M&M2026-07-30M&M2026-07-302026-07-30M&M2026-07-302026-07-30

AmalgamatedEntityDomain1

M&M2026-07-30

AmalgamatedEntityDomain1

M&M2026-07-302026-07-30

AmalgamatedEntityDomain2

M&M2026-07-30

AmalgamatedEntityDomain2

xbrli:purexbrli:shares

500520

Mahindra and Mahindra Limited

M&M

NOTLISTED

INE101A01026

New

Amalgamation/ Merger

true

2026-07-30

12:50:00

2026-07-30

Mahindra & Mahindra Limited

Transferee

Listed Entity (self)

Paid-up Capital- Rs.601.02 crore Net Worth - Rs. 73,994.77 crore Income from Operations- Rs. 1,47,765.35 crore

225577648

0.1845

954665689

0.7808

63285494

0.0347

1243528831

225577648

0.1845

954665689

0.7808

63285494

0.0347

1243528831

Mahindra Investment Company (Mauritius) Limited

Transferor

Subsidiary

Paid-up Capital- Rs.111.90 crore Net Worth - Rs. 134.95 crore Income from Operations- Rs. 4.69 crore

11880000

false

true

Mahindra Investment Company (Mauritius) Limited is a Wholly Owned Subsidiary of the Company

true

Transferor Company: The principal activity of the Transferor Company is to hold investments. Transferee Company: The Transferee Company is primarily engaged in the business of mobility products and farm solutions. The Company offers a wide range of products and solutions ranging from SUVs, pickups, commercial vehicles and tractors to farm machinery, gensets and construction equipment.

The merger of the Transferor Company with the Transferee Company would, inter alia, have the following benefits: • Ensure a streamlined group structure by reducing and rationalizing the number of overseas entities in the group structure; • Eliminating duplicative communication and co-ordination efforts across multiple entities and countries; • Reduction in the multiplicity of legal and regulatory compliances required at present to be carried out by the Transferor Company and Transferee Company; and • Optimal utilization of resources resulting into reduction in operational and compliance costs.

Others

There will be no cash or share consideration involved in the Scheme. Transferor Company is a wholly owned subsidiary of the Transferee Company, and the entire share capital of the Transferor Company is held by Transferee Company. Hence, upon the Scheme becoming effective, all shares held by the Transferee Company as on the Effective Date in the Transferor Company shall be cancelled and extinguished without any further act or deed and no new shares shall be allotted by the Transferee Company to any person whatsoever in consideration for this Scheme.

There will be no change in the shareholding pattern of the Company pursuant to the Scheme.

For row no. 17 - MICML is a wholly owned subsidiary of the Company and, therefore, qualifies as a related party to the Company. However, the Ministry of Corporate Affairs, vide General Circular No. 30/2014 dated 17th July 2014, has clarified that transactions arising from compromises, arrangements and amalgamations undertaken in accordance with the specific provisions of the Companies Act, 2013, do not fall within the ambit of related party transactions under Section 188 of the Companies Act, 2013. Further, transactions between a holding company and its wholly owned subsidiary are exempt from the requirement of prior approval of the Audit Committee applicable to related party transactions under Section 177 of the Companies Act, 2013. In addition, pursuant to Regulation 23(5)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions governing related party transactions are not applicable to transactions between a holding company and its wholly owned subsidiary. Accordingly, the provisions of Regulation 23 relating to related party transactions are not applicable to the proposed Scheme. For row no. 29 we have selected "Others" since there was no option to select "Not Applicable", further, in row no. 32 we have given explanation regarding this.