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Date	Entity Name			Rating Action
19th Jun 24	FIRST RELIABLE INDUSTRIES			Instrument & Lender Details FIRST RELIABLE 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 + 8 = I am not a robot
	Cash Credit	Long-term	INR 4 Cr	ACUITE B+
	Term Loan	Long-term	INR 8.73 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.44 Cr	ACUITE B+
19th Jun 24	FLORA MARMO INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details FLORA MARMO INDUSTRIES 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 16 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 15.7 Cr	ACUITE A4
	Cash Credit	Long-term	INR 22 Cr	ACUITE B
	Term Loan	Long-term	INR 42.8 Cr	ACUITE B
19th Jun 24	HAMAL HYDEL LIMITED			Instrument & Lender Details HAMAL HYDEL 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 12 Cr	ACUITE B
19th Jun 24	JBJ TECHNOLOGIES LIMITED			Instrument & Lender Details JBJ TECHNOLOGIES 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 + 9 = I am not a robot
	Bills Discounting	Short-term	INR 2 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 1 Cr	ACUITE A4
	Dropline Overdraft	Long-term	INR 6.25 Cr	ACUITE B
	Term Loan	Long-term	INR 0.83 Cr	ACUITE B
	Proposed Long Term Bank Facility	Long-term	INR 9.92 Cr	ACUITE B
19th Jun 24	KARAN AUTOMOTIVES PRIVATE LIMITED			Instrument & Lender Details KARAN AUTOMOTIVES 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
	Secured Overdraft	Long-term	INR 2.65 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.8 Cr	ACUITE B+
	Term Loan	Long-term	INR 1.7 Cr	ACUITE B+
	Term Loan	Long-term	INR 2 Cr	ACUITE B+
	Working Capital Demand Loan (WCDL)	Long-term	INR 4.3 Cr	ACUITE B+
	Inventory Funding	Long-term	INR 0.65 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.4 Cr	ACUITE B+
19th Jun 24	FRIENDS UNITY HOSPITAL AND RESEARCH CENTRE PRIVATE LIMITED			Instrument & Lender Details FRIENDS UNITY HOSPITAL AND RESEARCH CENTRE 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 + 2 = I am not a robot
	Cash Credit	Long-term	INR 1.5 Cr	ACUITE B-
	Term Loan	Long-term	INR 15.78 Cr	ACUITE B-
	Term Loan	Long-term	INR 0.33 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 6.39 Cr	ACUITE B-
18th Jun 24	AQUA MACHINERIES PRIVATE LIMITED			Instrument & Lender Details AQUA MACHINERIES 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 + 2 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 10.5 Cr	ACUITE A3
	Cash Credit	Long-term	INR 7 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 21 Cr	ACUITE BBB- Stable
18th Jun 24	REFLEXIONS NARAYANI IMPEX PRIVATE LIMITED			Instrument & Lender Details REFLEXIONS NARAYANI IMPEX 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 + 1 = I am not a robot
	PC/PCFC	Short-term	INR 3 Cr	ACUITE A4+
	FBN/FBP/FBD/PSFC/FBE	Short-term	INR 2 Cr	ACUITE A4+
	Proposed Long Term Bank Facility	Long-term	INR 12.83 Cr	ACUITE BB Stable
18th Jun 24	RENE IMPEX PRIVATE LIMITED			Instrument & Lender Details RENE IMPEX 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
	Cash Credit	Long-term	INR 3 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 7 Cr	ACUITE BB Stable
18th Jun 24	KARMALA ROAD PROJECT PRIVATE LIMITED			Instrument & Lender Details KARMALA ROAD PROJECT 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
	Term Loan	Long-term	INR 150 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 130 Cr	ACUITE BBB+ Stable
18th Jun 24	SCHENCK PROCESS INDIA PRIVATE LIMITED (ERSTWHILE SCHENCK PROCESS INDIA LIMITED)			Instrument & Lender Details SCHENCK PROCESS INDIA PRIVATE LIMITED (ERSTWHILE SCHENCK PROCESS INDIA 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 + 7 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 10 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 12 Cr	ACUITE A3
	Cash Credit	Long-term	INR 2 Cr	ACUITE BBB-
	Cash Credit	Long-term	INR 4 Cr	ACUITE BBB-
18th Jun 24	ASHTECH INDIA PRIVATE LIMITED			Instrument & Lender Details ASHTECH 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 + 2 = I am not a robot
	Cash Credit	Long-term	INR 75 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 30 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 4 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 16 Cr	ACUITE BBB- Stable
18th Jun 24	SHARAD SAHAKARI SAKHAR KARKHANA LIMITED			Instrument & Lender Details SHARAD SAHAKARI SAKHAR KARKHANA 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 + 1 = I am not a robot
	Short-term Loan	Short-term	INR 20 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 140 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB Stable
18th Jun 24	MANGALORE ELECTRICITY SUPPLY COMPANY LIMITED			Instrument & Lender Details MANGALORE ELECTRICITY SUPPLY COMPANY 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
	Letter of Credit	Short-term	INR 200 Cr	ACUITE A1
	Proposed Short Term Bank Facility	Short-term	INR 200 Cr	ACUITE A1
	Proposed Letter of Credit	Short-term	INR 75 Cr	ACUITE A1
	Term Loan	Long-term	INR 3.57 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 2.6 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 79.17 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 7.12 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 3.8 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 101.86 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 72.22 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 173.35 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 228.09 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 195.55 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 300 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 47.52 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 100.83 Cr	ACUITE A Stable
	Term Loan	Long-term	INR 38.4 Cr	ACUITE A Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 265 Cr	ACUITE A Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 100 Cr	ACUITE A Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 135 Cr	ACUITE A Stable
	Proposed Long Term Bank Facility	Long-term	INR 70.92 Cr	ACUITE A Stable
18th Jun 24	JINDAL SPINNING MILLS LIMITED			Instrument & Lender Details JINDAL SPINNING 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 5 + 1 = I am not a robot
	PC/PCFC	Short-term	INR 5.4 Cr	ACUITE A4
	FBN/FBP/FBD/PSFC/FBE	Short-term	INR 5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 0.1 Cr	ACUITE C
	Proposed Long Term Bank Facility	Long-term	INR 1.5 Cr	ACUITE C
18th Jun 24	MEHRAB LOGISTICS AND AVIATION LIMITED			Instrument & Lender Details MEHRAB LOGISTICS AND AVIATION 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 + 9 = I am not a robot
	Term Loan	Long-term	INR 5 Cr	ACUITE C
	Term Loan	Long-term	INR 10 Cr	ACUITE C
	Cash Credit	Long-term	INR 32 Cr	ACUITE C
18th Jun 24	NATIONAL OXYGEN LIMITED			Instrument & Lender Details NATIONAL OXYGEN 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 + 7 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 3 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5.5 Cr	ACUITE B-
	Term Loan	Long-term	INR 1.02 Cr	ACUITE B-
	Secured Overdraft	Long-term	INR 12.5 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 13.98 Cr	ACUITE B-
18th Jun 24	ARVIND PIPES AND FITTINGS INDUSTRIES PRIVATE LIMITED			Instrument & Lender Details ARVIND PIPES AND FITTINGS INDUSTRIES 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
	Letter of Credit	Short-term	INR 0.68 Cr	ACUITE D
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.75 Cr	ACUITE D
	Working Capital Term Loan	Long-term	INR 7.32 Cr	ACUITE D
	Term Loan	Long-term	INR 6.75 Cr	ACUITE D
	Term Loan	Long-term	INR 0.75 Cr	ACUITE D
	Cash Credit	Long-term	INR 3.75 Cr	ACUITE D
18th Jun 24	D THAKKAR CONSTRUCTIONS PRIVATE LIMITED			Instrument & Lender Details D THAKKAR 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 5 + 1 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 160 Cr	ACUITE D
	Letter of Credit	Short-term	INR 48 Cr	ACUITE D
	Proposed Short Term Loan	Short-term	INR 7 Cr	ACUITE D
	Cash Credit	Long-term	INR 70 Cr	ACUITE D
	Secured Overdraft	Long-term	INR 1 Cr	ACUITE D
	Stand By Line of Credit	Long-term	INR 5 Cr	ACUITE D
18th Jun 24	EAGLE CONTINENTAL FOODS PRIVATE LIMITED			Instrument & Lender Details EAGLE CONTINENTAL 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
	PC/PCFC	Short-term	INR 30 Cr	ACUITE D
	Term Loan	Long-term	INR 3.9 Cr	ACUITE D
	Proposed Long Term Loan	Long-term	INR 16.1 Cr	ACUITE D