SML Mahindra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve various matters in connection with the Rights Issue, including but not limited to the specific terms of the Issue, such as the determination of the issue price, rights entitlement ratio and other matters incidental thereto, and to approve the letter of offer and fix the record date for determining ....

SML Mahindra Limited Trucks & Buses Regd. Office & Works: Village Asron, Distt. Shahid Bhagat Singh Nagar (Nawanshahr) Punjab – 144533 Tel +91 1881 270155 SML/SEC/2026-27-069 6th November, 2026 Dy. General Manager- The Secretary, Corporate Relationship Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5th Floor, P.J Towers, Plot no. C/1, G Block Dalal Street Fort, Bandra- Kurla Complex Mumbai-400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 505192 Scrip Code: SMLMAH Dear Sir / Madam, Sub: Intimation of Board Meeting under Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is in reference to the intimation regarding the outcome of the meeting of the Board of Directors of the Company (“the Board”) held on 6th November, 2026, wherein the Board inter alia, approved the raising of funds through the issuance of fully paid-up equity shares of the Company by way of a Rights Issue (the “Right Issue”), to the eligible shareholders, for an amount not exceeding Rs.1450 Crore (Rupees One Thousand Four Hundred and Fifty Crore). In this regard, we wish to inform that the meeting of the Board of Directors of the Company is scheduled to be held on 13th November, 2026, inter alia, to consider and approve various matters in connection with the Rights Issue, including but not limited to the specific terms of the Issue, such as the determination of the issue price, rights entitlement ratio and other matters incidental thereto, and to approve the letter of offer and fix the record date for determining eligible shareholders for participation in the Rights Issue, rights issue period etc., upon receipt of in-principle approval from the stock exchanges where the securities of the Company are listed or such other regulatory authorities as may be required. This intimation is issued in terms of Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This intimation is also being uploaded on the Company’s website and can be accessed at the weblink: https://smlmahindra.com/IN. We kindly request you to take the above on record. Thanking you, For SML Mahindra Limited (formerly SML Isuzu Limited) (PARVESH MADAN) Company Secretary & Compliance Officer madan.parvesh@smlmahindra.com ACS-31266 SML Mahindra Limited (Formerly SML Isuzu Limited) Corporate Office: 1st Floor, T-7 Tech Park, C-119, Industrial Area Phase-7, SAS Nagar (Mohali) – 160055 (Punjab), Telephone 0172 - 2647700-02 CIN No. L50101PB1983PLC005516 Website: www.smlmahindra.com