MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 320 8. Investments (contd.) A. Non-current investments (contd.) Particulars Face Value Per Unit (Rupees) 2024 2023 Number Rupees crores Number Rupees crores (ii) In Joint Venture Companies 0.001% Compulsorily Convertible Non-Cumulative Preference Shares: Classic Legends Private Limited .................................................................................................... 10 21,00,00,000 210.00 — — 210.00 (iii) In Others Investment in Alternate Investment Fund...................... 27.05 26.24 27.05 26.24 Other Non Current Investments - Unquoted (Total) ................... 333.53 118.81 Investment in Other Non Current Investments (Total) ............ 694.51 118.81 Total Non Current Investments (Gross) ................................................. 27,940.21 24,060.92 Less: Aggregate amount of impairment in value of investments... (6,391.47) (6,521.86) Total ........................................................................................................................... 21,548.74 17,539.06 Other Disclosures (i) Aggregate amount of quoted investments (Gross)..................... 6,104.34 5,205.18 Market Value of quoted investments................................................ 63,638.48 51,714.55 (ii) Aggregate amount of unquoted investments (Gross)............... 21,835.87 18,855.73 Notes: Ω Status has changed from subsidiary to associate during the year # Status has changed from joint venture to a financial asset during the year ¥ Liquidated w.e.f. 20th September 2023 π Change in number and nature of shares on account of internal restructuring of the investee *** Number of shares-2024: 1,40,03,99,90,72,60,94,00,000 (2023: 1,10,50,23,98,69,39,88,000) NA face value not applicable * Denotes amount less than Rs. 50,000 B. Current investments Rupees crores Particulars 2024 2023 Quoted: Mandatorily measured at FVTPL Investments in Mutual Funds.......................................................................................................................................................................................................... 5,592.88 6,841.82 Investments in Market Linked Debentures............................................................................................................................................................................ 28.34 100.53 5,621.22 6,942.35 Designated and measured at FVTOCI Investments in Equity Instruments............................................................................................................................................................................................. 0.02 0.01 Investments in Debentures and Bonds.................................................................................................................................................................................... 593.52 24.85 Investments in Government securities ................................................................................................................................................................................... 10.16 10.02 603.70 34.88 6,224.92 6,977.23 Unquoted: Mandatorily measured at FVTOCI Investments in Commercial Papers ........................................................................................................................................................................................... 987.73 312.16 Investments in Certificate of Deposits ................................................................................................................................................................................... 709.08 2,004.43 1,696.81 2,316.59 Measured at amortised cost Investments in Corporate Fixed Deposits ............................................................................................................................................................................. 425.00 254.19 Investments in Treps ........................................................................................................................................................................................................................... 99.93 — 524.93 254.19 2,221.74 2,570.78 Total Current Investments 8,446.66 9,548.01 Other Disclosures (i) Aggregate amount of quoted investments (Gross)............................................................................................................................................ 6,224.92 6,977.23 Market Value of quoted investments........................................................................................................................................................................... 6,224.92 6,977.23 (ii) Aggregate amount of unquoted investments (Gross)....................................................................................................................................... 2,221.74 2,570.78
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