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Date	Entity Name			Rating Action
15th Feb 24	OLYMPIC ENGINEERS PRIVATE LIMITED			Instrument & Lender Details OLYMPIC 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 7 + 4 = I am not a robot
	Cash Credit	Long-term	INR 2 Cr	ACUITE BB-
	Term Loan	Long-term	INR 4.55 Cr	ACUITE BB-
	Proposed Long Term Loan	Long-term	INR 1 Cr	ACUITE BB-
	Proposed Cash Credit	Long-term	INR 2 Cr	ACUITE BB-
15th Feb 24	PAN TEX NONWOVEN PRIVATE LIMITED			Instrument & Lender Details PAN TEX NONWOVEN 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
	Letter of Credit	Short-term	INR 45.56 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB
15th Feb 24	PONDICHERRY SRI LAKSHMI JEWELLERY			Instrument & Lender Details PONDICHERRY SRI LAKSHMI JEWELLERY To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 4 = I am not a robot
	Cash Credit	Long-term	INR 49 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.53 Cr	ACUITE B+
	Term Loan	Long-term	INR 20.47 Cr	ACUITE B+
15th Feb 24	SHREE BHOLEY ALLOYS PRIVATE LIMITED			Instrument & Lender Details SHREE BHOLEY 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 3 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 16 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 25 Cr	ACUITE BB+
	Term Loan	Long-term	INR 16.86 Cr	ACUITE BB+
15th Feb 24	SHREE NAKODA INFRASTEEL PRIVATE LIMITED			Instrument & Lender Details SHREE NAKODA INFRASTEEL 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.47 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 2.53 Cr	ACUITE B+
15th Feb 24	VISTAR INTERIOR LLP			Instrument & Lender Details VISTAR INTERIOR LLP 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 12 Cr	ACUITE A4
	Cash Credit	Long-term	INR 0.25 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.17 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.33 Cr	ACUITE B+
15th Feb 24	ASHV FINANCE LIMITED			Instrument & Lender Details ASHV FINANCE 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
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 17 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 37 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 21 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 12 Cr	ACUITE BBB- Stable
	Proposed Term Loan	Long-term	INR 1.09 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 7.29 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 3.79 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 30 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 20 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Proposed Non Convertible Debentures	Long-term	INR 5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 23.33 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 20 Cr	ACUITE BBB- Stable
14th Feb 24	KNITEX TEXTILES PRIVATE LIMITED			Instrument & Lender Details KNITEX TEXTILES 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 + 3 = I am not a robot
	Bills Discounting	Short-term	INR 4.8 Cr	ACUITE A4+
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BB Stable
14th Feb 24	INDUSIND MEDIA AND COMMUNICATION LIMITED			Instrument & Lender Details INDUSIND MEDIA AND COMMUNICATION 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE Not Applicable
14th Feb 24	JAHIR IMPEX			Instrument & Lender Details JAHIR IMPEX 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
	Letter of Credit	Short-term	INR 8.75 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.25 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 1.75 Cr	ACUITE Not Applicable
14th Feb 24	GREEN GENE RECYCLERS PRIVATE LIMITED			Instrument & Lender Details GREEN GENE RECYCLERS 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
	Term Loan	Long-term	INR 39 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE A- Stable
13th Feb 24	PRA HATIBENA BADAKUMARI EXPRESSWAY PRIVATE LIMITED			Instrument & Lender Details PRA HATIBENA BADAKUMARI EXPRESSWAY 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
	Term Loan	Long-term	INR 156.6 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 165 Cr	ACUITE BBB Stable
	Proposed Term Loan	Long-term	INR 3.4 Cr	ACUITE BBB Stable
13th Feb 24	INDITRADE FINCORP LIMITED (formerly JRG FINCORP LIMITED)			Instrument & Lender Details INDITRADE FINCORP LIMITED (formerly JRG FINCORP 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 + 8 = I am not a robot
	Term Loan	Long-term	INR 1.5 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 8.82 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 19.57 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 10.37 Cr	ACUITE BBB-
	Proposed Non Convertible Debentures	Long-term	INR 50 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 7.05 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.85 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 49.84 Cr	ACUITE BBB- Stable
13th Feb 24	INDITRADE MICROFINANCE LIMITED			Instrument & Lender Details INDITRADE MICROFINANCE 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
	Term Loan	Long-term	INR 10.42 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 8.14 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 7 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 8.33 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 8.33 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 6.82 Cr	ACUITE BBB-
	Secured Overdraft	Long-term	INR 2.95 Cr	ACUITE Not Applicable
	Secured Overdraft	Long-term	INR 0.96 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 9.2 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 9 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 4.09 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 6.02 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4.69 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 10.42 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 2.81 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 6.25 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 6.25 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 3.75 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 11.5 Cr	ACUITE BBB- Stable
	Proposed Non Convertible Debentures	Long-term	INR 20 Cr	ACUITE Not Applicable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4.88 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.25 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 0.54 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 0.5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 5.86 Cr	ACUITE Not Applicable
	Term Loan	Short-term	INR 4 Cr	ACUITE A3+
	Term Loan	Short-term	INR 0.5 Cr	ACUITE A3+
	Proposed Term Loan	Long-term	INR 43.54 Cr	ACUITE BBB- Stable
13th Feb 24	LAXMI INDIA FINANCE PRIVATE LIMITED (ERSTWHILE LAXMI INDIA FINLEASECAP PRIVATE LIMITED)			Instrument & Lender Details LAXMI INDIA FINANCE PRIVATE LIMITED (ERSTWHILE LAXMI INDIA FINLEASECAP 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 1.48 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.46 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.57 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.02 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.25 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.57 Cr	ACUITE A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.56 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.53 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.08 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 16.67 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.02 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.24 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.35 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.18 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.64 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.81 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.67 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.31 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.34 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.19 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.47 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.21 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.63 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.08 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.46 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.22 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.95 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.63 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.17 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 12.97 Cr	ACUITE A- Stable
	Proposed Secured Non-Convertible Debentures	Long-term	INR 5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.72 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 5.83 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.7 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.46 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 5.83 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.1 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.31 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.94 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.15 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.22 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.36 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.78 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.53 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.39 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.78 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.18 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.68 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20.79 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.29 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.33 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 24.31 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 64.97 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.61 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.94 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 28.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.03 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.48 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.03 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 18.28 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.82 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.72 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.75 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.67 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.84 Cr	ACUITE A- Stable
13th Feb 24	DURLAX TOP SURFACE LIMITED (ERSTWHILE DURLAX ARCHITECH PRIVATE LIMITED)			Instrument & Lender Details DURLAX TOP SURFACE LIMITED (ERSTWHILE DURLAX ARCHITECH 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE B+
	Term Loan	Long-term	INR 24.2 Cr	ACUITE B+
13th Feb 24	KUSHAL POLYSACKS PRIVATE LIMITED			Instrument & Lender Details KUSHAL POLYSACKS 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
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A4
	Cash Credit	Long-term	INR 57 Cr	ACUITE B+
13th Feb 24	MFAR CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details MFAR CONSTRUCTIONS 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
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 32.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 29 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 32 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 7 Cr	ACUITE BB-
	Working Capital Demand Loan (WCDL)	Long-term	INR 25 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 10.45 Cr	ACUITE BB-
	Proposed Cash Credit	Long-term	INR 8 Cr	ACUITE Not Applicable
13th Feb 24	SUNNY VIEW ESTATES PRIVATE LIMITED			Instrument & Lender Details SUNNY VIEW ESTATES 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
	Lease Rental Discounting	Long-term	INR 5.13 Cr	ACUITE BB Stable
	Lease Rental Discounting	Long-term	INR 6 Cr	ACUITE BB Stable
	Lease Rental Discounting	Long-term	INR 123.81 Cr	ACUITE BB Stable
	Lease Rental Discounting	Long-term	INR 7.48 Cr	ACUITE BB Stable
	Lease Rental Discounting	Long-term	INR 4.58 Cr	ACUITE BB Stable
12th Feb 24	PRADIP POLYFILS PRIVATE LIMITED			Instrument & Lender Details PRADIP POLYFILS 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 + 3 = I am not a robot
	Letter of Credit	Short-term	INR 1.4 Cr	ACUITE Not Applicable
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.08 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 3 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.65 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 11.07 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 16.93 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.42 Cr	ACUITE Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 5.45 Cr	ACUITE BBB- Stable