124974 Apr 2026

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

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

SFL's established track record in the retail finance segment and its experienced management team contribute to the overall stability of the transaction. 3. Financial Performance (SFL Snapshot) 124974

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

If you are instead referring to a or an SEC Form ADV (124974) , please let me know. Report: ICRA Provisional Rating Rationale (124974) If your query refers to the chemical product

Provisional [ICRA]AAA(SO) Assigned to PTCs Issuer: Sundaram Finance Limited (SFL) Report Date: January 23, 2024 1. Executive Summary

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. Risk Factors & Mitigants If you are instead

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