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Date	Entity Name				Rating Action
12th Sep 23	SBIW STEELS PRIVATE LIMITED				Instrument & Lender Details SBIW STEELS 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 + 9 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 6 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 0.19 Cr	ACUITE A4
	Cash Credit		Long-term	INR 2.25 Cr	ACUITE B+
	Term Loan		Long-term	INR 2.56 Cr	ACUITE B+
12th Sep 23	SECAN INVESCAST INDIA PRIVATE LIMITED				Instrument & Lender Details SECAN INVESCAST 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 6 + 1 = I am not a robot
	Letter of Credit		Short-term	INR 0.25 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.25 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 5 Cr	ACUITE BB-
	Term Loan		Long-term	INR 3.25 Cr	ACUITE BB-
12th Sep 23	SONALAC PAINTS AND COATINGS LIMITED				Instrument & Lender Details SONALAC PAINTS AND COATINGS 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
	Letter of Credit		Short-term	INR 4 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 6.5 Cr	ACUITE BB-
	Proposed Long Term Bank Facility		Long-term	INR 0.12 Cr	ACUITE BB-
	Secured Overdraft		Long-term	INR 2.69 Cr	ACUITE BB-
12th Sep 23	VIBGYOR PAINTS AND CHEMICALS PONDICHERRY				Instrument & Lender Details VIBGYOR PAINTS AND CHEMICALS PONDICHERRY 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
	Cash Credit		Long-term	INR 9 Cr	ACUITE B+
	Term Loan		Long-term	INR 1 Cr	ACUITE B+
12th Sep 23	SAI RADHA DEVELOPERS				Instrument & Lender Details SAI RADHA DEVELOPERS 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 11 Cr	ACUITE BB
	Term Loan		Long-term	INR 5 Cr	ACUITE BB
12th Sep 23	VELAN KRAFT HOUSE PRIVATE LIMITED				Instrument & Lender Details VELAN KRAFT HOUSE 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 + 1 = I am not a robot
	Secured Overdraft		Long-term	INR 15 Cr	ACUITE C
	Cash Credit		Long-term	INR 20 Cr	ACUITE C
12th Sep 23	MKM DIAMONDS PRIVATE LIMITED				Instrument & Lender Details MKM 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 2 + 6 = I am not a robot
	Bills Discounting		Long-term	INR 10 Cr	ACUITE B- Stable
	Secured Overdraft		Long-term	INR 12 Cr	ACUITE B- Stable
	Secured Overdraft		Long-term	INR 3 Cr	ACUITE B- Stable
12th Sep 23	KHALATKAR CONSTRUCTION INFRA PRIVATE LIMITED				Instrument & Lender Details KHALATKAR CONSTRUCTION INFRA 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 + 8 = I am not a robot
	Proposed Bank Guarantee		Short-term	INR 10 Cr	ACUITE A3
	Bank Guarantee/Letter of Guarantee		Short-term	INR 27.5 Cr	ACUITE A3
	Proposed Bank Guarantee		Short-term	INR 12.5 Cr	ACUITE A3
	Proposed Cash Credit		Long-term	INR 15 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 15 Cr	ACUITE BBB- Stable
	Proposed Cash Credit		Long-term	INR 10 Cr	ACUITE BBB- Stable
12th Sep 23	Gujarat Narmada Valley Fertilizers & Chemicals Limited				Instrument & Lender Details Gujarat Narmada Valley Fertilizers & 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 2 + 8 = I am not a robot
	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
	Proposed Short Term Bank Facility		Short-term	INR 1000 Cr	ACUITE A1+
	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 50 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 125 Cr	ACUITE A1+
	Bank Guarantee (BLR)		Short-term	INR 50 Cr	ACUITE A1+
11th Sep 23	LUCKY YARN TEX INDIA PRIVATE LIMITED				Instrument & Lender Details LUCKY YARN TEX 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 29 Cr	ACUITE A- Stable
	Working Capital Term Loan		Long-term	INR 12.07 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 5.18 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 0.8 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 19.85 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 3.78 Cr	ACUITE A- Stable
	Cash Credit		Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 6.18 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 16.71 Cr	ACUITE A- Stable
	Cash Credit		Long-term	INR 5 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 6.36 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 18.58 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 5.03 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 3.17 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 12.18 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 4.85 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 75.97 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 5 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 12 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 30 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility		Long-term	INR 3 Cr	ACUITE A- Stable
	Cash Credit		Long-term	INR 4 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility		Long-term	INR 6.29 Cr	ACUITE A- Stable
11th Sep 23	LUCKY WEAVESS INDIA PRIVATE LIMITED				Instrument & Lender Details LUCKY WEAVESS 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 6 + 9 = I am not a robot
	Term Loan		Long-term	INR 9.69 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 1.64 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 3.32 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 7.98 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 16.46 Cr	ACUITE A- Stable
	Cash Credit		Long-term	INR 5 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 10.77 Cr	ACUITE A- Stable
	Cash Credit		Long-term	INR 18.39 Cr	ACUITE A- Stable
	Cash Credit		Long-term	INR 1.61 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 76.4 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 61.1 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 5.03 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 4.1 Cr	ACUITE A- Stable
	Cash Credit		Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 20.22 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 7.5 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 12 Cr	ACUITE A- Stable
	Cash Credit		Long-term	INR 4 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility		Long-term	INR 0.79 Cr	ACUITE A- Stable
11th Sep 23	JAGANNATH POLYPACKS LIMITED				Instrument & Lender Details JAGANNATH POLYPACKS 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
	Bank Guarantee (BLR)		Short-term	INR 1.5 Cr	ACUITE A4
	Cash Credit		Long-term	INR 4.5 Cr	ACUITE C
11th Sep 23	KEDIA TEXFAB AND INDUSTRIES PRIVATE LIMITED				Instrument & Lender Details KEDIA TEXFAB AND 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 7 + 2 = I am not a robot
	Letter of Credit		Short-term	INR 40 Cr	ACUITE A4
	Cash Credit		Long-term	INR 20 Cr	ACUITE B+
11th Sep 23	KEJ MINERALS PRIVATE LIMITED				Instrument & Lender Details KEJ MINERALS 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 + 1 = I am not a robot
	Bills Discounting		Short-term	INR 15 Cr	ACUITE A4+
	Bank Guarantee (BLR)		Short-term	INR 0.15 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 10 Cr	ACUITE BB-
	Term Loan		Long-term	INR 1.21 Cr	ACUITE BB-
	Term Loan		Long-term	INR 1.86 Cr	ACUITE BB-
	Term Loan		Long-term	INR 1.89 Cr	ACUITE BB-
	Term Loan		Long-term	INR 0.07 Cr	ACUITE BB-
	Proposed Long Term Loan		Long-term	INR 0.82 Cr	ACUITE BB-
11th Sep 23	METECHNO INDIA PRIVATE LIMITED				Instrument & Lender Details METECHNO 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 1 + 3 = I am not a robot
	Letter of Credit		Short-term	INR 14 Cr	ACUITE A4
	Bank Guarantee (BLR)		Short-term	INR 4 Cr	ACUITE A4
	Cash Credit		Long-term	INR 9 Cr	ACUITE B-
	Working Capital Term Loan		Long-term	INR 17.34 Cr	ACUITE B-
	Term Loan		Long-term	INR 0.68 Cr	ACUITE B-
	Term Loan		Long-term	INR 1.09 Cr	ACUITE B-
	Proposed Working Capital Demand Loan		Long-term	INR 10.33 Cr	ACUITE B-
11th Sep 23	PAWANKUMAR KEDIA AND CO				Instrument & Lender Details PAWANKUMAR KEDIA AND CO 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
	Cash Credit		Long-term	INR 30 Cr	ACUITE B+
11th Sep 23	RITIKA VEGETABLE OIL PRIVATE LIMITED				Instrument & Lender Details RITIKA VEGETABLE OIL 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 + 5 = I am not a robot
	Working Capital Term Loan		Short-term	INR 2.5 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 25 Cr	ACUITE BB+
	Term Loan		Long-term	INR 3.95 Cr	ACUITE BB+
11th Sep 23	DHARRANEE ROOFING PLANT PRIVATE LIMITED				Instrument & Lender Details DHARRANEE ROOFING PLANT 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
	Letter of Credit		Short-term	INR 16 Cr	ACUITE D
	Letter of Credit		Short-term	INR 6.5 Cr	ACUITE D
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.32 Cr	ACUITE D
	Term Loan		Long-term	INR 1.28 Cr	ACUITE D
	Cash Credit		Long-term	INR 15 Cr	ACUITE D
	Term Loan		Long-term	INR 5.12 Cr	ACUITE D
	Term Loan		Long-term	INR 9.83 Cr	ACUITE D
	Term Loan		Long-term	INR 0.15 Cr	ACUITE D
	Term Loan		Long-term	INR 0.15 Cr	ACUITE D
	Term Loan		Long-term	INR 0.12 Cr	ACUITE D
	Proposed Long Term Bank Facility		Long-term	INR 4.99 Cr	ACUITE D
11th Sep 23	LAKSHYA WAREHOUSING				Instrument & Lender Details LAKSHYA WAREHOUSING To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 7 = I am not a robot
	Term Loan		Long-term	INR 7.25 Cr	ACUITE D
11th Sep 23	MMR CONSTRUCTION COMPANY PRIVATE LIMITED				Instrument & Lender Details MMR CONSTRUCTION COMPANY 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
	Bank Guarantee (BLR)		Short-term	INR 0.22 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 14.78 Cr	ACUITE A4+
	Term Loan		Long-term	INR 3.7 Cr	ACUITE BB+
	Term Loan		Long-term	INR 1.43 Cr	ACUITE BB+
	Term Loan		Long-term	INR 2.24 Cr	ACUITE BB+
	Term Loan		Long-term	INR 0.41 Cr	ACUITE BB+
	Term Loan		Long-term	INR 2 Cr	ACUITE BB+
	Secured Overdraft		Long-term	INR 0.27 Cr	ACUITE BB+
	Proposed Long Term Bank Facility		Long-term	INR 4.95 Cr	ACUITE BB+