STANDALONE ACCOUNTS 357 43. Disclosure required under Section 186(4) of the Companies Act,2013 for Loans and Guarantees (net of provision): a) Inter Corporate deposits and Loans Rupees crores S. No. Name Relationship as per Companies Act, 2013 2024 2023 1 Mahindra Overseas Investment Company (Mauritius) Limited Subsidiary of the Company 2,000.88 1,583.47 2 Mahindra Agri Solutions Limited Subsidiary of the Company 48.00 34.00 3 Mahindra Susten Private Limited Subsidiary of the Company — 575.00 4 Classic Legends Private Limited Subsidiary of the Company 189.80 150.00 5 Mahindra Defence Systems Limited Subsidiary of the Company 80.00 — 6 Mahindra Aerostructures Private Limited Subsidiary of the Company 101.00 — 7 Mahindra Steel Service Centre Limited Subsidiary of the Company 15.00 — 8 NBS International Limited Subsidiary of the Company 30.00 — 2,464.68 2,342.47 b) Guarantees S. No. Name Relationship as per Companies Act, 2013 2024 2023 Outstanding Recognized in Balance Sheet Outstanding Recognized in Balance Sheet 1 Mahindra Racing UK Limited Subsidiary of the Company 21.05 — 20.38 — 2 Mahindra USA Inc. Subsidiary of the Company 125.06 — 123.29 — 3 Mahindra Aerostructures Private Limited Subsidiary of the Company 125.06 — — — 4 PF Holding B.V. Associate of the Company 557.34 11.22 553.66 15.86 Notes: (a) Inter corporate deposits given and repaid during the year amounting to Rs. 110.00 crores to Mahindra Susten Private Limited, Rs. 0.81 crores to Blue Planet Integrated Waste Solutions Limited. (b) Above inter corporate deposits and loans have been given for general business purposes (including investment purposes) and guarantees have been given against their borrowing obligation which have been taken for general corporate purpose. (c) Refer note 8 for investments.
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