MAHINDRA & MAHINDRA LTD. - 500520 - Announcement under Regulation 30 (LODR)-Credit Rating
Sub: CRISIL Ratings Limited reaffirms its ratings on the bank facilities and debt instruments of the Company CRISIL Ratings Limited reaffirms its ''CRISIL AAA/Stable/CRISIL A1+'' ratings on the bank facilities and debt instruments of the Company as under:- Total Bank Loan Facilities Rated Rs. 1350 Crore Long Term Rating CRISIL AAA/Stable (Reaffirmed) Short Term Rating CRISIL A1+ (Reaffirmed) Rs. 475 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed) Rs. 500 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed) Rs. 500 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed) Rs. 500 Crore (Reduced from Rs. 1000 Crore) Commercial Paper CRISIL A1+ (Reaffirmed) Please find enclosed a Press Release issued by CRISIL Ratings Limited in this regard on 12th January, 2023.12-01-2023