Mahindra Financial Services' Non-Convertible Debt Reaffirmed by Brickwork Ratings
Mahindra & Mahindra Financial Services Ltd has seen its credit rating for specific debt instruments reaffirmed by Brickwork Ratings India Private Limited (BWR). The ratings were published on June 10, 2026.The reaffirmation covers the company's Non-Convertible Debentures (Subordinated Debt), reflecting sustained credit quality in the market.
Details regarding the rating for the debt instruments are provided below:
| Instrument | Rated Amount (Rs. in Crore) | Rating Status |
|---|---|---|
| Non-Convertible Debentures (Subordinated Debt) | 2,125.68 | BWRAAA/Stable (Reaffirmed) |
The rating rationale and other specific details related to the instruments are available through BWR's official documentation. The reaffirmation confirms the market standing of Mahindra & Mahindra Financial Services Ltd in the context of its subordinate debt offerings.
Stock Price Movement
As of 13:58, shares of Mahindra & Mahindra Financial Services Ltd are ticking down to ₹275.20, reflecting a -0.58% decline.During the trading session, the stock moved within its intraday range, touching a low of ₹274.00 but managing to reach an intraday high of ₹280.15.
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