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Date	Entity Name				Rating Action
30th Mar 24	JAGDAMBA ISPAT PRIVATE LIMITED				Instrument & Lender Details JAGDAMBA ISPAT 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
	Bank Guarantee (BLR)		Short-term	INR 2.25 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 12 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility		Long-term	INR 1.75 Cr	ACUITE BB- Stable
30th Mar 24	BRGD SPONGE AND IRON PRIVATE LIMITED				Instrument & Lender Details BRGD SPONGE AND IRON 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
	Bank Guarantee (BLR)		Short-term	INR 12 Cr	ACUITE A3+
	Bank Guarantee (BLR)		Short-term	INR 8.5 Cr	ACUITE A3+
	Cash Credit		Long-term	INR 10 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 20 Cr	ACUITE BBB Stable
	Cash Credit		Long-term	INR 10 Cr	ACUITE BBB Stable
	Working Capital Term Loan		Long-term	INR 20 Cr	ACUITE BBB Stable
	Cash Credit		Long-term	INR 10 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 10 Cr	ACUITE BBB Stable
30th Mar 24	APOLLO MICRO SYSTEMS LIMITED				Instrument & Lender Details APOLLO MICRO SYSTEMS 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/Letter of Guarantee		Short-term	INR 50 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 35 Cr	ACUITE A3+
	Cash Credit		Long-term	INR 57.5 Cr	ACUITE BBB Stable
	Cash Credit		Long-term	INR 77.5 Cr	ACUITE BBB Stable
	Cash Credit		Long-term	INR 24.5 Cr	ACUITE BBB Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 24 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 110 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 15 Cr	ACUITE BBB Stable
30th Mar 24	GAGAN FERROTECH LIMITED				Instrument & Lender Details GAGAN FERROTECH 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 + 1 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 10 Cr	ACUITE A1
	Bank Guarantee (BLR)		Short-term	INR 7.5 Cr	ACUITE A1
	Letter of Credit		Short-term	INR 14.75 Cr	ACUITE A1
	Bank Guarantee (BLR)		Short-term	INR 8 Cr	ACUITE A1
	Letter of Credit		Short-term	INR 9 Cr	ACUITE A1
	Letter of Credit		Short-term	INR 20.5 Cr	ACUITE A1
	Letter of Credit		Short-term	INR 24 Cr	ACUITE A1
	Proposed Bank Guarantee		Short-term	INR 10 Cr	ACUITE A1
	Proposed Long Term Bank Facility		Long-term	INR 6.83 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 40 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 75 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 50 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 20 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 45 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 20 Cr	ACUITE A+ Stable
	Proposed Cash Credit		Long-term	INR 50 Cr	ACUITE A+ Stable
30th Mar 24	Shakambhari Overseas Trades Private Limited				Instrument & Lender Details Shakambhari Overseas Trades 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 + 7 = I am not a robot
	Letter of Credit		Short-term	INR 1 Cr	ACUITE A1
	Bank Guarantee (BLR)		Short-term	INR 7 Cr	ACUITE A1
	Proposed Bank Guarantee		Short-term	INR 6 Cr	ACUITE A1
	Term Loan		Long-term	INR 15 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 34.82 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 6.72 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 7 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 16 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 7 Cr	ACUITE A+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 2.68 Cr	ACUITE A+ Stable
	Proposed Cash Credit		Long-term	INR 20 Cr	ACUITE A+ Stable
30th Mar 24	GAJANAN IRON PRIVATE LIMITED				Instrument & Lender Details GAJANAN IRON 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 + 5 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 2.03 Cr	ACUITE A1
	Bank Guarantee (BLR)		Short-term	INR 12.97 Cr	ACUITE A1
	Bank Guarantee (BLR)		Short-term	INR 10 Cr	ACUITE A1
	Cash Credit		Long-term	INR 38 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 10.22 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 30 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 18.14 Cr	ACUITE A+ Stable
	Proposed Cash Credit		Long-term	INR 20 Cr	ACUITE A+ Stable
30th Mar 24	SPINTECH TUBES PRIVATE LIMITED				Instrument & Lender Details SPINTECH TUBES 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
	Term Loan		Long-term	INR 165 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 70 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 150 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 70 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 70 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 50 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 35 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 60 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Letter of Credit		Short-term	INR 12.5 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 2.5 Cr	ACUITE BBB+ Stable
30th Mar 24	WEST BENGAL STATE ELECTRICITY TRANSMISSION COMPANY LIMITED				Instrument & Lender Details WEST BENGAL STATE ELECTRICITY TRANSMISSION 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 6 + 1 = I am not a robot
	Term Loan		Long-term	INR 109.71 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 75 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 390.25 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 54 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 434.4 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 618.12 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 100 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 243.75 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 236.54 Cr	ACUITE A+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 265.64 Cr	ACUITE A+ Stable
	Proposed Cash Credit		Long-term	INR 19.98 Cr	ACUITE A+ Stable
	Cash Credit		Long-term	INR 80 Cr	ACUITE A+ Stable
29th Mar 24	OZONE LOGISTICS PRIVATE LIMITED				Instrument & Lender Details OZONE LOGISTICS 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 + 9 = I am not a robot
	Cash Credit		Long-term	INR 50 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 7.5 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 39 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 47 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 2.74 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 1.35 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 0.74 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 3.33 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 8.34 Cr	ACUITE BBB+ Stable
29th Mar 24	SHRI RAM MALL PRIVATE LIMITED				Instrument & Lender Details SHRI RAM MALL 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 + 3 = I am not a robot
	Secured Overdraft		Long-term	INR 1.75 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 15.25 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 85 Cr	ACUITE BBB+ Stable
29th Mar 24	SHRI RAM MULTICOM PRIVATE LIMITED				Instrument & Lender Details SHRI RAM MULTICOM 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/Letter of Guarantee		Short-term	INR 5.24 Cr	ACUITE A2
	Term Loan		Long-term	INR 66.4 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 13 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 7.05 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 4.25 Cr	ACUITE BBB+ Stable
	Covid Emergency Line.		Long-term	INR 8 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 24 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 21 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 1.06 Cr	ACUITE BBB+ Stable
29th Mar 24	SHRI RAM OZONE RETAIL PRIVATE LIMITED				Instrument & Lender Details SHRI RAM OZONE RETAIL 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
	Cash Credit		Long-term	INR 1.25 Cr	ACUITE BBB+ Stable
	Channel/Dealer/Vendor Financing		Long-term	INR 34.25 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 4 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 0.62 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 2.2 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 0.56 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 1.09 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 1.03 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 15 Cr	ACUITE BBB+ Stable
29th Mar 24	SHRI RAM PRECISIONS				Instrument & Lender Details SHRI RAM PRECISIONS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 1 = I am not a robot
	Channel/Dealer/Vendor Financing		Long-term	INR 35 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 1.2 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 1.78 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 0.7 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 1 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 5.32 Cr	ACUITE BBB+ Stable
29th Mar 24	SHRI RAM RESIDENCY PRIVATE LIMITED				Instrument & Lender Details SHRI RAM RESIDENCY 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
	Dropline Overdraft		Long-term	INR 16.08 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 22 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 2.17 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 1.75 Cr	ACUITE BBB+ Stable
29th Mar 24	V P TEX PRIVATE LIMITED				Instrument & Lender Details V P TEX 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 + 5 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 1 Cr	ACUITE A3
	Term Loan		Long-term	INR 1.68 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 1.7 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 15 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 15 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 4.37 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 5.76 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 3.48 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 1.19 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 3.14 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 3.36 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 0.06 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 10 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 12.93 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 6.71 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 6.29 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 1.21 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 0.86 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 7.61 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 9.05 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 7.71 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 8.14 Cr	ACUITE BBB- Stable
	Proposed Long Term Loan		Long-term	INR 0.75 Cr	ACUITE BBB- Stable
29th Mar 24	JALAN INTER CONTINENTAL HOTELS PRIVATE LIMITED				Instrument & Lender Details JALAN INTER CONTINENTAL HOTELS 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
	Term Loan		Long-term	INR 75 Cr	ACUITE BBB+ Stable
	Proposed Term Loan		Long-term	INR 0.04 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 15.98 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 11.96 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan		Long-term	INR 4.02 Cr	ACUITE BBB+ Stable
29th Mar 24	NETWORK CLOTHING COMPANY PRIVATE LIMITED				Instrument & Lender Details NETWORK CLOTHING COMPANY 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 + 3 = I am not a robot
	PC/PCFC		Short-term	INR 26 Cr	ACUITE A3+
	PC/PCFC		Short-term	INR 16.5 Cr	ACUITE A3+
	Bank Guarantee (BLR)		Short-term	INR 0.5 Cr	ACUITE A3+
	Cash Credit		Long-term	INR 13 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility		Long-term	INR 24.2 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 7.8 Cr	ACUITE BBB Stable
29th Mar 24	AGRA NAGAR NIGAM				Instrument & Lender Details AGRA NAGAR NIGAM 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 Bond		Long-term	INR 50 Cr	ACUITE Provisional AA Stable
29th Mar 24	INDORE MUNICIPAL CORPORATION				Instrument & Lender Details INDORE MUNICIPAL CORPORATION 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
	Non-Covertible Debentures (NCD)		Long-term	INR 139.9 Cr	ACUITE AA Stable
	Term Loan		Long-term	INR 150 Cr	ACUITE AA Stable
	Term Loan		Long-term	INR 170 Cr	ACUITE AA Stable
	Proposed Non Convertible Debentures		Long-term	INR 30.1 Cr	ACUITE AA Stable
29th Mar 24	INDIGO COLLECTIONS PRIVATE LIMITED				Instrument & Lender Details INDIGO COLLECTIONS 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 + 7 = I am not a robot
	Cash Credit		Short-term	INR 1.2 Cr	ACUITE D
	Letter of Credit		Short-term	INR 2.25 Cr	ACUITE D
	PC/PCFC		Long-term	INR 6 Cr	ACUITE D