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

346 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 16. Cash and Cash Equivalents and Bank Balances Rupees crores Particulars 2023 2022 a) Cash and Cash Equivalents Balances with banks – On current accounts............................................................................................................................................................................................................. 1,909.44 2,031.57 – On saving accounts............................................................................................................................................................................................................... 0.03 0.03 – Fixed deposits with original maturity of less than 3 months................................................................................................................. 1,390.57 1,290.58 Cheques, drafts on hand........................................................................................................................................................................................................ 145.43 107.43 Cash on hand................................................................................................................................................................................................................................. 47.94 57.98 Total .................................................................................................................................................................................................................................................... 3,493.41 3,487.59 b) Bank balances other than Cash and Cash Equivalents Earmarked balances with banks...................................................................................................................................................................................... 44.24 31.76 Balances with banks on margin accounts................................................................................................................................................................ 22.35 32.09 Fixed deposits............................................................................................................................................................................................................................... 7,713.43 7,566.17 Total .................................................................................................................................................................................................................................................... 7,780.02 7,630.02 17. Equity Share Capital Rupees crores Particulars 2023 2022 Authorised: 22,31,30,00,000 (2022: 18,10,00,00,000) Ordinary (equity) Shares of Rs. 5 each ........................................................................ 11,156.50 9,050.00 25,00,000 (2022: 25,00,000) Unclassified Shares of Rs. 100 each ............................................................................................................. 25.00 25.00 150,00,00,000 (2022: 150,00,00,000) Preference Shares of Rs. 10 each ............................................................................................. 1,500.00 1,500.00 12,681.50 10,575.00 Issued, Subscribed and Paid-up: 1,24,35,28,831 (2022: 1,24,31,92,544) Ordinary (Equity) Shares of Rs. 5 each fully paid up.................................................... 621.77 621.60 Less: 4,54,10,607 (2022: 4,65,91,301) Ordinary (Equity) Shares of Rs. 5 each fully paid up issued to M&M ESOP trust but not yet allotted to employees.............................................................................................................................................................................................. 22.71 23.30 Less: 8,44,70,428 (2022: 8,44,70,428) Ordinary (Equity) Shares of Rs. 5 each fully paid up issued to M&M benefit trust................................................................................................................................................................................................................................... 42.24 42.24 Adjusted Issued, Subscribed and Paid-up ........................................................................................................................................................................ 556.82 556.06