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Date	Entity Name			Rating Action
23rd May 25	SWASTIKA PRINTING AND PACKAGING			Instrument & Lender Details SWASTIKA PRINTING AND PACKAGING 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
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE B
23rd May 25	Inox Wind Limited			Instrument & Lender Details Inox Wind 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 15 Cr	ACUITE A+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 25 Cr	ACUITE A+
	Cash Credit	Long-term	INR 5 Cr	ACUITE A+
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A1+
	Letter of Credit	Short-term	INR 41.5 Cr	ACUITE A1+
	Letter of Credit	Short-term	INR 195 Cr	ACUITE A1+
	Letter of Credit	Short-term	INR 160 Cr	ACUITE A1+
	Letter of Credit	Short-term	INR 100 Cr	ACUITE A1+
	Letter of Credit	Short-term	INR 40 Cr	ACUITE A1+
22nd May 25	G B GUMMI LLP			Instrument & Lender Details G B GUMMI LLP To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 3 = I am not a robot
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 5.05 Cr	ACUITE BBB Stable
22nd May 25	G B RUBBER PRODUCTS			Instrument & Lender Details G B RUBBER PRODUCTS 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
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.45 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE BBB Stable
22nd May 25	AKME FINTRADE INDIA LIMITED			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 + 1 = I am not a robot
	Term Loan	Long-term	INR 22.92 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 1.8 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 11.63 Cr	ACUITE BBB+ Stable
	Proposed Long Term Loan	Long-term	INR 1.11 Cr	ACUITE BBB+ Stable
	Proposed Long Term Loan	Long-term	INR 0.79 Cr	ACUITE BBB+ Stable
	Proposed Term Loan	Long-term	INR 0.44 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 90.3 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Proposed Term Loan	Long-term	INR 9.01 Cr	ACUITE BBB+ Stable
	Proposed Term Loan	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 12 Cr	ACUITE BBB+ Stable
22nd May 25	S R S FINANCE LIMITED			Instrument & Lender Details S R S 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 2 + 3 = I am not a robot
	Cash Credit	Long-term	INR 50 Cr	ACUITE D
	Cash Credit	Long-term	INR 25 Cr	ACUITE D
22nd May 25	EMBABY GENERAL FINANCE INDIA PRIVATE LIMITED			Instrument & Lender Details EMBABY GENERAL FINANCE 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 9 + 8 = I am not a robot
	Cash Credit	Long-term	INR 4.82 Cr	ACUITE BB
	Cash Credit	Long-term	INR 12.32 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 4.43 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.69 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 1.37 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.17 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.06 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.11 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 2.11 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.21 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.29 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 1.49 Cr	ACUITE BB
	Term Loan	Long-term	INR 0.43 Cr	ACUITE BB
	Proposed Long Term Bank Facility	Long-term	INR 1.5 Cr	ACUITE BB
21st May 25	CAPITAL INDIA FINANCE LIMITED			Instrument & Lender Details CAPITAL INDIA 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 6 + 9 = I am not a robot
	Term Loan	Long-term	INR 28.13 Cr	ACUITE A-
	Term Loan	Long-term	INR 11.09 Cr	ACUITE A-
	Term Loan	Long-term	INR 12.5 Cr	ACUITE A-
	Term Loan	Long-term	INR 2.5 Cr	ACUITE A-
	Term Loan	Long-term	INR 14.39 Cr	ACUITE A-
	Term Loan	Long-term	INR 4.55 Cr	ACUITE A-
	Term Loan	Long-term	INR 20.81 Cr	ACUITE A-
	Term Loan	Long-term	INR 11.25 Cr	ACUITE A-
	Term Loan	Long-term	INR 47.22 Cr	ACUITE A-
	Term Loan	Long-term	INR 50 Cr	ACUITE A-
	Term Loan	Long-term	INR 11.67 Cr	ACUITE A-
	Term Loan	Long-term	INR 13.33 Cr	ACUITE A-
	Term Loan	Long-term	INR 1.35 Cr	ACUITE A-
	Term Loan	Long-term	INR 4.48 Cr	ACUITE A-
	Term Loan	Long-term	INR 10 Cr	ACUITE A-
	Term Loan	Long-term	INR 23.53 Cr	ACUITE A-
	Term Loan	Long-term	INR 63.15 Cr	ACUITE A-
	Working Capital Demand Loan (WCDL)	Long-term	INR 25 Cr	ACUITE A-
	Term Loan	Long-term	INR 50 Cr	ACUITE A-
	Term Loan	Long-term	INR 19.97 Cr	ACUITE A-
	Term Loan	Long-term	INR 20.61 Cr	ACUITE A-
	Term Loan	Long-term	INR 8.18 Cr	ACUITE A-
	Term Loan	Long-term	INR 7.2 Cr	ACUITE A-
	Term Loan	Long-term	INR 50 Cr	ACUITE A-
	Proposed Long Term Bank Facility	Long-term	INR 189.41 Cr	ACUITE A-
	Term Loan	Long-term	INR 19.79 Cr	ACUITE A-
	Term Loan	Long-term	INR 7.32 Cr	ACUITE A-
	Term Loan	Long-term	INR 21.62 Cr	ACUITE A-
	Term Loan	Long-term	INR 25.95 Cr	ACUITE A-
	Proposed Short Term Bank Facility	Short-term	INR 25 Cr	ACUITE A2+
21st May 25	CAPITAL INDIA HOME LOANS LIMITED			Instrument & Lender Details CAPITAL INDIA HOME LOANS 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
	Term Loan	Long-term	INR 6.32 Cr	ACUITE A-
	Term Loan	Long-term	INR 1.25 Cr	ACUITE A-
	Term Loan	Long-term	INR 12 Cr	ACUITE A-
	Term Loan	Long-term	INR 55.64 Cr	ACUITE A-
	Term Loan	Long-term	INR 6.16 Cr	ACUITE A-
	Term Loan	Long-term	INR 8.86 Cr	ACUITE A-
	Proposed Long Term Loan	Long-term	INR 69.06 Cr	ACUITE A-
	Proposed Term Loan	Long-term	INR 45.79 Cr	ACUITE A-
	Proposed Term Loan	Long-term	INR 69.39 Cr	ACUITE A-
	Term Loan	Long-term	INR 10 Cr	ACUITE A-
	Term Loan	Long-term	INR 3.66 Cr	ACUITE A-
	Term Loan	Long-term	INR 1.65 Cr	ACUITE A-
	Term Loan	Long-term	INR 5.84 Cr	ACUITE A-
	Term Loan	Long-term	INR 6.58 Cr	ACUITE A-
	Term Loan	Long-term	INR 25 Cr	ACUITE A-
	Term Loan	Long-term	INR 31.97 Cr	ACUITE A-
	Term Loan	Long-term	INR 7.46 Cr	ACUITE A-
	Term Loan	Long-term	INR 6.9 Cr	ACUITE A-
	Term Loan	Long-term	INR 5 Cr	ACUITE A-
	Term Loan	Long-term	INR 12.86 Cr	ACUITE A-
	Term Loan	Long-term	INR 14.29 Cr	ACUITE A-
	Term Loan	Long-term	INR 8.2 Cr	ACUITE A-
	Term Loan	Long-term	INR 21.1 Cr	ACUITE A-
	Term Loan	Long-term	INR 9.11 Cr	ACUITE A-
	Term Loan	Long-term	INR 10.15 Cr	ACUITE A-
	Term Loan	Long-term	INR 10.46 Cr	ACUITE A-
	Term Loan	Long-term	INR 10.37 Cr	ACUITE A-
	Term Loan	Long-term	INR 3.25 Cr	ACUITE A-
	Term Loan	Long-term	INR 6.17 Cr	ACUITE A-
	Term Loan	Long-term	INR 1.88 Cr	ACUITE A-
	Term Loan	Long-term	INR 1.33 Cr	ACUITE A-
	Term Loan	Long-term	INR 4.91 Cr	ACUITE A-
	Term Loan	Long-term	INR 4 Cr	ACUITE A-
	Term Loan	Long-term	INR 1.61 Cr	ACUITE A-
	Term Loan	Long-term	INR 1.78 Cr	ACUITE A-
21st May 25	EARNEST CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details EARNEST CONSTRUCTIONS 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 + 5 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 320 Cr	ACUITE B Stable
21st May 25	Ensol Multiclean Equipments Private Limited			Instrument & Lender Details Ensol Multiclean Equipments 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
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 21.5 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 0.52 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 6.91 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.12 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.57 Cr	ACUITE BB Stable
	Bank Guarantee (BLR)	Short-term	INR 4.41 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 15.59 Cr	ACUITE A4+
21st May 25	MANGALORE ELECTRICITY SUPPLY COMPANY LIMITED			Instrument & Lender Details MANGALORE ELECTRICITY SUPPLY 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 5 + 7 = I am not a robot
	Term Loan	Long-term	INR 55.56 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 144.46 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 196.98 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 74.08 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 83.33 Cr	ACUITE A Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 100 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 171.09 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 297.25 Cr	ACUITE A Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 135 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 206.05 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 133.95 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 62.5 Cr	ACUITE A Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 265 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 70.92 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 126.05 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 40.96 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 88.22 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 33.6 Cr	ACUITE A Stable
	Letter of Credit	Short-term	INR 75 Cr	ACUITE A1
	Short-term Loan	Short-term	INR 100 Cr	ACUITE A1
	Short-term Loan	Short-term	INR 100 Cr	ACUITE A1
	Short-term Loan	Short-term	INR 40 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 200 Cr	ACUITE A1
21st May 25	ESDS SOFTWARE SOLUTION LIMITED (ERSTWHILE ESDS SOFTWARE SOLUTION PRIVATE LIMITED)			Instrument & Lender Details ESDS SOFTWARE SOLUTION LIMITED (ERSTWHILE ESDS SOFTWARE SOLUTION 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
	Term Loan	Long-term	INR 3.79 Cr	ACUITE BB
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB
	Term Loan	Long-term	INR 1.55 Cr	ACUITE BB
	Term Loan	Long-term	INR 17.08 Cr	ACUITE BB
	Working Capital Term Loan	Long-term	INR 2.62 Cr	ACUITE BB
	Term Loan	Long-term	INR 4.17 Cr	ACUITE BB
	Cash Credit	Long-term	INR 10 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 4.7 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 1.38 Cr	ACUITE Not Applicable
	Proposed Cash Credit	Long-term	INR 0.96 Cr	ACUITE Not Applicable
	Bank Guarantee (BLR)	Short-term	INR 12 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 13.75 Cr	ACUITE Not Applicable
21st May 25	SARGA HOTEL PRIVATE LIMITED			Instrument & Lender Details SARGA HOTEL 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
	Term Loan	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Secured Overdraft	Long-term	INR 2 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 57.5 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BBB+ Stable
21st May 25	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 2 + 9 = I am not a robot
	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
	Letter of Credit	Short-term	INR 10 Cr	ACUITE D
21st May 25	SN ENVIRO TECH PRIVATE LIMITED			Instrument & Lender Details SN ENVIRO TECH 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
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 0.47 Cr	ACUITE C
	Bank Guarantee (BLR)	Short-term	INR 42.03 Cr	ACUITE A4
21st May 25	BRITTO SEAFOODS EXPORTS PRIVATE LIMITED			Instrument & Lender Details BRITTO SEAFOODS 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 9 + 9 = I am not a robot
	Proposed Long Term Loan	Long-term	INR 7 Cr	ACUITE B
	PC/PCFC	Short-term	INR 17 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 2.5 Cr	ACUITE A4
	Proposed Packing Credit	Short-term	INR 3.5 Cr	ACUITE A4
21st May 25	CMYK PRINTECH LIMITED			Instrument & Lender Details CMYK PRINTECH 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
	Secured Overdraft	Long-term	INR 9 Cr	ACUITE B-
21st May 25	FOYER MINES AND MINERALS PRIVATE LIMITED			Instrument & Lender Details FOYER MINES AND 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 3 + 5 = I am not a robot
	Term Loan	Long-term	INR 7.31 Cr	ACUITE B-
	Proposed Cash Credit	Long-term	INR 15.69 Cr	ACUITE B-
21st May 25	GAUTAM SILKS			Instrument & Lender Details GAUTAM SILKS 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
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE B