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Date	Entity Name			Rating Action
22nd Nov 23	MAHAAVIR SUPERSTRUCTURES PRIVATE LIMITED			Instrument & Lender Details MAHAAVIR SUPERSTRUCTURES 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
	Term Loan	Long-term	INR 70 Cr	ACUITE BBB- Stable
22nd Nov 23	NIRMALA FILAMENTS INDIA PRIVATE LIMITED			Instrument & Lender Details NIRMALA FILAMENTS 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 8 + 2 = I am not a robot
	Letter of Credit	Short-term	INR 4.25 Cr	ACUITE A2
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 5.25 Cr	ACUITE BBB+ Stable
22nd Nov 23	NIRMALA MONOFIL PRIVATE LIMITED			Instrument & Lender Details NIRMALA MONOFIL 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
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A2
	Cash Credit	Long-term	INR 2 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 6.6 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 3.58 Cr	ACUITE BBB+ Stable
22nd Nov 23	NIRMALA POLYROPES INDIA PRIVATE LIMITED			Instrument & Lender Details NIRMALA POLYROPES 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 2 + 1 = I am not a robot
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A2
	Cash Credit	Long-term	INR 3 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 8.2 Cr	ACUITE BBB+ Stable
22nd Nov 23	L P F SYSTEMS PRIVATE LIMITED			Instrument & Lender Details L P F 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 9 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 1.25 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4 Cr	ACUITE B+ Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 1.5 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 0.98 Cr	ACUITE B+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 42.07 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 0.45 Cr	ACUITE B+ Stable
22nd Nov 23	AVIOM INDIA HOUSING FINANCE PRIVATE LIMITED			Instrument & Lender Details AVIOM INDIA HOUSING 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 9 + 7 = I am not a robot
	Term Loan	Long-term	INR 1.33 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.33 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.25 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 40 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.94 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.31 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.25 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.09 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.94 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.12 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.87 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.58 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.12 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.88 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.43 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.77 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.09 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 4.65 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.23 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.64 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.19 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.31 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.44 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.18 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.81 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.38 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 15 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 14.5 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 22 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 4.41 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.13 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.85 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.6 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.02 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 31.11 Cr	ACUITE AA Stable
	Term Loan	Long-term	INR 0.05 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.09 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.32 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 4.67 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 7.04 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.69 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.37 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.13 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.86 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 7.59 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 3.59 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 3.53 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 6.25 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 4.52 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.55 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 5.52 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.75 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 4.52 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 4.49 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 1 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 24.6 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 21.3 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 4.08 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.23 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.17 Cr	ACUITE BBB+ Stable
	Proposed Long Term Loan	Long-term	INR 5.03 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 21.5 Cr	ACUITE BBB+ Stable
	Proposed Non Convertible Debentures	Long-term	INR 4.3 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 21 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 21 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 8.57 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 24.04 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 11.5 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 10.56 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 16.67 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 8 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 13.13 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 37.2 Cr	ACUITE BBB+ Stable
	Proposed Long Term Loan	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE BBB+ Stable
22nd Nov 23	SWAMINARAYAN DIAMONDS PRIVATE LIMITED			Instrument & Lender Details SWAMINARAYAN DIAMONDS 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
	Cash Credit	Long-term	INR 38 Cr	ACUITE B+
22nd Nov 23	ANDREW YULE AND CO LIMITED			Instrument & Lender Details ANDREW YULE AND CO 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/Letter of Guarantee	Short-term	INR 13 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 9 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 7 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 2.5 Cr	ACUITE A4+
	FBN/FBP/FBD/PSFC/FBE	Short-term	INR 1.1 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 14.51 Cr	ACUITE BB
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE BB
	Secured Overdraft	Long-term	INR 11.75 Cr	ACUITE BB
22nd Nov 23	MILTON INDUSTRIES LIMITED			Instrument & Lender Details MILTON 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 6 + 2 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 7 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.75 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.61 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.64 Cr	ACUITE B+
22nd Nov 23	SMVD POLY PACK LIMITED			Instrument & Lender Details SMVD POLY PACK 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
	Cash Credit	Long-term	INR 16 Cr	ACUITE BB-
	Term Loan	Long-term	INR 12.77 Cr	ACUITE BB-
22nd Nov 23	FINO FINANCE PRIVATE LIMITED			Erratum \| Instrument & Lender Details FINO 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 4 + 3 = I am not a robot
	Term Loan	Long-term	INR 20 Cr	ACUITE BB+
22nd Nov 23	VIVO BIO TECH LIMITED			Instrument & Lender Details VIVO BIO TECH 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE A3
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB- Negative
	Term Loan	Long-term	INR 1.26 Cr	ACUITE BBB- Negative
	Term Loan	Long-term	INR 23.95 Cr	ACUITE BBB- Negative
	Term Loan	Long-term	INR 13.98 Cr	ACUITE BBB- Negative
	Secured Overdraft	Long-term	INR 1.8 Cr	ACUITE BBB- Negative
	Term Loan	Long-term	INR 0.67 Cr	ACUITE BBB- Negative
	Term Loan	Long-term	INR 3.03 Cr	ACUITE BBB- Negative
22nd Nov 23	PANKAJ ISPAT LIMITED			Instrument & Lender Details PANKAJ ISPAT 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 + 8 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 0.47 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 0.17 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 2.41 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 1.55 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 0.47 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 0.17 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 2.41 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 1.55 Cr	ACUITE BB+
22nd Nov 23	KALINDI ISPAT PRIVATE LIMITED			Instrument & Lender Details KALINDI 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 1 + 8 = I am not a robot
	Cash Credit	Long-term	INR 19.5 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.88 Cr	ACUITE BBB- Stable
21st Nov 23	EASTERN NAVIGATION PRIVATE LIMITED			Instrument & Lender Details EASTERN NAVIGATION 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 + 6 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 5 Cr	ACUITE A3+
	Proposed Short Term Bank Facility	Short-term	INR 4.23 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 10.67 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 23.45 Cr	ACUITE BBB Stable
21st Nov 23	REACHASIA			Instrument & Lender Details REACHASIA 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
	Proposed Cash Credit	Long-term	INR 12 Cr	ACUITE BBB Stable
21st Nov 23	RADHE SHAM RAVI PRAKASH TIMBERS PRIVATE LIMITED			Instrument & Lender Details RADHE SHAM RAVI PRAKASH TIMBERS 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
	Letter of Credit	Short-term	INR 48 Cr	ACUITE A4+
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE BB-
21st Nov 23	ITALIX LIVING SPACES PRIVATE LIMITED			Instrument & Lender Details ITALIX LIVING SPACES 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 570 Cr	ACUITE D
21st Nov 23	COLLECTIVE FOODS INDIA LLP			Instrument & Lender Details COLLECTIVE FOODS INDIA LLP 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
	Proposed Long Term Bank Facility	Long-term	INR 8 Cr	ACUITE B-
21st Nov 23	PANCHAKSHARI CASHEWS			Instrument & Lender Details PANCHAKSHARI CASHEWS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 2 = I am not a robot
	Cash Credit	Long-term	INR 6.25 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.77 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 4 Cr	ACUITE B+