Mahindra & Mahindra Ltd.

In compliance with the undertaking given to the Exchanges at the time of listing of shares that were allotted to Mahindra & Mahindra Employees Stock Option Trust (the Trust), Mahindra & Mahindra has informed about the details of the employees to whom the shares have been transferred by the Trust on 13th March, 2019, pursuant to the exercise of the Stock Options granted under the Company’s Employees Stock Option Scheme. The same is marked as Annexure I.

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