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Date	Entity Name			Rating Action
5th Feb 24	ZODIAC INFRASTRUCTURES PRIVATE LIMITED			Instrument & Lender Details ZODIAC INFRASTRUCTURES 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 6.6 Cr	ACUITE D
5th Feb 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 9 + 9 = I am not a robot
	Proposed Bank Guarantee	Short-term	INR 40 Cr	ACUITE A4+
	Proposed Cash Credit	Long-term	INR 10 Cr	ACUITE BB+
5th Feb 24	BHASKAR STEEL AND FERRO ALLOY PRIVATE LIMITED			Instrument & Lender Details BHASKAR STEEL AND FERRO ALLOY 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 30 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB Stable
5th Feb 24	NASENSE LABS PRIVATE LIMITED			Instrument & Lender Details NASENSE LABS 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 + 4 = I am not a robot
	Term Loan	Long-term	INR 1.7 Cr	ACUITE BB+
	Proposed Long Term Loan	Long-term	INR 0.65 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 15.75 Cr	ACUITE BB+ Stable
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 26 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.55 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.68 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 3.13 Cr	ACUITE BB+ Stable
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A4+
5th Feb 24	ORIENTAL ENGINEERING WORKS PRIVATE LIMITED			Instrument & Lender Details ORIENTAL ENGINEERING WORKS 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
	Term Loan	Long-term	INR 0.92 Cr	ACUITE BBB-
	Proposed Long Term Bank Facility	Long-term	INR 10.78 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 0.34 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.6 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 0.27 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 0.9 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 0.02 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 0.68 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)	Short-term	INR 4.5 Cr	ACUITE A3
	Derivative Exposure	Short-term	INR 0.32 Cr	ACUITE A3
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB- Stable
5th Feb 24	JAMA CORPORATION PRIVATE LIMITED			Instrument & Lender Details JAMA CORPORATION 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
	Packing Credit	Short-term	INR 44.5 Cr	ACUITE A4+
	Bills Discounting	Short-term	INR 40 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 5 Cr	ACUITE BB+ Stable
2nd Feb 24	GOPINATH SPINNING PRIVATE LIMITED			Instrument & Lender Details GOPINATH SPINNING 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.05 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE B-
2nd Feb 24	BHATIA PHOTO INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details BHATIA PHOTO 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 1 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 5.1 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 0.3 Cr	ACUITE A4
	Proposed Letter of Credit	Short-term	INR 3.95 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 2.5 Cr	ACUITE B+
2nd Feb 24	TEAM FERRO ALLOYS PRIVATE LIMITED			Instrument & Lender Details TEAM FERRO ALLOYS 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 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 7 Cr	ACUITE A4+
	Proposed Letter of Credit	Short-term	INR 5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 13 Cr	ACUITE BB-
	Proposed Cash Credit	Long-term	INR 11 Cr	ACUITE BB-
2nd Feb 24	J M P INDUSTRIES			Instrument & Lender Details J M P 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 21 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 13.5 Cr	ACUITE BB+
	Term Loan	Long-term	INR 8.92 Cr	ACUITE BB+
	Term Loan	Long-term	INR 11.06 Cr	ACUITE BB+
2nd Feb 24	PAXAL CORPORATION			Instrument & Lender Details PAXAL CORPORATION 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
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+ Not Applicable
	Letter of Credit	Short-term	INR 11 Cr	ACUITE A4
2nd Feb 24	AVIS INDIA			Instrument & Lender Details AVIS INDIA To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 7 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 4.2 Cr	ACUITE BB-
2nd Feb 24	KRITIKA WIRES LIMITED (Erstwhile Kritika Wires Private Limited)			Instrument & Lender Details KRITIKA WIRES LIMITED (Erstwhile Kritika Wires 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 + 7 = I am not a robot
	Cash Credit	Long-term	INR 20.5 Cr	ACUITE BB Not Applicable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB Not Applicable
	Proposed Long Term Loan	Long-term	INR 0.4 Cr	ACUITE BB Not Applicable
	Bills Discounting	Short-term	INR 19 Cr	ACUITE A4+
	Bills Discounting	Short-term	INR 10 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 5.5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 8.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 4.5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 8.6 Cr	ACUITE A4+
2nd Feb 24	CHANCHAL INFRASTRUCTURE PRIVATE LIMITED			Instrument & Lender Details CHANCHAL INFRASTRUCTURE 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
	Term Loan	Long-term	INR 24 Cr	ACUITE D
2nd Feb 24	RAPHA DIAGNOSTICS PRIVATE LIMITED			Instrument & Lender Details RAPHA DIAGNOSTICS 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 + 2 = I am not a robot
	Letter of Credit	Short-term	INR 1.5 Cr	ACUITE A4
	Term Loan	Long-term	INR 3.29 Cr	ACUITE B-
	Cash Credit	Long-term	INR 3 Cr	ACUITE B-
2nd Feb 24	SOURABH KUMAR ROY			Instrument & Lender Details SOURABH KUMAR ROY 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
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 4.8 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 2.2 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 0.6 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 0.69 Cr	ACUITE BB- Stable
2nd Feb 24	TOPNOTCH CHEMICALS PRIVATE LIMITED			Instrument & Lender Details TOPNOTCH CHEMICALS 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 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB- Stable
2nd Feb 24	SHREEKRISHNA COTTON COMPANY			Instrument & Lender Details SHREEKRISHNA COTTON COMPANY 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
	Term Loan	Long-term	INR 3.75 Cr	ACUITE B+ Not Applicable
	Cash Credit	Long-term	INR 3.7 Cr	ACUITE B+ Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 0.91 Cr	ACUITE B+ Not Applicable
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.07 Cr	ACUITE A4
2nd Feb 24	THIRUMURUGAN AGRO TECH RICE INDUSTRIES			Instrument & Lender Details THIRUMURUGAN AGRO TECH RICE INDUSTRIES 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
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.13 Cr	ACUITE BB- Stable
	Working Capital Term Loan	Long-term	INR 3.19 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 11 Cr	ACUITE BB- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.37 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.81 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 2.79 Cr	ACUITE BB-
	Working Capital Term Loan	Long-term	INR 0.44 Cr	ACUITE BB- Stable
2nd Feb 24	SYNAPSE NEUROCARE PRIVATE LIMITED			Instrument & Lender Details SYNAPSE NEUROCARE 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 5.2 Cr	ACUITE B
	Term Loan	Long-term	INR 14.96 Cr	ACUITE B