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Date	Entity Name			Rating Action
21st Sep 22	MAHASEMAM TRUST			Instrument & Lender Details MAHASEMAM TRUST 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
	Term Loan	Long-term	INR 23.53 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 22 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.37 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.1 Cr	ACUITE BBB- Stable
21st Sep 22	DHARA MOTOR FINANCE LIMITED			Instrument & Lender Details DHARA MOTOR 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 7 + 8 = I am not a robot
	Cash Credit	Long-term	INR 40 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 20 Cr	ACUITE BB-
21st Sep 22	PAN INDIA NETWORK INFRAVEST LIMITED			Instrument & Lender Details PAN INDIA NETWORK INFRAVEST 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 510 Cr	ACUITE C
	Term Loan	Long-term	INR 450 Cr	ACUITE C
21st Sep 22	RPW PROJECTS PRIVATE LIMITED			Instrument & Lender Details RPW 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 5 + 9 = I am not a robot
	Term Loan	Long-term	INR 500 Cr	ACUITE C
	Term Loan	Long-term	INR 400 Cr	ACUITE C
21st Sep 22	LAST MILE ONLINE LIMITED			Instrument & Lender Details LAST MILE ONLINE 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 400 Cr	ACUITE C
21st Sep 22	MUMBAI WTR PRIVATE LIMITED			Instrument & Lender Details MUMBAI WTR 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 + 1 = I am not a robot
	Term Loan	Long-term	INR 750 Cr	ACUITE C
21st Sep 22	ESSEL BUSINESS EXCELLENCE SERVICES LIMITED			Instrument & Lender Details ESSEL BUSINESS EXCELLENCE 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 3 + 9 = I am not a robot
	Term Loan	Long-term	INR 400 Cr	ACUITE C
21st Sep 22	ESSEL CORPORATE RESOURCES PRIVATE LIMITED			Instrument & Lender Details ESSEL CORPORATE RESOURCES 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
	Term Loan	Long-term	INR 205 Cr	ACUITE C
	Term Loan	Long-term	INR 295 Cr	ACUITE C
21st Sep 22	MATHAN CAAR DECORS			Instrument & Lender Details MATHAN CAAR DECORS 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 10 Cr	ACUITE BB-
	Term Loan	Long-term	INR 9.76 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 0.24 Cr	ACUITE BB-
21st Sep 22	BALARAM PAPERS PRIVATE LIMITED			Instrument & Lender Details BALARAM PAPERS 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
	Bank Guarantee (BLR)	Short-term	INR 0.7 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 2 Cr	ACUITE BB+
	Term Loan	Long-term	INR 10.55 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 1.75 Cr	ACUITE BB+
20th Sep 22	ANJANI STEELS LIMITED			Instrument & Lender Details ANJANI 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 9 + 5 = I am not a robot
	Cash Credit	Long-term	INR 110 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)	Short-term	INR 21.5 Cr	ACUITE A3
	Term Loan	Long-term	INR 18.91 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 7.94 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 24.65 Cr	ACUITE BBB- Stable
20th Sep 22	SAIRAM STONE CRUSHER			Instrument & Lender Details SAIRAM STONE CRUSHER To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 6 = I am not a robot
	Term Loan	Long-term	INR 4.16 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 1.99 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 8.5 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 2.35 Cr	ACUITE BB- Stable
20th Sep 22	MARWADI SHARES AND FINANCE LIMITED			Erratum \| Instrument & Lender Details MARWADI SHARES AND 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 8 + 9 = I am not a robot
	Principal protected market linked debentures	Long-term	INR 100 Cr	ACUITE PP-MLD A- Stable
	Proposed principal protected market linked debentures	Long-term	INR 100 Cr	ACUITE PP-MLD A- Stable
20th Sep 22	FASTA PIZZA PRIVATE LIMITED			Instrument & Lender Details FASTA PIZZA 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
	Proposed Non Convertible Debentures	Long-term	INR 750 Cr	ACUITE Provisional BB+
	Proposed Non Convertible Debentures	Long-term	INR 4230 Cr	ACUITE Provisional BB+
19th Sep 22	GALAXY ALUMINIUM LLP			Instrument & Lender Details GALAXY ALUMINIUM LLP To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 3 = I am not a robot
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE BB+ Stable
	Letter of Credit	Short-term	INR 7 Cr	ACUITE A4+
	Proposed Long Term Loan	Long-term	INR 1.6 Cr	ACUITE BB+ Stable
19th Sep 22	AVK ISPAT PRIVATE LIMITED			Instrument & Lender Details AVK 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 1 + 4 = I am not a robot
	Cash Credit	Long-term	INR 17 Cr	ACUITE BB+
19th Sep 22	ELIXIR MET FORM PRIVATE LIMITED			Instrument & Lender Details ELIXIR MET FORM 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 + 1 = I am not a robot
	Cash Credit	Long-term	INR 14.5 Cr	ACUITE BB Stable
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 3.5 Cr	ACUITE A4+
	Proposed Long Term Loan	Long-term	INR 4 Cr	ACUITE BB Stable
19th Sep 22	SAILAJA COMMERCIAL CONSTRUCTION PRIVATE LIMITED			Instrument & Lender Details SAILAJA COMMERCIAL CONSTRUCTION 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
	Bank Guarantee (BLR)	Short-term	INR 6.1 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 5.1 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 18.25 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 1 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 3 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 3 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 15 Cr	ACUITE BBB Stable
19th Sep 22	AL-SAFA INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details AL-SAFA 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 3 + 4 = I am not a robot
	Cash Credit	Long-term	INR 7.5 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 0.44 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 1.49 Cr	ACUITE B+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.24 Cr	ACUITE B+ Stable
19th Sep 22	KUNAL CONCHEM PRIVATE LIMITED			Instrument & Lender Details KUNAL CONCHEM 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
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE BBB Stable
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A3+