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Date	Entity Name			Rating Action
8th Dec 22	TELAWNE POWER EQUIPMENTS PRIVATE LIMITED			Instrument & Lender Details TELAWNE POWER EQUIPMENTS 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 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 3 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 3 Cr	ACUITE A4
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.2 Cr	ACUITE B+
8th Dec 22	SOHRAB TEXTILES MILLS LIMITED			Instrument & Lender Details SOHRAB TEXTILES 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 3 Cr	ACUITE D
	Term Loan	Long-term	INR 3 Cr	ACUITE D
	Cash Credit	Long-term	INR 0.6 Cr	ACUITE D
	Cash Credit	Long-term	INR 2 Cr	ACUITE D
	Cash Credit	Long-term	INR 0.6 Cr	ACUITE D
	Cash Credit	Long-term	INR 2 Cr	ACUITE D
	Term Loan	Long-term	INR 3 Cr	ACUITE D
	Term Loan	Long-term	INR 3 Cr	ACUITE D
	Cash Credit	Long-term	INR 0.6 Cr	ACUITE D
	Cash Credit	Long-term	INR 2 Cr	ACUITE D
	Cash Credit	Long-term	INR 0.6 Cr	ACUITE D
	Cash Credit	Long-term	INR 2 Cr	ACUITE D
8th Dec 22	SINGLA MOTORS PRIVATE LIMITED			Instrument & Lender Details SINGLA 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 6 + 8 = I am not a robot
	Cash Credit	Long-term	INR 15 Cr	ACUITE B+
8th Dec 22	RAWALWASIA YARN DYEING PRIVATE LIMITED			Instrument & Lender Details RAWALWASIA YARN DYEING 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 18.5 Cr	ACUITE BB-
	Term Loan	Long-term	INR 3.95 Cr	ACUITE BB-
	Proposed Long Term Loan	Long-term	INR 0.55 Cr	ACUITE BB-
8th Dec 22	ASHA DIAMOND			Instrument & Lender Details ASHA DIAMOND 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
	Post Shipment Credit	Long-term	INR 20 Cr	ACUITE BBB- Negative
	Proposed Long Term Bank Facility	Long-term	INR 14 Cr	ACUITE BBB- Negative
	PC/PCFC	Long-term	INR 26 Cr	ACUITE BBB- Negative
	PC/PCFC	Long-term	INR 10 Cr	ACUITE BBB- Negative
	Stand By Line of Credit	Long-term	INR 10 Cr	ACUITE BBB- Negative
8th Dec 22	KENT CHEMICALS PRIVATE LIMITED			Instrument & Lender Details KENT CHEMICALS 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
	Letter of Credit	Short-term	INR 19.5 Cr	ACUITE A3
	Proposed Long Term Bank Facility	Long-term	INR 1.01 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 1.49 Cr	ACUITE BBB- Stable
8th Dec 22	SRI SAI MARUTHI CASHEW INDUSTRIES			Instrument & Lender Details SRI SAI MARUTHI CASHEW INDUSTRIES 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
	Secured Overdraft	Long-term	INR 4.4 Cr	ACUITE B
	Cash Credit	Long-term	INR 1.6 Cr	ACUITE B
8th Dec 22	A S INDUSTRIES			Instrument & Lender Details A S INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 2 = I am not a robot
	Secured Overdraft	Long-term	INR 5.7 Cr	ACUITE D
	Letter of Credit	Short-term	INR 1.49 Cr	ACUITE D
	Term Loan	Long-term	INR 1.65 Cr	ACUITE D
	Term Loan	Long-term	INR 0.16 Cr	ACUITE D
8th Dec 22	BOLT MASTER INDIA PRIVATE LIMITED			Instrument & Lender Details BOLT MASTER 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 7 + 6 = I am not a robot
	Working Capital Term Loan	Long-term	INR 12.2 Cr	ACUITE D
	Working Capital Term Loan	Long-term	INR 1.89 Cr	ACUITE D
	Term Loan	Long-term	INR 5.61 Cr	ACUITE D
	Term Loan	Long-term	INR 0.3 Cr	ACUITE D
8th Dec 22	INKEL LIMITED			Instrument & Lender Details INKEL 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
	Proposed Fixed Deposit Program	Long-term	INR 40 Cr	ACUITE BB Stable
	Bank Guarantee (BLR)	Short-term	INR 51.3 Cr	ACUITE A4+
8th Dec 22	SATYAM PHARMA CHEM PRIVATE LIMITED			Instrument & Lender Details SATYAM PHARMA CHEM 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
	Letter of Credit	Short-term	INR 16.93 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 0.77 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.84 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 0.45 Cr	ACUITE A4+
	Packing Credit	Short-term	INR 2.6 Cr	ACUITE A4+
	Packing Credit	Short-term	INR 4.1 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE BB+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.82 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 3 Cr	ACUITE BB+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.7 Cr	ACUITE BB+ Stable
8th Dec 22	MANJEET COTTON PRIVATE LIMITED			Instrument & Lender Details MANJEET COTTON 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 + 7 = I am not a robot
	Stand By Line of Credit	Short-term	INR 8.8 Cr	ACUITE A1
	Stand By Line of Credit	Short-term	INR 13.2 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A1
	Cash Credit	Long-term	INR 91.2 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 170.3 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 83.5 Cr	ACUITE A Stable
	Cash Credit	Long-term	INR 50 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 14.78 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 0.84 Cr	ACUITE A Stable
	Post Shipment Credit	Long-term	INR 55 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 3.62 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 7.96 Cr	ACUITE A Stable
8th Dec 22	NAVACHETANA MICROFIN SERVICES PRIVATE LIMITED			Instrument & Lender Details NAVACHETANA MICROFIN SERVICES 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 + 8 = I am not a robot
	Term Loan	Long-term	INR 9.65 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.25 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 10.84 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 0.96 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 0.07 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.84 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 4.3 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 11.46 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.27 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.33 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 16.09 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 19.05 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.29 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.99 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 7.8 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 4.86 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.67 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 8.43 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 7.4 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.5 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 4.38 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 17.45 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.96 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 19.5 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 20.89 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 5 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 7.07 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE BBB Stable
	Proposed Long Term Loan	Long-term	INR 128.62 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 45.33 Cr	ACUITE BBB Stable
	Proposed Long Term Loan	Long-term	INR 2.75 Cr	ACUITE BBB Stable
8th Dec 22	RAMA VISION LIMITED			Instrument & Lender Details RAMA VISION 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 9 Cr	ACUITE B+
8th Dec 22	MSTC LIMITED			Instrument & Lender Details MSTC 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 + 7 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 125 Cr	ACUITE A1+
	Proposed Short Term Bank Facility	Short-term	INR 50 Cr	ACUITE A1+
	Term Loan	Long-term	INR 8.25 Cr	ACUITE A+
	Proposed Long Term Bank Facility	Long-term	INR 40 Cr	ACUITE A+
	Proposed Short Term Bank Facility	Short-term	INR 100 Cr	ACUITE A1+
	Proposed Long Term Bank Facility	Long-term	INR 10 Cr	ACUITE A+ Stable
8th Dec 22	VALAR ADITI SOCIAL FINANCE PRIVATE LIMITED			Instrument & Lender Details VALAR ADITI SOCIAL 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 + 3 = I am not a robot
	Proposed Long Term Loan	Long-term	INR 3 Cr	ACUITE BB Stable
8th Dec 22	VEDIKA CREDIT CAPITAL LIMITED - ARITRA GROWTH 3			Instrument & Lender Details VEDIKA CREDIT CAPITAL LIMITED - ARITRA GROWTH 3 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
	Pass Through Certificate	Long-term	INR 5.93 Cr	ACUITE A- (SO )
7th Dec 22	SUBHLAKSHMI FINANCE PRIVATE LIMITED – THEO 11 2021			Instrument & Lender Details SUBHLAKSHMI FINANCE PRIVATE LIMITED – THEO 11 2021 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
	Pass Through Certificate	Long-term	INR 11.25 Cr	ACUITE BBB (SO )
7th Dec 22	SUBHLAKSHMI FINANCE PRIVATE LIMITED – KIRK 09 2021			Instrument & Lender Details SUBHLAKSHMI FINANCE PRIVATE LIMITED – KIRK 09 2021 To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 1 = I am not a robot
	Pass Through Certificate	Long-term	INR 9.97 Cr	ACUITE BBB- (SO )
7th Dec 22	AVANTEL LIMITED			Instrument & Lender Details AVANTEL 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 37 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 5.4 Cr	ACUITE BBB+ Stable
	Bank Guarantee (BLR)	Short-term	INR 13 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A2