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Date	Entity Name				Rating Action
25th Nov 22	SHREE BHOLEY ALLOYS PRIVATE LIMITED				Instrument & Lender Details SHREE BHOLEY ALLOYS 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 + 3 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 16 Cr	ACUITE A4+
	Cash Credit		Long-term	INR 25 Cr	ACUITE BB+
	Term Loan		Long-term	INR 16.86 Cr	ACUITE BB+
25th Nov 22	OLYMPIC ENGINEERS PRIVATE LIMITED				Instrument & Lender Details OLYMPIC ENGINEERS 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 + 4 = I am not a robot
	Cash Credit		Long-term	INR 2 Cr	ACUITE BB-
	Term Loan		Long-term	INR 4.55 Cr	ACUITE BB-
	Proposed Long Term Loan		Long-term	INR 1 Cr	ACUITE BB-
	Proposed Cash Credit		Long-term	INR 2 Cr	ACUITE BB-
25th Nov 22	MURTI UDYOG LIMITED				Instrument & Lender Details MURTI UDYOG 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 + 6 = I am not a robot
	Cash Credit		Long-term	INR 8 Cr	ACUITE B+
	Letter of Credit		Short-term	INR 3 Cr	ACUITE A4
25th Nov 22	MALAR TEXTILES				Instrument & Lender Details MALAR TEXTILES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 5 = I am not a robot
	Cash Credit		Long-term	INR 4.25 Cr	ACUITE B
	Term Loan		Long-term	INR 0.66 Cr	ACUITE B
	Proposed Working Capital Demand Loan		Long-term	INR 0.03 Cr	ACUITE B
	Proposed Long Term Loan		Long-term	INR 3.06 Cr	ACUITE B
25th Nov 22	MAHESH RICE MILLS				Instrument & Lender Details MAHESH RICE MILLS 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 9.5 Cr	ACUITE B+
	PC/PCFC		Short-term	INR 2.5 Cr	ACUITE A4
25th Nov 22	MAHALUXMI PROCESSING HOUSE PRIVATE LIMITED				Instrument & Lender Details MAHALUXMI PROCESSING HOUSE 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 + 5 = I am not a robot
	Cash Credit		Long-term	INR 5.5 Cr	ACUITE BB-
	Term Loan		Long-term	INR 6 Cr	ACUITE BB-
25th Nov 22	KUSHAL KARYASHALA				Instrument & Lender Details KUSHAL KARYASHALA 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
	Cash Credit		Long-term	INR 5.5 Cr	ACUITE B+
25th Nov 22	GUJARAT PICKERS INDUSTRIES LIMITED				Instrument & Lender Details GUJARAT PICKERS 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 + 2 = I am not a robot
	Cash Credit		Long-term	INR 41.5 Cr	ACUITE B+
	Cash Credit		Long-term	INR 8.5 Cr	ACUITE B+
	Bank Guarantee (BLR)		Short-term	INR 8.5 Cr	ACUITE A4
25th Nov 22	CLASSIC CORRUGATIONS PRIVATE LIMITED				Instrument & Lender Details CLASSIC CORRUGATIONS 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 6 Cr	ACUITE B+
	Term Loan		Long-term	INR 2.38 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.14 Cr	ACUITE B+
	Stand By Line of Credit		Long-term	INR 0.9 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 0.58 Cr	ACUITE B+
25th Nov 22	PINKKU TRADERS				Instrument & Lender Details PINKKU TRADERS 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
	Cash Credit		Long-term	INR 40 Cr	ACUITE BBB- Stable
25th Nov 22	BALAJI ENTERPRISES (ULHASNAGAR)				Instrument & Lender Details BALAJI ENTERPRISES (ULHASNAGAR) To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 4 = I am not a robot
	Cash Credit		Long-term	INR 25 Cr	ACUITE BBB- Stable
25th Nov 22	AJAY INDIA LIMITED				Instrument & Lender Details AJAY INDIA 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
	Cash Credit		Long-term	INR 15 Cr	ACUITE B+
	Term Loan		Long-term	INR 15 Cr	ACUITE B+
25th Nov 22	SREE RAMA CONSTRUCTIONS				Instrument & Lender Details SREE RAMA CONSTRUCTIONS 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
	Secured Overdraft		Long-term	INR 3.24 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 6.57 Cr	ACUITE A4
	Proposed Bank Guarantee		Short-term	INR 0.19 Cr	ACUITE A4
25th Nov 22	B N JEWELLERS INDIA PRIVATE LIMITED (ERSTWHILE B N JEWELLERS)				Instrument & Lender Details B N JEWELLERS INDIA PRIVATE LIMITED (ERSTWHILE B N JEWELLERS) To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 5 = I am not a robot
	Cash Credit		Long-term	INR 32.5 Cr	ACUITE BBB Positive
25th Nov 22	ELCON				Instrument & Lender Details ELCON 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 10 Cr	ACUITE B+
24th Nov 22	EXPRESS ROADWAYS PRIVATE LIMITED				Instrument & Lender Details EXPRESS ROADWAYS 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
	Term Loan		Long-term	INR 19.15 Cr	ACUITE BBB+ Stable
	Cash Credit		Long-term	INR 55 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 1.85 Cr	ACUITE BBB+ Stable
	Secured Overdraft		Long-term	INR 7 Cr	ACUITE BBB+ Stable
24th Nov 22	SWASTIKA STEEL AND ALLIED PRODUCTS PRIVATE LIMITED				Instrument & Lender Details SWASTIKA STEEL AND ALLIED PRODUCTS 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 + 2 = I am not a robot
	Bank Guarantee (BLR)		Short-term	INR 2 Cr	ACUITE A3
	Letter of Credit		Short-term	INR 15 Cr	ACUITE A3
	Cash Credit		Long-term	INR 14.25 Cr	ACUITE BBB-
	Working Capital Term Loan		Long-term	INR 2.99 Cr	ACUITE BBB-
	Proposed Long Term Bank Facility		Long-term	INR 0.76 Cr	ACUITE BBB-
24th Nov 22	GUJARAT STATE INVESTMENTS LIMITED				Instrument & Lender Details GUJARAT STATE INVESTMENTS 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
	Non-Covertible Debentures (NCD)		Long-term	INR 1000 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 2000 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)		Long-term	INR 1000 Cr	ACUITE AA
	Non-Covertible Debentures (NCD)		Long-term	INR 1000 Cr	ACUITE AA
24th Nov 22	BS MINING CORPORATION PRIVATE LIMITED				Instrument & Lender Details BS MINING CORPORATION 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 + 5 = I am not a robot
	Proposed Long Term Loan		Long-term	INR 3.6 Cr	ACUITE C
	Cash Credit		Long-term	INR 16.3 Cr	ACUITE C
	Bank Guarantee/Letter of Guarantee		Short-term	INR 3.5 Cr	ACUITE A4
	Cash Credit		Long-term	INR 1.6 Cr	ACUITE C
24th Nov 22	LAXMI PIPES LIMITED				Instrument & Lender Details LAXMI PIPES 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 + 3 = I am not a robot
	Cash Credit		Long-term	INR 21.25 Cr	ACUITE D
	Term Loan		Long-term	INR 2.25 Cr	ACUITE D