Mahindra & Mahindra Ltd.

Mahindra & Mahindra has informed that the Company has received an order from the Assistant Commissioner, Jurisdiction – Haridwar, Uttarakhand imposing a penalty u/s 129(3) of the Central Goods and Services Tax Act, 2017 amounting to Rs. 3,53,170/- due to certain clerical errors in the E-way bill. Based on the Company’s assessment, an appeal will be filed, and the Company is hopeful of a favourable outcome at the appellate level and does not reasonably expect the said Order to have any material financial impact on the Company. The Order dated 22nd November, 2024 has been received by the Company on 22nd November, 2024 around 04:20 pm. The details of the above Order, as required under Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 is enclosed as Annexure A.

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