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Date	Entity Name				Rating Action
25th Apr 23	SONACHI INDUSTRIES LIMITED				Instrument & Lender Details SONACHI 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 + 4 = I am not a robot
	Letter of Credit		Short-term	INR 3 Cr	ACUITE D
	Cash Credit		Long-term	INR 12 Cr	ACUITE D
25th Apr 23	PENTA GOLD LIMITED (Previously Known as PENTA GOLD PRIVATE LIMITED)				Instrument & Lender Details PENTA GOLD LIMITED (Previously Known as PENTA GOLD 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 20 Cr	ACUITE C
	Cash Credit		Long-term	INR 10 Cr	ACUITE C
	Cash Credit		Long-term	INR 8 Cr	ACUITE D
25th Apr 23	INDOLINE INDUSTRIES PRIVATE LIMITED				Instrument & Lender Details INDOLINE 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 + 8 = I am not a robot
	Letter of Credit		Short-term	INR 6 Cr	ACUITE A4
	Bills Discounting		Short-term	INR 2 Cr	ACUITE A4
	Working Capital Term Loan		Long-term	INR 0.86 Cr	ACUITE B+ Stable
	Working Capital Term Loan		Long-term	INR 0.64 Cr	ACUITE B+ Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 0.21 Cr	ACUITE B+ Stable
	Term Loan		Long-term	INR 1.07 Cr	ACUITE B+ Stable
	Cash Credit		Long-term	INR 8 Cr	ACUITE B+ Stable
	Proposed Long Term Bank Facility		Long-term	INR 6.22 Cr	ACUITE B+ Stable
25th Apr 23	KALESHWARAM IRRIGATION PROJECT CORPORATION LIMITED				Instrument & Lender Details KALESHWARAM IRRIGATION PROJECT CORPORATION 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
	Term Loan		Long-term	INR 4657.95 Cr	ACUITE BB
	Term Loan		Long-term	INR 14093.4 Cr	ACUITE BB
	Proposed Long Term Bank Facility		Long-term	INR 0.62 Cr	ACUITE BB
24th Apr 23	PARKASH AND COMPANY				Instrument & Lender Details PARKASH AND COMPANY 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
	Bank Guarantee (BLR)		Short-term	INR 7.5 Cr	ACUITE D
	Cash Credit		Long-term	INR 10 Cr	ACUITE D
24th Apr 23	TIRUPATI SPRINKLERS				Instrument & Lender Details TIRUPATI SPRINKLERS 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
	Cash Credit		Long-term	INR 2 Cr	ACUITE B
	Term Loan		Long-term	INR 9.3 Cr	ACUITE B
	Proposed Cash Credit		Long-term	INR 3 Cr	ACUITE B
	Proposed Term Loan		Long-term	INR 4 Cr	ACUITE B
24th Apr 23	AJAY INDUSTRIAL POLYMERS PRIVATE LIMITED				Instrument & Lender Details AJAY INDUSTRIAL POLYMERS 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
	Cash Credit		Long-term	INR 8 Cr	ACUITE B-
	Secured Overdraft		Long-term	INR 2.5 Cr	ACUITE B-
	Term Loan		Long-term	INR 2.5 Cr	ACUITE B-
	Cash Credit		Long-term	INR 3 Cr	ACUITE B-
24th Apr 23	P AND R GURDITTIWALA HYDRO POWER LIMITED				Instrument & Lender Details P AND R GURDITTIWALA HYDRO 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 7 + 3 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 0.5 Cr	ACUITE A4
	Term Loan		Long-term	INR 14 Cr	ACUITE B+
	Cash Credit		Long-term	INR 0.8 Cr	ACUITE B+
24th Apr 23	SRI SURYANARAYANA SWAMY SOLAR POWER PRIVATE LIMITED				Instrument & Lender Details SRI SURYANARAYANA SWAMY SOLAR 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 5 + 3 = I am not a robot
	Term Loan		Long-term	INR 8 Cr	ACUITE B-
24th Apr 23	BULAND HOUSING PRIVATE LIMITED				Instrument & Lender Details BULAND HOUSING 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
	Term Loan		Long-term	INR 10 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 11.5 Cr	ACUITE B+
24th Apr 23	S R SETH AND SONS				Instrument & Lender Details S R SETH AND SONS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 2 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 0.5 Cr	ACUITE A4
	Secured Overdraft		Long-term	INR 7.5 Cr	ACUITE B+
24th Apr 23	NKCM SPINNERS PRIVATE LIMITED				Instrument & Lender Details NKCM SPINNERS 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 + 1 = I am not a robot
	Letter of Credit		Short-term	INR 3 Cr	ACUITE A4
	Bank Guarantee (BLR)		Short-term	INR 0.64 Cr	ACUITE A4
	Cash Credit		Long-term	INR 30 Cr	ACUITE B+
	Term Loan		Long-term	INR 1.64 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 3.86 Cr	ACUITE B+
24th Apr 23	PORWAL GINNING AND PRESSING PRIVATE LIMITED				Instrument & Lender Details PORWAL GINNING AND PRESSING 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 5 Cr	ACUITE B
	Term Loan		Long-term	INR 0.44 Cr	ACUITE B
	Proposed Long Term Bank Facility		Long-term	INR 2.06 Cr	ACUITE B
24th Apr 23	ISERVE SOLUTIONS AND SERVICES PRIVATE LIMITED				Instrument & Lender Details ISERVE SOLUTIONS AND 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 2 + 3 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 6 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing		Long-term	INR 38 Cr	ACUITE B+
	Secured Overdraft		Long-term	INR 1.5 Cr	ACUITE B+
24th Apr 23	STEEL INDIA COMPANY				Instrument & Lender Details STEEL INDIA COMPANY To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 6 = I am not a robot
	Cash Credit		Long-term	INR 3.5 Cr	ACUITE B
	Proposed Cash Credit		Long-term	INR 1.5 Cr	ACUITE B
24th Apr 23	SOLAROY ENGINEERS PRIVATE LIMITED				Instrument & Lender Details SOLAROY ENGINEERS 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 + 8 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 2 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 1.5 Cr	ACUITE A4
	Cash Credit		Long-term	INR 1.84 Cr	ACUITE B-
	Proposed Long Term Bank Facility		Long-term	INR 1.86 Cr	ACUITE B-
24th Apr 23	UPPAL FERROCAST PRIVATE LIMITED				Instrument & Lender Details UPPAL FERROCAST 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
	Letter of Credit		Short-term	INR 0.25 Cr	ACUITE A4
	Cash Credit		Long-term	INR 5.25 Cr	ACUITE B
24th Apr 23	SARVESH EXPORTS PRIVATE LIMITED				Instrument & Lender Details SARVESH EXPORTS 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
	PC/PCFC		Short-term	INR 9 Cr	ACUITE A4
	Cash Credit		Long-term	INR 3 Cr	ACUITE B+
24th Apr 23	SHREE SHAMI ENGINEERING				Instrument & Lender Details SHREE SHAMI ENGINEERING 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
	Bank Guarantee (BLR)		Short-term	INR 0.5 Cr	ACUITE A4
	Cash Credit		Long-term	INR 1.75 Cr	ACUITE B+
	Term Loan		Long-term	INR 1.21 Cr	ACUITE B+
	Proposed Cash Credit		Long-term	INR 1.25 Cr	ACUITE B+
	Proposed Long Term Loan		Long-term	INR 3.29 Cr	ACUITE B+
24th Apr 23	PROTIUM FINANCE LIMITED (ERSTWHILE GROWTH SOURCE FINANCIAL TECHNOLOGIES PRIVATE LIMITED)				Instrument & Lender Details PROTIUM FINANCE LIMITED (ERSTWHILE GROWTH SOURCE FINANCIAL TECHNOLOGIES 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
	Proposed Commercial Paper Program		Short-term	INR 100 Cr	ACUITE A1+
	Term Loan		Long-term	INR 18.75 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 18.75 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 95.45 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 15 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 10.05 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 7.5 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 16.67 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 14.36 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 17.46 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 20 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 18.75 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 18.75 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 21.88 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 14.16 Cr	ACUITE A+ Positive
	Proposed Long Term Bank Facility		Long-term	INR 12.27 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 83.52 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 21.53 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 83.33 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 12.5 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 25.83 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 18.75 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 22.92 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 22.92 Cr	ACUITE A+ Positive
	Cash Credit		Long-term	INR 5 Cr	ACUITE A+ Positive
	Cash Credit		Long-term	INR 2 Cr	ACUITE A+ Positive
	Cash Credit		Long-term	INR 1 Cr	ACUITE A+ Positive
	Proposed Market Linked Debentures		Long-term	INR 25 Cr	ACUITE PP-MLD A+ Positive
	Term Loan		Long-term	INR 22.57 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 17.78 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 24.99 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 46.15 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 33.92 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 25 Cr	ACUITE A+ Positive
	Principal protected market linked debentures		Long-term	INR 50 Cr	ACUITE PP-MLD A+ Positive
	Term Loan		Long-term	INR 20 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 20 Cr	ACUITE A+ Positive
	Cash Credit		Long-term	INR 1 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 24.39 Cr	ACUITE A+ Positive
	Working Capital Demand Loan (WCDL)		Long-term	INR 0.1 Cr	ACUITE A+ Positive
	Proposed Secured Non-Convertible Debentures		Long-term	INR 50 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 100 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 15 Cr	ACUITE A+ Positive
	Proposed Long Term Bank Facility		Long-term	INR 385 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 50 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 25 Cr	ACUITE A+ Positive
	Term Loan		Long-term	INR 20 Cr	ACUITE A+ Positive
	Secured Overdraft		Long-term	INR 50 Cr	ACUITE A+ Positive