Announced Thu, 2 Jul · 17:41 IST
CARE reaffirms AAA Stable rating on M&M Financial debt
Credit & Debt View source PDF
M&MFIN · price
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Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹318.00
prior close
₹325.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-0.2-0.0+0.4+3.9+4.7+4.8+6.0+7.2+2.2+12.4———
Up moveDown movePending
AI summary
CARE Ratings reaffirmed AAA with Stable outlook on Mahindra & Mahindra Financial Services' debt instruments on 01 July 2026: secured NCDs Rs 11,686.50 cr, unsecured NCDs Rs 1,000 cr, long-term debt Rs 4,059.03 cr, and subordinate debt Rs 2,385 cr. Rated amounts on some instruments reduced due to debenture redemption. Rs 933 cr subordinate debt public issue rating withdrawn after redemption.
Likely market impact
AAA Stable reaffirmation signals strong credit quality; partial debt redemption shows healthy liability management.