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Date	Entity Name				Rating Action
30th Aug 22	VFPL- ASIPL JV COMPANY				Instrument & Lender Details VFPL- ASIPL JV COMPANY 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
	Cash Credit		Long-term	INR 2.5 Cr	ACUITE A- Stable <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Bank Guarantee (BLR)		Short-term	INR 42 Cr	ACUITE A2+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Bank Guarantee (BLR)		Short-term	INR 4.1 Cr	ACUITE A2+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Cash Credit		Long-term	INR 1.25 Cr	ACUITE A- Stable <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Proposed Cash Credit		Long-term	INR 0.15 Cr	ACUITE A- Stable <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
30th Aug 22	DYNACONS SYSTEMS AND SOLUTIONS LIMITED				Instrument & Lender Details DYNACONS SYSTEMS AND SOLUTIONS 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 + 1 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 30 Cr	ACUITE A2 <img src='public/assets/frontend/images/upgraded.png' class='symbol-img table-symbol'title='Upgraded'>
	Cash Credit		Long-term	INR 20 Cr	ACUITE BBB+ Stable <img src='public/assets/frontend/images/upgraded.png' class='symbol-img table-symbol'title='Upgraded'>
	Cash Credit		Long-term	INR 15 Cr	ACUITE BBB+ Stable <img src='public/assets/frontend/images/upgraded.png' class='symbol-img table-symbol'title='Upgraded'>
29th Aug 22	KHAZANA JEWELLERY PRIVATE LIMITED				Instrument & Lender Details KHAZANA JEWELLERY 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 + 6 = I am not a robot
	Cash Credit		Short-term	INR 550 Cr	ACUITE A+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/withdrawn.png' class='symbol-img table-symbol'title='Withdrawn'>
	Cash Credit		Long-term	INR 75 Cr	ACUITE A+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/withdrawn.png' class='symbol-img table-symbol'title='Withdrawn'>
	Proposed Long Term Bank Facility		Long-term	INR 12.75 Cr	ACUITE A+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/withdrawn.png' class='symbol-img table-symbol'title='Withdrawn'>
	Cash Credit		Long-term	INR 150 Cr	ACUITE A+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/withdrawn.png' class='symbol-img table-symbol'title='Withdrawn'>
	Stand By Line of Credit		Long-term	INR 52.5 Cr	ACUITE A+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/withdrawn.png' class='symbol-img table-symbol'title='Withdrawn'>
	Cash Credit		Long-term	INR 40 Cr	ACUITE A+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/withdrawn.png' class='symbol-img table-symbol'title='Withdrawn'>
	Cash Credit		Long-term	INR 150 Cr	ACUITE A+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/withdrawn.png' class='symbol-img table-symbol'title='Withdrawn'>
	Cash Credit		Long-term	INR 40 Cr	ACUITE A+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/withdrawn.png' class='symbol-img table-symbol'title='Withdrawn'>
29th Aug 22	KALINGA CABLES AND CONDUIT COMPANY				Instrument & Lender Details KALINGA CABLES AND CONDUIT COMPANY 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
	Bank Guarantee/Letter of Guarantee		Short-term	INR 2 Cr	ACUITE A4 <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Cash Credit		Long-term	INR 5 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	APACE BUILDERS AND CONTRACTORS PRIVATE LIMITED				Instrument & Lender Details APACE BUILDERS AND CONTRACTORS 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
	Proposed Cash Credit		Long-term	INR 6 Cr	ACUITE B+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	HINDON FORGE PRIVATE LIMITED				Instrument & Lender Details HINDON FORGE 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 + 2 = I am not a robot
	Bills Discounting		Short-term	INR 7 Cr	ACUITE D <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.25 Cr	ACUITE D <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 8.08 Cr	ACUITE D <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Cash Credit		Long-term	INR 9 Cr	ACUITE D <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	IMPRESSION FURNITURE INDUSTRIES				Instrument & Lender Details IMPRESSION FURNITURE INDUSTRIES 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 6 Cr	ACUITE B+ <img src='public/assets/frontend/images/Downgraded.png' class='symbol-img table-symbol'title='Downgraded'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Bank Guarantee/Letter of Guarantee		Short-term	INR 1.5 Cr	ACUITE A4 <img src='public/assets/frontend/images/Downgraded.png' class='symbol-img table-symbol'title='Downgraded'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	MORGAN MILK AND DAIRY INDUSTRIES PRIVATE LIMITED				Instrument & Lender Details MORGAN MILK AND DAIRY INDUSTRIES 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
	Term Loan		Long-term	INR 15 Cr	ACUITE B- <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Cash Credit		Long-term	INR 3 Cr	ACUITE B- <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	ECO FUEL SYSTEMS INDIA PRIVATE LIMITED				Instrument & Lender Details ECO FUEL SYSTEMS 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 5 + 3 = I am not a robot
	Letter of Credit		Short-term	INR 10 Cr	ACUITE A4 <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Cash Credit		Long-term	INR 14.5 Cr	ACUITE B+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	NATRAJ INDUSTRIES				Instrument & Lender Details NATRAJ INDUSTRIES 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 1.37 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Cash Credit		Long-term	INR 4 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	CRESCENT BUILDERS				Instrument & Lender Details CRESCENT BUILDERS 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 10 Cr	ACUITE B+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	Innovative Microfinance For Poverty Alleviation And Community Transformation				Instrument & Lender Details Innovative Microfinance For Poverty Alleviation And Community Transformation 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
	Proposed Long Term Bank Facility		Long-term	INR 0.01 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 5 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 2 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 5 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 9.5 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 9.54 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 3.75 Cr	ACUITE B <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	DIACH CHEMICALS AND PIGMENTS PRIVATE LIMITED				Instrument & Lender Details DIACH CHEMICALS AND PIGMENTS 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 + 6 = I am not a robot
	PC/PCFC		Short-term	INR 4.5 Cr	ACUITE A4+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Bank Guarantee/Letter of Guarantee		Short-term	INR 1 Cr	ACUITE A4+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Proposed Packing Credit		Short-term	INR 7.4 Cr	ACUITE A4+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Cash Credit		Long-term	INR 1.6 Cr	ACUITE BB- <img src='public/assets/frontend/images/Downgraded.png' class='symbol-img table-symbol'title='Downgraded'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Cash Credit		Long-term	INR 20 Cr	ACUITE BB- <img src='public/assets/frontend/images/Downgraded.png' class='symbol-img table-symbol'title='Downgraded'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Letter of Credit		Short-term	INR 5.5 Cr	ACUITE A4+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	DHARA SREE GINNING AND PRESSING FACTORY				Instrument & Lender Details DHARA SREE GINNING AND PRESSING FACTORY 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 5 Cr	ACUITE B- <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 4 Cr	ACUITE B- <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	RB GHODKE INFRASTRUCTURE PRIVATE LIMITED (ERSTWHILE R B GHODKE)				Instrument & Lender Details RB GHODKE INFRASTRUCTURE PRIVATE LIMITED (ERSTWHILE R B GHODKE) 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
	Bank Guarantee/Letter of Guarantee		Short-term	INR 35 Cr	ACUITE A3+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Cash Credit		Long-term	INR 12 Cr	ACUITE BBB Negative <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Proposed Bank Guarantee		Short-term	INR 3 Cr	ACUITE A3+ <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Working Capital Term Loan		Long-term	INR 2.19 Cr	ACUITE BBB Negative <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Working Capital Demand Loan (WCDL)		Long-term	INR 0.54 Cr	ACUITE BBB Negative <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Proposed Long Term Bank Facility		Long-term	INR 0.86 Cr	ACUITE BBB Negative <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
29th Aug 22	KAIZEN AUTO				Instrument & Lender Details KAIZEN AUTO 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
	Cash Credit		Long-term	INR 5.5 Cr	ACUITE D <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 14.5 Cr	ACUITE D <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	SPECIFIC ALLOYS PRIVATE LIMITED				Instrument & Lender Details SPECIFIC 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 3 + 5 = I am not a robot
	Cash Credit		Long-term	INR 7.5 Cr	ACUITE B+ Stable <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Bills Discounting		Short-term	INR 2.5 Cr	ACUITE A4 <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
29th Aug 22	URJANKUR SHREE DATTA POWER COMPANY LIMITED				Instrument & Lender Details URJANKUR SHREE DATTA POWER 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
	Cash Credit		Long-term	INR 10 Cr	ACUITE A Stable <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
29th Aug 22	ARCHISHA EDUCATIONAL TRUST				Instrument & Lender Details ARCHISHA EDUCATIONAL TRUST 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 0.5 Cr	ACUITE BB- <img src='public/assets/frontend/images/Downgraded.png' class='symbol-img table-symbol'title='Downgraded'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Term Loan		Long-term	INR 5.5 Cr	ACUITE BB- <img src='public/assets/frontend/images/Downgraded.png' class='symbol-img table-symbol'title='Downgraded'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
	Proposed Long Term Loan		Long-term	INR 8 Cr	ACUITE BB- <img src='public/assets/frontend/images/Downgraded.png' class='symbol-img table-symbol'title='Downgraded'><img src='public/assets/frontend/images/inc.png' class='symbol-img table-symbol'title='Issuer Not Co-operating (INC)'>
29th Aug 22	PALMA GUMLA HIGHWAY PRIVATE LIMITED				Instrument & Lender Details PALMA GUMLA HIGHWAY 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 Long Term Bank Facility		Long-term	INR 2 Cr	ACUITE A- Stable <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>
	Term Loan		Long-term	INR 323.71 Cr	ACUITE A- Stable <img src='public/assets/frontend/images/reaffirmed.png' class='symbol-img table-symbol'title='Reaffirmed'>