annual-report-FY2021

277 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 Sr. No. Entities controlled/jointly controlled by KMP 1 The Indian & Eastern Engineer Company Private Limited (v) Entity belonging to Promoter/Promoter Group holding 10% or more in the Company : Sr. No. Name of the entity 1 Prudential Management & Services Private Limited (vi) Welfare Funds: Sr. No. Name of the Fund Sr. No. Name of the Fund 1 Mahindra World School Education Trust 3 M&M Employees' Welfare Fund No. 2 2 M&M Employees' Welfare Fund No. 1 4 M&M Employees’ Welfare Fund No. 3 (c) The related party transactions are as under: Rupees crores Sl. No. Nature of Transactions For the Year Ended 31 st March Subsidiaries Associates Joint Ventures 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 1. Purchases: Goods. ...................................... 2021 8,316.09 2,129.53 11.98 — — — — 2020 10,775.95 1,944.13 14.00 — — — — Services..................................... 2021 1,858.52 176.60 8.51 — — — — 2020 1,998.24 210.91 6.96 — — — — Property, Plant and Equipment................................ 2021 5.43 0.69 0.07 — — — — 2020 47.72 7.83 0.05 — — — — Intangible Assets. .................... 2021 180.00 7.19 — — — — — 2020 472.39 28.72 — — — — — 2. Sales: Goods. ...................................... 2021 1,807.84 1.09 429.82 — — — — 2020 2,473.51 9.02 366.77 — — — — Property, Plant and Equipment................................ 2021 2.03 0.15 — — — — — 2020 1.21 0.05 — — — — — Services..................................... 2021 97.12 2.21 25.73 — 0.44 — — 2020 44.61 2.89 16.20 — — — — 3. Investments: Purchased/Subscribed/ Conversion/Bonus*.................. 2021 4,836.26 68.29 289.57 — — — — 2020 2,306.75 — 221.69 — — — — Sold/Redeemed/Tendered under merger scheme............. 2021 144.51 — — — — — — 2020 1,242.45 — — — — — — Proceeds from buyback of shares........................................ 2021 — — — — — — — 2020 — 446.50 — — — — — 35. Related Party Disclosures: (contd.) (b) Other parties with whom transactions have taken place during the year: (contd.)