Mahindra & Mahindra receives reaffirmation in credit ratings from CRISIL

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

Total Bank Loan Facilities Rated - 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 (Assigned)
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)

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