Credit Rating

July 06, 2026 BSE Limited National Stock Exchange of India Limited 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Bldg., P. J. Towers, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 543965 NSE Symbol: TVSSCS Dear Sir/Madam, Sub: Intimation of Crediting Rating under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’). Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform you that India Ratings & Research Private Limited, credit rating agency vide its letter dated July 06, 2026, has affirmed/ assigned the rating in respect of the company’s instruments as per the details below: Amount (INR Rating Action Instrument type Rating/ Outlook million) Affirmed; outlook revised Issuer rating - IND AA/Positive from Stable to Positive Affirmed; outlook revised Bank Loan Facilities INR 6,770 IND AA/Positive/IND A1+ from Stable to Positive Bank loan facilities INR 1,100 IND AA/Positive/IND A1+ Assigned Commercial paper INR 1,000 IND A1+ Affirmed The rating letter from the Credit Rating Agency is enclosed. Kindly take the above information on record. Thanking You, Yours faithfully, For TVS Supply Chain Solutions Limited P D Krishna Prasad Company Secretary Enclosed a/a. Mr Vikas Chadha Managing Director TVS Supply Chain Solutions Limited Tamarai Tech Park, South Block, 3rd Floor, No 16, SP Devoloped Plot, Jawaharlal Nehru Road, Industrial Estate, Guindy, Chennai- 600032 July 06, 2026 Dear Sir/Madam, Re: Rating Letter for BLR of TVS Supply Chain Solutions Limited India Ratings and Research (Ind-Ra) has revised the Outlook on TVS Supply Chain Solutions Limited (TVS SCS) and its bank loan facilities to Positive from Stable while affirming the rating at ‘IND AA’. The instrument-wise rating actions are as follows: Instrument Size of Issue Rating Assigned with Rating Action Type (million) Outlook/Watch Issuer rating - IND AA/Positive Affirmed,Outlook Revised to Positive Bank loan facilities INR1,100 IND AA/Positive/IND A1+ Assigned Bank loan facilities INR6,770 (reduced from IND AA/Positive/IND A1+ Affirmed,Outlook Revised to INR6,870) Positive In issuing and maintaining its ratings, India Ratings relies on factual information it receives from issuers and underwriters and from other sources India Ratings believes to be credible. India Ratings conducts a reasonable investigation of the factual information relied upon by it in accordance with its ratings methodology, and obtains reasonable verification of that information from independent sources, to the extent such sources are available for a given security. The manner of India Ratings factual investigation and the scope of the third-party verification it obtains will vary depending on the nature of the rated security and its issuer, the requirements and practices in India where the rated security is offered and sold, the availability and nature of relevant public information, access to the management of the issuer and its advisers, the availability of pre-existing third-party verifications such as audit reports, agreed-upon procedures letters, appraisals, actuarial reports, engineering reports, legal opinions and other reports provided by third parties, the availability of independent and competent third-party verification sources with respect to the particular security or in the particular jurisdiction of the issuer, and a variety of other factors. Users of India Ratings ratings should understand that neither an enhanced factual investigation nor any third-party verification can ensure that all of the information India Ratings relies on in connection with a rating will be accurate and complete. Ultimately, the issuer and its advisers are responsible for the accuracy of the information they provide to India Ratings and to the market in offering documents and other reports. In issuing its ratings India Ratings must rely on the work of experts, including independent auditors with respect to financial statements and attorneys with respect to legal and tax matters. Further, ratings are inherently forward-looking and embody assumptions and predictions about future events that by their nature cannot be verified as facts. As a result, despite any verification of current facts, ratings can be affected by future events or conditions that were not anticipated at the time a rating was issued or affirmed. 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India Ratings is not your advisor, nor is India Ratings providing to you or any other party any financial advice, or any legal, auditing, accounting, appraisal, valuation or actuarial services. A rating should not be viewed as a replacement for such advice or services. Investors may find India Ratings ratings to be important information, and India Ratings notes that you are responsible for communicating the contents of this letter, and any changes with respect to the rating, to investors. It will be important that you promptly provide us with all information that may be material to the ratings so that our ratings continue to be appropriate. Ratings may be raised, lowered, withdrawn, or placed on Rating Watch due to changes in, additions to, accuracy of or the inadequacy of information or for any other reason India Ratings deems sufficient. Nothing in this letter is intended to or should be construed as creating a fiduciary relationship between India Ratings and you or between India Ratings and any user of the ratings. In this letter, “India Ratings” means India Ratings & Research Pvt. Ltd. and any successor in interest. We are pleased to have had the opportunity to be of service to you. If we can be of further assistance, please email us at infogrp@indiaratings.co.in Sincerely, India Ratings Abhishek Bhattacharya Senior Director TVSSupplyChainSolutionsLimited 06-July-2026 Annexure: Facilities Breakup Instrument Description Bank Name Ratings Outstanding/Rated Amount(INR million) Fund Based Working Capital Limit State Bank of India IND AA/Positive/IND A1+ 1000.00 Fund Based Working [Showing first 8,000 characters — download PDF for full document]