annual-report-FY2021

388 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 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 @ ## 147 MSPL International DMCC ** 08/10/2019 AED 20.03 0.10 (22.68) 0.37 22.95 — — (11.32) — (11.32) — 100.00% 148 Martial Solren Private Limited** 27/08/2020 INR 1.00 0.01 (0.02) 0.01 0.02 — — (0.02) — (0.02) — 100.00% 149 Mahindra Engineering and Chemical Products Limited 30/04/1964 INR 1.00 117.79 780.04 901.86 4.03 869.72 34.45 1.71 0.47 1.24 — 100.00% 150 Retail Initiative Holdings Limited 01/07/2009 INR 1.00 20.55 (157.80) 357.38 494.63 357.37 — (0.04) — (0.04) — 100.00% 151 Mahindra Retail Limited 01/07/2009 INR 1.00 961.66 (522.66) 446.52 7.52 320.73 120.75 60.53 0.50 60.03 — 100.00% 152 Mahindra Defence Systems Limited 30/07/2012 INR 1.00 16.72 320.12 485.97 149.13 7.34 458.59 72.96 22.93 50.03 — 100.00% 153 Mahindra Telephonics Integrated Systems Limited 22/04/2013 INR 1.00 50.78 (40.35) 20.90 10.47 — 12.24 (3.04) — (3.04) — 51.00% 154 Mahindra Emirates Vehicle Armouring FZ-LLC 05/08/2010 AED 20.03 20.03 5.23 42.48 17.22 0.05 87.64 1.09 — 1.09 — 88.00% 155 Mahindra Armored Vehicles Jordon, LLC 31/03/2019 JOD 103.25 0.05 0.27 2.99 2.67 — 36.42 0.12 — 0.12 — 88.00% 156 Mahindra First Choice Wheels Ltd 24/03/2008 INR 1.00 79.51 32.53 260.55 148.51 35.12 418.96 (3.30) — (3.30) — 50.60% 157 Fifth Gear Ventures Limited 17/01/2020 INR 1.00 0.11 (0.82) 8.80 9.51 — 11.94 (4.64) (0.48) (4.16) — 50.60% 158 Mahindra Namaste Limited 02/01/2010 INR 1.00 9.01 (7.91) 1.31 0.21 — 1.04 0.15 — 0.15 — 88.35% 159 Mahindra Integrated Business Solutions Private Limited 18/01/2011 INR 1.00 9.78 135.84 210.33 64.71 0.14 198.34 5.16 1.71 3.45 — 100.00% 160 Mahindra Publications Limited (formerly known as Mahindra 'Electoral Trust' Company) 30/12/2013 INR 1.00 0.05 (0.04) 0.02 0.01 — — (0.01) — (0.01) — 100.00% 161 Mahindra eMarket Limited 11/08/2014 INR 1.00 0.80 2.06 7.00 4.14 — 12.39 (3.64) — (3.64) — 83.47% 162 Mahindra Airways Limited 27/07/2016 INR 1.00 5.85 (5.32) 0.65 0.12 — 2.50 (2.17) — (2.17) — 100.00% 163 Mahindra Logistics Limited 12/12/2007 INR 1.00 71.71 493.56 1,578.32 1,013.05 76.48 2,974.61 32.64 8.65 23.99 17.92 58.34% 164 2 x 2 Logistics Private Limited 22/10/2012 INR 1.00 9.01 (2.54) 27.30 20.83 — 36.62 (3.64) (1.01) (2.63) — 32.09% 165 Lords Freight (India) Private Limited 07/08/2014 INR 1.00 2.36 13.78 94.65 78.51 — 299.42 8.94 2.39 6.55 — 57.79% 166 Mahindra Aerospace Private Limited 28/02/2008 INR 1.00 912.39 (713.99) 198.54 0.14 195.14 0.69 (240.23) 0.10 (240.33) — 91.59% 167 Mahindra Aerostructures Private Limited 27/01/2011 INR 1.00 464.50 (285.38) 204.69 25.56 — 70.49 (22.97) — (22.97) — 91.59% 168 Mahindra Aerospace Australia Pty Limited 08/04/2010 AUD 55.96 795.39 (762.03) 33.48 0.12 — — (95.89) — (95.89) — 91.59% 169 GA8 Airvan Pty Limited $ 27/06/2010 AUD 55.96 0.06 (0.05) 0.01 — — — * — * — 91.59% 170 GA200 Pty Limited $ 27/06/2010 AUD 55.96 0.06 (0.05) 0.01 — — — * — * — 91.59% 171 Nomad TC Pty Limited $ 27/06/2010 AUD 55.96 0.13 (0.12) 0.01 — — — * — * — 91.59%