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

239 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Statement of Changes in Equity | for the year ended 31 st March, 2023 (A) Equity Share Capital Rupees crores 2023 2022 Issued, Subscribed and Paid-up : ........................................................................................... Balance as at the beginning of the year.............................................................................. 598.30 597.39 Changes in equity share capital due to prior period error...................................... — — Restated balance.................................................................................................................................... 598.30 597.39 Add: Allotment of shares by M&M ESOP Trust to Employees............................... 0.58 0.91 Add: Shares issued under scheme of arrangement....................................................... 0.17 — Balance as at the end of the year............................................................................................ 599.05 598.30 (B) Other Equity Rupees crores Reserves and Surplus Items of other comprehensive income Total Share Pending Issuance Capital Reserve Securities Premium (refer note a) General Reserve (refer note b) Debenture Redemption Reserve Share Option Outstanding Account Retained Earnings Debt instrument through Other Comprehensive Income Equity instrument through Other Comprehensive Income Effective portion of Cash Flow Hedges [Note 38.1.(c)] As at 1 st April, 2022 ........................................................... 0.09 528.30 2,638.24 1,742.36 50.64 230.98 32,450.64 (0.46) (35.75) (5.29) 37,599.75 Profit for the year................................................................... — — — — — — 6,548.64 — — — 6,548.64 Other Comprehensive Income/(Loss).......................... — — — — — — (92.84) (1.40) 7.55 12.45 (74.24) Total Comprehensive Income for the year ..... — — — — — — 6,455.80 (1.40) 7.55 12.45 6,474.40 Dividend paid on Equity Shares................................... — — — — — — (1,435.89) — — — (1,435.89) Exercise of employee stock options........................... 0.08 — 86.42 — — (78.18) — — — — 8.32 Allotment of bonus shares by M&M ESOP Trust to Employees............................................................... — — (0.30) — — — — — — — (0.30) On account of employee stock options lapsed..... — — — 4.04 — (4.04) — — — — — Share based payment to employees.......................... — — — — — 111.57 — — — — 111.57 Transfer to retained earnings...................................... — — — — — 7.48 — (7.48) — — Shares allotted........................................................................... (0.17) — — — — — — — — — (0.17) As at 31 st March, 2023 .................................................... 0.00 528.30 2,724.36 1,746.40 50.64 260.33 37,478.03 (1.86) (35.68) 7.16 42,757.68