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

361 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 40. Related Party Disclosures (contd.) (a) Names of related parties where transactions have taken place during the year: (contd.) (iv) Close member of KMP and entities controlled/jointly controlled by KMP: Sr. No. Close member of KMP 1 Mrs. Anuradha Mahindra 2 Mrs. Radhika Nath 3 Dr. T. N. Gajendran Sr. No. Entities controlled/jointly controlled by KMP 1 The Indian & Eastern Engineer Company Private Limited 2 Cholamandalam Investment and Finance Company Limited 3 Tube Investments of India Limited (v) Entity belonging to Promoter/Promoter Group holding 10% or more in the company: Sr. No. Name of the Company 1 Prudential Management & Services Private Limited (vi) Welfare Funds: Sr. No. Name of the Funds 1 M&M Employees' Welfare Fund 1 2 M&M Employees' Welfare Fund 2 3 M&M Employees' Welfare Fund 3 4 Mahindra World School Education Trust (b) The related party transactions are as under: Rupees crores Sr. No. Nature of Transactions For the Year Ended 31 st March Associates/ Associates of Subsidiaries/ Subsidiaries of Associate Joint Ventures/ Joint Ventures of Subsidiaries KMP/KMP Exercising Significant Influence/ close member of KMP Close members of KMP and Entities controlled/ jointly controlled by KMP Entity belonging to Promoter/ Promoter Group holding 10% or more in the company Welfare Funds 1. Purchases: Goods. ...................................... 2022 2,881.64 428.59 — — — — 2021 2,301.89 165.85 — — — — Property, plant & equipment and Intangible assets. ............. 2022 16.75 0.04 — — — — 2021 39.43 0.07 — * — — Services..................................... 2022 220.20 10.87 — — — — 2021 316.92 12.45 — — — — 2. Sales: Goods. ...................................... 2022 235.81 749.95 — — — — 2021 166.23 473.25 — * — — Property, plant and equipment................................ 2022 0.01 * — — — — 2021 0.15 — — — — — Services..................................... 2022 39.77 64.82 — 0.55 — 0.01 2021 19.44 53.79 — 0.46 — 0.01