Parent/Group Company: Oriental Structural Engineers Private Limited (OSEPL)

The rating assigned to TTP1 factors in the likelihood of its parent, OSEPL, extending financial support to it because of undertaking provided by OSEPL and close operational linkages; ICRA also expects OSEPL to be willing to extend financial support to TIRUVALLUR P1 HIGHWAY PRIVATE LIMITED out of its need to protect its reputation from the consequences of a group entity’s distress.