TCI Express Ltd announced that ICRA Limited has reaffirmed its ratings on the company's financial instruments, including the Commercial Paper Programme with an outstanding amount of N/A, rated [ICRA] A1+, and Debt Securities with amounts and ratings not specified, while also placing the Debt Securities under observation for developments impacting debt servicing capability and ability to raise funds; additionally, ICRA reaffirmed the Commercial Paper rating of 25.00 at [ICRA]A 1+, subject to review upon changes, and noted the reaffirmation was in accordance with Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
