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Credit Ratings

Credit rating of Long-term and Short-term debt instruments/bank loan facilities of the Company:

Nature of Instrument/Bank facilities Rating agency Rating assigned with outlook
Non-Convertible Debentures CRISIL
ICRA
India Ratings & Research
CRISIL AAA/Stable
[ICRA] AAA (Stable)
IND AAA/Stable
Commercial Paper CRISIL CRISIL A1+
Bank Facilities – Long Term CARE
CRISIL
ICRA
India Ratings & Research
CARE AAA/Stable
CRISIL AAA/Stable
[ICRA] AAA (Stable)
IND AAA/Stable
Bank Facilities – Short Term CARE
CRISIL
ICRA
India Ratings & Research
CARE A1+
CRISIL A1+
[ICRA] A1+
IND A1+

M&M DirectorsOther Listed Companies