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Date	Entity Name			Rating Action
22nd Feb 24	AGILE SECURITY FORCE PRIVATE LIMITED			Instrument & Lender Details AGILE SECURITY FORCE 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB Stable
22nd Feb 24	G A RANDERIAN PRIVATE LIMITED			Instrument & Lender Details G A RANDERIAN 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
	PC/PCFC	Short-term	INR 10 Cr	ACUITE A4 Stable
	Post Shipment Credit	Short-term	INR 10 Cr	ACUITE A4 Stable
	Proposed Short Term Bank Facility	Short-term	INR 5 Cr	ACUITE A4 Stable
22nd Feb 24	KAY KAY TRADING COMPANY			Instrument & Lender Details KAY KAY TRADING COMPANY 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
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
22nd Feb 24	OCEANIC TRADE MINERALS PRIVATE LIMITED			Instrument & Lender Details OCEANIC TRADE 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 + 2 = I am not a robot
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB+ Stable
22nd Feb 24	AKME FINTRADE INDIA LIMITED			Erratum \| Instrument & Lender Details AKME FINTRADE 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 + 1 = I am not a robot
	Proposed Long Term Loan	Long-term	INR 1.11 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.15 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 50 Cr	ACUITE BBB Stable
	Proposed Long Term Loan	Long-term	INR 0.79 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.59 Cr	ACUITE BBB Stable
	Proposed Term Loan	Long-term	INR 0.44 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE Not Applicable
	Proposed Non Convertible Debentures	Long-term	INR 10 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 3 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 70.91 Cr	ACUITE BBB Stable
	Proposed Term Loan	Long-term	INR 9.01 Cr	ACUITE BBB Stable
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE BBB Stable
	Proposed Term Loan	Long-term	INR 20 Cr	ACUITE BBB Stable
22nd Feb 24	INDIABULLS HOUSING FINANCE LIMITED - RETAIL INNOVATION TRUST			Instrument & Lender Details INDIABULLS HOUSING FINANCE LIMITED - RETAIL INNOVATION TRUST 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
	Pass Through Certificate	Long-term	INR 171.81 Cr	ACUITE Provisional BBB+ (SO )
22nd Feb 24	KLM AXIVA FINVEST LIMITED			Instrument & Lender Details KLM AXIVA FINVEST 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 38.93 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 11.07 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
22nd Feb 24	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 2 + 6 = 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+
22nd Feb 24	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 6 + 7 = I am not a robot
	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
21st Feb 24	SUVITA REAL ESTATES PRIVATE LIMITED			Erratum \| Instrument & Lender Details SUVITA REAL ESTATES 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
	Non-Covertible Debentures (NCD)	Long-term	INR 95 Cr	ACUITE C
21st Feb 24	SUVITA REAL ESTATES PRIVATE LIMITED			Erratum \| Instrument & Lender Details SUVITA REAL ESTATES 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 + 6 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE C
21st Feb 24	ICON SOLAR-EN POWER TECHNOLOGIES PRIVATE LIMITED			Instrument & Lender Details ICON SOLAR-EN POWER TECHNOLOGIES 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 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 16 Cr	ACUITE BBB Stable
	Covid Emergency Line.	Long-term	INR 2.09 Cr	ACUITE BBB Stable
	Covid Emergency Line.	Long-term	INR 0.96 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 6.12 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.52 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE BBB Stable
21st Feb 24	MIRAJ MULTI COLOUR PRIVATE LIMITED			Instrument & Lender Details MIRAJ MULTI COLOUR 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 + 1 = I am not a robot
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 6.64 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 7.59 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 22.65 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 3.25 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 0.37 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 5.75 Cr	ACUITE BBB- Stable
21st Feb 24	PAAWAN ENERGY (I) PRIVATE LIMITED			Instrument & Lender Details PAAWAN ENERGY (I) 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 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.31 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 0.44 Cr	ACUITE Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 7.25 Cr	ACUITE Not Applicable
21st Feb 24	PEP CEE PACK INDUSTRIES			Instrument & Lender Details PEP CEE PACK 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 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 8 Cr	ACUITE A4+
	Bills Discounting	Short-term	INR 4 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 17 Cr	ACUITE BB+ Stable
	Proposed Long Term Loan	Long-term	INR 4.34 Cr	ACUITE BB+ Stable
	Working Capital Term Loan	Long-term	INR 0.92 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.74 Cr	ACUITE BB+ Stable
21st Feb 24	MAHAVEER FINANCE INDIA LIMITED			Instrument & Lender Details MAHAVEER FINANCE 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 5 + 3 = I am not a robot
	Term Loan	Long-term	INR 13 Cr	ACUITE BB+
21st Feb 24	STAR PAPER MILLS LIMITED			Instrument & Lender Details STAR PAPER MILLS 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
	Proposed Long Term Bank Facility	Long-term	INR 100 Cr	ACUITE A+ Stable
21st Feb 24	B P CONSTRUCTION			Instrument & Lender Details B P CONSTRUCTION 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 33 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 17 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A3
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.47 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.6 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.93 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.17 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 3.98 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.01 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB- Stable
21st Feb 24	KHANDWALA SECURITIES LIMITED			Instrument & Lender Details KHANDWALA SECURITIES 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 + 5 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 4 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 6 Cr	ACUITE B+ Stable
21st Feb 24	KANNUR INTERNATIONAL AIRPORT LIMITED			Instrument & Lender Details KANNUR INTERNATIONAL AIRPORT 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
	Term Loan	Long-term	INR 692 Cr	ACUITE C
	Term Loan	Long-term	INR 110 Cr	ACUITE D
	Term Loan	Long-term	INR 90 Cr	ACUITE C
20th Feb 24	SMS BIOFUEL PRIVATE LIMITED			Instrument & Lender Details SMS BIOFUEL 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 + 1 = I am not a robot
	Stand By Line of Credit	Short-term	INR 3 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 1 Cr	ACUITE A4+
	Term Loan	Long-term	INR 99 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE BB+ Stable
20th Feb 24	UCO BANK			Instrument & Lender Details UCO BANK 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
	Basel III Tier II Bonds	Long-term	INR 500 Cr	ACUITE AA Stable
	Basel III Tier II Bonds	Long-term	INR 500 Cr	ACUITE AA Stable
	Proposed Perpetual Additional Tier I Bonds	Long-term	INR 500 Cr	ACUITE AA- Stable
	Basel III AT1 Bonds	Long-term	INR 500 Cr	ACUITE AA- Stable