Shareholders meeting

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 Ref No.: M&M/SEC/2026-27/063 4th July 2026 National Stock Exchange of India Limited BSE Limited Scrip Symbol: M&M Scrip Code: 500520 Sub: Integrated Annual Report for the Financial Year 2025-26 and Notice of the 80th Annual General Meeting (“AGM”) of the Company Ref: Regulations 30, 34 and 53 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Dear Sir/Ma’am In continuation to our letter dated 5th May 2026 wherein we intimated that the 80th AGM of the Company will be held on Thursday, 30th July 2026 at 3.00 p.m. Indian Standard Time (IST) through Video Conferencing/Other Audio-Visual Means and pursuant to the relevant provisions of SEBI LODR Regulations, please find enclosed the following: 1. Integrated Annual Report for the Financial Year 2025-26; and 2. Notice of the 80th AGM of the Company (“AGM Notice”). A brief summary of the agenda items proposed to be transacted at the 80th AGM is given as Annexure A. The key details pertaining to the e-voting process are set out below: • The Company has provided e-voting facility to its members to enable them to cast their votes on the Resolutions as set forth in the AGM Notice. • A person whose name appears in the Register of Members or in the Register of Beneficial Owners maintained by the Depositories as on the cut-off date i.e. Thursday, 23rd July 2026 only shall be entitled to avail the facility of remote e-voting as well as voting at the AGM. The voting rights of Members shall be in proportion to their share in the paid-up Equity Share Capital of the Company as on the cut-off date. • The remote e-voting period will commence on Saturday, 25th July 2026 at 9:00 a.m. (IST) and will end on Wednesday, 29th July 2026 at 05:00 p.m. (IST) and thereafter, the remote e-voting module shall be disabled for voting. • E-voting facility will also be available during the AGM to those members, who have not cast their vote through remote e-voting. • Detailed instructions for remote e-voting, participation in the AGM through VC/OAVM mode and e-voting at the AGM are provided in the AGM Notice. The PDF and Flip Book version of the Integrated Annual Report for Financial Year 2025-26 and the AGM Notice can be accessed/downloaded from the weblink given below: • https://www.mahindra.com/MM-Annual-Report-2025-26.pdf • https://www.mahindra.com/annual-report-FY2026/index.html The aforesaid documents are being sent electronically to those Members and holders of Non-Convertible Debentures (“NCD holders”) whose e-mail Ids are registered with the Company/KFin Technologies Limited (Registrar to an Issue and Share Transfer Agent of the Company) or the Depositories and the physical copies of the same will be provided to the Members and NCD holders on request. Further, in compliance with Regulation 36(1)(b) and 58 (1)(b) of the SEBI LODR Regulations, the Company will also send a letter with the weblink and QR code of Integrated Annual Report for the Financial Year 2025-26 and the Notice of the 80th AGM to those Members/ NCD Holders whose e-mail Ids are not registered with the Company/the Registrar to an Issue & Share Transfer Agent/the Depository Participant(s)/ debenture trustees, to access on the Company’s website. This intimation is also being uploaded on the Company’s website at https://www.mahindra.com 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 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 Annexure - A Brief Summary of the Agenda Items proposed to be transacted at the 80th Annual General Meeting (“AGM”) of the Company Resolution Details of the Resolution Ordinary/ No. Special Resolution Ordinary Business: 1 Consideration and Adoption of the Audited Standalone Financial Statements of the Company Ordinary for the Financial Year ended 31st March 2026 and the Reports of the Board of Directors and Auditors thereon 2 Consideration and Adoption of the Audited Consolidated Financial Statements of the Ordinary Company for the Financial Year ended 31st March 2026 and the Report of the Auditors thereon 3 Declaration of Dividend on Ordinary (Equity) Shares Ordinary 4 Re-appointment of Mr. Sat Pal Bhanoo as a Director liable to retire by rotation Ordinary 5 Re-appointment of Mr. Ranjan Pant as a Director liable to retire by rotation Ordinary Special Business: 6 Ratification of Remuneration payable to M/s. D. C. Dave & Co., Cost Accountants (Firm Ordinary Registration No. 000611), appointed as the Cost Auditors of the Company for the Financial Year ending 31st March 2027 7 Payment of Remuneration to Mr. Anand G. Mahindra as a Non-Executive Chairman of the Special Company 8 Approval of Material Related Party Transactions between the Company and Mahindra Ordinary Electric Automobile Limited, a Subsidiary of the Company 9 Approval of Material Related Party Transactions between Mahindra USA Inc. (MUSA), a Ordinary wholly owned subsidiary of the Company and Mahindra Finance USA LLC (MFUSA), an associate of Mahindra & Mahindra Financial Services Limited, a subsidiary of the Company 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 AAcccceelleerraattiioonn iinn UUnncceerrttaaiinnttyy Integrated Annual Report 2025-2026 Mahindra & Mahindra Limited INTEGRATED ANNUAL REPORT 2025-26 MAHINDRA & MAHINDRA LIMITED 01 MESSAGE FROM THE LEADERS 02 Integrated Annual Report 2025-26 CHAIRMAN’S MESSAGE The next global order may be built by ‘connectors’ in a fragmented world. This opens up an opportunity for India to be a ‘connector economy’. Anand G. Mahindra Chairman Dear Shareholders, In my letter to you last year, I had described the prevailing Your company too has extracted some amrit from the Can we continue to reap the amrit in this new Manthan? For It is time to move from navigation to acceleration. As the global situation as a Samudra Manthan – a churning. Manthan. The results for the year gone by are outstanding India, the stars are favourable. India’s rise today is being mist of uncertainty billows around us, we will look for and have hit historical highs. We are rewriting the rules of increasingly aligned with the way the world is being enduring advantage by going into Attack Mode. Attack I acknowledged that every country and every company was mobility and comfort with the revolutionary NU_IQ reconfigured. Mark Carney and many other global leaders Mode is a strategy adopted in Formula E racing, where a inescapably going to have to swallow some of the poison platform. The number of patents granted has jumped from have called for the world to move beyond rigid trading racing driver makes a deliberate choice to accelerate at the churned up by the Manthan. 56 to 1,300+ in the last one decade, showcasing our blocs towards multiple coalitions, and this is happening as right moment, in imperfect conditions. In ideal conditions, capacity to innovate, despite the tsunami swirling around we speak. overtaking is difficult, because everyone is at speed. However, I had also urged that instead of focusing on mere us. mitigation of the effects of the poison, we could proactively The next global order may well be built by those who can It is when conditions are rainy or hazy that calculated view the Manthan as an opportunity to garner some of the The Mahi [Showing first 8,000 characters — download PDF for full document]