MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - Transfer Of Equity Shares By Mahindra & Mahindra Financial Services Limited Employees' Stock Option Trust To The Stock Option Grantees

We are enclosing the details of the eligible employees to whom the shares have been transferred by the Mahindra & Mahindra Financial Services Limited Employees' Stock Option Trust pursuant to the exercise of the Stock Options granted under the Mahindra & Mahindra Financial Services Limited Employees' Stock Option Scheme - 2010. The same is marked as Annexure I. <BR> <BR> <BR> Kindly acknowledge receipt.<BR>