Mahindra & Mahindra gets reaffirmation in credit ratings

From ICRA c

Mahindra & Mahindra has received reaffirmation in credit ratings from ICRA as under -

Non Convertible Debenture (Rs 500 crore) - ICRA AAA/ Stable
Long-term, Fund-based Facilities (Rs 65 crore) - ICRA AAA/ Stable;
Long-term, Non-fund Based (Rs 110 crore) - ICRA AAA/ Stable
Short-term, Non-fund Based (Rs 350 crore) - ICRA A1+

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