annual-report-FY2021

387 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 Part “A” Subsidiaries [as per section 2(87) of the Companies Act, 2013] (contd.) Rupees crores S No Name of Subsidiary The date since when subsidiary was acquired Reporting currency Exchange rate Share Capital Reserves & Surplus Total Assets Total Liabilities Investments Gross Turnover Profit/(Loss) before Tax Provision for Tax Profit/ (Loss) after Tax Proposed Dividend and Tax thereon Proportion of ownership interest @ ## 121 Bristlecone Inc. 17/05/2004 USD 73.59 50.42 17.74 175.50 107.34 — 425.14 4.62 2.47 2.15 — 74.86% 122 Bristlecone Middle East DMCC 18/07/2016 AED 20.03 0.10 7.30 14.03 6.63 — 16.56 5.37 — 5.37 — 74.86% 123 Bristlecone GmbH 09/12/2003 EUR 86.13 0.43 41.69 48.69 6.57 — 30.16 0.71 0.50 0.21 — 74.86% 124 Bristlecone (Singapore) Pte. Limited 21/02/2003 SGD 54.60 9.12 (3.65) 13.22 7.75 — 22.38 1.98 — 1.98 — 74.86% 125 Mahindra-BT Investment Company (Mauritius) Limited 24/12/2004 USD 73.59 87.42 70.66 158.15 0.07 24.24 0.96 0.67 0.10 0.57 — 57.00% 126 Mahindra Intertrade Limited 28/04/1983 INR 1.00 16.60 624.74 974.50 333.16 146.35 1,066.76 80.54 20.65 59.89 33.20 100.00% 127 Mahindra Steel Service Centre Limited 29/12/1993 INR 1.00 16.54 79.91 243.88 147.43 — 171.74 (9.85) (3.24) (6.61) — 61.00% 128 Mahindra Electrical Steel Private Limited ** 11/07/2009 INR 1.00 0.50 (7.70) 7.08 14.28 — — (2.53) — (2.53) — 100.00% 129 Mahindra MSTC Recycling Private Limited 16/12/2016 INR 1.00 45.20 (16.51) 34.72 6.03 — 9.88 (1.66) 0.06 (1.72) — 50.00% 130 Mahindra Auto Steel Private Limited 12/12/2013 INR 1.00 68.50 28.17 149.55 52.88 — 68.61 1.86 0.66 1.20 0.20 51.00% 131 Mahindra Middleeast Electrical Steel Service Centre (FZC) 08/08/2004 AED 20.03 4.04 18.02 50.30 28.24 — 55.85 (3.48) — (3.48) — 90.00% 132 PT Mahindra Accelo Steel Indonesia ** 19/12/2018 IDR 0.0050 24.25 (0.97) 36.07 12.79 — 0.60 0.03 — 0.03 — 99.98% 133 Mahindra Holdings Limited 02/11/2007 INR 1.00 2,463.50 (274.91) 2,189.41 0.82 2,068.34 1.91 (206.25) (98.43) (107.82) — 100.00% 134 Mahindra Overseas Investment Company (Mauritius) Limited 24/12/2004 USD 73.59 3,121.02 (3,232.39) 1,805.08 1,916.45 1,592.16 66.91 (1,495.14) 11.90 (1,507.04) — 100.00% 135 Mahindra Automotive Mauritius Limited 06/11/2018 EUR 86.13 1,300.61 (1,300.16) 0.50 0.05 — 0.01 (1,299.37) — (1,299.37) — 100.00% 136 Mahindra Racing UK Limited 04/03/2011 GBP 101.00 0.20 (13.74) 83.22 96.76 — 162.46 (7.42) — (7.42) — 100.00% 137 Mahindra Susten Private Limited 04/03/2011 INR 1.00 195.46 802.82 2,288.15 1,289.87 390.21 1,008.39 33.62 27.48 6.14 — 100.00% 138 Mahindra Renewables Private Limited 28/07/2013 INR 1.00 321.52 63.19 2,419.71 2,035.00 143.67 157.21 6.96 (30.38) 37.34 — 100.00% 139 Mahindra Teqo Private Limited 05/01/2016 INR 1.00 0.10 8.50 63.15 54.55 — 88.55 8.90 2.08 6.82 — 100.00% 140 Neo Solren Private Limited 01/07/2015 INR 1.00 9.32 65.38 308.51 233.81 — 43.66 2.16 (0.70) 2.86 — 100.00% 141 Marvel Solren Private Limited 10/10/2015 INR 1.00 27.82 23.00 131.58 80.76 — 13.76 (0.46) (0.12) (0.34) — 51.00% 142 Astra Solren Private Limited 14/10/2015 INR 1.00 8.89 66.32 414.96 339.75 — 65.82 6.61 1.84 4.77 — 100.00% 143 Brightsolar Renewable Energy Private Limited 03/12/2013 INR 1.00 9.52 12.75 86.62 64.35 — 13.17 1.26 0.35 0.91 — 51.00% 144 Mega Suryaurja Private Limited ** 16/02/2017 INR 1.00 0.15 (0.14) 6.60 6.59 — — (0.03) (0.02) (0.01) — 100.00% 145 Mahindra Susten Bangladesh Private Limited ** 16/04/2018 BDT 0.87 0.35 (0.27) 0.25 0.17 — — (0.08) — (0.08) — 100.00% 146 MSPE Urja S.R.L. ** $ € 29/03/2019 EUR 86.13 5.38 (4.87) 0.98 0.47 — 0.99 (1.90) — (1.90) — 100.00%