Sub: CRISIL Limited reaffirms its 'CRISIL AAA / Stable / CRISIL A1+ ' ratings on the bank facilities and debt instruments of Mahindra and Mahindra Limited as under:\r\n\r\nTotal Bank Loan Facilities Rated Rs. 1350 Crore\r\nLong Term Rating CRISIL AAA/Stable (Reaffirmed)\r\nShort Term Rating CRISIL A1+ (Reaffirmed)\r\n\r\nRs. 475 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed)\r\nRs. 500 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed)\r\nRs. 500 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed)\r\nRs. 1000 Crore Commercial Paper CRISIL A1+ (Reaffirmed)\r\n \r\nPlease find enclosed a Press Release issued by CRISIL Limited in this regard. \r\n\r\nThis Press Release has been issued by CRISIL Limited today on 30th December, 2021. \r\n\r\nKindly take the above on record.\r\n