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Date	Entity Name			Rating Action
19th May 23	PROVINCIAL FINANCE AND LEASING CO PRIVATE LIMITED			Instrument & Lender Details PROVINCIAL FINANCE AND LEASING CO 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
	Principal protected market linked debentures	Long-term	INR 700 Cr	ACUITE PP-MLD BBB- Stable
	Principal protected market linked debentures	Long-term	INR 90.8 Cr	ACUITE PP-MLD BBB- Stable
	Principal protected market linked debentures	Long-term	INR 336.7 Cr	ACUITE PP-MLD BBB- Stable
	Proposed principal protected market linked debentures	Long-term	INR 234.59 Cr	ACUITE PP-MLD BBB- Stable
	Proposed principal protected market linked debentures	Long-term	INR 600 Cr	ACUITE PP-MLD BBB- Stable
	Proposed principal protected market linked debentures	Long-term	INR 350 Cr	ACUITE PP-MLD BBB- Stable
	Principal protected market linked debentures	Long-term	INR 188.9 Cr	ACUITE PP-MLD BBB- Stable
	Principal protected market linked debentures	Long-term	INR 207 Cr	ACUITE PP-MLD BBB- Stable
	Principal protected market linked debentures	Long-term	INR 360 Cr	ACUITE PP-MLD BBB- Stable
	Proposed Non Convertible Debentures	Long-term	INR 100 Cr	ACUITE BBB- Stable
	Principal protected market linked debentures	Long-term	INR 82.01 Cr	ACUITE PP-MLD BBB- Stable
	Principal protected market linked debentures	Long-term	INR 150 Cr	ACUITE PP-MLD BBB- Stable
19th May 23	SANTOSHI POLYMERS			Instrument & Lender Details SANTOSHI POLYMERS 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.1 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 0.4 Cr	ACUITE A4
	Cash Credit	Long-term	INR 8.5 Cr	ACUITE B+
19th May 23	ARMAN FINANCIAL SERVICES LIMITED			Instrument & Lender Details ARMAN FINANCIAL SERVICES 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
	Cash Credit	Long-term	INR 5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.56 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.06 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.29 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 31.97 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.33 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.29 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 30 Cr	ACUITE A- Stable
	Principal protected market linked debentures	Long-term	INR 20 Cr	ACUITE PP-MLD A- Stable
	Principal protected market linked debentures	Long-term	INR 25 Cr	ACUITE PP-MLD A- Stable
19th May 23	SANTOSHI BARRIERS FILM INDIA PRIVATE LIMITED			Instrument & Lender Details SANTOSHI BARRIERS FILM 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 8 + 1 = I am not a robot
	Letter of Credit	Short-term	INR 3 Cr	ACUITE D
	Cash Credit	Long-term	INR 19.25 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 1.75 Cr	ACUITE D
19th May 23	NAMRA FINANCE LIMITED			Instrument & Lender Details NAMRA FINANCE 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 1 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.34 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.69 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.4 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.55 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.63 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.08 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.45 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.02 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.7 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.18 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.52 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.85 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.67 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 22 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.87 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.24 Cr	ACUITE A- Stable
	Proposed principal protected market linked debentures	Long-term	INR 5.2 Cr	ACUITE PP-MLD A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.13 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.49 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 16.67 Cr	ACUITE A- Stable
	Proposed Term Loan	Long-term	INR 3.14 Cr	ACUITE A- Stable
	Principal protected market linked debentures	Long-term	INR 30 Cr	ACUITE PP-MLD A- Stable
	Principal protected market linked debentures	Long-term	INR 6.8 Cr	ACUITE PP-MLD A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.88 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 18 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 85 Cr	ACUITE A- Stable
19th May 23	RAGHAV AGRI-TECH			Instrument & Lender Details RAGHAV AGRI-TECH 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
	Cash Credit	Long-term	INR 5 Cr	ACUITE B-
	Term Loan	Long-term	INR 40 Cr	ACUITE B-
19th May 23	EMBASSY ONE DEVELOPERS PRIVATE LIMITED			Instrument & Lender Details EMBASSY ONE DEVELOPERS 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 + 8 = I am not a robot
	Term Loan	Long-term	INR 700 Cr	ACUITE BB Stable
19th May 23	NAM ESTATES PRIVATE LIMITED			Instrument & Lender Details NAM 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 + 3 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 1000 Cr	ACUITE BB Stable
18th May 23	ALOK BUILDTECH PRIVATE LIMITED			Instrument & Lender Details ALOK BUILDTECH 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 26.5 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 18.95 Cr	ACUITE A3
	Cash Credit	Long-term	INR 11 Cr	ACUITE BBB- Stable
18th May 23	SEEDS FINCAP PRIVATE LIMITED			Instrument & Lender Details SEEDS FINCAP 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 + 4 = I am not a robot
	Term Loan	Long-term	INR 1.88 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 8.75 Cr	ACUITE BB+ Stable
	Proposed Secured Non-Convertible Debentures	Long-term	INR 7.5 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.93 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 4.44 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 3 Cr	ACUITE BB+ Stable
18th May 23	GRG GLOBAL TEXTILES LIMITED			Instrument & Lender Details GRG GLOBAL TEXTILES 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 10.35 Cr	ACUITE A2+
	Term Loan	Long-term	INR 207 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 25 Cr	ACUITE A- Stable
	Proposed Cash Credit	Long-term	INR 5 Cr	ACUITE A- Stable
17th May 23	PIONEER PLASTICS INDUSTRIES LIMITED			Instrument & Lender Details PIONEER PLASTICS 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 + 9 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5 Cr	ACUITE B+
17th May 23	STANDARD DOORS			Instrument & Lender Details STANDARD DOORS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 2 = I am not a robot
	Letter of Credit	Short-term	INR 4 Cr	ACUITE A4
	Cash Credit	Long-term	INR 1.5 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE B
17th May 23	SUS AGRO FOODS INDIA PRIVATE LIMITED			Instrument & Lender Details SUS AGRO FOODS 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 3 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 5.2 Cr	ACUITE B+
	Term Loan	Long-term	INR 3.45 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.25 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.78 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.32 Cr	ACUITE B+
17th May 23	UMA PLASTOWARE PRIVATE LIMITED			Instrument & Lender Details UMA PLASTOWARE 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
	Cash Credit	Long-term	INR 10 Cr	ACUITE B
17th May 23	VISHWAS MILK PRODUCTS PRIVATE LIMITED			Instrument & Lender Details VISHWAS MILK PRODUCTS 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
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.77 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.73 Cr	ACUITE B+
17th May 23	CHORDIA INDUSTRIES			Instrument & Lender Details CHORDIA 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 4.2 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.21 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 0.29 Cr	ACUITE B+
17th May 23	K H SUBHOD HEGDE			Instrument & Lender Details K H SUBHOD HEGDE To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A4
	Cash Credit	Long-term	INR 3 Cr	ACUITE B
	Term Loan	Long-term	INR 0.37 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 0.63 Cr	ACUITE B
17th May 23	NAHAL POULTRY FARM			Instrument & Lender Details NAHAL POULTRY FARM 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
	Cash Credit	Long-term	INR 3.25 Cr	ACUITE B+
	Term Loan	Long-term	INR 2 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.35 Cr	ACUITE B+
17th May 23	SHREYANS PACKAGING			Instrument & Lender Details SHREYANS PACKAGING To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 4 = I am not a robot
	Cash Credit	Long-term	INR 7 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.55 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.17 Cr	ACUITE B+