TVS Electronics : Credit Rating

	28th February 2022
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400 001	Scrip Code - 532513
National Stock Exchange of India Limited
Exchange Plaza, 5" Floor,
Plot No. C/1G Block,
Bandra - Kurla Complex, Bandra - (E )
Mumbai - 400 051	Scrip Code - TVSELECT

Dear Sirs,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is to	inform you	that M/s Brickwork Ratings India Private Limited vide their	letter dated
28th February, 2022 have reaffirmed the ratings with change	in outlook from "Stable"	to "Positive"
for the Bank Loan facilities (Fund Based ) as given below:
Facilities		Tenure	Previous Ratings	Present Ratings
Fund Based		Long	BWR A-	BWR A-
		Term	(Pronounced as BWR Single A Minus)	(Pronounced as BWR Single A Minus)
			Outlook: Stable	Outlook: Positive
				(Change in outlook)
Non-Fund		Short	BWR A2+	BWR A2+
Based		Term	(Pronounced as BWR A Two Plus)	(Pronounced as BWR A Two Plus)

Kindly take the same on records.

Thanking You,

Yours truly,

For TVS Electronics Limited

• Santosh Company Secretary

TVS Electronics Limited

"Arihant E-Park", No.117/1, 9th Floor, L.B. Road, Adyar, Chennai - 600 020. Tel.: [phone]

Registered Office: 249A, Ambujammal Street, Off TTK Road, Alwarpet, Chennai - 600 018

Corporate Identity Number: L30007TN1995PLC032941

E-mail id: [e-mail] Website: www.tvs-e.in