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Date	Entity Name			Rating Action
13th Dec 24	ETHOS POWER PRIVATE LIMITED			Instrument & Lender Details ETHOS POWER 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
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 18 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 17 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 8 Cr	ACUITE A3
	Secured Overdraft	Long-term	INR 9 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 2 Cr	ACUITE BBB- Stable
13th Dec 24	ARJUN ENTERPRISES PRIVATE LIMITED			Instrument & Lender Details ARJUN ENTERPRISES 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 + 4 = I am not a robot
	Letter of Credit	Short-term	INR 5.5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 9 Cr	ACUITE A4+
	Proposed Letter of Credit	Short-term	INR 3.5 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB Stable
13th Dec 24	ARTHAN FINANCE PRIVATE LIMITED			Instrument & Lender Details ARTHAN FINANCE 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE BB+ Negative
	Term Loan	Long-term	INR 0.31 Cr	ACUITE BB+ Negative
	Proposed Term Loan	Long-term	INR 18.78 Cr	ACUITE BB+ Negative
	Proposed Non Convertible Debentures	Long-term	INR 5 Cr	ACUITE BB+ Negative
	Non-Covertible Debentures (NCD)	Long-term	INR 7.5 Cr	ACUITE BB+ Negative
	Non-Covertible Debentures (NCD)	Long-term	INR 7.5 Cr	ACUITE BB+ Negative
	Term Loan	Long-term	INR 0.41 Cr	ACUITE BB+ Negative
	Proposed Non Convertible Debentures	Long-term	INR 5 Cr	ACUITE BB+ Negative
	Non-Covertible Debentures (NCD)	Long-term	INR 7.5 Cr	ACUITE BB+ Negative
	Non-Covertible Debentures (NCD)	Long-term	INR 7.5 Cr	ACUITE BB+ Negative
13th Dec 24	SEQUEL ALLOYS & WIRES PRIVATE LIMITED			Instrument & Lender Details SEQUEL ALLOYS & WIRES 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
	Bills Discounting	Short-term	INR 5.5 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 0.25 Cr	ACUITE A4
	Cash Credit	Long-term	INR 1.5 Cr	ACUITE B
	PC/PCFC	Long-term	INR 3 Cr	ACUITE B Stable
	Term Loan	Long-term	INR 0.06 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 4.69 Cr	ACUITE B
12th Dec 24	ZENITH LEISURE HOLIDAYS LIMITED			Instrument & Lender Details ZENITH LEISURE HOLIDAYS 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 + 9 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 3.4 Cr	ACUITE BB+
	Secured Overdraft	Long-term	INR 8 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB+
12th Dec 24	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 4 + 6 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 30 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 20 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 15 Cr	ACUITE A- Stable
12th Dec 24	INDIA INTERNATIONAL CONVENTION AND EXHIBITION CENTRE LIMITED			Instrument & Lender Details INDIA INTERNATIONAL CONVENTION AND EXHIBITION CENTRE 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
	Term Loan	Long-term	INR 2150.16 Cr	ACUITE AA+ Stable
12th Dec 24	ACER INDIA PRIVATE LIMITED			Instrument & Lender Details ACER 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 + 9 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 20 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 30 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 70 Cr	ACUITE A1
	Bank Guarantee (BLR)	Short-term	INR 50 Cr	ACUITE A1
	Bank Guarantee (BLR)	Long-term	INR 85 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 50 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 25 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 176.4 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 25 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 30 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 20 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 95 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 180 Cr	ACUITE A- Stable
	Bank Guarantee (BLR)	Long-term	INR 150 Cr	ACUITE A- Stable
12th Dec 24	SIDHARTH FOUNDATIONS AND HOUSING LIMITED			Instrument & Lender Details SIDHARTH FOUNDATIONS AND HOUSING 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 + 4 = I am not a robot
	Term Loan	Long-term	INR 9.28 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.5 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 5.25 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 66 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.97 Cr	ACUITE BB+ Stable
12th Dec 24	BRD CAR WORLD LIMITED			Instrument & Lender Details BRD CAR WORLD 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 25.5 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 4 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 8 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 9.5 Cr	ACUITE BBB- Stable
12th Dec 24	Wegrow Financial Services Private Limited			Instrument & Lender Details Wegrow 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 2 + 4 = I am not a robot
	Term Loan	Long-term	INR 1.32 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2.78 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 3.03 Cr	ACUITE BB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 7.07 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.3 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 4.04 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 4.95 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 3.51 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BB+ Stable
12th Dec 24	KAILASH DEVBUILD INDIA PRIVATE LIMITED			Instrument & Lender Details KAILASH DEVBUILD 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 + 4 = I am not a robot
	Cash Credit	Long-term	INR 8 Cr	ACUITE C
	Cash Credit	Long-term	INR 6 Cr	ACUITE C
	Letter of Credit	Long-term	INR 1 Cr	ACUITE C
	Letter of Credit	Long-term	INR 8 Cr	ACUITE C
	Bank Guarantee (BLR)	Long-term	INR 19 Cr	ACUITE C
	Bank Guarantee (BLR)	Long-term	INR 22 Cr	ACUITE C
	Covid Emergency Line.	Long-term	INR 1.2 Cr	ACUITE C
	Covid Emergency Line.	Long-term	INR 0.95 Cr	ACUITE C
	Covid Emergency Line.	Long-term	INR 0.77 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 0.08 Cr	ACUITE Not Applicable
11th Dec 24	GHANSHYAM DAS RUNGTA FOUNDATION			Instrument & Lender Details GHANSHYAM DAS RUNGTA FOUNDATION 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
	Proposed Long Term Bank Facility	Long-term	INR 33 Cr	ACUITE Not Applicable
11th Dec 24	DIGHA SEA FOOD EXPORTS PRIVATE LIMITED			Instrument & Lender Details DIGHA SEA FOOD EXPORTS 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 0.35 Cr	ACUITE A4+
	PC/PCFC	Short-term	INR 10 Cr	ACUITE A4+
	FBN/FBP/FBD/PSFC/FBE	Short-term	INR 10 Cr	ACUITE A4+
11th Dec 24	RORS FINANCE PRIVATE LIMITED			Instrument & Lender Details RORS FINANCE 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 + 8 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 14.25 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.91 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.76 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.26 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.39 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.36 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.29 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2.29 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.23 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2.47 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.63 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 7.88 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.12 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.5 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.96 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.54 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.32 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.66 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 0.85 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.24 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.5 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.75 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 1.13 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 2.71 Cr	ACUITE BB+ Stable
11th Dec 24	RANBA CASTINGS LIMITED			Instrument & Lender Details RANBA 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 8 + 3 = I am not a robot
	Letter of Credit	Short-term	INR 2.2 Cr	ACUITE A4
	Cash Credit	Long-term	INR 6 Cr	ACUITE C
	Working Capital Term Loan	Long-term	INR 8.3 Cr	ACUITE C
	Working Capital Term Loan	Long-term	INR 2.58 Cr	ACUITE C
	Funded Interest Term Loan	Long-term	INR 0.92 Cr	ACUITE C
10th Dec 24	RANSH PHARMA PRIVATE LIMITED			Instrument & Lender Details RANSH PHARMA 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 + 3 = I am not a robot
	Term Loan	Long-term	INR 10 Cr	ACUITE D
10th Dec 24	ALPHAVECTOR INDIA PRIVATE LIMITED			Instrument & Lender Details ALPHAVECTOR 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 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 4 Cr	ACUITE Not Applicable
	Proposed Letter of Credit	Short-term	INR 4.2 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 3.98 Cr	ACUITE Not Applicable
10th Dec 24	SOM AUTOTECH PRIVATE LIMITED			Instrument & Lender Details SOM AUTOTECH 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 + 4 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 1.42 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 3 Cr	ACUITE A3
	Cash Credit	Long-term	INR 40 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 3.15 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.23 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.27 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.21 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 5.27 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.05 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 10.47 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.97 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.68 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 8.33 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 5.14 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 2.54 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 20 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 1.52 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.48 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.77 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 5 Cr	ACUITE BBB- Stable
10th Dec 24	RAJARATHNAM CONSTRUCTION PRIVATE LIMITED			Instrument & Lender Details RAJARATHNAM CONSTRUCTION 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
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE BB+ Stable
	Term Loan	Long-term	INR 24 Cr	ACUITE BB+ Stable
	Secured Overdraft	Long-term	INR 6 Cr	ACUITE BB+ Stable