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

384 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 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 @ 99 Mahindra Agri Solutions Limited 16/08/2000 INR 1.00 94.17 (44.12) 289.28 239.23 93.17 228.51 (15.90) — (15.90) — 98.79% 100 Mahindra Summit Agriscience Limited 09/10/2018 INR 1.00 128.11 (28.30) 196.35 96.54 — 179.05 (4.35) — (4.35) — 59.27% 101 Merakisan Private Limited 25/07/2019 INR 1.00 12.67 (13.01) 0.47 0.81 — 5.52 0.03 0.01 0.02 — 90.48% 102 Mahindra EPC Irrigation Limited 08/09/2011 INR 1.00 27.84 147.46 279.72 104.42 0.69 212.40 (11.23) (2.61) (8.62) — 54.40% 103 Mahindra Top Greenhouses Private Limited 16/11/2018 INR 1.00 3.00 (1.73) 2.52 1.25 — 4.72 (0.68) — (0.68) — 32.64% 104 Mahindra HZPC Private Limited 25/04/2013 INR 1.00 49.64 (47.30) 54.12 51.78 — 40.71 (4.21) — (4.21) — 59.22% 105 Mahindra Fruits Private Limited (formerly known as Mahindra Greenyard Private Limited) 09/07/2014 INR 1.00 10.93 (10.72) 0.30 0.09 — 2.36 (1.06) — (1.06) — 98.79% 106 Mahindra Fresh Fruits Distribution Holding Company (Europe) B.V. # $ 17/11/2017 EUR 84.50 0.08 (1.63) 35.91 37.46 35.16 — (0.74) — (0.74) — 98.79% 107 OFD Holding BV # $ 22/02/2017 EUR 84.50 0.27 47.57 54.09 6.25 52.99 0.21 (0.06) — (0.06) — 82.09% 108 Origin Direct Asia Ltd. # 22/02/2017 USD 75.72 0.01 2.60 22.99 20.38 — 119.90 0.90 0.01 0.89 — 49.25% 109 Origin Fruit Direct B.V. # 22/02/2017 EUR 84.50 0.11 51.05 129.56 78.40 — 463.47 8.23 1.85 6.38 — 82.09% 110 Origin Fruit Services South America SpA # $ 22/02/2017 CLP 0.0965 0.01 (0.48) 6.87 7.34 — 9.57 0.44 — 0.44 — 82.09% 111 Origin Direct Asia (Shanghai) Trading Co. Ltd. # 22/02/2017 CNY 11.93 1.10 (15.99) 2.05 16.94 — 13.31 (2.57) — (2.57) — 82.09% 112 Bristlecone Limited 17/05/2004 USD 75.72 0.14 54.92 240.24 185.18 225.62 123.81 120.51 26.65 93.86 — 97.06% 113 Bristlecone India Limited 25/09/1995 INR 1.00 19.05 72.72 204.18 112.41 7.79 394.76 44.44 10.88 33.56 — 97.06% 114 Bristlecone Consulting Limited 01/06/2010 CAD 60.72 — 2.88 3.24 0.36 — 0.98 (0.68) (0.18) (0.50) — 97.06% 115 Bristlecone ( Malaysia) Sdn.Bhd 30/05/2007 MYR 18.03 0.90 0.88 3.33 1.55 — 2.69 0.48 — 0.48 — 97.06% 116 Bristlecone International AG 21/06/2011 CHF 81.86 0.82 17.23 28.19 10.14 — 16.17 (2.96) (0.01) (2.95) — 97.06% 117 Bristlecone (UK) Limited 31/05/1999 GBP 99.28 23.33 (17.40) 6.28 0.35 — 0.81 0.53 — 0.53 — 97.06% 118 Bristlecone Inc. 17/05/2004 USD 75.72 51.88 33.17 258.80 173.75 — 507.15 14.59 0.92 13.67 — 97.06% 119 Bristlecone Middle East DMCC 18/07/2016 AED 20.62 0.10 15.83 21.77 5.84 — 26.61 8.31 — 8.31 — 97.06% 120 Bristlecone GmbH 09/12/2003 EUR 84.50 0.42 45.56 53.64 7.66 — 34.26 5.87 1.21 4.66 — 97.06% 121 Bristlecone (Singapore) Pte. Limited 21/02/2003 SGD 55.94 9.34 (0.13) 12.08 2.87 — 17.19 3.85 0.23 3.62 — 97.06% 122 Bristlecone Internacional Costa Rica Limited ** £ 04/01/2022 CRC 0.1132 — — — — — — — — — — 97.06%