With reference to the captioned subject we would like to inform that MSPE Urja S.r.l. (MSPE) incorporated in Italy which is a wholly owned subsidiary of Mahindra Susten Private Limited (MSPL) which in turn is a wholly owned subsidiary of Mahindra Holdings Limited (MHL) which in turn is a wholly owned subsidiary of the Company had filed for voluntary liquidation and upon receipt of the Order of Chamber of Commerce Italy dated January 18 2022 has been liquidated and has ceased to be in existence with effect from the said date.Pursuant to the same MSPE has ceased to be a Subsidiary of MSPL and consequently that of MHL and the Company with effect from January 18 2022.The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 are given in Annexure A to this letter.You are requested to kindly note the same.
