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(As on Jan 13, 2021, 21:28)

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Mahi. & Mahi - Certificate For The Quarter Ended 31St December, 2020 Pursuant To The SEBI Circular On Framework For Listing O

Pursuant to SEBI Circular No. SEBI/HO/DDHS/DDHS/CIR/P/2019/115 dated 22nd October 2019, it is
hereby certified that:
(1) The commercial papers as per the attached letter were outstanding during the quarter ended 31st December, 2020 and
the proceeds of the Commercial Papers issued by the Company were used for the purpose of working
capital/general corporate purpose as disclosed in the Listing document(s);
(2) The other listing conditions as specified under Annexure I of the aforesaid circulars and amendments
thereof have been duly adhered to.

This intimation is also being uploaded on the Company's website at https://www.mahindra.com.

We request you to take the above on record.

ATTENTION INVESTORS

"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.......... Issued in the interest of investors". "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with us. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.......... Issued in the interest of investors". "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary".

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