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Date	Entity Name			Rating Action
3rd Oct 22	RADIANT UDYOG PRIVATE LIMITED			Instrument & Lender Details RADIANT UDYOG 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 + 6 = I am not a robot
	Proposed Term Loan	Long-term	INR 0.21 Cr	ACUITE C
	Term Loan	Long-term	INR 5.91 Cr	ACUITE C
3rd Oct 22	RIYARA TRADING			Instrument & Lender Details RIYARA TRADING 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
	Cash Credit	Long-term	INR 8.5 Cr	ACUITE BB-
3rd Oct 22	MARUTI PRODUCTS PRIVATE LIMITED			Instrument & Lender Details MARUTI PRODUCTS 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.43 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 0.07 Cr	ACUITE B+
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A4
3rd Oct 22	KAVCON ENGINEERS PRIVATE LIMITED			Instrument & Lender Details KAVCON ENGINEERS 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 15 Cr	ACUITE D
	Cash Credit	Long-term	INR 1.2 Cr	ACUITE D
	Bank Guarantee/Letter of Guarantee	Short-term	INR 3 Cr	ACUITE D
	Working Capital Term Loan	Long-term	INR 15 Cr	ACUITE D
	Term Loan	Long-term	INR 0.36 Cr	ACUITE D
3rd Oct 22	BRIGHT STYLE FABRICS PRIVATE LIMITED			Instrument & Lender Details BRIGHT STYLE FABRICS 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 8 Cr	ACUITE B+
	Term Loan	Long-term	INR 4 Cr	ACUITE B+
3rd Oct 22	AKSHAY KHANDELWAL TUBES AND ISPAT PRIVATE LIMITED			Instrument & Lender Details AKSHAY KHANDELWAL TUBES AND ISPAT 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 1 Cr	ACUITE B+
3rd Oct 22	APEX STRUCTURE PRIVATE LIMITED			Instrument & Lender Details APEX STRUCTURE 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 + 5 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 26.5 Cr	ACUITE A3
	Bank Guarantee/Letter of Guarantee	Short-term	INR 18.5 Cr	ACUITE A3
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE BBB-
	Secured Overdraft	Long-term	INR 4.5 Cr	ACUITE BBB-
3rd Oct 22	EMBASSY ONE DEVELOPERS PRIVATE LIMITED			Instrument & Lender Details EMBASSY ONE DEVELOPERS 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
	Term Loan	Long-term	INR 700 Cr	ACUITE BBB-
3rd Oct 22	CHOCKALINGAPURAM DEVANGAR VARTHAGAR SANGAM			Instrument & Lender Details CHOCKALINGAPURAM DEVANGAR VARTHAGAR SANGAM 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
	Term Loan	Long-term	INR 0.92 Cr	ACUITE B+
	Term Loan	Long-term	INR 8.57 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 1.04 Cr	ACUITE B+
	Secured Overdraft	Long-term	INR 0.75 Cr	ACUITE B+
	Proposed Secured Overdraft	Long-term	INR 0.75 Cr	ACUITE B+
3rd Oct 22	ARMOUR DISPLAY SYSTEMS PRIVATE LIMITED			Instrument & Lender Details ARMOUR DISPLAY SYSTEMS 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 + 3 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE A4+
	Term Loan	Long-term	INR 6.26 Cr	ACUITE BB
	Term Loan	Long-term	INR 7.74 Cr	ACUITE BB
	Cash Credit	Long-term	INR 3 Cr	ACUITE BB
3rd Oct 22	AAHELI HEALTHCARE PRIVATE LIMITED			Instrument & Lender Details AAHELI HEALTHCARE 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 + 8 = I am not a robot
	Term Loan	Long-term	INR 8.25 Cr	ACUITE D
	Cash Credit	Long-term	INR 1 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 5.65 Cr	ACUITE D
3rd Oct 22	BT FISHERIES			Instrument & Lender Details BT FISHERIES 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
	Bank Guarantee (BLR)	Short-term	INR 3.36 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 0.8 Cr	ACUITE B
	Term Loan	Long-term	INR 4.34 Cr	ACUITE B
3rd Oct 22	SHIV TEXCHEM PRIVATE LIMITED			Instrument & Lender Details SHIV TEXCHEM 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 + 2 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 7 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 28.1 Cr	ACUITE A4+
	Channel/Dealer/Vendor Financing	Long-term	INR 7 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 22 Cr	ACUITE BB+
	Secured Overdraft	Long-term	INR 10 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 20 Cr	ACUITE BB+
	Term Loan	Long-term	INR 2.21 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 66.19 Cr	ACUITE BB+
3rd Oct 22	ASHOO DECOR INDIA			Instrument & Lender Details ASHOO DECOR INDIA 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
	Secured Overdraft	Long-term	INR 0.95 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 5.5 Cr	ACUITE A4
30th Sep 22	Alps Mining Services Private Limited (Erstwhile Alps Mining Services)			Instrument & Lender Details Alps Mining Services Private Limited (Erstwhile Alps Mining Services) To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 1 = I am not a robot
	Cash Credit	Long-term	INR 8 Cr	ACUITE BBB+ Stable
	Bills Discounting	Short-term	INR 15 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A2
30th Sep 22	SATYA MICROCAPITAL LIMITED			Instrument & Lender Details SATYA MICROCAPITAL 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 40 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.59 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.3 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.02 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.18 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.91 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 22.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.46 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 11 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 100 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 36.45 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 40.09 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 24 Cr	ACUITE A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 45 Cr	ACUITE A- Stable
	Proposed principal protected market linked debentures	Long-term	INR 50 Cr	ACUITE PP-MLD A- Stable
30th Sep 22	NAMRA FINANCE LIMITED			Erratum \| Instrument & Lender Details NAMRA 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 1 Cr	ACUITE A- Stable
30th Sep 22	SATYA MICROCAPITAL LIMITED			Instrument & Lender Details SATYA MICROCAPITAL 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 + 2 = I am not a robot
	Principal protected market linked debentures	Long-term	INR 50 Cr	ACUITE PP-MLD A- Stable
30th Sep 22	NAMRA FINANCE LIMITED			Erratum \| Instrument & Lender Details NAMRA 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.57 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.27 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.2 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.27 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.63 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.08 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.45 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.79 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.94 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 16.36 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 19.38 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 21.96 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.58 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 30 Cr	ACUITE A- Stable
	Proposed Term Loan	Long-term	INR 12.02 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Proposed Term Loan	Long-term	INR 22 Cr	ACUITE A- Stable
	Proposed Market Linked Debentures	Long-term	INR 42 Cr	ACUITE PP-MLD A- Stable
30th Sep 22	ARMAN FINANCIAL SERVICES LIMITED			Instrument & Lender Details ARMAN FINANCIAL 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 6 + 1 = I am not a robot
	Cash Credit	Long-term	INR 2 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.56 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.06 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.42 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 13.6 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 27 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.86 Cr	ACUITE A- Stable
	Proposed Secured Non-Convertible Debentures	Long-term	INR 30 Cr	ACUITE A- Stable
	Proposed Market Linked Debentures	Long-term	INR 20 Cr	ACUITE PP-MLD A- Stable
30th Sep 22	SAIPAVANI CONSTRUCTIONS INDIA PRIVATE LIMITED			Instrument & Lender Details SAIPAVANI CONSTRUCTIONS 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 6 + 3 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A3
	Cash Credit	Long-term	INR 13 Cr	ACUITE BBB- Negative
	Proposed Short Term Bank Facility	Short-term	INR 25 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A3
	Secured Overdraft	Long-term	INR 10 Cr	ACUITE BBB- Negative
	Proposed Long Term Bank Facility	Long-term	INR 2 Cr	ACUITE BBB- Negative
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB- Negative
	Term Loan	Long-term	INR 3.68 Cr	ACUITE BBB- Negative
	Proposed Long Term Loan	Long-term	INR 6.32 Cr	ACUITE BBB- Negative
30th Sep 22	MUSADDILAL PROJECTS PRIVATE LIMITED			Instrument & Lender Details MUSADDILAL 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 6 + 4 = I am not a robot
	Lease Rental Discounting	Long-term	INR 90 Cr	ACUITE BBB+ Stable
	Lease Rental Discounting	Long-term	INR 56 Cr	ACUITE BBB+ Stable
	Lease Rental Discounting	Long-term	INR 8 Cr	ACUITE BBB+ Stable