Tvs Supply Chain Solutions Limited has informed the Exchange about Credit Rating
TVSSCS · price
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TVS Supply Chain Solutions has informed the stock exchanges that India Ratings & Research has affirmed its credit ratings as of July 7, 2025. The Issuer Rating of IND AA with a Stable outlook was affirmed. Fund-based working capital limits of INR 6,420 million (reduced from INR 6,720 million) were reaffirmed at IND AA/Stable/IND A1+. A non-fund-based limit of INR 150 million was reaffirmed at IND A1+, and a new non-fund-based limit of INR 300 million was assigned the same IND A1+ rating. The ratings are spread across multiple banks including SBI, Yes Bank, Axis Bank, HDFC Bank, IDFC First Bank, Standard Chartered, and DBS Bank.
Affirmation of the IND AA rating with a Stable outlook signals continued strong creditworthiness and financial health, which is positive for shareholders. The slight reduction in working capital limits and addition of a new INR 300 million non-fund-based facility suggest prudent liability management with no negative rating action.