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Date	Entity Name			Rating Action
4th Dec 23	SUPTHA MAHALAKSHMI STEELS REROLLING MILLS			Instrument & Lender Details SUPTHA MAHALAKSHMI STEELS REROLLING MILLS 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
	Term Loan	Long-term	INR 3.5 Cr	ACUITE B+
	Cash Credit	Long-term	INR 5 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 9.8 Cr	ACUITE B+
4th Dec 23	TALEEM RESEARCH FOUNDATION			Instrument & Lender Details TALEEM RESEARCH FOUNDATION 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
	Term Loan	Long-term	INR 160 Cr	ACUITE C
	Term Loan	Long-term	INR 150 Cr	ACUITE C
4th Dec 23	THE ANANDA BAG TEA CO LIMITED			Instrument & Lender Details THE ANANDA BAG TEA 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 + 4 = I am not a robot
	PC/PCFC	Short-term	INR 0.8 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A4+
	Bills Discounting	Short-term	INR 4 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 8.2 Cr	ACUITE BB-
4th Dec 23	SUPERFINE METALS PRIVATE LIMITED			Instrument & Lender Details SUPERFINE METALS 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 + 9 = I am not a robot
	Letter of Credit	Short-term	INR 6 Cr	ACUITE D
	Cash Credit	Long-term	INR 52 Cr	ACUITE D
	Cash Credit	Long-term	INR 25 Cr	ACUITE D
	Cash Credit	Long-term	INR 23 Cr	ACUITE D
	Term Loan	Long-term	INR 15.43 Cr	ACUITE D
1st Dec 23	GANGAMAI INDUSTRIES AND CONSTRUCTIONS LIMITED			Instrument & Lender Details GANGAMAI INDUSTRIES AND CONSTRUCTIONS 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 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 40 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A2
	Term Loan	Long-term	INR 2.21 Cr	ACUITE BBB+ Stable
	Covid Emergency Line.	Long-term	INR 5.62 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 47.37 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 82 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 18 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 1.12 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 22 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 45 Cr	ACUITE BBB+ Stable
	Covid Emergency Line.	Long-term	INR 2.6 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 6 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 110 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Covid Emergency Line.	Long-term	INR 2.23 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 26.07 Cr	ACUITE BBB+ Stable
1st Dec 23	WHEEL FLEXIBLE PACKAGING			Instrument & Lender Details WHEEL FLEXIBLE PACKAGING 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
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB+ Stable
	Working Capital Term Loan	Long-term	INR 0.79 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.87 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB+ Stable
	Proposed Cash Credit	Long-term	INR 6.14 Cr	ACUITE BB+ Stable
	Working Capital Term Loan	Long-term	INR 2.8 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 12.97 Cr	ACUITE BB+ Stable
	Proposed Cash Credit	Long-term	INR 3.86 Cr	ACUITE BB+ Stable
1st Dec 23	ENPRO INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details ENPRO INDUSTRIES 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 + 5 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 69 Cr	ACUITE A2+
	Bank Guarantee (BLR)	Short-term	INR 13 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 4 Cr	ACUITE A2+
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 56 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 41 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.25 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 23 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.64 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.78 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.85 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.41 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.31 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.52 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.69 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.75 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 16.3 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 115 Cr	ACUITE A- Stable
1st Dec 23	N R ISPAT AND POWER PRIVATE LIMITED			Instrument & Lender Details N R ISPAT AND POWER 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2.5 Cr	ACUITE A2+
	Term Loan	Long-term	INR 4.42 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.16 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 26.9 Cr	ACUITE A- Stable
	Proposed Long Term Loan	Long-term	INR 15.02 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 135 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 80 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE A- Stable
1st Dec 23	N R TMT INDIA PRIVATE LIMITED			Instrument & Lender Details N R TMT 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 3 + 7 = I am not a robot
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.4 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.15 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 2 Cr	ACUITE A- Stable
1st Dec 23	NR STEEL AND FERRO PRIVATE LIMITED			Instrument & Lender Details NR STEEL AND FERRO 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
	Cash Credit	Long-term	INR 15 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE A- Stable
	Proposed Cash Credit	Long-term	INR 2.7 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 32.3 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 35 Cr	ACUITE A- Stable
1st Dec 23	NRVS STEELS LIMITED (ERSTWHILE SELENO STEELS LIMITED)			Instrument & Lender Details NRVS STEELS LIMITED (ERSTWHILE SELENO 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 3 + 7 = I am not a robot
	Cash Credit	Long-term	INR 27 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 33 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 40 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.99 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 131.24 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.06 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.1 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.95 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.76 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 7.16 Cr	ACUITE A- Stable
1st Dec 23	WHEEL FLEXIBLE PACKAGING PRIVATE LIMITED			Instrument & Lender Details WHEEL FLEXIBLE PACKAGING 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 + 2 = I am not a robot
	PC/PCFC	Short-term	INR 10 Cr	ACUITE A4+
	Working Capital Term Loan	Long-term	INR 2.01 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 5.52 Cr	ACUITE BB+ Stable
	Working Capital Term Loan	Long-term	INR 0.89 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.4 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 17.98 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 4.52 Cr	ACUITE BB+ Stable
1st Dec 23	FITCAST FOUNDERS AND ENGINEERS PRIVATE LIMITED			Instrument & Lender Details FITCAST FOUNDERS AND 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 5 + 3 = I am not a robot
	Term Loan	Long-term	INR 3 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE BB Stable
	Secured Overdraft	Long-term	INR 4.5 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 3.28 Cr	ACUITE BB Stable
	Working Capital Term Loan	Long-term	INR 0.22 Cr	ACUITE BB Stable
	Working Capital Term Loan	Long-term	INR 1.5 Cr	ACUITE BB Stable
1st Dec 23	CITYGOLD ENTERTAINMENT LIMITED			Instrument & Lender Details CITYGOLD ENTERTAINMENT 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 40 Cr	ACUITE BBB- Stable
1st Dec 23	NARAYAN AGRO FOODS LIMITED			Instrument & Lender Details NARAYAN AGRO FOODS 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
	Cash Credit	Long-term	INR 22 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 2.82 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 1.87 Cr	ACUITE BB Stable
1st Dec 23	LARE FIBC AND ENERGIES PRIVATE LIMITED (ERSTWHILE TECH SUN ENERGIES PRIVATE LIMITED)			Instrument & Lender Details LARE FIBC AND ENERGIES PRIVATE LIMITED (ERSTWHILE TECH SUN ENERGIES 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
	PC/PCFC	Short-term	INR 2 Cr	ACUITE D
	Letter of Credit	Short-term	INR 1.5 Cr	ACUITE D
	Term Loan	Long-term	INR 17.4 Cr	ACUITE D
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE D
	Term Loan	Long-term	INR 7.6 Cr	ACUITE D
1st Dec 23	JSP AUTOCORE PRIVATE LIMITED			Instrument & Lender Details JSP AUTOCORE 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 + 4 = I am not a robot
	Inventory Funding	Long-term	INR 40 Cr	ACUITE BBB- Stable
	Inventory Funding	Long-term	INR 15 Cr	ACUITE BBB- Stable
30th Nov 23	SICAGEN INDIA LIMITED			Instrument & Lender Details SICAGEN INDIA 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 + 4 = I am not a robot
	Bills Discounting	Short-term	INR 10 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 6 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 17 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 10 Cr	ACUITE BBB Stable
30th Nov 23	MANAKSIA ALUMINIUM COMPANY LIMITED			Instrument & Lender Details MANAKSIA ALUMINIUM COMPANY 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
	Letter of Credit	Short-term	INR 11.5 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 9 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A2+
	Bank Guarantee (BLR)	Short-term	INR 7.5 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 12 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 27 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 2.4 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 0.44 Cr	ACUITE BBB+ Negative
	Cash Credit	Long-term	INR 40 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 0.93 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 6.59 Cr	ACUITE BBB+ Negative
	Cash Credit	Long-term	INR 35 Cr	ACUITE BBB+ Negative
	Cash Credit	Long-term	INR 14 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 0.77 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 0.93 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 1.88 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 2.6 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 2.13 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 2.18 Cr	ACUITE BBB+ Negative
	Cash Credit	Long-term	INR 19 Cr	ACUITE BBB+ Negative
	Cash Credit	Long-term	INR 14 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 2.67 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 2.31 Cr	ACUITE BBB+ Negative
	Proposed Long Term Bank Facility	Long-term	INR 9.17 Cr	ACUITE BBB+ Negative
30th Nov 23	STONEX INDIA PRIVATE LIMITED			Instrument & Lender Details STONEX 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 7 + 5 = I am not a robot
	Cash Credit	Long-term	INR 37.5 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.3 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 1.85 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 6 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 22.5 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 7.47 Cr	ACUITE BBB+ Stable
	Proposed Term Loan	Long-term	INR 8.47 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 4.47 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 4.71 Cr	ACUITE BBB+ Stable