MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

106 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Particulars of loans/advances, etc. pursuant to Para A of Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Loans and advances in nature of loans to Subsidiaries: (Net of Provisions) (Rs. in crores) Name of the Company Balances as on 31 st March, 2022 Maximum outstanding during the year Mahindra Overseas Investment Company (Mauritius) Limited 1,492.75 1,599.22 Mahindra Electric Mobility Limited 575.00 575.00 Mahindra Agri Solutions Limited 15.00 15.00 Mahindra Susten Private Limited 575.00 575.00 Mahindra Automotive Mauritius Limited 00.00 83.91 Mahindra Marine Private Limited 00.00 4.00 Mahindra Rural Housing Finance Limited 00.00 50.00 Classic Legends Private Limited 17.00 117.00 Ssangyong Motor Company (SYMC) * 184.61 246.19 * Ssangyong Motor Company (SYMC) is considered as a subsidiary as on 31 st March, 2022, as per the Companies Act, 2013 whereas, as per Indian Accounting Standards (Ind AS), it is not treated as related party/subsidiary under Ind AS 24/Ind AS 110. Loans and advances in nature of loans to Associates/Joint Venture: (Rs. in crores) Name of the Company Balances as on 31 st March, 2022 Maximum outstanding during the year Mahindra Ideal Lanka Private Limited 1.94 2.75