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Date	Entity Name			Rating Action
7th Dec 20	Akara Capital Advisors Private Limited			Instrument & Lender Details Akara Capital 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 + 7 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 25 Cr	ACUITE BBB- Stable
7th Dec 20	Impressions Services Private Limited			Instrument & Lender Details Impressions Services 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 + 3 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 4 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 3 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 16 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 6 Cr	ACUITE BB+
	Dropline Overdraft	Long-term	INR 3 Cr	ACUITE BB+
	Secured Overdraft	Long-term	INR 10 Cr	ACUITE BB+
7th Dec 20	IRB Infrastructure Developers Limited			Instrument & Lender Details IRB Infrastructure Developers 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
	Proposed Long Term Bank Facility	Long-term	INR 2600 Cr	ACUITE AA- Stable
7th Dec 20	Opaque Ceramics Private Limited			Instrument & Lender Details Opaque Ceramics 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 14.5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 2 Cr	ACUITE BB+
7th Dec 20	Parth Diamond Private Limited			Instrument & Lender Details Parth Diamond 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 1.5 Cr	ACUITE A4
	Proposed Bank Guarantee	Short-term	INR 3 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10.5 Cr	ACUITE BB- Stable
7th Dec 20	Anofol Far East Anodizing Private Limited			Instrument & Lender Details Anofol Far East Anodizing 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
	Bank Guarantee (BLR)	Short-term	INR 0.2 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 2.39 Cr	ACUITE A4
	Cash Credit	Long-term	INR 1 Cr	ACUITE B
	Term Loan	Long-term	INR 3.21 Cr	ACUITE B
7th Dec 20	PCI Limited			Instrument & Lender Details PCI 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
	Bank Guarantee (BLR)	Short-term	INR 48 Cr	ACUITE D
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE D
	Bank Guarantee (BLR)	Short-term	INR 16 Cr	ACUITE D
	Letter of Credit	Short-term	INR 10 Cr	ACUITE D
	Letter of Credit	Short-term	INR 16 Cr	ACUITE D
	Cash Credit	Long-term	INR 27 Cr	ACUITE D
	Cash Credit	Long-term	INR 10 Cr	ACUITE D
	Cash Credit	Long-term	INR 18 Cr	ACUITE D
	Secured Overdraft	Long-term	INR 65 Cr	ACUITE D
	Working Capital Term Loan	Long-term	INR 22 Cr	ACUITE D
7th Dec 20	Phils Heavy Engineering Private Limited			Instrument & Lender Details Phils Heavy 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 3 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 6.37 Cr	ACUITE BBB Stable
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 20.6 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 36.53 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 23.5 Cr	ACUITE A3+
	PC/PCFC	Short-term	INR 15 Cr	ACUITE A3+
7th Dec 20	Lakshmee Cashews			Instrument & Lender Details Lakshmee Cashews To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 1 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 2.71 Cr	ACUITE B-
	Term Loan	Long-term	INR 1.79 Cr	ACUITE B-
4th Dec 20	Lamina Foundries Limited			Instrument & Lender Details Lamina Foundries 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 3.9 Cr	ACUITE B+ Negative
	Cash Credit	Long-term	INR 4.1 Cr	ACUITE B+ Negative
	Cash Credit	Long-term	INR 2.7 Cr	ACUITE B+ Negative
	Cash Credit	Long-term	INR 0.6 Cr	ACUITE B+ Negative
	Proposed Long Term Bank Facility	Long-term	INR 3.16 Cr	ACUITE B+ Negative
	Term Loan	Long-term	INR 0.55 Cr	ACUITE B+ Negative
	Letter of Credit	Short-term	INR 4.8 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 4.8 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 3.29 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 1.6 Cr	ACUITE A4
4th Dec 20	Lamina International			Instrument & Lender Details Lamina International To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A4
	PC/PCFC	Short-term	INR 1.85 Cr	ACUITE A4
4th Dec 20	Lokhandwala Kataria Construction Private Limited			Instrument & Lender Details Lokhandwala Kataria Construction 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 + 6 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 50 Cr	ACUITE C
	Non-Covertible Debentures (NCD)	Long-term	INR 149 Cr	ACUITE C
	Proposed Non Convertible Debentures	Long-term	INR 101 Cr	ACUITE Provisional C
	Proposed Non Convertible Debentures	Long-term	INR 100 Cr	ACUITE Provisional C
4th Dec 20	Maruti Ferrous Private Limited			Instrument & Lender Details Maruti Ferrous 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 32 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 3 Cr	ACUITE BBB+ Stable
4th Dec 20	Sunil Ispat & Power Limited			Instrument & Lender Details Sunil Ispat & Power 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
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Proposed Short Term Bank Facility	Short-term	INR 5 Cr	ACUITE A2
4th Dec 20	Welspun Enterprises Limited			Instrument & Lender Details Welspun Enterprises 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
	Non-Covertible Debentures (NCD)	Long-term	INR 100 Cr	ACUITE AA- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 100 Cr	ACUITE AA- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 175 Cr	ACUITE AA- Stable
	Commercial Paper Program	Short-term	INR 225 Cr	ACUITE A1+
4th Dec 20	Balaji Industrial And Agricultural Castings Private Limited			Instrument & Lender Details Balaji Industrial And Agricultural Castings 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
	Bank Guarantee (BLR)	Short-term	INR 7 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4
	Proposed Bank Guarantee	Short-term	INR 5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5.6 Cr	ACUITE B Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.48 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 0.56 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 1.36 Cr	ACUITE B Stable
4th Dec 20	Banashankari Chemicals Private Limited			Instrument & Lender Details Banashankari 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 5 + 6 = I am not a robot
	Cash Credit	Long-term	INR 3.1 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 4.6 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 10.3 Cr	ACUITE BB Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.25 Cr	ACUITE BB Stable
	Working Capital Term Loan	Long-term	INR 1.75 Cr	ACUITE BB Stable
4th Dec 20	Banashankari Industries Private Limited			Instrument & Lender Details Banashankari Industries 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
	Cash Credit	Long-term	INR 3.9 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 5.07 Cr	ACUITE BB Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.25 Cr	ACUITE BB Stable
	Working Capital Term Loan	Long-term	INR 0.78 Cr	ACUITE BB Stable
4th Dec 20	Cashpor Micro Credit			Instrument & Lender Details Cashpor Micro Credit 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
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE A Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 100 Cr	ACUITE A Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 50 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.08 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.92 Cr	ACUITE A Stable
	Proposed Non Convertible Debentures	Long-term	INR 25 Cr	ACUITE A Stable
	Secured Overdraft	Long-term	INR 15 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 27.5 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 250 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 18.34 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 57.52 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 75 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 8.28 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 69.04 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 10.85 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 20.45 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 3.03 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 0.83 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 3.61 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 3.57 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 59.36 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 32.38 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 57.14 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 85.71 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 12.5 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 9.52 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 64.29 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 9.33 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 14.93 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 48.48 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 6.67 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 28.55 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 43.63 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 4.58 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 16.78 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 4.17 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 9.17 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 75 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 9.5 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 21.5 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 86.68 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 35 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 75 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 5 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
	Term Loan	Long-term	INR 0.17 Cr	ACUITE A
	Term Loan	Long-term	INR 1 Cr	ACUITE A
4th Dec 20	DRA Industries Limited			Instrument & Lender Details DRA 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 7 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 45 Cr	ACUITE D
	Cash Credit	Long-term	INR 30 Cr	ACUITE D