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Date	Entity Name			Rating Action
25th Jan 24	WELSPUN SATTANATHAPURAM NAGAPATTINAM ROAD PRIVATE LIMITED			Instrument & Lender Details WELSPUN SATTANATHAPURAM NAGAPATTINAM ROAD 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 914.58 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 182.42 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 117.92 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 21.64 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.44 Cr	ACUITE A Stable
25th Jan 24	MARWADI EDUCARE FOUNDATION (ERSTWHILE MARWADI EDUCATION FOUNDATION)			Instrument & Lender Details MARWADI EDUCARE FOUNDATION (ERSTWHILE MARWADI EDUCATION FOUNDATION) 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
	Term Loan	Long-term	INR 79.75 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 33 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 72.2 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 40 Cr	ACUITE BBB Stable
	Proposed Term Loan	Long-term	INR 5.05 Cr	ACUITE BBB Stable
25th Jan 24	STAR EXPORTS			Instrument & Lender Details STAR EXPORTS 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
	PC/PCFC	Short-term	INR 20 Cr	ACUITE A4+
	Bills Discounting	Short-term	INR 6 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 1.5 Cr	ACUITE BB+ Stable
	Working Capital Term Loan	Long-term	INR 3.5 Cr	ACUITE BB+ Stable
25th Jan 24	ARTH MICRO FINANCE PRIVATE LIMITED			Instrument & Lender Details ARTH MICRO FINANCE 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 4.86 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 4.8 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.67 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 9.17 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 5 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 8.67 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 5.94 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.85 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.5 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.16 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.94 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.04 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 8.49 Cr	ACUITE BBB
	Term Loan	Long-term	INR 0.75 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 11.51 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.96 Cr	ACUITE BBB
	Term Loan	Long-term	INR 7.27 Cr	ACUITE BBB
	Term Loan	Long-term	INR 3.04 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.09 Cr	ACUITE BBB
	Term Loan	Long-term	INR 4.85 Cr	ACUITE BBB
	Term Loan	Long-term	INR 1.91 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.73 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 5.33 Cr	ACUITE BBB
	Term Loan	Long-term	INR 4.09 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.78 Cr	ACUITE BBB
	Term Loan	Long-term	INR 24 Cr	ACUITE BBB
	Term Loan	Long-term	INR 6.22 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 5.25 Cr	ACUITE BBB
	Term Loan	Long-term	INR 13.5 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.73 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 2.32 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 0.39 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.55 Cr	ACUITE BBB
	Term Loan	Long-term	INR 2 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 1.51 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 0.24 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 0.42 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 0.95 Cr	ACUITE Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 0.3 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 0.43 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 0.79 Cr	ACUITE Not Applicable
24th Jan 24	CHIEN HSING TANNERY			Instrument & Lender Details CHIEN HSING TANNERY 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
	PC/PCFC	Short-term	INR 0.5 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 0.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B
24th Jan 24	ELCON			Instrument & Lender Details ELCON To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 7 = I am not a robot
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+
24th Jan 24	KALPATHARU LIQUOR DISTRIBUTORS			Instrument & Lender Details KALPATHARU LIQUOR DISTRIBUTORS 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
	Cash Credit	Long-term	INR 14 Cr	ACUITE B+
24th Jan 24	KUSHAL KARYASHALA			Instrument & Lender Details KUSHAL KARYASHALA 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
	Cash Credit	Long-term	INR 5.5 Cr	ACUITE B+
24th Jan 24	MALAR TEXTILES			Instrument & Lender Details MALAR TEXTILES 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
	Cash Credit	Long-term	INR 4.25 Cr	ACUITE B
	Term Loan	Long-term	INR 0.66 Cr	ACUITE B
	Proposed Working Capital Demand Loan	Long-term	INR 0.03 Cr	ACUITE B
	Proposed Long Term Loan	Long-term	INR 3.06 Cr	ACUITE B
24th Jan 24	NANDAN SAHA STEEL PRIVATE LIMITED			Instrument & Lender Details NANDAN SAHA STEEL 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 + 4 = I am not a robot
	Channel/Dealer/Vendor Financing	Short-term	INR 4 Cr	ACUITE A4+
	Channel/Dealer/Vendor Financing	Short-term	INR 5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB
	Cash Credit	Long-term	INR 20.34 Cr	ACUITE BB
	Cash Credit	Long-term	INR 9 Cr	ACUITE BB
	Covid Emergency Line.	Long-term	INR 2 Cr	ACUITE BB
	Term Loan	Long-term	INR 15 Cr	ACUITE BB
24th Jan 24	SRI AZHAGU NACHI AMMAN MODERN RICE MILL			Instrument & Lender Details SRI AZHAGU NACHI AMMAN MODERN RICE MILL To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 5 = I am not a robot
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE B+
24th Jan 24	SRI GOKULKANNAN MODERN RICE MILL			Instrument & Lender Details SRI GOKULKANNAN MODERN RICE MILL 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 8.55 Cr	ACUITE B+
24th Jan 24	SRI SAI CASHEWS			Instrument & Lender Details SRI SAI CASHEWS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 5 = I am not a robot
	Term Loan	Long-term	INR 2 Cr	ACUITE D
	Cash Credit	Long-term	INR 4 Cr	ACUITE D
24th Jan 24	TAN SINGH CHOUHAN			Instrument & Lender Details TAN SINGH CHOUHAN 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
	Bank Guarantee (BLR)	Short-term	INR 50 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB+
24th Jan 24	TRADE PERFECTION			Instrument & Lender Details TRADE PERFECTION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 7 = I am not a robot
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+
24th Jan 24	VANDANA TRAILORS AND BODY MFG PRIVATE LIMITED			Instrument & Lender Details VANDANA TRAILORS AND BODY MFG 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
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.21 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.55 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 2.74 Cr	ACUITE B+
24th Jan 24	YASH CONSTRUCTION			Instrument & Lender Details YASH CONSTRUCTION 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
	Bank Guarantee (BLR)	Short-term	INR 1.25 Cr	ACUITE D
	Cash Credit	Long-term	INR 4 Cr	ACUITE D
	Term Loan	Long-term	INR 0.42 Cr	ACUITE D
	Term Loan	Long-term	INR 1.59 Cr	ACUITE D
	Cash Credit	Long-term	INR 0.4 Cr	ACUITE D
24th Jan 24	KBK BIOTECH PRIVATE LIMITED			Instrument & Lender Details KBK BIOTECH 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 20 Cr	ACUITE BB
	Term Loan	Long-term	INR 14.5 Cr	ACUITE BB
	Proposed Long Term Bank Facility	Long-term	INR 2.5 Cr	ACUITE BB
24th Jan 24	JO BLAND ENTERPRISES			Instrument & Lender Details JO BLAND ENTERPRISES 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
	Letter of Credit	Short-term	INR 1.6 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 7.25 Cr	ACUITE BB Stable
	Working Capital Term Loan	Long-term	INR 1.54 Cr	ACUITE BB Stable
	Proposed Long Term Loan	Long-term	INR 0.19 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 1.66 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 0.76 Cr	ACUITE BB Stable
24th Jan 24	RISHI FIBERS PRIVATE LIMITED			Instrument & Lender Details RISHI FIBERS 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 22 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB Stable