annual-report-FY2020

357 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2019-20 Name of the Subsidiary Place of Incorporation and Place of Operation Proportion of ownership interest * Proportion of voting power where different As at 31 st March, As at 31 st March, 2020 2019 2020 2019 Mahindra World City (Maharashtra) Limited.......................................... India 51.48% 51.49% 100.00% 100.00% Mahindra Integrated Township Limited.................................................. India 38.09% 37.77% 74.00% 73.36% Knowledge Township Limited.................................................................. India 51.48% 51.49% 100.00% 100.00% Mahindra Residential Developers Limited.............................................. India 38.09% 37.77% 100.00% 100.00% Industrial Township (Maharashtra) Limited............................................ India 51.48% 51.49% 100.00% 100.00% Anthurium Developers Limited................................................................ India 51.48% 51.49% 100.00% 100.00% Mahindra Water Utilities Limited............................................................ India 50.96% 50.97% 99.00% 99.00% Rathna Bhoomi Enterprises Private Limited........................................... India 51.48% 51.49% 100.00% 100.00% Deep Mangal Developers Private Limited............................................... India 51.48% 51.49% 100.00% 100.00% Moonshine Construction Private Limited................................................ India 51.48% 51.49% 100.00% 100.00% Mahindra Consulting Engineers Limited................................................. India 88.35% 88.35% Mahindra Bloomdale Developers Limited............................................... India 51.48% 51.49% 100.00% 100.00% Mahindra Holidays & Resorts India Limited............................................ India 67.63% 67.64% Mahindra Hotels and Residences India Limited..................................... India 67.63% 67.64% 100.00% 100.00% Gables Promoters Private Limited............................................................ India 67.63% 67.64% 100.00% 100.00% Heritage Bird (M) Sdn. Bhd...................................................................... Malaysia 67.63% 67.64% 100.00% 100.00% Infinity Hospitality Group Company Limited.......................................... Thailand 50.02% 50.04% 100.00% 100.00% MH Boutique Hospitality Limited @........................................................ Thailand 33.14% 33.14% 49.00% 49.00% MHR Holdings (Mauritius) Limited.......................................................... Mauritius 67.63% 67.64% 100.00% 100.00% Covington S.a.r.l......................................................................................... Luxembourg 67.63% 67.64% 100.00% 100.00% HCR Management Oy............................................................................... Finland 67.63% 67.64% 100.00% 100.00% Holiday Club Resorts Oy........................................................................... Finland 67.63% 64.43% 100.00% 96.47% Kiinteistö Oy Himos Gardens. .................................................................. Finland 67.63% 65.25% 100.00% 100.00% Suomen Vapaa-aikakiinteistöt Oy LKV.................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Vanha Ykköstii.................................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Katinnurkka........................................................................ Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Tenetinlahti......................................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Mällösniemi......................................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Rauhan Ranta 1.................................................................. Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Rauhan Ranta 2.................................................................. Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Tiurunniemi......................................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Rauhan Liikekiinteistöt 1................................................... Finland 67.63% 65.25% 100.00% 100.00% Supermarket Capri Oy............................................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Kylpyläntorni 1................................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Spa Lofts 2.......................................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Spa Lofts 3.......................................................................... Finland 67.63% 65.25% 100.00% 100.00% Kiinteistö Oy Kuusamon Pulkkajärvi 1.................................................... Finland 67.63% 65.25% 100.00% 100.00% Ownership Services Sweden Ab............................................................... Sweden 67.63% 65.25% 100.00% 100.00% Are Villas 1 AB (ceased w.e.f. 04 March 2020)....................................... Sweden — 65.25% — 100.00% Are Villas 2 AB (ceased w.e.f. 04 March 2020)....................................... Sweden — 65.25% — 100.00% 35. Disclosure of interest in Subsidiaries and interest of Non Controlling Interest (contd.): (a) Details of the Group’s subsidiaries at the end of the reporting period are as follows: (contd.):