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Date	Entity Name			Rating Action
22nd Apr 25	PRAKASH IMPEX			Instrument & Lender Details PRAKASH IMPEX 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
	Post Shipment Credit	Long-term	INR 11 Cr	ACUITE B
	PC/PCFC	Long-term	INR 7 Cr	ACUITE B
22nd Apr 25	REVMAX TELECOMM INFRASTRUCTURES PRIVATE LIMITED			Instrument & Lender Details REVMAX TELECOMM INFRASTRUCTURES 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
	Cash Credit	Long-term	INR 5 Cr	ACUITE B-
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4
22nd Apr 25	SONA SYNTHETICS			Instrument & Lender Details SONA SYNTHETICS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 3 = I am not a robot
	Cash Credit	Long-term	INR 6 Cr	ACUITE B-
22nd Apr 25	SRI SAKTHI VEERAMATHE WEAVING			Instrument & Lender Details SRI SAKTHI VEERAMATHE WEAVING 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
	Term Loan	Long-term	INR 7.04 Cr	ACUITE B-
	Secured Overdraft	Long-term	INR 0.3 Cr	ACUITE B-
	Proposed Long Term Loan	Long-term	INR 0.16 Cr	ACUITE B-
22nd Apr 25	SWASTIK COPPER PRIVATE LIMITED			Instrument & Lender Details SWASTIK COPPER 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
	Cash Credit	Long-term	INR 20 Cr	ACUITE D
	Bills Discounting	Short-term	INR 2.5 Cr	ACUITE D
	Bank Guarantee (BLR)	Short-term	INR 36 Cr	ACUITE D
	Letter of Credit	Short-term	INR 4 Cr	ACUITE D
22nd Apr 25	TECH GREEN ENTERPRISES			Instrument & Lender Details TECH GREEN ENTERPRISES 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 6.1 Cr	ACUITE B
22nd Apr 25	V M AND CO			Instrument & Lender Details V M AND CO 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
	Proposed Secured Overdraft	Long-term	INR 10 Cr	ACUITE B-
	Proposed Bank Guarantee	Short-term	INR 35 Cr	ACUITE A4
22nd Apr 25	V R COATINGS PRIVATE LIMITED			Instrument & Lender Details V R COATINGS 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 + 7 = I am not a robot
	Cash Credit	Long-term	INR 5.2 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.8 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1 Cr	ACUITE A4
22nd Apr 25	VARAD FERTILISER PRIVATE LIMITED			Instrument & Lender Details VARAD FERTILISER 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 15 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 2.5 Cr	ACUITE B
22nd Apr 25	VENUS INDUSTRIES			Instrument & Lender Details VENUS INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 4 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 5 Cr	ACUITE B
22nd Apr 25	YALAVARTHI KANAKA DURGA			Instrument & Lender Details YALAVARTHI KANAKA DURGA 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
	Term Loan	Long-term	INR 10 Cr	ACUITE B
22nd Apr 25	GAGAN FERROTECH LIMITED			Instrument & Lender Details GAGAN FERROTECH 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
	Cash Credit	Long-term	INR 50 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 50 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 60 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 75 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 55 Cr	ACUITE A+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 6.83 Cr	ACUITE A+ Stable
	Letter of Credit	Short-term	INR 34 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 7.5 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 14.75 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 8 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 9 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 20.5 Cr	ACUITE A1
22nd Apr 25	GAJANAN IRON PRIVATE LIMITED			Instrument & Lender Details GAJANAN IRON 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 + 7 = I am not a robot
	Cash Credit	Long-term	INR 30 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 17.64 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 38 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 7.41 Cr	ACUITE A+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 23.31 Cr	ACUITE A+ Stable
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 2.03 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 12.97 Cr	ACUITE A1
22nd Apr 25	Shakambhari Overseas Trades Private Limited			Instrument & Lender Details Shakambhari Overseas Trades 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
	Term Loan	Long-term	INR 17.64 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 7 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 16.72 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 7 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 16 Cr	ACUITE A+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 50.86 Cr	ACUITE A+ Stable
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 7 Cr	ACUITE A1
22nd Apr 25	BAGADIYA BROTHERS PRIVATE LIMITED			Instrument & Lender Details BAGADIYA BROTHERS 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
	Cash Credit	Long-term	INR 50 Cr	ACUITE BBB- Stable
	Packing Credit	Long-term	INR 90 Cr	ACUITE BBB- Stable
	Bills Discounting	Long-term	INR 85 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 7.72 Cr	ACUITE BBB- Stable
	Letter of Credit	Short-term	INR 75 Cr	ACUITE A3+
22nd Apr 25	UFIN FINANCIAL SERVICES LIMITED (ERSTWHILE MSM MICRO FINANCE LIMITED)			Instrument & Lender Details UFIN FINANCIAL SERVICES LIMITED (ERSTWHILE MSM MICRO 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 1 + 3 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 4.5 Cr	ACUITE BB+ Negative
	Proposed Long Term Loan	Long-term	INR 20 Cr	ACUITE BB+ Negative
22nd Apr 25	JAGSON INTERNATIONAL LIMITED			Instrument & Lender Details JAGSON 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 4 + 1 = I am not a robot
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB Negative
	Term Loan	Long-term	INR 34.84 Cr	ACUITE BBB Negative
	Term Loan	Long-term	INR 32 Cr	ACUITE BBB Negative
	Cash Credit	Long-term	INR 15 Cr	ACUITE BBB Negative
	Bank Guarantee/Letter of Guarantee	Short-term	INR 5 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A3+
	Proposed Bank Guarantee	Short-term	INR 0.16 Cr	ACUITE A3+
22nd Apr 25	SPINTECH TUBES PRIVATE LIMITED			Instrument & Lender Details SPINTECH TUBES 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 25 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 42 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 70 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 30 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 14 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 2.5 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 7.5 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 150 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 35 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 165 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 70 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 60 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 75 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 45 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 70 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE A+ Stable
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 30 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 12.5 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 12.5 Cr	ACUITE A1
21st Apr 25	G R M OVERSEAS LIMITED			Instrument & Lender Details G R M OVERSEAS 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 + 3 = I am not a robot
	Stand By Line of Credit	Long-term	INR 2 Cr	ACUITE A- Stable
	Stand By Line of Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Stand By Line of Credit	Long-term	INR 20 Cr	ACUITE A- Stable
	Stand By Line of Credit	Long-term	INR 2 Cr	ACUITE A- Stable
	Stand By Line of Credit	Long-term	INR 5 Cr	ACUITE A- Stable
	Packing Credit	Short-term	INR 41 Cr	ACUITE A2+
	Packing Credit	Short-term	INR 202 Cr	ACUITE A2+
	Packing Credit	Short-term	INR 30 Cr	ACUITE A2+
21st Apr 25	AMRUT CONSTRUCTION			Instrument & Lender Details AMRUT CONSTRUCTION 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
	Secured Overdraft	Long-term	INR 1.25 Cr	ACUITE B
	Bank Guarantee/Letter of Guarantee	Short-term	INR 4.65 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 0.1 Cr	ACUITE A4