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Date	Entity Name				Rating Action
13th Feb 23	N SWARNA ELECTRICAL AND CONTRACTORS				Instrument & Lender Details N SWARNA ELECTRICAL AND CONTRACTORS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 3 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 13.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)		Short-term	INR 7.5 Cr	ACUITE A4+
	Secured Overdraft		Long-term	INR 2.42 Cr	ACUITE BB- Stable
	Working Capital Demand Loan (WCDL)		Long-term	INR 1.25 Cr	ACUITE BB- Stable
13th Feb 23	SHREE PADMAVATI ENGINEERS (INDIA) PRIVATE LIMITED				Instrument & Lender Details SHREE PADMAVATI ENGINEERS (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 2 + 9 = I am not a robot
	Cash Credit		Long-term	INR 3 Cr	ACUITE BB-
	Bank Guarantee/Letter of Guarantee		Short-term	INR 16.5 Cr	ACUITE A4+
	Proposed Bank Guarantee		Short-term	INR 7.5 Cr	ACUITE A4+
13th Feb 23	BENCO THERMAL TECHNOLOGIES PRIVATE LIMITED				Instrument & Lender Details BENCO THERMAL TECHNOLOGIES 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 + 9 = I am not a robot
	Cash Credit		Long-term	INR 4 Cr	ACUITE B+
	Bank Guarantee (BLR)		Short-term	INR 2 Cr	ACUITE A4
13th Feb 23	JMG AUTOMOBILES				Instrument & Lender Details JMG AUTOMOBILES 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 6.1 Cr	ACUITE B+
13th Feb 23	JAI SHRIKRISHNA RICE MILL				Instrument & Lender Details JAI SHRIKRISHNA RICE MILL 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 4 Cr	ACUITE D
	Cash Credit		Long-term	INR 7.53 Cr	ACUITE D
13th Feb 23	VARUN PIPING SYSTEMS				Instrument & Lender Details VARUN PIPING SYSTEMS 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
	Letter of Credit		Short-term	INR 6 Cr	ACUITE A4
	Secured Overdraft		Long-term	INR 8 Cr	ACUITE B+
	Term Loan		Long-term	INR 1.5 Cr	ACUITE B+
13th Feb 23	SABARMATI PAPERS PRIVATE LIMITED				Instrument & Lender Details SABARMATI 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 3 + 6 = I am not a robot
	Proposed Long Term Bank Facility		Long-term	INR 1.73 Cr	ACUITE B+
	Term Loan		Long-term	INR 2.97 Cr	ACUITE B+
	Term Loan		Long-term	INR 1.03 Cr	ACUITE B+
	Cash Credit		Long-term	INR 12 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 1.27 Cr	ACUITE A4
13th Feb 23	KEEN AND CORE DEVELOPERS				Instrument & Lender Details KEEN AND CORE DEVELOPERS 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 6 Cr	ACUITE B+
	Bank Guarantee (BLR)		Short-term	INR 6.5 Cr	ACUITE A4
13th Feb 23	MARUTI COTTON INDUSTRIES				Instrument & Lender Details MARUTI COTTON INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 7 = I am not a robot
	Cash Credit		Long-term	INR 8.5 Cr	ACUITE D
	Term Loan		Long-term	INR 1 Cr	ACUITE D
13th Feb 23	NECO HEAVY ENGINEERING AND CASTINGS LIMITED				Instrument & Lender Details NECO HEAVY ENGINEERING AND CASTINGS 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 12.5 Cr	ACUITE B
	Bank Guarantee (BLR)		Short-term	INR 2 Cr	ACUITE A4
13th Feb 23	LAKSHMI GALAXY ENTERPRISES				Instrument & Lender Details LAKSHMI GALAXY ENTERPRISES 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
	Cash Credit		Long-term	INR 3.5 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.94 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 0.26 Cr	ACUITE B+
	Bills Discounting		Short-term	INR 1 Cr	ACUITE A4
	PC/PCFC		Short-term	INR 1.5 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 0.56 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 3.8 Cr	ACUITE A4
13th Feb 23	PATHANJALI SILKS				Instrument & Lender Details PATHANJALI SILKS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 6 = I am not a robot
	Proposed Long Term Bank Facility		Long-term	INR 3 Cr	ACUITE B
	Cash Credit		Long-term	INR 10 Cr	ACUITE B
	Term Loan		Long-term	INR 4.75 Cr	ACUITE B
	Term Loan		Long-term	INR 2 Cr	ACUITE B
13th Feb 23	PRIMO FASHIONS				Instrument & Lender Details PRIMO FASHIONS 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
	PC/PCFC		Short-term	INR 7.45 Cr	ACUITE A4
	Cash Credit		Long-term	INR 2.5 Cr	ACUITE B+
13th Feb 23	SRI BHUVANESHVARI THANGA MALIGAI				Instrument & Lender Details SRI BHUVANESHVARI THANGA MALIGAI 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 14.3 Cr	ACUITE B+
13th Feb 23	TNSI RETAIL PRIVATE LIMITED				Instrument & Lender Details TNSI RETAIL 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
	Bank Guarantee/Letter of Guarantee		Long-term	INR 1.5 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility		Long-term	INR 0.5 Cr	ACUITE BB- Stable
13th Feb 23	TRAVEL NEWS SERVICES INDIA PRIVATE LIMITED				Instrument & Lender Details TRAVEL NEWS SERVICES 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 + 8 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Long-term	INR 18 Cr	ACUITE BB- Stable
13th Feb 23	KIRTIMAN CEMENT & PACKAGING INDUSTRIES LIMITED				Instrument & Lender Details KIRTIMAN CEMENT & PACKAGING INDUSTRIES 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
	Cash Credit		Long-term	INR 10 Cr	ACUITE D
13th Feb 23	VARDHMAN JEWELLERS				Instrument & Lender Details VARDHMAN JEWELLERS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 3 = I am not a robot
	Metal Loan		Long-term	INR 6 Cr	ACUITE B+
13th Feb 23	SYSCON INSTRUMENTS PRIVATE LIMITED				Instrument & Lender Details SYSCON INSTRUMENTS 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 + 9 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 6 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 7 Cr	ACUITE BB
	Term Loan		Long-term	INR 1.5 Cr	ACUITE BB
	Working Capital Demand Loan (WCDL)		Long-term	INR 1.18 Cr	ACUITE BB
	Proposed Long Term Bank Facility		Long-term	INR 0.22 Cr	ACUITE BB
13th Feb 23	AZINE HEALTHCARE PRIVATE LIMITED				Instrument & Lender Details AZINE 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 5 + 3 = I am not a robot
	Letter of Credit		Short-term	INR 1.45 Cr	ACUITE A4
	Bank Guarantee (BLR)		Short-term	INR 1 Cr	ACUITE A4
	Cash Credit		Long-term	INR 2.5 Cr	ACUITE B-
	Term Loan		Long-term	INR 1.5 Cr	ACUITE B-
	Proposed Long Term Bank Facility		Long-term	INR 2.05 Cr	ACUITE B-