MAHINDRA & MAHINDRA LTD. Standalone Accounts 277 C. With respect to the matter to be included in the Auditor’s Report under Section 197(16) of the Act: In our opinion and according to the information and explanations given to us, the remuneration paid by the Company to its directors during the current year is in accordance with the provisions of Section 197 of the Act. The remuneration paid to any director is not in excess of the limit laid down under Section 197 of the Act. The Ministry of Corporate Affairs has not prescribed other details under Section 197(16) of the Act which are required to be commented upon by us. For B S R & Co. LLP Chartered Accountants Firm’s Registration No. 101248W/W-100022 Venkataramanan Vishwanath Partner Place: Mumbai Membership No. 113156 Date: 05 May, 2025 ICAI UDIN: 25113156BMODKA5886
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