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Date	Entity Name				Rating Action
28th Nov 23	CREATIVE DEVELOPERS				Instrument & Lender Details CREATIVE DEVELOPERS 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
	Proposed Long Term Bank Facility		Long-term	INR 1 Cr	ACUITE B-
28th Nov 23	GULSHAN RAI JAIN (II)				Instrument & Lender Details GULSHAN RAI JAIN (II) 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/Letter of Guarantee		Short-term	INR 32.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)		Short-term	INR 15 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 16.5 Cr	ACUITE BB-
	Cash Credit		Long-term	INR 10 Cr	ACUITE BB-
27th Nov 23	ENERSAN POWER PRIVATE LIMITED				Instrument & Lender Details ENERSAN POWER 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 + 8 = I am not a robot
	Term Loan		Long-term	INR 29 Cr	ACUITE D
	Term Loan		Long-term	INR 10.44 Cr	ACUITE D
	Proposed Long Term Bank Facility		Long-term	INR 3.56 Cr	ACUITE D
27th Nov 23	ORANGE RETAIL FINANCE INDIA PRIVATE LIMITED – WEBB 09 2021				Instrument & Lender Details ORANGE RETAIL FINANCE INDIA PRIVATE LIMITED – WEBB 09 2021 To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 5 = I am not a robot
	Pass Through Certificate		Long-term	INR 1.76 Cr	ACUITE Not Applicable
27th Nov 23	TRUST INVESTMENT ADVISORS PRIVATE LIMITED - NEW HORIZONS SPDE				Instrument & Lender Details TRUST INVESTMENT ADVISORS PRIVATE LIMITED - NEW HORIZONS SPDE To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 5 = I am not a robot
	Pass Through Certificate		Long-term	INR 41.4 Cr	ACUITE Not Applicable
27th Nov 23	API ISPAT AND POWERTECH PRIVATE LIMITED				Instrument & Lender Details API ISPAT AND POWERTECH 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 + 1 = I am not a robot
	Letter of Credit		Short-term	INR 30 Cr	ACUITE A1+
	Cash Credit		Long-term	INR 20 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 25 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 10.5 Cr	ACUITE AA Stable
27th Nov 23	PAVASIYA EXPORTS				Instrument & Lender Details PAVASIYA EXPORTS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 9 = I am not a robot
	Post Shipment Credit		Long-term	INR 2.75 Cr	ACUITE BB- Stable
	Packing Credit		Long-term	INR 2.75 Cr	ACUITE BB- Stable
27th Nov 23	REAL ISPAT AND POWER LIMITED				Instrument & Lender Details REAL ISPAT AND POWER 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 + 6 = I am not a robot
	Letter of Credit		Short-term	INR 30 Cr	ACUITE A1+
	Cash Credit		Long-term	INR 20 Cr	ACUITE AA Stable
	Cash Credit		Long-term	INR 10 Cr	ACUITE AA Stable
	Proposed Long Term Bank Facility		Long-term	INR 1 Cr	ACUITE AA Stable
27th Nov 23	HDFC ERGO GENERAL INSURANCE COMPANY LIMITED				Instrument & Lender Details HDFC ERGO GENERAL INSURANCE COMPANY 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 + 8 = I am not a robot
	Non-Covertible Debentures (NCD)		Long-term	INR 74 Cr	ACUITE Not Applicable
27th Nov 23	PALMA GUMLA HIGHWAY PRIVATE LIMITED				Instrument & Lender Details PALMA GUMLA HIGHWAY 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 + 1 = I am not a robot
	Proposed Long Term Bank Facility		Long-term	INR 2 Cr	ACUITE A- Stable
	Term Loan		Long-term	INR 323.71 Cr	ACUITE A- Stable
27th Nov 23	RB GHODKE INFRASTRUCTURE PRIVATE LIMITED (ERSTWHILE R B GHODKE)				Instrument & Lender Details RB GHODKE INFRASTRUCTURE PRIVATE LIMITED (ERSTWHILE R B GHODKE) 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
	Bank Guarantee/Letter of Guarantee		Short-term	INR 35 Cr	ACUITE A3+
	Proposed Bank Guarantee		Short-term	INR 3 Cr	ACUITE A3+
	Cash Credit		Long-term	INR 12 Cr	ACUITE BBB Stable
	Working Capital Term Loan		Long-term	INR 0.48 Cr	ACUITE BBB Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 0.54 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility		Long-term	INR 2.57 Cr	ACUITE BBB Stable
27th Nov 23	URJANKUR SHREE DATTA POWER COMPANY LIMITED				Instrument & Lender Details URJANKUR SHREE DATTA POWER COMPANY 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 + 2 = I am not a robot
	Cash Credit		Long-term	INR 10 Cr	ACUITE A Stable
24th Nov 23	MANISHANKAR OILS PRIVATE LIMITED				Instrument & Lender Details MANISHANKAR OILS 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 + 7 = I am not a robot
	Cash Credit		Long-term	INR 10 Cr	ACUITE BB
24th Nov 23	NATRAJ HOME FURNISHINGS PRIVATE LIMITED				Instrument & Lender Details NATRAJ HOME FURNISHINGS 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 + 9 = I am not a robot
	FBN/FBP/FBD/PSFC/FBE		Short-term	INR 6.75 Cr	ACUITE A4
	Proposed Long Term Bank Facility		Long-term	INR 1.5 Cr	ACUITE B+
	PC/PCFC		Long-term	INR 6.75 Cr	ACUITE B+
24th Nov 23	PRECIOUS INFRA PROJECTS PRIVATE LIMITED				Instrument & Lender Details PRECIOUS INFRA PROJECTS 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
	Proposed Long Term Loan		Long-term	INR 1 Cr	ACUITE B
	Term Loan		Long-term	INR 19 Cr	ACUITE B
24th Nov 23	R K ASSOCIATES				Instrument & Lender Details R K ASSOCIATES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 3 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 15 Cr	ACUITE A4
	Cash Credit		Long-term	INR 10 Cr	ACUITE B+
24th Nov 23	RAJHERAMB PROPERTIES				Instrument & Lender Details RAJHERAMB PROPERTIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 8 = I am not a robot
	Cash Credit		Long-term	INR 24 Cr	ACUITE B+
24th Nov 23	RASHMI STEELS				Instrument & Lender Details RASHMI STEELS 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
	Cash Credit		Long-term	INR 19.5 Cr	ACUITE D
	Term Loan		Long-term	INR 4 Cr	ACUITE D
24th Nov 23	SHIV TOOLS ENGINEERING PRIVATE LIMITED				Instrument & Lender Details SHIV TOOLS ENGINEERING 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 + 4 = I am not a robot
	Cash Credit		Long-term	INR 11 Cr	ACUITE B- Not Applicable
24th Nov 23	SHREE KRISHNA PACKAGING				Instrument & Lender Details SHREE KRISHNA PACKAGING 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 8 Cr	ACUITE BB-
	Cash Credit		Long-term	INR 8 Cr	ACUITE BB- Not Applicable
	Cash Credit		Long-term	INR 8 Cr	ACUITE BB-
	Cash Credit		Long-term	INR 8 Cr	ACUITE BB- Not Applicable