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

290 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 Rupees crores Sr. No. Nature of Transactions For the Year Ended 31 st March Subsidiaries Associates Joint Ventures KMP Close members of KMP and Entities controlled/ jointly controlled by KMP Entity belonging to Promoter/ Promoter Group holding 10% or more in the Company Welfare Funds / Post- Employment benefit plans 5. Managerial Remuneration............... 2023 — — — 27.21 — — — 2022 — — — 38.54 — — — 6. Stock Options.......................................... 2023 — — — 6.98 — — — 2022 — — — 5.18 — — — 7. Commission and other benefits to Non-executive/independent directors (including nominee directors) **........................................................ 2023 — — — 3.89 — — — 2022 — — — 3.89 — — — 8. Others (Sitting Fees) #........................... 2023 — — — 0.14 — — — 2022 — — — — — — — 9. Finance: Loans/Inter Corporate Deposits given/rollover............................................. 2023 1,507.47 — 542.00 — — — — 2022 673.91 — 117.00 — — — — Loans/Inter Corporate Deposits refunded by parties............................. 2023 318.50 — 130.62 0.61 — — 5.00 2022 139.31 — 100.00 7.22 — — 5.00 Inter Corporate Deposit Taken.... 2023 — — — — — — — 2022 50.00 — — — — — — Inter Corporate Deposit Taken refunded to parties............................. 2023 — — — — — — — 2022 100.00 — — — — — — Interest Income...................................... 2023 38.95 — 11.28 0.03 — — — 2022 41.85 — 8.11 0.11 — — — Interest Expenses................................. 2023 — — — — — — — 2022 0.66 — — — — — — Dividend received.................................. 2023 372.06 1,235.08 — — — — — 2022 201.96 1,161.06 — — — — — Share Application Money Given..... 2023 — — — — — — — 2022 — — 62.27 — — — — 10. Dividends Distributed......................... 2023 97.56 — — 2.15 0.65 163.46 1.48 2022 108.62 — — 1.49 0.48 123.83 1.12 39. Related Party Disclosures: (contd.) (c) The related party transactions are as under: (contd.)