Mahindra & Mahindra Financial Services Limited has informed the Exchange about Reaffirmation of Credit Ratings.
M&MFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CRISIL Ratings has reaffirmed Mahindra & Mahindra Financial Services Limited's credit ratings at the highest investment grade level across all debt instruments. This includes CRISIL AAA/Stable outlook for Non-Convertible Debentures (Rs. 32,875 crore), Subordinated Debt (Rs. 5,113.50 crore), Bank Loan Facilities (Rs. 13,317 crore), and Fixed Deposits (Rs. 18,000 crore). The Commercial Paper programme of Rs. 17,000 crore and short-term bank loans received CRISIL A1+, the highest short-term rating. The total rated amount across instruments exceeds Rs. 86,000 crore. A Stable outlook indicates CRISIL expects no change in the near term.
Reaffirmation of top-tier AAA and A1+ ratings signals strong financial health, low default risk, and continued easy access to debt markets at competitive rates. This is a neutral-to-positive signal for shareholders and depositors, reflecting confidence in the company's credit profile.