With reference to letter(s) dated 14th December 2023, 19th January 2024 and 22nd May 2024 intimating about the approval of Board of Directors for undertaking supplemental business activity of soliciting and procuring insurance business as a ‘Corporate Agent (composite)’ in the areas of life, health and general insurance, approval of members for amendment to the Memorandum of Association for the same, and receipt of Certificate of Registration from Insurance Regulatory and Development Authority of India to act as a ‘Corporate Agent (Composite)’ under the Insurance Act, 1938, respectively, Mahindra & Mahindra Financial Services has informed that the Company has entered into partnership with Kotak Mahindra Life Insurance Company to offer Life Insurance to the Company’s customers. The press release being issued in this regard is enclosed. The Company also plans to enter into partnerships and alliances with other Insurance Companies for offering insurance solutions. This intimation is also being uploaded on the Company's website at https://www.mahindrafinance.com/investor-relations/regulatory-filings.
