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Date	Entity Name				Rating Action
13th May 24	KIRTIMAN CEMENT & PACKAGING INDUSTRIES LIMITED				Instrument & Lender Details KIRTIMAN CEMENT & PACKAGING 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 5 + 3 = I am not a robot
	Cash Credit		Long-term	INR 10 Cr	ACUITE D
13th May 24	KNK SHIP MANAGEMENT				Instrument & Lender Details KNK SHIP MANAGEMENT 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
	Proposed Term Loan		Long-term	INR 50 Cr	ACUITE B+
13th May 24	MARUTI COTTON INDUSTRIES				Instrument & Lender Details MARUTI COTTON INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 4 = I am not a robot
	Cash Credit		Long-term	INR 8.5 Cr	ACUITE D
	Term Loan		Long-term	INR 1 Cr	ACUITE D
13th May 24	PRIMO FASHIONS				Instrument & Lender Details PRIMO FASHIONS 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
	PC/PCFC		Short-term	INR 7.45 Cr	ACUITE A4
	Cash Credit		Long-term	INR 2.5 Cr	ACUITE B+
13th May 24	SHREE PADMAVATI ENGINEERS (INDIA) PRIVATE LIMITED				Instrument & Lender Details SHREE PADMAVATI ENGINEERS (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 3 + 3 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 16.5 Cr	ACUITE A4+
	Proposed Bank Guarantee		Short-term	INR 7.5 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 3 Cr	ACUITE BB-
13th May 24	SABARMATI PAPERS PRIVATE LIMITED				Instrument & Lender Details SABARMATI PAPERS 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 + 2 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 1.27 Cr	ACUITE A4
	Proposed Long Term Bank Facility		Long-term	INR 1.73 Cr	ACUITE B+
	Term Loan		Long-term	INR 2.97 Cr	ACUITE B+
	Term Loan		Long-term	INR 1.03 Cr	ACUITE B+
	Cash Credit		Long-term	INR 12 Cr	ACUITE B+
13th May 24	VARDHMAN JEWELLERS				Instrument & Lender Details VARDHMAN JEWELLERS 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
	Metal Loan		Long-term	INR 6 Cr	ACUITE B+
10th May 24	SUKSHETRA INFRA PROJECTS PRIVATE LIMITED				Instrument & Lender Details SUKSHETRA INFRA PROJECTS 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
	Proposed Bank Guarantee		Short-term	INR 8 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 30 Cr	ACUITE BB+ Stable
	Proposed Cash Credit		Long-term	INR 10 Cr	ACUITE BB+ Stable
10th May 24	SAURASHTRA FUELS PRIVATE LIMITED				Instrument & Lender Details SAURASHTRA FUELS 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 60 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 32 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 19 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 35 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 29 Cr	ACUITE A3+
	Cash Credit		Long-term	INR 25 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 15 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 8 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 15 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 12 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 4.12 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 2.98 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 2.9 Cr	ACUITE BBB- Stable
10th May 24	TAASHEE LINUX SERVICES PRIVATE LIMITED				Instrument & Lender Details TAASHEE LINUX 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 5 + 8 = I am not a robot
	Cash Credit		Long-term	INR 10 Cr	ACUITE BB-
10th May 24	JUHI ALLOYS PRIVATE LIMITED (ERSTWHILE JUHI ALLOYS LIMITED)				Instrument & Lender Details JUHI ALLOYS PRIVATE LIMITED (ERSTWHILE JUHI ALLOYS 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 + 8 = I am not a robot
	Stand By Line of Credit		Short-term	INR 2.5 Cr	ACUITE A1
	Cash Credit		Long-term	INR 20 Cr	ACUITE A Stable
	Cash Credit		Long-term	INR 2.5 Cr	ACUITE A Stable
10th May 24	RIMJHIM STAINLESS LIMITED				Instrument & Lender Details RIMJHIM STAINLESS 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
	Cash Credit		Long-term	INR 18.38 Cr	ACUITE A Stable
	Cash Credit		Long-term	INR 19.12 Cr	ACUITE A Stable
	Cash Credit		Long-term	INR 18.37 Cr	ACUITE A Stable
	Cash Credit		Long-term	INR 19.13 Cr	ACUITE A Stable
9th May 24	SHANKAR RAMCHANDRA EARTHMOVERS PRIVATE LIMITED				Instrument & Lender Details SHANKAR RAMCHANDRA EARTHMOVERS 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 + 9 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 23 Cr	ACUITE A4+
	Letter of Credit		Short-term	INR 9.5 Cr	ACUITE A4+
	Proposed Cash Credit		Long-term	INR 0.08 Cr	ACUITE BB+ Stable
	Secured Overdraft		Long-term	INR 5 Cr	ACUITE BB+ Stable
	Dropline Overdraft		Long-term	INR 5 Cr	ACUITE BB+ Stable
	Dropline Overdraft		Long-term	INR 3.42 Cr	ACUITE BB+ Stable
	Secured Overdraft		Long-term	INR 4 Cr	ACUITE BB+ Stable
9th May 24	CAPITHAN EXPORTING COMPANY				Instrument & Lender Details CAPITHAN EXPORTING COMPANY 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
	PC/PCFC		Short-term	INR 35 Cr	ACUITE A4
	FBN/FBP/FBD/PSFC/FBE		Long-term	INR 15 Cr	ACUITE BB-
9th May 24	ASHWIN CORPORATION				Instrument & Lender Details ASHWIN CORPORATION 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
	Letter of Credit		Short-term	INR 17 Cr	ACUITE Not Applicable
	Proposed Short Term Bank Facility		Short-term	INR 13 Cr	ACUITE Not Applicable
	Cash Credit		Long-term	INR 20 Cr	ACUITE Not Applicable
9th May 24	GGSBY INDUSTRIES PRIVATE LIMITED (ERSTWHILE GHASIRAM GOKALCHAND SHIP BREAKING YARD)				Instrument & Lender Details GGSBY INDUSTRIES PRIVATE LIMITED (ERSTWHILE GHASIRAM GOKALCHAND SHIP BREAKING YARD) 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
	Cash Credit		Long-term	INR 120 Cr	ACUITE BB Not Applicable
	Letter of Credit		Short-term	INR 80 Cr	ACUITE A4+
	Proposed Short Term Bank Facility		Short-term	INR 100 Cr	ACUITE Not Applicable
9th May 24	CHANDI STEEL INDUSTRIES LIMITED				Instrument & Lender Details CHANDI STEEL 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 3 + 7 = I am not a robot
	Proposed Cash Credit		Long-term	INR 25 Cr	ACUITE A- Stable
9th May 24	Venkataramanan Associates				Instrument & Lender Details Venkataramanan Associates To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 8 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 3.3 Cr	ACUITE A4+
	Term Loan		Long-term	INR 27.6 Cr	ACUITE BB+ Stable
	Cash Credit		Long-term	INR 4 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 0.1 Cr	ACUITE BB+ Stable
9th May 24	A P STEELS AND ALLOYS				Instrument & Lender Details A P STEELS AND ALLOYS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 9 = I am not a robot
	Letter of Credit		Short-term	INR 5 Cr	ACUITE D
	Cash Credit		Long-term	INR 6.4 Cr	ACUITE D
	Term Loan		Long-term	INR 5.9 Cr	ACUITE D
9th May 24	ACE NONWOVEN PRIVATE LIMITED				Instrument & Lender Details ACE NONWOVEN 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
	Proposed Short Term Bank Facility		Short-term	INR 1 Cr	ACUITE A4
	Bank Guarantee (BLR)		Short-term	INR 1 Cr	ACUITE A4
	Term Loan		Long-term	INR 8.6 Cr	ACUITE B
	Term Loan		Long-term	INR 0.75 Cr	ACUITE B
	Cash Credit		Long-term	INR 3.9 Cr	ACUITE B
	Proposed Long Term Bank Facility		Long-term	INR 0.8 Cr	ACUITE B