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124974 Apr 2026

The rating is supported by a robust credit enhancement structure, including a cash collateral and subordination of the equity piece (if applicable).

The outlook on the assigned rating is , reflecting ICRA's expectation that the pool will perform in line with historical trends for SFL-originated portfolios. Alternative Subject: Sigma-Aldrich SDS 124974 124974

The provisional rating is based on the strength of the cash flows from the selected pool of contracts, which primarily consist of commercial vehicle or car loans. The rating is supported by a robust credit

ICRA Limited has assigned a provisional rating of to the Pass-Through Certificates (PTCs) issued by a Special Purpose Vehicle (SPV) created by Sundaram Finance Limited . This rating reflects the highest degree of safety regarding timely servicing of financial obligations. 2. Key Rating Drivers ICRA Limited has assigned a provisional rating of

Historically, SFL has maintained superior asset quality compared to industry peers in the non-banking financial company (NBFC) sector.

The company maintains a favorable liquidity profile with a well-matched asset-liability maturity structure. 4. Risk Factors & Mitigants

If your query refers to the chemical product , the full report would be a Safety Data Sheet (SDS) .

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The rating is supported by a robust credit enhancement structure, including a cash collateral and subordination of the equity piece (if applicable).

The outlook on the assigned rating is , reflecting ICRA's expectation that the pool will perform in line with historical trends for SFL-originated portfolios. Alternative Subject: Sigma-Aldrich SDS 124974

The provisional rating is based on the strength of the cash flows from the selected pool of contracts, which primarily consist of commercial vehicle or car loans.

ICRA Limited has assigned a provisional rating of to the Pass-Through Certificates (PTCs) issued by a Special Purpose Vehicle (SPV) created by Sundaram Finance Limited . This rating reflects the highest degree of safety regarding timely servicing of financial obligations. 2. Key Rating Drivers

Historically, SFL has maintained superior asset quality compared to industry peers in the non-banking financial company (NBFC) sector.

The company maintains a favorable liquidity profile with a well-matched asset-liability maturity structure. 4. Risk Factors & Mitigants

If your query refers to the chemical product , the full report would be a Safety Data Sheet (SDS) .