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Date	Entity Name				Rating Action
30th Dec 17	Beardsell Limited				Instrument & Lender Details Beardsell 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 11 Cr	ACUITE BBB Stable
	Proposed Long Term Loan		Long-term	INR 0.49 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 9.21 Cr	ACUITE BBB Stable
	Letter of Credit		Short-term	INR 15 Cr	ACUITE A3+
	PC/PCFC		Short-term	INR 4 Cr	ACUITE A3+
30th Dec 17	Bhoruka Charitable Trust				Instrument & Lender Details Bhoruka Charitable Trust To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 7 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 0.5 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 1.5 Cr	ACUITE BB+ Stable
	Proposed Long Term Loan		Long-term	INR 5.08 Cr	ACUITE BB+ Stable
	Term Loan		Long-term	INR 0.6 Cr	ACUITE BB+ Stable
	Term Loan		Long-term	INR 1.49 Cr	ACUITE BB+ Stable
	Term Loan		Long-term	INR 0.83 Cr	ACUITE BB+ Stable
30th Dec 17	Encarta Pharma Private Limited				Instrument & Lender Details Encarta Pharma 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 + 2 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 4.75 Cr	ACUITE D
	Letter of Credit		Short-term	INR 7.85 Cr	ACUITE D
	Cash Credit		Long-term	INR 20 Cr	ACUITE D
	Term Loan		Long-term	INR 0.15 Cr	ACUITE D
	Working Capital Demand Loan (WCDL)		Long-term	INR 5 Cr	ACUITE D
30th Dec 17	Future Corporate Resources Private Limited(Formerly known as Suhani Trading and Investment Consultants Private Limited)				Instrument & Lender Details Future Corporate Resources Private Limited(Formerly known as Suhani Trading and Investment Consultants 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
	Proposed Non Convertible Debentures		Long-term	INR 700 Cr	ACUITE Provisional AA- Stable
30th Dec 17	Oren Hydrocarbons Private Limited				Instrument & Lender Details Oren Hydrocarbons 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 + 5 = I am not a robot
	Buyers Credit		Short-term	INR 10 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 10 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 20 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 10 Cr	ACUITE A3+
	PC/PCFC		Short-term	INR 35 Cr	ACUITE A3+
	PC/PCFC		Short-term	INR 20 Cr	ACUITE A3+
	PC/PCFC		Short-term	INR 20 Cr	ACUITE A3+
	PC/PCFC		Short-term	INR 20 Cr	ACUITE A3+
	PC/PCFC		Short-term	INR 30 Cr	ACUITE A3+
	Post Shipment Credit		Short-term	INR 35 Cr	ACUITE A3+
	Proposed Short Term Loan		Short-term	INR 18 Cr	ACUITE A3+
	Cash Credit		Long-term	INR 10 Cr	ACUITE BBB Stable
	Cash Credit		Long-term	INR 10 Cr	ACUITE BBB Stable
30th Dec 17	Pan India Utilities Distribution Company Limited				Instrument & Lender Details Pan India Utilities Distribution 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 7 + 3 = I am not a robot
	Term Loan		Long-term	INR 215 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 120 Cr	ACUITE BBB Stable
30th Dec 17	Ryka Commercial Ventures Private Limited				Instrument & Lender Details Ryka Commercial Ventures 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
	Proposed Non Convertible Debentures		Long-term	INR 150 Cr	ACUITE Provisional AA- (SO ) Stable
30th Dec 17	Sahuwala Cylinders Private Limited				Instrument & Lender Details Sahuwala Cylinders 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
	Cash Credit		Long-term	INR 35 Cr	ACUITE BB Stable
30th Dec 17	Shree Ambica Board Industries				Instrument & Lender Details Shree Ambica Board 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 + 8 = I am not a robot
	Letter of Credit		Short-term	INR 5 Cr	ACUITE D
	Cash Credit		Long-term	INR 2 Cr	ACUITE D
	Term Loan		Long-term	INR 2.44 Cr	ACUITE D
29th Dec 17	MEP Sanjose Talaja Mahuva Road Private Limited				Instrument & Lender Details MEP Sanjose Talaja Mahuva 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 2 + 1 = I am not a robot
	Secured Overdraft		Long-term	INR 7.5 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 100 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 60.76 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 128.61 Cr	ACUITE BBB+ Stable
	Bank Guarantee (BLR)		Short-term	INR 32.15 Cr	ACUITE A2+
29th Dec 17	Nav Bharat Rice and General Mills				Instrument & Lender Details Nav Bharat Rice and General Mills 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
	Cash Credit		Long-term	INR 6 Cr	ACUITE B+ Stable
29th Dec 17	Punniamoorthi Pillai Department Store				Instrument & Lender Details Punniamoorthi Pillai Department Store 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
	Bank Guarantee (BLR)		Short-term	INR 1.85 Cr	ACUITE A3
	Cash Credit		Long-term	INR 8 Cr	ACUITE BBB- Stable
	Proposed Cash Credit		Long-term	INR 2.76 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 1.39 Cr	ACUITE BBB- Stable
	Working Capital Term Loan		Long-term	INR 1 Cr	ACUITE BBB- Stable
29th Dec 17	Sanspareils Greenlands Private Limited				Instrument & Lender Details Sanspareils Greenlands 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 + 5 = I am not a robot
	PC/PCFC		Long-term	INR 17.5 Cr	ACUITE A- Stable
	Proposed Long Term Loan		Long-term	INR 2.5 Cr	ACUITE A- Stable
29th Dec 17	Sonata Ceramica Private Limited				Instrument & Lender Details Sonata Ceramica 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 4 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 5 Cr	ACUITE BB+ Stable
29th Dec 17	Manjeet Cotton Private Limited				Instrument & Lender Details Manjeet Cotton 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
	Cash Credit		Long-term	INR 100 Cr	ACUITE A- Stable
29th Dec 17	Union Chains And Jewellers Private Limited				Instrument & Lender Details Union Chains And Jewellers 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 + 4 = I am not a robot
	Cash Credit		Long-term	INR 30 Cr	ACUITE BBB- Stable
29th Dec 17	Vichi Agritech LLP				Instrument & Lender Details Vichi Agritech LLP 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
	Cash Credit		Long-term	INR 5 Cr	ACUITE B Stable
	Term Loan		Long-term	INR 10 Cr	ACUITE B Stable
29th Dec 17	G. S. Atwal & Co. (Engineers) Private Limited				Instrument & Lender Details G. S. Atwal & Co. (Engineers) 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 + 3 = I am not a robot
	Cash Credit		Long-term	INR 5.5 Cr	ACUITE B- Stable
	Term Loan		Long-term	INR 10.27 Cr	ACUITE B- Stable
	Term Loan		Long-term	INR 3.03 Cr	ACUITE B- Stable
	Bank Guarantee (BLR)		Short-term	INR 5 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 1 Cr	ACUITE A4
29th Dec 17	Goa Carbon Limited				Instrument & Lender Details Goa Carbon 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 8 Cr	ACUITE BBB+ Stable
	Bank Guarantee (BLR)		Short-term	INR 5 Cr	ACUITE A2
	Bank Guarantee (BLR)		Short-term	INR 15 Cr	ACUITE A2
	Letter of Credit		Short-term	INR 135 Cr	ACUITE A2
	Letter of Credit		Short-term	INR 50 Cr	ACUITE A2
	Proposed Short Term Bank Facility		Short-term	INR 40 Cr	ACUITE A2
29th Dec 17	AJB Leathers				Instrument & Lender Details AJB Leathers 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
	Cash Credit		Long-term	INR 9 Cr	ACUITE BB Stable