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

258 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 8. Investments (contd.) A. Non-current investments (contd.) Particulars Face Value Per Unit (Rupees) 2023 2022 Number Rupees crores Number Rupees crores (ii) In Joint Venture Companies 18.00% Optionally Convertible Debenture: Zoomcar India Private Limited................................................ 1,00,000 — — — — (iii) In Others Investment in Alternate Investment Fund...................... 26.24 24.75 26.24 24.75 Other Non-Current Investments (Total) .................................................. 118.81 63.61 Total Non-Current Investments (Gross) ................................................... 24,060.92 22,255.49 Less: Aggregate amount of impairment in value of investments.......................................................................................................... (6,521.86) (5,953.09) Total Non-Current Investments (Net) ........................................................ 17,539.06 16,302.40 Other Disclosures (i) Aggregate amount of quoted investments (Gross)..................... 5,205.18 5,525.84 Market Value of quoted investments................................................ 51,714.55 57,237.27 (ii) Aggregate amount of unquoted investments (Gross)............... 18,855.74 16,729.65 Notes: ** Status has been changed from Associate to Subsidiary * denotes amounts less than Rs. 50,000. # Status has been changed from Joint Venture to Subsidiary ~ Face value has been reduced from 5 to 2 ^^ Bonus shares issued in the ratio of 1:79 ## Company renamed as “KG Mobility”, trading resumed on a stock exchange outside India post 31 st March, 2023 @ Subsequent to 31 st March, 2023 entire shares has been sold B. Current investments Particulars 2023 2022 Quoted: Mandatorily measured and carried at FVTPL Investments in Mutual Funds.......................................................................................................................................................................................................... 6,841.82 6,760.77 Investments in Market Linked Debentures............................................................................................................................................................................ 100.53 — 6,942.35 6,760.77 Designated and carried at FVTOCI Investments in Equity Instruments............................................................................................................................................................................................. 0.01 0.01 Investments in Debentures and Bonds.................................................................................................................................................................................... 24.85 31.09 Investments in Government securities ................................................................................................................................................................................... 10.02 4.99 34.88 36.09 6,977.23 6,796.86 Unquoted: Carried at FVTOCI Investments in Commercial Papers............................................................................................................................................................................................ 312.16 — 312.16 — Carried at amortised cost Investments in Corporate Fixed Deposits ............................................................................................................................................................................. 254.19 253.00 254.19 253.00 Designated and carried at FVTOCI Investments in Certificate of Deposits ................................................................................................................................................................................... 2,004.43 852.20 Total Current Investments 9,548.01 7,902.06 Other Disclosures (i) Aggregate amount of quoted investments (Gross)............................................................................................................................................ 6,977.23 6,796.86 Market Value of quoted investments........................................................................................................................................................................... 6,977.23 6,796.86 (ii) Aggregate amount of unquoted investments (Gross)....................................................................................................................................... 2,570.78 1,105.20