Mahindra Lifespace secures affirmative credit ratings for financial instruments

Mahindra Lifespace Developers Limited (MLDL) today announced the latest credit ratings for its financial instruments, as communicated by India Ratings and Research Pvt. Ltd. The company's bank loan facilities, reduced from INR7,500m to INR2,250m, received an "IND AA/Stable/IND A1+" rating, which was affirmed. Additionally, a 90-day commercial paper amounting to INR2,500m was also affirmed with an "IND A1+" rating.

In addition to the affirmed ratings, MLDL also secured an "IND A1+" rating for a proposed commercial paper of INR1,000m, which was assigned. These ratings were officially communicated to the company on November 10, 2025, and are in compliance with Regulation 30(6) of the SEBI Listing Regulations.

The information regarding these credit ratings has also been uploaded to the company's investor relations website. The notification was signed by Bijal Parmar, company secretary & compliance officer of Mahindra Lifespace Developers Limited.