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

236 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Particulars Face Value Per Unit (Rupees) 2022 2021 Number Rupees crores Number Rupees crores Mahindra Telecom Energy Management Services Private Limited (formerly known as Mahindra Telecom Energy Management Services Limited) .................................................. 10 5,60,50,000 56.05 50,000 0.05 Mahindra Two Wheelers Europe Holdings S.a.r.l.: – Class A Shares ................................................... EUR 1 1,49,00,000 188.71 1,49,00,000 188.71 – Class B Shares ................................................... EUR 0.05 160,00,00,000 633.90 160,00,00,000 633.90 – Class C Shares ................................................... EUR 0.03 53,33,33,300 135.16 53,33,33,300 135.16 – Class D Shares ................................................... EUR 0.02 165,00,00,000 286.35 105,00,00,000 184.06 Mahindra Two Wheelers Limited . ..................... 0.02 4122,50,37,146 433.73 4122,50,37,146 433.73 Mahindra USA Inc. .............................................. – Class A Shares ................................................... US $ 0.25 45,60,00,000 755.08 45,60,00,000 755.08 – Class B Shares ................................................... US $ 0.16 67,25,00,000 795.94 67,25,00,000 795.94 Mahindra Waste To Energy Solutions Limited. .. 10 2,62,15,842 26.22 2,62,15,842 26.22 MERU Travel Solutions Private Limited ............. 10 — — 4,19,50,519 69.78 Mahindra Electric Mobility Limited ................... 10 35,60,82,447 905.35 35,60,82,447 905.35 Mahindra Intertrade Limited . ............................ 10 2,71,00,007 700.21 2,71,00,007 700.21 Mahindra Heavy Engines Limited ...................... 10 63,44,00,000 415.04 63,44,00,000 415.04 Mahindra Integrated Business Solutions Private Limited ................................................................. 10 82,79,511 178.84 82,79,511 178.84 Mitsubishi Mahindra Agricultural Machinery Co., Limited: ................................................................ – Equity share ...................................................... NA 1 42.53 1 42.53 – Class A Shares ................................................... NA 3 149.06 3 149.06 NBS International Limited .................................. 10 4,45,50,466 45.30 4,45,50,466 45.30 Officemartindia.com Limited . ............................ 10 7,49,997 — 7,49,997 — Trringo.com Limited ............................................ 10 2,74,60,000 27.46 2,74,60,000 27.46 13,516.82 12,992.89 (ii) In Trust Securities M&M Benefit Trust................................................. 1,189.42 1,189.42 M&M Fractional Entitlement Trust. ...................... 0.01 0.01 Sunrise Initiatives Trust ......................................... 62.30 62.30 1,251.73 1,251.73 (iii) In Associate Companies Equity Shares PF Holdings B.V. . ................................................... EUR 1 2,63,36,050 254.05 2,63,36,050 254.05 PSL Media & Communications Limited . .............. 5 19,750 0.01 19,750 0.01 Mahindra Tsubaki Conveyor Systems Private Limited ................................................................... 10 — — 1,53,76,025 18.31 Brainbees Solutions Private Limited .................... 5^ 1,64,46,754 320.73 1,64,46,754 320.73 ReNew Sunlight Energy Private Limited ............. 10 1,60,74,000 16.07 — — 590.86 593.10 Preference shares (classified as equity instruments) Series C Preferred shares: Resson Aerospace Corporation............................................................. NA 8,00,402 34.45 8,00,402 34.45 Brainbees Solutions Private Limited - Compulsorily Convertible Preference Shares - Series D1 CCPS ....................................................... 5^ 48,87,180 95.07 48,87,180 95.07 129.52 129.52 720.38 722.62 8. Investments (contd.) A. Non-current investments (contd.)