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BSE: 500520NSE: M&MISIN: INE101A01026

18th-May-2020 15:12Source: BSE

Mahindra and Mahindra - Format of Initial Disclosure to be made by an entity identified as a Large Corporate

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayMAHINDRA & MAHINDRA LTD.
2CINL65990MH1945PLC004558
3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 1644.62
4Highest Credit Rating during the previous FY AAA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED
5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES



Name of the Company Secretary: Narayan Shankar
Designation: Company Secretary
EmailId: investors@mahindra.com
Name of the Chief Financial Officer: Anish Shah
Designation: Deputy Managing Director & Chief Financial Officer
EmailId: investors@mahindra.com

Date: 18/05/2020

Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.