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Mahindra Logistics Limited - Credit Rating

6 Oct 2022 , 12:00 AM

Mahindra Logistics Limited has informed the Exchange about Affirmation of Credit Rating. Pursuant to Regulation 30(6) read with Schedule III and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that ICRA Limited has retained the credit ratings assigned to the Long-Term/Short-Term, Fund-based/Non-fund Based credit facilities of Rs. 335 crores of the Company. The Outlook on the long-term rating continues to be Stable.Detailed disclosure is attached.

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