Mahindra & Mahindra secures investment grade rating from S&P's

Assigned BBB- long term corporate credit rating with Stable outlook

Mahindra & Mahindra (M&M) has been assigned a BBB- long term corporate credit rating with stable outlook by Standard & Poor's Rating Services (S&P).

M&M has been assigned Baa3 ratings by Moody's recently. With S&P's and Moody's ratings, M&M will now enjoy dual investment grade ratings which is equivalent to India's investment grade sovereign ratings from both the above agencies.

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