Mahindra & Mahindra Ltd.

Pursuant to the changes introduced by Finance Act, 2020, Dividend Distribution Tax has been abolished with effect from 1st April, 2020 and the Dividend income has become taxable in the hands of the Shareholders, Mahindra & Mahindra has informed that it enclosed an email communication which has been sent to all the Shareholders whose email addresses are registered with the Company/RTA or Depositories indicating the process and documentation required for claiming tax exemption on dividend.

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