Please refer to the enclosed file.

Mahindra & Mahindra Ltd. 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 M&M/SEC/2026-27/092 6th August 2026 National Stock Exchange of India Limited BSE Limited Scrip Symbol: M&M Scrip Code: 500520 Sub: Update on Divestment of entire Stake in Erkunt Sanayi Anonim Şirketi, a step-down subsidiary of the Company Re: Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, In furtherance of our letters dated 10th April 2026 and 30th June 2026, we hereby inform you that the Company received an intimation today, i.e., 6th August 2026 at 09:37 p.m. (IST), that Mahindra Overseas Investment Company (Mauritius) Limited (“MOICML”), a wholly owned subsidiary of the Company, along with its wholly owned subsidiary, Erkunt Traktör Sanayii Anonim Şirketi (“Erkunt Traktor”), has completed the sale of its entire stake in Erkunt Sanayi Anonim Şirketi (“Erkunt Foundry”). Consequently, Erkunt Foundry has ceased to be a subsidiary of MOICML and, in turn, a step-down subsidiary of the Company, with effect from 6th August 2026. You are requested to kindly take the same on record and treat the same as compliance with the applicable provisions of the Listing Regulations. Yours sincerely, For Mahindra & Mahindra Limited Sailesh Kumar Daga Company Secretary FCS: 4164 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