annual-report-FY2021

248 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 Other Non Current Investments Unquoted Mandatorily measured and Carried at FVTPL: (i) In Subsidiary Companies 6% Optionally Convertible Cumulative Redeemable Preference Shares: Mahindra Agri Solutions Limited................................................... 46 1,06,96,170 46.29 10,696,170 37.73 46.29 37.73 (ii) In Joint Venture Companies 18% Optionally Convertible Debenture: Zoomcar India Private Limited $ ............................................. 100,000 — — 1,880 — — — (iii) In Others Investment in Alternate Investment Fund........... 11.75 7.88 11.75 7.88 Other Non-Current Investments (Total) . ................................ 58.04 45.61 Total Non-Current Investments (Gross) .................................. 24,516.23 21,888.33 Less : Aggregate amount of impairment in value of investments.................................................................... (4,939.63) (4,139.85) Total Non-Current Investments (Net) ..................................... 19,576.60 17,748.48 Other Disclosures (i) Aggregate amount of quoted investments (Gross)........ 4,444.38 5,253.12 Market Value of quoted investments . ........................ 44,346.71 23,044.04 (ii) Aggregate amount of unquoted investments (Gross). . 20,071.85 16,635.21 Notes: # During the year, under the scheme of merger, Mahindra Trucks and Buses Limited merged with Mahindra Two Wheelers Limited. ^ During the year, status of SsangYong Motor Company has changed from Subsidiary (quoted) of the Company to other investment carried at FVTPL (unquoted) (Refer Note 39(B)). $ Fair value of investments is determined to be zero. * denotes amounts less than Rs. 50,000. B. Current Investments Rupees crores Particulars 2021 2020 Quoted : Mandatorily measured and Carried at FVTPL Investments in Mutual Funds.................................................................................................................................... 4,358.84 1,474.70 Investments in Market Linked Debentures.............................................................................................................. 97.66 201.57 4,456.50 1,676.27 Designated and Carried at FVTOCI Investments in Equity Instruments............................................................................................................................ * * Investments in Debentures and Bonds..................................................................................................................... 31.97 42.07 31.97 42.07 4,488.47 1,718.34 Unquoted : Carried at FVTOCI Investments in Certificate of Deposits...................................................................................................................... — 321.31 — 321.31 Carried at Amortised cost Investments in Corporate Fixed Deposits................................................................................................................. — 150.00 — 150.00 Total Current Investments 4,488.47 2,189.65 Other Disclosures (i) Aggregate amount of quoted investments (Gross)........................................................................................ 4,488.47 1,718.34 Market Value of quoted investments.............................................................................................................. 4,488.47 1,718.34 (ii) Aggregate amount of unquoted investments (Gross).................................................................................... — 471.31 Notes: * denotes amounts less than Rs. 50,000. 6. Investments (contd.) A. Non-current investments (contd.)