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

381 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 Part “A” Subsidiaries [as per section 2(87) of the Companies Act, 2013] (contd.) Rupees crores Sr. No. Name of Subsidiary The date since when subsidiary was acquired Reporting currency Exchange rate Share Capital Reserves & Surplus Total Assets Total Liabilities Investments Gross Turnover Profit/(Loss) before Tax Provision for Tax Profit/ (Loss) after Tax Proposed Dividend and Tax thereon Proportion of ownership interest @ 24 Erkunt Traktor Sanayii A.S. # 01/12/2017 TRY 5.17 188.71 (36.02) 473.14 320.45 55.78 640.70 44.20 (9.35) 53.55 — 100.00% 25 Erkunt Sanayi A.S. # 01/12/2017 TRY 5.17 4.16 155.16 338.71 179.39 4.35 604.94 78.74 13.70 65.04 — 98.69% 26 Sampo Rosenlew Oy 29/09/2020 EUR 84.50 4.74 25.51 376.29 346.04 31.10 443.03 (42.10) 0.01 (42.11) — 79.13% 27 Carnot Technologies Private Limited 17/03/2022 INR 1.00 0.17 7.14 9.42 2.11 — 10.52 (1.66) (0.03) (1.63) — 73.00% 28 Mahindra & Mahindra Financial Services Limited 30/09/1998 INR 1.00 246.60 15,381.49 75,288.73 59,660.64 8,440.27 9,718.80 1,356.91 368.16 988.75 444.79 52.26% 29 Mahindra Insurance Brokers Limited 07/04/2004 INR 1.00 10.31 493.74 629.59 125.54 212.15 348.01 70.38 18.49 51.89 5.15 41.81% 30 Mahindra Rural Housing Finance Limited 09/04/2007 INR 1.00 121.87 1,332.64 8,513.60 7,059.09 619.61 1,377.49 57.72 9.99 47.73 — 51.87% 31 Mahindra Manulife Investment Management Private Limited 20/06/2013 INR 1.00 382.94 (136.12) 275.52 28.70 151.48 35.27 (38.06) — (38.06) — 26.65% 32 Mahindra Manulife Trustee Private Limited 25/04/2013 INR 1.00 0.98 0.20 1.23 0.05 1.05 0.76 0.23 — 0.23 — 26.65% 33 Mahindra Ideal Finance Limited 08/07/2021 LKR 0.2591 49.44 21.71 219.86 148.70 6.46 34.24 8.04 1.84 6.20 — 30.42% 34 Mahindra Finance CSR foundation 02/04/2019 INR 1.00 * 0.03 0.04 0.01 — 0.10 (8.46) — (8.46) — 52.26% 35 Mahindra Lifespace Developers Limited 30/03/2007 INR 1.00 154.52 1,336.78 2,317.84 826.54 491.40 306.50 22.50 (20.39) 42.89 30.90 51.33% 36 Mahindra Infrastructure Developers Limited 14/12/2001 INR 1.00 18.00 2.94 21.41 0.47 0.08 10.46 10.33 0.36 9.97 — 51.33% 37 Mahindra World City (Maharashtra) Limited 21/09/2005 INR 1.00 1.17 (11.70) 11.80 22.33 11.79 — (0.62) — (0.62) — 51.33% 38 Mahindra Integrated Township Limited 04/05/2006 INR 1.00 50.00 41.92 256.04 164.12 66.30 102.27 36.13 10.12 26.01 — 37.98% 39 Knowledge Township Limited 16/08/2007 INR 1.00 49.07 5.86 71.60 16.67 — — (0.21) — (0.21) — 51.33% 40 Mahindra Residential Developers Limited 01/02/2008 INR 1.00 0.25 96.10 102.45 6.10 — 7.03 2.15 0.64 1.51 — 37.98% 41 Industrial Township (Maharashtra) Limited 02/07/2008 INR 1.00 5.00 (2.32) 2.69 0.01 — 0.03 (0.01) * (0.01) — 51.33% 42 Anthurium Developers Limited 02/06/2010 INR 1.00 0.05 0.08 0.13 * — 0.01 (0.01) — (0.01) — 51.33% 43 Mahindra Industrial Park Private Limited 29/03/2013 INR 1.00 0.05 (7.90) 245.34 253.19 11.78 15.70 9.24 2.33 6.91 — 51.33% 44 Mahindra Water Utilities Limited 27/07/2015 INR 1.00 0.10 20.66 24.54 3.78 0.04 23.20 9.52 2.45 7.07 12.00 50.82% 45 Mahindra World City Developers Limited 22/09/2004 INR 1.00 20.00 90.13 483.14 373.01 115.00 28.62 (28.85) (8.53) (20.32) — 45.68% 46 Mahindra World City Jaipur Limited 26/08/2005 INR 1.00 150.00 278.90 743.23 314.33 47.07 292.49 180.58 43.55 137.03 52.50 37.98%