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Date	Entity Name			Rating Action
20th Jan 23	NABHA DUPLEX LIMITED (Formerly known as GAHIR PAPER MILLS LIMITED)			Instrument & Lender Details NABHA DUPLEX LIMITED (Formerly known as GAHIR PAPER MILLS 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 7 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.7 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.7 Cr	ACUITE B+
20th Jan 23	VASANTHA ADVANCED SYSTEMS			Instrument & Lender Details VASANTHA ADVANCED SYSTEMS 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.4 Cr	ACUITE A4
	Term Loan	Long-term	INR 0.45 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.97 Cr	ACUITE B+
	Term Loan	Long-term	INR 4 Cr	ACUITE B+
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.12 Cr	ACUITE B+
20th Jan 23	R R CONSTRUCTIONS			Instrument & Lender Details R R CONSTRUCTIONS 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 7.73 Cr	ACUITE D
	Proposed Long Term Loan	Long-term	INR 1 Cr	ACUITE D
20th Jan 23	NETWORK CLOTHING COMPANY PRIVATE LIMITED			Instrument & Lender Details NETWORK CLOTHING COMPANY 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 + 9 = I am not a robot
	PC/PCFC	Short-term	INR 29 Cr	ACUITE A3
	PC/PCFC	Short-term	INR 16.5 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 3.5 Cr	ACUITE A3
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 12.5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 11 Cr	ACUITE BBB- Stable
20th Jan 23	VAIDYA INDUSTRIES			Instrument & Lender Details VAIDYA INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 4 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 13.8 Cr	ACUITE BB-
20th Jan 23	JODHPUR VIDYUT VITRAN NIGAM LIMITED			Instrument & Lender Details JODHPUR VIDYUT VITRAN NIGAM 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 649.17 Cr	ACUITE A2
	Cash Credit	Long-term	INR 140 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 375.95 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 286 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 465.3 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 210 Cr	ACUITE BBB+ Stable
19th Jan 23	TORRANCE ENTERPRISE			Instrument & Lender Details TORRANCE ENTERPRISE To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 2 = I am not a robot
	Term Loan	Long-term	INR 7.5 Cr	ACUITE B
19th Jan 23	LORDS INFRACON PRIVATE LIMITED			Instrument & Lender Details LORDS INFRACON 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
	Proposed Bank Guarantee	Short-term	INR 5.12 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 30 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 1.88 Cr	ACUITE BB- Stable
19th Jan 23	SEEDS FINCAP PRIVATE LIMITED - NIMBUS 2022 SBL AQUATIC			Instrument & Lender Details SEEDS FINCAP PRIVATE LIMITED - NIMBUS 2022 SBL AQUATIC To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 5 = I am not a robot
	Pass Through Certificate	Long-term	INR 4.03 Cr	ACUITE BBB- (SO )
19th Jan 23	CALIFORNIA AGRI NUTS CORPORATION			Instrument & Lender Details CALIFORNIA AGRI NUTS CORPORATION 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 20 Cr	ACUITE BB- Stable
19th Jan 23	UGRO CAPITAL LIMITED - SME200130 - SERIES 2			Instrument & Lender Details UGRO CAPITAL LIMITED - SME200130 - SERIES 2 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
	Pass Through Certificate	Long-term	INR 2.76 Cr	ACUITE AA (SO )
19th Jan 23	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 3 + 8 = I am not a robot
	Working Capital Term Loan	Long-term	INR 100 Cr	ACUITE A- Stable
19th Jan 23	SHRI RAM FINANCE CORPORATION PRIVATE LIMITED - VIVRITI HILLARY 12 2020			Instrument & Lender Details SHRI RAM FINANCE CORPORATION PRIVATE LIMITED - VIVRITI HILLARY 12 2020 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
	Pass Through Certificate	Long-term	INR 1.43 Cr	ACUITE A (SO )
19th Jan 23	JAMKASH VEHICLEADES PRIVATE LIMITED			Instrument & Lender Details JAMKASH VEHICLEADES 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 21.2 Cr	ACUITE A3+
	Channel/Dealer/Vendor Financing	Long-term	INR 8 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 60 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.86 Cr	ACUITE BBB Stable
	Covid Emergency Line.	Long-term	INR 12 Cr	ACUITE BBB Stable
	Proposed Cash Credit	Long-term	INR 0.83 Cr	ACUITE BBB Stable
	Covid Emergency Line.	Long-term	INR 2.35 Cr	ACUITE BBB Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 10 Cr	ACUITE BBB Stable
19th Jan 23	PLANT LIPIDS PRIVATE LIMITED			Instrument & Lender Details PLANT LIPIDS 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 + 6 = I am not a robot
	PC/PCFC	Short-term	INR 70 Cr	ACUITE A1+
	PC/PCFC	Short-term	INR 80 Cr	ACUITE A1+
	PC/PCFC	Short-term	INR 160 Cr	ACUITE A1+
	PC/PCFC	Short-term	INR 150 Cr	ACUITE A1+
	PC/PCFC	Short-term	INR 52 Cr	ACUITE A1+
	PC/PCFC	Short-term	INR 48 Cr	ACUITE A1+
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A1+
	Packing Credit	Short-term	INR 50 Cr	ACUITE A1+
	Post Shipment Credit	Short-term	INR 140 Cr	ACUITE A1+
	Post Shipment Credit	Short-term	INR 60 Cr	ACUITE A1+
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE AA- Stable
19th Jan 23	GO AIRLINES (INDIA) LIMITED			Instrument & Lender Details GO AIRLINES (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 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 456.98 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 1200 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 30 Cr	ACUITE A2+
	Proposed Short Term Bank Facility	Short-term	INR 450 Cr	ACUITE A2+
	Secured Overdraft	Long-term	INR 100 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 5 Cr	ACUITE BBB+ Negative
	Proposed Long Term Bank Facility	Long-term	INR 100 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 93 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 73.9 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 64.05 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 25.65 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 4.8 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 3.78 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 1320 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 31.6 Cr	ACUITE BBB+ Negative
	Term Loan	Long-term	INR 98.22 Cr	ACUITE BBB+ Negative
	Secured Overdraft	Long-term	INR 843.02 Cr	ACUITE BBB+ Negative
	Secured Overdraft	Long-term	INR 20 Cr	ACUITE BBB+ Negative
	Working Capital Demand Loan (WCDL)	Long-term	INR 30 Cr	ACUITE BBB+ Negative
	Proposed Long Term Bank Facility	Long-term	INR 650 Cr	ACUITE BBB+ Negative
18th Jan 23	PHIL COAL BENEFICATION PRIVATE LIMITED			Instrument & Lender Details PHIL COAL BENEFICATION 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 + 8 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2.5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 18 Cr	ACUITE BB+
	Proposed Cash Credit	Long-term	INR 20 Cr	ACUITE BB+
18th Jan 23	SHANTHI WOOD WORKS			Instrument & Lender Details SHANTHI WOOD WORKS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 7 Cr	ACUITE A4
	Cash Credit	Long-term	INR 1 Cr	ACUITE B
18th Jan 23	PARASNATH ENTERPRISES			Instrument & Lender Details PARASNATH ENTERPRISES 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/Letter of Guarantee	Short-term	INR 3.45 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 3 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 2.87 Cr	ACUITE B+
18th Jan 23	NISHA TRADERS			Instrument & Lender Details NISHA TRADERS 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
	PC/PCFC	Short-term	INR 1.45 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 2.05 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 1.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 2.9 Cr	ACUITE B+