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Date	Entity Name			Rating Action
20th Sep 23	SHIVA SAI INDUSTRIES AND TRADERS			Instrument & Lender Details SHIVA SAI INDUSTRIES AND TRADERS 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
	Cash Credit	Long-term	INR 5 Cr	ACUITE B
	Term Loan	Long-term	INR 5 Cr	ACUITE B
20th Sep 23	SURYA LAXMI INDUSTRIES			Instrument & Lender Details SURYA LAXMI INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 9 = I am not a robot
	Cash Credit	Long-term	INR 6 Cr	ACUITE BB
	Term Loan	Long-term	INR 1.8 Cr	ACUITE BB
20th Sep 23	SWACHATHA CORPORATION			Instrument & Lender Details SWACHATHA CORPORATION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 5 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 6.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 6 Cr	ACUITE BB-
20th Sep 23	LUBRINA RECYCLING PRIVATE LIMITED			Instrument & Lender Details LUBRINA RECYCLING 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
	Bank Guarantee (BLR)	Short-term	INR 0.15 Cr	ACUITE A4
	Term Loan	Long-term	INR 5.38 Cr	ACUITE B-
	Cash Credit	Long-term	INR 1.98 Cr	ACUITE B-
20th Sep 23	PRERONA INFRASTRUCTURE PRIVATE LIMITED			Instrument & Lender Details PRERONA INFRASTRUCTURE 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 + 9 = I am not a robot
	Term Loan	Long-term	INR 3.4 Cr	ACUITE D
	Term Loan	Long-term	INR 2.35 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 1.5 Cr	ACUITE D
20th Sep 23	SHARDA SHREE ISPAT LIMITED			Instrument & Lender Details SHARDA SHREE 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 1 + 9 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A4
	Term Loan	Long-term	INR 25 Cr	ACUITE B+
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
20th Sep 23	S M ELECTRIC WORKS			Instrument & Lender Details S M ELECTRIC WORKS 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
	Proposed Bank Guarantee	Short-term	INR 10 Cr	ACUITE A4
	Proposed Letter of Credit	Short-term	INR 2.5 Cr	ACUITE A4
	Proposed Cash Credit	Long-term	INR 7.5 Cr	ACUITE B+
20th Sep 23	ZUHA LEATHER PRIVATE LIMITED			Instrument & Lender Details ZUHA LEATHER 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
	Packing Credit	Short-term	INR 2.5 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 7 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.1 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 3 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 1 Cr	ACUITE A4
	Proposed Long Term Loan	Long-term	INR 0.65 Cr	ACUITE B+
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE B+
20th Sep 23	BHUVANESWARI COTSPIN INDIA PRIVATE LIMITED			Instrument & Lender Details BHUVANESWARI COTSPIN 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.65 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 17 Cr	ACUITE BB+
	Secured Overdraft	Long-term	INR 13 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 4.05 Cr	ACUITE BB+
	Term Loan	Long-term	INR 3.75 Cr	ACUITE BB+
	Term Loan	Long-term	INR 11.7 Cr	ACUITE BB+
	Term Loan	Long-term	INR 4.35 Cr	ACUITE BB+
	Working Capital Term Loan	Long-term	INR 7.5 Cr	ACUITE BB+
18th Sep 23	SEUTIC LABS PRIVATE LIMITED			Instrument & Lender Details SEUTIC LABS 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 + 3 = I am not a robot
	Proposed Short Term Bank Facility	Short-term	INR 0.02 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 22 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 0.78 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 1.3 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 1.9 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB- Stable
18th Sep 23	ZENITH LEISURE HOLIDAYS LIMITED			Instrument & Lender Details ZENITH LEISURE HOLIDAYS 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
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Secured Overdraft	Long-term	INR 8 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 3.4 Cr	ACUITE BBB- Stable
18th Sep 23	PRINCE LAMINATES			Instrument & Lender Details PRINCE LAMINATES 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
	Cash Credit	Long-term	INR 0.85 Cr	ACUITE B
18th Sep 23	BIRAJA CONSTRUCTION			Instrument & Lender Details BIRAJA CONSTRUCTION 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/Letter of Guarantee	Short-term	INR 45 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE BB+
18th Sep 23	GVR INFRA CONSTRUCTIONS INDIA PRIVATE LIMITED			Instrument & Lender Details GVR INFRA CONSTRUCTIONS 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 32 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A4
	Cash Credit	Long-term	INR 28 Cr	ACUITE BB-
18th Sep 23	SWASTIK CONSTRUCTIONS			Instrument & Lender Details SWASTIK CONSTRUCTIONS 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 9 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 11 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A3
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE BBB- Stable
	Secured Overdraft	Long-term	INR 4 Cr	ACUITE BBB- Stable
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE BBB- Stable
18th Sep 23	Anik Financial Services Private Limited			Instrument & Lender Details Anik Financial Services 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 + 2 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 5 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 5 Cr	ACUITE BB Stable
18th Sep 23	PACIFICA BUILDERS PRIVATE LIMITED			Instrument & Lender Details PACIFICA BUILDERS 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
	Working Capital Term Loan	Long-term	INR 57 Cr	ACUITE BBB Stable
	Working Capital Term Loan	Long-term	INR 38 Cr	ACUITE BBB Stable
18th Sep 23	HEALTH SECURE (INDIA ) PRIVATE LIMITED			Instrument & Lender Details HEALTH SECURE (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 + 6 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE D
	Working Capital Term Loan	Long-term	INR 12 Cr	ACUITE D
	Cash Credit	Long-term	INR 2 Cr	ACUITE D
18th Sep 23	IDEAL DETONATORS PRIVATE LIMITED			Instrument & Lender Details IDEAL DETONATORS 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 + 5 = I am not a robot
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A2+
	Bank Guarantee (BLR)	Short-term	INR 9 Cr	ACUITE A2+
	Proposed Short Term Bank Facility	Short-term	INR 5 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
18th Sep 23	ARYA CAPITAL MANAGEMENT PRIVATE LIMITED			Instrument & Lender Details ARYA CAPITAL MANAGEMENT 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
	Non-Covertible Debentures (NCD)	Long-term	INR 270 Cr	ACUITE D
	Proposed Non Convertible Debentures	Long-term	INR 30 Cr	ACUITE Not Applicable