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Date	Entity Name			Rating Action
14th Oct 22	V P ENGINEERS			Instrument & Lender Details V P ENGINEERS 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
	Term Loan	Long-term	INR 1.93 Cr	ACUITE B
	Working Capital Term Loan	Long-term	INR 0.47 Cr	ACUITE B
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 0.25 Cr	ACUITE A4
	Cash Credit	Long-term	INR 1 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 1.35 Cr	ACUITE B
13th Oct 22	LAKSHMI PIPE INDUSTRIES			Instrument & Lender Details LAKSHMI PIPE 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 + 1 = I am not a robot
	Cash Credit	Long-term	INR 4 Cr	ACUITE B
	Term Loan	Long-term	INR 0.33 Cr	ACUITE B
	Term Loan	Long-term	INR 0.39 Cr	ACUITE B
	Term Loan	Long-term	INR 0.59 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 0.09 Cr	ACUITE B
13th Oct 22	VISWAAT CHEMICALS LIMITED			Instrument & Lender Details VISWAAT CHEMICALS 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
	Letter of Credit	Short-term	INR 19 Cr	ACUITE A1
	Bank Guarantee/Letter of Guarantee	Short-term	INR 3 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 12.5 Cr	ACUITE A1
	Cash Credit	Long-term	INR 45 Cr	ACUITE A- Stable
	Letter of Credit	Short-term	INR 8.5 Cr	ACUITE A1
	Letter of Credit	Short-term	INR 24 Cr	ACUITE A1
	Term Loan	Long-term	INR 1.28 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.1 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.84 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 14.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.35 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 27 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.81 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.86 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.26 Cr	ACUITE A- Stable
13th Oct 22	SHIVALIK INDIA ALCO PRIVATE LIMITED			Instrument & Lender Details SHIVALIK INDIA ALCO 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 8 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.5 Cr	ACUITE A4
13th Oct 22	FRYSTAL PET PRIVATE LIMITED			Instrument & Lender Details FRYSTAL PET 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 9.5 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 4 Cr	ACUITE B+
	Term Loan	Long-term	INR 11.5 Cr	ACUITE B+
13th Oct 22	ARWADE INFRASTRUCTURE LIMITED			Instrument & Lender Details ARWADE INFRASTRUCTURE 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 34 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 16 Cr	ACUITE A4
	Cash Credit	Long-term	INR 11 Cr	ACUITE B+
13th Oct 22	AJMERA METALS INDORE PRIVATE LIMITED			Instrument & Lender Details AJMERA METALS INDORE 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE B
	Term Loan	Long-term	INR 1.5 Cr	ACUITE B
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A4
	Term Loan	Long-term	INR 2.28 Cr	ACUITE B
	Term Loan	Long-term	INR 0.42 Cr	ACUITE B
13th Oct 22	COMPACT SPINNERS INDIA PRIVATE LIMITED			Instrument & Lender Details COMPACT SPINNERS 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 3 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.08 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.72 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.52 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.28 Cr	ACUITE B+
13th Oct 22	CHROMAPRINT INDIA PRIVATE LIMITED			Instrument & Lender Details CHROMAPRINT 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 9 + 2 = I am not a robot
	Stand By Line of Credit	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+
	Dropline Overdraft	Long-term	INR 9 Cr	ACUITE B+
13th Oct 22	BHORUKA CHARITABLE TRUST			Instrument & Lender Details BHORUKA CHARITABLE TRUST To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 8 = I am not a robot
	Term Loan	Long-term	INR 0.6 Cr	ACUITE BB-
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.5 Cr	ACUITE A4+
	Term Loan	Long-term	INR 1.49 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.83 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 1.5 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 5.08 Cr	ACUITE BB-
13th Oct 22	ANJANAMURTHY			Instrument & Lender Details ANJANAMURTHY 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
	Term Loan	Long-term	INR 5.4 Cr	ACUITE B-
	Proposed Term Loan	Long-term	INR 0.6 Cr	ACUITE B-
13th Oct 22	PEMMASANI SOLAR POWER PRIVATE LIMITED			Instrument & Lender Details PEMMASANI SOLAR POWER 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
	Term Loan	Long-term	INR 30.34 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 13.66 Cr	ACUITE BBB+ Stable
12th Oct 22	HOSHIARPUR AUTOMOBILES			Instrument & Lender Details HOSHIARPUR AUTOMOBILES 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
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 5.95 Cr	ACUITE BB-
12th Oct 22	VGN HOMES PRIVATE LIMITED			Instrument & Lender Details VGN HOMES 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 + 1 = I am not a robot
	Secured Overdraft	Long-term	INR 14 Cr	ACUITE BB
	Term Loan	Long-term	INR 31 Cr	ACUITE BB
	Term Loan	Long-term	INR 7.84 Cr	ACUITE BB
	Proposed Long Term Bank Facility	Long-term	INR 115.29 Cr	ACUITE BB
	Working Capital Term Loan	Long-term	INR 2.54 Cr	ACUITE BB
	Working Capital Term Loan	Long-term	INR 2.89 Cr	ACUITE BB
	Working Capital Term Loan	Long-term	INR 1.44 Cr	ACUITE BB
12th Oct 22	MEDICANT HOSPITAL AND RESEARCH CENTRE PRIVATE LIMITED			Instrument & Lender Details MEDICANT HOSPITAL AND RESEARCH CENTRE 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 + 2 = I am not a robot
	Working Capital Term Loan	Long-term	INR 13 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 143.91 Cr	ACUITE B+ Stable
12th Oct 22	JAMBUWALA PHARMACEUTICALS LIMITED			Instrument & Lender Details JAMBUWALA PHARMACEUTICALS 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 + 2 = I am not a robot
	Cash Credit	Long-term	INR 2 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 5.75 Cr	ACUITE B+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 2.25 Cr	ACUITE B+ Stable
12th Oct 22	UNITED TELELINKS BANGALORE LIMITED			Instrument & Lender Details UNITED TELELINKS BANGALORE 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 + 8 = I am not a robot
	Proposed Cash Credit	Long-term	INR 50 Cr	ACUITE BB+
	Proposed Short Term Bank Facility	Short-term	INR 115 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 74 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 60 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 1 Cr	ACUITE BB+
12th Oct 22	SOHAM MANNAPITLU POWER PRIVATE LIMITED			Instrument & Lender Details SOHAM MANNAPITLU POWER 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
	Term Loan	Long-term	INR 29.5 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE BBB Stable
11th Oct 22	Sanimo Polymers Private Limited			Instrument & Lender Details Sanimo Polymers 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
	Letter of Credit	Short-term	INR 0.65 Cr	ACUITE A4
	Cash Credit	Long-term	INR 15 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.01 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.81 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.26 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.27 Cr	ACUITE B+
11th Oct 22	RAVI CONSTRUCTION COMPANY			Instrument & Lender Details RAVI CONSTRUCTION COMPANY 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE B