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Date	Entity Name			Rating Action
7th Aug 24	VIPIN SHAH AND ASSOCIATES			Instrument & Lender Details VIPIN SHAH AND ASSOCIATES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 2 = I am not a robot
	Proposed Bank Guarantee	Short-term	INR 3 Cr	ACUITE A4
	Proposed Cash Credit	Long-term	INR 5 Cr	ACUITE B-
7th Aug 24	ASTHA INNOVATIONS PRIVATE LIMITED			Instrument & Lender Details ASTHA INNOVATIONS 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 + 3 = I am not a robot
	PC/PCFC	Long-term	INR 18.5 Cr	ACUITE BB-
7th Aug 24	R.Krishnamurthy & Co			Instrument & Lender Details R.Krishnamurthy & Co 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
	Bank Guarantee (BLR)	Short-term	INR 7 Cr	ACUITE A4
	Proposed Bank Guarantee	Short-term	INR 55 Cr	ACUITE A4
	Cash Credit	Long-term	INR 8 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 20 Cr	ACUITE B
7th Aug 24	TANDHAN COTTON MILLS PRIVATE LIMITED			Instrument & Lender Details TANDHAN COTTON MILLS 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 2 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 2.5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 0.6 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 0.4 Cr	ACUITE A4
	Term Loan	Long-term	INR 23 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 2.5 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 37 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 35 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB- Stable
	Proposed Long Term Loan	Long-term	INR 0.5 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB- Stable
7th Aug 24	FINSTARS CAPITAL LIMITED			Instrument & Lender Details FINSTARS CAPITAL 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
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE BB+
	Non-Covertible Debentures (NCD)	Long-term	INR 15 Cr	ACUITE BB+
7th Aug 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 1 + 9 = I am not a robot
	Pass Through Certificate	Long-term	INR 8.62 Cr	ACUITE Provisional BBB+ (SO )
7th Aug 24	ANINDITA STEELS LIMITED			Instrument & Lender Details ANINDITA STEELS 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
	Bank Guarantee (BLR)	Short-term	INR 3.32 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 25 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 1.68 Cr	ACUITE Not Applicable
6th Aug 24	SHRI RAM FINANCE CORPORATION PRIVATE LIMITED			Instrument & Lender Details SHRI RAM FINANCE CORPORATION 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 6 Cr	ACUITE A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 45 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 30 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 26.98 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.61 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 15 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.31 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.85 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 5.16 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 5.56 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.1 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.83 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 16 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 26.1 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 7 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 3 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.89 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 18.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.76 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.65 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 20 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 32.29 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.57 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 18.33 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.33 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 23.18 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 2 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.91 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.29 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.19 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.44 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.76 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.41 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 3 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE A- Stable
6th Aug 24	BARBRIK PROJECT LIMITED			Instrument & Lender Details BARBRIK PROJECT 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 38 Cr	ACUITE A1
	Bank Guarantee/Letter of Guarantee	Short-term	INR 50 Cr	ACUITE A1
	Bank Guarantee/Letter of Guarantee	Short-term	INR 22 Cr	ACUITE A1
	Bank Guarantee/Letter of Guarantee	Short-term	INR 80 Cr	ACUITE A1
	Bank Guarantee/Letter of Guarantee	Short-term	INR 38 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A1
	Proposed Bank Guarantee	Short-term	INR 32 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 30 Cr	ACUITE A1
	Cash Credit	Long-term	INR 2 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 6 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE A Stable
6th Aug 24	PRA INDIA PRIVATE LIMITED (erstwhile P R AGRAWAL PROJECT PRIVATE LIMITED)			Instrument & Lender Details PRA INDIA PRIVATE LIMITED (erstwhile P R AGRAWAL PROJECT 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 40 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 52 Cr	ACUITE A1
	Proposed Bank Guarantee	Short-term	INR 48 Cr	ACUITE A1
	Cash Credit	Long-term	INR 8 Cr	ACUITE A Stable
	Proposed Cash Credit	Long-term	INR 10 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 2 Cr	ACUITE A Stable
6th Aug 24	SHREE RAM TWISTEX PRIVATE LIMITED			Instrument & Lender Details SHREE RAM TWISTEX 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
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A3+
	Warehouse Receipt Financing	Short-term	INR 8.58 Cr	ACUITE A3+
	Warehouse Receipt Financing	Short-term	INR 11.42 Cr	ACUITE A3+
	Term Loan	Long-term	INR 16.91 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.93 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 16 Cr	ACUITE BBB Stable
	Working Capital Term Loan	Long-term	INR 1.19 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 6.83 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 5.7 Cr	ACUITE BBB Stable
6th Aug 24	INDALC SPIRITS PRIVATE LIMITED			Instrument & Lender Details INDALC SPIRITS 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
	Term Loan	Long-term	INR 85 Cr	ACUITE BB- Stable
	Proposed Long Term Loan	Long-term	INR 22 Cr	ACUITE BB- Stable
6th Aug 24	ALOK BUILDTECH PRIVATE LIMITED			Instrument & Lender Details ALOK BUILDTECH 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
	Bank Guarantee (BLR)	Short-term	INR 18.95 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 26.5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 11 Cr	ACUITE BB+
6th Aug 24	DOLLAR APPARELS			Instrument & Lender Details DOLLAR APPARELS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 3 = I am not a robot
	Packing Credit	Short-term	INR 10 Cr	ACUITE A4
	Term Loan	Long-term	INR 2 Cr	ACUITE B+
	Cash Credit	Long-term	INR 13 Cr	ACUITE B+
6th Aug 24	NOVUS GREEN ENERGY SYSTEMS LIMITED			Instrument & Lender Details NOVUS GREEN ENERGY SYSTEMS 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 + 2 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 40 Cr	ACUITE D
	Term Loan	Long-term	INR 6.85 Cr	ACUITE D
	Term Loan	Long-term	INR 6.91 Cr	ACUITE D
	Cash Credit	Long-term	INR 50 Cr	ACUITE D
	Term Loan	Long-term	INR 12.27 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 0.23 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 8.74 Cr	ACUITE D
6th Aug 24	VINTAGE COFFEE PRIVATE LIMITED			Instrument & Lender Details VINTAGE COFFEE 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 + 5 = I am not a robot
	PC/PCFC	Short-term	INR 25 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 4 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 10 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 44.47 Cr	ACUITE B-
6th Aug 24	ESS CEE ENTERPRISES			Instrument & Lender Details ESS CEE ENTERPRISES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 6 = I am not a robot
	Term Loan	Long-term	INR 5 Cr	ACUITE B-
	Term Loan	Long-term	INR 8.1 Cr	ACUITE B-
6th Aug 24	H P ORE PROCESSORS PRIVATE LIMITED			Instrument & Lender Details H P ORE PROCESSORS 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
	Term Loan	Long-term	INR 8 Cr	ACUITE D
	Cash Credit	Long-term	INR 2 Cr	ACUITE D
6th Aug 24	HEMA ABODES PRIVATE LIMITED			Instrument & Lender Details HEMA ABODES 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 + 8 = I am not a robot
	Term Loan	Long-term	INR 19.33 Cr	ACUITE B-
6th Aug 24	M J TRADERS			Instrument & Lender Details M J TRADERS 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
	Cash Credit	Long-term	INR 9.5 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE D