Action(s) initiated or orders passed

SML Mahindra Limited Trucks & Buses Regd. Office & Works: Village Asron, Dis(cid:425). Shahid Bhagat Singh Nagar (Nawanshahr) Punjab – 144533 Tel +91 1881 270155 SML/SEC/2026-27-046 31st July, 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 Symbol: SMLMAH Subject- Disclosure under Regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Clause 20 of Para A of Part A of Schedule III. Dear Sir(s), Pursuant to regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) read with clause 20 of Para A of Part A of Schedule III of the LODR Regulations, the details of an order received by the Company from Income Tax Department is enclosed herewith as Annexure A. You are requested to kindly take note of the above information on your records. Yours faithfully For SML MAHINDRA LIMITED (Formerly SML ISUZU LIMITED) (PARVESH MADAN) Company Secretary & Compliance Officer pmadan@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 SML Mahindra Limited Trucks & Buses Regd. Office & Works: Village Asron, Dis(cid:425). Shahid Bhagat Singh Nagar (Nawanshahr) Punjab – 144533 Tel +91 1881 270155 Annexure A Order from National Faceless Appeal Centre (NFAC)- Income Tax Department Delhi. Name of the Authority Commissioner of Income-Tax (Appeals) Income Tax Department. Nature and details of the In continuation to the earlier order dated 28.02.2024 action(s) taken or order(s) communicated to stock exchanges on 29.02.2024 vide passed letter no. SML/SEC/2023-24-113. Now, the Authority has allowed the Company's appeal for Assessment Year (AY) 2016-17 and has consequently nullified the penalty demand of Rs 11.56 lakhs vide order issued under Section 250 of the Income Tax Act, 1961. Date of receipt of direction or 31-07-2026 order, including any ad-interim at 03:55 AM or interim orders, or any other through e-mail. communication from the authority Details of the violation(s)/ An order dated 28.02.2024 had been issued by Income contravention(s) committed or Tax Department (Assessment Unit) for AY 2016-17 and alleged to be committed imposed a penalty of Rs 11.56 Lacs on the company under section 271(1)(c) of the Income tax Act, which was informed to Stock exchanges on 29.02.2024. Impact on financial, operation Impact- As mentioned above. or other activities of the listed entity, quantifiable in monetary terms to the extent possible 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