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SML Mahindra Ltd.

Shareholders holding 1% or more · latest filing Sep 2026

MF holdings Company page

Ownership split · Sep 2026

Share of total equity by holder type, with change since Jun 2026.

Promoters 58.97% 0
FII / FPI 3.65% 2.41 pp
DII 2.75% 0.32 pp
Retail & others 34.63% 2.73 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters43.96%43.96%43.96%58.97%58.97%58.97%58.97%58.97%
FII / FPI15.32%15.24%15.73%1.8%0.61%0.77%1.24%3.65%
DII0%0.04%0.29%0.63%0.64%1.56%2.43%2.75%
Retail & others40.71%40.76%40.01%38.6%39.78%38.7%37.36%34.63%
Non-public / other0%0%0%0%0%0%0%0%

Major shareholders

170 current holders with 1% or more in the Sep 2026 filing. Click a name to see everything they hold.

Holder Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 Change (QoQ)
MAHINDRA & MAHINDRA LIMITED Promoter – – – 58.97%0.85 58.97%0.85 58.97%0.85 58.97%0.85 58.97%0.85 0
SACHIN BANSAL (PARTNER OF SPV ENTERPRISES) Public 6.43%0.09 6.43%0.09 6.17%0.09 4.33%0.06 4.13%0.06 4.13%0.06 4.13%0.06 4.04%0.06 0.09 pp
SACHIN BANSAL (PARTNER OF ANANDAM ENTERPRISES) Public 3.81%0.06 3.81%0.06 3.87%0.06 3.25%0.05 3.25%0.05 3.25%0.05 3.19%0.05 3.07%0.04 0.12 pp
VANAJA SUNDAR IYER Public – – – 1.38%0.02 1.76%0.03 1.76%0.03 1.87%0.03 2.25%0.03 0.38 pp
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS Public – – – 1.83%0.03 1.93%0.03 1.93%0.03 1.92%0.03 1.92%0.03 0
SACHIN BANSAL (PARTNER OF NAVODAYA ENTERPRISES) Public 9.18%0.13 9.18%0.13 8.8%0.13 7.51%0.11 7.26%0.11 4.9%0.07 2.75%0.04 1.73%0.03 1.02 pp
LIC MF AGGRESSIVE HYBRID FUND Institution New – – – – – – – 1.42%0.02 –
Mahindra Steel Service Centre Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra First Choice Wheels Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Gromax Agri Equipment Limited (Formerly known as Mahindra Gujarat Tractor Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Agri Solutions Limited (Formerly known as Mahindra Shubhlabh Services Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Accelo Limited (Formerly known as Mahindra Intertrade Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Holidays & Resorts India Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Hotels and Residences India Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Holdings Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
NBS International Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra & Mahindra Financial Services Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Insurance Brokers Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Rural Housing Finance Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Lifespace Developers Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Infrastructure Developers Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra World City (Jaipur) Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra World City Developers Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra World City (Maharashtra) Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Knowledge Township Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Logistics Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Aerospace Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Bloomdale Developers Limited (Formerly known as Mahindra Bebanco Developers Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Industrial Township (Maharashtra) Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Electrical Steel Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Anthurium Developers Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Integrated Business Solutions Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Aerostructures Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Susten Private Limited (formerly known as Mahindra EPC Services Private Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra EPC Irrigation Limited (Formerly known as EPC Industrié Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Defence Systems Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Gables Promoters Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
2 x 2 Logistics Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Industrial Park Private Limited (formerly known as Industrial Cluster Private Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Telephonics Integrated Systems Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra HZPC Private Limited (formerly known as Mahindra Investments (International) Private Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Manulife Trustee Private Limited (formerly known as Mahindra Trustee Company Private Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Auto Steel Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Fruits Private Limited ( Formerly known as Mahindra Greenyard Private Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Lords Freight (India) Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra eMarket Limited (formerly known as Mriyalguda Farm Solution Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Industrial Park Chennai Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Water Utilities Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Marvel Solren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Teqo Private Limited (formerly known as MachinePulse Tech Private Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Airways Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Classic Legends Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra MSTC Recycling Private Limited (subsidiary on account of control on composition of majority Board of Directors) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Homes Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Sustainable Energy Private Limited (formerly known as Mahindra Telecom Energy Management Services Private Limited- name changed ) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Happinest Developers Limited [formerly known as Mahindra Happinest Developers Private Limited ] Promoter – – – – 0%0 0%0 0%0 0%0 0
Deep Mangal Developers Private Ltd Promoter – – – – 0%0 0%0 0%0 0%0 0
Moonshine Construction Private Ltd Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Construction Company Ltd Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Knowledge Park Mohali Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Summit Agriscience Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Top Greenhouses Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Finance CSR Foundation Promoter – – – – 0%0 0%0 0%0 0%0 0
MLL Express Services Private Limited (Formerly known as Meru Travel Solutions Private Limited) Promoter – – – – 0%0 0%0 0%0 0%0 0
MLL Mobility Private Limited (Formerly Known as MERU MOBILITY TECH PRIVATE LIMITED. Promoter – – – – 0%0 0%0 0%0 0%0 0
Martial Solren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Solarize Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Carnot Technologies Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Holidays & Resorts Harihareshwar Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Resurgence Solarize Urja Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
V-Link Freight Services Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Swaraj Engines Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Electric Automobile Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Guestline Hospitality Management and Developement Services Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
M.I.T.R.A Agro Equipments Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Last Mile Mobility Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Illuminate Hybren Private Limited [Formerly known as Icarus Hybren Private Limited] Promoter – – – – 0%0 0%0 0%0 0%0 0
Hazel Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Gelos Solren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Furies Solren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Kyros Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Jade Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Layer Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Migos Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
ZipZap Logistics Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Neon Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Orion Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Pulse Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Quest Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Steer Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Target Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Velos Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Rhyme Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Ultrogen Hybren Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra Advanced Technlogies Limited (w.e.f. 07.04.2025) Promoter – – – – 0%0 0%0 0%0 0%0 0
PSL Media & Communications Limited (w.e.f. 16.09.2025) Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra & Mahindra Contech Limited (w.e.f. 16.09.2025) Promoter – – – – 0%0 0%0 0%0 0%0 0
New Democratic Electoral Trust (w.e.f. 16.09.2025) Promoter – – – – 0%0 0%0 0%0 0%0 0
Kota Farms Services Limited (w.e.f. 16.09.2025) Promoter – – – – 0%0 0%0 0%0 0%0 0
Officemartindia.com Limited. Promoter – – – – 0%0 0%0 0%0 0%0 0
Tech Mahindra Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Smartshift Logistics Solution Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
ReNew Sunlight Energy Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Blue Planet Integrated Waste Solutions Private Limited Promoter – – – – 0%0 0%0 0%0 0%0 0
Mahindra USA, Inc. Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra and Mahindra South Africa (Proprietary) Limited Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Europe s.r.l. Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra MiddleEast Electrical Steel Service Centre (FZC) Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone Inc. Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone UK Limited Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone (Singapore) Pte. Limited Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone GmbH Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone (Malaysia) SDN.BHD Other – – – – 0%0 0%0 0%0 0%0 0
Heritage Bird (M) Sdn Bhd Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Automotive Australia Pty. Ltd. Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Aerospace Australia Pty. Limited Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone Consulting Limited Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Emirates Vehicle Armouring FZ-LLC Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone International AG Other – – – – 0%0 0%0 0%0 0%0 0
MH Boutique Hospitality Limited (subsidiary on account of control on composition of majority Board of Directors) Other – – – – 0%0 0%0 0%0 0%0 0
Infinity Hospitality Group Company Limited Other – – – – 0%0 0%0 0%0 0%0 0
MHR Holdings (Mauritius) Limited Other – – – – 0%0 0%0 0%0 0%0 0
Covington S.ar.l. Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Two Wheelers Europe Holdings S.a.r.l Other – – – – 0%0 0%0 0%0 0%0 0
Holiday Club Resorts Oy Other – – – – 0%0 0%0 0%0 0%0 0
Holiday Club Sweden Ab Are Other – – – – 0%0 0%0 0%0 0%0 0
Ownership Service Sweden Ab Other – – – – 0%0 0%0 0%0 0%0 0
Holiday Club Canarias Investment S.L.U Other – – – – 0%0 0%0 0%0 0%0 0
Holiday Club Canarias Sales & Marketing S.L.U Other – – – – 0%0 0%0 0%0 0%0 0
Holiday Club Canarias Resort Management S.L.U Other – – – – 0%0 0%0 0%0 0%0 0
Kiinteistö Oy Rauhan Liikekiinteistöt 1 Other – – – – 0%0 0%0 0%0 0%0 0
Holiday Club Sport and Spa Hotels AB (Formerly known as Visionsbolaget 10088 AB) Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra do Brasil Industrial Ltda. Other – – – – 0%0 0%0 0%0 0%0 0
BSA Company Limited Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Vehicle Sales and Service Inc. Other – – – – 0%0 0%0 0%0 0%0 0
Erkunt Traktor Sanayii A.S. Other – – – – 0%0 0%0 0%0 0%0 0
Erkunt Sanayi A.S. Other – – – – 0%0 0%0 0%0 0%0 0
Åre Villa 3 AB [Formerly known as Visionsbolaget 12191 AB (w.e.f. 26.01.2018)] Other – – – – 0%0 0%0 0%0 0%0 0
Automobili Pininfarina GmbH [Formerly known as Blitz 18-371 GmbH] Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Automotive Mauritius Limited Other – – – – 0%0 0%0 0%0 0%0 0
Holiday Club Canarias Vacation Club SLU (formerly known as Passeport Sante SL) Other – – – – 0%0 0%0 0%0 0%0 0
PT Mahindra Accelo Steel Indonesia Other – – – – 0%0 0%0 0%0 0%0 0
Automobili Pininfarina Americas Inc. (formerly known as Harkey Acquisition, L.L.C., USA ) Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Armored Vehicles Jordan, LLC. Other – – – – 0%0 0%0 0%0 0%0 0
The Birmingham Small Arms Company Limited Other – – – – 0%0 0%0 0%0 0%0 0
BSA Corporation Limited Other – – – – 0%0 0%0 0%0 0%0 0
B.S.A. Motor Cycles Limited Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone Internacional Costa Rica Limited Other – – – – 0%0 0%0 0%0 0%0 0
MLL Global Logistics Limited (w.e.f. 6.12.2022) Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra South East Asia Limited Other – – – – 0%0 0%0 0%0 0%0 0
Keskinäinen Kiinteistö Oy Salla Star (w.e.f. 03.07.2025) Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Racing UK Limited (w.e.f 17.11.2025) Other – – – – 0%0 0%0 0%0 0%0 0
PF Holdings B.V. Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Ideal Lanka (Private Limited) Other – – – – 0%0 0%0 0%0 0%0 0
Sampo Rosenlew Oy, Finland Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Overseas Investment Company (Mauritius) Limited Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone Worldwide, Inc. (Formerly known as Bristlecone Ltd.) Other – – – – 0%0 0%0 0%0 0%0 0
Mahindra Automotive North America Inc. Other – – – – 0%0 0%0 0%0 0%0 0
Bristlecone India Private Limited (formerly know as Bristlecone India Limited, name changed w.e.f. 20th Jan 2026) Promoter – – – – – 0%0 0%0 0%0 0
Mahindra Blossom Developers Limited (w.e.f.02.01.2026) Promoter – – – – – 0%0 0%0 0%0 0
Mahindra Investment Company Mauritius Ltd (Formerly known as Mahindra-BT Investment Company (Mauritius) Limited) Other – – – – – 0%0 0%0 0%0 0
Aditatva Estates Private Limited (w.e.f.15.06.2026) Promoter – – – – – – 0%0 0%0 0
Mahindra Kandivali Developers Limited (w.e.f.29.06.2026) Promoter – – – – – – 0%0 0%0 0
Mahindra Manulife Insurance Limited (w.e.f. 29.04.2026) Promoter – – – – – – 0%0 0%0 0
Mahindra Ideal Finance PLC [Formerly known as Mahindra Ideal Finance Limited] Other – – – – – – 0%0 0%0 0
Mahindra Sakura Developers Private Limited [Formerly known as Shreyas Stones Private Limited], Name changed w.e.f. 20.08.2026 Promoter New – – – – – – – 0%0 –
Novavayu Aerospace Limited (w.e.f. 29.07.2026) Promoter New – – – – – – – 0%0 –
Bristlecone Middle East FZCO [Formerly known as Bristlecone Middle East DMCC], Name suffix changed w.e.f. 15.09.2026 Other New – – – – – – – 0%0 –
MAM Co., Ltd. (Formerly known as Mitsubishi Mahindra Agricultural Machinery Co., Ltd.), Name changed w.e.f. 10.09.2026 Other New – – – – – – – 0%0 –
Shreyas Stones Private Limited (w.e.f. 27.06.2025) Promoter Exited / below 1% – – – – 0%0 0%0 0%0 – –
Bristlecone Middle East DMCC Other Exited / below 1% – – – – 0%0 0%0 0%0 – –
Mitsubishi Mahindra Agricultural Machinery co., Ltd. Other Exited / below 1% – – – – 0%0 0%0 0%0 – –
SSPL SECURITIES PRIVATE LIMITED Public Exited / below 1% – – 1.04%0.02 – 1.04%0.02 1.04%0.02 – – –
Mahindra Ideal Finance Limited [Formerly known as Ideal Finance Limited] Other Exited / below 1% – – – – 0%0 0%0 – – –
Bristlecone India Limited Promoter Exited / below 1% – – – – 0%0 – – – –
Mahindra-BT Investment Company (Mauritius) Limited Other Exited / below 1% – – – – 0%0 – – – –
SUMITOMO CORPORATION Other Exited / below 1% 43.96%0.64 43.96%0.64 43.96%0.64 – – – – – –
ISUZU MOTORS LIMITED Institution Exited / below 1% 15%0.22 15%0.22 15%0.22 – – – – – –
Investor Education and Protection Fund (IEPF) Public Exited / below 1% 1.84%0.03 1.84%0.03 1.84%0.03 – – – – – –

Companies only disclose holders with 1% or more, so “Exited / below 1%” can also mean the stake fell under 1%. “pp” = percentage points.

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