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Date	Entity Name				Rating Action
16th Nov 21	ASHV FINANCE LIMITED				Instrument & Lender Details ASHV FINANCE 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 Long Term Bank Facility		Long-term	INR 50.00 Cr	ACUITE BBB+ Stable
	Proposed Non Convertible Debentures		Long-term	INR 100.00 Cr	ACUITE BBB+ Stable
15th Nov 21	MASK POLYMERS PRIVATE LIMITED				Instrument & Lender Details MASK POLYMERS 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
	Term Loan		Long-term	INR 1.03 Cr	ACUITE BBB- Stable
	Bills Discounting		Short-term	INR 5.00 Cr	ACUITE A3
	Inventory Funding		Short-term	INR 6.00 Cr	ACUITE A3
	Term Loan		Long-term	INR 2.30 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 0.92 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 1.11 Cr	ACUITE BBB- Stable
	Term Loan		Long-term	INR 0.89 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility		Long-term	INR 0.75 Cr	ACUITE BBB- Stable
15th Nov 21	JAI SHRIKRISHNA RICE MILL				Instrument & Lender Details JAI SHRIKRISHNA 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 5 + 5 = I am not a robot
	Term Loan		Long-term	INR 4.00 Cr	ACUITE D
	Cash Credit		Long-term	INR 7.53 Cr	ACUITE D
15th Nov 21	SABARMATI PAPERS PRIVATE LIMITED				Instrument & Lender Details SABARMATI PAPERS 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
	Letter of Credit		Short-term	INR 1.27 Cr	ACUITE A4
	Proposed Long Term Bank Facility		Long-term	INR 1.73 Cr	ACUITE B+
	Term Loan		Long-term	INR 2.97 Cr	ACUITE B+
	Term Loan		Long-term	INR 1.03 Cr	ACUITE B+
	Cash Credit		Long-term	INR 12.00 Cr	ACUITE B+
15th Nov 21	JMG AUTOMOBILES				Instrument & Lender Details JMG AUTOMOBILES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 9 = I am not a robot
	Cash Credit		Long-term	INR 6.10 Cr	ACUITE B+
15th Nov 21	KEEN AND CORE DEVELOPERS				Instrument & Lender Details KEEN AND CORE DEVELOPERS 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
	Bank Guarantee/Letter of Guarantee		Short-term	INR 6.50 Cr	ACUITE A4
	Cash Credit		Long-term	INR 6.00 Cr	ACUITE B+
15th Nov 21	PRIMO FASHIONS				Instrument & Lender Details PRIMO FASHIONS 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
	PC/PCFC		Short-term	INR 7.45 Cr	ACUITE A4
	Cash Credit		Long-term	INR 2.50 Cr	ACUITE B+
15th Nov 21	Sri Bhuvanesvari Thanga Maligai				Instrument & Lender Details Sri Bhuvanesvari Thanga Maligai To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 2 = I am not a robot
	Cash Credit		Long-term	INR 14.30 Cr	ACUITE B+
15th Nov 21	NECO HEAVY ENGINEERING AND CASTINGS LIMITED				Instrument & Lender Details NECO HEAVY ENGINEERING AND CASTINGS 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 + 6 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 2.00 Cr	ACUITE A4
	Cash Credit		Long-term	INR 12.50 Cr	ACUITE B
15th Nov 21	TNSI RETAIL PRIVATE LIMITED				Instrument & Lender Details TNSI RETAIL 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
	Bank Guarantee/Letter of Guarantee		Long-term	INR 1.50 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility		Long-term	INR 0.50 Cr	ACUITE BB Stable
15th Nov 21	D2 INTERNATIONAL PRIVATE LIMITED				Instrument & Lender Details D2 INTERNATIONAL 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
	PC/PCFC		Short-term	INR 27.60 Cr	ACUITE A2
	Bills Discounting		Short-term	INR 7.20 Cr	ACUITE A2
	Proposed Long Term Bank Facility		Long-term	INR 0.20 Cr	ACUITE BBB+ Stable
	Term Loan		Long-term	INR 4.00 Cr	ACUITE BBB+ Stable
15th Nov 21	LAKSHMI GALAXY ENTERPRISES				Instrument & Lender Details LAKSHMI GALAXY ENTERPRISES 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
	Bills Discounting		Short-term	INR 1.00 Cr	ACUITE A4
	PC/PCFC		Short-term	INR 1.50 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 0.56 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 3.80 Cr	ACUITE A4
	Cash Credit		Long-term	INR 3.50 Cr	ACUITE B+
	Term Loan		Long-term	INR 0.94 Cr	ACUITE B+
	Proposed Long Term Bank Facility		Long-term	INR 0.26 Cr	ACUITE B+
15th Nov 21	S K M INDUSTRIES				Instrument & Lender Details S K M 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 + 4 = I am not a robot
	PC/PCFC		Short-term	INR 2.00 Cr	ACUITE A4
	Post Shipment Credit		Short-term	INR 2.00 Cr	ACUITE A4
	Letter of Credit		Short-term	INR 3.00 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee		Short-term	INR 0.50 Cr	ACUITE A4
	Cash Credit		Long-term	INR 1.00 Cr	ACUITE BB- Stable
	Working Capital Term Loan		Long-term	INR 4.50 Cr	ACUITE BB- Stable
15th Nov 21	VARDHMAN JEWELLERS				Instrument & Lender Details VARDHMAN JEWELLERS 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
	Metal Loan		Long-term	INR 6.00 Cr	ACUITE B+
15th Nov 21	TRAVEL NEWS SERVICES INDIA PRIVATE LIMITED				Instrument & Lender Details TRAVEL NEWS SERVICES 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 4 + 7 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Long-term	INR 18.00 Cr	ACUITE BB Stable
15th Nov 21	PATHANJALI SILKS				Instrument & Lender Details PATHANJALI SILKS 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
	Proposed Long Term Bank Facility		Long-term	INR 3.00 Cr	ACUITE B
	Cash Credit		Long-term	INR 10.00 Cr	ACUITE B
	Term Loan		Long-term	INR 4.75 Cr	ACUITE B
	Term Loan		Long-term	INR 2.00 Cr	ACUITE B
15th Nov 21	BENCO THERMAL TECHNOLOGIES PRIVATE LIMITED				Instrument & Lender Details BENCO THERMAL 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 8 + 3 = I am not a robot
	Bank Guarantee/Letter of Guarantee		Short-term	INR 2.00 Cr	ACUITE A4
	Cash Credit		Long-term	INR 4.00 Cr	ACUITE B+
15th Nov 21	MARUTI COTTON INDUSTRIES				Instrument & Lender Details MARUTI COTTON INDUSTRIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 1 + 3 = I am not a robot
	Cash Credit		Long-term	INR 8.50 Cr	ACUITE D
	Term Loan		Long-term	INR 1.00 Cr	ACUITE D
15th Nov 21	SWASTIK INFRALOGICS PRIVATE LIMITED (ERSTWHILE SWASTIK INFRA-LOGIC INDIA PRIVATE LIMITED)				Instrument & Lender Details SWASTIK INFRALOGICS PRIVATE LIMITED (ERSTWHILE SWASTIK INFRA-LOGIC 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 7 + 5 = I am not a robot
	Bills Discounting		Short-term	INR 5.00 Cr	ACUITE A3+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 22.00 Cr	ACUITE A3+
	Bank Guarantee/Letter of Guarantee		Short-term	INR 30.00 Cr	ACUITE A3+
	Proposed Short Term Bank Facility		Short-term	INR 33.00 Cr	ACUITE A3+
	Cash Credit		Long-term	INR 14.00 Cr	ACUITE BBB Stable
	Secured Overdraft		Long-term	INR 0.90 Cr	ACUITE BBB Stable
	Cash Credit		Long-term	INR 8.00 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility		Long-term	INR 7.10 Cr	ACUITE BBB Stable
12th Nov 21	ACE NONWOVEN PRIVATE LIMITED				Instrument & Lender Details ACE NONWOVEN 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
	Proposed Short Term Bank Facility		Short-term	INR 1.00 Cr	ACUITE A4
	Bank Guarantee (BLR)		Short-term	INR 1.00 Cr	ACUITE A4
	Term Loan		Long-term	INR 8.60 Cr	ACUITE B
	Term Loan		Long-term	INR 0.75 Cr	ACUITE B
	Cash Credit		Long-term	INR 3.90 Cr	ACUITE B
	Proposed Long Term Bank Facility		Long-term	INR 0.80 Cr	ACUITE B