From India Ratings and Research
Mahindra & Mahindra has received affirmation in credit ratings from India Ratings and Research as under:
Non convertible debentures (Rs 1475 crore) - IND AAA/ Stable
Non fund based limits (Rs 352.5 crore) - IND AAA/ Stable/ IND A1+
Fund based limits (Rs 865 crore) - IND A1+
Fund based/ non fund based limits (Rs 1050 crore)- IND AAA/ Stable/ IND A1+
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