Tamilnadu Petroproducts Limited Credit Rating Reaffirmed by CARE Ratings
Tamilnadu Petroproducts Limited has been informed by CARE Ratings Limited, vide a letter dated December 22, 2025, that their credit rating for the company's bank facilities has been reaffirmed. The l...
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Why is Tamilnadu PetroProducts Limited in the news today?
Tamilnadu PetroProducts Limited (TNPETRO) is in the news due to the announcement is a routine credit rating reaffirmation, which does not present any significant positive or negative development for the company.
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Tamilnadu Petroproducts Limited Credit Rating Reaffirmed by CARE Ratings
December 23, 2025, 07:20 AM
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Tamilnadu Petroproducts Limited has been informed by CARE Ratings Limited, vide a letter dated December 22, 2025, that their credit rating for the company's bank facilities has been reaffirmed.
The long-term bank facilities have been reaffirmed at CARE A+; Stable, with an enhanced amount of ₹316.00 crore (previously ₹291.00 crore).
Additionally, the long-term / short-term bank facilities have been reaffirmed at CARE A+; Stable/CARE A1+, with a reduced amount of ₹105.00 crore (previously ₹115.00 crore).
The total bank facilities stand at ₹421.00 crore.
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