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Date	Entity Name			Rating Action
18th Mar 25	KARISMAA FOUNDATIONS PRIVATE LIMITED			Instrument & Lender Details KARISMAA FOUNDATIONS 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
	Proposed Bank Guarantee	Short-term	INR 9.5 Cr	ACUITE A4
	Proposed Term Loan	Long-term	INR 1.5 Cr	ACUITE C
	Proposed Cash Credit	Long-term	INR 5 Cr	ACUITE C
	Term Loan	Long-term	INR 0.4 Cr	ACUITE C
	Term Loan	Long-term	INR 0.4 Cr	ACUITE C
	Term Loan	Long-term	INR 0.4 Cr	ACUITE C
	Term Loan	Long-term	INR 0.3 Cr	ACUITE C
	Term Loan	Long-term	INR 0.55 Cr	ACUITE C
	Proposed Long Term Loan	Long-term	INR 2.45 Cr	ACUITE C
	Proposed Term Loan	Long-term	INR 4.5 Cr	ACUITE C
18th Mar 25	PRIME CAR PRIVATE LIMITED			Instrument & Lender Details PRIME CAR 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 11 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 0.5 Cr	ACUITE D
18th Mar 25	SUGESAN TRANSPORT PRIVATE LIMITED			Instrument & Lender Details SUGESAN TRANSPORT 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 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 6 Cr	ACUITE D
	Proposed Bank Guarantee	Short-term	INR 4 Cr	ACUITE D
	Cash Credit	Long-term	INR 8 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 7 Cr	ACUITE D
18th Mar 25	VIDALI ENTERPRISES			Instrument & Lender Details VIDALI ENTERPRISES 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
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE D
	Term Loan	Long-term	INR 1.5 Cr	ACUITE D
18th Mar 25	RAJ FOODS INDUSTRIES			Instrument & Lender Details RAJ FOODS INDUSTRIES 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
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE D
	Cash Credit	Long-term	INR 7 Cr	ACUITE D
	Term Loan	Long-term	INR 1.78 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 0.22 Cr	ACUITE D
18th Mar 25	SHREERAM AND SONS			Instrument & Lender Details SHREERAM AND SONS 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
	PC/PCFC	Short-term	INR 15 Cr	ACUITE D
	Letter of Credit	Short-term	INR 1 Cr	ACUITE D
	Proposed Letter of Credit	Short-term	INR 2 Cr	ACUITE D
	Proposed Packing Credit	Short-term	INR 2 Cr	ACUITE D
18th Mar 25	VIGYAN CHEMICALS PRIVATE LIMITED			Instrument & Lender Details VIGYAN 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 4 + 2 = I am not a robot
	Letter of Credit	Short-term	INR 21 Cr	ACUITE D
	Proposed Letter of Credit	Short-term	INR 20 Cr	ACUITE D
	Cash Credit	Long-term	INR 4 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 7 Cr	ACUITE D
18th Mar 25	AJMERA METALS INDORE PRIVATE LIMITED			Instrument & Lender Details AJMERA METALS INDORE 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 + 4 = I am not a robot
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE B-
	Term Loan	Long-term	INR 1.5 Cr	ACUITE B-
	Term Loan	Long-term	INR 2.28 Cr	ACUITE B-
	Term Loan	Long-term	INR 0.42 Cr	ACUITE B-
18th Mar 25	AWATE ENGINEERING PRIVATE LIMITED			Instrument & Lender Details AWATE ENGINEERING 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 + 1 = I am not a robot
	Letter of Credit	Short-term	INR 3 Cr	ACUITE D
	Cash Credit	Long-term	INR 3 Cr	ACUITE D
	Term Loan	Long-term	INR 0.87 Cr	ACUITE D
18th Mar 25	CHROMAPRINT INDIA PRIVATE LIMITED			Instrument & Lender Details CHROMAPRINT 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 1 + 6 = I am not a robot
	Stand By Line of Credit	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10 Cr	ACUITE B
	Dropline Overdraft	Long-term	INR 9 Cr	ACUITE B
18th Mar 25	DOLPHIN DEVELOPERS			Instrument & Lender Details DOLPHIN DEVELOPERS 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
	Term Loan	Long-term	INR 7.5 Cr	ACUITE B
18th Mar 25	EBC BEARINGS INDIA LIMITED			Instrument & Lender Details EBC BEARINGS INDIA 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 + 2 = I am not a robot
	Letter of Credit	Short-term	INR 20 Cr	ACUITE D
18th Mar 25	SHREE RAI TRADERS			Instrument & Lender Details SHREE RAI TRADERS 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
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB- Stable
	Warehouse Receipt Financing	Long-term	INR 8 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB- Stable
	Warehouse Receipt Financing	Long-term	INR 5 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 1.5 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BB- Stable
18th Mar 25	RASHMI ISPAT LIMITED			Instrument & Lender Details RASHMI ISPAT 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
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 2.69 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 9.38 Cr	ACUITE BBB Stable
18th Mar 25	SHRIRAJLAXMI DENIM LIMITED			Instrument & Lender Details SHRIRAJLAXMI DENIM 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A3
	Cash Credit	Long-term	INR 40 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 5.24 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 4.43 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 12.08 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.65 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.6 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 12 Cr	ACUITE BBB- Stable
18th Mar 25	UTTAM CYLINDERS PRIVATE LIMITED			Instrument & Lender Details UTTAM CYLINDERS 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 + 3 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2.89 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A4
	Cash Credit	Long-term	INR 15 Cr	ACUITE C
	Bills Discounting	Long-term	INR 10 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 22.11 Cr	ACUITE C
	Term Loan	Long-term	INR 25 Cr	ACUITE D
	Cash Credit	Long-term	INR 15 Cr	ACUITE C
18th Mar 25	SPICEJET LIMITED			Instrument & Lender Details SPICEJET 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
	Bank Guarantee (BLR)	Short-term	INR 310.5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 59.7 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 270.78 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 18.5 Cr	ACUITE A4
	Working Capital Demand Loan (WCDL)	Long-term	INR 80 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 127.5 Cr	ACUITE B+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 224.52 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 150.98 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 127.52 Cr	ACUITE B+ Stable
17th Mar 25	Ajinkya Chemtech Private Limited			Instrument & Lender Details Ajinkya Chemtech 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 31 Cr	ACUITE BB Stable
17th Mar 25	Batliboi Limited			Instrument & Lender Details Batliboi 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 + 9 = I am not a robot
	Letter of Credit	Short-term	INR 15.6 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 11.15 Cr	ACUITE A3
	Bank Guarantee (BLR)	Long-term	INR 1.4 Cr	ACUITE A3
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 1.9 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 2.85 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 0.6 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 11.5 Cr	ACUITE BBB- Stable
17th Mar 25	GANPATI AGRI BUSINESS PRIVATE LIMITED			Instrument & Lender Details GANPATI AGRI BUSINESS 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
	Stand By Line of Credit	Short-term	INR 5.5 Cr	ACUITE A3
	Term Loan	Long-term	INR 1.13 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.32 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 3.75 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 37 Cr	ACUITE BBB- Stable
	Proposed Cash Credit	Long-term	INR 11.3 Cr	ACUITE BBB- Stable