Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3131.05
47.55 (1.54%)
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ICRA reaffirms ratings assigned to bank facilities of M&M

Date: 13-04-2016

Credit rating agency, ICRA has reaffirmed the ‘AAA/stable’ and ‘A1+’ ratings assigned for Non-Convertible Debenture (NCD) programme and bank facilities of Mahindra & Mahindra (M&M).

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.