annual-report-FY2021

276 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 35. Related Party Disclosures: (contd.) (b) Other parties with whom transactions have taken place during the year: (i) Associates: Sr. No. Name of the entity Sr. No. Name of the entity 1 Swaraj Engines Limited 4 Mahindra Finance USA LLC 2 Tech Mahindra Limited 5 PSL Media & Communications Limited 3 Brainbees Solutions Private Limited 6 Resson Aerospace Corporation Subsidiaries of Associate 1 Mahindra CIE Automotive Limited 5 Satyam Venture Engineering Services Private Limited 2 PF Holdings B.V. 6 Tech Mahindra (Shanghai) Co. Limited 3 Pininfarina Engineering S.R.L 7 Mahindra Educational Institutions 4 Pininfarina S.p.A. (ii) Joint Ventures: Sr. No. Name of the entity Sr. No. Name of the entity 1 Classic Legends Private Limited 9 Mahindra Ideal Lanka (Private) Limited 2 Carnot Technologies Private Limited 10 Sampo Rosenlew Oy 3 Mahindra Aerospace Private Limited 11 M.I.T.R.A. Agro Equipments Private Limited 4 Mahindra Sanyo Special Steel Private Limited 12 Smartshift Logistics Solutions Private Limited 5 Mahindra World City (Jaipur) Limited 13 Mahindra Telephonics Integrated Systems Limited 6 Mahindra World City Developers Limited 14 Mahindra Happinest Developers Limited 7 Mahindra-BT Investment Company (Mauritius) Limited 15 Mahindra Inframan Water Utilities Private Limited 8 Brightsolar Renewable Energy Private Limited Subsidiaries of Joint Venture 1 Gippsaero Pty. Limited 3 Zoomcar India Private Limited 2 Mahindra Aerostructures Private Limited 4 Mahindra Industrial Park Chennai Limited Joint Venture of Subsidiary 1 Mahindra Homes Private Limited 3 Marvel Solren Private Limited 2 Mahindra Summit Agriscience Limited 4 Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) (iii) Key Management Personnel (KMP): Sr. No. Name of KMP Designation 1 Mr. Anand G. Mahindra Executive Chairman 2 Dr. Pawan Goenka # Managing Director 3 Dr. Anish Shah $ Deputy Managing Director and Group CFO 4 Mr. Rajesh Jejurikar (w.e.f. 1 st April, 2020) Executive Director (Auto and Farm Sectors) 5 Mrs. Nisaba Godrej (w.e.f. 8 th August, 2020) Independent Director 6 Mr. Nadir B. Godrej (upto 8 th August, 2020) Independent Director 7 Mr. Muthiah Murugappan (w.e.f. 8 th August, 2020) Independent Director 8 Mr. M. M. Murugappan (upto 8 th August, 2020) Independent Director 9 Dr. Vishakha N. Desai Independent Director 10 Mr. Vikram Singh Mehta Independent Director 11 Mr. R. K. Kulkarni Independent Director 12 Mr. Anupam Puri Independent Director 13 Mr. T. N. Manoharan Independent Director 14 Mr. Vijay Kumar Sharma Nominee Director 15 Mr. Haigreve Khaitan Independent Director 16 Mrs. Shikha Sharma Independent Director 17 Mr. CP Gurnani (w.e.f. 1 st April, 2020) Non-Executive Non-Independent Director # upto 1 st April, 2021 $ Effective 2 nd April, 2021, Dr. Anish Shah has been appointed as Managing Director and CEO and Mr. Manoj Bhat has been appointed as Group Chief Financial Officer of the Company. (iv) Close member of KMP and entities controlled/jointly controlled by KMP : Sr. No. Close member of KMP 1 Mrs. Anuradha Mahindra 2 Mrs. Radhika Nath 3 Mrs. Mamta Goenka 4 Mr. Suresh Ram Kishore Goenka 5 Dr. T. N. Gajendran