M&M2026-04-09M&M2026-04-092026-04-09M&M2026-04-09in-capmkt:FinancialYear1MemberM&M2026-04-09in-capmkt:FinancialYear2MemberM&M2026-04-09in-capmkt:FinancialYear3MemberM&M2026-04-092026-04-09in-capmkt:FinancialYear1MemberM&M2026-04-092026-04-09in-capmkt:FinancialYear2MemberM&M2026-04-092026-04-09in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pureM&MMahindra & Mahindra LimitedNewAcquisition (including agreement to acquire)2026-04-092026-04-09Mahindra and Mahindra LimitedListed Entity (self)Neon Hybren Private Limited001080000falsefalsetrueNeon is primarily involved in production and Sale of Power and Generating Electricity, Distributed Energy including rooftop solar installation for commercial, industrial, institutional and residential segment, IPP etc.Neon to develop up to 30 Mega Watts (‘MW’) AC Solar Power Project (Group Captive Generating Plant) located in the state of Punjab, India As per electricity rules of 2005, captive consumers are required to hold atleast 26% share capital of the Neon To ensure compliance with aforesaid electricity rules, Neon to offer and issue equity shares on preferential basis to the Company and other captive consumers Post completion of transaction, Company will directly hold 26% equity shares of Neon and Neon will continue to be the step-down subsidiary of the Company The proceeds shall be utilized by Neon for future business operations of the Company and other general corporate purposes NAtrue31st December 2026CashThe Company (“M&M”) will invest in Neon upto an amount of Rs. 11.17 crores in one or more tranches by subscribing such number of shares as may be determined in accordance with the terms of SSSHA and based on the valuation report11170000000.26Neon Hybren Private Limited company incorporated and domiciled in India. Neon is primarily involved in Production and Sale of Power and Generating Electricity, Distributed Energy including rooftop solar installation for commercial, industrial, institutional and residential segment, IPP etc.2024-05-032024-202502023-202402022-20230IndiaFor row no. 13,14 and 15 - Revenue of Neon is Nil, Profit after Tax is negative i.e. (9.23) Lakhs and Networth is Rs. 10.77 lakhs, all the figures are for the year ended 31st March 2025. For row no. 17-21 - The transaction falls within the ambit of related party transaction and neccessary approval of Audit Committee has been taken. We have selected no in row no. 17 because date of board meeting is a mandatory column and the transaction does not require Board to approve it as a RPT. Further, we also confirm that the transaction is not a material related party transaction. For row no. 22 - None of the Promoter / Promoter group / Group companies have any interest in Neon, except to the extent of shares held by the Company’s subsidiary (i.e. Mahindra Susten Private Limited (“MSPL”) in Neon. For row no. 36, 37 and 38 - It is clarified that Neon is a wholly owned subsidiary of Mahindra Susten Private Limited (“MSPL”), which in turn is a subsidiary of Mahindra Holdings Limited (“MHL”). MHL is a wholly owned subsidiary of the Company, therefore, Neon is a step-down subsidiary of the Company. Till date Company does not hold any stake in Neon directly, hence, in column of existing percentage of shareholding, we have put "0" Further, today the Company additionally acquired 26% stake in Neon directly. For row no. 42 - the turnover for year ended 2025 is NIL. For row no. 43 and 44 - there was no turnover as the Company was not incorporated.