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Date	Entity Name				Rating Action
21st Dec 17	Bhawani Castings Private Limited				Instrument & Lender Details Bhawani Castings 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
	Letter of Credit		Short-term	INR 3.38 Cr	ACUITE A4
	Cash Credit		Long-term	INR 5.75 Cr	ACUITE BB- Stable
	Term Loan		Long-term	INR 4.91 Cr	ACUITE BB- Stable
	Term Loan		Long-term	INR 2.96 Cr	ACUITE BB- Stable
21st Dec 17	Hema Automotive Private Limited				Instrument & Lender Details Hema Automotive 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 + 1 = I am not a robot
	Proposed Long Term Bank Facility		Long-term	INR 7 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 38 Cr	ACUITE BBB- Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 5 Cr	ACUITE BBB- Stable
21st Dec 17	Jay Aay Alloys Private Limited				Instrument & Lender Details Jay Aay 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 4 + 5 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 0.65 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 2 Cr	ACUITE A4
	Proposed Short Term Loan		Short-term	INR 0.22 Cr	ACUITE A4
	Cash Credit		Long-term	INR 7.5 Cr	ACUITE BB- Stable
	Term Loan		Long-term	INR 0.13 Cr	ACUITE BB- Stable
	Term Loan		Long-term	INR 4 Cr	ACUITE BB- Stable
21st Dec 17	Phantom Films Private Limited				Instrument & Lender Details Phantom Films 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 40 Cr	ACUITE BBB- Stable
21st Dec 17	Pharmalab India Private Limited				Instrument & Lender Details Pharmalab 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 6 + 9 = I am not a robot
	Cash Credit		Long-term	INR 9 Cr	ACUITE BBB- Stable
	Proposed Long Term Loan		Long-term	INR 0.1 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)		Short-term	INR 4 Cr	ACUITE A3
21st Dec 17	Radiant Wovenplast Private Limited				Instrument & Lender Details Radiant Wovenplast 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
	Cash Credit		Long-term	INR 3.5 Cr	ACUITE B Stable
	Proposed Long Term Bank Facility		Long-term	INR 0.01 Cr	ACUITE B Stable
	Term Loan		Long-term	INR 7.49 Cr	ACUITE B Stable
20th Dec 17	Arwade Infrastructure Limited				Instrument & Lender Details Arwade 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 1 + 3 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 20 Cr	ACUITE A3
	Cash Credit		Long-term	INR 6 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility		Long-term	INR 2 Cr	ACUITE BBB- Stable
20th Dec 17	Vantage Organic Foods Private Limited				Instrument & Lender Details Vantage Organic Foods 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
	Cash Credit		Long-term	INR 5 Cr	ACUITE BB+ Stable
19th Dec 17	Sun Shine Rice Unit				Instrument & Lender Details Sun Shine Rice Unit 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 16 Cr	ACUITE BB Stable
19th Dec 17	B D Rice Exports Subhash Chand				Instrument & Lender Details B D Rice Exports Subhash Chand 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 4 Cr	ACUITE B Stable
	Cash Credit		Long-term	INR 1 Cr	ACUITE B Stable
	Proposed Long Term Loan		Long-term	INR 2.55 Cr	ACUITE B Stable
	Term Loan		Long-term	INR 0.95 Cr	ACUITE B Stable
19th Dec 17	Mecgale Pneumatics Private Limited				Instrument & Lender Details Mecgale Pneumatics 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
	Bank Guarantee (BLR)		Short-term	INR 55 Cr	ACUITE A2+
	Bank Guarantee (BLR)		Short-term	INR 10 Cr	ACUITE A2+
	Letter of Credit		Short-term	INR 5 Cr	ACUITE A2+
	Cash Credit		Long-term	INR 5 Cr	ACUITE A- Stable
19th Dec 17	Kalisma Steel Private Limited				Instrument & Lender Details Kalisma 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 + 2 = I am not a robot
	Cash Credit		Long-term	INR 8 Cr	ACUITE BBB- Stable
	Proposed Long Term Loan		Long-term	INR 3.08 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 48.54 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)		Short-term	INR 10 Cr	ACUITE A3
	Bills Discounting		Short-term	INR 26 Cr	ACUITE A3
	Letter of Credit		Short-term	INR 33.8 Cr	ACUITE A3
	PC/PCFC		Short-term	INR 30 Cr	ACUITE A3
18th Dec 17	Kadodara Hotels				Instrument & Lender Details Kadodara Hotels 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
	Cash Credit		Long-term	INR 3.24 Cr	ACUITE B+ Stable
	Term Loan		Long-term	INR 6.76 Cr	ACUITE B+ Stable
18th Dec 17	Kalisma Steel Private Limited				Instrument & Lender Details Kalisma 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 1 + 2 = I am not a robot
	Cash Credit		Long-term	INR 10 Cr	ACUITE BBB- Stable
	Letter of Credit		Short-term	INR 30 Cr	ACUITE A3
18th Dec 17	Vichitra Prestressed Concrete Udyog Private Limited				Instrument & Lender Details Vichitra Prestressed Concrete Udyog 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 25 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 10 Cr	ACUITE BB- Stable
	Term Loan		Long-term	INR 6 Cr	ACUITE BB- Stable
18th Dec 17	BCITS Private Limited				Instrument & Lender Details BCITS 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 + 7 = I am not a robot
	Cash Credit		Long-term	INR 4.5 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 0.5 Cr	ACUITE BB+ Stable
	Term Loan		Long-term	INR 3 Cr	ACUITE BB+ Stable
	Bank Guarantee (BLR)		Short-term	INR 14 Cr	ACUITE A4+
18th Dec 17	Adsyndicate Services Private Limited				Instrument & Lender Details Adsyndicate Services 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 25 Cr	ACUITE BBB- Stable
18th Dec 17	Hero Fashion				Instrument & Lender Details Hero Fashion 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
	Bills Discounting		Short-term	INR 2 Cr	ACUITE A4+
	Letter of Credit		Short-term	INR 1 Cr	ACUITE A4+
	PC/PCFC		Long-term	INR 12 Cr	ACUITE BB+ Stable
	Proposed Long Term Loan		Long-term	INR 2 Cr	ACUITE BB+ Stable
18th Dec 17	Orvi Design Studio				Instrument & Lender Details Orvi Design Studio 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
	Term Loan		Long-term	INR 2.55 Cr	ACUITE BB- Stable
	PC/PCFC		Short-term	INR 1 Cr	ACUITE A4+
	Post Shipment Credit		Short-term	INR 2 Cr	ACUITE A4+
	Proposed Short Term Loan		Short-term	INR 0.3 Cr	ACUITE A4+
18th Dec 17	RSA Turbotech Private Limited				Instrument & Lender Details RSA Turbotech 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 14 Cr	ACUITE D