Mahindra & Mahindra Ltd.

Mahindra & Mahindra has informed about that the company has received an intimation on December 19, 2018 from Mahindra Holidays & Resorts India Limited, a listed subsidiary of the company (‘MHRIL’) informing that Holiday Club Canarias Investment S.L.U., Spain, step down subsidiary of Holiday Club Resorts Oy, Finland and of MHRIL and of the company, has acquired 100% stake in Passeport Sante SL (‘Passeport’). Consequent to this, Passeport has become step down subsidiary of MHRIL and in turn of the company. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/ CFD / CMD / 4/ 2015 dated 9th September, 2015 and as intimated by MHRIL is attached to the Annexure to this letter.

The above information is a part of company’s filings submitted to BSE.