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Date	Entity Name			Rating Action
24th Dec 24	MSRDC TUNNELS LIMITED			Instrument & Lender Details MSRDC TUNNELS 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 4500 Cr	ACUITE A+
24th Dec 24	BANASHANKARI CHEMICALS PRIVATE LIMITED			Instrument & Lender Details BANASHANKARI CHEMICALS 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 + 7 = I am not a robot
	Cash Credit	Long-term	INR 3.1 Cr	ACUITE B+
	Term Loan	Long-term	INR 10.3 Cr	ACUITE B+
	Working Capital Term Loan	Long-term	INR 1.75 Cr	ACUITE B+
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.25 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 4.6 Cr	ACUITE Not Applicable
24th Dec 24	BANASHANKARI INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details BANASHANKARI 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 5 + 6 = I am not a robot
	Cash Credit	Long-term	INR 3.9 Cr	ACUITE B+
	Working Capital Term Loan	Long-term	INR 0.78 Cr	ACUITE B+
	Working Capital Demand Loan (WCDL)	Long-term	INR 0.25 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 5.07 Cr	ACUITE Not Applicable
24th Dec 24	ELECTRO WAVES ELECTRONICS PRIVATE LIMITED			Instrument & Lender Details ELECTRO WAVES ELECTRONICS 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 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A4
	Term Loan	Long-term	INR 5.01 Cr	ACUITE C
	Cash Credit	Long-term	INR 8 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 1.99 Cr	ACUITE C
24th Dec 24	AJIT AGRO INDUSTRIES			Instrument & Lender Details AJIT AGRO INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 8 + 6 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE B
24th Dec 24	AVON CONTAINERS PRIVATE LIMITED			Instrument & Lender Details AVON CONTAINERS 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 + 6 = I am not a robot
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 11 Cr	ACUITE B
	Term Loan	Long-term	INR 0.17 Cr	ACUITE B
	Term Loan	Long-term	INR 5.94 Cr	ACUITE B
	Term Loan	Long-term	INR 8.35 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 5.04 Cr	ACUITE B
24th Dec 24	DEVI AUTO COMPONENTS			Instrument & Lender Details DEVI AUTO COMPONENTS 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
	Term Loan	Long-term	INR 6.38 Cr	ACUITE B
	Proposed Long Term Loan	Long-term	INR 9.62 Cr	ACUITE B
24th Dec 24	DIAMOND ENGINEERING CHENNAI PRIVATE LIMITED			Instrument & Lender Details DIAMOND ENGINEERING CHENNAI 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 + 8 = I am not a robot
	Bills Discounting	Short-term	INR 35 Cr	ACUITE D
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE D
	Cash Credit	Long-term	INR 40.79 Cr	ACUITE D
	Working Capital Demand Loan (WCDL)	Long-term	INR 126.44 Cr	ACUITE D
	Term Loan	Long-term	INR 15.17 Cr	ACUITE D
	Term Loan	Long-term	INR 15 Cr	ACUITE D
	Cash Credit	Long-term	INR 4.94 Cr	ACUITE D
	Term Loan	Long-term	INR 9.45 Cr	ACUITE D
	Working Capital Demand Loan (WCDL)	Long-term	INR 15.06 Cr	ACUITE D
	Term Loan	Long-term	INR 3.74 Cr	ACUITE D
	Term Loan	Long-term	INR 9.35 Cr	ACUITE D
24th Dec 24	DIGNUS INFRA PRIVATE LIMITED			Instrument & Lender Details DIGNUS 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 + 7 = I am not a robot
	Term Loan	Long-term	INR 3.87 Cr	ACUITE B-
	Cash Credit	Long-term	INR 2.5 Cr	ACUITE B-
24th Dec 24	GHAZIABAD MECHFEB PRIVATE LIMITED			Instrument & Lender Details GHAZIABAD MECHFEB 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 7 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5.5 Cr	ACUITE B
24th Dec 24	HIMGIRI PACKS PRIVATE LIMITED			Instrument & Lender Details HIMGIRI PACKS 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 5.16 Cr	ACUITE B
	Cash Credit	Long-term	INR 3.75 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 0.09 Cr	ACUITE B
24th Dec 24	INDIAN GEM AND JEWELLERY IMPERIAL PRIVATE LIMITED			Instrument & Lender Details INDIAN GEM AND JEWELLERY IMPERIAL 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 13 Cr	ACUITE D
	Cash Credit	Long-term	INR 22 Cr	ACUITE D
24th Dec 24	J S DESIGNER LIMITED			Instrument & Lender Details J S DESIGNER 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
	Letter of Credit	Short-term	INR 10 Cr	ACUITE D
	Term Loan	Long-term	INR 2.38 Cr	ACUITE D
	PC/PCFC	Long-term	INR 85 Cr	ACUITE D
	Bills Discounting	Long-term	INR 15 Cr	ACUITE D
24th Dec 24	KALPIN ELECTRONIX PRIVATE LIMITED			Instrument & Lender Details KALPIN ELECTRONIX 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 4.4 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 1.6 Cr	ACUITE B
24th Dec 24	PEARL DISTILLERY LIMITED			Instrument & Lender Details PEARL DISTILLERY 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 + 8 = I am not a robot
	Working Capital Term Loan	Long-term	INR 80 Cr	ACUITE BB
	Term Loan	Long-term	INR 120 Cr	ACUITE BB
24th Dec 24	PMA CONSTRUCTION COMPANY			Instrument & Lender Details PMA CONSTRUCTION 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 1.5 Cr	ACUITE A4
	Proposed Bank Guarantee	Short-term	INR 2.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 1 Cr	ACUITE B
	Proposed Term Loan	Long-term	INR 1 Cr	ACUITE B
24th Dec 24	RAM CHANDER AND SONS			Instrument & Lender Details RAM CHANDER AND SONS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.7 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.35 Cr	ACUITE B
24th Dec 24	REGAL PRIDE TRADING AND COMMERCIAL PRIVATE LIMITED			Instrument & Lender Details REGAL PRIDE TRADING AND COMMERCIAL 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 + 8 = I am not a robot
	Dropline Overdraft	Long-term	INR 21 Cr	ACUITE D
24th Dec 24	SHIV SHAKTI SILVER			Instrument & Lender Details SHIV SHAKTI SILVER 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
	Cash Credit	Long-term	INR 7 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 5 Cr	ACUITE D
24th Dec 24	SHREE GARODI STEELS			Instrument & Lender Details SHREE GARODI STEELS 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
	Secured Overdraft	Long-term	INR 11 Cr	ACUITE B+