Total Transport Systems Limited — Credit Ratings, 15-07-2025: Credit Rating

CRISIL Ratings has reaffirmed Total Transport Systems Limited's long-term rating at 'CRISIL BB+/Stable' for its bank facilities totaling Rs. 60 Cr, and subsequently withdrawn it. The withdrawal was at the company's request, and the reaffirmation indicates that its underlying credit profile was stable immediately prior to this action. While the immediate impact on existing borrowing costs is likely minimal, the absence of a public credit rating could influence investor confidence or potentially affect the company's ability to secure certain types of new financing that require an independent credit assessment.