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Date	Entity Name			Rating Action
31st Mar 22	SARAF CORPORATION INDIA PRIVATE LIMITED			Instrument & Lender Details SARAF CORPORATION 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 6 + 7 = I am not a robot
	Cash Credit	Long-term	INR 5.50 Cr	ACUITE BB Stable
	Letter of Credit	Short-term	INR 1.75 Cr	ACUITE A4+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.65 Cr	ACUITE A4+
31st Mar 22	GLOBAL SURFACES LIMITED (ERSTWHILE GLOBAL STONES PRIVATE LIMITED)			Instrument & Lender Details GLOBAL SURFACES LIMITED (ERSTWHILE GLOBAL STONES 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
	Cash Credit	Long-term	INR 2.00 Cr	ACUITE A- Stable
	Stand By Line of Credit	Long-term	INR 5.80 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6 Cr	ACUITE A- Stable
	PC/PCFC	Short-term	INR 16.00 Cr	ACUITE A2+
	Bills Discounting	Short-term	INR 32.00 Cr	ACUITE A2+
	Proposed Long Term Bank Facility	Long-term	INR 3.3 Cr	ACUITE A- Stable
	Letter of Credit	Short-term	INR 8.00 Cr	ACUITE A2+
31st Mar 22	WELCAST INDIA PRIVATE LIMITED			Instrument & Lender Details WELCAST 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 6 + 5 = I am not a robot
	PC/PCFC	Long-term	INR 10.00 Cr	ACUITE BB- Stable
	Bills Discounting	Long-term	INR 2.00 Cr	ACUITE BB- Stable
	Bills Discounting	Long-term	INR 13 Cr	ACUITE BB- Stable
	PC/PCFC	Long-term	INR 5 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 2.50 Cr	ACUITE BB- Stable
31st Mar 22	M P ENGINEERING CONSTRUCTIONS INDIA PRIVATE LIMITED			Instrument & Lender Details M P ENGINEERING CONSTRUCTIONS 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 3 + 5 = I am not a robot
	Proposed Short Term Bank Facility	Short-term	INR 39.00 Cr	ACUITE A4
	Cash Credit	Long-term	INR 10.00 Cr	ACUITE B+
	Bank Guarantee (BLR)	Short-term	INR 14.00 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 2.00 Cr	ACUITE A4
31st Mar 22	VISION DISTRIBUTION PRIVATE LIMITED			Instrument & Lender Details VISION DISTRIBUTION 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 15.00 Cr	ACUITE BBB- Stable
31st Mar 22	VENUS ALLOYS PRIVATE LIMITED			Instrument & Lender Details VENUS 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 7 + 3 = I am not a robot
	Term Loan	Long-term	INR 7.00 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 7.00 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 10.5 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 8.16 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 6.50 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 2 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 13 Cr	ACUITE BBB Stable
31st Mar 22	OMAX MINERALS PRIVATE LIMITED			Instrument & Lender Details OMAX MINERALS 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
	Cash Credit	Long-term	INR 10.00 Cr	ACUITE A Stable
31st Mar 22	VISAKHAPATNAM PORT LOGISTICS PARK LIMITED			Instrument & Lender Details VISAKHAPATNAM PORT LOGISTICS PARK 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
	Term Loan	Long-term	INR 125.00 Cr	ACUITE BB
31st Mar 22	AVINASH DEVELOPERS PRIVATE LIMITED			Instrument & Lender Details AVINASH 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 5 + 9 = I am not a robot
	Cash Credit	Long-term	INR 7.50 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 7.50 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 72.50 Cr	ACUITE BBB Stable
31st Mar 22	GLOBAL CASTINGS PRIVATE LIMITED			Instrument & Lender Details GLOBAL CASTINGS 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 1.00 Cr	ACUITE BBB Stable
	PC/PCFC	Long-term	INR 14.00 Cr	ACUITE BBB Stable
	PC/PCFC	Long-term	INR 13.00 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 4.58 Cr	ACUITE BBB Stable
	Bills Discounting	Long-term	INR 25.08 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 8.80 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE BBB Stable
	Bank Guarantee (BLR)	Short-term	INR 2.0 Cr	ACUITE A3+
	PC/PCFC	Long-term	INR 5 Cr	ACUITE BBB Stable
	Covid Emergency Line.	Long-term	INR 6 Cr	ACUITE BBB Stable
30th Mar 22	EASTMAN AUTO AND POWER LIMITED			Instrument & Lender Details EASTMAN AUTO AND POWER 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
	Cash Credit	Long-term	INR 22.00 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 20.00 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 4.00 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 6.00 Cr	ACUITE A+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 6.00 Cr	ACUITE A+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 9.00 Cr	ACUITE A+ Stable
	PC/PCFC	Short-term	INR 15.00 Cr	ACUITE A+ Stable
	PC/PCFC	Short-term	INR 5.00 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 6.36 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 2.98 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 27.74 Cr	ACUITE A+ Stable
	Term Loan	Long-term	INR 13.79 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 10.00 Cr	ACUITE A+ Stable
	Bank Guarantee (BLR)	Short-term	INR 12 Cr	ACUITE A1+
	Working Capital Demand Loan (WCDL)	Long-term	INR 9.90 Cr	ACUITE A+ Stable
	Bank Guarantee (BLR)	Short-term	INR 1.00 Cr	ACUITE A1+
	Working Capital Demand Loan (WCDL)	Long-term	INR 3.70 Cr	ACUITE A+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 10.00 Cr	ACUITE A+
	Cash Credit	Long-term	INR 25 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 25.00 Cr	ACUITE A+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.79 Cr	ACUITE A+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 38.21 Cr	ACUITE A+ Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE A+ Stable
30th Mar 22	SINGHANIA AND SONS PRIVATE LIMITED			Instrument & Lender Details SINGHANIA AND SONS 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 7.50 Cr	ACUITE BB+ Stable
	PC/PCFC	Short-term	INR 5.00 Cr	ACUITE A4+
	Proposed Long Term Bank Facility	Long-term	INR 3.25 Cr	ACUITE BB+ Stable
	Letter of Credit	Short-term	INR 2.25 Cr	ACUITE A4+
30th Mar 22	VEDIKA CREDIT CAPITAL LIMITED - ARITRA GROWTH 1			Instrument & Lender Details VEDIKA CREDIT CAPITAL LIMITED - ARITRA GROWTH 1 To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 9 = I am not a robot
	Pass Through Certificate	Long-term	INR 12.64 Cr	ACUITE Provisional A- (SO )
30th Mar 22	SHILPA ALLOYS PRIVATE LIMITED			Instrument & Lender Details SHILPA 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 6 + 1 = I am not a robot
	Cash Credit	Long-term	INR 13.00 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 0.24 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 0.38 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 1.36 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 5 Cr	ACUITE BBB- Positive
	Proposed Short Term Bank Facility	Short-term	INR 0.34 Cr	ACUITE A3
	Term Loan	Long-term	INR 1.88 Cr	ACUITE BBB- Positive
	Term Loan	Long-term	INR 1.13 Cr	ACUITE BBB- Positive
30th Mar 22	NOVA AGRITECH LIMITED			Instrument & Lender Details NOVA AGRITECH 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 + 7 = I am not a robot
	Term Loan	Long-term	INR 7.87 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 4.63 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 23.37 Cr	ACUITE BBB- Stable
30th Mar 22	NOVA AGRI SCIENCES PRIVATE LIMITED			Instrument & Lender Details NOVA AGRI SCIENCES 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 12.00 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.83 Cr	ACUITE BBB- Stable
30th Mar 22	ASIA BULK SACKS PRIVATE LIMITED			Instrument & Lender Details ASIA BULK SACKS 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 5.00 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 8.75 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.69 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.42 Cr	ACUITE BB+ Stable
	PC/PCFC	Long-term	INR 20.00 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 5.59 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 4.05 Cr	ACUITE BB+ Stable
	Letter of Credit	Short-term	INR 6.50 Cr	ACUITE A4+
30th Mar 22	LAXMI INDIA FINLEASECAP PRIVATE LIMITED			Instrument & Lender Details LAXMI INDIA FINLEASECAP 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 + 1 = I am not a robot
	Cash Credit	Long-term	INR 5.00 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.27 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.73 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.03 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.23 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.63 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.92 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.80 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.71 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.73 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.48 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.74 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.50 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.49 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.50 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.44 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.43 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.52 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.38 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.81 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.88 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.48 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20.83 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.86 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.57 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.00 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 5.00 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.00 Cr	ACUITE A- Stable
	Proposed Long Term Loan	Long-term	INR 4.09 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 4.17 Cr	ACUITE A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 5.83 Cr	ACUITE A- Stable
30th Mar 22	BALMUKUND CEMENT AND ROOFINGS PRIVATE LIMITED			Instrument & Lender Details BALMUKUND CEMENT AND ROOFINGS 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
	Cash Credit	Long-term	INR 15.00 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 10.00 Cr	ACUITE BBB+ Stable
30th Mar 22	BGR MINING AND INFRA LIMITED			Instrument & Lender Details BGR MINING AND INFRA 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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 25.00 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 50.00 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 26.50 Cr	ACUITE BBB- Stable
	Proposed Cash Credit	Long-term	INR 50.00 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)	Short-term	INR 183.50 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 310.00 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 70.00 Cr	ACUITE A3
	Proposed Bank Guarantee	Short-term	INR 185.00 Cr	ACUITE A3