MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2023-24

MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 454 45. Related party disclosures (Continued) 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 4. Deputation of personnel: From parties............................................. 2024 — 0.86 — — — — 2023 — 0.79 — — — — To parties.................................................... 2024 — 0.51 — — — — 2023 3.67 1.26 — — — — 5. Managerial remuneration................ 2024 — — 32.98 — — — 2023 — — 27.21 — — — 6. Stock options.................................................. 2024 — — 15.49 — — — 2023 — — 6.98 — — — 7. Commission and other benefits to non-executive/independent directors (including nominee directors) **........................................................ 2024 — — 4.42 — — — 2023 — — 3.89 — — — 8. Others (sitting fees) #....................... 2024 — — 0.15 — — — 2023 — — 0.14 — — — 9. Finance: Inter corporate deposits/loan given............................................................... 2024 0.01 261.07 — — — — 2023 — 580.00 — — — — Inter corporate deposits/loan refunded by parties............................. 2024 0.81 776.55 0.38 — — 3.00 2023 — 170.72 0.61 — — 5.00 Inter corporate deposits/loan taken.............................................................. 2024 0.65 1.37 — 0.20 — — 2023 50.86 0.77 — 2.14 — — Inter corporate deposits/loan refunded to parties............................. 2024 200.00 23.92 — 0.20 — — 2023 51.55 0.62 — 2.19 — — Debenture redeemed by related parties........................................................... 2024 — 15.56 — — — — 2023 — — — — — — Debenture redeemed to related parties........................................................... 2024 — 13.95 — — — — 2023 — — — — — —

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