9. Investment in associate and joint venture As at 31 March 2023 31 March 2022 Unquoted Investment in an associate * 650,000 (31 March 2022: 650,000) equity shares of `10 each fully paid held in SKIL Raigam Power (India) Limited 6.50 6.50 Less: Share of accumulated and impairment losses (6.50) (6.50) - - * SKIL Raigam Power (India) Limited has been declared as Dormant Company as per Section 455(2) of the Companies Act, 2013 Investment in a joint venture 5,489,727 (31 March 2022: 4,939,727) equity shares of ` 10 each fully paid held in Heritage Novandie Foods Private Limited 325.35 269.85 Less: Share of accumulated losses (181.21) (95.98) 144.14 173.87 144.14 173.87 Aggregate amount of unquoted investments 144.14 173.87 Aggregate amount of impairment in value of investments 6.27 6.27 10. Investments As at 31 March 2023 31 March 2022 Non current Investments at fair value through other comprehensive income (“FVTOCI”) Investments in equity instruments 117 (31 March 2022: 117) quoted equity shares of `10 each fully paid held in Union Bank of India Limited 0.01 - 1,740 (31 March 2022: 1,740) quoted equity shares of `2 each fully paid held in Bank of Baroda 0.29 0.20 200,000 (31 March 2022: 200,000) unquoted equity shares of `10 each fully paid held in Heritage Finlease Limited 2.60 2.60 2.90 2.80 Investments at amortized cost Investments in government securities 0.12 0.13 0.12 0.13 3.02 2.93 Aggregate market value of quoted investments 0.30 0.20 Aggregate value of unquoted investments 2.72 2.73 Aggregate amount of impairment in value of investments - - Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated) 275 Consolidated | Financial Statements
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