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Date	Entity Name				Rating Action
22nd Nov 22	TEAM FERRO ALLOYS PRIVATE LIMITED				Instrument & Lender Details TEAM FERRO ALLOYS 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 + 6 = I am not a robot
	Cash Credit		Long-term	INR 13 Cr	ACUITE BB-
	Letter of Credit		Short-term	INR 7 Cr	ACUITE A4+
	Proposed Letter of Credit		Short-term	INR 5 Cr	ACUITE A4+
	Proposed Cash Credit		Long-term	INR 11 Cr	ACUITE BB-
22nd Nov 22	AMARTEX INDUSTRIES LIMITED				Instrument & Lender Details AMARTEX 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 8 + 1 = I am not a robot
	Proposed Short Term Bank Facility		Short-term	INR 0.79 Cr	ACUITE A3
	Cash Credit		Long-term	INR 19.21 Cr	ACUITE BBB- Stable
22nd Nov 22	BAIJNATH MELARAM				Instrument & Lender Details BAIJNATH MELARAM 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 100 Cr	ACUITE BBB- A3 Stable
22nd Nov 22	MEGAA MODA PRIVATE LIMITED				Instrument & Lender Details MEGAA MODA 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 1.4 Cr	ACUITE A3+
	Letter of Credit		Short-term	INR 2.3 Cr	ACUITE A3+
	PC/PCFC		Short-term	INR 25 Cr	ACUITE A3+
	Term Loan		Long-term	INR 6.67 Cr	ACUITE BBB Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 2.62 Cr	ACUITE BBB Stable
	FBN/FBP/FBD/PSFC/FBE		Short-term	INR 43.9 Cr	ACUITE A3+
	Working Capital Demand Loan (WCDL)		Long-term	INR 7.38 Cr	ACUITE BBB Stable
22nd Nov 22	KRITIKA WIRES LIMITED (Erstwhile Kritika Wires Private Limited)				Instrument & Lender Details KRITIKA WIRES LIMITED (Erstwhile Kritika Wires 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 + 4 = I am not a robot
	Bills Discounting		Short-term	INR 19 Cr	ACUITE A4+
	Bills Discounting		Short-term	INR 10 Cr	ACUITE A4+
	Bank Guarantee (BLR)		Short-term	INR 5.5 Cr	ACUITE A4+
	Letter of Credit		Short-term	INR 8.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)		Short-term	INR 4.5 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 20.5 Cr	ACUITE BB
	Cash Credit		Long-term	INR 10 Cr	ACUITE BB
	Letter of Credit		Short-term	INR 8.6 Cr	ACUITE A4+
	Proposed Long Term Loan		Long-term	INR 0.4 Cr	ACUITE BB
22nd Nov 22	DIGAMBER CAPFIN LIMITED				Instrument & Lender Details DIGAMBER CAPFIN 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 + 9 = I am not a robot
	Term Loan		Long-term	INR 13.81 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 17.27 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 11.72 Cr	ACUITE BBB Stable
	Proposed Term Loan		Long-term	INR 0.36 Cr	ACUITE BBB Stable
22nd Nov 22	BANK OF INDIA				Instrument & Lender Details BANK OF INDIA 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
	Proposed Perpetual Additional Tier I Bonds		Long-term	INR 148 Cr	ACUITE AA Positive
	Basel III AT1 Bonds		Long-term	INR 750 Cr	ACUITE AA Positive
	Basel III AT1 Bonds		Long-term	INR 602 Cr	ACUITE AA Positive
22nd Nov 22	AVIOM INDIA HOUSING FINANCE PRIVATE LIMITED				Instrument & Lender Details AVIOM INDIA HOUSING 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 + 9 = I am not a robot
	Term Loan		Long-term	INR 1.33 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.33 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.25 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 40 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.94 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.31 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.25 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.09 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.94 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.12 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.87 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.58 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.12 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.88 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.43 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.77 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.09 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 4.65 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.23 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.64 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.19 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.31 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.44 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.18 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.81 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.38 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 5 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 10 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 15 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 14.5 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 22 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 4.41 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.13 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.85 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.6 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 2.02 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 31.11 Cr	ACUITE AA- Stable
	Term Loan		Long-term	INR 0.05 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.09 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.32 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 4.67 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 7.04 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.69 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.37 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.13 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.86 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 7.59 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 3.59 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 3.53 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 6.25 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 4.52 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 0.55 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 5.52 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.75 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 4.52 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 4.49 Cr	ACUITE BBB Stable
	Working Capital Term Loan		Long-term	INR 1 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 24.6 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 21.3 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 4.08 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.23 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 1.17 Cr	ACUITE BBB Stable
	Proposed Long Term Loan		Long-term	INR 5.03 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 22 Cr	ACUITE BBB Stable
	Proposed Non Convertible Debentures		Long-term	INR 3.5 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 21 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 21 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 8.57 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 24.04 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 11.5 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 20 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 10.56 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 16.67 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 8 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 13.13 Cr	ACUITE BBB Stable
	Term Loan		Long-term	INR 25 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 30 Cr	ACUITE BBB Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 37.5 Cr	ACUITE BBB Stable
21st Nov 22	VENUS INDUSTRIES				Instrument & Lender Details VENUS INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 1 = I am not a robot
	Cash Credit		Long-term	INR 5 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 5 Cr	ACUITE B+
21st Nov 22	PAXAL CORPORATION				Instrument & Lender Details PAXAL CORPORATION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 5 = I am not a robot
	Letter of Credit		Short-term	INR 11 Cr	ACUITE A4
	Cash Credit		Long-term	INR 10 Cr	ACUITE B+
21st Nov 22	J M P INDUSTRIES				Instrument & Lender Details J M P 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 + 8 = I am not a robot
	Cash Credit		Long-term	INR 21 Cr	ACUITE BB+
	Cash Credit		Long-term	INR 13.5 Cr	ACUITE BB+
	Term Loan		Long-term	INR 8.92 Cr	ACUITE BB+
	Term Loan		Long-term	INR 11.06 Cr	ACUITE BB+
21st Nov 22	GOVERDHAN COTTEX				Instrument & Lender Details GOVERDHAN COTTEX 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
	Cash Credit		Long-term	INR 6 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.03 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.3 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.03 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.48 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 2.16 Cr	ACUITE B+
21st Nov 22	GOPINATH SPINNING PRIVATE LIMITED				Instrument & Lender Details GOPINATH SPINNING 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 + 3 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 1.05 Cr	ACUITE A4
	Cash Credit		Long-term	INR 7 Cr	ACUITE B-
	Proposed Long Term Bank Facility		Long-term	INR 1 Cr	ACUITE B-
21st Nov 22	BHATIA PHOTO INDUSTRIES PRIVATE LIMITED				Instrument & Lender Details BHATIA PHOTO 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 5.1 Cr	ACUITE A4
	Bank Guarantee (BLR)		Short-term	INR 0.3 Cr	ACUITE A4
	Cash Credit		Long-term	INR 7.5 Cr	ACUITE B+
	Proposed Cash Credit		Long-term	INR 2.5 Cr	ACUITE B+
	Proposed Letter of Credit		Short-term	INR 3.95 Cr	ACUITE A4
21st Nov 22	AVIS INDIA				Instrument & Lender Details AVIS INDIA 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 5 Cr	ACUITE BB-
	Proposed Long Term Bank Facility		Long-term	INR 4.2 Cr	ACUITE BB-
21st Nov 22	KOMAL FASHION				Instrument & Lender Details KOMAL FASHION 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
	Post Shipment Credit		Short-term	INR 20 Cr	ACUITE D
	PC/PCFC		Short-term	INR 4 Cr	ACUITE D
21st Nov 22	YALAVARTHI RAMBABU				Instrument & Lender Details YALAVARTHI RAMBABU 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 10 Cr	ACUITE B+
21st Nov 22	YALAVARTHI KANAKA DURGA				Instrument & Lender Details YALAVARTHI KANAKA DURGA To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 5 = I am not a robot
	Term Loan		Long-term	INR 10 Cr	ACUITE B+
21st Nov 22	SHREEKRISHNA COTTON COMPANY				Instrument & Lender Details SHREEKRISHNA COTTON COMPANY 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 3.75 Cr	ACUITE B+
	Cash Credit		Long-term	INR 3.7 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.07 Cr	ACUITE A4
	Proposed Long Term Bank Facility		Long-term	INR 0.91 Cr	ACUITE B+
21st Nov 22	RAPHA DIAGNOSTICS PRIVATE LIMITED				Instrument & Lender Details RAPHA DIAGNOSTICS 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 + 4 = I am not a robot
	Term Loan		Long-term	INR 3.29 Cr	ACUITE B-
	Cash Credit		Long-term	INR 3 Cr	ACUITE B-
	Letter of Credit		Short-term	INR 1.5 Cr	ACUITE A4