	Individual	1,000	₹3,028.00
23 Sep 24	Sell₹1,717,600	Santanu Sinha	Individual	565	₹3,040.00
23 Sep 24	Sell₹2,366,864	Shankar Rangarajan	Individual	800	₹3,030.00
23 Sep 24	Sell₹151,265	Bharati Dharadhar	Individual	50	₹3,025.30
23 Sep 24	Sell₹4,531,341	Neeraj Bhalla	Individual	1,500	₹3,020.89
20 Sep 24	Sell₹12,611,743	Rajesh Jejurikar	Individual	4,400	₹2,866.31
20 Sep 24	Sell₹2,935,000	Piyush Kaushik	Individual	1,000	₹2,935.00
20 Sep 24	Sell₹1,458,243	Surojit Kundu	Individual	500	₹2,916.49
19 Sep 24	Sell₹1,425,000	Rajesh Jejurikar	Individual	500	₹2,850.00
16 Sep 24	Sell₹10,268,050	Rajesh Jejurikar	Individual	3,700	₹2,775.15
30 Aug 24	Sell₹8,437,980	Somesh Dravid	Individual	3,000	₹2,812.66
27 Aug 24	Buy₹2,797	K. Pandian	Individual	1	₹2,797.00
26 Aug 24	Sell₹2,793,851	Neeraj Bhalla	Individual	1,000	₹2,793.85
23 Aug 24	Sell₹992,520	Bharat Goenka	Individual	360	₹2,757.00
22 Aug 24	Buy₹3,699,596	Anuja Sharma	Individual	1,350	₹2,740.44
21 Aug 24	Sell₹4,427,153	Nagendra Pansare	Individual	1,600	₹2,787.88
19 Aug 24	Sell₹2,768,203	Ashutosh Vidwans	Individual	990	₹2,796.16
16 Aug 24	Sell₹3,258,942	Ashutosh Vidwans	Individual	1,150	₹2,833.86
16 Aug 24	Sell₹8,477,160	Somesh Dravid	Individual	3,000	₹2,825.72
16 Aug 24	Sell₹282,000	Mukund Paranjape	Individual	100	₹2,820.00
14 Aug 24	Sell₹1,372,077	Ashutosh Vidwans	Individual	500	₹2,754.00
09 Aug 24	Sell₹1,638,678	Ashutosh Vidwans	Individual	600	₹2,737.53
06 Aug 24	Sell₹3,358,933	Rakesh Pawaskar	Individual	1,225	₹2,741.99
28 Jun 24	Sell₹4,634,010	Satish Karandikar	Individual	1,613	₹2,872.91
28 Jun 24	Sell₹1,146,807	Shikhar Biswas	Individual	400	₹2,867.02
27 Jun 24	Sell₹3,198,760	Samir Rawte	Individual	1,124	₹2,845.87
26 Jun 24	Sell₹211,056,796	Anish Shah	Individual	73,477	₹2,872.42
25 Jun 24	Sell₹5,813,500	Harish Chavan	Individual	2,000	₹2,906.75
24 Jun 24	Sell₹22,192,014	Naveen Kollaickal	Individual	7,600	₹2,920.00
24 Jun 24	Sell₹4,312,326	Hemant Thopte	Individual	1,502	₹2,889.92
24 Jun 24	Sell₹1,615,860	Ninad Butala	Individual	564	₹2,865.00
20 Jun 24	Sell₹4,314,000	Nozar Bharucha	Individual	1,500	₹2,876.00
18 Jun 24	Sell₹595,028	Vikram Joshi	Individual	200	₹2,975.14
14 Jun 24	Sell₹75,408,302	Puneet Renjhen	Individual	26,000	₹2,900.32
13 Jun 24	Sell₹2,583,000	Yogesh Gandhi	Individual	900	₹2,870.00
13 Jun 24	Sell₹2,810,000	Tom Thomas	Individual	1,000	₹2,810.00
12 Jun 24	Sell₹141,197,566	Anjali Mehra	Individual	50,000	₹2,823.95
07 Jun 24	Sell₹4,760,840	Rasesh Joshi	Individual	1,735	₹2,744.00
05 Jun 24	Sell₹1,457,797	R. Shankar	Individual	550	₹2,704.80
05 Jun 24	Sell₹8,174,400	Shriprakash Shukla	Individual	3,000	₹2,724.80
05 Jun 24	Sell₹1,362,551	Sanjay Jadhav	Individual	500	₹2,725.10
05 Jun 24	Sell₹21,951,917	Rajesh Jejurikar	Individual	8,200	₹2,677.06
05 Jun 24	Sell₹1,715,625	Samir Rawte	Individual	625	₹2,745.00
04 Jun 24	Sell₹2,597,184	Rajesh Jejurikar	Individual	1,002	₹2,592.00
03 Jun 24	Sell₹5,292,000	Shriprakash Shukla	Individual	2,000	₹2,646.00
31 May 24	Sell₹2,024,000	Yatinder Nath	Individual	800	₹2,530.00
31 May 24	Sell₹1,005,201	K. Pandian	Individual	400	₹2,516.65
27 May 24	Buy₹2,561	K. Pandian	Individual	1	₹2,561.00
27 May 24	Sell₹1,540,711	K. Pandian	Individual	600	₹2,567.85
24 May 24	Sell₹51,335,274	Anjali Mehra	Individual	20,000	₹2,592.36
23 May 24	Sell₹6,660,251	Ashish Lath	Individual	2,593	₹2,568.55
23 May 24	Sell₹12,940,300	Marthand Mahindra	Individual	5,000	₹2,588.06
22 May 24	Sell₹2,763,458	Ashutosh Vidwans	Individual	1,100	₹2,514.56
22 May 24	Sell₹2,516,619	Rajashree Ansurkar	Individual	1,000	₹2,523.85
22 May 24	Sell₹7,258,700	Edwiz Davidson	Individual	2,900	₹2,503.00
21 May 24	Sell₹864,347	Dhananjaya Boita	Individual	350	₹2,469.56
21 May 24	Sell₹24,504,952	Rajesh Jejurikar	Individual	9,900	₹2,475.25
21 May 24	Sell₹2,495,250	Ravindra Shahane	Individual	1,000	₹2,495.25
21 May 24	Sell₹10,411,379	Rajeshwar Tripathi	Individual	4,200	₹2,478.90
21 May 24	Sell₹2,002,400	Vetsa Sitaramayya	Individual	800	₹2,503.00
21 May 24	Sell₹1,736,000	Samir Khachane	Individual	700	₹2,480.00
21 May 24	Sell₹1,263,000	Jayeshkumar Lad	Individual	500	₹2,526.00
22 Mar 24	Sell₹1,968,905	Shriprakash Shukla	Individual	1,039	₹1,895.00
12 Mar 24	Sell₹5,606,117	Shriprakash Shukla	Individual	2,961	₹1,893.32
11 Mar 24	Sell₹3,795,204	Shriprakash Shukla	Individual	2,000	₹1,897.60
06 Mar 24	Sell₹2,897,855	Vetsa Sitaramayya	Individual	1,500	₹1,963.21
05 Mar 24	Sell₹1,946,000	Harish Chavan	Individual	1,000	₹1,946.00
01 Mar 24	Sell₹3,190,934	Satish Karandikar	Individual	1,613	₹1,978.26
01 Mar 24	Sell₹2,927,572	Adinarayanappa Narayanaswamy	Individual	1,500	₹1,951.71
28 Feb 24	Sell₹5,814,087	Nachiket Kodkani	Individual	3,000	₹1,938.03
26 Feb 24	Sell₹4,541,355	Nasir Deshmukh	Individual	2,340	₹1,940.75
20 Feb 24	Sell₹1,190,150	Sanjay Jadhav	Individual	650	₹1,831.00
20 Feb 24	Sell₹3,694,891	Bhuwan Lodha	Individual	2,000	₹1,850.00
19 Feb 24	Sell₹296,208	Sanjay Gawde	Individual	160	₹1,851.30
19 Feb 24	Sell₹1,377,038	Vetsa Sitaramayya	Individual	750	₹1,836.05
19 Feb 24	Sell₹1,221,000	Santanu Sinha	Individual	660	₹1,850.00
29 Dec 23	Sell₹774,955	Dhananjaya Boita	Individual	450	₹1,747.48
28 Dec 23	Sell₹544,510	Prabhakar V.	Individual	325	₹1,733.36
28 Dec 23	Sell₹859,500	Deven Maskara	Individual	500	₹1,719.00
28 Dec 23	Sell₹6,735,147	Naveen Chopra	Individual	3,899	₹1,727.40
28 Dec 23	Sell₹1,715,652	Yatinder Nath	Individual	1,000	₹1,715.65
28 Dec 23	Sell₹3,464,700	Rajeshwar Tripathi	Individual	2,000	₹1,732.35
27 Dec 23	Sell₹5,013,033	Nachiket Kodkani	Individual	3,000	₹1,671.01
27 Dec 23	Sell₹1,679	M. Ramanikrishan	Individual	1	₹1,679.00

Insider Trading Volume

Insider Buying: M&M insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of M&M?
Owner Type	Number of Shares	Ownership Percentage
State or Government	3,733,195	0.335%
Individual Insiders	10,491,591	0.941%
Employee Share Scheme	127,609,554	11.4%
Private Companies	133,949,410	12%
General Public	149,649,648	13.4%
Institutions	689,342,374	61.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 69.7% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.9%	Prudential Management & Services Pvt. Ltd	132,221,940	₹384.3b	0%	no data
7.69%	Life Insurance Corporation of India, Asset Management Arm	85,728,623	₹249.2b	7.45%	1.73%
7.58%	M&M Benefit Trust	84,470,428	₹245.5b	0%	no data
5%	Mitsubishi UFJ Asset Management Co., Ltd.	55,773,200	₹162.1b	0%	1.06%
4.57%	SBI Funds Management Limited	50,942,605	₹148.1b	4.19%	1.92%
3.87%	Mahindra & Mahindra Ltd., ESOP	43,139,126	₹125.4b	-0.98%	100.0%
3.57%	BlackRock, Inc.	39,839,766	₹115.8b	-1.94%	0.02%
2.81%	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	31,349,492	₹91.1b	0%	0.27%
2.67%	Temasek Holdings (Private) Limited	29,819,406	₹86.7b	1.35%	0.9%
1.92%	First Sentier Investors (Australia) IM Ltd	21,454,877	₹62.4b	0%	2.18%
1.76%	HDFC Pension Management Company Limited	19,598,121	₹57.0b	-1.91%	64.02%
1.49%	UTI Asset Management Company Limited	16,611,154	₹48.3b	1.39%	1.86%
1.42%	Norges Bank Investment Management	15,813,547	₹46.0b	-8.47%	0.04%
1.37%	Axis Asset Management Company Limited	15,295,775	₹44.5b	0%	2.11%
1.35%	HDFC Asset Management Company Limited	15,000,230	₹43.6b	-3.96%	0.94%
1.3%	ICICI Prudential Asset Management Company Limited	14,465,957	₹42.0b	0%	0.75%
1.27%	Kuwait Investment Authority	14,167,841	₹41.2b	1.13%	1.66%
1.25%	Dimensional Fund Advisors LP	13,931,563	₹40.5b	0.01%	0.07%
1.2%	RBC Global Asset Management Inc.	13,324,304	₹38.7b	-1.02%	0.29%
1.16%	SBI Life Insurance Company Limited, Asset Management Arm	12,928,560	₹37.6b	-2.94%	6.24%
1.14%	The Vanguard Group, Inc.	12,734,596	₹37.0b	-51.5%	0.01%
1.1%	Aditya Birla Sun Life AMC Limited	12,209,331	₹35.5b	13.5%	1.97%
0.81%	Nippon Life India Asset Management Limited	9,006,827	₹26.2b	18.6%	0.68%
0.78%	First Sentier Investors (UK) IM Limited	8,675,208	₹25.2b	-4%	7.19%
0.76%	JP Morgan Asset Management	8,444,543	₹24.5b	-1.43%	0.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 23:55
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mahindra & Mahindra Limited is covered by 81 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jinesh Gandhi	Ambit Capital
null null	Anand Rathi Shares and Stock Brokers Limited
Rohan Korde	Anand Rathi Shares and Stock Brokers Limited