198 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS The details of Foreign Exchange hedging activities undertaken by the Company is disclosed in Note No. 35 to the Annual Accounts of the Annual Report. Disclosures regarding commodity price risk and hedging activities, the details of exposure of the Company to material commodities and risks faced by it throughout the year as mandated by Regulation 34(3) read with clause 9(n) of Part C of Schedule V of the Listing Regulations and SEBI Circular No. SEBI/ HO/CFD/CMD1/ CIR/P/2018/0000000141 dated 15 th November, 2018, is as follows: (a) Total exposure of the listed entity to commodities in INR: Rs.6,235 crores (b) Exposure of the listed entity to various commodities: Commodity Name Exposure in INR towards the particular commodity (Rs. in crores) Exposure in Quantity terms towards the particular commodity (in tons) % of such exposure hedged through commodity derivatives Domestic market International market Total OTC Exchange OTC Exchange Flat Steel (Sheet Metal) 2,800 5,42,234 Nil Nil Nil Nil Nil Casting 1,282 3,89,156 Nil Nil Nil Nil Nil Alloy Steel (Forging) 1,562 2,78,022 Nil Nil Nil Nil Nil (c) Commodity risks faced by the listed entity during the year and how they have been managed: The commodity risks on above commodities are mitigated through close monitoring of commodity movements and mitigation measures like value engineering yielding significant cost reduction. KFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited) 24-B, Raja Bahadur Mansion, Ground Floor, Ambalal Doshi Marg, Behind BSE, Fort, Mumbai 400 023. Tel. No.: +91 22 6623 5454 /412/427. Your Company has also designated investors@ mahindra.com as an exclusive email ID for Investors for the purpose of registering complaints and the same has been displayed on the Company’s website. KFin Technologies Private Limited also acts as Registrar and Transfer Agents for the Listed Non-Convertible Debentures of the Company. Security holders would have to correspond with the respective Depository Participants for Securities held in demateralised form for transfer/transmission of shares, change of Address, change in Bank details, etc. For all investor related matters, the Company Secretary & Compliance Of cer can also be contacted at: Mahindra Towers, 5 th Floor, Dr. G. M. Bhosale Marg, Worli, Mumbai – 400 018. Tel. No. : +91 22 2490 5812 / 2490 5957 Email:
[email protected] Your Company can also be visited at its website: http://www.mahindra.com. 16. Plant Locations Your Company’s manufacturing facilities are located at Kandivali, Nashik, Igatpuri, Nagpur, Chakan, Zaheerabad, Jaipur, Rudrapur, Haridwar, Mohali and Pithampur. 17. Address for correspondence Shareholders may correspond with the Registrar and Transfer Agents at: KFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited) Unit: Mahindra & Mahindra Limited Selenium, Tower B, Plot No. 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad, Telangana – 500 032, India. Tel. No. : +91 40 6716 2222 Fax No. : +91 40 2342 0814 Email :
[email protected] Website : www.kfintech.com Toll Free No. : 1800 3454 001 for all matters relating to transfer/dematerialisation of shares, payment of dividend and any other query relating to Equity Shares of your Company. The Registrar and Transfer Agents also have an Office at: