Corporate Actions

Back

Mahindra & Mahindra's ratings reaffirmed by Crisil, including Rs. 1087.5 crore Bank Loan Facilities

18-Sep-26 22:08 Hrs IST

Mahindra & Mahindra Ltd announced that Crisil Ratings Limited has reaffirmed its ratings for various instruments, including Bank Loan Facilities amounting to Rs. 1087.5 Crore with a Crisil A1+ rating (Short Term Rating), Non Convertible Debentures totaling Rs. 475 Crore with a Crisil AAA/Stable rating, Non Convertible Debentures amounting to Rs. 500 Crore with a Crisil AAA/Stable rating, and Commercial Paper up to Rs. 500 Crore with a Crisil A1+ rating; additionally, CRISIL Ratings Limited has provided details regarding a Non-Convertible Debenture (NCD) with an unspecified amount and rating, and has reaffirmed a Non-Convertible Debenture (NCD) for Rs. 500 Crore with a Stable outlook (INE101A0 8070), and verified a Non-Convertible Debenture (NCD) for Rs. 475 Crore with a AAA/Stable rating on September 18, 2026, with no enhancements, assignments, or withdrawals noted.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.