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

380 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 39. Disclosure of interest in Subsidiaries and interest of Non Controlling Interest (contd.) (a) Details of the Group’s subsidiaries at the end of the reporting period are as follows: (contd.) Name of the Subsidiary Place of Incorporation and Place of Operation Proportion of ownership interest * As at 31 st March, 2023 2022 Bristlecone (Malaysia) Sdn. Bhd....................................................................................................................................................................... Malaysia 97.19% 97.06% Bristlecone International AG.............................................................................................................................................................................. Switzerland 97.19% 97.06% Bristlecone UK Limited.......................................................................................................................................................................................... U.K. 97.19% 97.06% Bristlecone Inc............................................................................................................................................................................................................. U.S.A. 97.19% 97.06% Bristlecone Middle East DMCC......................................................................................................................................................................... U.A.E. 97.19% 97.06% Bristlecone India Limited...................................................................................................................................................................................... India 97.19% 97.06% Bristlecone GmbH...................................................................................................................................................................................................... Germany 97.19% 97.06% Bristlecone (Singapore) Pte. Limited............................................................................................................................................................ Singapore 97.19% 97.06% Bristlecone Internacional Costa Rica Limited........................................................................................................................................ U.S.A. 97.19% 97.06% Mahindra Susten Private Limited (upto 22 nd December, 2022) ^^^...................................................................................... India — 100.00% Mahindra Renewables Private Limited (upto 22 nd December, 2022) ^^^.......................................................................... India — 100.00% Neo Solren Private Limited (upto 22 nd December, 2022) ^^^................................................................................................... India — 100.00% Astra Solren Private Limited (upto 22 nd December, 2022) ^^^................................................................................................ India — 100.00% Mega Suryaurja Private Limited (upto 22 nd December, 2022) ^^^......................................................................................... India — 100.00% MSPL International DMCC (upto 22 nd December, 2022) ^^^...................................................................................................... Dubai — 100.00% Brightsolar Renewable Energy Private Limited (upto 22 nd December, 2022) ^^^...................................................... India — 100.00% Martial Solren Private Limited (upto 22 nd December, 2022) ^^^............................................................................................ India — 100.00% Mahindra Teqo Private Limited......................................................................................................................................................................... India 100.00% 100.00% Mahindra Solarize Private Limited................................................................................................................................................................. India 100.00% 100.00% Resurgence Solarize Urja Private Limited (w.e.f. 29 th August, 2022)................................................................................... India 100.00% — Emergent Solren Private Limited (w.e.f. 9 th November, 2022)................................................................................................... India 100.00% — Mahindra Accelo Limited (Formerly known as Mahindra Intertrade Limited)................................................................. India 100.00% 100.00% Mahindra Steel Service Centre Limited...................................................................................................................................................... India 61.00% 61.00% Mahindra Electrical Steel Private Limited................................................................................................................................................ India 100.00% 100.00% Mahindra Auto Steel Private Limited........................................................................................................................................................... India 75.50% 51.00% Mahindra MiddleEast Electrical Steel Service Centre (FZC)........................................................................................................ U.A.E. 90.00% 90.00% Mahindra MSTC Recycling Private Limited............................................................................................................................................... India 50.00% 50.00% PT Mahindra Accelo Steel Indonesia............................................................................................................................................................ Indonesia 99.98% 99.98% Mahindra Defence Systems Limited............................................................................................................................................................. India 100.00% 100.00% Mahindra Emirates Vehicle Armouring FZ-LLC...................................................................................................................................... U.A.E. 88.00% 88.00% Mahindra Armored Vehicles Jordan, LLC................................................................................................................................................... Jordan 88.00% 88.00% Mahindra Telephonics Integrated Systems Limited (w.e.f. 17 th June, 2022) ^................................................................ India 100.00% — Mahindra Aerospace Private Limited (w.e.f 29 th March, 2023) ^.............................................................................................. India 100.00% — Mahindra Aerostructures Pvt Ltd (w.e.f. 29 th March 2023) ^..................................................................................................... India 100.00% — Mahindra Aerospace Australia Pty Ltd (w.e.f. 29 th March 2023) ^.......................................................................................... Australia 100.00% —