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Date	Entity Name			Rating Action
19th Apr 21	ANS Constructions Private Limited			Instrument & Lender Details ANS 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 1 + 8 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 40 Cr	ACUITE A4
	Proposed Bank Guarantee	Short-term	INR 23 Cr	ACUITE A4
	Cash Credit	Long-term	INR 6 Cr	ACUITE B
	Proposed Cash Credit	Long-term	INR 1 Cr	ACUITE B
19th Apr 21	Punjab Stainless Steel Industries			Instrument & Lender Details Punjab Stainless Steel Industries 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
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A4+
	PC/PCFC	Short-term	INR 14 Cr	ACUITE A4+
	Post Shipment Credit	Short-term	INR 32 Cr	ACUITE A4+
	Proposed Long Term Loan	Long-term	INR 9.94 Cr	ACUITE BB-
	Term Loan	Long-term	INR 9.98 Cr	ACUITE BB-
19th Apr 21	R C Patel			Instrument & Lender Details R C Patel 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
	Bank Guarantee (BLR)	Short-term	INR 11 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7 Cr	ACUITE B+
19th Apr 21	Raghavendra Automation Private Limited			Instrument & Lender Details Raghavendra Automation 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
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.7 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.18 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.62 Cr	ACUITE B+
19th Apr 21	S.M.I.L.E MICROFINANCE LIMITED â€“ Northern Arc 2020 MFI Caissa			Instrument & Lender Details S.M.I.L.E MICROFINANCE LIMITED â€“ Northern Arc 2020 MFI Caissa 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
	Pass Through Certificate	Long-term	INR 18.14 Cr	ACUITE BBB+ (SO )
19th Apr 21	S.M.I.L.E. Microfinance Limited - Northern Arc 2020 MFI Solstice			Instrument & Lender Details S.M.I.L.E. Microfinance Limited - Northern Arc 2020 MFI Solstice 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
	Pass Through Certificate	Long-term	INR 20 Cr	ACUITE BBB+ (SO )
19th Apr 21	S.V.C. Projects Private Limited			Instrument & Lender Details S.V.C. Projects 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
	Bank Guarantee (BLR)	Short-term	INR 19.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 16 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 13 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 9 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 12 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 18 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 4 Cr	ACUITE BB- Stable
	Secured Overdraft	Long-term	INR 12 Cr	ACUITE BB- Stable
	Secured Overdraft	Long-term	INR 9 Cr	ACUITE BB- Stable
	Secured Overdraft	Long-term	INR 2.1 Cr	ACUITE BB- Stable
	Working Capital Term Loan	Long-term	INR 4.6 Cr	ACUITE BB- Stable
	Working Capital Term Loan	Long-term	INR 1.8 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 9.5 Cr	ACUITE BB-
19th Apr 21	Sathvika			Instrument & Lender Details Sathvika 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
	Proposed Cash Credit	Long-term	INR 9.5 Cr	ACUITE B
19th Apr 21	Shiv Texchem Private Limited			Instrument & Lender Details Shiv Texchem 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 + 2 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 1 Cr	ACUITE A3+
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE BBB Stable
	Channel/Dealer/Vendor Financing	Long-term	INR 7 Cr	ACUITE BBB Stable
19th Apr 21	Shree Balaji Pigments Private Limited			Instrument & Lender Details Shree Balaji Pigments 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 + 9 = I am not a robot
	Cash Credit	Long-term	INR 20.75 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 4.25 Cr	ACUITE B+
19th Apr 21	Singh Cycle and Motor Co. Private Limited			Instrument & Lender Details Singh Cycle and Motor Co. 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 + 9 = I am not a robot
	Inventory Funding	Long-term	INR 0.95 Cr	ACUITE D
	Inventory Funding	Long-term	INR 4 Cr	ACUITE D
	Inventory Funding	Long-term	INR 10 Cr	ACUITE D
	Proposed Long Term Loan	Long-term	INR 0.26 Cr	ACUITE D
	Term Loan	Long-term	INR 7.8 Cr	ACUITE D
	Term Loan	Long-term	INR 4 Cr	ACUITE D
19th Apr 21	Sree Anandhakumar Mills Limited			Instrument & Lender Details Sree Anandhakumar Mills 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
	Bank Guarantee (BLR)	Short-term	INR 0.69 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 2 Cr	ACUITE A4
	Cash Credit	Long-term	INR 15 Cr	ACUITE BB-
	Term Loan	Long-term	INR 16.52 Cr	ACUITE BB-
19th Apr 21	Sri Lakshmi Govardana Rice Industry			Instrument & Lender Details Sri Lakshmi Govardana Rice Industry 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
	Cash Credit	Long-term	INR 13 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.9 Cr	ACUITE B+
19th Apr 21	Sri Mahalaxmi Cotspin Industries			Instrument & Lender Details Sri Mahalaxmi Cotspin Industries 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
	Proposed Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 2.7 Cr	ACUITE B+
	Proposed Long Term Loan	Long-term	INR 0.3 Cr	ACUITE B+
16th Apr 21	Mothi Spinner Private Limited			Instrument & Lender Details Mothi Spinner 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 + 8 = I am not a robot
	Letter of Credit	Short-term	INR 5 Cr	ACUITE A2+
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A2+
	Stand By Line of Credit	Short-term	INR 5 Cr	ACUITE A2+
	Cash Credit	Long-term	INR 46 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 27 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 7 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE A- Stable
	Cash Credit	Long-term	INR 2 Cr	ACUITE A- Stable
	Proposed Long Term Bank Facility	Long-term	INR 3.26 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 86.09 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 30.63 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 4.36 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 21 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 1.65 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 6.38 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 54.84 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 14 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 29.42 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 33.41 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 9.96 Cr	ACUITE A- Stable
	Term Loan	Long-term	INR 31 Cr	ACUITE A- Stable
16th Apr 21	Anjaneya Breeding Farm and Hatcheries			Instrument & Lender Details Anjaneya Breeding Farm and Hatcheries 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
	Secured Overdraft	Long-term	INR 7 Cr	ACUITE D
16th Apr 21	Saffron Specialty Papers Private Limited			Instrument & Lender Details Saffron Specialty 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 1 + 5 = I am not a robot
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A4
	PC/PCFC	Short-term	INR 1.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 6.5 Cr	ACUITE BB- Stable
16th Apr 21	Armstrong (India) Construction			Instrument & Lender Details Armstrong (India) Construction 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
	Bank Guarantee (BLR)	Short-term	INR 17 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 1 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7 Cr	ACUITE B
16th Apr 21	Sea Foods Private Limited			Instrument & Lender Details Sea Foods 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
	Bank Guarantee (BLR)	Short-term	INR 0.3 Cr	ACUITE A4+
	Proposed Short Term Bank Facility	Short-term	INR 0.42 Cr	ACUITE A4+
	Stand By Line of Credit	Short-term	INR 2.6 Cr	ACUITE A4+
	PC/PCFC	Long-term	INR 21.5 Cr	ACUITE BB+ Stable
16th Apr 21	Ashavari Trading Private Limited			Instrument & Lender Details Ashavari Trading 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 0.1 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 6.9 Cr	ACUITE BB Stable
	Proposed Cash Credit	Long-term	INR 3 Cr	ACUITE BB Stable