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Date	Entity Name			Rating Action
24th May 23	HUMANA FINANCIAL SERVICES PRIVATE LIMITED			Instrument & Lender Details HUMANA 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 + 8 = I am not a robot
	Term Loan	Long-term	INR 4.77 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.59 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.3 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.37 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.3 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.25 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.36 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.87 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.48 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.49 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.53 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.73 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.48 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4.05 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4.39 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4.92 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 3.75 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.45 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.56 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.61 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.83 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 3.33 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 11.64 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4.12 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 18.83 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 5 Cr	ACUITE BBB- Stable
24th May 23	MEWAR POLYTEX LIMITED			Instrument & Lender Details MEWAR POLYTEX 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
	Cash Credit	Long-term	INR 17 Cr	ACUITE BB+
	Term Loan	Long-term	INR 0.37 Cr	ACUITE BB+
	Term Loan	Long-term	INR 2.69 Cr	ACUITE BB+
	Term Loan	Long-term	INR 0.12 Cr	ACUITE BB+
	Term Loan	Long-term	INR 0.23 Cr	ACUITE BB+
	Term Loan	Long-term	INR 0.22 Cr	ACUITE BB+
	Proposed Cash Credit	Long-term	INR 0.1 Cr	ACUITE BB+
24th May 23	NOVA AGRITECH LIMITED			Instrument & Lender Details NOVA AGRITECH 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 5.87 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB- Stable
24th May 23	SRI SATYA SAI INFRASTRUCTURE PRIVATE LIMITED			Instrument & Lender Details SRI SATYA SAI 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 4 + 2 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 41 Cr	ACUITE A4+
	Secured Overdraft	Long-term	INR 14 Cr	ACUITE BB+ Stable
	Secured Overdraft	Long-term	INR 3.5 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 24.5 Cr	ACUITE BB+ Stable
23rd May 23	RAJ APIARIES EXIM PRIVATE LIMITED			Instrument & Lender Details RAJ APIARIES EXIM 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
	Cash Credit	Long-term	INR 5.9 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 3.1 Cr	ACUITE B+
23rd May 23	SAI BONVOYAGE TRAVELS			Instrument & Lender Details SAI BONVOYAGE TRAVELS 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
	Cash Credit	Long-term	INR 8 Cr	ACUITE B
	Ad-hoc Limits (Fund Based)	Long-term	INR 2.3 Cr	ACUITE B
23rd May 23	SHIV SHAKTI RICE MILLS			Instrument & Lender Details SHIV SHAKTI RICE MILLS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 1 = I am not a robot
	Cash Credit	Long-term	INR 15 Cr	ACUITE B+
23rd May 23	SHREE MAHAVIR OIL AND GENERAL MILLS			Instrument & Lender Details SHREE MAHAVIR OIL AND GENERAL MILLS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 9 = I am not a robot
	Cash Credit	Long-term	INR 8 Cr	ACUITE B-
	Term Loan	Long-term	INR 0.5 Cr	ACUITE B-
23rd May 23	The Incoda			Instrument & Lender Details The Incoda 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
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB-
	Proposed Cash Credit	Long-term	INR 2 Cr	ACUITE BB-
	Term Loan	Long-term	INR 3 Cr	ACUITE BB-
	Proposed Long Term Loan	Long-term	INR 4.5 Cr	ACUITE BB-
23rd May 23	NASH FASHION INDIA LIMITED			Instrument & Lender Details NASH FASHION 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 3 + 6 = I am not a robot
	PC/PCFC	Short-term	INR 5.5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 5.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10 Cr	ACUITE B-
	Term Loan	Long-term	INR 20 Cr	ACUITE B-
	Stand By Line of Credit	Long-term	INR 3 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 0.3 Cr	ACUITE B-
23rd May 23	PALLISHREE LIMITED			Instrument & Lender Details PALLISHREE 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 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.2 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 0.2 Cr	ACUITE A3
	Cash Credit	Long-term	INR 71.33 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 43.67 Cr	ACUITE BBB- Stable
23rd May 23	NARULA TOOLS INTERNATIONAL			Instrument & Lender Details NARULA TOOLS INTERNATIONAL 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
	PC/PCFC	Short-term	INR 6 Cr	ACUITE A4
23rd May 23	PROTIUM FINANCE LIMITED - CONSILIENCE BL - 2203(ERSTWHILE GROWTH SOURCE FINANCIAL TECHNOLOGIES PRIVA			Instrument & Lender Details PROTIUM FINANCE LIMITED - CONSILIENCE BL - 2203(ERSTWHILE GROWTH SOURCE FINANCIAL TECHNOLOGIES PRIVA 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
	Pass Through Certificate	Long-term	INR 6.17 Cr	ACUITE AA+ (SO )
23rd May 23	GSD CONSTRUCTIONS INDORE PRIVATE LIMTED			Instrument & Lender Details GSD CONSTRUCTIONS INDORE PRIVATE LIMTED 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
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A4
	Proposed Bank Guarantee	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 1 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 1 Cr	ACUITE B+
23rd May 23	AXAYYA ALLOYS PRIVATE LIMITED			Instrument & Lender Details AXAYYA 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 3 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A4+
	Proposed Letter of Credit	Short-term	INR 8 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 23 Cr	ACUITE BB+ Stable
	Covid Emergency Line.	Long-term	INR 7.41 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.99 Cr	ACUITE BB+ Stable
	Proposed Cash Credit	Long-term	INR 7 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.1 Cr	ACUITE BB+ Stable
23rd May 23	N R COLOURS LIMITED			Instrument & Lender Details N R COLOURS 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 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 8.27 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE B+
23rd May 23	DERIVIUM TRADITION SECURITIES INDIA PRIVATE LIMITED			Instrument & Lender Details DERIVIUM TRADITION SECURITIES 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 + 2 = I am not a robot
	Cash Credit	Long-term	INR 50 Cr	ACUITE A- (CE) Stable
	Cash Credit	Long-term	INR 50 Cr	ACUITE A- (CE) Stable
23rd May 23	NEOSA ELECTRONICS PRIVATE LIMITED			Instrument & Lender Details NEOSA ELECTRONICS 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
	Cash Credit	Long-term	INR 24 Cr	ACUITE B+
23rd May 23	ADESHWAR MEDITEX PRIVATE LIMITED			Instrument & Lender Details ADESHWAR MEDITEX 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
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BB-
	Letter of Credit	Short-term	INR 3.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BB-
	Letter of Credit	Short-term	INR 3.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BB-
	Letter of Credit	Short-term	INR 3.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BB-
	Letter of Credit	Short-term	INR 3.5 Cr	ACUITE A4
23rd May 23	GURU GOBIND FOODS AND AGRO PRIVATE LIMITED			Instrument & Lender Details GURU GOBIND FOODS AND AGRO 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 + 2 = I am not a robot
	Cash Credit	Long-term	INR 12 Cr	ACUITE D