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

237 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 Particulars Face Value Per Unit (Rupees) 2022 2021 Number Rupees crores Number Rupees crores (iv) In Joint Venture Companies Equity Shares Carnot Technologies Private Limited ................. 10 4,734 5.95 3,121 3.45 Classic Legends Private Limited . ........................ 10 24,25,28,000 243.24 13,45,28,000 135.24 M.I.T.R.A Agro Equipments Private Limited ...... 10 1,24,537 23.80 1,02,662 15.99 Mahindra Aerospace Private Limited ................ 10 83,56,30,306 1,075.45 83,56,30,306 1,075.45 Mahindra Ideal Lanka (Private) Limited ............ LKR 1000 1,75,000 6.79 1,75,000 6.79 Mahindra Sanyo Special Steel Private Limited... 10 34,75,264 145.13 34,75,264 145.13 Sampo Rosenlew Oy . .......................................... NA 4,995 218.34 4,995 218.34 Smartshift Logistics Solutions Private Limited... 10 3,47,105 71.56 3,47,105 71.56 1,790.26 1,671.95 Preference shares (classified as equity instruments) Compulsory Convertible Cumulative Preference shares: Carnot Technologies Private Limited .... – Series A . ............................................................ 100 6,663 5.77 6,663 5.77 – Series B .............................................................. 100 2,298 3.00 2,298 3.00 – Series C .............................................................. 100 7,423 11.50 — — – Seed ................................................................... 100 4,480 5.85 4,480 5.85 Compulsorily Convertible Cumulative Participating Preference Shares: Smartshift Logistics Solutions Private Limited: - 0.01% Series C . ................................................. 100 3,15,788 64.38 3,15,788 64.38 - 0.01% Series C1 . ............................................... 100 1,84,529 37.50 1,84,529 37.50 Non Cumulative Compulsorily Convertible Preference Shares: Zoomcar India Private Limited: - 0.0001% Series P1 ............................................. 10 3,63,752 129.13 3,63,752 129.13 - 0.0001% Series P2 ............................................. 10 1,03,063 — 1,03,063 — 257.13 245.63 2,047.39 1,917.58 (B) Designated and carried at FVTOCI (i) In Other Companies Gamaya SA: – Irredeemable Preferred shares $ . ....................... CHF 1 30,469 — 30,469 30.16 – Common shares $ .................................................. CHF 1 300 — 300 0.30 TVS Automobile Solutions Private Limited: Compulsorily Convertible Preference Shares ...... 10 332,295 35.00 332,295 35.00 Equity shares........................................................... 0.07 0.16 35.07 65.62 (C) Designated and carried at FVTPL SsangYong Motor Company $ ....................................... KRW 5,000 111,855,108 — 111,855,108 — Investments in Equity Instruments (Total) ............................ 23,097.23 22,489.98 Investments in Debt instruments: Unquoted At Amortised Cost (i) In Subsidiary Companies 10.00%Non-Cumulative Redeemable Participating Preference Shares: Mahindra Construction Company Limited ................................................. 100 5,40,000 — 5,40,000 — — — 8. Investments (contd.) A. Non-current investments (contd.)