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Date	Entity Name			Rating Action
20th Feb 25	KAVERI GINNING MILLS PRIVATE LIMITED			Instrument & Lender Details KAVERI GINNING MILLS 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
	Cash Credit	Long-term	INR 16 Cr	ACUITE B
20th Feb 25	MAHESHWAR MULTITRADE PRIVATE LIMITED			Instrument & Lender Details MAHESHWAR MULTITRADE 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
	Proposed Cash Credit	Long-term	INR 0.02 Cr	ACUITE B
	Term Loan	Long-term	INR 1.05 Cr	ACUITE B
	Cash Credit	Long-term	INR 11.8 Cr	ACUITE B
20th Feb 25	S N GOEL			Instrument & Lender Details S N GOEL 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 4 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 6 Cr	ACUITE B
20th Feb 25	THE DURGAPUR PROJECTS LIMITED			Instrument & Lender Details THE DURGAPUR PROJECTS 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
	Bank Guarantee (BLR)	Short-term	INR 94.55 Cr	ACUITE A2
	Term Loan	Long-term	INR 2366.35 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 330 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 69.42 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 284.68 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 100 Cr	ACUITE BBB+ Stable
20th Feb 25	K R ASSOCIATES			Instrument & Lender Details K R ASSOCIATES 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
	Proposed Long Term Bank Facility	Long-term	INR 3.17 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 14.96 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 4.47 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 9.4 Cr	ACUITE BB Stable
20th Feb 25	M E Energy Private Limited			Instrument & Lender Details M E Energy 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A2
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB+ Stable
20th Feb 25	Kilburn Engineering Limited			Instrument & Lender Details Kilburn Engineering 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 18 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 8.35 Cr	ACUITE A2
	Proposed Bank Guarantee	Short-term	INR 41.15 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 12.5 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2
	Term Loan	Long-term	INR 53.7 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 6 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 3.99 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Proposed Cash Credit	Long-term	INR 12.31 Cr	ACUITE BBB+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 5 Cr	ACUITE BBB+ Stable
20th Feb 25	AGRA NAGAR NIGAM			Instrument & Lender Details AGRA NAGAR NIGAM To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 7 = I am not a robot
	Proposed Bond	Long-term	INR 50 Cr	ACUITE Provisional AA Stable
20th Feb 25	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 5 + 5 = I am not a robot
	Term Loan	Long-term	INR 1000 Cr	ACUITE AAA Stable
20th Feb 25	WEST BENGAL INFRASTRUCTURE DEVELOPMENT FINANCE CORPORATION LIMITED			Instrument & Lender Details WEST BENGAL INFRASTRUCTURE DEVELOPMENT FINANCE CORPORATION 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
	Secured Overdraft	Long-term	INR 500 Cr	ACUITE A Stable
	Secured Overdraft	Long-term	INR 200 Cr	ACUITE A Stable
	Secured Overdraft	Long-term	INR 200 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 145.8 Cr	ACUITE A Stable
	Secured Overdraft	Long-term	INR 200 Cr	ACUITE A Stable
	Secured Overdraft	Long-term	INR 100 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 18.73 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 180 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 192.4 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 850 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 450 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 464.86 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 359.89 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 965 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 440.02 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 600 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 400 Cr	ACUITE A Stable
18th Feb 25	TIPSONS CONSULTANCY SERVICES PRIVATE LIMITED			Instrument & Lender Details TIPSONS CONSULTANCY 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 5 + 5 = I am not a robot
	Working Capital Demand Loan (WCDL)	Long-term	INR 120 Cr	ACUITE AA (CE) Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 50 Cr	ACUITE AA (CE) Stable
18th Feb 25	TIPSONS FINANCIAL SERVICES PRIVATE LIMITED			Instrument & Lender Details TIPSONS 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 4 + 7 = I am not a robot
	Working Capital Demand Loan (WCDL)	Long-term	INR 280 Cr	ACUITE AA (CE) Stable
	Secured Overdraft	Long-term	INR 30 Cr	ACUITE AA (CE) Stable
18th Feb 25	PEYUSH TRADERS			Instrument & Lender Details PEYUSH TRADERS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 1 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 5 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 10 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 14 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5 Cr	ACUITE C
	Cash Credit	Long-term	INR 1 Cr	ACUITE C
18th Feb 25	SVP BUILDERS INDIA LIMITED			Instrument & Lender Details SVP BUILDERS 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 + 8 = I am not a robot
	Term Loan	Long-term	INR 50 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 50 Cr	ACUITE BBB- Stable
18th Feb 25	GANAPATI PARKS LIMITED			Instrument & Lender Details GANAPATI PARKS 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
	Secured Overdraft	Long-term	INR 7.5 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 16.33 Cr	ACUITE BBB- Stable
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 26.26 Cr	ACUITE BBB- Stable
18th Feb 25	ARADHYA CHEMICALS AND FERTILIZERS			Instrument & Lender Details ARADHYA CHEMICALS AND FERTILIZERS 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
	Bank Guarantee (BLR)	Short-term	INR 0.4 Cr	ACUITE A4
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.17 Cr	ACUITE B+
	Working Capital Term Loan	Long-term	INR 1.04 Cr	ACUITE B+
	Working Capital Term Loan	Long-term	INR 0.55 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 2.34 Cr	ACUITE Not Applicable
18th Feb 25	MAHAAVIR SUPERSTRUCTURES PRIVATE LIMITED			Instrument & Lender Details MAHAAVIR SUPERSTRUCTURES 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
	Term Loan	Long-term	INR 70 Cr	ACUITE BBB Stable
18th Feb 25	SATYA MICROCAPITAL LIMITED			Instrument & Lender Details SATYA MICROCAPITAL 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
	Proposed principal protected market linked debentures	Long-term	INR 5 Cr	ACUITE PP-MLD BBB Stable
	Principal protected market linked debentures	Long-term	INR 30 Cr	ACUITE PP-MLD BBB Stable
	Principal protected market linked debentures	Long-term	INR 15 Cr	ACUITE PP-MLD BBB Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 20 Cr	ACUITE Not Applicable
	Proposed Non Convertible Debentures	Long-term	INR 11 Cr	ACUITE Not Applicable
18th Feb 25	PRAYAGRAJ NAGAR NIGAM			Instrument & Lender Details PRAYAGRAJ NAGAR NIGAM To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 1 = I am not a robot
	Proposed Bond	Long-term	INR 50 Cr	ACUITE Provisional AA Stable
18th Feb 25	A S STEEL TRADERS			Instrument & Lender Details A S STEEL TRADERS 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
	Proposed Short Term Bank Facility	Short-term	INR 17 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 28 Cr	ACUITE BBB Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 3 Cr	ACUITE BBB Stable