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Date	Entity Name			Rating Action
3rd Apr 24	ARMAN FINANCIAL SERVICES LIMITED			Instrument & Lender Details ARMAN FINANCIAL SERVICES 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
	Cash Credit	Long-term	INR 5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.56 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.06 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.29 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 39.79 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.37 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.43 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 30 Cr	ACUITE A- Stable
	Principal protected market linked debentures	Long-term	INR 20 Cr	ACUITE PP-MLD A- Stable
	Principal protected market linked debentures	Long-term	INR 25 Cr	ACUITE PP-MLD A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 1 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 24 Cr	ACUITE A- Stable
2nd Apr 24	TAYLORMADE RENEWABLES LIMITED			Instrument & Lender Details TAYLORMADE RENEWABLES 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 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5.5 Cr	ACUITE B+
2nd Apr 24	J S S STEELITALIA LIMITED			Instrument & Lender Details J S S STEELITALIA 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 + 5 = I am not a robot
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A4
	Proposed Cash Credit	Long-term	INR 5 Cr	ACUITE B+
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+
2nd Apr 24	SINGHVI FASHIONS PRIVATE LIMITED			Instrument & Lender Details SINGHVI FASHIONS 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
	Cash Credit	Long-term	INR 3 Cr	ACUITE D
	Term Loan	Long-term	INR 13.34 Cr	ACUITE D
	Cash Credit	Long-term	INR 1.25 Cr	ACUITE D
	Term Loan	Long-term	INR 2.41 Cr	ACUITE D
2nd Apr 24	S R S EXPORTS PRIVATE LIMITED			Instrument & Lender Details S R S 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 5 + 1 = I am not a robot
	Letter of Credit	Short-term	INR 30 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5 Cr	ACUITE B+ Stable
2nd Apr 24	SANTHOSH BUILDWEL INFRA PRIVATE LIMITED			Instrument & Lender Details SANTHOSH BUILDWEL INFRA 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 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 5.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 24 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB+ Stable
2nd Apr 24	PRIDE PROPERTIES PRIVATE LIMITED			Instrument & Lender Details PRIDE PROPERTIES 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 + 2 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 7.5 Cr	ACUITE D
	Proposed Non Convertible Debentures	Long-term	INR 2.5 Cr	ACUITE Provisional C
2nd Apr 24	ATTHARV SAI FLEXIPACK PRIVATE LIMITED			Instrument & Lender Details ATTHARV SAI FLEXIPACK 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
	Letter of Credit	Short-term	INR 30 Cr	ACUITE A4+
	Term Loan	Long-term	INR 15.12 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 11 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 4.58 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 4.12 Cr	ACUITE BB+ Stable
	Proposed Cash Credit	Long-term	INR 12 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 8.25 Cr	ACUITE BB+ Stable
	Proposed Cash Credit	Long-term	INR 3.25 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.68 Cr	ACUITE BB+ Stable
2nd Apr 24	AMZ PACKAGING PRIVATE LIMITED			Instrument & Lender Details AMZ PACKAGING 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
	Bank Guarantee (BLR)	Short-term	INR 0.05 Cr	ACUITE A4
	Term Loan	Long-term	INR 7.7 Cr	ACUITE B-
	Cash Credit	Long-term	INR 1 Cr	ACUITE B-
2nd Apr 24	PARAS BHAVANI STEEL PRIVATE LIMITED			Instrument & Lender Details PARAS BHAVANI 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 2 + 4 = I am not a robot
	Letter of Credit	Short-term	INR 12 Cr	ACUITE D
	Letter of Credit	Short-term	INR 10 Cr	ACUITE D
	Proposed Long Term Loan	Long-term	INR 6.68 Cr	ACUITE D
	Cash Credit	Long-term	INR 25 Cr	ACUITE D
	Cash Credit	Long-term	INR 8 Cr	ACUITE D
	Term Loan	Long-term	INR 2.9 Cr	ACUITE D
	Term Loan	Long-term	INR 3.48 Cr	ACUITE D
	Term Loan	Long-term	INR 0.04 Cr	ACUITE D
	Term Loan	Long-term	INR 0.4 Cr	ACUITE D
2nd Apr 24	TOYOP RELIEF PRIVATE LIMITED			Instrument & Lender Details TOYOP RELIEF 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 + 7 = I am not a robot
	PC/PCFC	Short-term	INR 5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 7 Cr	ACUITE A4+
	Proposed Packing Credit	Short-term	INR 37.44 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 6 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1.02 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.54 Cr	ACUITE BB-
2nd Apr 24	VELICHAM FINANCE PRIVATE LIMITED - POLARIS 03 2024			Instrument & Lender Details VELICHAM FINANCE PRIVATE LIMITED - POLARIS 03 2024 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
	Pass Through Certificate	Long-term	INR 8.62 Cr	ACUITE Provisional BBB+ (SO )
1st Apr 24	SANGHAMITHRA RURAL FINANCIAL SERVICES			Instrument & Lender Details SANGHAMITHRA RURAL FINANCIAL SERVICES 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
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB+
	Term Loan	Long-term	INR 3.71 Cr	ACUITE BB+
	Term Loan	Long-term	INR 20.1 Cr	ACUITE BB+
	Secured Overdraft	Long-term	INR 35 Cr	ACUITE BB+
	Term Loan	Long-term	INR 6.67 Cr	ACUITE BB+
	Term Loan	Long-term	INR 1.32 Cr	ACUITE BB+
	Secured Overdraft	Long-term	INR 35 Cr	ACUITE BB+
	Term Loan	Long-term	INR 1.91 Cr	ACUITE BB+
	Term Loan	Long-term	INR 10 Cr	ACUITE BB+
	Term Loan	Long-term	INR 9.83 Cr	ACUITE BB+
	Term Loan	Long-term	INR 2.5 Cr	ACUITE BB+
	Term Loan	Long-term	INR 25 Cr	ACUITE BB+
	Term Loan	Long-term	INR 8.5 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 79.91 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 5.55 Cr	ACUITE BB+
	Term Loan	Long-term	INR 16.6 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 30.2 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 3.2 Cr	ACUITE BB+
1st Apr 24	STORK RUBBER PRODUCTS PRIVATE LIMITED			Instrument & Lender Details STORK RUBBER PRODUCTS 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
	PC/PCFC	Short-term	INR 5 Cr	ACUITE A3
	Bills Discounting	Short-term	INR 8 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 0.95 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 0.2 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 0.3 Cr	ACUITE A3
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.55 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.17 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.3 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.34 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.7 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.7 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.74 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.9 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.6 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.94 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.31 Cr	ACUITE BBB- Stable
1st Apr 24	LOTUS FARMS			Instrument & Lender Details LOTUS FARMS 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
	Cash Credit	Long-term	INR 41 Cr	ACUITE Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 7.44 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 0.8 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 17.66 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 6.9 Cr	ACUITE BB
1st Apr 24	LOTUS POULTRIES PRIVATE LIMITED			Instrument & Lender Details LOTUS POULTRIES 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 4.3 Cr	ACUITE BB
	Term Loan	Long-term	INR 1.53 Cr	ACUITE BB
	Term Loan	Long-term	INR 1.27 Cr	ACUITE BB
	Proposed Term Loan	Long-term	INR 5.19 Cr	ACUITE Not Applicable
1st Apr 24	MITTAL COIN PRIVATE LIMITED			Instrument & Lender Details MITTAL COIN 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
	Letter of Credit	Short-term	INR 90 Cr	ACUITE A2
	Proposed Long Term Bank Facility	Long-term	INR 8.68 Cr	ACUITE BBB+ Stable
1st Apr 24	MITTAL APPLIANCES LIMITED			Instrument & Lender Details MITTAL APPLIANCES 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
	Letter of Credit	Short-term	INR 40 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 40 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 29.5 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 51.25 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 18.75 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 90 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 17.5 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 50 Cr	ACUITE A2
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE BBB+ Stable
	Packing Credit	Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 3 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 50 Cr	ACUITE BBB+ Stable
1st Apr 24	VISHVARAJ INFRASTRUCTURE PRIVATE LIMITED (ERSTWHILE VISHVARAJ INFRASTRUCTURE LIMITED)			Instrument & Lender Details VISHVARAJ INFRASTRUCTURE PRIVATE LIMITED (ERSTWHILE VISHVARAJ INFRASTRUCTURE 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
	Bank Guarantee (BLR)	Short-term	INR 50 Cr	ACUITE A3
	Cash Credit	Long-term	INR 13 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A3
	Cash Credit	Long-term	INR 12 Cr	ACUITE BBB-
1st Apr 24	TRIPURA STATE ELECTRICITY CORPORATION LIMITED			Instrument & Lender Details TRIPURA STATE ELECTRICITY CORPORATION 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 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 68.36 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 59.02 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 15.98 Cr	ACUITE A3+
	Term Loan	Long-term	INR 100 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 34.02 Cr	ACUITE BBB Stable