MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 410 (a) Reconciliation of number of ordinary (equity) shares and amount outstanding: Particulars 2024 2023 No. of Shares Rupees Crores No. of Shares Rupees Crores Issued, subscribed and paid-up At the beginning of the year............................................................................................ 1,24,35,28,831 621.77 1,24,31,92,544 621.60 Add: Shares issued under scheme of arrangement.......................................................... — — 336,287 0.17 1,24,35,28,831 621.77 1,24,35,28,831 621.77 Less: Shares issued to M&M ESOP Trust but not allotted to Employees............ 4,42,82,631 22.15 4,54,10,607 22.71 Shares issued to M&M Benefit Trust............................................................................... 8,44,70,428 42.24 8,44,70,428 42.24 Adjusted issued, subscribed and paid-up share capital............................ 1,11,47,75,772 557.38 1,11,36,47,796 556.82 (b) The Ordinary (Equity) Shares of the Company rank pari-passu in all respects including voting rights and entitlement to dividend. (c) Details of Ordinary (Equity) Shares held by shareholders holding more than 5% of the aggregate Issued, Subscribed and Paid-up shares of the Company: Name of the Shareholder 2024 2023 No. of Shares % Shareholding No. of Shares % Shareholding Prudential Management & Services Private Limited..................................................... 13,22,21,940 10.63 14,15,21,940 11.38 M&M Benefit Trust................................................................................................................................. 8,44,70,428 6.79 8,44,70,428 6.79 Life Insurance Corporation of India............................................................................................ 8,07,98,548 6.50 6,21,30,470 5.00 18. Equity share capital (Continued)
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