Announced Mon, 29 Jun · 18:35 IST
TCI gets CARE AA+ Stable rating for 300 crore bank facilities
Credit & Debt View source PDF
TCI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹936.95
prior close
₹933.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
———+1.4-1.6-0.5-0.6-0.3+2.0-1.7-0.7———
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AI summary
CareEdge Ratings assigned a CARE AA+ rating with Stable outlook for TCI's long term bank facilities worth 300 crore. The facilities include term loans from HDFC Bank, SBI, ICICI Bank, Federal Bank, Kotak Mahindra, and Axis Bank, plus a proposed 54.68 crore facility. The rating is valid for one year from June 24, 2026. This is an initial rating assignment, not an upgrade or downgrade.
Likely market impact
CARE AA+ is a high investment grade rating showing strong ability to meet financial commitments. Positive signal for lenders and shareholders.