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Date	Entity Name			Rating Action
21st Feb 25	DEWAS MUNICIPAL CORPORATION			Instrument & Lender Details DEWAS MUNICIPAL 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 + 4 = I am not a robot
	Term Loan	Long-term	INR 9.57 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 26.1 Cr	ACUITE C
	Term Loan	Long-term	INR 21.33 Cr	ACUITE C
20th Feb 25	BLUE PHOSPHATE LIMITED			Instrument & Lender Details BLUE PHOSPHATE 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
	Letter of Credit	Short-term	INR 20 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A2+
	Forward Contracts	Short-term	INR 0.64 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 15 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 29.36 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
20th Feb 25	TRANSWORLD FURTICHEM LIMITED (ERSTWHILE TRANSWORLD FURTICHEM PRIVATE LIMITED)			Instrument & Lender Details TRANSWORLD FURTICHEM LIMITED (ERSTWHILE TRANSWORLD FURTICHEM 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
	Letter of Credit	Short-term	INR 16 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 22 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A2+
	Proposed Short Term Bank Facility	Short-term	INR 20 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 45 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 24.96 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 12.49 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE A- Stable
	Covid Emergency Line.	Long-term	INR 4.05 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 13 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 25 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.5 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 52 Cr	ACUITE A- Stable
20th Feb 25	B. Nanji A			Instrument & Lender Details B. Nanji A 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
	Term Loan	Long-term	INR 10 Cr	ACUITE B-
20th Feb 25	BAGLA POLIFILMS LIMITED			Instrument & Lender Details BAGLA POLIFILMS 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
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1 Cr	ACUITE A4
	Term Loan	Long-term	INR 0.63 Cr	ACUITE B+
	Term Loan	Long-term	INR 8.37 Cr	ACUITE B+
	Cash Credit	Long-term	INR 9 Cr	ACUITE B+
20th Feb 25	BLB STONES PRIVATE LIMITED (ERSTWHILE NICE SANJAY ROCKS INDIA PRIVATE LIMITED)			Instrument & Lender Details BLB STONES PRIVATE LIMITED (ERSTWHILE NICE SANJAY ROCKS 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 + 1 = I am not a robot
	Cash Credit	Long-term	INR 1 Cr	ACUITE B-
	Term Loan	Long-term	INR 7.38 Cr	ACUITE B-
	Term Loan	Long-term	INR 0.6 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 3.02 Cr	ACUITE B-
20th Feb 25	DHAIRYA CONSTRUCTION			Instrument & Lender Details DHAIRYA CONSTRUCTION To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 9 = I am not a robot
	Secured Overdraft	Long-term	INR 10 Cr	ACUITE B
	Secured Overdraft	Long-term	INR 1.3 Cr	ACUITE B
	Term Loan	Long-term	INR 1.75 Cr	ACUITE B
	Secured Overdraft	Long-term	INR 0.6 Cr	ACUITE B
	Term Loan	Long-term	INR 0.32 Cr	ACUITE B
	Cash Credit	Long-term	INR 1 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 10 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 5.03 Cr	ACUITE B
20th Feb 25	EMERALD HOME DEVELOPERS PRIVATE LIMITED			Instrument & Lender Details EMERALD HOME 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 1 + 1 = I am not a robot
	Term Loan	Long-term	INR 36.1 Cr	ACUITE B-
20th Feb 25	HANDLOOM COTTAGE PRIVATE LIMITED			Instrument & Lender Details HANDLOOM COTTAGE 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
	Cash Credit	Long-term	INR 9 Cr	ACUITE B
20th Feb 25	INTEGRITY MINING CORPORATION PRIVATE LIMITED			Instrument & Lender Details INTEGRITY 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 3 + 9 = I am not a robot
	Secured Overdraft	Long-term	INR 9 Cr	ACUITE B
20th Feb 25	JB PLASTOCHEM PRIVATE LIMITED			Instrument & Lender Details JB PLASTOCHEM 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
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A4
	Bills Discounting	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 6 Cr	ACUITE B
20th Feb 25	KAVERI GINNING MILLS PRIVATE LIMITED			Instrument & Lender Details KAVERI GINNING MILLS 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
	Cash Credit	Long-term	INR 16 Cr	ACUITE B
20th Feb 25	MAHESHWAR MULTITRADE PRIVATE LIMITED			Instrument & Lender Details MAHESHWAR MULTITRADE 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 + 2 = I am not a robot
	Proposed Cash Credit	Long-term	INR 0.02 Cr	ACUITE B
	Term Loan	Long-term	INR 1.05 Cr	ACUITE B
	Cash Credit	Long-term	INR 11.8 Cr	ACUITE B
20th Feb 25	S N GOEL			Instrument & Lender Details S N GOEL To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 2 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 4 Cr	ACUITE A4
	Secured Overdraft	Long-term	INR 6 Cr	ACUITE B
20th Feb 25	THE DURGAPUR PROJECTS LIMITED			Instrument & Lender Details THE DURGAPUR PROJECTS 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
	Bank Guarantee (BLR)	Short-term	INR 94.55 Cr	ACUITE A2
	Term Loan	Long-term	INR 2366.35 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 330 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 69.42 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 284.68 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 100 Cr	ACUITE BBB+ Stable
20th Feb 25	K R ASSOCIATES			Instrument & Lender Details K R ASSOCIATES 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
	Proposed Long Term Bank Facility	Long-term	INR 3.17 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 14.96 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 4.47 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 9.4 Cr	ACUITE BB Stable
20th Feb 25	M E Energy Private Limited			Instrument & Lender Details M E Energy 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
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A2
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB+ Stable
20th Feb 25	Kilburn Engineering Limited			Instrument & Lender Details Kilburn Engineering 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 18 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 8.35 Cr	ACUITE A2
	Proposed Bank Guarantee	Short-term	INR 41.15 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 12.5 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A2
	Term Loan	Long-term	INR 53.7 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 6 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 3.99 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB+ Stable
	Proposed Cash Credit	Long-term	INR 12.31 Cr	ACUITE BBB+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 5 Cr	ACUITE BBB+ Stable
20th Feb 25	AGRA NAGAR NIGAM			Instrument & Lender Details AGRA NAGAR NIGAM 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
	Proposed Bond	Long-term	INR 50 Cr	ACUITE Provisional AA Stable
20th Feb 25	N L C India Limited			Instrument & Lender Details N L C 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 3 + 4 = I am not a robot
	Term Loan	Long-term	INR 1000 Cr	ACUITE AAA Stable