Mahindra Lifespaces secures favourable credit rating for commercial paper

Mahindra Lifespace Developers Limited (MLDL) has received a credit rating of IND A1+ from India Ratings and Research Pvt. Ltd. for its proposed commercial paper. This rating applies to a rated amount of INR 2,500 million. The company officially communicated this information on September 8, 2025.

The intimation was made in compliance with Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure highlights the company's financial stability and adherence to regulatory transparency standards.

Avinash Bapat, chief financial officer of Mahindra Lifespace Developers Limited, signed the announcement, which was also uploaded to the company’s investor relations website for public access. The positive credit rating is a key indicator for potential investors in the commercial paper.