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Date	Entity Name			Rating Action
26th Nov 21	UTKARSH INDIA LIMITED			Instrument & Lender Details UTKARSH 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 8 + 3 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 72.50 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 87.50 Cr	ACUITE A2+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 15.00 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 17.50 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 15.00 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 30.00 Cr	ACUITE A2+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 10.00 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 10.00 Cr	ACUITE A2+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 20.00 Cr	ACUITE A2+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 15.00 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 15.00 Cr	ACUITE A2+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 5.00 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 10.00 Cr	ACUITE A2+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 12.50 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 15.00 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 33.00 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 95.00 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 16.25 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 2.50 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 2.39 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 35.00 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 0.50 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 4.50 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 1.84 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10.00 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 44.50 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 4.84 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 8.72 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.65 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.79 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.57 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.89 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 18.74 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 3.74 Cr	ACUITE A- Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 1.28 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 3.84 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.60 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 0.98 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.75 Cr	ACUITE A- Stable
26th Nov 21	KALINGA COMMERCIAL CORPORATION LIMITED			Instrument & Lender Details KALINGA COMMERCIAL CORPORATION 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 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 39.00 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 26.00 Cr	ACUITE A2
	Cash Credit	Long-term	INR 39.00 Cr	ACUITE BBB+ Stable
	Working Capital Term Loan	Long-term	INR 7.30 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 9.36 Cr	ACUITE BBB+ Stable
	Cash Credit	Long-term	INR 26.00 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 21.42 Cr	ACUITE BBB+ Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 1.92 Cr	ACUITE BBB+ Stable
26th Nov 21	Shri Ram Finance Corporation Private Limited – Kashton 09 2021			Instrument & Lender Details Shri Ram Finance Corporation Private Limited – Kashton 09 2021 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
	Pass Through Certificate	Long-term	INR 32.06 Cr	ACUITE A- (SO )
26th Nov 21	INDIAN RESINS AND POLYMERS			Instrument & Lender Details INDIAN RESINS AND POLYMERS 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
	Proposed Short Term Bank Facility	Short-term	INR 24.00 Cr	ACUITE A4
	Cash Credit	Long-term	INR 16.00 Cr	ACUITE B+
	Secured Overdraft	Long-term	INR 19.00 Cr	ACUITE B+
26th Nov 21	SRI AMMAN SIZING AND WEAVING MILLS			Instrument & Lender Details SRI AMMAN SIZING AND WEAVING MILLS 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 11.00 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 1.30 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 11.63 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 1.49 Cr	ACUITE B+ Stable
	Term Loan	Long-term	INR 2.90 Cr	ACUITE B+ Stable
	Proposed Bank Guarantee	Long-term	INR 2.88 Cr	ACUITE B+ Stable
26th Nov 21	FUTURE BRANDS LIMITED			Instrument & Lender Details FUTURE BRANDS 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
	Term Loan	Long-term	INR 112.50 Cr	ACUITE B+
	Term Loan	Long-term	INR 256.75 Cr	ACUITE B+
	Term Loan	Long-term	INR 100.00 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 337.00 Cr	ACUITE B+
26th Nov 21	URBAN MASS TRANSIT COMPANY LIMITED			Instrument & Lender Details URBAN MASS TRANSIT COMPANY 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
	Proposed Short Term Bank Facility	Short-term	INR 4.00 Cr	ACUITE A4+
	Proposed Long Term Bank Facility	Long-term	INR 1.00 Cr	ACUITE BB- Stable
26th Nov 21	TOURISM FINANCE CORPORATION OF INDIA LIMITED			Instrument & Lender Details TOURISM FINANCE CORPORATION OF 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 8 + 8 = I am not a robot
	Proposed Non Convertible Debentures	Long-term	INR 250.00 Cr	ACUITE Provisional AA Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 159.74 Cr	ACUITE AA- Negative
	Proposed Long Term Bank Facility	Long-term	INR 200.00 Cr	ACUITE AA- Negative
	Proposed Principal Protected Market Linked Debentures	Long-term	INR 75.00 Cr	ACUITE PP-MLD AA- Negative
26th Nov 21	STAR GLOBAL MULTI VENTURES PRIVATE LIMITED			Instrument & Lender Details STAR GLOBAL MULTI VENTURES 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
	Warehouse Receipt Financing	Long-term	INR 37.50 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 62.50 Cr	ACUITE B+
26th Nov 21	RAM MEENAKSHI FIRM			Instrument & Lender Details RAM MEENAKSHI FIRM 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 10.00 Cr	ACUITE B+
26th Nov 21	SHRI RAM FINANCE CORPORATION PRIVATE LIMITED			Instrument & Lender Details SHRI RAM FINANCE 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 8 + 4 = I am not a robot
	Pass Through Certificate	Long-term	INR 6.96 Cr	ACUITE A (SO )
25th Nov 21	WAZIR SINGH YARNS PRIVATE LIMITED			Instrument & Lender Details WAZIR SINGH YARNS 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 + 7 = I am not a robot
	Term Loan	Long-term	INR 3.19 Cr	ACUITE D
	Cash Credit	Long-term	INR 7.00 Cr	ACUITE D
	Cash Credit	Long-term	INR 4.50 Cr	ACUITE D
25th Nov 21	SREE ASHAPURA SAW MILL			Instrument & Lender Details SREE ASHAPURA SAW MILL 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 6.50 Cr	ACUITE A4
	Proposed Letter of Credit	Short-term	INR 3.00 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.50 Cr	ACUITE B
25th Nov 21	S SRINIVASAN			Instrument & Lender Details S SRINIVASAN 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
	Cash Credit	Long-term	INR 2.40 Cr	ACUITE B
25th Nov 21	NANDI POWERTRONICS PRIVATE LIMITED			Instrument & Lender Details NANDI POWERTRONICS 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 4.00 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 1.70 Cr	ACUITE B+
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.10 Cr	ACUITE A4
25th Nov 21	SURESHCHAND RAMESHCHAND			Instrument & Lender Details SURESHCHAND RAMESHCHAND 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
	Proposed Long Term Bank Facility	Long-term	INR 0.10 Cr	ACUITE B+
	Cash Credit	Long-term	INR 4.50 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.40 Cr	ACUITE B+
25th Nov 21	MAINTEC TECHNOLOGIES PRIVATE LIMITED			Instrument & Lender Details MAINTEC TECHNOLOGIES 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 0.75 Cr	ACUITE B
	Cash Credit	Long-term	INR 2.00 Cr	ACUITE B
	Bills Discounting	Short-term	INR 2.75 Cr	ACUITE A4
25th Nov 21	OJAS TRADELEASE AND MALL MANAGEMENT PRIVATE LIMITED (erstwhile OJAS MALL MANAGEMENT PRIVATE LIMITED)			Instrument & Lender Details OJAS TRADELEASE AND MALL MANAGEMENT PRIVATE LIMITED (erstwhile OJAS MALL MANAGEMENT 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 31.54 Cr	ACUITE B+
	Term Loan	Long-term	INR 60.52 Cr	ACUITE B+
25th Nov 21	BHAGWATI RICE MILLS			Instrument & Lender Details BHAGWATI 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 8 + 2 = I am not a robot
	Cash Credit	Long-term	INR 31.50 Cr	ACUITE D
	Term Loan	Long-term	INR 2.38 Cr	ACUITE D
	Proposed Working Capital Demand Loan	Long-term	INR 0.80 Cr	ACUITE D
25th Nov 21	SKYHIGH INFRALAND PRIVATE LIMITED			Instrument & Lender Details SKYHIGH INFRALAND 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
	Term Loan	Long-term	INR 18.00 Cr	ACUITE D