Mahindra & Mahindra Limited | Integrated Annual Report 2025-26

Integrated Annual Report 2025-26 110 In an endeavour to improve quality, reduce cost, ensure safety and improve productivity, your Company’s shop floor associates managed to generate on an average 12.2 ideas per person in the FY26. During the year, significant emphasis was also placed on health and wellness awareness for employees, in addition to regular annual medical check-ups and health awareness activities. Diet food has become a way of life, and the Company maintains an ‘Employee Health Index’ at an individual level, which has proven to be a useful tool in identifying employees who require focused counselling and monitoring. Proactive, employee-centric shop floor practices, transparent communication of business goals, effective concern resolution mechanisms, and the belief that employees are the Company’s most valuable assets are the cornerstones of your Company’s approach to employee relations. An ‘open door policy’ and constant dialogue have helped your Company build trust and harmony, creating a collaborative, healthy, and productive work environment. The industrial relations scenario continued to be largely positive across all manufacturing locations, with Long Term Wage and Bonus settlements amicably concluded for all relevant plants. The sustained efforts towards progressive work culture led to zero production loss in FY26. Safety, Occupational Health and Environment Your Company has a well-defined Safety, Occupational Health & Environment (‘SOH&E’) Policy in place. During the year under review, as part of the ongoing improvement process, the Company initiated external physical assessments along with Integrated Management System (IMS) certifications for its manufacturing plants. These assessments and surveillance / recertification audits were conducted in line with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards. Management’s commitment towards SOH&E is demonstrated through continuous adoption of relevant regulatory updates, including recent statutory notifications, and their seamless integration through digitization on the Mahindra M-Compliance portal. The Company has implemented various initiatives with AFS Safety conclave supported by periodic reviews with senior management. All applicable Government-notified emission norms were complied with through revised guidelines, ensuring adherence to overall health and hygiene parameters. Manufacturing conditions across locations were periodically monitored and assessed by authorised external agencies through structured measurement and evaluation processes. At manufacturing locations, key awareness and engagement initiatives such as Road Safety Week, National Safety Day/ Month, Fire Service Week, Energy Conservation Week, and Sustainability Day were observed during the year. Training programmes were strengthened through the introduction of new age learning methods, including Virtual Reality (VR) based safety training for competency building. VR enabled dexterity competitions were organised for welding, sealer, and paint applications. Critical safety attributes were recognised through a structured Reward and Recognition programme for employees. To enhance safety performance, seven major initiatives were implemented across manufacturing operations, including: ● Safety Observation Tours (SoT) by senior management. ● Safe Employee of the Month recognition. ● Hazard Identification and Risk Assessment (HIRA) for non-routine activities. ● Development of audio-visual safety awareness tools. ● Deployment of AI based CCTV surveillance. ● New project safety management systems. ● Digitisation of safety observations. During the year, 23 Mahindra Life Saving Principles were deployed at scale across all plants through shop floor displays, structured training programmes, safety booklets, and skits involving employees at all levels. Operational risks were further addressed through the preparation of Personal Protective Equipment (PPE) matrices for associates and Self-Motivated Teams (SMTs). Basic hygiene sensitisation programmes were conducted for employees, along with Behaviour Based Safety (BBS) training for contractors. Training programmes on POSH, Human Rights, Anti-Bribery and Anti-Corruption (ABAC), and Code of Conduct (CoC) were also covered. As part of continuous safety, health, and environment competency building, on the job refresher training (OJT) was imparted to associates through Abhiyantriki / Dexterity Training Schools. Special focus was given to critical operations, including safety and fire safety, through structured assessments of machinery and equipment.

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