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Date	Entity Name			Rating Action
2nd Feb 24	GOPINATH SPINNING PRIVATE LIMITED			Instrument & Lender Details GOPINATH SPINNING 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 + 9 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.05 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE B-
2nd Feb 24	BHATIA PHOTO INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details BHATIA PHOTO 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 2 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 5.1 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 0.3 Cr	ACUITE A4
	Proposed Letter of Credit	Short-term	INR 3.95 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 2.5 Cr	ACUITE B+
2nd Feb 24	TEAM FERRO ALLOYS PRIVATE LIMITED			Instrument & Lender Details TEAM FERRO ALLOYS 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 7 Cr	ACUITE A4+
	Proposed Letter of Credit	Short-term	INR 5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 13 Cr	ACUITE BB-
	Proposed Cash Credit	Long-term	INR 11 Cr	ACUITE BB-
2nd Feb 24	J M P INDUSTRIES			Instrument & Lender Details J M P INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 4 = I am not a robot
	Cash Credit	Long-term	INR 21 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 13.5 Cr	ACUITE BB+
	Term Loan	Long-term	INR 8.92 Cr	ACUITE BB+
	Term Loan	Long-term	INR 11.06 Cr	ACUITE BB+
2nd Feb 24	PAXAL CORPORATION			Instrument & Lender Details PAXAL CORPORATION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 6 = I am not a robot
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+ Not Applicable
	Letter of Credit	Short-term	INR 11 Cr	ACUITE A4
2nd Feb 24	AVIS INDIA			Instrument & Lender Details AVIS INDIA 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
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 4.2 Cr	ACUITE BB-
2nd Feb 24	KRITIKA WIRES LIMITED (Erstwhile Kritika Wires Private Limited)			Instrument & Lender Details KRITIKA WIRES LIMITED (Erstwhile Kritika Wires 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
	Cash Credit	Long-term	INR 20.5 Cr	ACUITE BB Not Applicable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB Not Applicable
	Proposed Long Term Loan	Long-term	INR 0.4 Cr	ACUITE BB Not Applicable
	Bills Discounting	Short-term	INR 19 Cr	ACUITE A4+
	Bills Discounting	Short-term	INR 10 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 5.5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 8.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 4.5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 8.6 Cr	ACUITE A4+
2nd Feb 24	CHANCHAL INFRASTRUCTURE PRIVATE LIMITED			Instrument & Lender Details CHANCHAL 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 9 + 7 = I am not a robot
	Term Loan	Long-term	INR 24 Cr	ACUITE D
2nd Feb 24	RAPHA DIAGNOSTICS PRIVATE LIMITED			Instrument & Lender Details RAPHA DIAGNOSTICS 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
	Letter of Credit	Short-term	INR 1.5 Cr	ACUITE A4
	Term Loan	Long-term	INR 3.29 Cr	ACUITE B-
	Cash Credit	Long-term	INR 3 Cr	ACUITE B-
2nd Feb 24	SOURABH KUMAR ROY			Instrument & Lender Details SOURABH KUMAR ROY 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 2 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 4.8 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 2.2 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 0.6 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 0.69 Cr	ACUITE BB- Stable
2nd Feb 24	TOPNOTCH CHEMICALS PRIVATE LIMITED			Instrument & Lender Details TOPNOTCH CHEMICALS 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
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB- Stable
2nd Feb 24	SHREEKRISHNA COTTON COMPANY			Instrument & Lender Details SHREEKRISHNA COTTON 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 3.75 Cr	ACUITE B+
	Cash Credit	Long-term	INR 3.7 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.91 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.07 Cr	ACUITE A4
2nd Feb 24	THIRUMURUGAN AGRO TECH RICE INDUSTRIES			Instrument & Lender Details THIRUMURUGAN AGRO TECH RICE INDUSTRIES 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
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.13 Cr	ACUITE BB- Stable
	Working Capital Term Loan	Long-term	INR 3.19 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 11 Cr	ACUITE BB- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.37 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.81 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 2.79 Cr	ACUITE BB-
	Working Capital Term Loan	Long-term	INR 0.44 Cr	ACUITE BB- Stable
2nd Feb 24	SYNAPSE NEUROCARE PRIVATE LIMITED			Instrument & Lender Details SYNAPSE NEUROCARE 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 + 7 = I am not a robot
	Term Loan	Long-term	INR 5.2 Cr	ACUITE B
2nd Feb 24	MANIPAL HOUSING FINANCE SYNDICATE LIMITED			Erratum \| Instrument & Lender Details MANIPAL HOUSING FINANCE SYNDICATE 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
	Fixed Deposit Program	Long-term	INR 20 Cr	ACUITE A Stable
2nd Feb 24	SYNAPSE NEUROCARE PRIVATE LIMITED			Instrument & Lender Details SYNAPSE NEUROCARE 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 + 4 = I am not a robot
	Term Loan	Long-term	INR 14.96 Cr	ACUITE B
2nd Feb 24	SOLAR IDEA PRIVATE LIMITED			Instrument & Lender Details SOLAR IDEA 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 + 7 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 0.5 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.05 Cr	ACUITE B+
2nd Feb 24	AUTO AXIS PRIVATE LIMITED			Instrument & Lender Details AUTO AXIS 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
	Channel/Dealer/Vendor Financing	Short-term	INR 7 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing	Short-term	INR 10 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing	Short-term	INR 5 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing	Short-term	INR 3 Cr	ACUITE A4
	Inventory Funding	Long-term	INR 4 Cr	ACUITE BB- Stable
	Inventory Funding	Long-term	INR 11 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 6 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 2 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 15.5 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 9.5 Cr	ACUITE BB- Stable
2nd Feb 24	THE CANARA WORKSHOPS LIMITED			Instrument & Lender Details THE CANARA WORKSHOPS 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
	Letter of Credit	Short-term	INR 2.1 Cr	ACUITE A4
	Dropline Overdraft	Long-term	INR 7.5 Cr	ACUITE B
	Proposed Secured Overdraft	Long-term	INR 0.75 Cr	ACUITE B
2nd Feb 24	GLOBAL SURFACES LIMITED (ERSTWHILE GLOBAL STONES PRIVATE LIMITED)			Instrument & Lender Details GLOBAL SURFACES LIMITED (ERSTWHILE GLOBAL STONES 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 + 1 = I am not a robot
	PC/PCFC	Short-term	INR 16 Cr	ACUITE A2+
	PC/PCFC	Short-term	INR 23.8 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A2+
	Bank Guarantee (BLR)	Short-term	INR 0.2 Cr	ACUITE A2+
	PC/PCFC	Short-term	INR 14 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A2+
	Stand By Line of Credit	Short-term	INR 20 Cr	ACUITE A2+
	Stand By Line of Credit	Short-term	INR 35 Cr	ACUITE A2+
	Working Capital Term Loan	Long-term	INR 5.8 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 3.3 Cr	ACUITE A- Negative
	Cash Credit	Long-term	INR 1 Cr	ACUITE A- Negative
	Cash Credit	Long-term	INR 1 Cr	ACUITE A- Negative
2nd Feb 24	MANTRA INDUSTRIES LIMITED			Instrument & Lender Details MANTRA 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 3 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 6.5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 4 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 11 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 36 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 13 Cr	ACUITE A4
	Cash Credit	Long-term	INR 13 Cr	ACUITE B+
	Cash Credit	Long-term	INR 10.95 Cr	ACUITE B+
	Cash Credit	Long-term	INR 35 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.84 Cr	ACUITE B+
	Cash Credit	Long-term	INR 25 Cr	ACUITE B+
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE B+
	Cash Credit	Long-term	INR 8.55 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 0.66 Cr	ACUITE B+