INDIA MARKET LENS
◆ Mixed

M&M Group CEO Anish Shah Sells 76,357 Shares; Proceeds To Fund ESOP Taxes

Mahindra & Mahindra is in focus.

22 Sept 2026 · NDTV Profit

Shah has been the Group CEO and Managing Director of Mahindra & Mahindra since April 2020.

Against that, the stock is -1.6% on the day at ₹2,810.00, and has returned -12.1% over three months. It sits 26% below its 52-week high, which means a good deal of bad news was already in the price. The auto sector has moved -6.1% over the same period, so Mahindra & Mahindra is running 6.0 points behind its peers.

For Mahindra & Mahindra, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.

  • The company directly in focus is M&M.
  • Sector exposure: Auto.
M&MAuto