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Date	Entity Name			Rating Action
28th May 25	RAWALWASIA YARN DYEING PRIVATE LIMITED			Instrument & Lender Details RAWALWASIA YARN DYEING 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 18.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 3.95 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 0.55 Cr	ACUITE B+
28th May 25	RPV EXPORTS PRIVATE LIMITED			Instrument & Lender Details RPV EXPORTS 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
	PC/PCFC	Short-term	INR 2 Cr	ACUITE D
	Bills Discounting	Short-term	INR 3 Cr	ACUITE D
	Proposed Short Term Bank Facility	Short-term	INR 2 Cr	ACUITE D
28th May 25	SOHRAB TEXTILES MILLS LIMITED			Instrument & Lender Details SOHRAB TEXTILES MILLS LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 1 = I am not a robot
	Cash Credit	Long-term	INR 2 Cr	ACUITE D
	Cash Credit	Long-term	INR 0.6 Cr	ACUITE D
	Term Loan	Long-term	INR 3 Cr	ACUITE D
28th May 25	TELAWNE POWER EQUIPMENTS PRIVATE LIMITED			Instrument & Lender Details TELAWNE POWER EQUIPMENTS 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE B
	Term Loan	Long-term	INR 0.2 Cr	ACUITE B
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 3 Cr	ACUITE A4
28th May 25	VIDYA NETHRRA EDUCATIONAL TRUST			Instrument & Lender Details VIDYA NETHRRA EDUCATIONAL TRUST To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 4 = I am not a robot
	Term Loan	Long-term	INR 9.5 Cr	ACUITE D
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE D
28th May 25	JAGATJIT INDUSTRIES LIMITED			Instrument & Lender Details JAGATJIT INDUSTRIES 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 160.6 Cr	ACUITE B+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 39.4 Cr	ACUITE Not Applicable
27th May 25	SUNNY VIEW ESTATES PRIVATE LIMITED			Instrument & Lender Details SUNNY VIEW ESTATES 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 + 7 = I am not a robot
	Lease Rental Discounting	Long-term	INR 5.13 Cr	ACUITE BB+ Stable
	Lease Rental Discounting	Long-term	INR 6 Cr	ACUITE BB+ Stable
	Lease Rental Discounting	Long-term	INR 123.81 Cr	ACUITE BB+ Stable
	Lease Rental Discounting	Long-term	INR 7.48 Cr	ACUITE BB+ Stable
	Lease Rental Discounting	Long-term	INR 4.58 Cr	ACUITE BB+ Stable
27th May 25	BHRUNDA INFRA PRIVATE LIMITED			Instrument & Lender Details BHRUNDA INFRA 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 6 + 6 = I am not a robot
	Cash Credit	Long-term	INR 20.5 Cr	ACUITE BB+
	Working Capital Term Loan	Long-term	INR 3.75 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 25 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB+
	Working Capital Term Loan	Long-term	INR 1.78 Cr	ACUITE BB+
	Bank Guarantee (BLR)	Short-term	INR 19.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 47.5 Cr	ACUITE A4+
27th May 25	BANGALORE DEVELOPMENT AUTHORITY			Instrument & Lender Details BANGALORE DEVELOPMENT AUTHORITY To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 2 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 500 Cr	ACUITE A+ Stable
	Short-term Loan	Short-term	INR 500 Cr	ACUITE A1+
27th May 25	VSOFT TECHNOLOGIES PRIVATE LIMITED			Instrument & Lender Details VSOFT TECHNOLOGIES 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 + 3 = I am not a robot
	Proposed Bank Guarantee	Short-term	INR 0.03 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 12 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 0.07 Cr	ACUITE A4
	Proposed Cash Credit	Long-term	INR 0.41 Cr	ACUITE C Not Applicable
	Foreign Currency Term Loan	Long-term	INR 3.42 Cr	ACUITE C Not Applicable
	Cash Credit	Long-term	INR 24 Cr	ACUITE C Not Applicable
	Working Capital Demand Loan (WCDL)	Long-term	INR 2.85 Cr	ACUITE C Not Applicable
	Covid Emergency Line.	Long-term	INR 1.22 Cr	ACUITE C Not Applicable
	Working Capital Term Loan	Long-term	INR 15 Cr	ACUITE C Not Applicable
26th May 25	PHOENIX TECH ZONE PRIVATE LIMITED			Instrument & Lender Details PHOENIX TECH ZONE 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 + 7 = I am not a robot
	Term Loan	Long-term	INR 380 Cr	ACUITE BBB Stable
	Lease Rental Discounting	Long-term	INR 435 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 36 Cr	ACUITE BBB Stable
26th May 25	RAJ INFRASTRUCTURE DEVELOPMENT INDIA PRIVATE LIMITED			Instrument & Lender Details RAJ INFRASTRUCTURE DEVELOPMENT 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 6 + 4 = I am not a robot
	Secured Overdraft	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Secured Overdraft	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BBB+ Stable
	Bank Guarantee (BLR)	Short-term	INR 80 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 80 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 40 Cr	ACUITE A2
26th May 25	RELIABLE AUTOMOTIVE PRIVATE LIMITED			Instrument & Lender Details RELIABLE AUTOMOTIVE 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 + 9 = I am not a robot
	Channel/Dealer/Vendor Financing	Long-term	INR 15 Cr	ACUITE BBB- Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 20 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 4.05 Cr	ACUITE BBB- Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 19.5 Cr	ACUITE BBB- Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 0.95 Cr	ACUITE BBB- Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 20.5 Cr	ACUITE BBB- Stable
26th May 25	TEJPAL MOTORS PRIVATE LIMITED			Instrument & Lender Details TEJPAL MOTORS 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 + 9 = I am not a robot
	Inventory Funding	Long-term	INR 10 Cr	ACUITE BBB- Negative
26th May 25	BHANWARIYA INFRA PROJECTS PRIVATE LIMITED			Instrument & Lender Details BHANWARIYA INFRA PROJECTS 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
	Cash Credit	Long-term	INR 13 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 0.6 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 4.52 Cr	ACUITE Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 0.52 Cr	ACUITE Not Applicable
	Bank Guarantee/Letter of Guarantee	Short-term	INR 62 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 40 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 5 Cr	ACUITE Not Applicable
26th May 25	SATYAM PHARMA CHEM PRIVATE LIMITED			Instrument & Lender Details SATYAM PHARMA CHEM 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE BB
	Working Capital Term Loan	Long-term	INR 0.39 Cr	ACUITE BB
	Term Loan	Long-term	INR 1.64 Cr	ACUITE BB
	Working Capital Term Loan	Long-term	INR 0.68 Cr	ACUITE BB
	Letter of Credit	Short-term	INR 22.5 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.84 Cr	ACUITE A4+
	Packing Credit	Short-term	INR 6.7 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 0.46 Cr	ACUITE Not Applicable
26th May 25	LAKSHANYA VENTURES PRIVATE LIMITED (ERSTWHILE - ENCARTA PHARMA PRIVATE LIMITED)			Instrument & Lender Details LAKSHANYA VENTURES PRIVATE LIMITED (ERSTWHILE - ENCARTA PHARMA 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 8 + 4 = I am not a robot
	Cash Credit	Long-term	INR 20 Cr	ACUITE C
	Term Loan	Long-term	INR 36.5 Cr	ACUITE D
	Stand By Line of Credit	Long-term	INR 3 Cr	ACUITE C
	Term Loan	Long-term	INR 2.85 Cr	ACUITE D
	Working Capital Term Loan	Long-term	INR 1.71 Cr	ACUITE C
	Term Loan	Long-term	INR 0.63 Cr	ACUITE C
	Proposed Long Term Loan	Long-term	INR 0.56 Cr	ACUITE C
	Bank Guarantee (BLR)	Short-term	INR 7.75 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 4.75 Cr	ACUITE A4
23rd May 25	BANSAL PATHWAYS GUNA SIRONJ PRIVATE LIMITED			Instrument & Lender Details BANSAL PATHWAYS GUNA SIRONJ 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 + 9 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 46.5 Cr	ACUITE Not Applicable Not Applicable
	Term Loan	Long-term	INR 135.5 Cr	ACUITE BBB+ Stable
23rd May 25	BANSAL PATHWAYS PRIVATE LIMITED			Instrument & Lender Details BANSAL PATHWAYS 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 11.57 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.14 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 6.93 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 8.8 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 20.56 Cr	ACUITE BBB+ Stable
23rd May 25	ELIXIR MET FORM PRIVATE LIMITED			Instrument & Lender Details ELIXIR MET FORM 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 12.8 Cr	ACUITE BB- Stable
	Proposed Long Term Loan	Long-term	INR 1.2 Cr	ACUITE BB- Stable
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 8 Cr	ACUITE A4+