You can view the shareholding pattern for the latest three quarters for the company
under two broad categories (Promoter & Non Promters).
Shareholding Pattern as on
30/09/2025
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(A) Promoter & Promoter Group | 4 | 342,699,332 | 342,699,332 | 34.98 | 34.90 | 342,699,332 | (B) Public | 766,778 | 636,862,971 | 636,862,971 | 65.02 | 65.10 | 636,322,909 | (C1) Shares underlying DRs | 0 | 0 | 0 | 0.00 | 0.00 | 0 | (C2) Shares held by Employee Trust | 0 | 0 | 0 | 0.00 | 0.00 | 0 | (C) Non Promoter-Non Public | 0 | 0 | 0 | 0.00 | 0.00 | 0 |
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Any Other (specify) | 3 | 342,456,428 | 0 | 342,456,428 | 34.96 | 342,456,428 | Mahindra & Mahindra Limited | 1 | 248,022,598 | 0 | 248,022,598 | 25.32 | 248,022,598 | TML Benefit Trust Through Amarjyoti Barua | 1 | 94,235,629 | 0 | 94,235,629 | 9.62 | 94,235,629 | Mahindra Holdings Ltd | 1 | 198,201 | 0 | 198,201 | 0.02 | 198,201 | 2 x 2 Logistics Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Anthurium Developers Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Blue Planet Integrated Waste Solutions Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone India Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Carnot Technologies Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Classic Legends Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Deep Mangal Developers Private Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | Furies Solren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Gables Promoters Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Gelos Solren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Gromax Agri Equipment Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Guestline Hospitality Management and Developement Services Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Hazel Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Illuminate Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Industrial Township (Maharashtra) Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Jade Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Knowledge Township Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Kota Farms Services Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Kyros Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Layer Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Lords Freight (India) Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | M.I.T.R.A Agro Equipments Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra & Mahindra Contech Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra & Mahindra Financial Services Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Accelo Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Advanced Technlogies Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Aerospace Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Aerostructures Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Agri Solutions Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Airways Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Auto Steel Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Bloomdale Developers Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Construction Company Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Defence Systems Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Electric Automobile Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Electrical Steel Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra eMarket Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra EPC Irrigation Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Finance CSR Foundation | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra First Choice Wheels Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Fruits Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Happinest Developers Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Holidays & Resorts Harihareshwar Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Holidays & Resorts India Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Homes Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Hotels and Residences India Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra HZPC Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Industrial Park Chennai Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Industrial Park Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Infrastructure Developers Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Insurance Brokers Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Integrated Business Solutions Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Knowledge Park Mohali Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Last Mile Mobility Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Lifespace Developers Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Logistics Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Manulife Investment Management Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Manulife Trustee Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra MSTC Recycling Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Rural Housing Finance Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Solarize Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Steel Service Centre Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Summit Agriscience Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Sustainable Energy Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Susten Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Telephonics Integrated Systems Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Teqo Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Top Greenhouses Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Water Utilities Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra World City (Jaipur) Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra World City (Maharashtra) Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra World City Developers Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Martial Solren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Marvel Solren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Migos Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mitsubishi Mahindra Agricultural Machinery co., Ltd. | 0 | 0 | 0 | 0 | 0.00 | 0 | MLL Express Services Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | MLL Mobility Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Moonshine Construction Private Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | NBS International Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Neon Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | New Democratic Electoral Trust (w.e.f. 16.09.2025) | 0 | 0 | 0 | 0 | 0.00 | 0 | Officemartindia.com Limited. | 0 | 0 | 0 | 0 | 0.00 | 0 | Orion Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | PSL Media & Communications Limited (w.e.f. 16.09.2025) | 0 | 0 | 0 | 0 | 0.00 | 0 | Pulse Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Quest Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | ReNew Sunlight Energy Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Resurgence Solarize Urja Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Rhyme Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Shreyas Stones Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Smartshift Logistics Solution Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | SML Isuzu Limited (w.e.f. 01.08.2025) | 0 | 0 | 0 | 0 | 0.00 | 0 | Steer Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Swaraj Engines Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Target Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Ultrogen Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Velos Hybren Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | V-Link Freight Services Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | ZipZap Logistics Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Sub Total | 3 | 342,456,428 | 0 | 342,456,428 | 34.96 | 342,456,428 | |
Any Others (Specify) | 1 | 242,904 | 0 | 242,904 | 0.02 | 242,904 | Mahindra-Bt Investment Company (Mauritius) Limited | 1 | 242,904 | 0 | 242,904 | 0.02 | 242,904 | re Villa 3 AB | 0 | 0 | 0 | 0 | 0.00 | 0 | Automobili Pininfarina Americas Inc. | 0 | 0 | 0 | 0 | 0.00 | 0 | Automobili Pininfarina GmbH | 0 | 0 | 0 | 0 | 0.00 | 0 | B.S.A. Motor Cycles Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone (Malaysia) SDN.BHD | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone (Singapore) Pte. Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone Consulting Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone GmbH | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone Inc. | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone Internacional Costa Rica Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone International AG | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone Middle East DMCC | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone UK Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Bristlecone Worldwide, Inc. | 0 | 0 | 0 | 0 | 0.00 | 0 | BSA Company Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | BSA Corporation Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Covington S.ar.l. | 0 | 0 | 0 | 0 | 0.00 | 0 | Erkunt Sanayi A.S. | 0 | 0 | 0 | 0 | 0.00 | 0 | Erkunt Traktor Sanayii A.S. | 0 | 0 | 0 | 0 | 0.00 | 0 | Heritage Bird (M) Sdn Bhd | 0 | 0 | 0 | 0 | 0.00 | 0 | Holiday Club Canarias Investment S.L.U | 0 | 0 | 0 | 0 | 0.00 | 0 | Holiday Club Canarias Resort Management S.L.U | 0 | 0 | 0 | 0 | 0.00 | 0 | Holiday Club Canarias Sales & Marketing S.L.U | 0 | 0 | 0 | 0 | 0.00 | 0 | Holiday Club Canarias Vacation Club SLU | 0 | 0 | 0 | 0 | 0.00 | 0 | Holiday Club Resorts Oy | 0 | 0 | 0 | 0 | 0.00 | 0 | Holiday Club Sport and Spahotels AB | 0 | 0 | 0 | 0 | 0.00 | 0 | Holiday Club Sweden Ab | 0 | 0 | 0 | 0 | 0.00 | 0 | Infinity Hospitality Group Company Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Keskin„inen Kiinteist” Oy Salla Star (w.e.f. 03.07.2025) | 0 | 0 | 0 | 0 | 0.00 | 0 | Kiinteist” Oy Rauhan Liikekiinteist”t 1 | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Aerospace Australia Pty. Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra and Mahindra South Africa (Proprietary) Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Armored Vehicles Jordan, LLC. | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Automotive Australia Pty. Ltd. | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Automotive Mauritius Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Automotive North America Inc. | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra do Brasil Industrial Ltda. | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Emirates Vehicle Armouring FZ-LLC | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Europe s.r.l. | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Ideal Finance Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Ideal Lanka (Private Limited) | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra MiddleEast Electrical Steel Service Centre (FZC) | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Overseas Investment Company (Mauritius) Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra South East Asia Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Two Wheelers Europe Holdings S.a.r.l | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra USA, Inc. | 0 | 0 | 0 | 0 | 0.00 | 0 | Mahindra Vehicle Sales and Service Inc. | 0 | 0 | 0 | 0 | 0.00 | 0 | MH Boutique Hospitality Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | MHR Holdings (Mauritius) Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | MLL Global Logistics Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Ownership Service Sweden Ab | 0 | 0 | 0 | 0 | 0.00 | 0 | PT Mahindra Accelo Steel Indonesia | 0 | 0 | 0 | 0 | 0.00 | 0 | Sampo Rosenlew Oy, Finland | 0 | 0 | 0 | 0 | 0.00 | 0 | The Birmingham Small Arms Company Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Sub Total | 1 | 242,904 | 0 | 242,904 | 0.02 | 242,904 | Grand Total | 4 | 342,699,332 | 0 | 342,699,332 | 34.98 | 342,699,332 | |
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Mutual Funds | 43 | 172,033,066 | 0 | 172,033,066 | 17.56 | 172,031,658 | Sbi Nifty 50 Etf | 1 | 41,152,599 | 0 | 41,152,599 | 4.20 | 41,152,599 | Icici Prudential Technology Fund | 1 | 21,455,172 | 0 | 21,455,172 | 2.19 | 21,455,172 | Kotak Flexicap Fund | 1 | 18,900,596 | 0 | 18,900,596 | 1.93 | 18,900,596 | Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Flexi Cap Fund | 1 | 17,470,037 | 0 | 17,470,037 | 1.78 | 17,470,037 | Uti Nifty 50 Etf | 1 | 12,694,164 | 0 | 12,694,164 | 1.30 | 12,694,164 | Tata Digital India Fund | 1 | 12,065,402 | 0 | 12,065,402 | 1.23 | 12,065,402 | Nippon Life India Trustee Ltd-A/C Nippon India Etf Nifty 50 Bees | 1 | 10,349,972 | 0 | 10,349,972 | 1.06 | 10,349,972 | Insurance Companies | 35 | 145,197,337 | 0 | 145,197,337 | 14.82 | 145,197,337 | Life Insurance Corporation of India | 1 | 108,122,388 | 0 | 108,122,388 | 11.04 | 108,122,388 | SBI Life Insurance Co. Ltd | 1 | 12,466,098 | 0 | 12,466,098 | 1.27 | 12,466,098 | Venture Capital Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | Foreign Venture Capital Investors | 0 | 0 | 0 | 0 | 0.00 | 0 | Provident Funds/ Pension Funds | 1 | 13,033,762 | 0 | 13,033,762 | 1.33 | 13,033,762 | NPS Trust- A/C Sbi Pension Fund Scheme - State Govt | 1 | 13,033,762 | 0 | 13,033,762 | 1.33 | 13,033,762 | Alternate Investment Funds | 35 | 8,773,523 | 0 | 8,773,523 | 0.90 | 8,773,523 | NBFCs registered with RBI | 11 | 76,744 | 0 | 76,744 | 0.01 | 76,744 | Overseas Depositories (holding DRs) (balancing figure) | 0 | 0 | 0 | 0 | 0.00 | 0 | Banks | 10 | 209,794 | 0 | 209,794 | 0.02 | 209,794 | Foreign Portfolio Investors Category I | 857 | 194,849,239 | 0 | 194,849,239 | 19.89 | 194,849,239 | Government Pension Fund Global | 1 | 11,658,196 | 0 | 11,658,196 | 1.19 | 11,658,196 | First Sentier Investors Icvc - Stewart Investors Asia Pacific Leaders Fund | 1 | 10,092,412 | 0 | 10,092,412 | 1.03 | 10,092,412 | Other Financial Institutions | 1 | 133 | 0 | 133 | 0.00 | 133 | Foreign Portfolio Investors Category II | 47 | 6,959,641 | 0 | 6,959,641 | 0.71 | 6,959,641 | Sovereign Wealth Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | Asset reconstruction companies | 0 | 0 | 0 | 0 | 0.00 | 0 | Foreign Direct Investment | 0 | 0 | 0 | 0 | 0.00 | 0 | Other Foreign Institutions | 2 | 1,876 | 0 | 1,876 | 0.00 | 1,876 | Foreign Institutional Investors | 2 | 1,876 | 0 | 1,876 | 0.00 | 1,876 | Any Other (Institutions - Domestic) | 0 | 0 | 0 | 0 | 0.00 | 0 | Sub Total | 1,042 | 541,135,115 | 0 | 541,135,115 | 55.24 | 541,133,707 | |
Any Others (Specify) | 10,203 | 2,413,352 | 0 | 2,413,352 | 0.25 | 2,412,412 | HUF | 9,807 | 1,721,596 | 0 | 1,721,596 | 0.18 | 1,720,656 | LLP | 261 | 261,632 | 0 | 261,632 | 0.03 | 261,632 | Clearing Members | 99 | 183,250 | 0 | 183,250 | 0.02 | 183,250 | Trusts | 34 | 181,531 | 0 | 181,531 | 0.02 | 181,531 | Unclaimed or Suspense or Escrow Account | 1 | 64,403 | 0 | 64,403 | 0.01 | 64,403 | Employees | 0 | 0 | 0 | 0 | 0.00 | 0 | ESOP or ESOS or ESPS | 0 | 0 | 0 | 0 | 0.00 | 0 | Overseas Corporate Bodies | 1 | 940 | 0 | 940 | 0.00 | 940 | Bodies Corporate | 2,242 | 3,103,745 | 0 | 3,103,745 | 0.32 | 3,102,289 | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 733,043 | 65,916,283 | 0 | 65,916,283 | 6.73 | 65,514,741 | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 68 | 10,693,752 | 0 | 10,693,752 | 1.09 | 10,693,752 | Non Resident Indians (NRIs) | 20,163 | 9,622,322 | 0 | 9,622,322 | 0.98 | 9,488,506 | Foreign Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | Key Managerial Personnel | 1 | 20,850 | 0 | 20,850 | 0.00 | 20,850 | Investor Education and Protection Fund (IEPF) | 1 | 1,567,946 | 0 | 1,567,946 | 0.16 | 1,567,946 | Directors and their relatives (excluding independent directors and nominee directors) | 3 | 643,906 | 0 | 643,906 | 0.07 | 643,906 | Foreign Nationals | 6 | 97,609 | 0 | 97,609 | 0.01 | 96,709 | Relatives of promoters (other than 'immediate relatives' of promoters disclosed under 'Promoter and Promoter Group' category) | 0 | 0 | 0 | 0 | 0.00 | 0 | Associate companies / Subsidiaries | 0 | 0 | 0 | 0 | 0.00 | 0 | Trusts where any person belonging to 'Promoter and Promoter Group' category is 'trustee', 'beneficiary', or 'author of the trust' | 0 | 0 | 0 | 0 | 0.00 | 0 | Sub Total | 765,730 | 94,079,765 | 0 | 94,079,765 | 9.61 | 93,541,111 | |
Central Government / President of India | 3 | 1,647,657 | 0 | 1,647,657 | 0.17 | 1,647,657 | State Government / Governor | 3 | 434 | 0 | 434 | 0.00 | 434 | Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 0 | 0 | 0 | 0 | 0.00 | 0 | Sub Total | 6 | 1,648,091 | 0 | 1,648,091 | 0.17 | 1,648,091 | |
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