Mahindra & Mahindra has informed that the Company has come across an Article titled ‘Mahindra, parts maker Minda eye local rare earths production to cut reliance on China, Sources say’ dated 10th July, 2025 published in economic times website. In view of the above speculation, the Company on its own considers it necessary to clarify to the Stock Exchanges that a) The Company evaluates various strategic opportunities in the ordinary course, for growth and expansion of its business. At this stage, there is no material event/ information that requires disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). The Company will make appropriate disclosures in compliance with applicable laws, as and when required. b) The Company has a valued relationship with Uno Minda as a supplier. However, it has no discussions ongoing or plans to collaborate with Uno Minda on rare earth production. The Company has complied with and continues to comply with the relevant disclosure norms under the Listing Regulations.
The above information is a part of company’s filings submitted to BSE.