Transcorp International Ltd — Important, 16-09-2025: Company Update

Transcorp International Limited received an updated credit rating from Brickwork Ratings. The company's Fund Based facilities of 10.00 Cr and Fixed Deposits of 0.37 Cr were downgraded to BWR BB/ Stable, while Non-Fund Based facilities were withdrawn. Transcorp does not accept these revised ratings, citing that they do not adequately reflect its financial performance and strategic developments. The company has since approached the Grievance Redressal Committee of Brickwork Ratings to contest the assessment, indicating a significant development regarding its credit profile and potential impact on financial operations.