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Corporate Announcement
Security Code
500520
Company
Mahindra & Mahindra Ltd
Exchange Received Time
28/09/2020 22:10:11
Exchange Disseminated Time
28/09/2020 22:10:15
Time Taken
00:00:04
Announcement under Regulation 30 (LODR)-Credit Rating |
9/28/2020 10:10:13 PM
Sub: CRISIL has reaffirmed its ''CRISIL AAA/Stable/CRISIL A1+'' ratings on the bank loan facilities and debt instruments of Mahindra and Mahindra Limited (M&M)
Total Bank Loan Facilities Rated Rs. 1350 Crore (Enhanced from Rs. 1100 Crore)
Long Term Rating CRISIL AAA/Stable (Reaffirmed)
Short Term Rating CRISIL A1+ (Reaffirmed)
Rs. 500 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed)
Rs. 475 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed)
Rs. 500 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed)
Rs. 1000 Crore Commercial Paper CRISIL A1+ (Reaffirmed)
Please find enclosed a Press Release issued by CRISIL Limited in this regard.
This Press Release has been issued by CRISIL Limited today on 28th September, 2020.
Kindly take the above on record.
Attachment
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