Mahindra & Mahindra Ltd.

Mahindra & Mahindra has informed that the Company has received an intimation today at 09.26 a.m from Mahindra Lifespace Developers, a listed subsidiary of the Company (MLDL) informing about execution of Shareholders Agreement (SHA) and Investment Agreement amongst MLDL, Mitsui Fudosan (Asia) (MFA) and Mahindra Blossom Developers (MBLDL) on 9th February 2026, wherein, MLDL will transfer 49% equity stake held in MBLDL to MFA. Pursuant to which, MBLDL would cease to be the Wholly Owned Subsidiary (WOS) of MLDL, and it will become a Subsidiary of MLDL, however, it would continue to remain a Step-down subsidiary of the Company. The details as required under the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, form part of intimation submitted by MLDL, which is attached as Annexure - A to this letter. This intimation is also being uploaded on the Company’s website at https://www.mahindra.com.

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