Mahindra Lifespace Developers Limited has received a credit rating of IND A1+ from India Ratings and Research Pvt. Ltd. for its commercial paper. This rating applies to both outstanding and proposed commercial paper, with sizes of INR 2,500 million and INR 1,000 million respectively. The communication regarding the rating was received by the company on January 29, 2026.
Credit Rating Update
Mahindra Lifespace Developers Limited announced that it has received a credit rating from India Ratings and Research Pvt. Ltd. The agency has assigned a rating of IND A1+ to the company’s commercial paper.
Details of Rated Instruments
The credit rating applies to the following instruments:
Commercial Paper: An IND A1+ rating has been assigned to the existing commercial paper with a size of INR 2,500 million and a maturity of 90 days.
Proposed Commercial Paper: Also, an IND A1+ rating to the proposed commercial paper with a size of INR 1,000 million.
Source: BSE
