annual-report-FY2021

246 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Particulars Face Value Per Unit (Rupees) 2021 2020 Number Rupees crores Number Rupees crores Mahindra Overseas Investment Company (Mauritius) Limited – Ordinary shares . ............................................... US $ 1 30,14,29,209 1,893.69 29,25,79,209 1,826.40 – Ordinary shares . ............................................... NA 32,81,86,334 898.36 — — Mahindra Telecom Energy Management Services Limited ................................................................. 10 50,000 0.05 50,000 0.05 Mahindra Trucks and Buses Limited # . .............. 0.20 — — 466,74,78,380 144.51 Mahindra Two Wheelers Europe Holdings S.a.r.l.: – Class A Shares ................................................... EUR 1 1,49,00,000 188.71 1,49,00,000 188.71 – Class B Shares ................................................... EUR 0.05 160,00,00,000 633.90 160,00,00,000 633.90 – Class C Shares ................................................... EUR 0.03 53,33,33,300 135.16 — — – Class D Shares ................................................... EUR 0.02 105,00,00,000 184.06 — — Mahindra Two Wheelers Limited # .................... 0.02 3822,66,47,930 402.84 — — Mahindra USA Inc. .............................................. – Class A Shares ................................................... US $ 0.25 45,60,00,000 755.08 45,60,00,000 755.08 – Class B Shares ................................................... US $ 0.16 67,25,00,000 795.94 — — Mahindra Vehicle Manufacturers Limited . ....... 10 415,47,23,484 4,154.72 406,47,23,484 4,064.72 Mahindra Waste To Energy Solutions Limited. .. 10 2,62,15,842 26.22 1,85,10,000 18.51 MERU Travel Solutions Private Limited ............. 10 4,19,50,519 69.78 3,18,90,157 54.78 Mitsubishi Mahindra Agricultural Machinery Co., Limited: ................................................................ – Equity share ...................................................... NA 1 42.53 1 42.53 – Class A Shares ................................................... NA 3 149.06 3 149.06 NBS International Limited .................................. 10 4,45,50,466 45.30 2,45,50,474 25.30 Officemartindia.com Limited . ............................ 10 7,49,997 — 7,49,997 — Trringo.com Limited ............................................ 10 2,74,60,000 27.46 2,74,60,000 27.46 15,890.37 12,839.57 (ii) In Trust Securities M&M Benefit Trust................................................. 1,189.42 1,189.42 M&M Fractional Entitlement Trust. ...................... 0.01 0.01 Mahindra World Motor Driving School Trust...... — 0.01 Sunrise Initiatives Trust ......................................... 62.30 62.30 1,251.73 1,251.74 (iii) In Associate Companies Equity Shares PF Holdings B.V. . ................................................... EUR 1 2,63,36,050 254.05 1,83,36,050 185.76 PSL Media & Communications Limited . .............. 5 19,750 0.01 19,750 0.01 254.06 185.77 Preference shares (classified as equity instruments) Series C Preferred shares: Resson Aerospace Corporation............................................................. NA 8,00,402 34.45 8,00,402 34.45 34.45 34.45 288.51 220.22 (iv) In Joint Venture Companies Equity Shares Carnot Technologies Private Limited ................. 10 3,121 3.45 1,296 1.07 Classic Legends Private Limited . ........................ 10 13,45,28,000 135.24 10,33,28,000 104.04 M.I.T.R.A Agro Equipments Private Limited ...... 10 1,02,662 15.99 1,02,662 15.99 Mahindra Aerospace Private Limited ................ 10 83,56,30,306 1,075.45 67,43,70,306 914.19 Mahindra Ideal Lanka (Private) Limited ............ LKR 1000 1,75,000 6.79 1,75,000 6.79 6. Investments (contd.) A. Non-current investments (contd.)