Mahindra Logistics Limited — Board/Management Information 2021

Jan 29, 2021

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Our Ref: MLLSEC/13/2021

Date: 29 January 2021

To, BSE Limited, (Security Code: 540768) Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001

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National Stock Exchange of India Ltd., (Symbol: MAHLOG) Exchange Plaza, 5[th ] Floor, Plot No. C/1, “G” Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051

Dear Sirs,

Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“Listing Regulations”)

Further to our letter dated 14 January 2021 and in compliance with Regulation 30 read with Schedule III and other applicable provisions of the Listing Regulations, we hereby inform you that the Board of Directors of the Company, at their meeting held today viz. Friday, 29 January 2021, have inter alia approved the following:

1. Approved the appointment of Mr. Dhananjay Mungale (DIN: 00007563) as an Additional (Independent) Director on the Board of the Company for a term commencing from 29 January 2021 up to the date of the Annual General Meeting of the Company to be held in the year 2025, subject to approval of the Members through ordinary resolution by way of Postal Ballot.

2. Recommended regularization of Mr. Naveen Raju (DIN: 07653394) as Non-Executive Director (NonIndependent) of the Company for approval of the Members through ordinary resolution by way of Postal Ballot.

   • 3 September 2020 with requisite details is enclosed.

3. Approved and recommended grant of up to 50,000 Restricted Stock Units to Mr. V. S. Parthasarathy, Non-Executive (Non-Independent) Director and Chairman of the Company, subject to approval of the Members through special resolution by way of Postal Ballot.

4. Approved seeking consent of the Members by way of Postal Ballot, in accordance with Section 110 of the Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014 for the above matters at item nos. 1 to 3.

Pursuant to the Ministry of Corporate Affairs General Circulars No. 14, 17, 22, 33 and 39/2020 dated 8 April 2020, 13 April 2020, 15 June 2020, 28 September 2020 and 31 December 2020 respectively, the Postal Ballot will be through remote e-voting facility only. The Board of Directors

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have fixed Friday, 29 January 2021 as the cut-off date for reckoning the voting rights of the Members for the purpose of the said postal ballot.

This intimation is also being uploaded on Company’s website https://www.mahindralogistics.com

Kindly take the same on record and acknowledge receipt.

Thanking you,

Yours faithfully,

For Mahindra Logistics Limited

Brijbala Digitally signed by Brijbala Mohanla Mohanlal Batwal Date: 2021.01.29 l Batwal 18:20:07 +05'30'

Brijbala Batwal Company Secretary

Enclosures: As above

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