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Date	Entity Name			Rating Action
9th Mar 20	Innovative Microfinance For Poverty Alleviation And Community Transformation			Instrument & Lender Details Innovative Microfinance For Poverty Alleviation And Community Transformation 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
	Proposed Long Term Bank Facility	Long-term	INR 0.01 Cr	ACUITE B
	Term Loan	Long-term	INR 3.75 Cr	ACUITE B
	Term Loan	Long-term	INR 9.54 Cr	ACUITE B
	Term Loan	Long-term	INR 9.5 Cr	ACUITE B
	Term Loan	Long-term	INR 5 Cr	ACUITE B
	Term Loan	Long-term	INR 5 Cr	ACUITE B
	Term Loan	Long-term	INR 2 Cr	ACUITE B
6th Mar 20	Supreme Batteries Private Limited			Instrument & Lender Details Supreme Batteries 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
	Letter of Credit	Short-term	INR 10 Cr	ACUITE D
	Letter of Credit	Short-term	INR 8 Cr	ACUITE D
	Bank Guarantee (BLR)	Long-term	INR 0.5 Cr	ACUITE D
	Cash Credit	Long-term	INR 35 Cr	ACUITE D
	Cash Credit	Long-term	INR 10 Cr	ACUITE D
	Term Loan	Long-term	INR 2.5 Cr	ACUITE D
6th Mar 20	Tushar Traders			Instrument & Lender Details Tushar Traders 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
	Letter of Credit	Short-term	INR 1.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
6th Mar 20	United Industries Automotive Plastic Private Limited			Instrument & Lender Details United Industries Automotive Plastic 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 4.5 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 4.57 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 23.93 Cr	ACUITE BB Stable
6th Mar 20	Vaghani Inc			Instrument & Lender Details Vaghani Inc 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
	Letter of Credit	Short-term	INR 44 Cr	ACUITE A4
6th Mar 20	Boss Computers Private Limited			Instrument & Lender Details Boss Computers 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 + 2 = I am not a robot
	Cash Credit	Long-term	INR 6 Cr	ACUITE D
	Term Loan	Long-term	INR 5 Cr	ACUITE D
6th Mar 20	Diach Chemicals and Pigments Private Limited			Instrument & Lender Details Diach Chemicals and Pigments 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
	Cash Credit	Long-term	INR 20 Cr	ACUITE BB Stable
6th Mar 20	Eco Fuel Systems India Private Limited			Instrument & Lender Details Eco Fuel Systems 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 8 + 3 = I am not a robot
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A4
	Cash Credit	Long-term	INR 14.5 Cr	ACUITE BB-
6th Mar 20	Impression Furniture Industries			Instrument & Lender Details Impression Furniture 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 1.5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 6 Cr	ACUITE BB
6th Mar 20	Kaizen Auto			Instrument & Lender Details Kaizen Auto 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 5.5 Cr	ACUITE D
	Term Loan	Long-term	INR 14.5 Cr	ACUITE D
6th Mar 20	Madan Udyog Private Limited			Instrument & Lender Details Madan Udyog 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 9.97 Cr	ACUITE BB-
6th Mar 20	Magma Housing Finance Limited			Instrument & Lender Details Magma Housing Finance 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
	Proposed Non Convertible Debentures	Long-term	INR 100 Cr	ACUITE AA
6th Mar 20	Mahalaxmi Dhatu Udhyog Private Limited			Instrument & Lender Details Mahalaxmi Dhatu Udhyog 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
	Bank Guarantee (BLR)	Short-term	INR 4 Cr	ACUITE A4
	Cash Credit	Long-term	INR 12 Cr	ACUITE B+
6th Mar 20	MAS Financial Services Limited			Instrument & Lender Details MAS Financial Services 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 + 1 = I am not a robot
	Proposed Commercial Paper Program	Short-term	INR 300 Cr	ACUITE A1+
	Cash Credit	Long-term	INR 1795 Cr	ACUITE AA- Stable
	Proposed Cash Credit	Long-term	INR 205 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 37.5 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 6 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 14 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 6.64 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 50.14 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 29.74 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 31.05 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 6 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 35 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 6.3 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 10.56 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 13.19 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 45.33 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 31.55 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 14.1 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 38.98 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 34.37 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 38.89 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 22.92 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 46.45 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 120.83 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 90.91 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 97.5 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 200 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 25.96 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE AA- Stable
	Proposed Long Term Loan	Long-term	INR 936.11 Cr	ACUITE AA- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE AA-
	Term Loan	Long-term	INR 1.67 Cr	ACUITE AA-
	Term Loan	Long-term	INR 1.25 Cr	ACUITE AA-
	Term Loan	Long-term	INR 1.9 Cr	ACUITE AA-
	Term Loan	Long-term	INR 5 Cr	ACUITE AA-
	Term Loan	Long-term	INR 20 Cr	ACUITE AA-
6th Mar 20	Megatherm Induction Private Limited			Instrument & Lender Details Megatherm Induction 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 + 3 = I am not a robot
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 16.48 Cr	ACUITE BB+ Stable
	Bank Guarantee (BLR)	Short-term	INR 7 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 18 Cr	ACUITE A4+
	PC/PCFC	Short-term	INR 7 Cr	ACUITE A4+
6th Mar 20	Monga Brothers Limited			Instrument & Lender Details Monga Brothers 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 + 5 = I am not a robot
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 11 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.08 Cr	ACUITE BB-
	Proposed Long Term Loan	Long-term	INR 0.19 Cr	ACUITE BB-
6th Mar 20	Morgan Milk And Dairy Industries Private Limited			Instrument & Lender Details Morgan Milk And Dairy 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 6 + 9 = I am not a robot
	Cash Credit	Long-term	INR 3 Cr	ACUITE B-
	Term Loan	Long-term	INR 15 Cr	ACUITE B-
6th Mar 20	N S P Tex			Instrument & Lender Details N S P Tex To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 3 = I am not a robot
	Bills Discounting	Short-term	INR 6 Cr	ACUITE A4
	PC/PCFC	Short-term	INR 8 Cr	ACUITE A4
	Term Loan	Long-term	INR 2.2 Cr	ACUITE B
6th Mar 20	NIPANI INFRA AND INDUSTRIES PRIVATE LIMITED (ERSTWHILE NIPANI INDUSTRIES)			Instrument & Lender Details NIPANI INFRA AND INDUSTRIES PRIVATE LIMITED (ERSTWHILE NIPANI 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 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 12 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 1.5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB+
6th Mar 20	Ono Uniforms Private Limited			Instrument & Lender Details Ono Uniforms 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 + 2 = I am not a robot
	Bills Discounting	Short-term	INR 10 Cr	ACUITE A4