CRISIL revises rating outlook of Mahindra & Mahindra NCDs

CRISIL has revised its rating outlook on the non-convertible debentures of Mahindra & Mahindra Ltd to 'Negative' from 'Stable'.

Non-Convertible Debentures Aggregating Rs 1305 million*: AA+/negative (Outlook revised from Stable)

* The Non Convertible Debentures currently outstanding aggregate Rs 55 million.

Source : Equity Bulls

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