The ratings have
been withdrawn due to lack of adequate information. Ind-Ra will no longer
provide ratings or analytical coverage for the company.
TPCL’s ratings are as follows:
- Long-Term Issuer Rating: ‘IND B’; Outlook Stable; rating withdrawn
- INR29 million term loan: ‘IND B’; Outlook Stable; rating withdrawn
- INR180 million fund-based limits: ‘IND B’; Outlook Stable and ‘IND A4’; ratings withdrawn
- INR220 million non-fund-based limits: ‘IND A4’; rating withdrawn
KEY RATING DRIVERS
Additional information is available at www.indiaratings.co.in. The ratings above were solicited by, or on behalf of, the issuer, and therefore, India Ratings has been compensated for the provision of the ratings.
Ratings are not a recommendation or suggestion, directly or indirectly, to you or any other person, to buy, sell, make or hold any investment, loan or security or to undertake any investment strategy with respect to any investment, loan or security or any issuer.
The issuer did not participate in the rating process, or provide additional information, beyond the issuer's available public disclosure.