Company CVAbout Mahindra & Mahindra Financial Services Ltd 
Mahindra & Mahindra Financial Services Ltd
Mid Cap
Non Banking Financial Company (NBFC)
Mahindra & Mahindra Financial Services Limited (MMFSL) was incorporated on 1st January, 1991 as 'Maxi Motors Financial Services Limited'. M&M FSL had received Certificate of Commencement of Business on 19th February, 1991. Thereafter, the Company's name was changed from Maxi Motors Financial Services Limited to Mahindra & Mahindra Financial Services Limited on November 3, 1992.
Company Coordinates
Company Details
Gateway Building, Apollo Bunder Mumbai Maharashtra : 400001
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
Capital StructureCapital Structure
Present Equity Capital
INR 277.99 Cr
Number of Shares
139 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
14-May-2025
139
277.99
154441240
2
Right Issues
29-Jul-2022
123.56
247.12
53337
2
Issued under ESOP Scheme
29-Apr-2022
123.55
247.11
4408
2
Issued under ESOP Scheme
22-Jul-2020
123.55
247.11
617764960
2
Right Issues
28-Aug-2018
61.78
123.55
7695
2
ESOP
07-Dec-2017
61.78
123.55
24000000
2
QIB Equity Shares
04-Dec-2017
59.38
118.75
25000000
2
Allotment of Equity To Others
15-Feb-2013
56.88
113.75
455011968
2
Stock Split
15-Feb-2013
56.88
113.75
455011968
2
Stock Split
16-Nov-2012
11.38
113.75
9750257
10
QIB Equity Shares
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 25 Schemes (17.93%)
FIIs
Held by 213 FIIs (9.59%)
Promoter with highest holding
Mahindra And Mahindra Ltd (52.49%)
Highest Public shareholder
Life Insurance Corporation Of India, Lic-p&gs Fund, Lici Funds (10.53%)
Individual Investors Holdings
4.92%
Board of Directors
Management
Designation
Remuneration
Ramesh Iyer
Vice Chairman & M.D.
7.16 cr
Rama Bijapurkar
Independent Director
46.0 lacs
C B Bhave
Independent Director
50.0 lacs
Anish Shah
Chairman (Non-Executive)
0
Milind Sarwate
Independent Director
54.0 lacs
Rebecca Nugent
Independent Director
43.0 lacs
AMIT SINHA
Director
0
Brijbala Batwal
Company Sec. & Compli. Officer
0
Dhananjay Mungale
Independent Director
51.0 lacs
Diwakar Gupta
Independent Director
11.0 lacs
Raul Rebello
Whole Time Director
0
Raul Rebello
Managing Director & CEO
0
Ashwani Ghai
Director
0
Amarjyoti Barua
Director
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Interest Income
8,614.56
98.76%
Fees and Commission Income
86.92
1.00%
Dividend Income
13.88
0.16%
Interest Income
Interest Income
Fees and Commission Income
Fees and Commission Income
Dividend Income
Dividend Income
Stock DNARevenue and Profits:
Net Sales:
5,026 Cr
(Quarterly Results - Sep 2025)
Net Profit:
564 Cr
Non Banking Financial Company (NBFC)
INR 50,525 Cr (Mid Cap)
20.00
9
1.87%
4.90
9.96%
1.95
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