STANDALONE ACCOUNTS 359 Name of the Company Relationship as per Companies Act, 2013 Registered address Identification number (CIN/ Others) Sustainable Energy Infra Investment Managers Private Limited Associates Mahindra Towers, Dr. G. M. Bhosale Marg, P. K Kurne Chowk, Worli, Mumbai, India - 400018 U66190MH2023FTC401685 Classic Legends Private Limited Subsidiary Mahindra Towers, Dr. G. M. Bhosale Marg, P. K Kurne Chowk, Worli, Mumbai, India - 400018 U34101MH2015PTC265665 BSA Company Limited Subsidiary Athenia House, 10-14 Andover Road, Winchester Hampshire, United Kingdom, SO23 7BS 01531594 Mahindra Agri Solutions Limited Subsidiary Mahindra Towers, Dr. G. M. Bhosale Marg, P. K Kurne Chowk, Worli, Mumbai, India - 400018 U01400MH2000PLC125781 Mahindra Summit Agriscience Limited Subsidiary Mahindra Towers, Dr. G. M. Bhosale Marg, P. K Kurne Chowk, Worli, Mumbai, India - 400018 U01400MH2018PLC315558 45. Segment information Operating Segments The Company is both an operating company, primarily having operations in the Automotive and Farm Equipment segments and a holding company with a portfolio of investments in subsidiaries, associates and joint ventures. As part of the group strategy and vision, the Company is focused on operational efficiencies and synergies and driving value creation through partnerships, mergers and acquisitions in order to generate periodic returns from these portfolio of investments / businesses. The CODM (Chief Operating Decision Maker) of the Company therefore manages investments / businesses, allocates capital and measures performance under three key verticals, namely Automotive, Farm Equipment and Services. The Company from current financial year has updated its segment disclosures and in its standalone results has reported five segments, namely Automotive, Farm Equipment, Auto Investments, Farm Investments and Investments in Industrial Businesses and Consumer Services. The segment related disclosures for comparative periods have been reclassified to conform with the presentation and reporting in the current period. Further, in accordance with the above change, the Company has reported the dividend, interest and other investment related income pertaining to the aforesaid investment segments as ‘Income from Investments related to subsidiaries, associates and joint ventures’ as applicable. Similarly, loss pertaining to the aforesaid investment segments is reported as ‘Loss from Investments related to subsidiaries, associates and joint ventures’. Such incomes (net) which were reported as ‘Other income’ in comparative periods have been reclassified to conform to current period presentation. Description of each of the reportable segments for all periods presented, is as under: a) Automotive: This segment comprises of sale of automobiles, two wheelers, spares, construction equipments and related services; b) Farm Equipment: This segment comprises of sale of tractors, implements, spares, powerol and related services; c) Auto Investment: This segment comprises of investments in automotive related subsidiaries, associates and joint ventures; d) Farm Investments: This segment comprises of investments in farm equipment related subsidiaries, associates and joint ventures; e) Industrial Businesses and Consumer Services’ segment: This segment comprises of investments in other than automotive & farm related subsidiaries, associates and joint ventures; The measurement of each segment’s revenues, expenses, assets and liabilities is consistent with the accounting policies that are used in preparation of the financial statements. Segment result represents the profit before interest and tax without allocation of corporate income and expenses. 44. Details of Investments made / Inter Corporate Deposits / Loans given to intermediaries: (contd.) C. Details of each Intermediary / Ultimate beneficiary: (cont.)
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