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As on 04-Nov-2026  20:02

Mahindra & Mahindra secures reaffirmed credit ratings from CARE Ratings, highlighting financial strength

Mahindra & Mahindra Ltd. has announced reaffirmations of credit ratings from CARE Ratings Limited (operating as CareEdge Ratings), covering a range of bank facilities and instruments. CARE Ratings reaffirmed the ratings for Long-term / Short-term bank facilities at CARE AAA; Stable / CARE A1+, Long-term bank facilities at CARE AAA; Stable, and Short-term bank facilities at CARE A1+, along with reaffirmations for various fund-based and non-fund-based facilities, including amounts of 24.11, 10.00, 1460.25, 306.36, and 372.45, all carrying CARE A1+ or CARE AAA; Stable ratings, as well as reaffirmations for Long-term / Short-term bank facilities at CARE AAA; Stable / CARE A1+ and Long-term bank facilities at CARE AAA; Stable. The agency noted expectations for sustained growth momentum and a robust financial risk profile, maintaining a Stable outlook, while also indicating that no credit rating details were provided for an intimation received on November 4th, 2026.