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Date	Entity Name			Rating Action
26th Sep 22	SUPRABHA INDUSTRIES LIMITED			Instrument & Lender Details SUPRABHA 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 3 + 7 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.6 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.25 Cr	ACUITE BB-
	Term Loan	Long-term	INR 14.47 Cr	ACUITE BB-
26th Sep 22	MAFATLAL INDUSTRIES LIMITED			Instrument & Lender Details MAFATLAL 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 3 + 1 = I am not a robot
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 40 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 17.5 Cr	ACUITE A3
	Cash Credit	Long-term	INR 8 Cr	ACUITE BBB- Positive
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 15 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 1.28 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 4.96 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 5.41 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 13.42 Cr	ACUITE BBB- Positive
	Proposed Long Term Bank Facility	Long-term	INR 2.7 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 13.42 Cr	ACUITE BBB- Positive
	Secured Overdraft	Long-term	INR 22 Cr	ACUITE BBB- Positive
	Secured Overdraft	Long-term	INR 22 Cr	ACUITE BBB- Positive
	Working Capital Demand Loan (WCDL)	Long-term	INR 10 Cr	ACUITE BBB- Positive
26th Sep 22	NR STEEL AND FERRO PRIVATE LIMITED			Instrument & Lender Details NR STEEL AND FERRO 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 15 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 32.3 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 35 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB+ Stable
	Proposed Cash Credit	Long-term	INR 2.7 Cr	ACUITE BBB+ Stable
26th Sep 22	N R ISPAT AND POWER PRIVATE LIMITED			Instrument & Lender Details N R ISPAT AND POWER 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 + 7 = I am not a robot
	Term Loan	Long-term	INR 5.9 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.07 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.08 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 16.9 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.85 Cr	ACUITE A- Stable
	Proposed Long Term Loan	Long-term	INR 10.2 Cr	ACUITE A- Stable
26th Sep 22	N R TMT INDIA PRIVATE LIMITED			Instrument & Lender Details N R TMT 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 9 + 6 = I am not a robot
	Cash Credit	Long-term	INR 24.93 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 5.07 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.27 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.13 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.15 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
26th Sep 22	TRUST INVESTMENT ADVISORS PRIVATE LIMITED			Instrument & Lender Details TRUST INVESTMENT ADVISORS 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 + 1 = I am not a robot
	Commercial Paper Program	Short-term	INR 350 Cr	ACUITE A1+
	Proposed Commercial Paper Program	Short-term	INR 100 Cr	ACUITE A1+
	Working Capital Demand Loan (WCDL)	Long-term	INR 300 Cr	ACUITE AA- Stable
	Secured Overdraft	Long-term	INR 200 Cr	ACUITE AA- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 150 Cr	ACUITE AA- Stable
	Proposed Long Term Bank Facility	Long-term	INR 150 Cr	ACUITE AA- Stable
	Principal protected market linked debentures	Long-term	INR 60 Cr	ACUITE PP-MLD AA+ Stable
	Proposed Secured Non-Convertible Debentures	Long-term	INR 75 Cr	ACUITE Provisional AA+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 150 Cr	ACUITE AA+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE AA+ Stable
	Proposed Non Convertible Debentures	Long-term	INR 100 Cr	ACUITE AA- Stable
26th Sep 22	NATIONAL ENGINEERS			Instrument & Lender Details NATIONAL ENGINEERS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 5 = I am not a robot
	Secured Overdraft	Long-term	INR 6 Cr	ACUITE B+
26th Sep 22	PHOENIX OVERSEAS LIMITED			Instrument & Lender Details PHOENIX OVERSEAS 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 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A3
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.75 Cr	ACUITE A3
	PC/PCFC	Short-term	INR 36 Cr	ACUITE A3
	Term Loan	Long-term	INR 8.3 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.95 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 9 Cr	ACUITE BBB- Stable
26th Sep 22	HALDIA STEELS PRIVATE LIMITED			Instrument & Lender Details HALDIA STEELS 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 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 30 Cr	ACUITE D
	Cash Credit	Long-term	INR 35 Cr	ACUITE D
	Term Loan	Long-term	INR 8.55 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 1.45 Cr	ACUITE D
26th Sep 22	PAN INDIA UTILITIES DISTRIBUTION COMPANY LIMITED			Instrument & Lender Details PAN INDIA UTILITIES DISTRIBUTION COMPANY 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
	Term Loan	Long-term	INR 215 Cr	ACUITE D
	Term Loan	Long-term	INR 120 Cr	ACUITE D
26th Sep 22	NRVS STEELS LIMITED (ERSTWHILE SELENO STEELS LIMITED)			Instrument & Lender Details NRVS STEELS LIMITED (ERSTWHILE SELENO STEELS 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 + 9 = I am not a robot
	Term Loan	Long-term	INR 11.49 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 42.42 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.99 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 25.17 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 7.83 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.93 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.74 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 95 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.69 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 40 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 27 Cr	ACUITE A- Stable
23rd Sep 22	PROVINCIAL FINANCE AND LEASING CO PRIVATE LIMITED			Instrument & Lender Details PROVINCIAL FINANCE AND LEASING CO 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 + 6 = I am not a robot
	Principal protected market linked debentures	Long-term	INR 700 Cr	ACUITE PP-MLD BB+ Stable
	Proposed principal protected market linked debentures	Long-term	INR 572.5 Cr	ACUITE PP-MLD BB+ Stable
	Principal protected market linked debentures	Long-term	INR 90.8 Cr	ACUITE PP-MLD BB+ Stable
	Principal protected market linked debentures	Long-term	INR 336.7 Cr	ACUITE PP-MLD BB+ Stable
	Proposed principal protected market linked debentures	Long-term	INR 500 Cr	ACUITE PP-MLD BB+ Stable
23rd Sep 22	SHRI BALAJI INDUSTRIAL ENGINEERING LIMITED			Instrument & Lender Details SHRI BALAJI INDUSTRIAL ENGINEERING 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 18 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 19 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 14 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 15 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
23rd Sep 22	SHEKHAWATI ART EXPORTS			Instrument & Lender Details SHEKHAWATI ART EXPORTS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 4 = I am not a robot
	Term Loan	Long-term	INR 9 Cr	ACUITE B+
23rd Sep 22	SHRI BALAJI INDUSTRIAL PRODUCTS LIMITED			Instrument & Lender Details SHRI BALAJI INDUSTRIAL PRODUCTS 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
	PC/PCFC	Short-term	INR 5 Cr	ACUITE A2+
	Bills Discounting	Short-term	INR 5 Cr	ACUITE A2+
	Bank Guarantee (BLR)	Short-term	INR 32.1 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 16.5 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 32.4 Cr	ACUITE A2+
	Stand By Line of Credit	Short-term	INR 5 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 22.4 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 16.6 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.06 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.65 Cr	ACUITE A- Stable
	Proposed Long Term Loan	Long-term	INR 8.45 Cr	ACUITE A- Stable
23rd Sep 22	NAM ESTATES PRIVATE LIMITED			Instrument & Lender Details NAM 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 + 1 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 1000 Cr	ACUITE BB+ Stable
23rd Sep 22	SATYA MICROCAPITAL LIMITED			Instrument & Lender Details SATYA MICROCAPITAL 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 40 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.59 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.3 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.02 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.18 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.91 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 22.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.46 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 11 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 100 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 36.45 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 40.09 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 24 Cr	ACUITE A- Stable
	Principal protected market linked debentures	Long-term	INR 50 Cr	ACUITE PP-MLD A- Stable
	Proposed principal protected market linked debentures	Long-term	INR 50 Cr	ACUITE PP-MLD A- Stable
23rd Sep 22	S A EXPORTS			Instrument & Lender Details S A EXPORTS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 9 = I am not a robot
	PC/PCFC	Short-term	INR 35 Cr	ACUITE A4+
	FBN/FBP/FBD/PSFC/FBE	Short-term	INR 60 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 1 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A4+
	Term Loan	Long-term	INR 2 Cr	ACUITE BB+
23rd Sep 22	KANPUR PLASTIPACK LIMITED			Instrument & Lender Details KANPUR PLASTIPACK 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 + 5 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 11 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 16 Cr	ACUITE A2+
	Proposed Short Term Bank Facility	Short-term	INR 12.4 Cr	ACUITE A2+
	Proposed Short Term Bank Facility	Short-term	INR 20.67 Cr	ACUITE A2+
	Stand By Line of Credit	Long-term	INR 20 Cr	ACUITE A- Stable
	PC/PCFC	Long-term	INR 120 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 6 Cr	ACUITE A- Stable
	PC/PCFC	Long-term	INR 5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 33.19 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 42 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25.72 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 19.58 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Proposed Working Capital Demand Loan	Long-term	INR 15 Cr	ACUITE A- Stable
23rd Sep 22	REDI PORT LIMITED			Instrument & Lender Details REDI PORT 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
	Term Loan	Long-term	INR 77.5 Cr	ACUITE BBB- Stable