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Date	Entity Name				Rating Action
9th Aug 23	NARAYANI RESOURCES PRIVATE LIMITED				Instrument & Lender Details NARAYANI RESOURCES 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 + 7 = I am not a robot
	Letter of Credit		Short-term	INR 30 Cr	ACUITE A3
	Letter of Credit		Short-term	INR 47 Cr	ACUITE A3
	Proposed Short Term Bank Facility		Short-term	INR 3 Cr	ACUITE A3
	Letter of Credit		Short-term	INR 20 Cr	ACUITE A3
	Proposed Short Term Bank Facility		Short-term	INR 17 Cr	ACUITE A3
	Cash Credit		Long-term	INR 17.5 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 5 Cr	ACUITE BBB- Stable
	Packing Credit		Long-term	INR 7.5 Cr	ACUITE BBB- Stable
	Cash Credit		Long-term	INR 5 Cr	ACUITE BBB- Stable
	Proposed Cash Credit		Long-term	INR 8 Cr	ACUITE BBB- Stable
9th Aug 23	N L C India Limited				Instrument & Lender Details N L C 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 7 + 5 = I am not a robot
	Proposed Long Term Bank Facility		Long-term	INR 1000 Cr	ACUITE AAA Stable
9th Aug 23	CANDY SPIRITS PRIVATE LIMITED				Instrument & Lender Details CANDY SPIRITS 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
	Cash Credit		Long-term	INR 8 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 18 Cr	ACUITE BBB+ Stable
9th Aug 23	KERALA FINANCIAL CORPORATION				Instrument & Lender Details KERALA FINANCIAL CORPORATION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 3 = I am not a robot
	Short-term Loan		Short-term	INR 250 Cr	ACUITE A1
	Short-term Loan		Short-term	INR 100 Cr	ACUITE A1
	Short-term Loan		Short-term	INR 40.99 Cr	ACUITE A1
	Short-term Loan		Short-term	INR 100 Cr	ACUITE A1
	Short-term Loan		Short-term	INR 10 Cr	ACUITE A1
	Short-term Loan		Short-term	INR 200 Cr	ACUITE A1
	Proposed Non Convertible Debentures		Long-term	INR 406 Cr	ACUITE AA Stable
	Proposed Long Term Loan		Long-term	INR 28.35 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 984.72 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 270.83 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 1647.45 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 916.64 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 212.19 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 399.25 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 39.58 Cr	ACUITE A+ Stable
	Term Loan		Long-term	INR 200 Cr	ACUITE A+ Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 50 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 50 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 50 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 50 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 50 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 62.5 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 62.5 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 62.5 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 62.5 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 16.3 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 10.45 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 4.75 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 62.5 Cr	ACUITE AA Stable
	Term Loan		Long-term	INR 100 Cr	ACUITE A+ Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 95.3 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 95.3 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 95.3 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 95.3 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 95.3 Cr	ACUITE AA Stable
	Proposed Bond		Long-term	INR 1000 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 54.7 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 54.7 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 54.7 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 54.7 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 54.7 Cr	ACUITE AA Stable
	Term Loan		Long-term	INR 500 Cr	ACUITE A+ Stable
9th Aug 23	CANDY ENTERPRISES PRIVATE LIMITED				Instrument & Lender Details CANDY ENTERPRISES 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
	Proposed Long Term Bank Facility		Long-term	INR 4 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 17 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 26 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 14 Cr	ACUITE BBB+ Stable
8th Aug 23	NIMA ENTERPRISES PRIVATE LIMITED				Instrument & Lender Details NIMA ENTERPRISES 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
	Bills Discounting		Short-term	INR 2.1 Cr	ACUITE A4
	Cash Credit		Long-term	INR 3.8 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.4 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 0.5 Cr	ACUITE B+
8th Aug 23	R K INDUSTRIES				Instrument & Lender Details R K INDUSTRIES 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
	Cash Credit		Long-term	INR 5.51 Cr	ACUITE B+
8th Aug 23	LATALA CONSTRUCTION CO				Instrument & Lender Details LATALA CONSTRUCTION CO 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/Letter of Guarantee		Short-term	INR 15 Cr	ACUITE A4
	Proposed Bank Guarantee		Short-term	INR 14 Cr	ACUITE A4
	Cash Credit		Long-term	INR 6 Cr	ACUITE B+
8th Aug 23	SHREE BHARKA INDIA LIMITED				Instrument & Lender Details SHREE BHARKA 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 4 + 9 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 1 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 18 Cr	ACUITE BB Stable
8th Aug 23	MAHAKAUSHAL SUGAR AND POWER INDUSTRIES LIMITED				Instrument & Lender Details MAHAKAUSHAL SUGAR AND POWER 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 4 + 8 = I am not a robot
	Cash Credit		Long-term	INR 10 Cr	ACUITE BB-
8th Aug 23	PLASTIC COMPONENT INDUSTRIES				Instrument & Lender Details PLASTIC COMPONENT 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 + 2 = I am not a robot
	Term Loan		Long-term	INR 1.93 Cr	ACUITE B-
	Term Loan		Long-term	INR 3.06 Cr	ACUITE B-
	Term Loan		Long-term	INR 0.18 Cr	ACUITE B-
	Cash Credit		Long-term	INR 5.1 Cr	ACUITE B-
	Proposed Long Term Bank Facility		Long-term	INR 11.73 Cr	ACUITE B-
8th Aug 23	VIKAS FABRIC FINERS				Instrument & Lender Details VIKAS FABRIC FINERS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 1 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.36 Cr	ACUITE A4
	Cash Credit		Long-term	INR 3 Cr	ACUITE B+
	Term Loan		Long-term	INR 4.22 Cr	ACUITE B+
	Term Loan		Long-term	INR 3.35 Cr	ACUITE B+
	Proposed Long Term Loan		Long-term	INR 0.1 Cr	ACUITE B+
8th Aug 23	MANDOVI DRYDOCKS				Instrument & Lender Details MANDOVI DRYDOCKS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 6 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 6 Cr	ACUITE A4
	Cash Credit		Long-term	INR 10 Cr	ACUITE B+
8th Aug 23	YADAV SOLVEX PRIVATE LIMITED				Instrument & Lender Details YADAV SOLVEX 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 + 3 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.04 Cr	ACUITE A4
	Cash Credit		Long-term	INR 6 Cr	ACUITE B+
	Term Loan		Long-term	INR 4.41 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 3.8 Cr	ACUITE B+
8th Aug 23	MANISHA ENGINEERS PRIVATE LIMITED				Instrument & Lender Details MANISHA 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 6 + 3 = I am not a robot
	Bills Discounting		Short-term	INR 2 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 2.75 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.25 Cr	ACUITE A4
	Cash Credit		Long-term	INR 3 Cr	ACUITE B
8th Aug 23	GUBBA AGRO FRESH PRIVATE LIMITED				Instrument & Lender Details GUBBA AGRO FRESH 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
	Secured Overdraft		Long-term	INR 2 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 13.21 Cr	ACUITE BBB- Stable
	Working Capital Term Loan		Long-term	INR 1.62 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility		Long-term	INR 0.41 Cr	ACUITE BBB- Stable
8th Aug 23	FINSTARS CAPITAL LIMITED				Instrument & Lender Details FINSTARS CAPITAL 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
	Non-Covertible Debentures (NCD)		Long-term	INR 10 Cr	ACUITE BBB- Negative
	Non-Covertible Debentures (NCD)		Long-term	INR 15 Cr	ACUITE BBB- Negative
8th Aug 23	KRISHNA TRADERS				Instrument & Lender Details KRISHNA TRADERS 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
	PC/PCFC		Short-term	INR 15 Cr	ACUITE A3
	FBN/FBP/FBD/PSFC/FBE		Short-term	INR 12 Cr	ACUITE A3
	PC/PCFC		Short-term	INR 12 Cr	ACUITE A3
	FBN/FBP/FBD/PSFC/FBE		Short-term	INR 16 Cr	ACUITE A3
	Secured Overdraft		Long-term	INR 1 Cr	ACUITE BBB- Negative
	Proposed Long Term Bank Facility		Long-term	INR 2 Cr	ACUITE BBB- Negative
8th Aug 23	FIRSTCHOICE READY MIX PRIVATE LIMITED				Instrument & Lender Details FIRSTCHOICE READY MIX 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 + 7 = I am not a robot
	Proposed Long Term Bank Facility		Long-term	INR 6.5 Cr	ACUITE BB Stable
	Cash Credit		Long-term	INR 3.5 Cr	ACUITE BB Stable
8th Aug 23	GUBBA COLD STORAGE PRIVATE LIMITED				Instrument & Lender Details GUBBA COLD STORAGE 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
	Secured Overdraft		Long-term	INR 5.5 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 27.36 Cr	ACUITE BBB- Stable
	Working Capital Term Loan		Long-term	INR 3.52 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility		Long-term	INR 1.82 Cr	ACUITE BBB- Stable