Tamilnadu PetroProducts Limited — Credit Ratings, 22-05-2025: Credit Rating- New

Tamilnadu Petroproducts Limited’s bank facility ratings have been reaffirmed by CARE Ratings at CARE A+ (stable) for the long term and CARE A1+ for the short term. The total rated bank facilities have increased to ₹406 Cr from ₹271 Cr. This reflects the company’s stable financial position and consistent credit metrics. The rating stability signals continued investor confidence and suggests that the company will maintain favorable borrowing costs, supporting its capacity to service debt comfortably.