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Date	Entity Name			Rating Action
10th Feb 25	N R ISPAT AND POWER PRIVATE LIMITED			Instrument & Lender Details N R ISPAT AND 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2.5 Cr	ACUITE A1
	Term Loan	Long-term	INR 2.64 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 26.9 Cr	ACUITE A Stable
	Proposed Long Term Loan	Long-term	INR 17.96 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 135 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 80 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE A Stable
10th Feb 25	N R TMT INDIA PRIVATE LIMITED			Instrument & Lender Details N R TMT 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 1 + 9 = I am not a robot
	Term Loan	Long-term	INR 8.89 Cr	ACUITE A Stable
	Covid Emergency Line.	Long-term	INR 2.8 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE A Stable
	Covid Emergency Line.	Long-term	INR 3.15 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 3.71 Cr	ACUITE A Stable
10th Feb 25	NR STEEL AND FERRO PRIVATE LIMITED			Instrument & Lender Details NR STEEL AND FERRO 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 15 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE A Stable
	Proposed Cash Credit	Long-term	INR 20.7 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 23.85 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 25.45 Cr	ACUITE A Stable
10th Feb 25	NRVS STEELS LIMITED (ERSTWHILE SELENO STEELS LIMITED)			Instrument & Lender Details NRVS STEELS LIMITED (ERSTWHILE SELENO STEELS 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
	Cash Credit	Long-term	INR 27 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 55 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 33 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 37.98 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 54.25 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 12.66 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 108.11 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 1.56 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 8.61 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 2.15 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 15.94 Cr	ACUITE A Stable
10th Feb 25	SUYASH CHEMICAL AND FERTILIZER PRIVATE LIMITED			Instrument & Lender Details SUYASH CHEMICAL AND FERTILIZER 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 23.84 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 23.63 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 3.21 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 5.11 Cr	ACUITE BB+ Stable
	Covid Emergency Line.	Long-term	INR 2.6 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.79 Cr	ACUITE BB+ Stable
10th Feb 25	GOA CARBON LIMITED			Instrument & Lender Details GOA CARBON 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
	Letter of Credit	Short-term	INR 185 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 50 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 55 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 45 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 55 Cr	ACUITE A- Stable
	Covid Emergency Line.	Long-term	INR 5 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 16 Cr	ACUITE A- Stable
	Working Capital Term Loan	Long-term	INR 4 Cr	ACUITE A- Stable
10th Feb 25	RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED			Instrument & Lender Details RAJASTHAN GLOBAL SECURITIES 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 + 5 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 150 Cr	ACUITE A- Stable
10th Feb 25	SRI SAI ENTERPRISES			Instrument & Lender Details SRI SAI ENTERPRISES 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
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 75 Cr	ACUITE A3+
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE BBB Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 20 Cr	ACUITE BBB Stable
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE BBB Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 65 Cr	ACUITE BBB Stable
7th Feb 25	PAUL MERCHANTS FINANCE PRIVATE LIMITED			Instrument & Lender Details PAUL MERCHANTS FINANCE 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 + 9 = I am not a robot
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 100 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 25.9 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 35 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 91.98 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 18.38 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 2 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.6 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.64 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 5.13 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 16.33 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 15 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 15 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 77.94 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 15 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 6.49 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 173.61 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 140 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
7th Feb 25	MADHUSUDAN AGRAWAL PROJECT PRIVATE LIMITED			Instrument & Lender Details MADHUSUDAN AGRAWAL PROJECT 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 + 9 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 37 Cr	ACUITE A3
	Proposed Short Term Bank Facility	Short-term	INR 4.54 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 13 Cr	ACUITE BBB-
	Secured Overdraft	Long-term	INR 10 Cr	ACUITE BBB-
	Covid Emergency Line.	Long-term	INR 0.86 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 4.6 Cr	ACUITE BBB-
7th Feb 25	SRIBAL CONSTRUCTION COMPANY			Instrument & Lender Details SRIBAL CONSTRUCTION COMPANY 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 7 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 6.9 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.1 Cr	ACUITE BB+ Stable
7th Feb 25	MAHIKA PACKAGING INDIA LIMITED			Instrument & Lender Details MAHIKA PACKAGING 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 9 + 9 = I am not a robot
	Cash Credit	Long-term	INR 13 Cr	ACUITE C
	Cash Credit	Long-term	INR 5 Cr	ACUITE C
	Term Loan	Long-term	INR 8.16 Cr	ACUITE C
	Term Loan	Long-term	INR 10.3 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 6.36 Cr	ACUITE Not Applicable
7th Feb 25	SILVERPOINT PRESS PRIVATE LIMITED			Instrument & Lender Details SILVERPOINT PRESS 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 10 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 2.34 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 3 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 0.12 Cr	ACUITE B Stable
	Proposed Long Term Bank Facility	Long-term	INR 2.54 Cr	ACUITE B Stable
7th Feb 25	Ludlow Jute & Specialities Limited			Instrument & Lender Details Ludlow Jute & Specialities 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 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 8 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 16.5 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 3.5 Cr	ACUITE A3
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 14 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 4.47 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 0.71 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 6.12 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.84 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 1.2 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 4.72 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 8.94 Cr	ACUITE BBB- Stable
7th Feb 25	KHANDWALA SECURITIES LIMITED			Instrument & Lender Details KHANDWALA SECURITIES 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 4 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 6 Cr	ACUITE B
7th Feb 25	BHAWANI INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details BHAWANI 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 7 + 3 = I am not a robot
	Cash Credit	Long-term	INR 40 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 30 Cr	ACUITE BB+
	Term Loan	Long-term	INR 5 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 30 Cr	ACUITE BB+
7th Feb 25	NITSON AND AMITSU PRIVATE LIMITED			Instrument & Lender Details NITSON AND AMITSU 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 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 20 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 30 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10 Cr	ACUITE C
7th Feb 25	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 8 + 3 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 41 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 14 Cr	ACUITE C
	Secured Overdraft	Long-term	INR 3.5 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 24.5 Cr	ACUITE C
7th Feb 25	SHAKTI APIFOODS PRIVATE LIMITED			Instrument & Lender Details SHAKTI APIFOODS 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 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A4+
	Packing Credit	Long-term	INR 117 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB+
	Term Loan	Long-term	INR 4.68 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 0.32 Cr	ACUITE BB+
7th Feb 25	BHAVANI COTTON INDUSTRIES			Instrument & Lender Details BHAVANI COTTON 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 3.89 Cr	ACUITE B
	Working Capital Term Loan	Long-term	INR 6 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 0.61 Cr	ACUITE B