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Date	Entity Name			Rating Action
14th Apr 25	SHRI RAM MULTICOM PRIVATE LIMITED			Instrument & Lender Details SHRI RAM MULTICOM 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 + 8 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.7 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A2
	Term Loan	Long-term	INR 20.19 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 18.76 Cr	ACUITE BBB+ Stable
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 8.66 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 5.13 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 23.72 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 11.44 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 22.94 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.78 Cr	ACUITE BBB+ Stable
	Secured Overdraft	Long-term	INR 0.5 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 7.18 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE BBB+ Stable
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Lease Rental Discounting	Long-term	INR 2 Cr	ACUITE BBB+ Stable
	Lease Rental Discounting	Long-term	INR 23 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 110 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 200 Cr	ACUITE BBB+ Stable
14th Apr 25	SHRI RAM OZONE RETAIL PRIVATE LIMITED			Instrument & Lender Details SHRI RAM OZONE RETAIL 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 + 2 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A2
	Channel/Dealer/Vendor Financing	Long-term	INR 35 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 0.07 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 1 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 12.06 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 0.65 Cr	ACUITE BBB+ Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 4 Cr	ACUITE BBB+ Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 1 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 0.75 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 12 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 0.47 Cr	ACUITE BBB+ Stable
14th Apr 25	SHRI RAM PRECISIONS			Instrument & Lender Details SHRI RAM PRECISIONS 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
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 1.33 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 0.1 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 43 Cr	ACUITE BBB+ Stable
	Stand By Line of Credit	Long-term	INR 4 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.57 Cr	ACUITE BBB+ Stable
14th Apr 25	SHRI RAM RESIDENCY PRIVATE LIMITED			Instrument & Lender Details SHRI RAM RESIDENCY 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 + 7 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 7 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 35 Cr	ACUITE BBB+ Stable
14th Apr 25	ASREC INDIA LIMITED			Instrument & Lender Details ASREC 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 + 7 = I am not a robot
	Proposed Cash Credit	Long-term	INR 52.74 Cr	ACUITE Not Applicable
	External Commercial Borrowing	Long-term	INR 5.1 Cr	ACUITE Not Applicable
	Secured Overdraft	Long-term	INR 10 Cr	ACUITE A
	Proposed Long Term Bank Facility	Long-term	INR 32.16 Cr	ACUITE Not Applicable
14th Apr 25	BLUE HORIZON HOTELS PRIVATE LIMITED			Instrument & Lender Details BLUE HORIZON HOTELS 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 + 3 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 630 Cr	ACUITE Not Applicable
14th Apr 25	AQUA MACHINERIES PRIVATE LIMITED			Instrument & Lender Details AQUA MACHINERIES 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 + 6 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 10.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7 Cr	ACUITE C
	Cash Credit	Long-term	INR 21 Cr	ACUITE C
14th Apr 25	PLATINUM HOLDINGS PRIVATE LIMITED			Instrument & Lender Details PLATINUM HOLDINGS 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
	Term Loan	Long-term	INR 350 Cr	ACUITE BB+
11th Apr 25	JO BLAND ENTERPRISES			Instrument & Lender Details JO BLAND 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 + 5 = I am not a robot
	Letter of Credit	Short-term	INR 1.6 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7.25 Cr	ACUITE BB-
	Working Capital Term Loan	Long-term	INR 1.54 Cr	ACUITE BB-
	Proposed Long Term Loan	Long-term	INR 0.19 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1.66 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.76 Cr	ACUITE BB-
11th Apr 25	PHYTOCHEM REMEDIES INDIA PRIVATE LIMITED			Instrument & Lender Details PHYTOCHEM REMEDIES 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 2 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 0.04 Cr	ACUITE C
	Term Loan	Long-term	INR 13 Cr	ACUITE D
	Cash Credit	Long-term	INR 2.5 Cr	ACUITE C
11th Apr 25	J C INFRA CORPORATION LIMITED			Instrument & Lender Details J C INFRA 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 4 + 7 = I am not a robot
	Proposed Bank Guarantee	Short-term	INR 6.5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 22.7 Cr	ACUITE A4
	Proposed Cash Credit	Long-term	INR 2 Cr	ACUITE B
	Proposed Long Term Loan	Long-term	INR 1 Cr	ACUITE B
	Cash Credit	Long-term	INR 9.8 Cr	ACUITE B
	Term Loan	Long-term	INR 1 Cr	ACUITE B
11th Apr 25	JMD INDUSTRIES			Instrument & Lender Details JMD INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 7 = I am not a robot
	Cash Credit	Long-term	INR 3.75 Cr	ACUITE D
	Term Loan	Long-term	INR 1.05 Cr	ACUITE D
	Term Loan	Long-term	INR 1.65 Cr	ACUITE D
	Proposed Term Loan	Long-term	INR 2.55 Cr	ACUITE C
11th Apr 25	SARVESH MULTI PLAST INDIA PRIVATE LIMITED			Instrument & Lender Details SARVESH MULTI PLAST 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 9 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 3.25 Cr	ACUITE BB-
	Term Loan	Long-term	INR 3.9 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.8 Cr	ACUITE BB-
	Proposed Long Term Loan	Long-term	INR 5.42 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.63 Cr	ACUITE BB-
11th Apr 25	SHEIKH FARID AUTOMOBILES LIMITED			Instrument & Lender Details SHEIKH FARID AUTOMOBILES 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 7 Cr	ACUITE B
11th Apr 25	UNION AGROTECH INDIA PRIVATE LIMITED			Instrument & Lender Details UNION AGROTECH 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 1 + 4 = I am not a robot
	Cash Credit	Long-term	INR 12 Cr	ACUITE B
	Term Loan	Long-term	INR 1.5 Cr	ACUITE B
	Proposed Long Term Loan	Long-term	INR 2.32 Cr	ACUITE B
11th Apr 25	UNITECH INTERNATIONAL LIMITED			Instrument & Lender Details UNITECH INTERNATIONAL 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
	Proposed Letter of Credit	Short-term	INR 7.5 Cr	ACUITE D
	Letter of Credit	Short-term	INR 12.5 Cr	ACUITE D
	Cash Credit	Long-term	INR 12.5 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 7.5 Cr	ACUITE D
11th Apr 25	ZAMINDARA TIMBER PRIVATE LIMITED			Instrument & Lender Details ZAMINDARA TIMBER 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 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 16 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 2.75 Cr	ACUITE B
	Proposed Secured Overdraft	Long-term	INR 1.25 Cr	ACUITE B
11th Apr 25	SPG INFRAPROJECTS PRIVATE LIMITED			Instrument & Lender Details SPG INFRAPROJECTS 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 + 5 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 23 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 6 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 9.5 Cr	ACUITE BB
	Cash Credit	Long-term	INR 1 Cr	ACUITE BB
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE BB
	Cash Credit	Long-term	INR 1 Cr	ACUITE BB
11th Apr 25	VED PRAKASH AND SONS LUMBERS PRIVATE LIMITED			Instrument & Lender Details VED PRAKASH AND SONS LUMBERS 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 + 4 = I am not a robot
	Letter of Credit	Short-term	INR 12.5 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 2.5 Cr	ACUITE B
11th Apr 25	CHEMTRADE OVERSEAS PRIVATE LIMITED			Instrument & Lender Details CHEMTRADE OVERSEAS 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 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 20 Cr	ACUITE A3
	Proposed Short Term Bank Facility	Short-term	INR 10 Cr	ACUITE A3
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB- Stable