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Home / Companies / Mahindra & Mahindra Limited / 4 Aug 2023

Meeting · year to 30 June 2024109 filers reporting

Mahindra & Mahindra Limited: meeting of 4 Aug 2023

Votes reported on Form N-PX, item by item

109 Form N-PX filers reported votes at the Mahindra & Mahindra Limited meeting of 4 Aug 2023. Their records fall into 8 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.

foragainstabstain, withhold or otheramber tick: the portion cast against management

Items

1

DIRECTOR ELECTIONSIssuer

Director elections

2 nominees; 43.4% of reported votes for; 68 filers withheld from or voted against at least one nominee.

362 vote records from 107 filers. 56 of the 107 filers that marked the item either way voted against management.

40.2% for51.4% against8.4% other52.3% against management107 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

2 vote records from 1 filers. 0 of the 1 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management1 filers100.0% for0.0% against0.0% against management159,698 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

37 vote records from 29 filers. 0 of the 29 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management29 filers100.0% for0.0% against0.0% against management12,759,080 reported shares
4

EXTRAORDINARY TRANSACTIONSIssuer

EXTRAORDINARY TRANSACTIONS: management items

Management items in this category are shown together; filers word and number them differently.

57 vote records from 14 filers. 0 of the 14 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management14 filers100.0% for0.0% against0.0% against management18,853,782 reported shares, counted once per item in this group
5

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

181 vote records from 107 filers. 0 of the 107 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management107 filers100.0% for0.0% against0.0% against management103,213,899 reported shares, counted once per item in this group
6

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

685 vote records from 107 filers. 0 of the 107 filers that marked the item either way voted against management.

98.1% for0.0% against1.9% other0.0% against management107 filers98.3% for1.6% against0.1% other1.7% against management399,548,987 reported shares, counted once per item in this group
7

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

Management items in this category are shown together; filers word and number them differently.

992 vote records from 107 filers. 3 of the 107 filers that marked the item either way voted against management.

97.2% for2.8% against2.8% against management107 filers99.3% for0.7% against0.7% against management587,874,742 reported shares, counted once per item in this group
8

OTHERIssuer

OTHER: management items

Management items in this category are shown together; filers word and number them differently.

72 vote records from 16 filers. 0 of the 16 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management16 filers100.0% for0.0% against0.0% against management13,116,717 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors3. Auditor
VanguardForFor
BlackRock and iSharesForNo report
FidelityAgainst *No report
DimensionalAgainst *No report
State Street and SPDRAgainst *No report
American CenturyAgainst *No report
Franklin TempletonAgainst *No report
InvescoSplit or no voteNo report
EquitableForNo report
Charles SchwabForFor
Nuveen and TIAAForNo report
John Hancock and ManulifeAgainst *For
Morgan Stanley, Eaton Vance and CalvertForNo report
J.P. MorganSplit or no vote *For
Goldman SachsForFor
WisdomTreeAgainst *No report
PGIM and PrudentialForFor
Jackson National fundsAgainst *For
Northern Trust and FlexSharesAgainst *No report
SEIForFor
Lincoln FinancialAgainst *No report
VoyaAgainst *No report
First TrustAgainst *No report
Russell InvestmentsForFor
Victory CapitalAgainst *No report
Brighthouse FundsAgainstNo report
Columbia ThreadneedleSplit or no voteNo report
BNY MellonAgainst *No report
Pacific Life fundsAgainst *No report
Global XForFor
MFSForNo report
TransamericaForFor
Federated HermesAgainst *For
AllianceBernsteinSplit or no voteNo report
Hartford FundsForFor
PIMCOAgainst *No report
AllspringAgainst *No report

* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.

Questions

How did large funds vote at the Mahindra & Mahindra Limited meeting?

109 Form N-PX filers reported votes at the meeting of 4 Aug 2023. On say-on-pay, 0 of 1 voted against management (0.0%). The family table lists each of the largest families item by item.

Is this the meeting result?

No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Mahindra & Mahindra Limited on Form 8-K.

Why are director elections shown as counts only?

Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.

Every meeting on file for Mahindra & Mahindra Limited

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Mahindra & Mahindra Limited with a meeting date within three days of 4 Aug 2023. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.