STANDALONE ACCOUNTS 317 Particulars Face Value Per Unit (Rupees) 2024 2023 Number Rupees crores Number Rupees crores (C) Designated and measured at FVTOCI In Other Companies Equity shares.................................................................................................... 2.31 1.29 Preference shares # ................................................................................... 6.02 — 8.33 1.29 Investments in Equity Instruments-Quoted (Total) .................. 5,743.36 5,205.18 Unquoted (A) At Cost (i) In Subsidiary Companies Equity shares Gromax Agri Equipment Limited ......................................... 10 59,73,218 4.29 59,73,218 4.29 Kota Farm Services Limited ................................................... 10 2,73,420 — 2,73,420 — Mahindra & Mahindra Contech Limited .......................... 10 35,000 0.04 35,000 0.04 Mahindra Agri Solutions Limited ......................................... 10 11,09,12,949 406.85 9,30,32,599 367.33 Mahindra and Mahindra South Africa (Proprietary) Limited .................................................................................................... ZAR 1 5,20,00,000 28.54 5,20,00,000 28.54 Mahindra Automotive Australia Pty. Limited ............... AUD 1 45,75,000 21.16 45,75,000 21.16 Mahindra Automotive Mauritius Limited ........................ -Ordinary shares ............................................................................. EUR 1 13,30,05,001 1,075.42 13,30,05,001 1,075.42 -Ordinary shares ............................................................................. NA *** 899.18 *** 735.54 Mahindra Aerospace Private Limited ................................ 10 91,23,89,607 1,106.96 91,23,89,607 1,106.96 Mahindra Construction Company Limited ..................... 10 9,00,000 — 9,00,000 — Mahindra Defence Systems Limited .................................. 10 1,67,23,655 292.95 1,67,23,655 292.95 Mahindra do Brasil Industrial Ltda.(quotas) ................. BRL 1 6,09,10,950 97.80 6,09,10,950 97.80 Mahindra Electric Automobile Limited [including 169,44,44,445 shares of face value of Rs. 10 each partly paid-up Rs. 5.72 per share) ..................................... 10 3,63,58,73,755 3,199.49 2,99,44,94,445 1,469.49 Mahindra eMarket Limited ....................................................... 10 3,59,865 0.02 3,59,865 0.02 Mahindra Holdings Limited ...................................................... 10 2,70,53,71,700 2,705.37 2,70,53,71,700 2,705.37 Mahindra Overseas Investment Company (Mauritius) Limited ................................................................................................... – Ordinary shares ........................................................................... US $ 1 30,14,29,209 1,893.69 30,14,29,209 1,893.69 – Ordinary shares ........................................................................... NA 38,60,43,477 1,017.97 38,60,43,477 1,017.97 Mahindra Sustainable Energy Private Limited (formerly known as Mahindra Telecom Energy Management Services Private Limited) .......................... 10 12,34,35,200 123.44 6,94,35,200 69.44 Mahindra Two Wheelers Europe Holdings S.a.r.l. ...... – Class A Shares .............................................................................. EUR 1 1,49,00,000 188.71 1,49,00,000 188.71 – Class B Shares ............................................................................. EUR 0.05 1,60,00,00,000 633.90 1,60,00,00,000 633.90 – Class C Shares .............................................................................. EUR 0.03 53,33,33,300 135.16 53,33,33,300 135.16 – Class D Shares ............................................................................. EUR 0.02 1,65,00,00,000 286.35 1,65,00,00,000 286.35 Mahindra Two Wheelers Limited .......................................... 0.02 41,41,18,90,946 436.49 41,22,50,37,146 433.73 Mahindra USA Inc. .......................................................................... – Class A Shares .............................................................................. US $ 0.25 45,60,00,000 755.08 45,60,00,000 755.08 – Class B Shares ............................................................................. US $ 0.16 67,25,00,000 795.94 67,25,00,000 795.94 Blue Planet Integrated Waste Solutions Limited (formerly known as Mahindra Waste To Energy Solutions Limited) Ω .................................................................... 10 — — 3,00,00,000 29.71 Mahindra Accelo Limited [including 1,50,00,000 shares of face value of Rs. 10 each partly paid-up Rs. 3 per share] ............................................................................... 10 2,71,00,007 700.21 2,71,00,007 700.21 8. Investments (contd.) A. Non-current investments (contd.)
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