Mahindra & Mahindra Financial Services Limited (M&MFIN) has communicated to its shareholders regarding the dividend for the financial year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹7.50 per equity share (375%) of face value ₹2 each. This recommendation is subject to the approval of the members at the upcoming 36th Annual General Meeting (AGM) scheduled for Tuesday, July 21, 2026. The dividend will be paid to shareholders whose names appear on the company's Register of Members or in the records of the Company as of Monday, July 13, 2026, which is the record date for the dividend. Shareholders are requested to submit necessary documentation for availing tax exemption or lower tax deduction to the Company's Registrar and Share Transfer Agent, KFin Technologies Limited, on or before Monday, July 6, 2026. The company has also provided information regarding Tax Deducted at Source (TDS) on dividend payments, with rates varying based on the shareholder's residential status and submitted documents. Shareholders are advised to update their PAN, tax residential status, and other relevant details to ensure correct tax deduction. Additionally, the company has reminded shareholders about the transfer of shares with unpaid dividends for seven consecutive years or more to the Investor Education and Protection Fund (IEPF) by August 27, 2026, for FY2019 dividends. It also reiterated the mandatory electronic mode for dividend payments and the requirement for physical security holders to complete mandatory KYC by submitting specific forms and details to KFin Technologies Limited.
