MAHINDRA & MAHINDRA LIMITED 31 This long-standing and mutually beneficial partnership have enabled the financing of key agriculture-focused projects and equipment, the expansion into new areas of financial services, and the creation of a sustained positive impact on the broader community. Together, the partners contribute significant expertise, value, and high standards of customer service, with a strong and continued emphasis on innovative product offerings and advanced technology. The collaboration is expected to further strengthen MFUSA’s position in attractive and growing markets. These transactions not only facilitate a consistent flow of credit to dealers and end customers but also ensure an uninterrupted and reliable flow of funding support to MUSA. The rates offered by MFUSA to MUSA is competitive with market benchmarking. 7. Details of the promoter(s)/ director(s)/ key managerial personnel of the listed entity who have interest in the transaction, whether directly or indirectly. None of the promoter(s)/ director(s)/ key managerial personnel of the Company have interest directly or indirectly in the proposed transactions. 8. A copy of the valuation or other external party report, if any, shall be placed before the Audit Committee The RPTs will be in line with the Company’s Policy on Materiality of and Dealing with Related Party Transactions. These transactions will be on an arm’s length basis and in the ordinary course of business. The RPTs will be supported by the Valuation Report of an Independent valuer, wherever necessary. 9. Other information relevant for decision making All relevant information has been appropriately disclosed herein for informed decision making. Part B: Information to be provided only if a specific type of RPT as mentioned in the Industry Standards is proposed to be undertaken and is in addition to Part A. B(1): Disclosure only in case of transactions relating to sale, purchase or supply of goods or services or any other similar business transaction and trade advances 1. Bidding or other process, if any, applied for choosing a party for sale, purchase or supply of goods or services No bidding or any other process has been applied for choosing MFUSA as a counter party for availing the financial services by MUSA. Transactions within the Group enable the organization to leverage greater economies of scale by consolidating demand and optimizing resource utilization. Overall, such intra-group arrangements enhance operational efficiency, improve coordination, and ensure smoother and more timely execution of business activities. 2. Basis of determination of Price The proposed RPTs will be done at Comparable Uncontrolled Price Method i.e SOFR plus margin for the transactions done which is in line with the general industry practice. Further, the proposed RPTs will be done on arms’ length basis which are established taking into account various factors including comparable with unrelated parties or on cost plus reasonable margin basis or market price basis, where available, or certified by any independent agency. Compliance with arm’s length principles is ensured based on the applicable transfer pricing regulations. 3. In case of Trade advance (of up to 365 days or such period for which such advances are extended as per normal trade practice), if any, proposed to be extended to the related party in relation to the transaction, specify the following: a. Amount of trade advance: b. Tenure: c. Whether same is self-liquidating? Not Applicable.
RkJQdWJsaXNoZXIy NTE5NzY=