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Date	Entity Name			Rating Action
5th Jan 23	INCREDIBLE INDUSTRIES LIMITED			Instrument & Lender Details INCREDIBLE 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 5 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 5.55 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 5.75 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 10.68 Cr	ACUITE BBB Stable
	Proposed Cash Credit	Long-term	INR 0.02 Cr	ACUITE BBB Stable
5th Jan 23	K GOWDA & CO			Instrument & Lender Details K GOWDA & CO To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 17.5 Cr	ACUITE A4+
	Proposed Bank Guarantee	Short-term	INR 15 Cr	ACUITE A4+
	Term Loan	Long-term	INR 0.6 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 3 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 9.5 Cr	ACUITE BB- Stable
	Proposed Cash Credit	Long-term	INR 15 Cr	ACUITE BB- Stable
	Proposed Long Term Loan	Long-term	INR 0.4 Cr	ACUITE BB- Stable
	Proposed Term Loan	Long-term	INR 17 Cr	ACUITE BB- Stable
5th Jan 23	QUADRILLION FINANCE PRIVATE LIMITED			Instrument & Lender Details QUADRILLION 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 4 + 1 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 15 Cr	ACUITE BBB (CE)
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE BBB (CE)
5th Jan 23	TIRUPUR TEXTILES PRIVATE LIMITED			Instrument & Lender Details TIRUPUR TEXTILES 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.25 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 10.1 Cr	ACUITE A4
	Working Capital Term Loan	Long-term	INR 10.33 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 3.52 Cr	ACUITE B+ Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE B+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 25.8 Cr	ACUITE B+ Stable
5th Jan 23	ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED			Instrument & Lender Details ANDHRA PRADESH STATE BEVERAGES 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 1 + 7 = I am not a robot
	Proposed Non Convertible Debentures	Long-term	INR 1995 Cr	ACUITE Provisional AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 830.5 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 170 Cr	ACUITE AA+ (CE) Stable
5th Jan 23	AVI AGRI BUSINESS LIMITED			Instrument & Lender Details AVI AGRI BUSINESS 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 + 5 = I am not a robot
	Packing Credit	Short-term	INR 39 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 109 Cr	ACUITE BBB Stable
	Covid Emergency Line.	Long-term	INR 15.84 Cr	ACUITE BBB Stable
	Covid Emergency Line.	Long-term	INR 3.45 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 26 Cr	ACUITE BBB Stable
	Proposed Long Term Loan	Long-term	INR 6.71 Cr	ACUITE BBB Stable
5th Jan 23	SANTHOSH BUILDWEL INFRA PRIVATE LIMITED			Instrument & Lender Details SANTHOSH BUILDWEL INFRA 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 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 5.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 24 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB+ Stable
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB+ Stable
5th Jan 23	A K CAPITAL SERVICES LIMITED			Instrument & Lender Details A K CAPITAL 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 5 + 5 = I am not a robot
	Cash Credit	Long-term	INR 150 Cr	ACUITE AA- Stable
	Cash Credit	Long-term	INR 100 Cr	ACUITE AA- Stable
	Cash Credit	Long-term	INR 100 Cr	ACUITE AA- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 150 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 30.5 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 3.6 Cr	ACUITE AA- Stable
	Secured Overdraft	Long-term	INR 50 Cr	ACUITE AA- Stable
	Proposed Long Term Bank Facility	Long-term	INR 38.9 Cr	ACUITE AA- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 100 Cr	ACUITE AA- Stable
5th Jan 23	SLR INFRASTRUCTURE PRIVATE LIMITED			Instrument & Lender Details SLR INFRASTRUCTURE 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
	Bank Guarantee (BLR)	Short-term	INR 17 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 13.8 Cr	ACUITE A3
	Proposed Bank Guarantee	Short-term	INR 62.7 Cr	ACUITE A3
	Cash Credit	Long-term	INR 3 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE BBB- Stable
	Proposed Cash Credit	Long-term	INR 5 Cr	ACUITE BBB- Stable
4th Jan 23	RAKON INDIA PRIVATE LIMITED			Instrument & Lender Details RAKON 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 8 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB Stable
4th Jan 23	KANCO TEA AND INDUSTRIES LIMITED			Instrument & Lender Details KANCO TEA AND 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 2 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 1.8 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 0.3 Cr	ACUITE A3
	Cash Credit	Long-term	INR 21.5 Cr	ACUITE BBB- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 3.5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 11.82 Cr	ACUITE BBB- Stable
4th Jan 23	SOHAM PHALGUNI RENEWABLE ENERGY PRIVATE LIMITED			Instrument & Lender Details SOHAM PHALGUNI RENEWABLE ENERGY 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 + 7 = I am not a robot
	Term Loan	Long-term	INR 15.76 Cr	ACUITE BB+ Stable
	Proposed Long Term Loan	Long-term	INR 9.24 Cr	ACUITE BB+ Stable
4th Jan 23	SURUCHI SPICES PRIVATE LIMITED			Instrument & Lender Details SURUCHI SPICES 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 40 Cr	ACUITE BB+
4th Jan 23	SUDALAGUNTA AGRO MILLS LIMITED			Instrument & Lender Details SUDALAGUNTA AGRO MILLS 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE B
4th Jan 23	SPICEJET LIMITED			Instrument & Lender Details SPICEJET 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
	Bank Guarantee (BLR)	Short-term	INR 310.5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 59.7 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 270.78 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 18.5 Cr	ACUITE A4
	Term Loan	Long-term	INR 20 Cr	ACUITE B Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 80 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 127.5 Cr	ACUITE B Stable
	Proposed Long Term Bank Facility	Long-term	INR 352.04 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 60 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 150.98 Cr	ACUITE B Stable
4th Jan 23	B SQUARE DEVELOPERS			Instrument & Lender Details B SQUARE DEVELOPERS 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
	Term Loan	Long-term	INR 99 Cr	ACUITE BB-
4th Jan 23	RADHA WINES			Instrument & Lender Details RADHA WINES 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
	Cash Credit	Long-term	INR 90 Cr	ACUITE BBB Stable
4th Jan 23	SHAH FOILS LIMITED			Instrument & Lender Details SHAH FOILS 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 + 9 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2.5 Cr	ACUITE A2
	Cash Credit	Long-term	INR 45 Cr	ACUITE BBB+
	Working Capital Term Loan	Long-term	INR 5 Cr	ACUITE BBB+
	Term Loan	Long-term	INR 9.73 Cr	ACUITE BBB+
	Term Loan	Long-term	INR 2.74 Cr	ACUITE BBB+
	Term Loan	Long-term	INR 2.92 Cr	ACUITE BBB+
	Term Loan	Long-term	INR 7.15 Cr	ACUITE BBB+
	Term Loan	Long-term	INR 3.71 Cr	ACUITE BBB+
	Term Loan	Long-term	INR 1.95 Cr	ACUITE BBB+
	Term Loan	Long-term	INR 6 Cr	ACUITE BBB+
	Term Loan	Long-term	INR 6.5 Cr	ACUITE BBB+
	Cash Credit	Long-term	INR 50 Cr	ACUITE BBB+
4th Jan 23	NIF ISPAT LIMITED			Instrument & Lender Details NIF ISPAT 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
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A3
	PC/PCFC	Long-term	INR 25.2 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 5.89 Cr	ACUITE BBB- Stable
	Proposed Packing Credit	Long-term	INR 8.05 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 15.04 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 4.3 Cr	ACUITE BBB- Stable
	Proposed Packing Credit	Long-term	INR 11 Cr	ACUITE BBB- Stable
	PC/PCFC	Long-term	INR 17 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.52 Cr	ACUITE BBB- Stable
4th Jan 23	SITARA CONDUCTORS AND CABLES PRIVATE LIMITED			Instrument & Lender Details SITARA CONDUCTORS AND CABLES 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 + 7 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE D
	Cash Credit	Long-term	INR 4 Cr	ACUITE D
	Term Loan	Long-term	INR 0.4 Cr	ACUITE D