CONSOLIDATED ACCOUNTS 453 (vi) Welfare Funds/Post-employment benefit plans: S. No. Name of the Funds S. No. Name of the Funds 1 M&M Employees' Welfare Fund No. 1 5 Mahindra & Mahindra Limited Gratuity Scheme 2 M&M Employees' Welfare Fund No. 2 6 Mahindra & Mahindra Limited Staff Provident Fund 3 M&M Employees' Welfare Fund No. 3 7 Mahindra & Mahindra Limited Superannuation Scheme 4 Mahindra World School Education Trust 8 Mahindra & Mahindra Limited Staff & Workmen's Superannuation Scheme (b) The related party transactions are as under: Rupees crores S. No. Nature of Transactions For the Year Ended 31st March Associates/ Associates of Subsidiaries/ Subsidiaries of Associate Joint Ventures/ Joint Ventures of Subsidiaries KMP Close members of KMP and Entities controlled/ jointly controlled by KMP Entity belonging to Promoter/ Promoter Group holding 10% or more in the Company Welfare Funds/Postemployment benefit plans 1. Purchases: Goods............................................................ 2024 2,611.32 3.44 — — — — 2023 3,295.42 222.16 — — — — Services....................................................... 2024 111.85 22.71 — — — — 2023 140.87 29.76 — — — — Property, plant & equipment and Intangible assets......................... 2024 14.80 9.40 — — — — 2023 40.01 0.04 — — — — 2. Sales: Goods............................................................ 2024 248.55 806.10 — — — — 2023 303.54 978.16 — — — — Services....................................................... 2024 68.83 79.10 — — — — 2023 74.42 80.98 0.14 — — — Property, plant and equipment... 2024 — — — — — — 2023 — * — — — — 3. Investments: Purchased/subscribed/ conversion/ bonus................................ 2024 4.37 256.04 — — 0.03 — 2023 12.00 72.47 0.06 — — — Proceeds from liquidation / sale of shares..................................................... 2024 28.85 — — — — — 2023 234.91 — — — — — Proceeds from capital reduction/buyback of shares........ 2024 — 27.35 — — — — 2023 — 70.93 — — — — 45. Related party disclosures (Continued)
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