TVS Motor Company Credit Rating
CARE Ratings has reaffirmed various credit ratings for TVS Motor Company, while enhancing the limit of its long-term bank facilities to Rs. 3,241.65 Crore.
- Value
- ₹3,242 Cr
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CARE Ratings has reaffirmed various credit ratings for TVS Motor Company, while enhancing the limit of its long-term bank facilities to Rs. 3,241.65 Crore.
CARE Ratings Limited has reaffirmed credit ratings for TVS Motor Company's bank facilities and commercial paper, while withdrawing the rating for certain short-term instruments.
TVS Motor Company received credit rating reaffirmations and a new assignment from CARE Ratings for its various debt instruments and bank facilities.
TVS Motor's Rs.125 Crore NCDs received a CARE AAA rating. This stable rating reflects the company's strong creditworthiness for the debt instrument.
CARE Ratings reaffirmed and upgraded credit ratings for TVS Motor's debt facilities. This includes Commercial Paper and bank facilities totaling approximately ₹5,758 Crore.