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Date	Entity Name			Rating Action
31st Jan 25	K A I INTERNATIONAL PRIVATE LIMITED			Instrument & Lender Details K A I INTERNATIONAL 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
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A2
	Cash Credit	Long-term	INR 40 Cr	ACUITE BBB Stable
	Covid Emergency Line.	Long-term	INR 0.19 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB Stable
	Proposed Long Term Loan	Long-term	INR 9.81 Cr	ACUITE BBB Stable
31st Jan 25	NATIONAL REALTY PRIVATE LIMITED			Instrument & Lender Details NATIONAL REALTY 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 391.3 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 143.7 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 620 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 432 Cr	ACUITE BBB- Stable
	Dropline Overdraft	Long-term	INR 25 Cr	ACUITE BBB- Stable
31st Jan 25	ASTON PROCESSORS LIMITED			Instrument & Lender Details ASTON PROCESSORS 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
	Letter of Credit	Short-term	INR 32 Cr	ACUITE A3+
	Bills Discounting	Short-term	INR 25 Cr	ACUITE A3+
	Bills Discounting	Short-term	INR 10 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 12.5 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 5.5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 11 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.5 Cr	ACUITE BBB- Stable
	Inventory Funding	Long-term	INR 2.5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE BBB- Stable
31st Jan 25	ECOBOX INDUSTRIALS ASSET I PRIVATE LIMITED			Instrument & Lender Details ECOBOX INDUSTRIALS ASSET I 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 + 2 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 128 Cr	ACUITE BB+ Stable
	Proposed Non Convertible Debentures	Long-term	INR 14.69 Cr	ACUITE BB+ Stable
	Proposed Non Convertible Debentures	Long-term	INR 100 Cr	ACUITE BB+ Stable
	Proposed Non Convertible Debentures	Long-term	INR 5 Cr	ACUITE BB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 7.31 Cr	ACUITE BB+ Stable
31st Jan 25	ECOBOX INDUSTRIALS ASSET III PRIVATE LIMITED			Instrument & Lender Details ECOBOX INDUSTRIALS ASSET III 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
	Proposed Non Convertible Debentures	Long-term	INR 7.35 Cr	ACUITE BB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 17.65 Cr	ACUITE BB+ Stable
31st Jan 25	ECOBOX INDUSTRIALS ASSET II PRIVATE LIMITED			Instrument & Lender Details ECOBOX INDUSTRIALS ASSET II 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 + 2 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 22.45 Cr	ACUITE BB+ Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 51 Cr	ACUITE BB+ Stable
	Proposed Non Convertible Debentures	Long-term	INR 6.55 Cr	ACUITE BB+ Stable
30th Jan 25	SHREE BALAJI ENGICONS LIMITED			Instrument & Lender Details SHREE BALAJI ENGICONS 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
	Bank Guarantee (BLR)	Short-term	INR 183 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 38 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 40 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 55 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 12 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 40 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 75 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 6 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 29 Cr	ACUITE A1
	Cash Credit	Long-term	INR 40 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 13 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 21 Cr	ACUITE A Stable
	Covid Emergency Line.	Long-term	INR 5.49 Cr	ACUITE A Stable
	Covid Emergency Line.	Long-term	INR 5.19 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 85.68 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE A Stable
	Secured Overdraft	Long-term	INR 2 Cr	ACUITE A Stable
30th Jan 25	MEGHA ENGINEERING AND INFRASTRUCTURES LIMITED			Instrument & Lender Details MEGHA ENGINEERING AND INFRASTRUCTURES 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 + 7 = I am not a robot
	Proposed Non Convertible Debentures	Long-term	INR 3000 Cr	ACUITE AA Stable
30th Jan 25	ACER INDIA PRIVATE LIMITED			Instrument & Lender Details ACER 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
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 70 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 50 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 30 Cr	ACUITE A1
	Channel/Dealer/Vendor Financing	Short-term	INR 70 Cr	ACUITE A1
	Bank Guarantee (BLR)	Long-term	INR 85 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 50 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 25 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 176.4 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 25 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 30 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 20 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 95 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 180 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 150 Cr	ACUITE A- Stable
30th Jan 25	BINDAL DEVELOPERS			Instrument & Lender Details BINDAL DEVELOPERS 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
	Bank Guarantee (BLR)	Short-term	INR 18 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 12 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 8.25 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 6 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 4.75 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 9 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 7 Cr	ACUITE BB+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 3 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 13 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 2 Cr	ACUITE BB+ Stable
	Secured Overdraft	Long-term	INR 3 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB+ Stable
30th Jan 25	NANDAN SAHA STEEL PRIVATE LIMITED			Instrument & Lender Details NANDAN SAHA STEEL 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
	Channel/Dealer/Vendor Financing	Short-term	INR 4 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing	Short-term	INR 5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10 Cr	ACUITE C
	Cash Credit	Long-term	INR 20.34 Cr	ACUITE C
	Cash Credit	Long-term	INR 9 Cr	ACUITE C
	Covid Emergency Line.	Long-term	INR 2 Cr	ACUITE C
	Term Loan	Long-term	INR 15 Cr	ACUITE C
30th Jan 25	VIMLA FUELS AND METALS LIMITED			Instrument & Lender Details VIMLA FUELS AND METALS 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
	Letter of Credit	Short-term	INR 46.75 Cr	ACUITE D
	Letter of Credit	Short-term	INR 25 Cr	ACUITE A4
	Cash Credit	Long-term	INR 25 Cr	ACUITE D
	Cash Credit	Long-term	INR 20 Cr	ACUITE C
	Working Capital Term Loan	Long-term	INR 2.26 Cr	ACUITE D
	Proposed Long Term Loan	Long-term	INR 0.99 Cr	ACUITE C
30th Jan 25	IIC TECHNOLOGIES PRIVATE LIMITED (ERSTWHILE IIC TECHNOLOGIES LIMITED)			Instrument & Lender Details IIC TECHNOLOGIES PRIVATE LIMITED (ERSTWHILE IIC TECHNOLOGIES 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
	Bank Guarantee (BLR)	Short-term	INR 32 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 20 Cr	ACUITE BB+ Stable
	Stand By Line of Credit	Long-term	INR 5 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 3.17 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 4.92 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 0.01 Cr	ACUITE Not Applicable
	Secured Overdraft	Long-term	INR 0.5 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 4.58 Cr	ACUITE BB+ Stable
30th Jan 25	TRANSMISSION CORPORATION OF TELANGANA LIMITED			Instrument & Lender Details TRANSMISSION CORPORATION OF TELANGANA 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
	Term Loan	Long-term	INR 312 Cr	ACUITE A- Stable
30th Jan 25	MSTC LIMITED			Instrument & Lender Details MSTC 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 + 7 = I am not a robot
	Proposed Short Term Bank Facility	Short-term	INR 100 Cr	ACUITE A1+
	Proposed Long Term Bank Facility	Long-term	INR 10 Cr	ACUITE A+ Stable
29th Jan 25	ABHA AGRO EXPORTS PRIVATE LIMITED			Instrument & Lender Details ABHA AGRO EXPORTS 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
	Cash Credit	Long-term	INR 23 Cr	ACUITE BBB- Negative
29th Jan 25	CLASS RESTAURANT			Instrument & Lender Details CLASS RESTAURANT 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
	Secured Overdraft	Long-term	INR 9 Cr	ACUITE B- Stable
	Proposed Long Term Loan	Long-term	INR 1 Cr	ACUITE B- Stable
29th Jan 25	INDIA DAIRY PRODUCTS LIMITED			Instrument & Lender Details INDIA DAIRY PRODUCTS 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
	Bank Guarantee (BLR)	Short-term	INR 2.9 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 3 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.91 Cr	ACUITE BBB Stable
	Proposed Long Term Loan	Long-term	INR 7.19 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 9 Cr	ACUITE BBB Stable
29th Jan 25	SAB MEDIA NETWORKS PRIVATE LIMITED			Instrument & Lender Details SAB MEDIA NETWORKS 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 100 Cr	ACUITE D
29th Jan 25	SHREE HANUMAN TRUST			Instrument & Lender Details SHREE HANUMAN TRUST 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
	Term Loan	Long-term	INR 59.5 Cr	ACUITE D