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Date	Entity Name			Rating Action
23rd Feb 24	INTEGRAL INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details INTEGRAL 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 + 7 = I am not a robot
	Letter of Credit	Long-term	INR 45 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 35 Cr	ACUITE BB+
23rd Feb 24	J S FOURWHEEL MOTORS PRIVATE LIMITED			Instrument & Lender Details J S FOURWHEEL MOTORS 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 17 Cr	ACUITE BB+
23rd Feb 24	MULTI SALES PRIVATE LIMITED			Instrument & Lender Details MULTI SALES 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	Long-term	INR 5.5 Cr	ACUITE B+
23rd Feb 24	ORNATE SPACES PRIVATE LIMITED			Instrument & Lender Details ORNATE SPACES 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
	Term Loan	Long-term	INR 550 Cr	ACUITE BB-
23rd Feb 24	PATEL TIMBER CORPORATION			Instrument & Lender Details PATEL TIMBER CORPORATION 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
	Letter of Credit	Short-term	INR 2.5 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.25 Cr	ACUITE B
23rd Feb 24	RNV INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details RNV 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 7 + 7 = I am not a robot
	Letter of Credit	Long-term	INR 200 Cr	ACUITE BB+
23rd Feb 24	EVEREST NISARG GREENLAND DEVELOPERS PRIVATE LIMITED			Instrument & Lender Details EVEREST NISARG GREENLAND DEVELOPERS 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 + 6 = I am not a robot
	Proposed Non Convertible Debentures	Long-term	INR 175 Cr	ACUITE Provisional B+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 165 Cr	ACUITE B+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 180 Cr	ACUITE B+ Stable
23rd Feb 24	AAREY DRUGS AND PHARMACEUTICALS LIMITED			Instrument & Lender Details AAREY DRUGS AND PHARMACEUTICALS 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 10 Cr	ACUITE A3+
	Proposed Short Term Bank Facility	Short-term	INR 10.05 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB Negative
	Cash Credit	Long-term	INR 19.5 Cr	ACUITE BBB Negative
	Proposed Long Term Bank Facility	Long-term	INR 25 Cr	ACUITE BBB Negative
23rd Feb 24	SUPERHOUSE LIMITED			Instrument & Lender Details SUPERHOUSE 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 33 Cr	ACUITE A2+
	Derivative Exposure	Short-term	INR 7 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 18 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	FBN/FBP/FBD/PSFC/FBE	Long-term	INR 50 Cr	ACUITE A- Stable
	PC/PCFC	Long-term	INR 83 Cr	ACUITE A- Stable
	Stand By Gold Card	Long-term	INR 8 Cr	ACUITE A- Stable
23rd Feb 24	ASIAN BEVERAGE PRIVATE LIMITED			Instrument & Lender Details ASIAN BEVERAGE 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 + 9 = I am not a robot
	Letter of Credit	Short-term	INR 10 Cr	ACUITE D
	Cash Credit	Long-term	INR 5 Cr	ACUITE D
	Term Loan	Long-term	INR 20 Cr	ACUITE D
	Proposed Long Term Loan	Long-term	INR 0.1 Cr	ACUITE D
23rd Feb 24	KANCO TEA AND INDUSTRIES LIMITED			Instrument & Lender Details KANCO TEA AND 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 2 + 4 = I am not a robot
	Letter of Credit	Short-term	INR 1.8 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 0.3 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 21.5 Cr	ACUITE BB+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 3.5 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 11.82 Cr	ACUITE BB+ Stable
23rd Feb 24	BELSTAR MICROFINANCE LIMITED			Instrument & Lender Details BELSTAR MICROFINANCE 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
	Principal protected market linked debentures	Long-term	INR 125 Cr	ACUITE PP-MLD AA Stable
23rd Feb 24	BALAJI ENTERPRISES (ULHASNAGAR)			Instrument & Lender Details BALAJI ENTERPRISES (ULHASNAGAR) To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 7 = I am not a robot
	Cash Credit	Long-term	INR 25 Cr	ACUITE BB+ Stable
23rd Feb 24	PINKKU TRADERS			Instrument & Lender Details PINKKU TRADERS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 7 = I am not a robot
	Cash Credit	Long-term	INR 40 Cr	ACUITE BB+ Stable
23rd Feb 24	VTC TRANSPORT PRIVATE LIMITED			Instrument & Lender Details VTC 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 4 + 1 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.95 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.05 Cr	ACUITE B+
22nd Feb 24	AGILE SECURITY FORCE PRIVATE LIMITED			Instrument & Lender Details AGILE SECURITY FORCE 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB Stable
22nd Feb 24	G A RANDERIAN PRIVATE LIMITED			Instrument & Lender Details G A RANDERIAN 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 + 2 = I am not a robot
	PC/PCFC	Short-term	INR 10 Cr	ACUITE A4 Stable
	Post Shipment Credit	Short-term	INR 10 Cr	ACUITE A4 Stable
	Proposed Short Term Bank Facility	Short-term	INR 5 Cr	ACUITE A4 Stable
22nd Feb 24	KAY KAY TRADING COMPANY			Instrument & Lender Details KAY KAY TRADING COMPANY 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 20 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
22nd Feb 24	OCEANIC TRADE MINERALS PRIVATE LIMITED			Instrument & Lender Details OCEANIC TRADE MINERALS 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 + 3 = I am not a robot
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
22nd Feb 24	AKME FINTRADE INDIA LIMITED			Erratum \| Instrument & Lender Details AKME FINTRADE 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 2 + 6 = I am not a robot
	Proposed Long Term Loan	Long-term	INR 1.11 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.15 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 50 Cr	ACUITE BBB Stable
	Proposed Long Term Loan	Long-term	INR 0.79 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.59 Cr	ACUITE BBB Stable
	Proposed Term Loan	Long-term	INR 0.44 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE Not Applicable
	Proposed Non Convertible Debentures	Long-term	INR 10 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 3 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 70.91 Cr	ACUITE BBB Stable
	Proposed Term Loan	Long-term	INR 9.01 Cr	ACUITE BBB Stable
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE BBB Stable
	Proposed Term Loan	Long-term	INR 20 Cr	ACUITE BBB Stable