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Date	Entity Name			Rating Action
16th Dec 24	GVR INFRA CONSTRUCTIONS INDIA PRIVATE LIMITED			Instrument & Lender Details GVR INFRA CONSTRUCTIONS 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 6 + 5 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 32 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 15 Cr	ACUITE A4
	Cash Credit	Long-term	INR 28 Cr	ACUITE B+
16th Dec 24	PRINCE LAMINATES			Instrument & Lender Details PRINCE LAMINATES 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 0.85 Cr	ACUITE B-
16th Dec 24	RATTANINDIA POWER LIMITED			Instrument & Lender Details RATTANINDIA POWER 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 + 2 = I am not a robot
	Non-Covertible Debentures (NCD)	Long-term	INR 375 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 240 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 410 Cr	ACUITE Not Applicable
16th Dec 24	TIRUPUR TEXTILES PRIVATE LIMITED			Instrument & Lender Details TIRUPUR TEXTILES 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 + 9 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 11.35 Cr	ACUITE Not Applicable
	Covid Emergency Line.	Long-term	INR 8.65 Cr	ACUITE C
	Cash Credit	Long-term	INR 23 Cr	ACUITE C
	Term Loan	Long-term	INR 20 Cr	ACUITE C
	Term Loan	Long-term	INR 2 Cr	ACUITE C
	Term Loan	Long-term	INR 11 Cr	ACUITE C
16th Dec 24	HEALTH SECURE (INDIA ) PRIVATE LIMITED			Instrument & Lender Details HEALTH SECURE (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 8 + 2 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE D
	Working Capital Term Loan	Long-term	INR 12 Cr	ACUITE D
	Cash Credit	Long-term	INR 2 Cr	ACUITE D
16th Dec 24	RELIANCE ELEKTRIK WORKS			Instrument & Lender Details RELIANCE ELEKTRIK WORKS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 25 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 8 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 12 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BBB- Stable
16th Dec 24	Anik Financial Services Private Limited			Instrument & Lender Details Anik Financial Services 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 + 9 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 5 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 5 Cr	ACUITE BB Stable
16th Dec 24	IDEAL DETONATORS PRIVATE LIMITED			Instrument & Lender Details IDEAL DETONATORS 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 + 3 = I am not a robot
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 9 Cr	ACUITE A1
	Proposed Short Term Bank Facility	Short-term	INR 5 Cr	ACUITE A1
	Cash Credit	Long-term	INR 10 Cr	ACUITE A Stable
13th Dec 24	Magnum Ventures Limited			Instrument & Lender Details Magnum Ventures 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
	Proposed Non Convertible Debentures	Long-term	INR 30 Cr	ACUITE BB Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 150 Cr	ACUITE BB Stable
13th Dec 24	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 + 5 = I am not a robot
	Cash Credit	Long-term	INR 6 Cr	ACUITE A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.93 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.4 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 15 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 12.19 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.87 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.31 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.59 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.16 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.06 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2.56 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 16 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 26.1 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 7 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 2.5 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 4 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.05 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 16.4 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.68 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 77.74 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 50 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 28.12 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.43 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14.33 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.94 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 19.55 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 2 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 7.07 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.2 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15.79 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 11.29 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10.37 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 13.26 Cr	ACUITE A- Stable
	Secured Overdraft	Long-term	INR 3 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 30 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 48.13 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20.83 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 23.25 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 22.36 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 17.93 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 22.61 Cr	ACUITE A- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 15 Cr	ACUITE A- Stable
	Proposed Non Convertible Debentures	Long-term	INR 60 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 10 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 20 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 15 Cr	ACUITE A- Stable
13th Dec 24	SAI RADHA PHARMA INDIA PRIVATE LIMITED			Instrument & Lender Details SAI RADHA PHARMA 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 26.5 Cr	ACUITE BB
	Term Loan	Long-term	INR 1.69 Cr	ACUITE BB
	Term Loan	Long-term	INR 2.84 Cr	ACUITE BB
	Term Loan	Long-term	INR 3.5 Cr	ACUITE BB
	Term Loan	Long-term	INR 1.65 Cr	ACUITE BB
	Proposed Long Term Bank Facility	Long-term	INR 4.27 Cr	ACUITE BB
	Term Loan	Long-term	INR 0.38 Cr	ACUITE BB
13th Dec 24	MOREWELL TUBES PRIVATE LIMITED			Instrument & Lender Details MOREWELL TUBES 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
	Proposed Cash Credit	Long-term	INR 1.9 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 14 Cr	ACUITE BB-
	Term Loan	Long-term	INR 2.17 Cr	ACUITE BB-
	Term Loan	Long-term	INR 2.91 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 1 Cr	ACUITE BB-
	Covid Emergency Line.	Long-term	INR 5.02 Cr	ACUITE BB-
13th Dec 24	PONMURUGAN DHALL MILLS			Instrument & Lender Details PONMURUGAN DHALL MILLS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 7 + 4 = I am not a robot
	Proposed Bank Guarantee	Short-term	INR 0.03 Cr	ACUITE A4
	Cash Credit	Long-term	INR 9.9 Cr	ACUITE B
13th Dec 24	RITESH JEWELLERS			Instrument & Lender Details RITESH JEWELLERS 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
	Bank Guarantee (BLR)	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
13th Dec 24	SRI LAKSHMI MEDICAL CENTRE & HOSPITAL			Instrument & Lender Details SRI LAKSHMI MEDICAL CENTRE & HOSPITAL 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
	Term Loan	Long-term	INR 7.23 Cr	ACUITE B
13th Dec 24	V & V PHARMA INDUSTRIES			Instrument & Lender Details V & V PHARMA 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 2.5 Cr	ACUITE D
	Term Loan	Long-term	INR 6.18 Cr	ACUITE D
	Derivative Exposure	Long-term	INR 0.14 Cr	ACUITE D
13th Dec 24	VASUNDHARA COTTON MILLS PRIVATE LIMITED			Instrument & Lender Details VASUNDHARA COTTON MILLS 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
	Cash Credit	Long-term	INR 13 Cr	ACUITE B+
	Term Loan	Long-term	INR 8.75 Cr	ACUITE B+
	Stand By Line of Credit	Long-term	INR 1.95 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.41 Cr	ACUITE B+
13th Dec 24	VPC AND CO			Instrument & Lender Details VPC AND CO To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 3 = I am not a robot
	Letter of Credit	Short-term	INR 5.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 3 Cr	ACUITE B-
	Term Loan	Long-term	INR 0.06 Cr	ACUITE B-
13th Dec 24	WELDFAST ELECTRODES PRIVATE LIMITED			Instrument & Lender Details WELDFAST ELECTRODES 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB-
13th Dec 24	SS MULTI SERVICES			Instrument & Lender Details SS MULTI SERVICES 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 (BLR)	Short-term	INR 6.85 Cr	ACUITE A4
	Proposed Bank Guarantee	Short-term	INR 4.5 Cr	ACUITE A4