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Date	Entity Name			Rating Action
15th Jul 25	AEON FORMULATIONS PRIVATE LIMITED			Instrument & Lender Details AEON FORMULATIONS 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
	Cash Credit	Long-term	INR 4 Cr	ACUITE B
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.71 Cr	ACUITE B
	Working Capital Term Loan	Long-term	INR 0.55 Cr	ACUITE B
	Working Capital Term Loan	Long-term	INR 1 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 3.74 Cr	ACUITE B
15th Jul 25	DREAMZ INFRASTRUCTURE			Instrument & Lender Details DREAMZ INFRASTRUCTURE To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 7 = I am not a robot
	Term Loan	Long-term	INR 16 Cr	ACUITE D
	Proposed Long Term Loan	Long-term	INR 11 Cr	ACUITE D
15th Jul 25	GOLDEN FALCON INDIA PRIVATE LIMITED			Instrument & Lender Details GOLDEN FALCON 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 4 + 5 = I am not a robot
	Term Loan	Long-term	INR 6.14 Cr	ACUITE B-
	Cash Credit	Long-term	INR 1.5 Cr	ACUITE B-
15th Jul 25	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 + 4 = 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-
15th Jul 25	SRI VYJAYANTHI LABS PRIVATE LIMITED			Instrument & Lender Details SRI VYJAYANTHI LABS 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
	Term Loan	Long-term	INR 1.5 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 5 Cr	ACUITE B
	Proposed Letter of Credit	Short-term	INR 1.5 Cr	ACUITE A4
15th Jul 25	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 8 + 7 = I am not a robot
	Cash Credit	Long-term	INR 13.8 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE A4
14th Jul 25	RDC CONCRETE (INDIA) LIMITED			Instrument & Lender Details RDC CONCRETE (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 8 + 6 = I am not a robot
	Working Capital Demand Loan (WCDL)	Long-term	INR 55 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.23 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 47.35 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.83 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.56 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.53 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 5.32 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 55 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 50 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20.24 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 60.8 Cr	ACUITE A- Stable
	Proposed Term Loan	Long-term	INR 68.64 Cr	ACUITE A- Stable
	Proposed Working Capital Demand Loan	Long-term	INR 50 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 26 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 39 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Short-term	INR 30 Cr	ACUITE A2+
14th Jul 25	SUPRADA CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details SUPRADA 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 1 + 7 = I am not a robot
	Term Loan	Long-term	INR 4.75 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.58 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 40 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.25 Cr	ACUITE BB+ Stable
	Bank Guarantee/Letter of Guarantee	Long-term	INR 230 Cr	ACUITE BB+ Stable
	Bank Guarantee/Letter of Guarantee	Long-term	INR 55 Cr	ACUITE BB+ Stable
	Working Capital Term Loan	Long-term	INR 1.07 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 16.01 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.03 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.76 Cr	ACUITE BB+ Stable
	Proposed Bank Guarantee	Long-term	INR 18.06 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 11.49 Cr	ACUITE BB+ Stable
14th Jul 25	ALLIED DIGITAL SERVICES LIMITED			Instrument & Lender Details ALLIED DIGITAL SERVICES 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 + 5 = I am not a robot
	Term Loan	Long-term	INR 2.36 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB+
	Working Capital Demand Loan (WCDL)	Long-term	INR 17 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 25 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 0.14 Cr	ACUITE Not Applicable
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4+
14th Jul 25	KAMARHATTY CO LIMITED			Instrument & Lender Details KAMARHATTY CO 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 + 4 = I am not a robot
	Dropline Overdraft	Long-term	INR 3.13 Cr	ACUITE BB-
	Dropline Overdraft	Long-term	INR 0.12 Cr	ACUITE BB-
	Working Capital Term Loan	Long-term	INR 1.6 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 9.5 Cr	ACUITE BB-
	Term Loan	Long-term	INR 18.95 Cr	ACUITE BB-
	Term Loan	Long-term	INR 2 Cr	ACUITE BB-
	Working Capital Term Loan	Long-term	INR 5.6 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB-
	Term Loan	Long-term	INR 8 Cr	ACUITE BB-
	Letter of Credit	Short-term	INR 0.5 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 4.6 Cr	ACUITE A4+
14th Jul 25	WELCAST INDIA PRIVATE LIMITED			Instrument & Lender Details WELCAST 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 5 + 6 = I am not a robot
	Covid Emergency Line.	Long-term	INR 1.88 Cr	ACUITE BB Stable
	PC/PCFC	Long-term	INR 21.41 Cr	ACUITE BB Stable
	PC/PCFC	Long-term	INR 4.59 Cr	ACUITE BB Stable
	Bills Discounting	Long-term	INR 21 Cr	ACUITE BB Stable
	Bank Guarantee (BLR)	Short-term	INR 0.52 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 0.25 Cr	ACUITE A4+
14th Jul 25	ARVIND REALTORS PRIVATE LIMITED			Instrument & Lender Details ARVIND REALTORS 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
	Secured Overdraft	Long-term	INR 6.9 Cr	ACUITE B
14th Jul 25	BHADRAKALI AUTOCARE PRIVATE LIMITED			Instrument & Lender Details BHADRAKALI AUTOCARE 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 Cash Credit	Long-term	INR 6.5 Cr	ACUITE B-
	Proposed Long Term Loan	Long-term	INR 4.5 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE B-
14th Jul 25	KISHORE INFRASTRUCTURES PRIVATE LIMITED			Instrument & Lender Details KISHORE INFRASTRUCTURES 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
	Cash Credit	Long-term	INR 16 Cr	ACUITE BB
	Working Capital Term Loan	Long-term	INR 2.94 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.7 Cr	ACUITE BB
	Proposed Long Term Bank Facility	Long-term	INR 0.36 Cr	ACUITE BB
	Bank Guarantee/Letter of Guarantee	Short-term	INR 40 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 40 Cr	ACUITE A4+
14th Jul 25	LESHA AGENCIES			Instrument & Lender Details LESHA AGENCIES 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 6.75 Cr	ACUITE B
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE A4
14th Jul 25	M VENKATA RAO INFRA PROJECTS PRIVATE LIMITED			Instrument & Lender Details M VENKATA RAO 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 2 + 3 = I am not a robot
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 45 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 25 Cr	ACUITE BB-
	Bank Guarantee (BLR)	Short-term	INR 30 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 80 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 205 Cr	ACUITE A4+
14th Jul 25	MONARCH SELF ADHESIVE TAPES AND FOAMS INDIA PRIVATE LIMITED			Instrument & Lender Details MONARCH SELF ADHESIVE TAPES AND FOAMS 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 5 + 1 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE B-
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4
14th Jul 25	NORTH GUJARAT SAT ISABGUL INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details NORTH GUJARAT SAT ISABGUL 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 1 + 3 = I am not a robot
	Cash Credit	Long-term	INR 4.35 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 1.65 Cr	ACUITE BB-
14th Jul 25	RAINBOW PACKAGING PRIVATE LIMITED			Instrument & Lender Details RAINBOW PACKAGING 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
	Cash Credit	Long-term	INR 14.5 Cr	ACUITE B
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.44 Cr	ACUITE B
	Term Loan	Long-term	INR 2.96 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 0.1 Cr	ACUITE B
	Bills Discounting	Short-term	INR 5 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A4
14th Jul 25	REVA (SUNIL) EDUCATION SOCIETY			Instrument & Lender Details REVA (SUNIL) EDUCATION SOCIETY 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
	Term Loan	Long-term	INR 7.5 Cr	ACUITE B-