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Home › Companies › Mahindra & Mahindra Limited › 2025-2026

Mahindra & Mahindra Limited 2025-2026 Proxy Voting Records

At Mahindra & Mahindra Limited's 2 shareholder meetings in the 2025-2026 proxy season (held July 31, 2025 and November 26, 2025), 78 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,262 separate fund positions. Their filings are grouped here into 42 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Elect Muthu Raju Paravasa Raju Vijay Kumar as Director — the reporting funds cast 97% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 42Reported items
  • 78Asset managers
  • 3,262Fund votes
  • July 31, 2025Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Mahindra & Mahindra Limited has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Mahindra & Mahindra Limited in the interactive database Compare manager voting policies

How asset managers voted at the Mahindra & Mahindra Limited 2025-2026 meetings

Each item below shows how the 78 asset managers that disclosed a Mahindra & Mahindra Limited vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Mahindra & Mahindra Limited’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Muthu Raju Paravasa Raju Vijay Kumar as Director

No official resultsDIRECTOR ELECTIONS

Meeting held November 26, 2025; no official results are on file for this meeting.

97% of fund votes cast · no official result

FOR
Details: votes by 55 asset managers

The 55 asset managers below reported 75,163,012 for, 2,449,888 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,163,012AGAINST: 2,449,888
Largest asset managers voting on “Elect Muthu Raju Paravasa Raju Vijay Kumar as Director” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,252,2110 00For
Fidelity11,470,9820 00For
EUPAC FUND3,878,5090 00For
MFS3,770,1620 00For
Dimensional2,743,0780 00For
WisdomTree2,613,5810 00For
JPMorgan2,212,4310 00For
American Century2,117,5830 00For
TIAA1,660,5770 00For
Aberdeen1,349,9900 00For
Franklin Templeton1,321,4740 00For
Legg Mason1,304,9790 00For
DRIEHAUS MUTUAL FUNDS1,300,9260 00For
Capital Group1,251,6920 00For
MATTHEWS INTERNATIONAL FUNDS1,226,9440 00For
OLD WESTBURY FUNDS INC929,6640 00For
Principal799,2200 00For
Calvert0722,492 00Against
BARON SELECT FUNDS670,0910 00For
Morgan Stanley118,073481,606 00Mixed
Columbia Threadneedle0568,352 00Against
Northwestern Mutual484,7980 00For
WILLIAM BLAIR FUNDS483,3750 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST400,0940 00For
State Street383,4790 00For

Showing the 25 largest of 55 asset managers. All 55 are in the interactive database (link above).

2. Elect Samina Hamied as Director

No official resultsDIRECTOR ELECTIONS

Meeting held November 26, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 55 asset managers

The 55 asset managers below reported 77,612,900 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 77,612,900
Largest asset managers voting on “Elect Samina Hamied as Director” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,252,2110 00For
Fidelity11,470,9820 00For
EUPAC FUND3,878,5090 00For
MFS3,770,1620 00For
Dimensional2,743,0780 00For
WisdomTree2,613,5810 00For
JPMorgan2,212,4310 00For
American Century2,117,5830 00For
TIAA1,660,5770 00For
Aberdeen1,349,9900 00For
Franklin Templeton1,321,4740 00For
Legg Mason1,304,9790 00For
DRIEHAUS MUTUAL FUNDS1,300,9260 00For
Capital Group1,251,6920 00For
MATTHEWS INTERNATIONAL FUNDS1,226,9440 00For
OLD WESTBURY FUNDS INC929,6640 00For
Principal799,2200 00For
Calvert722,4920 00For
BARON SELECT FUNDS670,0910 00For
Morgan Stanley599,6790 00For
Columbia Threadneedle568,3520 00For
Northwestern Mutual484,7980 00For
WILLIAM BLAIR FUNDS483,3750 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST400,0940 00For
State Street383,4790 00For

Showing the 25 largest of 55 asset managers. All 55 are in the interactive database (link above).

3. Reelect Anand G. Mahindra as Director

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

92% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 70,191,564 for, 5,749,155 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 70,191,564AGAINST: 5,749,155
Largest asset managers voting on “Reelect Anand G. Mahindra as Director” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity6,624,4654,629,412 00Mixed
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert0743,002 00Against
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

4. Reelect Muthiah Murugappan as Director

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

98% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 74,382,154 for, 1,558,565 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 74,382,154AGAINST: 1,558,565
Largest asset managers voting on “Reelect Muthiah Murugappan as Director” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert0743,002 00Against
JPMorgan0665,481 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

5. Reelect Nisaba Godrej as Director

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

97% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 73,427,986 for, 2,512,733 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 73,427,986AGAINST: 2,512,733
Largest asset managers voting on “Reelect Nisaba Godrej as Director” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert0743,002 00Against
JPMorgan0665,481 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle0605,153 00Against
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

6. Reelect Rajesh Jejurikar as Director

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

93% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 70,477,858 for, 5,462,861 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 70,477,858AGAINST: 5,462,861
Largest asset managers voting on “Reelect Rajesh Jejurikar as Director” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity6,624,4654,629,412 00Mixed
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert0743,002 00Against
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

7. Elect M. P. Vijay Kumar

No official resultsDIRECTOR ELECTIONS

Meeting held November 26, 2025; no official results are on file for this meeting.

97% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 6,518,313 for, 173,598 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,518,313AGAINST: 173,598
Largest asset managers voting on “Elect M. P. Vijay Kumar” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford2,116,7370 00For
Charles Schwab1,607,4260 00For
Vanguard1,267,6780 00For
Fidelity895,2280 00For
Prudential/PGIM312,1980 00For
Russell Investments0154,778 00Against
Mercer Funds134,3250 00For
SEI94,9520 00For
Neuberger Berman47,4580 00For
SEI Exchange Traded Funds17,1610 00For
Venerable Variable Insurance Trust014,377 00Against
Global X11,1140 00For
Datum One Series Trust7,4490 00For
New York Life6,5870 00For
Federated Hermes04,443 00Against

8. Elect Samina Hamied

No official resultsDIRECTOR ELECTIONS

Meeting held November 26, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 6,691,911 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,691,911
Largest asset managers voting on “Elect Samina Hamied” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford2,116,7370 00For
Charles Schwab1,607,4260 00For
Vanguard1,267,6780 00For
Fidelity895,2280 00For
Prudential/PGIM312,1980 00For
Russell Investments154,7780 00For
Mercer Funds134,3250 00For
SEI94,9520 00For
Neuberger Berman47,4580 00For
SEI Exchange Traded Funds17,1610 00For
Venerable Variable Insurance Trust14,3770 00For
Global X11,1140 00For
Datum One Series Trust7,4490 00For
New York Life6,5870 00For
Federated Hermes4,4430 00For

9. Elect Anand G. Mahindra

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,246,133 for, 4,083 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,246,133AGAINST: 4,083
Largest asset managers voting on “Elect Anand G. Mahindra” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes04,083 00Against

10. Elect Muthiah Murugappan

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,246,133 for, 4,083 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,246,133AGAINST: 4,083
Largest asset managers voting on “Elect Muthiah Murugappan” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes04,083 00Against

11. Elect Nisaba Adi Godrej

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

97% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,087,363 for, 162,853 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,087,363AGAINST: 162,853
Largest asset managers voting on “Elect Nisaba Adi Godrej” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments0158,770 00Against
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes04,083 00Against

12. Elect Rajesh Jejurikar

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

67% of fund votes cast · no official result

FORAGAINST
Details: votes by 14 asset managers

The 14 asset managers below reported 4,188,685 for, 2,061,531 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 4,188,685AGAINST: 2,061,531
Largest asset managers voting on “Elect Rajesh Jejurikar” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab01,579,263 00Against
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM342,02910,992 00For
Russell Investments0158,770 00Against
Mercer Funds0140,893 00Against
SEI0107,251 00Against
Neuberger Berman048,777 00Against
SEI Exchange Traded Funds015,585 00Against
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

13. Re-appointment of MR. anand g. Mahindra (DIN: 00004695), as a director liable to retire by rotation

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: RE-APPOINTMENT OF MR. ANAND G. MAHINDRA (DIN: 00004695), AS A DIRECTOR LIABLE TO RETIRE BY ROTATION

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “RE-APPOINTMENT OF MR. ANAND G. MAHINDRA (DIN: 00004695), AS A DIRECTOR LIABLE TO RETIRE BY ROTATION” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

14. Re-appointment of MR. muthiah murugappan (DIN: 07858587), as an independent director of the company

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: RE-APPOINTMENT OF MR. MUTHIAH MURUGAPPAN (DIN: 07858587), AS AN INDEPENDENT DIRECTOR OF THE COMPANY

The 11 asset managers below reported 28,536,464 for, 25,327 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,536,464AGAINST: 25,327
Largest asset managers voting on “RE-APPOINTMENT OF MR. MUTHIAH MURUGAPPAN (DIN: 07858587), AS AN INDEPENDENT DIRECTOR OF THE COMPANY” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National88,49513,407 00Mixed
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust011,920 00Against
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

15. Re-appointment of MR. rajesh jejurikar (DIN: 00046823), as a director liable to retire by rotation

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: RE-APPOINTMENT OF MR. RAJESH JEJURIKAR (DIN: 00046823), AS A DIRECTOR LIABLE TO RETIRE BY ROTATION

The 11 asset managers below reported 28,549,871 for, 11,920 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,549,871AGAINST: 11,920
Largest asset managers voting on “RE-APPOINTMENT OF MR. RAJESH JEJURIKAR (DIN: 00046823), AS A DIRECTOR LIABLE TO RETIRE BY ROTATION” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust011,920 00Against
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

16. Re-appointment of MS. nisaba godrej (DIN: 00591503), as an independent director of the company

No official resultsDIRECTOR ELECTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: RE-APPOINTMENT OF MS. NISABA GODREJ (DIN: 00591503), AS AN INDEPENDENT DIRECTOR OF THE COMPANY

The 11 asset managers below reported 28,536,464 for, 25,327 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,536,464AGAINST: 25,327
Largest asset managers voting on “RE-APPOINTMENT OF MS. NISABA GODREJ (DIN: 00591503), AS AN INDEPENDENT DIRECTOR OF THE COMPANY” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National88,49513,407 00Mixed
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust011,920 00Against
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

17. Accept Consolidated Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 75,940,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,940,719
Largest asset managers voting on “Accept Consolidated Financial Statements and Statutory Reports” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert743,0020 00For
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

18. Accept Standalone Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 75,940,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,940,719
Largest asset managers voting on “Accept Standalone Financial Statements and Statutory Reports” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert743,0020 00For
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

19. Approve Dividend

No official resultsCAPITAL STRUCTURE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 75,940,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,940,719
Largest asset managers voting on “Approve Dividend” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert743,0020 00For
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

20. Accounts and Reports (Consolidated)

No official resultsCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,250,216 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,250,216
Largest asset managers voting on “Accounts and Reports (Consolidated)” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

21. Accounts and Reports (Standalone)

No official resultsCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,250,216 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,250,216
Largest asset managers voting on “Accounts and Reports (Standalone)” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

22. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,250,216 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,250,216
Largest asset managers voting on “Allocation of Profits/Dividends” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

23. Declaration of dividend on ordinary (equity) shares

No official resultsCAPITAL STRUCTURE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: DECLARATION OF DIVIDEND ON ORDINARY (EQUITY) SHARES

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “DECLARATION OF DIVIDEND ON ORDINARY (EQUITY) SHARES” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

24. Approve Material Related Party Transactions Pertaining to Subsidiaries of the Company

No official resultsCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 75,940,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,940,719
Largest asset managers voting on “Approve Material Related Party Transactions Pertaining to Subsidiaries of the Company” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert743,0020 00For
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

25. Approve Material Related Party Transactions with Mahindra Electric Automobile Ordinary Limited

No official resultsCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 53 asset managers

Description as filed by funds: Approve Material Related Party Transactions with Mahindra Electric Automobile Ordinary Ordinary Limited

The 53 asset managers below reported 75,940,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,940,719
Largest asset managers voting on “Approve Material Related Party Transactions with Mahindra Electric Automobile Ordinary Ordinary Limited” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert743,0020 00For
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

26. Related Party Transactions (Mahindra Electric Automobile Limited)

No official resultsCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,250,216 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,250,216
Largest asset managers voting on “Related Party Transactions (Mahindra Electric Automobile Limited)” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

27. Related Party Transactions (Subsidiaries)

No official resultsCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,250,216 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,250,216
Largest asset managers voting on “Related Party Transactions (Subsidiaries)” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

28. Approval for material related party transactions pertaining to subsidiaries of the company

No official resultsEXTRAORDINARY TRANSACTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SUBSIDIARIES OF THE COMPANY

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO SUBSIDIARIES OF THE COMPANY” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

29. Material modification of earlier approved material related party transactions between the company and Mahindra electric…

No official resultsEXTRAORDINARY TRANSACTIONS

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: MATERIAL MODIFICATION OF EARLIER APPROVED MATERIAL RELATED PARTY TRANSACTIONS BETWEEN THE COMPANY AND MAHINDRA ELECTRIC AUTOMOBILE LIMITED, A SUBSIDIARY OF THE COMPANY

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “MATERIAL MODIFICATION OF EARLIER APPROVED MATERIAL RELATED PARTY TRANSACTIONS BETWEEN THE COMPANY AND MAHINDRA” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

30. Approve Revision in Terms of Remuneration of Anand G. Mahindra as Non-Executive Chairman

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 75,940,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,940,719
Largest asset managers voting on “Approve Revision in Terms of Remuneration of Anand G. Mahindra as Non-Executive Chairman” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert743,0020 00For
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

31. Revision of Remuneration of Anand G. Mahindra (Non-executive Chair)

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,250,216 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,250,216
Largest asset managers voting on “Revision of Remuneration of Anand G. Mahindra (Non-executive Chair)” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

32. Revision in terms of remuneration to MR. anand g. Mahindra, (DIN: 00004695), non-executive chairman of the company

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: REVISION IN TERMS OF REMUNERATION TO MR. ANAND G. MAHINDRA, (DIN: 00004695), NON-EXECUTIVE CHAIRMAN OF THE COMPANY

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “REVISION IN TERMS OF REMUNERATION TO MR. ANAND G. MAHINDRA, (DIN: 00004695), NON-EXECUTIVE CHAIRMAN OF THE COM” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

33. Approve Parikh & Associates, Practicing Company Secretaries as Secretarial Auditors and Authorize Board to Fix Their…

No official resultsAUDIT-RELATED

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 53 asset managers

Description as filed by funds: Approve Parikh & Associates, Practicing Company Secretaries as Secretarial Auditors and Authorize Board to Fix Their Remuneration

The 53 asset managers below reported 75,940,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,940,719
Largest asset managers voting on “Approve Parikh & Associates, Practicing Company Secretaries as Secretarial Auditors and Authorize Board to Fix” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert743,0020 00For
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

34. Approve Remuneration of Cost Auditors

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 53 asset managers

The 53 asset managers below reported 75,940,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 75,940,719
Largest asset managers voting on “Approve Remuneration of Cost Auditors” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard30,049,5170 00For
Fidelity11,253,8770 00For
EUPAC FUND3,878,5090 00For
MFS3,662,4800 00For
WisdomTree2,947,4570 00For
Dimensional2,747,1470 00For
American Century1,880,8500 00For
TIAA1,689,8820 00For
Legg Mason1,474,7500 00For
MATTHEWS INTERNATIONAL FUNDS1,316,1980 00For
Aberdeen1,269,6990 00For
Capital Group1,255,2420 00For
Franklin Templeton1,244,3620 00For
DRIEHAUS MUTUAL FUNDS1,194,2190 00For
OLD WESTBURY FUNDS INC993,7450 00For
Calvert743,0020 00For
JPMorgan665,4810 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST643,5910 00For
BARON SELECT FUNDS625,8960 00For
Columbia Threadneedle605,1530 00For
Morgan Stanley603,5290 00For
Principal547,8570 00For
WILLIAM BLAIR FUNDS527,7420 00For
Northwestern Mutual484,7980 00For
State Street388,1670 00For

Showing the 25 largest of 53 asset managers. All 53 are in the interactive database (link above).

35. Appointment of Secretarial Auditor

No official resultsAUDIT-RELATED

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,250,216 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,250,216
Largest asset managers voting on “Appointment of Secretarial Auditor” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

36. Approve Payment of Fees to Cost Auditors

No official resultsAUDIT-RELATED

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 6,250,216 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,250,216
Largest asset managers voting on “Approve Payment of Fees to Cost Auditors” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford1,822,8970 00For
Charles Schwab1,579,2630 00For
Vanguard1,179,9590 00For
Fidelity813,8350 00For
Prudential/PGIM353,0210 00For
Russell Investments158,7700 00For
Mercer Funds140,8930 00For
SEI107,2510 00For
Neuberger Berman48,7770 00For
SEI Exchange Traded Funds15,5850 00For
Global X11,5240 00For
Datum One Series Trust7,7710 00For
New York Life6,5870 00For
Federated Hermes4,0830 00For

37. Appointment of m/s. parikh and associates, practicing company secretaries as secretarial auditor of the company

No official resultsAUDIT-RELATED

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: APPOINTMENT OF M/S. PARIKH AND ASSOCIATES, PRACTICING COMPANY SECRETARIES AS SECRETARIAL AUDITOR OF THE COMPANY

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “APPOINTMENT OF M/S. PARIKH AND ASSOCIATES, PRACTICING COMPANY SECRETARIES AS SECRETARIAL AUDITOR OF THE COMPAN” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

38. Consideration and adoption of the audited consolidated financial statements of the company for the financial year ended…

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: CONSIDERATION AND ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2025 AND THE REPORT OF THE AUDITORS THEREON

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “CONSIDERATION AND ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL Y” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

39. Consideration and adoption of the audited standalone financial statements of the company for the financial year ended…

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: CONSIDERATION AND ADOPTION OF THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2025 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “CONSIDERATION AND ADOPTION OF THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEA” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

40. Ratification of remuneration payable to messrs d. c. dave and CO., cost accountants (firm registration no. 000611)…

No official resultsAUDIT-RELATED

Meeting held July 31, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: RATIFICATION OF REMUNERATION PAYABLE TO MESSRS D. C. DAVE AND CO., COST ACCOUNTANTS (FIRM REGISTRATION NO. 000611), APPOINTED AS THE COST AUDITORS OF THE COMPANY FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2026

The 11 asset managers below reported 28,561,791 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,561,791
Largest asset managers voting on “RATIFICATION OF REMUNERATION PAYABLE TO MESSRS D. C. DAVE AND CO., COST ACCOUNTANTS (FIRM REGISTRATION NO. 000” at Mahindra & Mahindra Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock22,495,4640 00For
RBC FUNDS TRUST4,232,2360 00For
John Hancock983,5070 00For
FINANCIAL INVESTORS TRUST369,1250 00For
Brown Advisory Funds164,9530 00For
Jackson National101,9020 00For
Six Circles Trust95,9460 00For
MASTER INVESTMENT PORTFOLIO93,1200 00For
Krane Shares Trust11,9200 00For
AMG FUNDS III11,8200 00For
GPS Funds I1,7980 00For

Showing the 40 reported items with the widest manager coverage, of 42 in total. Every item is in the interactive database (link above).

Largest Mahindra & Mahindra Limited shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Mahindra & Mahindra Limited shareholders by shares voted on “Elect Muthu Raju Paravasa Raju Vijay Kumar as Director”, 2025-2026
#Asset manager Shares voted
1Vanguard 30,252,211
2Fidelity 11,470,982
3EUPAC FUND 3,878,509
4MFS 3,770,162
5Dimensional 2,743,078
6WisdomTree 2,613,581
7JPMorgan 2,212,431
8American Century 2,117,583
9TIAA 1,660,577
10Aberdeen 1,349,990
Institutional-manager reports: top Mahindra & Mahindra Limited shareholders by shares voted on “Elect Muthu Raju Paravasa Raju Vijay Kumar as Director”, 2025-2026
#Asset manager Shares voted
1RWC ASSET ADVISORS (US) LLC 622

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Mahindra & Mahindra Limited for the 2025-2026 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

Mahindra & Mahindra Limited proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Mahindra & Mahindra Limited 2025 Shareholder Meetings (2025-2026 season)”, https://proxyvotesnow.com/company/mahindra-and-mahindra-limited/2026 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.