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Date	Entity Name			Rating Action
4th Apr 24	EXCEL ELECTRIC PRIVATE LIMITED			Instrument & Lender Details EXCEL ELECTRIC 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 + 2 = I am not a robot
	Cash Credit	Long-term	INR 4 Cr	ACUITE D
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE D
	Term Loan	Long-term	INR 2.41 Cr	ACUITE D
4th Apr 24	FLEXO FOAM PRIVATE LIMITED			Instrument & Lender Details FLEXO FOAM 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
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4
	Cash Credit	Long-term	INR 2.5 Cr	ACUITE B
	Term Loan	Long-term	INR 1.5 Cr	ACUITE B
4th Apr 24	AVI AGRI BUSINESS LIMITED			Instrument & Lender Details AVI AGRI BUSINESS 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 + 8 = I am not a robot
	Packing Credit	Short-term	INR 39 Cr	ACUITE A3
	Cash Credit	Long-term	INR 109 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 9.34 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 2.03 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 26 Cr	ACUITE BBB- Stable
	Proposed Long Term Loan	Long-term	INR 14.63 Cr	ACUITE BBB- Stable
3rd Apr 24	B SQUARE DEVELOPERS			Instrument & Lender Details B SQUARE DEVELOPERS 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
	Term Loan	Long-term	INR 99 Cr	ACUITE BB-
3rd Apr 24	INDO ALLIED PROTEIN FOODS PRIVATE LIMITED			Instrument & Lender Details INDO ALLIED PROTEIN FOODS 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 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.8 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 40 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 9.2 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
3rd Apr 24	SAROJ ENTERPRISE			Instrument & Lender Details SAROJ ENTERPRISE 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
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
	Proposed Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
3rd Apr 24	SHIVA ENTERPRISE			Instrument & Lender Details SHIVA ENTERPRISE 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 25 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
3rd Apr 24	SITARA CONDUCTORS AND CABLES PRIVATE LIMITED			Instrument & Lender Details SITARA CONDUCTORS AND CABLES 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE D
	Cash Credit	Long-term	INR 4 Cr	ACUITE D
	Term Loan	Long-term	INR 0.4 Cr	ACUITE D
3rd Apr 24	NAMRA FINANCE LIMITED			Instrument & Lender Details NAMRA 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 3 + 3 = I am not a robot
	Cash Credit	Long-term	INR 1 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.03 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.91 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.63 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.08 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.07 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.42 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.7 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.73 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.88 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.76 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 5.45 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.37 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.24 Cr	ACUITE A- Stable
	Proposed principal protected market linked debentures	Long-term	INR 5.2 Cr	ACUITE PP-MLD A- Stable
	Term Loan	Long-term	INR 12.73 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.24 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.33 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.67 Cr	ACUITE A- Stable
	Proposed Term Loan	Long-term	INR 4.34 Cr	ACUITE A- Stable
	Principal protected market linked debentures	Long-term	INR 30 Cr	ACUITE PP-MLD A- Stable
	Principal protected market linked debentures	Long-term	INR 6.8 Cr	ACUITE PP-MLD A- Stable
	Term Loan	Long-term	INR 15.64 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 18 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.38 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.17 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.86 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 69.52 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.1 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 22.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 19.44 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 40 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 19.14 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 19.17 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE A- Stable
	Proposed Term Loan	Long-term	INR 173 Cr	ACUITE A- Stable
3rd Apr 24	ARMAN FINANCIAL SERVICES LIMITED			Instrument & Lender Details ARMAN 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 9 + 2 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.56 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.06 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.29 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 39.79 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.37 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.43 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 30 Cr	ACUITE A- Stable
	Principal protected market linked debentures	Long-term	INR 20 Cr	ACUITE PP-MLD A- Stable
	Principal protected market linked debentures	Long-term	INR 25 Cr	ACUITE PP-MLD A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 1 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 24 Cr	ACUITE A- Stable
2nd Apr 24	TAYLORMADE RENEWABLES LIMITED			Instrument & Lender Details TAYLORMADE RENEWABLES 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
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5.5 Cr	ACUITE B+
2nd Apr 24	J S S STEELITALIA LIMITED			Instrument & Lender Details J S S STEELITALIA 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
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A4
	Proposed Cash Credit	Long-term	INR 5 Cr	ACUITE B+
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+
2nd Apr 24	SINGHVI FASHIONS PRIVATE LIMITED			Instrument & Lender Details SINGHVI FASHIONS 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 3 Cr	ACUITE D
	Term Loan	Long-term	INR 13.34 Cr	ACUITE D
	Cash Credit	Long-term	INR 1.25 Cr	ACUITE D
	Term Loan	Long-term	INR 2.41 Cr	ACUITE D
2nd Apr 24	S R S EXPORTS PRIVATE LIMITED			Instrument & Lender Details S R S 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 8 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 30 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5 Cr	ACUITE B+ Stable
2nd Apr 24	SANTHOSH BUILDWEL INFRA PRIVATE LIMITED			Instrument & Lender Details SANTHOSH BUILDWEL 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 5 + 9 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 5.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 24 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB+ Stable
2nd Apr 24	PRIDE PROPERTIES PRIVATE LIMITED			Instrument & Lender Details PRIDE PROPERTIES 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
	Non-Covertible Debentures (NCD)	Long-term	INR 7.5 Cr	ACUITE D
	Proposed Non Convertible Debentures	Long-term	INR 2.5 Cr	ACUITE Provisional C
2nd Apr 24	ATTHARV SAI FLEXIPACK PRIVATE LIMITED			Instrument & Lender Details ATTHARV SAI FLEXIPACK 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
	Letter of Credit	Short-term	INR 30 Cr	ACUITE A4+
	Term Loan	Long-term	INR 15.12 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 11 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 4.58 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 4.12 Cr	ACUITE BB+ Stable
	Proposed Cash Credit	Long-term	INR 12 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 8.25 Cr	ACUITE BB+ Stable
	Proposed Cash Credit	Long-term	INR 3.25 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.68 Cr	ACUITE BB+ Stable
2nd Apr 24	AMZ PACKAGING PRIVATE LIMITED			Instrument & Lender Details AMZ PACKAGING 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 0.05 Cr	ACUITE A4
	Term Loan	Long-term	INR 7.7 Cr	ACUITE B-
	Cash Credit	Long-term	INR 1 Cr	ACUITE B-
2nd Apr 24	PARAS BHAVANI STEEL PRIVATE LIMITED			Instrument & Lender Details PARAS BHAVANI STEEL 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 + 3 = I am not a robot
	Letter of Credit	Short-term	INR 12 Cr	ACUITE D
	Letter of Credit	Short-term	INR 10 Cr	ACUITE D
	Proposed Long Term Loan	Long-term	INR 6.68 Cr	ACUITE D
	Cash Credit	Long-term	INR 25 Cr	ACUITE D
	Cash Credit	Long-term	INR 8 Cr	ACUITE D
	Term Loan	Long-term	INR 2.9 Cr	ACUITE D
	Term Loan	Long-term	INR 3.48 Cr	ACUITE D
	Term Loan	Long-term	INR 0.04 Cr	ACUITE D
	Term Loan	Long-term	INR 0.4 Cr	ACUITE D
2nd Apr 24	TOYOP RELIEF PRIVATE LIMITED			Instrument & Lender Details TOYOP RELIEF 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 + 5 = I am not a robot
	PC/PCFC	Short-term	INR 5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 7 Cr	ACUITE A4+
	Proposed Packing Credit	Short-term	INR 37.44 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 6 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1.02 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.54 Cr	ACUITE BB-