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Entity-Specific Rating Rationales

25 Feb 2026

TCG Lifesciences Private Limited: Ratings withdrawn

TCG Lifesciences Private Limited: Ratings withdrawn

11 Mar 2025

TCG Lifesciences Private Limited: Ratings downgraded to [ICRA]A- (Negative)/ [ICRA]A2+

TCG Lifesciences Private Limited: Ratings downgraded to [ICRA]A- (Negative)/ [ICRA]A2+

05 Apr 2024

TCG Lifesciences Private Limited: Ratings reaffirmed; outlook revised to Negative

TCG Lifesciences Private Limited: Ratings reaffirmed; outlook revised to Negative

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Entity-Specific Credit Perspective Reports

10 Apr 2025

TCG Lifesciences Private Limited

TCG Lifesciences Private Limited (Non-SF)

06 May 2024

TCG Lifesciences Private Limited

TCG Lifesciences Private Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Short-term – Non-fund based – Others Withdrawn -- -- --
Long-term/Short-term – Unallocated limits – Unallocated limits Withdrawn -- Withdrawn --
Short-term – Fund-based – Others Withdrawn -- -- --
Long-term – Fund-based – Term Loan -- -- Withdrawn --
Long-term – Interchangeable limits – Others -- -- Withdrawn --

Our Analysts

Analyst 1

Devanshu Gupta

Analyst 2

Sumit Jhunjhunwala

Sector Head

Girishkumar Kashiram Kadam
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