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Date	Entity Name			Rating Action
28th Feb 24	INDITRADE MICROFINANCE LIMITED - PEGASUS 11 2022			Instrument & Lender Details INDITRADE MICROFINANCE LIMITED - PEGASUS 11 2022 To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 4 = I am not a robot
	Pass Through Certificate	Long-term	INR 8.56 Cr	ACUITE Not Applicable
	Pass Through Certificate	Long-term	INR 0.95 Cr	ACUITE Not Applicable
28th Feb 24	FORTUNE GROUP			Erratum \| Instrument & Lender Details FORTUNE GROUP 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 32 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A3
	Term Loan	Long-term	INR 0.74 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 17 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.76 Cr	ACUITE BBB-
	Proposed Bank Guarantee	Short-term	INR 8 Cr	ACUITE Not Applicable
	Proposed Cash Credit	Long-term	INR 1 Cr	ACUITE Not Applicable
28th Feb 24	SUN PETROCHEMICALS PRIVATE LIMITED			Instrument & Lender Details SUN PETROCHEMICALS 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 + 8 = I am not a robot
	Proposed Short Term Bank Facility	Short-term	INR 25 Cr	ACUITE A1+
	Bank Guarantee (BLR)	Short-term	INR 440 Cr	ACUITE A1+
	Bank Guarantee (BLR)	Short-term	INR 500 Cr	ACUITE A1+
	Bank Guarantee (BLR)	Short-term	INR 350 Cr	ACUITE A1+
	Bank Guarantee (BLR)	Short-term	INR 325 Cr	ACUITE A1+
	Proposed Short Term Bank Facility	Short-term	INR 655 Cr	ACUITE A1+
	Commercial Paper Program	Short-term	INR 400 Cr	ACUITE A1+
	Working Capital Demand Loan (WCDL)	Long-term	INR 200 Cr	ACUITE AA Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 474 Cr	ACUITE AA Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE AA Stable
	Secured Overdraft	Long-term	INR 20 Cr	ACUITE AA Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 475 Cr	ACUITE AA Stable
	Proposed Non Convertible Debentures	Long-term	INR 1525 Cr	ACUITE AA Stable
27th Feb 24	BANSAL PATHWAYS DAMOH KATNI PRIVATE LIMITED			Instrument & Lender Details BANSAL PATHWAYS DAMOH KATNI 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 + 3 = I am not a robot
	Term Loan	Long-term	INR 85.4 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 105 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 35.6 Cr	ACUITE BBB+ Stable
27th Feb 24	BANSAL PATHWAYS GUNA SIRONJ PRIVATE LIMITED			Instrument & Lender Details BANSAL PATHWAYS GUNA SIRONJ 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
	Term Loan	Long-term	INR 164.75 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 17.25 Cr	ACUITE BBB+ Stable
27th Feb 24	ALI AFZAL FLOUR MILL LIMITED			Instrument & Lender Details ALI AFZAL FLOUR MILL 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
	Term Loan	Long-term	INR 3.25 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 2.68 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 0.63 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 6.84 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 13.16 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 6.62 Cr	ACUITE BB- Stable
27th Feb 24	A B POLYPACKS PRIVATE LIMITED			Instrument & Lender Details A B POLYPACKS 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 1 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A3
	Cash Credit	Long-term	INR 25.6 Cr	ACUITE BBB-
27th Feb 24	RUPA RENAISSANCE LIMITED			Instrument & Lender Details RUPA RENAISSANCE 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 + 8 = I am not a robot
	Term Loan	Long-term	INR 200 Cr	ACUITE Not Applicable
27th Feb 24	BLUE WHALE MACHINERY TECHNOLOGIES PRIVATE LIMITED			Instrument & Lender Details BLUE WHALE MACHINERY TECHNOLOGIES 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 + 9 = I am not a robot
	Letter of Credit	Short-term	INR 4 Cr	ACUITE D
	Proposed Letter of Credit	Short-term	INR 9 Cr	ACUITE D
	Cash Credit	Long-term	INR 3 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 4 Cr	ACUITE D
26th Feb 24	DEEPIKA INFRATECH PRIVATE LIMITED			Instrument & Lender Details DEEPIKA INFRATECH 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 28.1 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 15.51 Cr	ACUITE D
	Bank Guarantee (BLR)	Short-term	INR 12.3 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 12.09 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10 Cr	ACUITE C
	Cash Credit	Long-term	INR 10 Cr	ACUITE C
26th Feb 24	ROLLWELL FORGE PRIVATE LIMITED			Instrument & Lender Details ROLLWELL FORGE 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
	PC/PCFC	Short-term	INR 5 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 3.5 Cr	ACUITE A4
	Term Loan	Long-term	INR 2 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 1.5 Cr	ACUITE B-
26th Feb 24	RPV EXPORTS PRIVATE LIMITED			Instrument & Lender Details RPV 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 + 5 = I am not a robot
	PC/PCFC	Short-term	INR 2 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 3 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 2 Cr	ACUITE A4
26th Feb 24	SAVITRI ASHIRVAAD BUILDTECH LIMITED			Instrument & Lender Details SAVITRI ASHIRVAAD BUILDTECH 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
	Term Loan	Long-term	INR 15 Cr	ACUITE B+
26th Feb 24	SHAH PAPERPLAST INDUSTRIES LIMITED			Instrument & Lender Details SHAH PAPERPLAST INDUSTRIES 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 + 9 = I am not a robot
	PC/PCFC	Short-term	INR 6 Cr	ACUITE D
	Letter of Credit	Short-term	INR 0.75 Cr	ACUITE D
	Term Loan	Long-term	INR 2.25 Cr	ACUITE D
26th Feb 24	SHREE PANDURANG SAHAKARI SAKHAR KARKHANA LIMITED			Instrument & Lender Details SHREE PANDURANG SAHAKARI SAKHAR KARKHANA 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
	Cash Credit	Long-term	INR 150 Cr	ACUITE BB
	Proposed Cash Credit	Long-term	INR 75 Cr	ACUITE BB
	Term Loan	Long-term	INR 6.26 Cr	ACUITE BB
	Proposed Term Loan	Long-term	INR 50 Cr	ACUITE BB
26th Feb 24	SPINTEX JUTE INDIA PRIVATE LIMITED			Instrument & Lender Details SPINTEX JUTE 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 1 + 2 = I am not a robot
	Proposed Long Term Loan	Long-term	INR 7.5 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 3 Cr	ACUITE B+
26th Feb 24	SWASTIKA PRINTING AND PACKAGING			Instrument & Lender Details SWASTIKA PRINTING AND PACKAGING 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
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE B+
26th Feb 24	J K ELECTRIC CONTRACTOR			Instrument & Lender Details J K ELECTRIC CONTRACTOR 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 14 Cr	ACUITE Not Applicable
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE Not Applicable
26th Feb 24	GANPATI SPONGE IRON PRIVATE LIMITED			Instrument & Lender Details GANPATI SPONGE IRON 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 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A1
	Term Loan	Long-term	INR 2.77 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 47 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 35.5 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 3.02 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 7.34 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 11.52 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 13.5 Cr	ACUITE A Stable
	Proposed Term Loan	Long-term	INR 0.42 Cr	ACUITE A Stable
26th Feb 24	S PYARELAL ISPAT PRIVATE LIMITED			Instrument & Lender Details S PYARELAL ISPAT 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 + 3 = I am not a robot
	Term Loan	Long-term	INR 2.05 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 3.32 Cr	ACUITE A Stable
	Secured Overdraft	Long-term	INR 1.75 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 8.12 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 26.5 Cr	ACUITE A Stable