MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

215 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 3. Details of remuneration/salary/wages: Male Female Number Median remuneration/salary/ wages of respective category (Rs.) Number Median remuneration/salary/ wages of respective category (Rs.) Board of Directors (BoD) 9 # 0.64 Cr. 3 0.56 Cr. Key Managerial Personnel 4* 9.21 Cr. – – Employees other than BoD and KMP 11,469 0.17 Cr. 777 0.14 Cr. Workers 11,193 0.06 Cr. 56 0.04 Cr. # Includes one of the Non-Executive Non-Independent Directors who has waived his right to receive sitting fees/remuneration during his tenure as a Non- Executive Non-Independent Director of the Company. * Includes Managing Director & CEO and Executive Director & CEO (Auto and Farm Sector) who are also covered in the number of directors on the Board. 4. D o you have a focal point (Individual/Committee) responsible for addressing human rights impacts or issues caused or contributed to by the business? (Yes/No) Yes, there is a Ethics helpline that addresses all such issues, which has a structured mechanism for closure. 5. Describe the internal mechanisms in place to redress grievances related to human rights issues. The Company has Policy on Prevention of Sexual Harassment at Workplace (“POSH”) and Ethics and Governance Policy which include stringent SOPs for human rights grievance redressal with respect to sexual harassment and ethical practices. Further, the Company has an initiative SPEAK UP to spread awareness about POSH. As a part of Speak UP Awareness campaign, case studies on corruption and harassment have been prepared which are circulated to the ethics counsellors along with the SPEAK UP presentations. The ethics counsellors then conduct SPEAK UP awareness sessions for officers and workmen covering various case studies. Leadership messages on SPEAK UP are also circulated on a timely basis. Thus, zero tolerance towards any human rights violation is ensured diligently in the Company. 6. Number of Complaints on the following made by employees and workers: FY 2022-23 FY 2021-22 Filed during the year Pending resolution at the end of year Remarks Filed during the year Pending resolution at the end of year Remarks Sexual Harassment 9 – NA 9 2 Complaints have been resolved subsequent to the end of the year Discrimination at workplace – – NA – – NA Child Labour – – NA – – NA Forced Labour/ Involuntary Labour – – NA – – NA Wages – – NA – – NA Other human rights related issues – – NA – – NA 7. Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment cases. The Company has policies and laid down processes on discrimination at workplace, POSH and Ethics and Governance, which include stringent SOPs for human rights grievance redressal with respect to sexual harassment and ethical practices.