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

385 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 @ 123 Mahindra-BT Investment Company (Mauritius) Limited 24/12/2004 USD 75.72 89.96 84.84 174.87 0.07 36.39 1.23 0.92 0.23 0.69 — 57.00% 124 Mahindra Intertrade Limited 28/04/1983 INR 1.00 16.60 735.40 1,385.58 633.58 201.97 2,459.58 193.77 49.85 143.92 43.16 100.00% 125 Mahindra Steel Service Centre Limited 29/12/1993 INR 1.00 16.54 98.33 327.91 213.04 5.75 315.29 26.44 8.00 18.44 5.46 61.00% 126 Mahindra Electrical Steel Private Limited ** 11/07/2009 INR 1.00 0.50 (9.74) 7.04 16.28 — — (2.04) — (2.04) — 100.00% 127 Mahindra Auto Steel Private Limited 12/12/2013 INR 1.00 68.50 43.47 240.89 128.92 — 248.79 22.53 7.00 15.53 2.33 51.00% 128 Mahindra Middleeast Electrical Steel Service Centre (FZC) 08/08/2004 AED 20.62 4.16 23.86 58.71 30.69 — 62.33 5.31 — 5.31 — 90.00% 129 PT Mahindra Accelo Steel Indonesia 19/12/2018 IDR 0.0053 29.42 (2.32) 65.31 38.21 — 0.25 (1.29) 0.01 (1.30) — 99.98% 130 Mahindra MSTC Recycling Private Limited 16/12/2016 INR 1.00 57.20 (15.94) 49.76 8.50 — 17.48 0.09 (0.48) 0.57 — 50.00% 131 Mahindra Holdings Limited 02/11/2007 INR 1.00 2,463.50 (271.41) 2,192.36 0.27 2,096.36 1.98 (4.45) 0.26 (4.71) — 100.00% 132 Mahindra Overseas Investment Company (Mauritius) Limited 24/12/2004 USD 75.72 3,334.02 (3,415.02) 1,755.64 1,836.64 1,710.30 167.33 (19.27) 25.32 (44.59) — 100.00% 133 Mahindra Automotive Mauritius Limited 06/11/2018 EUR 84.50 1,586.11 (1,585.83) 0.36 0.08 — — (310.28) — (310.28) — 100.00% 134 Mahindra Racing UK Limited 04/03/2011 GBP 99.28 0.20 (17.28) 81.68 98.76 — 174.65 (11.97) (8.19) (3.78) — 100.00% 135 Mahindra Susten Private Limited 04/03/2011 INR 1.00 195.46 802.21 2,859.40 1,861.73 475.21 657.34 6.01 6.51 (0.50) — 100.00% 136 Mahindra Renewables Private Limited 28/07/2013 INR 1.00 321.52 75.18 2,729.46 2,332.76 154.40 302.28 39.08 9.84 29.24 — 100.00% 137 Mahindra Teqo Private Limited 05/01/2016 INR 1.00 0.10 17.92 78.18 60.16 — 130.33 12.85 3.42 9.43 — 100.00% 138 Neo Solren Private Limited 01/07/2015 INR 1.00 9.32 69.30 308.27 229.65 — 41.38 5.43 1.51 3.92 — 100.00% 139 Marvel Solren Private Limited 10/10/2015 INR 1.00 27.82 23.77 136.45 84.86 — 19.19 1.22 0.45 0.77 — 51.00% 140 Astra Solren Private Limited 14/10/2015 INR 1.00 8.89 76.91 403.72 317.92 — 61.35 14.71 4.12 10.59 — 100.00% 141 Brightsolar Renewable Energy Private Limited 03/12/2013 INR 1.00 9.52 13.57 93.76 70.67 — 13.28 1.14 0.32 0.82 — 100.00% 142 Mega Suryaurja Private Limited 16/02/2017 INR 1.00 8.65 76.21 1,335.71 1,250.85 — — (0.17) (0.02) (0.15) — 100.00% 143 Martial Solren Private Limited ** 27/08/2020 INR 1.00 0.01 (0.06) — 0.05 — — (0.03) — (0.03) — 100.00% 144 Mahindra Solarize Private Limited 06/04/2020 INR 1.00 28.00 2.68 126.16 95.48 — 162.83 3.80 1.00 2.80 — 100.00% 145 MSPL International DMCC ** 08/10/2019 AED 20.62 23.95 (23.39) 0.30 (0.26) — — (0.04) — (0.04) — 100.00% 146 Mahindra Defence Systems Limited 30/07/2012 INR 1.00 16.72 396.88 902.16 488.56 118.46 442.07 105.47 27.84 77.63 12.54 100.00% 147 Mahindra Telephonics Integrated Systems Limited 22/04/2013 INR 1.00 50.78 (46.40) 53.60 49.22 — 11.96 (6.14) — (6.14) — 51.00%