MAHINDRA & MAHINDRA LTD. Business Responsibility and Sustainability Report 217 IV. EMPLOYEES [GRI 2-7, 2-8, 405-1, 401-1] 20. Details as at the end of Financial Year: a. Employees and workers (including differently abled): S. No. Particulars Total (A) Male Female No. (B) % (B/A) No. (C) % (C/A) EMPLOYEES 1. Permanent (D) 14,755 13,181 89.33 1,574 10.67 2. Other than Permanent (E) 464 291 62.72 173 37.28 3. Total employees (D + E) 15,219 13,472 88.52 1,747 11.48 WORKERS 4. Permanent (F) 10,467 10,409 99.45 58 0.55 5. Other than Permanent (G) 53,070 46,506 87.63 6,564 12.37 6. Total workers (F + G) 63,537 56,915 89.58 6,622 10.42 b. Differently abled Employees and workers: S. No. Particulars Total (A)* Male Female No. (B) % (B/A) No. (C) % (C/A) DIFFERENTLY ABLED EMPLOYEES 1. Permanent (D) 5 5 100.00 0 0.00 2. Other than Permanent (E) 0 0 0.00 0 0.00 3. Total differently abled employees (D + E) 5 5 100.00 0 0.00 DIFFERENTLY ABLED WORKERS 4. Permanent (F) 5 5 100.00 0 0.00 5. Other than Permanent (G) 25 21 84.00 4 16.00 6. Total differently abled workers (F + G) 30 26 86.67 4 13.33 * Numbers mentioned above are based on voluntary disclosure from employees & workers 21. Participation/Inclusion/Representation of women Total (A) No. and percentage of Females No. (B) % (B/A) Board of Directors 10 3 30.00% Key Management Personnel 4* 0 0.00% * Includes Group CEO & Managing Director and Executive Director & CEO (Auto and Farm Sector) as per the definition of Key Management Personnel (KMP), also covered in the number of directors on the Board. Note: Mr. Narayan Shankar Company Secretary of the Company retired with effect from close of 1st April, 2025, pursuant to him reaching the age of superannuation and consequently he ceased to be the Compliance Officer of the Company under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and also the Key Managerial Personnel and Senior Management Personnel of the Company. With effect from 2nd April 2025, Ms. Divya Mascarenhas has been appointed as Company Secretary of the Company and Compliance Officer under Listing Regulations (in the Interim capacity) designated as “Interim Company Secretary” who would also be Key Managerial Personnel and part of Senior Management Personnel of the Company. 22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years) FY25 (Turnover rate in current FY) FY24 (Turnover rate in previous FY) FY23 (Turnover rate in the year prior to the previous FY) Male Female Total Male Female Total Male Female Total Permanent Employees 10.7% 12.0% 10.8% 13.7% 16.1% 13.8% 16.4% 24.9% 17.0% Permanent Workers* 4.1% 1.9% 4.1% 5.8% 7.6% 5.8% 5.0% 8.8% 5.0% * Includes workers opted for retirement under voluntary retirement scheme of the Company
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