Mahindra & Mahindra Ltd.

Mahindra & Mahindra has informed that the Company has today at 10.37 am completed the execution of a Share Purchase Agreement with Mahindra Overseas Investment Company (Mauritius), a wholly owned subsidiary of the Company (MOICML) and Mahindra – BT Investment Company (Mauritius), a subsidiary of MOICML and the Company (MBTICM) whereby the Company has agreed to acquire 67,71,600 Equity Shares of MBTICM constituting 57% of its Paid-Up Equity Share Capital from MOICML. Upon completion of the said transaction, MOICML’s shareholding in MBTICM would become NIL and the Company would hold 57% of the paid-up equity share capital of MBTICM. Consequently, MBTICM would cease to be a subsidiary of MOICML and become a direct subsidiary of the Company. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, are given in Annexure A to this letter.

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