Mahindra & Mahindra Limited (M&M.NS)

1,144.30 +16.00 (+1.42%) At close: 03:30PM IST

Mahindra & Mahindra Limited

Mahindra Towers
5th Floor Dr. G. M. Bhosale Marg Worli
Mumbai 400018
India
91 22 2490 1441
https://www.mahindra.com

Sector(s): Consumer Cyclical
Industry: Auto Manufacturers
Full-time employees: 260,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anand Gopal Mahindra	Non-Exec. Chairman & Member of Group Exec. Board	98.42M	N/A	1955
Dr. Anish Dilip Shah	MD, CEO, Member of the Group Exec. Board & Additional Director	118.87M	N/A	1969
Mr. Manoj Bhat	Pres of Group Fin. & Member of Group Exec. Board	N/A	N/A	1974
Mr. Rajesh Ganesh Jejurikar	Exec. Director & CEO of Automotive and Farm Sectors & Member of Group Exe Board	97.32M	N/A	1964
Mr. Chander Prakash Gurnani	MD and CEO of Tech Mahindra, Non-Exec. Non-Independent Director & Member of GEB	N/A	N/A	1959
Mr. Narayan Shankar	Sr. VP, Compliance Officer & Company Sec.	N/A	N/A	N/A
Mr. Vinod Sahay	Pres and Chief Purchase Officer & Member of Group Exec. Board	N/A	N/A	N/A
Mr. Ramesh Ganesh Iyer	VC & MD of Mahindra & Mahindra Finan Servs, Pres of Financial Services Sector and GEB Mem.	N/A	N/A	1958
Mr. Ruzbeh Irani	Pres of Group HR & Member of the Group Exec. Board	N/A	N/A	1965
Mr. Shriprakash P. Shukla	Chairman of Defence, Aero & Agri and Member of Group Exec. Board	N/A	N/A	1959

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. The company operates through Automotive, Farm Equipment, Financial Services, Hospitality, Real Estate, and Others segments. It offers parts and assemblies for aerospace and defense sectors; passenger and commercial vehicles, trucks, buses, vans, cars, utility vehicles, and electric vehicles; watercrafts; motorcycles, scooters, and mopeds; construction equipment, such as backhoe loaders under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand. The company also provides land and naval systems, defense electronics, and security consulting services for defense industry; pre-owned car and car services; and farm equipment. In addition, it operates M2All, an e-commerce platform for various portfolio of products; approximately 100 resorts; and solar PV projects. Further, the company offers financial services comprising retail and other loans, SME finance, housing finance, mutual funds, and life and non-life insurance broking services, as well as vehicle and equipment financing; logistics services; information security and risk management, engineering consulting, and business process management consulting services; information technology services; and power backup solutions, such as diesel and gas generators. Additionally, it engages in the development, management, and operation of commercial complexes; sale of timeshare and vacation ownership; and making, processing, and trading of steel for automotive, non-automotive, and power industries. The company was incorporated in 1945 and is based in Mumbai, India.

Corporate governance

Mahindra & Mahindra Limited’s ISS governance QualityScore as of 1 March 2023 is 7. The pillar scores are Audit: 3; Board: 7; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.