Mahindra & Mahindra Ltd. | Integrated Annual Report 2024-25

Integrated Annual Report 2024-25 302 8. Investments (contd.) A. Non-current investments (contd.) Particulars Face Value Per Unit (Rupees) 2025 2024 Number Rupees crores Number Rupees crores Total Non Current Investments (Gross) ................................................. 29,413.41 27,092.25 Less: Aggregate amount of impairment in value of investments... (7,034.81) (6,364.01) Total ........................................................................................................................... 22,378.60 20,728.24 Other Disclosures (i) Aggregate amount of quoted investments (Gross)..................... 6,107.63 6,104.34 Market Value of quoted investments................................................ 66,192.89 63,638.48 (ii) Aggregate amount of unquoted investments (Gross)............... 23,305.78 20,987.91 Notes: # The company became publicly listed on Stock Exchange during the current financial year. ** Compulsorily Convertible Preference Shares converted into equity shares during the year. *** Number of shares - 2025: 50,56,67,23,69,88,84,56,43,097 (2024: 1,40,03,99,90,72,74,24,43,097) NA face value not applicable * Denotes amount less than Rs. 50,000 B. Current investments Rupees crores Particulars 2025 2024 Quoted: Mandatorily measured at FVTPL Investments in Mutual Funds.......................................................................................................................................................................................................... 10,756.43 5,625.12 Investments in Market Linked Debentures............................................................................................................................................................................ — 28.34 10,756.43 5,653.46 Designated and measured at FVTOCI Investments in Equity Instruments............................................................................................................................................................................................. 0.01 0.02 Investments in Debentures and Bonds.................................................................................................................................................................................... 1,677.81 593.52 Investments in Government securities ................................................................................................................................................................................... 10.29 10.16 1,688.11 603.70 12,444.54 6,257.16 Unquoted: Mandatorily measured at FVTOCI Investments in Commercial Papers ........................................................................................................................................................................................... 97.68 987.73 Investments in Certificate of Deposits ................................................................................................................................................................................... 197.23 709.08 294.91 1,696.81 Measured at amortised cost Investments in Corporate Fixed Deposits ............................................................................................................................................................................. 350.00 425.00 Investments in Treps ........................................................................................................................................................................................................................... — 99.93 350.00 524.93 644.91 2,221.74 Total Current Investments 13,089.45 8,478.90 Other Disclosures (i) Aggregate amount of quoted investments (Gross)............................................................................................................................................ 12,444.54 6,257.16 Market Value of quoted investments........................................................................................................................................................................... 12,444.54 6,257.16 (ii) Aggregate amount of unquoted investments (Gross)....................................................................................................................................... 644.91 2,221.74

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