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

362 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 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 3. Investments: Purchases/subscribed/ conversion................................ 2022 14.47 110.50 — — — — 2021 68.29 307.44 — — — — 4. Management contracts including deputation of personnel: To parties. ................................ 2022 6.84 1.88 — — — — 2021 6.09 1.72 — — — — 5. Managerial remuneration. ..... 2022 — — 38.54 — — — 2021 — — 33.25 — — — 6. Stock options. ............................. 2022 — — 5.18 — — — 2021 — — 2.05 — — — 7. Commission and other benefits to non-executive/independent directors (including nominee directors) **................................ 2022 — — 3.89 — — — 2021 — — 3.73 — — — 8. Finance: Inter corporate deposits/loan given......................................... 2022 — 202.43 — — — — 2021 — 65.99 5.65 — — — Inter Corporate Deposits/loan refunded by parties................. 2022 — 173.89 7.22 — — 5.00 2021 — 59.07 8.25 — — 1.00 Debenture/Preference shares issued by related parties......... 2022 — — — — — — 2021 1.00 — — — — — Debenture redeemed by related parties. ........................ 2022 1.00 13.62 — — — — 2021 — — — — — — Debenture redeemed to related parties. ........................ 2022 150.00 — — — — — 2021 — — — — — — Debenture issued to related parties....................................... 2022 — — — — — — 2021 — 47.00 — — — — Inter corporate deposits taken. ....................................... 2022 200.90 — — — — — 2021 510.70 — — — — — 40. Related Party Disclosures (contd.) (b) The related party transactions are as under: (contd.)