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Date	Entity Name			Rating Action
5th Jun 25	MAYA RICE INDUSTRIES			Instrument & Lender Details MAYA RICE INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 7 = I am not a robot
	Cash Credit	Long-term	INR 4 Cr	ACUITE B-
	Term Loan	Long-term	INR 1.61 Cr	ACUITE B-
5th Jun 25	NASA BRAIN AND SPINE CENTRE			Instrument & Lender Details NASA BRAIN AND SPINE CENTRE To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 7 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE B
	Proposed Secured Overdraft	Long-term	INR 15 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE B
5th Jun 25	RAKON INDIA PRIVATE LIMITED			Instrument & Lender Details RAKON INDIA PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 7 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A4+
5th Jun 25	SHRI GANESH ENTERPRISES			Instrument & Lender Details SHRI GANESH ENTERPRISES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 2 = I am not a robot
	Cash Credit	Long-term	INR 1 Cr	ACUITE D
	Letter of Credit	Short-term	INR 7.5 Cr	ACUITE D
5th Jun 25	SHRI MAHABIR DYEING AND PRINTING MILLS PRIVATE LIMITED			Instrument & Lender Details SHRI MAHABIR DYEING AND PRINTING MILLS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 7 = I am not a robot
	Cash Credit	Long-term	INR 30 Cr	ACUITE B-
5th Jun 25	GAYATRISHAKTI PAPER AND BOARDS LIMITED			Instrument & Lender Details GAYATRISHAKTI PAPER AND BOARDS LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 8 = I am not a robot
	Cash Credit	Long-term	INR 36 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 18.64 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 215 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 100 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 51.25 Cr	ACUITE Not Applicable
	Working Capital Demand Loan (WCDL)	Long-term	INR 24 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 73.43 Cr	ACUITE Not Applicable
	Working Capital Demand Loan (WCDL)	Long-term	INR 16 Cr	ACUITE Not Applicable
	Working Capital Demand Loan (WCDL)	Long-term	INR 15 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 10 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 19.37 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 28.18 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 7.6 Cr	ACUITE Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 47.78 Cr	ACUITE Not Applicable
	Letter of Credit	Short-term	INR 14.75 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 25.2 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 20.05 Cr	ACUITE A2+
5th Jun 25	BHAGWATI AGROCHEM PRIVATE LIMITED			Instrument & Lender Details BHAGWATI AGROCHEM PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 8 = I am not a robot
	Term Loan	Long-term	INR 90 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 150 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 260 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)	Short-term	INR 9.6 Cr	ACUITE A3+
5th Jun 25	BHAGWATI LACTO FOODS PRIVATE LIMITED			Instrument & Lender Details BHAGWATI LACTO FOODS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 3 = I am not a robot
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 32.25 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.48 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.27 Cr	ACUITE BBB Stable
4th Jun 25	AHMEDABAD RING ROAD INFRASTRUCTURE LIMITED			Instrument & Lender Details AHMEDABAD RING ROAD INFRASTRUCTURE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 8 = I am not a robot
	Proposed Non Convertible Debentures	Long-term	INR 33 Cr	ACUITE BB Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 334 Cr	ACUITE BB Stable
4th Jun 25	APLAB LIMITED			Instrument & Lender Details APLAB LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 6 = I am not a robot
	Cash Credit	Long-term	INR 14 Cr	ACUITE D
	Letter of Credit	Short-term	INR 4 Cr	ACUITE D
	Bank Guarantee/Letter of Guarantee	Short-term	INR 14 Cr	ACUITE D
4th Jun 25	ION HEALTHCARE PRIVATE LIMITED			Instrument & Lender Details ION HEALTHCARE PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 3 = I am not a robot
	Cash Credit	Long-term	INR 13 Cr	ACUITE BB
	Term Loan	Long-term	INR 1.89 Cr	ACUITE BB
	Proposed Long Term Bank Facility	Long-term	INR 1.36 Cr	ACUITE BB
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A4+
4th Jun 25	JAINCO BUILDCON PRIVATE LIMITED (ERSTWHILE JAINCO BUILDCON LIMITED)			Instrument & Lender Details JAINCO BUILDCON PRIVATE LIMITED (ERSTWHILE JAINCO BUILDCON LIMITED) To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 4 = I am not a robot
	Cash Credit	Long-term	INR 11 Cr	ACUITE B+
	Bank Guarantee (BLR)	Short-term	INR 24 Cr	ACUITE A4
4th Jun 25	R M INFRASTRUCTURE			Instrument & Lender Details R M INFRASTRUCTURE To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 8 = I am not a robot
	Cash Credit	Long-term	INR 10 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 10 Cr	ACUITE D
4th Jun 25	TOPNOTCH CHEMICALS PRIVATE LIMITED			Instrument & Lender Details TOPNOTCH CHEMICALS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 8 = I am not a robot
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 8.59 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.41 Cr	ACUITE BBB- Stable
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A3+
4th Jun 25	VEDANT EDUCATION TRUST			Instrument & Lender Details VEDANT EDUCATION TRUST To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 3 = I am not a robot
	Term Loan	Long-term	INR 18.8 Cr	ACUITE B-
4th Jun 25	VNR EXPORTS			Instrument & Lender Details VNR EXPORTS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 4 = I am not a robot
	Cash Credit	Long-term	INR 3 Cr	ACUITE D
	Post Shipment Credit	Short-term	INR 11 Cr	ACUITE D
	PC/PCFC	Short-term	INR 5 Cr	ACUITE D
	Post Shipment Credit	Short-term	INR 5 Cr	ACUITE D
4th Jun 25	NAMO ALLOYS PRIVATE LIMITED			Instrument & Lender Details NAMO ALLOYS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 9 = I am not a robot
	Cash Credit	Long-term	INR 50 Cr	ACUITE B+
4th Jun 25	INDIGO INFORMATION SYSTEMS PRIVATE LIMITED			Instrument & Lender Details INDIGO INFORMATION SYSTEMS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 1 = I am not a robot
	Cash Credit	Long-term	INR 3 Cr	ACUITE C
	Term Loan	Long-term	INR 3 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 1.5 Cr	ACUITE C
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A4
4th Jun 25	TI ANODE FABRICATORS PRIVATE LIMITED			Instrument & Lender Details TI ANODE FABRICATORS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 8 = I am not a robot
	Term Loan	Long-term	INR 1 Cr	ACUITE B-
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE B-
	PC/PCFC	Short-term	INR 2.5 Cr	ACUITE A4
	FBN/FBP/FBD/PSFC/FBE	Short-term	INR 1 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.5 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 1.5 Cr	ACUITE A4
4th Jun 25	MB POWER (MADHYA PRADESH) LIMITED			Instrument & Lender Details MB POWER (MADHYA PRADESH) LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 3 = I am not a robot
	Cash Credit	Long-term	INR 75 Cr	ACUITE AA- Stable
	Proposed Long Term Bank Facility	Long-term	INR 455.51 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 458.52 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 862.36 Cr	ACUITE AA- Stable
	Foreign Currency Term Loan	Long-term	INR 148.61 Cr	ACUITE AA- Stable