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Date	Entity Name				Rating Action
16th Feb 24	LAXMI PIPES LIMITED				Instrument & Lender Details LAXMI PIPES 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
	Cash Credit		Long-term	INR 21.25 Cr	ACUITE D
	Term Loan		Long-term	INR 2.25 Cr	ACUITE D
16th Feb 24	MECHATRONICS SYSTEMS PRIVATE LIMITED				Instrument & Lender Details MECHATRONICS SYSTEMS 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
	Letter of Credit		Short-term	INR 15 Cr	ACUITE D
	Bank Guarantee/Letter of Guarantee		Short-term	INR 1 Cr	ACUITE D
	Proposed Bank Guarantee		Short-term	INR 29.5 Cr	ACUITE D
	Secured Overdraft		Long-term	INR 9.5 Cr	ACUITE D
	Cash Credit		Long-term	INR 7 Cr	ACUITE D
	Secured Overdraft		Long-term	INR 13 Cr	ACUITE D
16th Feb 24	SKYWAY INFRAPROJECTS PRIVATE LIMITED				Instrument & Lender Details SKYWAY INFRAPROJECTS 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 + 8 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 150 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 32 Cr	ACUITE BB+
16th Feb 24	ASHOKA BUILDCON LIMITED				Instrument & Lender Details ASHOKA BUILDCON 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
	Bank Guarantee/Letter of Guarantee		Short-term	INR 85 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 172 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 160 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 135 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 198 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 255 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 120 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 275 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 105 Cr	ACUITE A1+
	Proposed Short Term Bank Facility		Short-term	INR 4136 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 57 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 145 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 120 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 57 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 69 Cr	ACUITE A1+
	Cash Credit		Long-term	INR 7 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 25 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 27 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 28 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 15 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 4 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 3 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 6 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 25 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 3 Cr	ACUITE AA Stable
	Proposed Long Term Bank Facility		Long-term	INR 49 Cr	ACUITE AA Stable
	Term Loan		Long-term	INR 25 Cr	ACUITE AA Stable
16th Feb 24	GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS LIMITED				Instrument & Lender Details GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS 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 + 2 = I am not a robot
	Letter of Credit		Short-term	INR 270 Cr	ACUITE A1+
	Letter of Credit		Short-term	INR 125 Cr	ACUITE A1+
	Letter of Credit		Short-term	INR 25 Cr	ACUITE A1+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 150 Cr	ACUITE A1+
	Letter of Credit		Short-term	INR 55 Cr	ACUITE A1+
	Letter of Credit		Short-term	INR 50 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 125 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 50 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 50 Cr	ACUITE A1+
	Proposed Short Term Bank Facility		Short-term	INR 1000 Cr	ACUITE A1+
	Cash Credit		Long-term	INR 690 Cr	ACUITE AA+ Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 100 Cr	ACUITE AA+ Stable
	PC/PCFC		Long-term	INR 75 Cr	ACUITE AA+ Stable
	Bills Discounting		Long-term	INR 50 Cr	ACUITE AA+ Stable
	Cash Credit		Long-term	INR 63 Cr	ACUITE AA+ Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 200 Cr	ACUITE AA+ Stable
	Cash Credit		Long-term	INR 5 Cr	ACUITE AA+ Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 10 Cr	ACUITE AA+ Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 10 Cr	ACUITE AA+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 230 Cr	ACUITE AA+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 567 Cr	ACUITE AA+ Stable
16th Feb 24	SONATA FINANCE PRIVATE LIMITED				Instrument & Lender Details SONATA FINANCE 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
	Non-Covertible Debentures (NCD)		Long-term	INR 22 Cr	ACUITE BBB+
	Non-Covertible Debentures (NCD)		Long-term	INR 30 Cr	ACUITE BBB+
	Proposed Term Loan		Long-term	INR 250 Cr	ACUITE BBB+
	Term Loan		Long-term	INR 10 Cr	ACUITE A- (CE)
	Proposed Non Convertible Debentures		Long-term	INR 38 Cr	ACUITE BBB+
	Principal protected market linked debentures		Long-term	INR 25 Cr	ACUITE PP-MLD BBB+
	Term Loan		Long-term	INR 10 Cr	ACUITE A- (CE)
	Term Loan		Long-term	INR 50 Cr	ACUITE A (CE)
	Non-Covertible Debentures (NCD)		Long-term	INR 80 Cr	ACUITE BBB+
16th Feb 24	VIBRANT FAB PRIVATE LIMITED				Instrument & Lender Details VIBRANT FAB 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
	PC/PCFC		Short-term	INR 6.7 Cr	ACUITE D
	Bills Discounting		Short-term	INR 8.3 Cr	ACUITE D
16th Feb 24	VIBRANT FASHIONS PRIVATE LIMITED				Instrument & Lender Details VIBRANT 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 8 + 9 = I am not a robot
	PC/PCFC		Short-term	INR 9 Cr	ACUITE D
	Cash Credit		Long-term	INR 1 Cr	ACUITE D
16th Feb 24	JASHANK IMPEX PRIVATE LIMITED				Instrument & Lender Details JASHANK IMPEX 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 + 9 = I am not a robot
	Cash Credit		Long-term	INR 10 Cr	ACUITE D
16th Feb 24	SIGMA C INFRASTRUCTURE PRIVATE LIMITED				Instrument & Lender Details SIGMA C INFRASTRUCTURE 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 + 2 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 19 Cr	ACUITE D
	Cash Credit		Long-term	INR 7.5 Cr	ACUITE D
	Proposed Long Term Loan		Long-term	INR 0.8 Cr	ACUITE D
16th Feb 24	TRISH IMPEX PRIVATE LIMITED				Instrument & Lender Details TRISH IMPEX 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 + 8 = I am not a robot
	Letter of Credit		Short-term	INR 7 Cr	ACUITE A4
	Cash Credit		Long-term	INR 2 Cr	ACUITE B+
15th Feb 24	ADURA FOUNDATION				Instrument & Lender Details ADURA FOUNDATION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 1 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.92 Cr	ACUITE A4
	Secured Overdraft		Long-term	INR 3 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.08 Cr	ACUITE B+
	Cash Credit		Long-term	INR 7 Cr	ACUITE B+
15th Feb 24	BLOW CAN INDUSTRIES				Instrument & Lender Details BLOW CAN INDUSTRIES 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 3 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.3 Cr	ACUITE A4
	Proposed Letter of Credit		Short-term	INR 1 Cr	ACUITE A4
	Proposed Bank Guarantee		Short-term	INR 0.7 Cr	ACUITE A4
	Cash Credit		Long-term	INR 3 Cr	ACUITE B+
	Term Loan		Long-term	INR 1 Cr	ACUITE B+
	Proposed Cash Credit		Long-term	INR 1 Cr	ACUITE B+
15th Feb 24	GOYAL INTERNATIONAL				Instrument & Lender Details GOYAL INTERNATIONAL 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
	PC/PCFC		Short-term	INR 6 Cr	ACUITE A4
	Cash Credit		Long-term	INR 2 Cr	ACUITE B+
15th Feb 24	K V PRATEEK ENTERPRISES				Instrument & Lender Details K V PRATEEK ENTERPRISES 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
	Bank Guarantee (BLR)		Short-term	INR 6 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 3.25 Cr	ACUITE BB+
15th Feb 24	KBR AGRO INDUSTRIES				Instrument & Lender Details KBR AGRO 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 + 5 = I am not a robot
	Cash Credit		Long-term	INR 8 Cr	ACUITE B+
	Term Loan		Long-term	INR 1 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 2 Cr	ACUITE B+
15th Feb 24	MAHESH RICE MILLS				Instrument & Lender Details MAHESH RICE MILLS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 3 = I am not a robot
	PC/PCFC		Short-term	INR 2.5 Cr	ACUITE A4
	Cash Credit		Long-term	INR 9.5 Cr	ACUITE B+
15th Feb 24	MATA PHOOLANWANTI EDUCATIONAL SOCIETY				Instrument & Lender Details MATA PHOOLANWANTI EDUCATIONAL SOCIETY To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 4 = I am not a robot
	Term Loan		Long-term	INR 10 Cr	ACUITE B+
15th Feb 24	SREE RAMA CONSTRUCTIONS				Instrument & Lender Details SREE RAMA CONSTRUCTIONS 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
	Bank Guarantee/Letter of Guarantee		Short-term	INR 6.57 Cr	ACUITE A4
	Proposed Bank Guarantee		Short-term	INR 0.19 Cr	ACUITE A4
	Secured Overdraft		Long-term	INR 3.24 Cr	ACUITE B+
15th Feb 24	HINDUJA GROUP LIMITED				Instrument & Lender Details HINDUJA GROUP 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
	Cash Credit		Long-term	INR 100 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 75 Cr	ACUITE Not Applicable