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

238 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 (ii) In Other Companies Others ................................................................... * * Investments in Debt Instruments (Total) ............................. — — Other Non Current Investments Unquoted Mandatorily measured and Carried at FVTPL: (i) In Subsidiary Companies 6% Optionally Convertible Cumulative Redeemable Preference Shares: Mahindra Agri Solutions Limited.................................................. 46 1,06,96,170 38.86 1,06,96,170 46.29 38.86 46.29 (ii) In Joint Venture Companies 18% Optionally Convertible Debenture: Zoomcar India Private Limited $ ........................... 100,000 — — — — (iii) In Others Investment in Alternate Investment Fund......... 24.75 11.75 24.75 11.75 Other Non-Current Investments (Total) . ................................ 63.61 58.04 Total Non-Current Investments (Gross) .................................. 23,160.84 22,548.02 Less: Aggregate amount of impairment in value of investments..................................................................... (5,953.09) (5,256.20) Total Non-Current Investments (Net) ..................................... 17,207.75 17,291.82 Other Disclosures (i) Aggregate amount of quoted investments (Gross)....... 5,525.84 5,539.54 Market Value of quoted investments............................ 57,237.27 45,043.69 (ii) Aggregate amount of unquoted investments (Gross)... 17,635.00 17,008.48 Notes: ^ Subsequent to 31 st March, 2022, the shares have been split into face value of Rs. 2 per share. $ Fair value of investments is determined to be Nil. * denotes amounts less than Rs. 50,000. B. Current investments Rupees crores Particulars 2022 2021 Quoted: Mandatorily measured and carried at FVTPL Investments in Mutual Funds.................................................................................................................................... 6,760.77 4,358.84 Investments in Market Linked Debentures.............................................................................................................. — 97.66 6,760.77 4,456.50 Designated and carried at FVTOCI Investments in Equity Instruments............................................................................................................................ 0.01 0.01 Investments in Debentures and Bonds..................................................................................................................... 31.09 31.97 Investments in Government securities . ................................................................................................................... 4.99 — 36.09 31.98 6,796.86 4,488.48 Unquoted: Carried at amortised cost Investments in Corporate Fixed Deposits ................................................................................................................ 253.00 2.31 253.00 2.31 Designated and carried at FVTOCI Investments in Certificate of Deposits . ................................................................................................................... 852.20 — Total Current Investments 7,902.06 4,490.79 Other Disclosures (i) Aggregate amount of quoted investments (Gross)........................................................................................ 6,796.86 4,488.48 Market Value of quoted investments.............................................................................................................. 6,796.86 4,488.48 (ii) Aggregate amount of unquoted investments (Gross).................................................................................... 1,105.20 2.31 8. Investments (contd.) A. Non-current investments (contd.)