Monthly Business Updates

Mahindra & Mahindra Ltd. R,SG mahindra Mahindra Towers, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 India Tel: +91 22 2490 1441 Fax: +91 22 2490 0833 www.mahindra.com Ref.: M&M/SEC/2026-27/149 1st November 2026 National Stock Exchange of India Limited BSE Limited Scrip Code: M&M Scrip Code: 500520 Dear Sir/Ma’am, Sub: Three Press Releases issued by Mahindra & Mahindra Limited Please find enclosed three Press Releases issued by Mahindra & Mahindra Limited. Yours sincerely, For MAHINDRA & MAHINDRA LIMITED Sailesh Kumar Daga Company Secretary FCS: 4164 Encl: as above CC: Luxembourg Stock Exchange London Stock Exchange Plc ISIN: USY541641194 Regd. Office: Gateway Building, Apollo Bunder, Mumbai 400 001, India | Tel: +91 22 6897 5500 | Fax: +91 22 22875485 | Email: group.communication@mahindramail.com | mahindra.com | CIN No. L65990MH1945PLC004558 mahindra Mahindra & Mahindra Ltd. www.mahindra.com Press Release Mahindra Auto records highest ever SUV domestic sales of 73338 vehicles and total volumes of 131109 in October 2026 Mumbai, November 01, 2026: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of October 2026 stood at 131109 vehicles, a growth of 9% including exports. In the Utility Vehicles segment, Mahindra sold 73338 vehicles in the domestic market, a growth of 2% and overall, 74904 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 33037 a growth of 4%. According to Dr. Velusamy R, President, Automotive Business, Mahindra & Mahindra Ltd., “October was a landmark month for us, with SUV sales topping at 73338 units and total vehicle sales of 131109, both the highest we have ever clocked in a month. The festive season, together with a refreshed portfolio, kept demand strong across SUVs, pick-ups and three-wheelers. Our first CNG vehicle, the XUV 3XO ZNG has also seen strong traction with customers.” Passenger Vehicles Sales Summary (Domestic) – October 2026 October YTD October Category F27 F26 % Change F27 F26 % Change Utility Vehicles* 73338 71624 2% 431480 369194 17% Cars + Vans 0 0 Passenger Vehicles 73338 7164 2% 431480 369194 17% Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – October 2026 October YTD October Category F27 F26 % Change F27 F26 % Change LCV < 2T** 4383 4559 -4% 26278 21441 23% LCV 2 T – 3.5 T*** 28654 27182 5% 163380 141358 16% 3 Wheelers (including electric 17632 12762 38% 99690 66340 50% 3Ws)** Exports – October 2026 October YTD October Category F27 F26 % Change F27 F26 % Change Total Exports** 7102 4015 77% 37133 24318 53% Note- Total vehicle sales of 131109 units include SUVs, LCVs (<3.5T), 3-wheelers, and export volumes * Above UV Sales includes sales made by subsidiary company Mahindra Electric Automobile Limited ** Above Sales Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited ***Above Sales includes Bolero Maxx PUP HD 1.9 & HD 2.0 mahindra Mahindra & Mahindra Ltd. www.mahindra.com About Mahindra Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 3,24,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise. Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/newsroom Media contact information Nayana Borthakur Head - Communications Automotive & Farm Equipment Sector Mahindra & Mahindra Limited Email - borthakur.nayana@mahindra.com mahindra Rse Mahindra & Mahindra Ltd. www.mahindra.com Mahindra Farm Equipment Business sells 62,626 Tractors in October 2026 Mumbai, November 01, 2026: Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB), part of the Mahindra Group, today announced its tractor sales numbers for October 2026. Domestic sales in October 2026 were at 62,626 units, as against 72,071 units in October 2025, a 13% year-on-year degrowth. Total tractor sales (Domestic + Exports) during October 2026 were at 64,846 units, as against 73,660 units for the same period last year. Exports for the month stood at 2,220 units, growth of 40% over last year. Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra Ltd. said, “We have sold 62,626 tractors in the domestic market during October. The volume decline was primarily due to festive calendar shift, with Diwali moving to November this year from October last year. In the export markets, we have sold 2,220 tractors.” Farm Equipment Sector Summary Oct Cumulative Oct F27 F26 % Change F27 F26 % Change Domestic 62626 72071 -13% 325498 319407 2% Exports 2220 1589 40% 13416 11278 19% Total 64846 73660 -12% 338914 330685 2% *Exports include CKD About Mahindra Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 3,24,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise. Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room Media contact information mahindra Rse Mahindra & Mahindra Ltd. www.mahindra.com Nayana Borthakur Head – Communications Automotive & Farm Sector (Corporate) Mahindra & Mahindra Limited Email – borthakur.nayana@mahindra.com mahindra Mahindra & Mahindra Ltd. www.mahindra.com Press Release Mahindra’s Trucks & Buses Business sells 2838 vehicles in October 2026, registering a growth of 40% Mumbai, November 1, 2026: Mahindra & Mahindra Ltd. (M&M Ltd.), today announced that its overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month of October 2026 stood at 2838 vehicles, a y-o-y growth of 40%. Mahindra’s Trucks & Buses business comprises of Mahindra Truck & Bus division (MTBD) and SML Mahindra Limited (SML). According to Vinod Sahay, Executive Chairman – SML, President – Aerospace, Advanced Technologies, Trucks, Buses & CE, M&M, “October sustained the strong momentum built through Q2, supported by festive season demand, healthy freight movement and continued infrastructure-led activity across key sectors. While rising commodity and input costs warrant close monitoring, the underlying demand drivers, including infrastructure investments, replacement demand and economic activity, provide confidence in the outlook for the months ahead.” Trucks & Buses Business (MTBD+SML) - October 2026 October YTD October Category F27 F26 % Change F27 F26 % Change Cargo Vehicles 2036 1255 62% 10535 8139 29% Passenger Vehicles 802 779 3% 10108 8483 19% MTBD + SML Total 2838 2034 40% 20643 16622 24% Mahindra Trucks & Buses (MTBD) – October 2026 October YTD October Category F27 F26 % Change F27 F26 % Change Cargo Vehicles 1504 748 101% 7469 5210 43% Passenger Vehicles 269 227 19% 2769 2208 25% MTBD Total 1773 975 82% 10238 7418 38% SML Mahindra Limited (SML) – October 2026 Category October YTD October F27 F26 % Change F27 F26 % Change Cargo Vehicles 532 507 5% 3066 2929 5% Passenger Vehicles 533 552 -3% [Showing first 8,000 characters — download PDF for full document]