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Date	Entity Name			Rating Action
30th Jun 25	VISHVARAJ INFRASTRUCTURE PRIVATE LIMITED (ERSTWHILE VISHVARAJ INFRASTRUCTURE LIMITED)			Instrument & Lender Details VISHVARAJ INFRASTRUCTURE PRIVATE LIMITED (ERSTWHILE VISHVARAJ INFRASTRUCTURE 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 13 Cr	ACUITE BBB- Stable
	Bank Guarantee (BLR)	Short-term	INR 50 Cr	ACUITE A3
30th Jun 25	BELLSTONE HI-TECH INTERNATIONAL			Instrument & Lender Details BELLSTONE HI-TECH INTERNATIONAL 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 9.43 Cr	ACUITE B-
	Proposed Cash Credit	Long-term	INR 2.1 Cr	ACUITE B-
	Letter of Credit	Short-term	INR 0.47 Cr	ACUITE A4
30th Jun 25	GHK HOSPITALITY AND INFRASTRUCTURES LIMITED			Instrument & Lender Details GHK HOSPITALITY AND INFRASTRUCTURES 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 + 9 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 46 Cr	ACUITE C
30th Jun 25	JAI BHARAT RICE MILLS			Instrument & Lender Details JAI BHARAT 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 6 + 9 = I am not a robot
	Cash Credit	Long-term	INR 19.75 Cr	ACUITE B
	Term Loan	Long-term	INR 0.25 Cr	ACUITE B
	Warehouse Receipt Financing	Short-term	INR 5 Cr	ACUITE A4
30th Jun 25	M BABU REDDY			Instrument & Lender Details M BABU REDDY 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
	Term Loan	Long-term	INR 128.97 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 1.03 Cr	ACUITE B
30th Jun 25	SHREE R N METALS INDIA PRIVATE LIMITED			Instrument & Lender Details SHREE R N METALS 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE B
	Stand By Line of Credit	Long-term	INR 1 Cr	ACUITE B
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 4 Cr	ACUITE A4
30th Jun 25	SRI VASUDEVA SAWMILL AND WOOD WORKS			Instrument & Lender Details SRI VASUDEVA SAWMILL AND WOOD WORKS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 4 = I am not a robot
	Secured Overdraft	Long-term	INR 2 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE B
	Letter of Credit	Short-term	INR 5.5 Cr	ACUITE A4
30th Jun 25	MOTHER EARTH ENVIRON TECH PRIVATE LIMITED			Instrument & Lender Details MOTHER EARTH ENVIRON TECH 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 + 7 = I am not a robot
	Term Loan	Long-term	INR 20 Cr	ACUITE B
	Term Loan	Long-term	INR 8 Cr	ACUITE B
	Term Loan	Long-term	INR 32 Cr	ACUITE B
30th Jun 25	RAMAN EDUCATION SOCIETY			Instrument & Lender Details RAMAN EDUCATION SOCIETY To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 2 = I am not a robot
	Term Loan	Long-term	INR 2.89 Cr	ACUITE BB-
	Term Loan	Long-term	INR 26.21 Cr	ACUITE BB-
	Secured Overdraft	Long-term	INR 11.9 Cr	ACUITE BB-
	Secured Overdraft	Long-term	INR 2.6 Cr	ACUITE BB-
30th Jun 25	S AND T WELCARE EQUIPMENTS PRIVATE LIMITED.			Instrument & Lender Details S AND T WELCARE EQUIPMENTS 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 4.75 Cr	ACUITE BB-
	Bank Guarantee (BLR)	Short-term	INR 0.25 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 4.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A4+
30th Jun 25	SHIV SHANKAR RICE MILL			Instrument & Lender Details SHIV SHANKAR RICE 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 + 7 = I am not a robot
	Cash Credit	Long-term	INR 13 Cr	ACUITE D
30th Jun 25	AIMENGINEERS INDIA PRIVATE LIMITED			Instrument & Lender Details AIMENGINEERS 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 0.11 Cr	ACUITE D
	Cash Credit	Long-term	INR 7 Cr	ACUITE C
	Term Loan	Long-term	INR 3.82 Cr	ACUITE C
	Term Loan	Long-term	INR 5.65 Cr	ACUITE D
	Term Loan	Long-term	INR 0.87 Cr	ACUITE D
	Term Loan	Long-term	INR 1.66 Cr	ACUITE D
	Term Loan	Long-term	INR 1.72 Cr	ACUITE C
	Term Loan	Long-term	INR 6 Cr	ACUITE C
	Term Loan	Long-term	INR 0.11 Cr	ACUITE D
	Term Loan	Long-term	INR 2.96 Cr	ACUITE D
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A4
30th Jun 25	AGRASEN SPONGE PRIVATE LIMITED			Instrument & Lender Details AGRASEN SPONGE 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 + 4 = I am not a robot
	Covid Emergency Line.	Long-term	INR 1.44 Cr	ACUITE C
	Cash Credit	Long-term	INR 15 Cr	ACUITE D
	Covid Emergency Line.	Long-term	INR 0.75 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 1.31 Cr	ACUITE C
	Bank Guarantee (BLR)	Short-term	INR 8.5 Cr	ACUITE A4
30th Jun 25	UGRO CAPITAL LIMITED			Instrument & Lender Details UGRO CAPITAL 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
	Non-Covertible Debentures (NCD)	Long-term	INR 46 Cr	ACUITE A
	Non-Covertible Debentures (NCD)	Long-term	INR 26 Cr	ACUITE A
	Non-Covertible Debentures (NCD)	Long-term	INR 35 Cr	ACUITE A
	Non-Covertible Debentures (NCD)	Long-term	INR 49.28 Cr	ACUITE A
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE Not Applicable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE Not Applicable
	Non-Covertible Debentures (NCD)	Long-term	INR 50 Cr	ACUITE Not Applicable
	Non-Covertible Debentures (NCD)	Long-term	INR 7.8 Cr	ACUITE Not Applicable
	Non-Covertible Debentures (NCD)	Long-term	INR 44.01 Cr	ACUITE Not Applicable
	Non-Covertible Debentures (NCD)	Long-term	INR 25 Cr	ACUITE Not Applicable
	Non-Covertible Debentures (NCD)	Long-term	INR 11.55 Cr	ACUITE Not Applicable
27th Jun 25	AVI AGRI BUSINESS LIMITED			Instrument & Lender Details AVI AGRI BUSINESS 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 26 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 109 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 6.5 Cr	ACUITE BBB- Stable
	Covid Emergency Line.	Long-term	INR 1.51 Cr	ACUITE BBB- Stable
	Proposed Long Term Loan	Long-term	INR 17.99 Cr	ACUITE BBB- Stable
	Packing Credit	Short-term	INR 39 Cr	ACUITE A3
27th Jun 25	NETWORK CLOTHING COMPANY PRIVATE LIMITED			Instrument & Lender Details NETWORK CLOTHING 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 3 + 5 = I am not a robot
	Cash Credit	Long-term	INR 13 Cr	ACUITE BBB Negative
	Term Loan	Long-term	INR 6.89 Cr	ACUITE BBB Negative
	Proposed Long Term Bank Facility	Long-term	INR 27.61 Cr	ACUITE BBB Negative
	PC/PCFC	Short-term	INR 9 Cr	ACUITE A3+
	FBN/FBP/FBD/PSFC/FBE	Short-term	INR 5 Cr	ACUITE A3+
	PC/PCFC	Short-term	INR 25 Cr	ACUITE A3+
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A3+
	Post Shipment Credit	Short-term	INR 1 Cr	ACUITE A3+
27th Jun 25	STEEL HOUSE			Instrument & Lender Details STEEL HOUSE 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
	Channel/Dealer/Vendor Financing	Long-term	INR 10 Cr	ACUITE BB+
	Channel/Dealer/Vendor Financing	Long-term	INR 10 Cr	ACUITE BB+
	Channel/Dealer/Vendor Financing	Long-term	INR 1.22 Cr	ACUITE BB+
	Secured Overdraft	Long-term	INR 49 Cr	ACUITE BB+
	Bills Discounting	Long-term	INR 1.5 Cr	ACUITE BB+
	Term Loan	Long-term	INR 7.18 Cr	ACUITE BB+
27th Jun 25	NEWEN SYSTEMS PRIVATE LIMITED			Instrument & Lender Details NEWEN SYSTEMS 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 50 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 17 Cr	ACUITE BBB+ Stable
	Derivative Exposure	Long-term	INR 2 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 6 Cr	ACUITE BBB+ Stable
	Letter of Credit	Short-term	INR 25 Cr	ACUITE A2
27th Jun 25	CHEMTROLS SAMIL INDIA PRIVATE LIMITED			Instrument & Lender Details CHEMTROLS SAMIL 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 + 1 = I am not a robot
	Cash Credit	Long-term	INR 8 Cr	ACUITE B Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.5 Cr	ACUITE B Stable
	Bank Guarantee/Letter of Guarantee	Short-term	INR 6.5 Cr	ACUITE A4
26th Jun 25	STORK RUBBER PRODUCTS PRIVATE LIMITED			Instrument & Lender Details STORK RUBBER PRODUCTS 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 + 2 = I am not a robot
	Term Loan	Long-term	INR 1.86 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.2 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.06 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.52 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.09 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.34 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.76 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.12 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.21 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.65 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.87 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.07 Cr	ACUITE BBB- Stable
	PC/PCFC	Short-term	INR 5 Cr	ACUITE A3
	Bills Discounting	Short-term	INR 8 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 0.95 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 0.2 Cr	ACUITE A3
	Letter of Credit	Short-term	INR 0.3 Cr	ACUITE A3