M&M Financial Services has announced the reaffirmation of its credit ratings by India Ratings and Research Private Limited. The rating agency published its assessment on 24th February 2026, maintaining the company's strong credit profile across multiple financial instruments.

Rating Reaffirmations

India Ratings reaffirmed the company's issuer rating at IND AAA/Stable, demonstrating confidence in the financial services provider's creditworthiness. The rating agency maintained its positive assessment across a comprehensive range of debt instruments.

New Rating Assignments

Alongside the reaffirmations, India Ratings assigned fresh ratings to several new facilities, expanding the company's rated debt portfolio.

Short-term Instruments

The rating agency also addressed short-term funding instruments, affirming ratings for existing facilities while assigning ratings to new ones.

• Commercial Papers (Existing): INR150.000 billion with IND A1+ rating affirmed for 7-365 days maturity
• Fixed Deposits (Existing): INR120.000 billion with IND AAA/Stable rating affirmed

Regulatory Compliance

The company has fulfilled its obligations under Regulation 30(6) of the SEBI Listing Regulations by promptly disclosing the rating actions to both BSE Limited and National Stock Exchange of India Ltd. The detailed press release from India Ratings is accessible on the rating agency's website, and the information has been uploaded to the company's investor relations portal under debt information and credit ratings section.

Key Features

The rating assessment includes specific provisions for instrument flexibility:

• NCD and subordinated debt limits are interchangeable between retail and non-retail issuances
• Principal protected market linked debentures carry full principal protection, with the issuer obligated to pay the complete principal upon maturity
• The PP-MLD rating represents an ordinal assessment of underlying credit risk, excluding market risk factors related to reference index or equity share performance

M&M Financial Services has announced its participation in two major investor conferences scheduled for February 26, 2026, in Mumbai. The company informed both BSE and NSE about these events in compliance with SEBI Listing Regulations.

Conference Schedule and Details

The financial services company will participate in back-to-back investor conferences on the same day, providing comprehensive engagement opportunities with the investment community.

Participation Framework

The conferences will involve interactions with several funds and investors, providing the company with opportunities to engage directly with the investment community. Company officials will attend both events to represent Mahindra & Mahindra Financial Services Limited and participate in structured meetings.

Information Disclosure Guidelines

The company has explicitly stated that no unpublished price sensitive information will be shared during these investor conferences. The discussions will focus on:

• Business and quarterly updates previously disclosed
• Q3 FY2026 earnings presentation shared on January 28, 2026
• General business overview and operational insights
• Reference materials sent to stock exchanges on January 3, 2026

Regulatory Compliance

This announcement was made in compliance with Regulation 30(6), Schedule III, Part A, Para A(15) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure has been hosted on the company's official website under the investor relations section, ensuring transparency and accessibility for all stakeholders.

The company has noted that the conference dates are subject to change due to potential exigencies on the part of investors or the company. This flexibility ensures optimal participation and engagement quality for all parties involved.