Mahindra & Mahindra Limited — Others, 23-10-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Mahindra & Mahindra Ltd. provided updates on ongoing tax litigations. The Bombay High Court dismissed an Income Tax Department appeal regarding disallowances from the 2001-02 assessment due to a monetary limit. Additionally, an appeal from erstwhile Punjab Tractors Limited regarding the 1997-98 assessment was dismissed for technical reasons. Both developments indicate favorable outcomes for the company concerning these tax matters.