General Updates

SML Mahindra Limited Trucks & Buses Regd. Office & Works: Village Asron, Distt. Shahid Bhagat Singh Nagar (Nawanshahr) Punjab – 144533 Tel +91 1881 270155 SML/SEC/2026-27-051 25th August, 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 12th June, 2020 Sub: Additional information to the shareholders - Dissemination of Business Valuation Report and Fairness Opinion referred to in the Postal Ballot Notice dated 7th August 2026 Ref : Our communication vide letter No. SML/SEC/2026-27-048 dated 7th August 2026 Dear Sir/Madam, 1. Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), and with reference to the Postal Ballot Notice dated 7th August 2026 issued by SML Mahindra Limited ("the Company") in connection with the proposed transaction(s)/matter(s) set out therein, the Valuation Report dated 27th July 2026 issued by BDO Valuation Advisory LLP (“Business Valuation Report”) and fairness opinion dated 27th July, 2026 issued by Ernst & Young Merchant Banking Services LLP (“Fairness Opinion”), referred in the aforesaid Postal Ballot notice was stated to be electronically available to all shareholders for inspection via process mentioned therein. 2. We now wish to inform you that in order to facilitate and ensure wider dissemination of information, the Business Valuation Report and Fairness Opinion referred to in the aforesaid Postal Ballot Notice has been made available to the shareholders of the Company for their information at the website of the Company at https://smlmahindra.com/IN/investors/agm. 3. The Company is also circulating the aforesaid information through electronic mail to all shareholders whose e-mail addresses are registered with the Company, Registrar and Transfer Agent and/or Depositories. Yours faithfully 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