Mahindra & Mahindra Limited | Integrated Annual Report 2025-26

20 Integrated Annual Report 2025-26 Mahindra Accelo • Mahindra MSTC Recycling Pvt. Ltd. received the Top Performer — Vehicle Dismantling Volume at the International Material Recycling Conference 2026 and was named India’s Top Recycling Champions in ELV segment at the Bharat Recycling Show 2025 for automotive recycling. Mahindra Susten • Received the Pioneer in Energy Transformation — Energy Brand at the ET Edge Global Sustainability Alliance. Mahindra Truck and Bus • At the Apollo CV Awards this year, Mahindra Group’s Truck & Bus business secured three accolades. Mahindra Truck and Bus Division won the Construction CV Application of the Year for the Blazo 28T Transit Mixer; SML Mahindra received the Staff Bus of the Year for the Hiroi Bus and GS Ambulance won the Special Application Vehicle of the Year. Classic Legends • Received Bike Design of the Year 2026 at the Car&Bike Awards 2026. Named Best 350CC motorcycle at Zee Auto Summit 2025. Mahindra Logistics • Received industry recognition from Renault Group and Amazon for Outstanding peak-season performance CY’26 and Best Quality Delivery Service Partner in North India respectively. • Also, secured First place for East and South during Flipkart’s Big Billion Day sale for strong execution, operational excellence, and scale. Mahindra Aerostructures • Mahindra Aerostructures was named one of the top four most advanced manufacturing sites globally under the Aero Excellence International programme. It is the only company in India and best outside of Europe to receive this honour. • The company also retained Airbus’ SQIP ‘Accredited’ ratings and started its third cycle of collaborative improvements.

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