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Date	Entity Name			Rating Action
12th May 22	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 4 + 9 = I am not a robot
	Term Loan	Long-term	INR 50.00 Cr	ACUITE B
	PC/PCFC	Short-term	INR 150.00 Cr	ACUITE A4
	PC/PCFC	Short-term	INR 173.00 Cr	ACUITE A4
	Working Capital Demand Loan (WCDL)	Long-term	INR 100.00 Cr	ACUITE B
	Term Loan	Long-term	INR 127.50 Cr	ACUITE B
	Bank Guarantee (BLR)	Short-term	INR 450.00 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 192.00 Cr	ACUITE A4
	Proposed Long Term Bank Facility	Long-term	INR 7.5 Cr	ACUITE B
	Bank Guarantee (BLR)	Short-term	INR 100.00 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 100 Cr	ACUITE A4
12th May 22	ENCARTA PHARMA PRIVATE LIMITED			Instrument & Lender Details ENCARTA PHARMA 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 20.00 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 7.75 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 4.75 Cr	ACUITE A4
	Proposed Bank Guarantee	Short-term	INR 5.25 Cr	ACUITE A4
12th May 22	INDUS UDYOG AND INFRASTRUCTURE PRIVATE LIMITED			Instrument & Lender Details INDUS UDYOG AND 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 4 + 9 = I am not a robot
	Cash Credit	Long-term	INR 10.00 Cr	ACUITE BB+
	Proposed Ad-hoc Limits (Fund Based)	Long-term	INR 25.00 Cr	ACUITE BB+
12th May 22	UNITED POLYFAB PRIVATE LIMITED			Instrument & Lender Details UNITED POLYFAB 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 2.00 Cr	ACUITE BB-
	Term Loan	Long-term	INR 5.99 Cr	ACUITE BB-
	Bank Guarantee (BLR)	Short-term	INR 0.50 Cr	ACUITE A4
	Proposed Long Term Bank Facility	Long-term	INR 1.51 Cr	ACUITE BB-
	Term Loan	Long-term	INR 10 Cr	ACUITE BB-
12th May 22	PAL ENTERPRISES			Instrument & Lender Details PAL ENTERPRISES 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
	PC/PCFC	Short-term	INR 7.00 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 5.00 Cr	ACUITE A4
	Post Shipment Credit	Short-term	INR 3.50 Cr	ACUITE A4
12th May 22	PHILS HEAVY ENGINEERING PRIVATE LIMITED			Instrument & Lender Details PHILS HEAVY ENGINEERING 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
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.30 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 1.49 Cr	ACUITE BBB Stable
	Bank Guarantee (BLR)	Short-term	INR 23.80 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 34.00 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 20.00 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 20.60 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 6.00 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 18.81 Cr	ACUITE BBB Stable
12th May 22	MANGALAM PIPES PRIVATE LIMITED			Instrument & Lender Details MANGALAM PIPES 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 19.50 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 4.70 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.80 Cr	ACUITE BBB- Stable
12th May 22	ILLUMINATI BUILDING SOLUTIONS PRIVATE LIMITED			Instrument & Lender Details ILLUMINATI BUILDING SOLUTIONS 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 + 5 = I am not a robot
	Term Loan	Long-term	INR 10.00 Cr	ACUITE D
	Cash Credit	Long-term	INR 2.00 Cr	ACUITE D
12th May 22	VIJAY BUILDERS AND CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details VIJAY BUILDERS AND CONSTRUCTIONS 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 + 8 = I am not a robot
	Secured Overdraft	Long-term	INR 3.00 Cr	ACUITE BB Stable
	Bank Guarantee/Letter of Guarantee	Long-term	INR 12.00 Cr	ACUITE BB Stable
12th May 22	VINOD FABRICS PRIVATE LIMITED			Instrument & Lender Details VINOD FABRICS 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 2.00 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.40 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.49 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.03 Cr	ACUITE BB-
	Term Loan	Long-term	INR 0.85 Cr	ACUITE BB-
	Term Loan	Long-term	INR 4.98 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 41.00 Cr	ACUITE BB-
	Bank Guarantee (BLR)	Short-term	INR 0.25 Cr	ACUITE A4
12th May 22	SSS HITECH CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details SSS HITECH CONSTRUCTIONS 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 8.00 Cr	ACUITE BBB- Stable
	Proposed Cash Credit	Long-term	INR 4.00 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)	Short-term	INR 19.00 Cr	ACUITE A3
	Proposed Bank Guarantee	Short-term	INR 6.00 Cr	ACUITE A3
	Proposed Short Term Bank Facility	Short-term	INR 0.77 Cr	ACUITE A3
12th May 22	UNITED TECHFAB PRIVATE LIMITED			Instrument & Lender Details UNITED TECHFAB 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
	Bank Guarantee (BLR)	Short-term	INR 1.00 Cr	ACUITE A4
	Cash Credit	Long-term	INR 2.00 Cr	ACUITE BB-
	Term Loan	Long-term	INR 23.63 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 1.72 Cr	ACUITE BB-
12th May 22	SHRI OM RICE MILLS			Instrument & Lender Details SHRI OM 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 3 + 6 = I am not a robot
	Term Loan	Long-term	INR 1.50 Cr	ACUITE B
	Cash Credit	Long-term	INR 4.50 Cr	ACUITE B
12th May 22	LIGARE VOYAGES LIMITED			Instrument & Lender Details LIGARE VOYAGES 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
	Stand By Line of Credit	Short-term	INR 300.00 Cr	ACUITE A4
12th May 22	SWATHI HATCHERIES			Instrument & Lender Details SWATHI HATCHERIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 4 = I am not a robot
	Proposed Long Term Loan	Long-term	INR 23.00 Cr	ACUITE B+
11th May 22	SATYABHAMADEVI BULCHAND MEMORIAL HOSPITAL PRIVATE LIMITED			Instrument & Lender Details SATYABHAMADEVI BULCHAND MEMORIAL HOSPITAL 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
	Term Loan	Long-term	INR 7.20 Cr	ACUITE B
11th May 22	HONER DEVELOPERS PRIVATE LIMITED			Instrument & Lender Details HONER DEVELOPERS 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 + 4 = I am not a robot
	Term Loan	Long-term	INR 75.00 Cr	ACUITE BB+
	Proposed Long Term Loan	Long-term	INR 75.00 Cr	ACUITE BB+
11th May 22	PHENIX SPINNING PRIVATE LIMITED			Instrument & Lender Details PHENIX SPINNING 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 + 3 = I am not a robot
	Cash Credit	Long-term	INR 7.00 Cr	ACUITE BB
	Term Loan	Long-term	INR 16.65 Cr	ACUITE BB
	Proposed Long Term Bank Facility	Long-term	INR 5.80 Cr	ACUITE BB
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.55 Cr	ACUITE A4+
11th May 22	VINOD DENIM LIMITED			Instrument & Lender Details VINOD DENIM 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 15.00 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1.89 Cr	ACUITE BB-
	Term Loan	Long-term	INR 4.03 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1.23 Cr	ACUITE BB-
	Term Loan	Long-term	INR 9.31 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 1.06 Cr	ACUITE BB-
	Bank Guarantee (BLR)	Short-term	INR 0.50 Cr	ACUITE A4
11th May 22	CARGO MOTORS KUTCH PRIVATE LIMITED			Instrument & Lender Details CARGO MOTORS KUTCH 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 + 3 = I am not a robot
	Cash Credit	Long-term	INR 42.50 Cr	ACUITE BB Stable