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

MAHINDRA & MAHINDRA LIMITED 24 Furies Solren Private Limited (“FSPL”) Monetary values Rs. in crores a) Availing/rendering of services under EPC Contract; 1,000 b) P roviding fund based and non-fund based support including equity/ debt/ Inter-corporate deposits (ICD), convertible/ non-convertible instruments/ Guarantee/ security etc., in connection with loans provided and Interest, commission and other related income / expenses; and 1,418 c) E ntering into lease arrangements, shared services and other services including sharing or usage of each other’s resources like employees, infrastructure including IT assets, cloud, IOT and digital engineering, digital transformation, analytics, cyber security, manpower, management and management support services, owned / third party services and reimbursements and allied transactions. 32 Illuminate Hybren Private Limited (“IHPL”) Monetary values Rs. in crores a) Availing/rendering of services under EPC Contract; 2,250 b) P roviding fund based and non-fund based support including equity/ debt/ Inter-corporate deposits (ICD), convertible/ non-convertible instruments/ Guarantee/ security etc., in connection with loans provided and Interest, commission and other related income / expenses; and 1,479 c) E ntering into lease arrangements, shared services and other services including sharing or usage of each other’s resources like employees, infrastructure including IT assets, cloud, IOT and digital engineering, digital transformation, analytics, cyber security, manpower, management and management support services, owned / third party services and reimbursements and allied transactions. 21 Jade Hybren Private Limited (“JHPL”) Monetary values Rs. in crores a) Availing/rendering of services under EPC Contract; 2,250 b) P roviding fund based and non-fund based support including equity/ debt/ Inter-corporate deposits (ICD), convertible/ non-convertible instruments/ Guarantee/ security etc., in connection with loans provided and Interest, commission and other related income / expenses; and 1,479 c) E ntering into lease arrangements, shared services and other services including sharing or usage of each other’s resources like employees, infrastructure including IT assets, cloud, IOT and digital engineering, digital transformation, analytics, cyber security, manpower, management and management support services, owned / third party services and reimbursements and allied transactions. 21 Layer Hybren Private Limited (“LHPL”) Monetary values Rs. in crores a) Availing/rendering of services under EPC Contract; 1,800 b) P roviding fund based and non-fund based support including equity/ debt/ Inter-corporate deposits (ICD), convertible/ non-convertible instruments/ Guarantee/ security etc., in connection with loans provided and Interest, commission and other related income / expenses; and 1,229 c) E ntering into lease arrangements, shared services and other services including sharing or usage of each other’s resources like employees, infrastructure including IT assets, cloud, IOT and digital engineering, digital transformation, analytics, cyber security, manpower, management and management support services, owned / third party services and reimbursements and allied transactions. 21 Migos Hybren Private Limited (“MHPL”) Monetary values Rs. in crores a) Availing/rendering of services under EPC Contract; 850 b) P roviding fund based and non-fund based support including equity/ debt/ Inter-corporate deposits (ICD), convertible/ non-convertible instruments/ Guarantee/ security etc., in connection with loans provided and Interest, commission and other related income / expenses; and 1,129 c) E ntering into lease arrangements, shared services and other services including sharing or usage of each other’s resources like employees, infrastructure including IT assets, cloud, IOT and digital engineering, digital transformation, analytics, cyber security, manpower, management and management support services, owned / third party services and reimbursements and allied transactions. 21

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