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Date	Entity Name			Rating Action
28th Jan 25	FAHRENHEIT MOTORS PRIVATE LIMITED			Instrument & Lender Details FAHRENHEIT MOTORS 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
	Cash Credit	Long-term	INR 8 Cr	ACUITE D
	Term Loan	Long-term	INR 1.8 Cr	ACUITE D
28th Jan 25	GANGA STEELS			Instrument & Lender Details GANGA STEELS 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 10 Cr	ACUITE B
28th Jan 25	HI TECH PHARMACEUTICALS PRIVATE LIMITED			Instrument & Lender Details HI TECH PHARMACEUTICALS 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
	Term Loan	Long-term	INR 0.64 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.41 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.7 Cr	ACUITE BB-
	Term Loan	Long-term	INR 5.52 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.1 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1.2 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.69 Cr	ACUITE BB-
	Term Loan	Long-term	INR 2.53 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 2.21 Cr	ACUITE BB-
28th Jan 25	P DASS FORGING PRIVATE LIMITED			Instrument & Lender Details P DASS FORGING 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 7 Cr	ACUITE B+
	Term Loan	Long-term	INR 3.79 Cr	ACUITE B+
	Proposed Term Loan	Long-term	INR 2.5 Cr	ACUITE B+
28th Jan 25	PURVI METALS PRIVATE LIMITED			Instrument & Lender Details PURVI METALS 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 20 Cr	ACUITE D
28th Jan 25	ROHAN DYES AND INTERMEDIATES LIMITED			Instrument & Lender Details ROHAN DYES AND INTERMEDIATES 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
	Bills Discounting	Short-term	INR 9 Cr	ACUITE A4
	Packing Credit	Short-term	INR 4 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 4 Cr	ACUITE A4
	Proposed Short Term Loan	Short-term	INR 0.25 Cr	ACUITE A4
	Cash Credit	Long-term	INR 0.75 Cr	ACUITE C
	Term Loan	Long-term	INR 32 Cr	ACUITE C
28th Jan 25	AVP INFRACON LIMITED			Instrument & Lender Details AVP INFRACON 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 + 5 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 12 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 3.5 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 6.5 Cr	ACUITE BBB Stable
28th Jan 25	EASTERN MEDIA LIMITED			Instrument & Lender Details EASTERN MEDIA 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
	Term Loan	Long-term	INR 0.02 Cr	ACUITE BBB-
	Proposed Long Term Loan	Long-term	INR 38.73 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 46.9 Cr	ACUITE BBB-
28th Jan 25	BHARAT CONSTRUCTION			Instrument & Lender Details BHARAT CONSTRUCTION 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
	Bank Guarantee (BLR)	Short-term	INR 9 Cr	ACUITE A4
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 2.92 Cr	ACUITE BB- Stable
	Secured Overdraft	Long-term	INR 0.08 Cr	ACUITE BB- Stable
28th Jan 25	NACHIMUTHU INDUSTRIAL ASSOCIATION			Instrument & Lender Details NACHIMUTHU INDUSTRIAL ASSOCIATION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 7 = I am not a robot
	Secured Overdraft	Long-term	INR 15 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 25 Cr	ACUITE BBB Stable
28th Jan 25	HERALD MULTIVENTURES PRIVATE LIMITED			Instrument & Lender Details HERALD MULTIVENTURES 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 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 13.2 Cr	ACUITE D
28th Jan 25	KHUSH HOUSING FINANCE PRIVATE LIMITED			Erratum \| Instrument & Lender Details KHUSH 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 2 + 7 = I am not a robot
	Term Loan	Long-term	INR 12.2 Cr	ACUITE BB+ Stable
	Proposed Term Loan	Long-term	INR 57.6 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2.55 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2.54 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 12.2 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 4.63 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 8.28 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 9.06 Cr	ACUITE BB+ Stable
28th Jan 25	B P Construction			Instrument & Lender Details B P Construction 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
	Bank Guarantee (BLR)	Short-term	INR 33 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 17 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A3
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 1.47 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 1.6 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 0.93 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 1.17 Cr	ACUITE BBB-
	Term Loan	Long-term	INR 3.98 Cr	ACUITE BBB-
	Proposed Long Term Bank Facility	Long-term	INR 0.01 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB-
27th Jan 25	MANGALAM WORLDWIDE LIMITED			Instrument & Lender Details MANGALAM WORLDWIDE 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 4 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 14 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 11 Cr	ACUITE A2
	Cash Credit	Long-term	INR 80 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 61 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 7 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 12.5 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 11.5 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.5 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 2.5 Cr	ACUITE BBB+ Stable
27th Jan 25	VALLABH STEELS LIMITED			Instrument & Lender Details VALLABH STEELS 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 4 Cr	ACUITE D
	Letter of Credit	Short-term	INR 2 Cr	ACUITE D
	Term Loan	Long-term	INR 7 Cr	ACUITE D
	Cash Credit	Long-term	INR 11 Cr	ACUITE D
	Cash Credit	Long-term	INR 27 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 9 Cr	ACUITE D
27th Jan 25	ZON HOTELS PRIVATE LIMITED (ERSTWHILE SHREM RESORT PRIVATE LIMITED)			Instrument & Lender Details ZON HOTELS PRIVATE LIMITED (ERSTWHILE SHREM RESORT 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 68.45 Cr	ACUITE BBB
	Proposed Long Term Bank Facility	Long-term	INR 43.55 Cr	ACUITE Not Applicable
	Term Loan	Long-term	INR 30 Cr	ACUITE BBB
27th Jan 25	BHARAT ELECTRICAL CONTRACTORS AND MANUFACTURERS PRIVATE LIMITED			Instrument & Lender Details BHARAT ELECTRICAL CONTRACTORS AND MANUFACTURERS 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
	Letter of Credit	Short-term	INR 25 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 31.75 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 17.5 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 14 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.75 Cr	ACUITE BBB Stable
27th Jan 25	STRONGBUILT CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details STRONGBUILT 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 2 + 9 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 7.5 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 25 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A4+
	Secured Overdraft	Long-term	INR 2.5 Cr	ACUITE BB+ Stable
27th Jan 25	ODISHA COAL AND POWER LIMITED			Instrument & Lender Details ODISHA COAL AND POWER 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
	Bank Guarantee (BLR)	Short-term	INR 153.92 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 175.87 Cr	ACUITE A1
	Term Loan	Long-term	INR 247.01 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 164.31 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 440.24 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 100 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 218.65 Cr	ACUITE A- Stable
27th Jan 25	ODISHA POWER GENERATION CORPORATION LIMITED			Instrument & Lender Details ODISHA POWER GENERATION 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 2 + 8 = I am not a robot
	Proposed Short Term Bank Facility	Short-term	INR 35.41 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 64.59 Cr	ACUITE A1
	Cash Credit	Long-term	INR 500 Cr	ACUITE A- Stable