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Date	Entity Name			Rating Action
3rd Jan 22	THAKURJI SOLVEX PRIVATE LIMITED			Instrument & Lender Details THAKURJI SOLVEX 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 + 9 = I am not a robot
	Term Loan	Long-term	INR 2.07 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.73 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 3.76 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 7.72 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 47.00 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 22.85 Cr	ACUITE BBB Stable
	Proposed Short Term Bank Facility	Short-term	INR 1.87 Cr	ACUITE A3+
3rd Jan 22	KARAN AUTOMOTIVES PRIVATE LIMITED			Instrument & Lender Details KARAN AUTOMOTIVES 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 + 2 = I am not a robot
	Secured Overdraft	Long-term	INR 2.65 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1.80 Cr	ACUITE BB-
	Term Loan	Long-term	INR 1.70 Cr	ACUITE BB-
	Term Loan	Long-term	INR 2.00 Cr	ACUITE BB-
	Working Capital Demand Loan (WCDL)	Long-term	INR 4.30 Cr	ACUITE BB-
	Inventory Funding	Long-term	INR 0.65 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 0.40 Cr	ACUITE BB-
3rd Jan 22	POWER SPINNING MILLS			Instrument & Lender Details POWER SPINNING MILLS 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 10.00 Cr	ACUITE B+
	Letter of Credit	Short-term	INR 3.00 Cr	ACUITE A4
31st Dec 21	UDAY AUTOLINK PRIVATE LIMITED			Instrument & Lender Details UDAY AUTOLINK 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
	Dropline Overdraft	Long-term	INR 13.51 Cr	ACUITE D
	Proposed Channel Financing	Long-term	INR 8.99 Cr	ACUITE D
	Channel/Dealer/Vendor Financing	Short-term	INR 6.00 Cr	ACUITE D
31st Dec 21	KARNATAKA STATE FINANCIAL CORPORATION			Instrument & Lender Details KARNATAKA STATE FINANCIAL CORPORATION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 6 = I am not a robot
	Term Loan	Long-term	INR 187.26 Cr	ACUITE AA Stable
	Term Loan	Long-term	INR 142.34 Cr	ACUITE AA Stable
	Proposed Long Term Loan	Long-term	INR 304.54 Cr	ACUITE AA Stable
	Term Loan	Long-term	INR 31.87 Cr	ACUITE AA Stable
	Term Loan	Long-term	INR 33.99 Cr	ACUITE AA Stable
31st Dec 21	SHREE RIDDHI SIDDHI BUILDWELL LIMITED			Instrument & Lender Details SHREE RIDDHI SIDDHI BUILDWELL 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 7.00 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 15.00 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 6.00 Cr	ACUITE BBB- Stable
	Secured Overdraft	Long-term	INR 1.00 Cr	ACUITE BBB- Stable
	Secured Overdraft	Long-term	INR 2.00 Cr	ACUITE BBB- Stable
	Bank Guarantee/Letter of Guarantee	Short-term	INR 13.00 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 11.00 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 10.00 Cr	ACUITE A3
31st Dec 21	DERIVIUM TRADITION SECURITIES INDIA PRIVATE LIMITED			Instrument & Lender Details DERIVIUM TRADITION SECURITIES 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 + 3 = I am not a robot
	Cash Credit	Long-term	INR 50.00 Cr	ACUITE A (CE) Stable
31st Dec 21	A K SERVICES PRIVATE LIMITED			Instrument & Lender Details A K 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 4 + 9 = I am not a robot
	Secured Overdraft	Long-term	INR 40.00 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.00 Cr	ACUITE A- Stable
	Proposed Long Term Loan	Long-term	INR 20.00 Cr	ACUITE A- Stable
31st Dec 21	SKH SHEET METALS COMPONENTS PRIVATE LIMITED			Instrument & Lender Details SKH SHEET METALS COMPONENTS 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 10.00 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 60.00 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 25.00 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 27.50 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 13.20 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 15.00 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 3.60 Cr	ACUITE BBB- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 15.00 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 12.87 Cr	ACUITE BBB- Stable
	PC/PCFC	Short-term	INR 40.00 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 21.00 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 14.00 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 16.00 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 20.00 Cr	ACUITE A3+
31st Dec 21	SHRIKISHAN AND COMPANY PRIVATE LIMITED			Instrument & Lender Details SHRIKISHAN AND COMPANY 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 20.00 Cr	ACUITE A3
	Cash Credit	Long-term	INR 3.00 Cr	ACUITE BBB- Stable
31st Dec 21	ASHIRBAD ENG AND CONSTRUCTION PRIVATE LIMITED			Instrument & Lender Details ASHIRBAD ENG AND CONSTRUCTION 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
	Cash Credit	Long-term	INR 5.00 Cr	ACUITE BBB- Stable
	Proposed Cash Credit	Long-term	INR 5.00 Cr	ACUITE BBB- Stable
	Bank Guarantee/Letter of Guarantee	Short-term	INR 20.00 Cr	ACUITE A3
	Proposed Bank Guarantee	Short-term	INR 45.00 Cr	ACUITE A3
30th Dec 21	MARKOLINES INFRA PRIVATE LIMITED (ERSTWHILE MARKOLINE INFRA PRIVATE LIMITED)			Instrument & Lender Details MARKOLINES INFRA PRIVATE LIMITED (ERSTWHILE MARKOLINE INFRA 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 BB-
	Bank Guarantee (BLR)	Short-term	INR 2.50 Cr	ACUITE A4+
30th Dec 21	OM SAIRAM STEELS AND ALLOYS PRIVATE LIMITED			Instrument & Lender Details OM SAIRAM STEELS AND 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 10.00 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 60.00 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 65.00 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 5.00 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 5.00 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 25.00 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 30.00 Cr	ACUITE A- Stable
	Letter of Credit	Short-term	INR 20.00 Cr	ACUITE A2+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 20.00 Cr	ACUITE A2+
	Proposed Short Term Bank Facility	Short-term	INR 30.00 Cr	ACUITE A2+
30th Dec 21	S.P.R.L. Foods Limited			Instrument & Lender Details S.P.R.L. Foods 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 4.38 Cr	ACUITE B+
	Secured Overdraft	Long-term	INR 18.00 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.74 Cr	ACUITE B+
	Term Loan	Long-term	INR 4.88 Cr	ACUITE B+
30th Dec 21	S.P. Sortex Rice Exports India Private Limited			Instrument & Lender Details S.P. Sortex Rice Exports 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 20.00 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.66 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 0.34 Cr	ACUITE B+
30th Dec 21	KAUTEN KRAFT			Instrument & Lender Details KAUTEN KRAFT 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 2.50 Cr	ACUITE D
	Term Loan	Long-term	INR 3.00 Cr	ACUITE D
30th Dec 21	ROYAL UNIFORCE ROOFINGS PRIVATE LIMITED			Instrument & Lender Details ROYAL UNIFORCE 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 3 + 3 = I am not a robot
	Cash Credit	Long-term	INR 10.00 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 13.00 Cr	ACUITE BBB- Stable
	Letter of Credit	Short-term	INR 2.00 Cr	ACUITE A3
30th Dec 21	BN INFRAPROJECTS LLP			Instrument & Lender Details BN INFRAPROJECTS LLP To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 3 = I am not a robot
	Cash Credit	Long-term	INR 2.00 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 5.84 Cr	ACUITE BBB Stable
	Bank Guarantee (BLR)	Short-term	INR 11.00 Cr	ACUITE A3+
	Proposed Bank Guarantee	Short-term	INR 6.16 Cr	ACUITE A3+
30th Dec 21	GNOSIS PHARMACEUTICALS PRIVATE LIMITED			Instrument & Lender Details GNOSIS PHARMACEUTICALS 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 5.68 Cr	ACUITE B+
30th Dec 21	HAMAL HYDEL LIMITED			Instrument & Lender Details HAMAL HYDEL 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
	Term Loan	Long-term	INR 12.00 Cr	ACUITE B+