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mahlndra REF:NS:SEC: 19th December, 2018 National Stock Exchange of India Limited "Exchange Plaza", 5 th Floor, Plot N o.c/1., G Block Bandra-Kurla Complex Bandra (East), Mumbai 400051. Bourse de Luxembourg Societe de la Bourse de Luxembourg Societe Anonyme/R.C.B. 6222, B.P. 165, L-2011 Luxembourg. Mahindra & Mahindra Ltd. Mahindra Towers, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 India Tel: +91 22 24901441 Fax: +91 22 24975081 BSELimited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400001. London Stock Exchange Pk 10 Paternoster Square London EC4M 7LS. Sub: Mahindra's much-awaited SUV, the S201 is christened XUV300 Key Highlights: Offers a comprehensive package of (1) Head-turning, Cheetah-inspired Design (2) 'Fun-to-drive' Performance (3) First-in-class Hi-Tech Features (4) Best-in-class Safety (5) Class-defining Interiors Available in both Petrol & Diesel versions To be launched in 1 st half of February 2019 The Company today unveiled the brand name of its highly-anticipated new offering, codenamed S201, as the XUV300 (pronounced as XUV, 3 double 'Oh'). No product is being currently launched but the Company is voluntarily furnishing details in this regard as per clause 3.2 of Para B of the SEBI Circular No. CIR/ CFD / CMD / 4/2015 dated 9 th September, 2015 read with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in Annexure A to this letter. Please also find enclosed a Press Release issued in this regard. This is for your information. Kindly acknowledge receipt. Yours faithfully, For MAHINDRA & MAHINDRA LIMITED NARAYAN SHANKAR JiY' COMPANY SECRETARY Encl.: a/a Regd Office: Gateway Building. Apollo Sunder, Mumbai 400 001, India Tel:+ 91 22 22021031 I Fax:+ 91 22 22875485 Email group,communation@mahindra com mahindra.com GIN NO. L65990MH1945PLC004558

AnnexureA Sr. Details of Events that need to Information of such events(s) No. be provided a) name of the product; Mahindra XUV300 b) date of launch; As announced in the press release, the launch is scheduled in the 1 st half of February 2019 c) category of the product; This is a compact SUV d) whether caters to domestic/ Product is not yet launched in India, hence international market; this is not applicable e) name of the countries in which Not Applicable the product is launched (in case of international) -,,,_ --... ({Ti :.... ojj

Press Release Mahindra s much-awaited SUV, the S201 is christened XUV300 Head-turning, Cheetah-inspired Design Class-defining, Premium Interiors Copyright 2018 Mahindra & Mahindra Ltd. All rights reserved. 1

Key Highlights: Offers a comprehensive package of (1) Head-turning, Cheetah-inspired Design (2) Fun-to-drive Performance (3) First-in-class Hi-Tech Features (4) Best-in-class Safety (5) Class-defining Interiors Available in both Petrol & Diesel versions To be launched in 1 st half of February 2019 Mumbai, December 19, 2018: Mahindra & Mahindra Ltd. (M&M), a part of the US $20.7 billion Mahindra Group, today unveiled the brand name of its highly-anticipated new offering, code-named S201, as the XUV300 (pronounced as XUV, 3 double Oh ). The XUV300 shares its platform with the SsangYong Tivoli which is a globally successful product that has sold over 260,000 vehicles in 50+ countries since its launch in 2015. The Tivoli has also received multiple safety and ergonomic awards including a Grade 1 (highest) safety award from the 2015 KNCAP (Korean New Car Assessment Program), automotive safety test. The XUV300 carries forward the characteristics of the XUV500 with its cheetah-inspired design, cheetahlike agility, thrilling performance and advanced technology features. The XUV300 s headlamps integrate with the fog lamps forming a Cheetah-like tear-duct, while the pronounced wheel arches are inspired from the muscular haunches of the Cheetah. Its modern grille, sculpted bonnet, pronounced shoulder & body lines along with an elevated stance, give the XUV300 a bold and charismatic road presence. In addition, its dual LED DRLs and bold LED tail lamps, create an indelible visual signature. Speaking at the name reveal, Dr. Pawan Goenka, Managing Director, M&M Ltd. said The XUV300 is our latest offering in the next generation of aspirational Mahindra vehicles, after the Marazzo and the Alturas G4. Our new breed of vehicles are products of engineering excellence, offer high refinement and are built on global platforms. XUV500 enjoys huge equity in consumers minds and now with the XUV300, the XUV brand will evolve into a family of vehicles that stands for sophistication with performance. Rajan Wadhera, President Automotive Sector, M&M Ltd. said The XUV300 is an all-new product that is built on a global platform and comes with many segment firsts. The XUV300 s head-turning, cheetahinspired design, fun-to-drive performance, first-in-class hi-tech features, best-in-class safety and classdefining interiors, make it an exciting & comprehensive package that will find a strong connect and appeal among consumers. We will offer the XUV300 in both petrol and diesel options. The XUV300 will be manufactured at the company s manufacturing facility at Nasik, in Maharashtra and will be launched in the 1 st half of February 2019. Social Media Addresses for Mahindra XUV300: Brand website - www.mahindraxuv300.com Facebook @mahindraxuv300.official Twitter @Mahindra_XUV300 Instagram @mahindraxuv300 Hashtags - #MahindraXUV300 Copyright 2018 Mahindra & Mahindra Ltd. All rights reserved. 2

About Mahindra The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defense, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses. Headquartered in India, Mahindra employs over 2,40,000 people across 100 countries. Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise Media contact information: Mohan Nair Vice President (Communications) Mahindra & Mahindra Ltd. Office Direct Line + 91 22 28468510 Office Email Address nair.mohan@mahindra.com Copyright 2018 Mahindra & Mahindra Ltd. All rights reserved. 3