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Date	Entity Name			Rating Action
24th Jan 23	RASHMI ISPAT LIMITED			Instrument & Lender Details RASHMI ISPAT 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 + 3 = I am not a robot
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A3+
	Term Loan	Long-term	INR 5.38 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BBB Stable
	Proposed Cash Credit	Long-term	INR 2 Cr	ACUITE BBB Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 2.69 Cr	ACUITE BBB Stable
24th Jan 23	SHIVAGIRI CASHEWS			Instrument & Lender Details SHIVAGIRI CASHEWS 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
	Secured Overdraft	Long-term	INR 10.5 Cr	ACUITE B- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE B- Stable
24th Jan 23	WATERFRONT CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details WATERFRONT CONSTRUCTIONS 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 + 5 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 30 Cr	ACUITE A3
	Proposed Short Term Bank Facility	Short-term	INR 0.32 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 19.3 Cr	ACUITE A3
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB-
	Covid Emergency Line.	Long-term	INR 1.28 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 4.82 Cr	ACUITE BBB-
	Covid Emergency Line.	Long-term	INR 2.43 Cr	ACUITE BBB-
	Cash Credit	Long-term	INR 2.35 Cr	ACUITE BBB-
	Dropline Overdraft	Long-term	INR 0.5 Cr	ACUITE BBB-
	Secured Overdraft	Long-term	INR 20 Cr	ACUITE BBB-
24th Jan 23	PHARMACHEM INDUSTRIES GUJARAT PRIVATE LIMITED			Instrument & Lender Details PHARMACHEM INDUSTRIES GUJARAT 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 5.61 Cr	ACUITE BB- Stable
	Secured Overdraft	Long-term	INR 3.44 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.95 Cr	ACUITE BB- Stable
24th Jan 23	EVERTOGEN LIFE SCIENCES LIMITED			Instrument & Lender Details EVERTOGEN LIFE SCIENCES 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
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A4
	Term Loan	Long-term	INR 4.5 Cr	ACUITE B-
	PC/PCFC	Long-term	INR 6 Cr	ACUITE B-
	Term Loan	Long-term	INR 1.64 Cr	ACUITE B-
	Term Loan	Long-term	INR 0.1 Cr	ACUITE B-
	Cash Credit	Long-term	INR 12 Cr	ACUITE B-
	Cash Credit	Long-term	INR 12 Cr	ACUITE B-
	Working Capital Term Loan	Long-term	INR 3.26 Cr	ACUITE B-
	Working Capital Term Loan	Long-term	INR 1.43 Cr	ACUITE B-
	Working Capital Term Loan	Long-term	INR 1.79 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 2.48 Cr	ACUITE B-
24th Jan 23	Kamat Hotels (India) Limited			Instrument & Lender Details Kamat Hotels (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 4 + 9 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 297.5 Cr	ACUITE C
	Proposed Non Convertible Debentures	Long-term	INR 27.5 Cr	ACUITE Provisional C
23rd Jan 23	MANBA FINANCE LIMITED			Instrument & Lender Details MANBA 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 5 + 3 = I am not a robot
	Term Loan	Long-term	INR 6.67 Cr	ACUITE A- Negative
	Cash Credit	Long-term	INR 5 Cr	ACUITE A- Negative
	Cash Credit	Long-term	INR 26.5 Cr	ACUITE A- Negative
	Cash Credit	Long-term	INR 20 Cr	ACUITE A- Negative
	Secured Overdraft	Long-term	INR 0.5 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 2 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 9 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 3.82 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 2.5 Cr	ACUITE A- Negative
	Proposed Long Term Bank Facility	Long-term	INR 74.18 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 20 Cr	ACUITE A (CE) Negative
	Secured Overdraft	Long-term	INR 1.5 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 44.72 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 25.91 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 8.4 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 28.28 Cr	ACUITE A- Negative
	Term Loan	Long-term	INR 6.02 Cr	ACUITE A- Negative
	Proposed Non Convertible Debentures	Long-term	INR 20 Cr	ACUITE A- Negative
23rd Jan 23	PRABHAT GLOBAL COLOURCOATED PRIVATE LIMITED			Instrument & Lender Details PRABHAT GLOBAL COLOURCOATED 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
	Cash Credit	Long-term	INR 35 Cr	ACUITE BBB+ Stable
	Packing Credit	Long-term	INR 25 Cr	ACUITE BBB+ Stable
23rd Jan 23	GURUSHARANAM FOODS			Instrument & Lender Details GURUSHARANAM FOODS 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 6.25 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.25 Cr	ACUITE B+
23rd Jan 23	SRI SAI SUVIDHA DEVELOPERS			Instrument & Lender Details SRI SAI SUVIDHA DEVELOPERS 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
	Term Loan	Long-term	INR 27 Cr	ACUITE B+ Stable
23rd Jan 23	PRIME MOVERS AUTO AGENCY PRIVATE LIMITED			Instrument & Lender Details PRIME MOVERS AUTO AGENCY 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 + 2 = I am not a robot
	Proposed Short Term Bank Facility	Short-term	INR 2.3 Cr	ACUITE A4+
	Proposed Cash Credit	Long-term	INR 2 Cr	ACUITE BB+
	Channel/Dealer/Vendor Financing	Long-term	INR 3 Cr	ACUITE BB+
23rd Jan 23	PRIME MOVERS AUTO ASSOCIATES PRIVATE LIMITED			Instrument & Lender Details PRIME MOVERS AUTO ASSOCIATES 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 4.8 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 1.5 Cr	ACUITE A4+
	Covid Emergency Line.	Long-term	INR 1.86 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 13.5 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 3 Cr	ACUITE BB+ Stable
	Covid Emergency Line.	Long-term	INR 3.59 Cr	ACUITE BB+ Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 4.5 Cr	ACUITE BB+ Stable
	Covid Emergency Line.	Long-term	INR 0.55 Cr	ACUITE BB+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 10 Cr	ACUITE BB+ Stable
	Covid Emergency Line.	Long-term	INR 2.94 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.01 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 9 Cr	ACUITE BB+ Stable
23rd Jan 23	SHAKTHI MURUGAN TEXTILES			Instrument & Lender Details SHAKTHI MURUGAN TEXTILES 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/Letter of Guarantee	Short-term	INR 1.57 Cr	ACUITE A4
	Cash Credit	Long-term	INR 6 Cr	ACUITE B+
	Term Loan	Long-term	INR 6.22 Cr	ACUITE B+
23rd Jan 23	Nightingale Finvest Private Limited			Instrument & Lender Details Nightingale Finvest 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 + 5 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 20 Cr	ACUITE BB+ Stable
23rd Jan 23	G P TRACTORS			Instrument & Lender Details G P TRACTORS 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
	Bank Guarantee (BLR)	Short-term	INR 1.25 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE B+
23rd Jan 23	NIKHIL MERCANTILE PRIVATE LIMITED			Instrument & Lender Details NIKHIL MERCANTILE 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 + 1 = I am not a robot
	Short-term Loan	Short-term	INR 5 Cr	ACUITE A4+
	Bills Discounting	Short-term	INR 5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 25 Cr	ACUITE BB+ Stable
	Inventory Funding	Long-term	INR 45 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB+ Stable
23rd Jan 23	KRISHNA VANIJYA PRIVATE LIMITED			Instrument & Lender Details KRISHNA VANIJYA 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 + 1 = I am not a robot
	Cash Credit	Long-term	INR 50 Cr	ACUITE BBB- Stable
23rd Jan 23	DANASH MAND ORGANIC PRIVATE LIMITED			Instrument & Lender Details DANASH MAND ORGANIC 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 + 4 = I am not a robot
	Proposed Letter of Credit	Short-term	INR 3.25 Cr	ACUITE A4
	Proposed Cash Credit	Long-term	INR 4.25 Cr	ACUITE B+
20th Jan 23	LAKSHMANAN ISOLA PRIVATE LIMITED			Instrument & Lender Details LAKSHMANAN ISOLA 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
	PC/PCFC	Short-term	INR 0.5 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 0.5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 0.6 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 0.1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7.25 Cr	ACUITE B
20th Jan 23	MATRIX CUTTING TOOLS PRIVATE LIMITED			Instrument & Lender Details MATRIX CUTTING TOOLS 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
	Cash Credit	Long-term	INR 1.2 Cr	ACUITE B
	Term Loan	Long-term	INR 4.35 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 0.95 Cr	ACUITE B