Integrated Annual Report 2024-25 332 S. No. Name of the entity 114 Covington S.a.r.l. 115 Ryono Factory Co., Ltd. 116 Mumbai Mantra Media Limited 117 Guestline Hospitality Management and Developement Service Limited 118 Mahindra Sustainable Energy Private Limited 119 Mahindra Armored Vehicles Jordan, LLC 120 Automobili Pininfarina Americas Inc. 40. Related Party Disclosures: (contd.) (a) Related parties where control exists: (contd.) Subsidiaries: (contd.) S. No. Name of the entity 121 Holiday Club Canarias Sales & Marketing S.L. 122 Mitsubishi Mahindra Agricultural Machinery Co., Ltd. 123 Mahindra Aerospace Australia Pty Ltd (upto 9th July, 2024) 124 Holiday Club Resorts Rus LLC (upto 10th October, 2024) 125 Fifth Gear Ventures Limited (merged with Mahindra First Choice Wheels Limited) 126 Mahindra North American Technical Center, Inc. 127 Mahindra South East Asia Limited (w.e.f. 8th October, 2024) (b) Other parties with whom transactions have taken place during the year: (i) Associates: S. No. Name of the entity S. No. Name of the entity 1 Sustainable Energy Infra Investment Managers Private Limited 35 Tech Mahindra Vietnam Company Limited 2 Pininfarina S.P.A. 36 Tech Mahindra Bolivia S.R.L. 3 CIE Automotive India Limited 37 Tech Mahindra Ecuador S.A 4 Tech Mahindra (Shanghai) Co. Limited 38 Tech Mahindra IT Services Nl B.V. 5 Satyam Venture Engineering Services Private Limited 39 Tech Mahindra Panama, S.A. 6 Golde Wuhan Co., Limited 40 Mahindra Knowledge Park (Mohali) Limited 7 Renew Sunlight Energy Private Limited 41 Tech-Mahindra S.A 8 Aurangabad Electricals Limited 42 Tech Mahindra Sweden Ab 9 Golde Pune Automotive India Private Limited 43 Tech Mahindra Egypt Technologies Tech 10 Tech Mahindra Limited 44 Tech Mahindra Global Chess Leauge Ag 11 Mahindra Educational Institutions 45 Tech Mahindra Spain S.L. 12 Blue Planet Integrated Waste Solutions Limited 46 Tech Mahindra France 13 PSL Media & Communications Limited 47 Tech Mahindra Defence Technologies Limited 14 Tech Mahindra Chile Spa 48 Tech Mahindra Holdco Pty Limited 15 Tech Mahindra Network Services International Inc. 49 Tech Mahindra South Africa (Pty) Limited 16 CIE Hosur Limited 50 Tech Mahindra Servicos De Informatica S.A 17 Mahindra Finance USA LLC 51 Tech Mahindra Servicos Ltda 18 Tech Mahindra (Americas) Inc. 52 Tech Mahindra De Mexico S.De R.L.De C.V 19 Tech Mahindra Consulting Group Inc. 53 Tech Mahindra LLC 20 Tech Mahindra Arabia Limited 54 Tech Mahindra London Limited 21 Tech Mahindra Credit Solutions Inc. 55 Tech Mahindra (Switzerland) SA 22 Tech Mahindra Digital Pty Ltd 56 Tech Mahindra Limited SPC 23 Tech Mahindra Technology Services LLC 57 Tech Mahindra Communications Japan Co., Limited 24 Tech Mahindra (Thailand) Limited 58 Tech Mahindra Cerium Private Limited 25 Pt Tech Mahindra Indonesia 59 Tech Mahindra Cerium Systems Inc 26 Tech Mahindra Ict Services (Malaysia) Sdn. Bhd 60 Tech Mahindra Cerium Systems Sdn. Bhd. 27 Tech Mahindra (Beijing) IT Services Limited 61 Tech Mahindra Gmbh 28 Tech Mahindra Mexico Cloud Services, S.De R.L. De C.V 62 Tech Mahindra Norway AS 29 Tech Mahindra (Nigeria) Limited 63 Tech Mahindra Luxembourg S.A R.L. 30 Tech Mahindra Bahrain Ltd W.L.L 64 Tech Mahindra (Singapore) Pte Limited 31 Tech Mahindra (Nanjing) Co. Limited 65 Tech Mahindra Costa Rica Sociedad Anonima 32 Tech Mahindra Technologies Inc. 66 Tech Mahindra Colombia S.A.S 33 Tech Mahindra De Peru S.A.C. 67 Tech Mahindra Fintech Holdings Limited 34 Tech Mahindra Guatemala S.A 68 Tech Mahindra Foundation (ii) Joint Ventures: S. No. Name of the entity S. No. Name of the entity 1 Mahindra World City (Jaipur) Limited 8 Mahindra Teqo Private Limited 2 Classic Legends Private Limited 9 Mahindra Industrial Park Private Limited 3 Mahindra Susten Private Limited 10 Mahindra Happinest Developers Limited 4 Mahindra Summit Agriscience Limited 11 Mahindra Manulife Investment Management Private Limited 5 Mahindra Ideal Lanka (Private) Limited 12 Mahindra Industrial Park Chennai Limited 6 Mahindra World City Developers Limited 13 Mahindra Homes Private Limited 7 Carnot Technologies Private Limited 14 Mahindra-BT Investment Company (Mauritius) Limited
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