Exhibit 21

Subsidiaries of the Registrant as of March 31, 2024

The table below indicates each of the Registrant's subsidiaries, each subsidiary's jurisdiction of incorporation, and the percentage of its voting securities owned by the Registrant or its subsidiaries.
 
 
Subsidiaries
State or country
of incorporation
or organization
% of
voting
securities
 
 
Owned by
       
MDA US LLC
Delaware
100%
Registrant
Modine, Inc.
Delaware
100%
Registrant
Modine ECD, Inc.
Pennsylvania
100%
Registrant
Modine Jackson, Inc.
Delaware
100%
Registrant
Modine Thermal Systems Korea, LLC
Korea
100%
Registrant
Modine Manufacturing Company
  Foundation, Inc.
Wisconsin
100%
Registrant
Modine Thermal Systems (Changzhou) Company Ltd.
China
100%
Registrant
Modine Thermal Systems (Shanghai) Company Ltd.
China
100%
Registrant
Modine Manufacturing (Canada) Ltd.
Canada
100%
Registrant
Scott Springfield Mfg. Inc.
Canada
100%
Modine Manufacturing (Canada) Ltd.
Modine Thermal Systems Private Limited
India
99%
Registrant (1)
Luvata India Private Ltd.
India
100%
Modine Thermal Systems Private Limited
Modine UK Dollar Limited
UK
100%
Registrant
Airedale International Air Conditioning Limited
UK
100%
Modine UK Dollar Limited
Modine LLC
Delaware
100%
Modine, Inc.
Modine do Brasil Sistemas Termicos Ltda.
Brazil
100%
Modine, Inc.
Modine Transferencia de Calor, S.A. de C.V.
Mexico
99.6%
Modine, Inc. (2)
Modine CIS Holding Inc.
Delaware
100%
Registrant
Modine Astro LLC
Delaware
100%
Modine CIS Holding Inc.
Modine Grenada LLC
Delaware
100%
Modine CIS Holding Inc.
Modine Louisville Inc.
Kentucky
100%
Modine CIS Holding Inc.
Modine Jacksonville Inc.
Kentucky
100%
Modine Louisville Inc.
Modine Juarez, S. de R.L. de C.V.
Mexico
99.97%
Modine Grenada LLC (3)
Modine Ramos, S. de R.L. de C.V.
Mexico
99.97%
Modine Jacksonville Inc. (4)
Modine Acquisition, Inc.
Wisconsin
100%
Registrant
Modine Enterprises Inc.
Delaware
99.999%
Modine Acquisition, Inc. (2)
Modine Accord Inc.
Delaware
90%
Modine Enterprises Inc. (2)
Modine Europe GmbH
Germany
100%
Modine Accord Inc.
Modine Thermal Systems Europe GmbH
Germany
100%
Modine Accord Inc.
Modine Grundstucksverwaltungs GmbH
Germany
100%
Modine Europe GmbH
MDA Hungary Automotive Limited Liability
  Company
Hungary
100%
Modine Europe GmbH
Modine Pontevico S.r.l.
Italy
100%
MDA Hungary Automotive Limited Liability
  Company
Modine Uden B.V.
Netherlands
100%
MDA Hungary Automotive Limited Liability
  Company
Modine Hungaria Gep. Kft.
Hungary
100%
Modine Thermal Systems Europe GmbH
Modine Thermal Systems Italy S.r.l.
Italy
100%
Modine Hungaria Gep. Kft.
Modine CIS Italy Srl
Italy
100%
Modine Thermal Systems Italy S.r.l.
Modine CIS Guadalajara SAU
Spain
100%
Modine CIS Italy Srl
Modine Söderköping AB
Sweden
100%
Modine CIS Italy Srl
Modine Far East Srl
Italy
100%
Modine CIS Italy Srl
Modine Thermal Systems (Wuxi) Co., Ltd.
China
100%
Modine Far East Srl
Modine SRB d.o.o. Sremska
Serbia
100%
Modine Hungaria Gep. Kft.

(1) Balance of voting securities held by Modine, Inc.
(2) Balance of voting securities held by the Registrant
(3) Balance of voting securities held by Modine CIS Holding Inc.
(4) Balance of voting securities held by Modine Louisville Inc.