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

337 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS b) Measured as per other than equity accounting method Rupees crores Particulars Amortised Cost FVTOCI FVTPL Total 2023 2022 2023 2022 2023 2022 2023 2022 Quoted Investments in non-convertible debentures/bonds ..................................................... 25.97 26.10 351.43 262.04 — — 377.40 288.14 Investments in government securities........ 1,223.95 1,270.68 4,326.21 4,070.25 — — 5,550.16 5,340.93 Investments in equity instruments $........... — — 206.58 219.44 172.20 0.24 378.78 219.68 1,249.92 1,296.78 4,884.22 4,551.73 172.20 0.24 6,306.34 5,848.75 Unquoted Investments in Preference Shares — of Joint ventures *............................................... 110.90 — — — 3.43 8.95 114.33 8.95 — of Other entities.................................................... — 0.03 — — — — — 0.03 Investments in Debentures/Bonds — of Joint ventures *............................................... — — — — 65.56 61.18 65.56 61.18 — of Other entities.................................................... 2.88 10.56 1.59 — — — 4.47 10.56 Investments in Alternate Investment Fund...................................................................................... — — — — 26.24 24.75 26.24 24.75 Investments in Equity Instruments................ — — 31.28 86.70 77.71 19.93 108.99 106.63 113.78 10.59 32.87 86.70 172.94 114.81 319.59 212.10 Total ................................................................................... 1,363.70 1,307.37 4,917.09 4,638.43 345.14 115.05 6,625.93 6,060.85 Rupees crores Other Disclosures: 2023 2022 Aggregate amount of quoted investments (Gross) .................................................................................................................................... 15,971.52 15,686.09 Market Value of quoted Investments ..................................................................................................................................................................... 36,369.28 46,117.60 Aggregate amount of unquoted investments (Gross) .............................................................................................................................. 5,034.98 3,524.46 * Refer note 40. $ Investments in equity instruments measured at FVTPL includes investment in SsangYong Motor Company renamed as “KG Mobility”, which resumed trading on a stock exchange outside India post 31 st March, 2023. B. Current Investments Rupees crores Particulars Amortised Cost FVTOCI FVTPL Total 2023 2022 2023 2022 2023 2022 2023 2022 Quoted Investments in Debentures /Bonds........................... — — 24.85 31.09 100.53 — 125.38 31.09 Investments in Equity Instruments........................... — — * * — — * * Investments in Government Securities.................. 50.56 41.38 570.36 420.70 — — 620.92 462.08 Investments in Mutual Funds........................................ — — — — 8,672.23 9,041.67 8,672.23 9,041.67 50.56 41.38 595.21 451.79 8,772.76 9,041.67 9,418.53 9,534.84 Unquoted Investments in Certificate of Deposits................... 119.56 165.35 2,004.43 852.20 1,973.02 — 4,097.01 1,017.55 Investments in Corporate Fixed Deposits................. 344.10 297.49 — — — — 344.10 297.49 Investments in Commercial paper............................. — — 312.16 — 94.12 — 406.28 — 463.66 462.84 2,316.59 852.20 2,067.14 — 4,847.39 1,315.04 Total ............................................................................................... 514.22 504.22 2,911.80 1,303.99 10,839.90 9,041.67 14,265.92 10,849.88 * denotes amounts less than Rs. 50,000. 9. Investments (contd.)