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Date	Entity Name			Rating Action
25th Jun 25	SAVVY INDUSTRIES			Instrument & Lender Details SAVVY 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 + 6 = I am not a robot
	Cash Credit	Long-term	INR 6 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 1.5 Cr	ACUITE BB- Stable
25th Jun 25	SAVVY INDUSTRIES			Instrument & Lender Details SAVVY 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 + 9 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 1.14 Cr	ACUITE BB- Stable
25th Jun 25	SHIVAM MOTORS PRIVATE LIMITED			Instrument & Lender Details SHIVAM MOTORS 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 12.75 Cr	ACUITE C
	Working Capital Demand Loan (WCDL)	Long-term	INR 5.25 Cr	ACUITE D
	Cash Credit	Long-term	INR 5 Cr	ACUITE C
	Cash Credit	Long-term	INR 15 Cr	ACUITE C
	Term Loan	Long-term	INR 3.35 Cr	ACUITE C
	Term Loan	Long-term	INR 5.15 Cr	ACUITE C
	Covid Emergency Line.	Long-term	INR 2.83 Cr	ACUITE C
	Covid Emergency Line.	Long-term	INR 1.33 Cr	ACUITE C
	Channel/Dealer/Vendor Financing	Short-term	INR 6.5 Cr	ACUITE A4
24th Jun 25	LIVGUARD ENERGY TECHNOLOGIES PRIVATE LIMITED			Erratum \| Instrument & Lender Details LIVGUARD ENERGY 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 9 + 4 = I am not a robot
	Cash Credit	Long-term	INR 100 Cr	ACUITE BBB Stable
24th Jun 25	LIVGUARD ENERGY TECHNOLOGIES PRIVATE LIMITED			Erratum \| Instrument & Lender Details LIVGUARD ENERGY 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 5 + 7 = I am not a robot
	Cash Credit	Long-term	INR 75 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 40 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 50 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 40 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 20 Cr	ACUITE BBB Stable
	Working Capital Term Loan	Long-term	INR 2.35 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 75 Cr	ACUITE BBB Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 11.45 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 50 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 2.14 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 103.82 Cr	ACUITE BBB Stable
	Working Capital Term Loan	Long-term	INR 1.33 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.07 Cr	ACUITE BBB Stable
	Term Loan	Long-term	INR 43.84 Cr	ACUITE BBB Stable
	Letter of Credit	Short-term	INR 50 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 50 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 90 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 60 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 50 Cr	ACUITE A3+
	Letter of Credit	Short-term	INR 80 Cr	ACUITE A3+
24th Jun 25	EARNEST CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details EARNEST CONSTRUCTIONS 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
	Non-Covertible Debentures (NCD)	Long-term	INR 320 Cr	ACUITE BB- Stable
24th Jun 25	NIF ISPAT LIMITED			Instrument & Lender Details NIF ISPAT 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
	PC/PCFC	Long-term	INR 17 Cr	ACUITE BBB Positive
	PC/PCFC	Long-term	INR 24.2 Cr	ACUITE BBB Positive
	Bills Discounting	Long-term	INR 20 Cr	ACUITE BBB Positive
	Proposed Long Term Bank Facility	Long-term	INR 4.8 Cr	ACUITE BBB Positive
	Bank Guarantee (BLR)	Short-term	INR 4 Cr	ACUITE A3+
24th Jun 25	ARORA AROMATICS PRIVATE LIMITED			Instrument & Lender Details ARORA AROMATICS 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 + 1 = I am not a robot
	Stand By Line of Credit	Long-term	INR 18 Cr	ACUITE BBB+ Stable
	Packing Credit	Short-term	INR 60 Cr	ACUITE A2+
	Post Shipment Credit	Short-term	INR 35 Cr	ACUITE A2+
	Forward Contracts	Short-term	INR 5 Cr	ACUITE A2+
24th Jun 25	NU STORES PRIVATE LIMITED			Instrument & Lender Details NU STORES 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 + 6 = I am not a robot
	Term Loan	Long-term	INR 527.55 Cr	ACUITE BB Stable
24th Jun 25	SMVD POLY PACK LIMITED			Instrument & Lender Details SMVD POLY PACK 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 + 7 = I am not a robot
	Cash Credit	Long-term	INR 16 Cr	ACUITE C
	Term Loan	Long-term	INR 12.77 Cr	ACUITE C
23rd Jun 25	ENCRAFT INDIA PRIVATE LIMITED			Instrument & Lender Details ENCRAFT 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
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 7 Cr	ACUITE B-
23rd Jun 25	MECHATRONICS SYSTEMS PRIVATE LIMITED			Instrument & Lender Details MECHATRONICS 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 8 + 5 = I am not a robot
	Secured Overdraft	Long-term	INR 12.8 Cr	ACUITE D
	Proposed Secured Overdraft	Long-term	INR 12.7 Cr	ACUITE C
	Secured Overdraft	Long-term	INR 7 Cr	ACUITE D
	Secured Overdraft	Long-term	INR 14.5 Cr	ACUITE C
	Bank Guarantee (BLR)	Short-term	INR 9 Cr	ACUITE D
	Proposed Bank Guarantee	Short-term	INR 8 Cr	ACUITE A4
	Proposed Letter of Credit	Short-term	INR 5 Cr	ACUITE A4
	Bank Guarantee/Letter of Guarantee	Short-term	INR 6 Cr	ACUITE D
23rd Jun 25	MAXICAN EXPORT			Instrument & Lender Details MAXICAN EXPORT 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 9 Cr	ACUITE A4
23rd Jun 25	HANUMAN FOODS			Instrument & Lender Details HANUMAN FOODS To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 6 = I am not a robot
	Term Loan	Long-term	INR 0.17 Cr	ACUITE D
	Cash Credit	Long-term	INR 22 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 0.33 Cr	ACUITE D
23rd Jun 25	KALPATHARU BREWERIES & DISTILLERIES PRIVATE LIMITED			Instrument & Lender Details KALPATHARU BREWERIES & DISTILLERIES 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 5 Cr	ACUITE B
	Term Loan	Long-term	INR 3 Cr	ACUITE B
23rd Jun 25	MICROMAX INFORMATICS LIMITED			Instrument & Lender Details MICROMAX INFORMATICS 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
	Cash Credit	Long-term	INR 1.39 Cr	ACUITE BB
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB
	Letter of Credit	Short-term	INR 30 Cr	ACUITE A4+
	Bills Discounting	Short-term	INR 1.5 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 23.11 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 80 Cr	ACUITE A4+
23rd Jun 25	SANDOR MEDICAIDS PRIVATE LIMITED			Instrument & Lender Details SANDOR MEDICAIDS 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 33 Cr	ACUITE D
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE D
23rd Jun 25	STREAM CERAMIC PRIVATE LIMITED			Instrument & Lender Details STREAM CERAMIC 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 3 Cr	ACUITE B
	Term Loan	Long-term	INR 3.86 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 0.16 Cr	ACUITE B
	Bank Guarantee/Letter of Guarantee	Short-term	INR 1.03 Cr	ACUITE A4
23rd Jun 25	AARTI SUITINGS PRIVATE LIMITED			Instrument & Lender Details AARTI SUITINGS 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 + 4 = I am not a robot
	Term Loan	Long-term	INR 5.35 Cr	ACUITE D
	Cash Credit	Long-term	INR 10.6 Cr	ACUITE D
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.05 Cr	ACUITE D
23rd Jun 25	GARG RICE MILLS			Instrument & Lender Details GARG 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 3 + 7 = I am not a robot
	Cash Credit	Long-term	INR 13.75 Cr	ACUITE B
23rd Jun 25	OM TRANSPORT			Instrument & Lender Details OM TRANSPORT 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
	Proposed Long Term Bank Facility	Long-term	INR 1.5 Cr	ACUITE BB-
	Proposed Bank Guarantee	Short-term	INR 8.5 Cr	ACUITE A4+
23rd Jun 25	UNITED OVERSEAS FINANCE LIMITED			Instrument & Lender Details UNITED OVERSEAS 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 4 + 9 = I am not a robot
	Cash Credit	Long-term	INR 10 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 2 Cr	ACUITE B+