We refer to our announcement dated 7th July, 2022 wherein we had inter-alia informed about the proposed incorporation of a wholly owned subsidiary of the Company to undertake the 4 (Four) Wheel Passenger Electric Vehicles Business of the Company.We would like to inform you that Mahindra Electric Automobile Limited (???MEAL???) has been incorporated in Mumbai, Maharashtra on 25th October, 2022 as a wholly owned subsidiary of the Company.The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 are given in Annexure A to the attached letter.
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