Tamilnadu Petroproducts Limited has announced the reaffirmation of its credit rating by CARE Ratings Limited for its enhanced bank facilities worth ₹421.00 crores. The petrochemicals company received confirmation of the rating reaffirmation through a letter dated December 22, 2025.

Credit Rating Details

CARE Ratings Limited has reaffirmed the company's credit rating on its bank facilities with specific changes to facility amounts. The rating agency maintained its assessment while adjusting the facility limits based on the company's current requirements.

The detailed breakdown of the reaffirmed credit facilities is as follows:

Facility Adjustments

The rating reaffirmation comes with notable changes to the facility structure:

• Long-term bank facilities have been enhanced by ₹25.00 crores, increasing from ₹291.00 crores to ₹316.00 crores.
• Long-term/short-term bank facilities have been reduced by ₹10.00 crores, decreasing from ₹115.00 crores to ₹105.00 crores.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited (NSE) and BSE Limited about the credit rating reaffirmation. This communication was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Information

Tamilnadu Petroproducts Limited operates from its registered office and factory located at Manali Express Highway, Manali, Chennai. The company secretary Sangeet Hashekar signed the regulatory filing, ensuring proper compliance with stock exchange requirements and maintaining transparency with stakeholders regarding the credit rating development.

Tamilnadu Petroproducts Limited has secured a crucial regulatory milestone for its expansion project, receiving consent to operate from the Tamil Nadu Pollution Control Board for its expanded Linear Alkyl Benzene (LAB) plant. This approval represents a significant step forward in the company's ongoing project development initiatives and is valid until March 31, 2030.

Regulatory Approval Details

The consent to operate grants Tamilnadu Petroproducts the authority to run its expanded LAB facility while maintaining compliance with environmental regulations. The approval encompasses two key regulatory frameworks that govern industrial operations in the petrochemical sector.

Operational Permissions

The consent specifically allows the company to operate and discharge emissions in accordance with prescribed environmental standards. Under the air pollution control provisions, Tamilnadu Petroproducts can manage atmospheric emissions from its manufacturing processes. The water pollution control authorization permits the discharge of sewage and trade effluent, ensuring proper waste management protocols are maintained.

Project Development Context

This regulatory approval follows the company's communication dated December 11, 2025, regarding its ongoing projects. The consent to operate represents a critical component in the commissioning phase of industrial projects, as it enables actual production activities to commence while ensuring environmental compliance.

Compliance Framework

The approval demonstrates Tamilnadu Petroproducts' adherence to India's environmental regulatory framework. The consent covers both air and water pollution control measures, reflecting comprehensive environmental management practices. The validity period provides operational certainty for the company's expanded LAB plant operations through March 2030.

This regulatory clearance positions Tamilnadu Petroproducts to proceed with full-scale operations of its expanded Linear Alkyl Benzene facility, supporting the company's growth objectives in the petrochemical sector while maintaining environmental compliance standards.