Mahindra & Mahindra Ltd. — Director's Dealing 2025

Jan 24, 2025

Mahindra & Mahindra Ltd . Mahindra Towers, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 India

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Tel: +91 22 2490 1441 Fax: +91 22 2490 0833 www.mahindra.com

REF: NS: SEC: 24[th] January, 2025

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

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400001.

The Luxembourg Stock Exchange 35A Boulevard Joseph II, L-1840 Luxembourg.

London Stock Exchange Plc 10 Paternoster Square London EC4M 7LS.

Sub: Transfer of Equity Shares by Mahindra & Mahindra Employees’ Stock Option Trust to the Stock Option Grantees

In compliance with the undertaking given to the Exchanges at the time of listing of shares that were allotted to Mahindra & Mahindra Employees’ Stock Option Trust (“the Trust”), we are enclosing the details of the Stock Option Grantees to whom the shares have been transferred by the Trust on 24[th ] January, 2025, pursuant to the exercise of the Stock Options granted under the Company’s Employees’ Stock Option Scheme. The same is marked as Annexure I.

Kindly acknowledge receipt.

Yours faithfully,

For MAHINDRA & MAHINDRA LIMITED

NARAYAN Digitally signed by NARAYAN SHANKAR SHANKAR Date: 2025.01.24 15:18:26 +05'30'

NARAYAN SHANKAR COMPANY SECRETARY

Encl: a/a

Regd. Office: Gateway Building, Apollo Bunder, Mumbai 400 001, India | Tel: +91 22 6897 5500 | Fax: +91 22 22875485 | Email: group.communication@mahindramail.com | mahindra.com | CIN No. L65990MH1945PLC004558

ANNEXURE – I

MAHINDRA & MAHINDRA EMPLOYEES STOCK OPTION TRUST LIST OF STOCK OPTION GRANTEES WHO HAVE EXERCISED THEIR OPTIONS

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Sr No Name Total No. of Options exercised
1 Paul Ollukkaran 53
2 Nandadeepak Patil 224
3 Santosh Deshmukh 50
4 Tushar Somoshi 106
5 Harish B. Kinkar 50
6 Santosh Jadhav 50
7 C Niranjan Kumar 975
8 Velayudham N 104
9 Surendra Khinchi 101
10 Sanjay Shewale 102
11 Vinayak Sadekar 50
12 Golla Srinivasa Rao 65
13 Puneet Mehta 481
14 Ashutosh Vidwans 1,593
15 Vijith V 386
16 Mandar Joshi 50
17 Rajeev Dhiman 300
18 Mustansir Burhanpurwala 200
19 Ashay Shah 701
20 Sunil Bhatt 376
21 Sivaramakrishna Challa 300
22 Chandan Munot 100
23 Nagappan Ilango 350
24 Shitanshu Kulkarni 100
25 Sanjay Gawde 939
26 Jujhar Virk 150
Total 7,956
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