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

255 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Particulars Face Value Per Unit (Rupees) 2023 2022 Number Rupees crores Number Rupees crores (B) Designated and carried at FVTPL In Other Companies SsangYong Motor Company ##........................................................... KRW 5,000 1,25,36,341 172.14 11,18,55,108 — (C) Designated and carried at FVTOCI In Other Companies Equity shares .................................................................................................. 1.29 1.22 1.29 1.22 5,205.18 5,525.84 Unquoted (A) At Cost (i) In Subsidiary Companies Equity shares Gromax Agri Equipment Limited........................................... 10 59,73,218 4.29 59,73,218 4.29 Kota Farm Services Limited..................................................... 10 2,73,420 — 2,73,420 — Mahindra & Mahindra Contech Limited............................ 10 35,000 0.04 35,000 0.04 Mahindra Agri Solutions Limited........................................... 10 9,30,32,599 367.33 9,30,32,599 367.33 Mahindra and Mahindra South Africa (Proprietary) Limited...................................................................................................... ZAR 1 5,20,00,000 28.54 5,20,00,000 28.54 Mahindra Automotive Australia Pty. Limited................. AUD 1 45,75,000 21.16 45,75,000 21.16 Mahindra Automotive Mauritius Limited – Ordinary shares............................................................................. EUR 1 13,30,05,001 1,075.42 13,30,05,001 1,075.42 – Ordinary shares............................................................................. NA 1,10,50,23,98,69,39,88,000 735.54 3,65,36,06,54,761 474.36 Mahindra Aerospace Private Limited #............................. 10 91,23,89,607 1,106.96 — — Mahindra Bangladesh Private Limited............................... BDT 100 — — 4,20,001 3.57 Mahindra Construction Company Limited....................... 10 9,00,000 — 9,00,000 — Mahindra Consulting Engineers Limited........................... 10 — — 11,51,000 1.25 Mahindra Defence Systems Limited................................... 10 1,67,23,655 292.95 1,67,23,655 292.95 Mahindra do Brasil Industrial Ltda.(quotas)................... BRL 1 6,09,10,950 97.80 6,09,10,950 97.80 Mahindra Electric Automobile Limited.............................. 10 1,30,00,50,000 1,300.05 — — Mahindra Electric Automobile Limited [Including 169,44,44,445 partly paid Equity shares of Face Value Rs.10 each partly paid to Re.1 each)................. 10 1,69,44,44,445 169.44 — — Mahindra eMarket Limited......................................................... 10 3,59,865 0.02 3,59,865 0.02 Mahindra Holdings Limited........................................................ 10 2,70,53,71,700 2,705.37 2,46,34,99,450 2,463.50 Mahindra Overseas Investment Company (Mauritius) Limited – Ordinary shares............................................................................. US $ 1 30,14,29,209 1,893.69 30,14,29,209 1,893.69 – Ordinary shares............................................................................. NA 38,60,43,477 1,017.97 38,60,43,477 1,017.97 Mahindra Telecom Energy Management Services Private Limited................................................................................... 10 6,94,35,200 69.44 5,60,50,000 56.05 Mahindra Two Wheelers Europe Holdings S.a.r.l.: – Class A shares................................................................................ EUR 1 1,49,00,000 188.71 1,49,00,000 188.71 – Class B shares................................................................................ EUR 0.05 1,60,00,00,000 633.90 1,60,00,00,000 633.90 – Class C shares................................................................................ EUR 0.03 53,33,33,300 135.16 53,33,33,300 135.16 – Class D shares................................................................................ EUR 0.02 1,65,00,00,000 286.35 1,65,00,00,000 286.35 Mahindra Two Wheelers Limited........................................... 0.02 41,22,50,37,146 433.73 41,22,50,37,146 433.73 Mahindra USA Inc. – Class A shares................................................................................. US $ 0.25 45,60,00,000 755.08 45,60,00,000 755.08 – Class B shares................................................................................ US $ 0.16 67,25,00,000 795.94 67,25,00,000 795.94 Mahindra Waste To Energy Solutions Limited............. 10 3,00,00,000 29.71 2,62,15,842 26.22 8. Investments (contd.) A. Non-current investments (contd.)