annual-report-FY2020

367 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2019-20 Rupees crores Sl. No. Nature of Transactions For the Year Ended 31 st  March Associates/ Associates of Subsidiaries/ Subsidiaries of Associate Joint Ventures/ Joint Ventures of Subsidiaries KMP/KMP Exercising Significant Influence/ close member of KMP Close members of KMP and Entities controlled/ jointly controlled by KMP Entity belonging to Promoter/ Promoter Group holding 10% or more in the company Welfare Funds Services..................................... 2020 63.29 49.16 — 0.02 — 0.01 2019 67.00 34.50 — 0.02 — — 3. Investments : Purchases/Subscribed/ Conversion............................... 2020 13.18 235.74 0.16 — — — 2019 30.15 249.19 — — — — Proceeds from buyback of shares........................................ 2020 446.85 — — — — — 2019 — — — — — — 4. Management contracts including Deputation of personnel : From Parties............................. 2020 0.04 — — — — — 2019 — — — — — — To Parties.................................. 2020 5.27 3.63 — — — — 2019 4.81 2.21 — — — — 5. Write off/provision of Receivables/Advances.............. 2020 32.35 — — — — — 2019 83.54 — — — — — 6. Managerial remuneration...... 2020 — — 18.75 — — — 2019 — — 18.35 — — — 7. Stock options given by the Company..................................... 2020 — — — — — — 2019 — — 2.51 — — — 8. Commission and other benefits to Non-executive/independent directors (including nominee directors)*.................................... 2020 — — 3.52 — — — 2019 — — 3.29 — — — 9. Finance : Inter Corporate deposits given......................................... 2020 — 83.51 — — — — 2019 — 56.07 — — — — Inter Corporate Deposits refunded by parties................. 2020 — 17.00 — — — — 2019 — 114.07 — — — — Debenture/Preference shares issued by parties...................... 2020 — 26.38 — — — — 2019 — — — — — — Debenture issued to parties... 2020 150.00 — — — — — 2019 — 7.71 — — — — 37. Related Party Disclosures (contd.) (b) The related party transactions are as under: (contd.)