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Date	Entity Name			Rating Action
23rd Apr 24	PROTIUM FINANCE LIMITED (ERSTWHILE GROWTH SOURCE FINANCIAL TECHNOLOGIES PRIVATE LIMITED)			Instrument & Lender Details PROTIUM FINANCE LIMITED (ERSTWHILE GROWTH SOURCE FINANCIAL 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 6 + 5 = I am not a robot
	Proposed Commercial Paper Program	Short-term	INR 100 Cr	ACUITE A1+
	Term Loan	Long-term	INR 40.91 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 5.03 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 8.33 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 6.14 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 9.26 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 9.99 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 10.42 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 10.42 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 15.63 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 4.16 Cr	ACUITE AA- Stable
	Proposed Long Term Bank Facility	Long-term	INR 146.47 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 50.49 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 13.19 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 15.83 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 6.25 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 14.58 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 14.58 Cr	ACUITE AA- Stable
	Proposed Market Linked Debentures	Long-term	INR 25 Cr	ACUITE PP-MLD AA- Stable
	Term Loan	Long-term	INR 14.82 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 11.11 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 19.74 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 30.77 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 21.58 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 20.83 Cr	ACUITE AA- Stable
	Principal protected market linked debentures	Long-term	INR 50 Cr	ACUITE PP-MLD AA- Stable
	Term Loan	Long-term	INR 14.99 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 17.27 Cr	ACUITE AA- Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 16.83 Cr	ACUITE AA- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 49.5 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 49.99 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 13.9 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 33.33 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 16.67 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 13.33 Cr	ACUITE AA- Stable
	Secured Overdraft	Long-term	INR 50 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 15.83 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 23.62 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 112.5 Cr	ACUITE AA- Stable
	Secured Overdraft	Long-term	INR 5 Cr	ACUITE AA- Stable
	Cash Credit	Long-term	INR 2 Cr	ACUITE AA- Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 20.31 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 21.64 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 19.23 Cr	ACUITE AA- Stable
	Proposed Non Convertible Debentures	Long-term	INR 100 Cr	ACUITE AA- Stable
	Proposed Non Convertible Debentures	Long-term	INR 0.5 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 32.22 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 40.28 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 23.68 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 15.28 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 12.08 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 87.5 Cr	ACUITE AA- Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE AA- Stable
	External Commercial Borrowing	Long-term	INR 24.98 Cr	ACUITE AA- Stable
	External Commercial Borrowing	Long-term	INR 166.56 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 114.73 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 9.99 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 22.92 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 23.08 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 45.83 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 24.14 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 47.22 Cr	ACUITE AA- Stable
	Proposed Long Term Bank Facility	Long-term	INR 101.44 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 25 Cr	ACUITE AA- Stable
	External Commercial Borrowing	Long-term	INR 83.1 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE AA- Stable
	Secured Overdraft	Long-term	INR 75 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 100 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 30 Cr	ACUITE AA- Stable
	Term Loan	Long-term	INR 50 Cr	ACUITE AA- Stable
	Proposed Long Term Bank Facility	Long-term	INR 45 Cr	ACUITE AA- Stable
22nd Apr 24	AMIT N SHAH			Instrument & Lender Details AMIT N SHAH 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
	Bank Guarantee/Letter of Guarantee	Short-term	INR 10 Cr	ACUITE A4
	Proposed Short Term Bank Facility	Short-term	INR 5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 5 Cr	ACUITE B+
22nd Apr 24	DIAMOND SOLVEX PRIVATE LIMITED			Instrument & Lender Details DIAMOND SOLVEX 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
	Cash Credit	Long-term	INR 16 Cr	ACUITE D
	Secured Overdraft	Long-term	INR 9 Cr	ACUITE D
	Proposed Cash Credit	Long-term	INR 8 Cr	ACUITE D
22nd Apr 24	EVEREST STARCH INDIA PRIVATE LIMITED			Instrument & Lender Details EVEREST STARCH 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 3 + 8 = I am not a robot
	Term Loan	Long-term	INR 18 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 32 Cr	ACUITE BB-
22nd Apr 24	EVERTOGEN LIFE SCIENCES LIMITED			Instrument & Lender Details EVERTOGEN LIFE SCIENCES 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 + 7 = I am not a robot
	Letter of Credit	Short-term	INR 6 Cr	ACUITE A4
	Letter of Credit	Short-term	INR 10 Cr	ACUITE A4
	Term Loan	Long-term	INR 4.5 Cr	ACUITE B-
	PC/PCFC	Long-term	INR 6 Cr	ACUITE B-
	Term Loan	Long-term	INR 1.64 Cr	ACUITE B-
	Term Loan	Long-term	INR 0.1 Cr	ACUITE B-
	Cash Credit	Long-term	INR 12 Cr	ACUITE B-
	Cash Credit	Long-term	INR 12 Cr	ACUITE B-
	Working Capital Term Loan	Long-term	INR 3.26 Cr	ACUITE B-
	Working Capital Term Loan	Long-term	INR 1.43 Cr	ACUITE B-
	Working Capital Term Loan	Long-term	INR 1.79 Cr	ACUITE B-
	Proposed Long Term Bank Facility	Long-term	INR 2.48 Cr	ACUITE B-
22nd Apr 24	MEENESH CONTRACTORS AND DEVELOPERS PRIVATE LIMITED			Instrument & Lender Details MEENESH CONTRACTORS AND DEVELOPERS 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 + 1 = I am not a robot
	Proposed Bank Guarantee	Short-term	INR 7.55 Cr	ACUITE A4
	Bank Guarantee (BLR)	Short-term	INR 7 Cr	ACUITE A4
	Cash Credit	Long-term	INR 0.5 Cr	ACUITE B+
	Dropline Overdraft	Long-term	INR 0.45 Cr	ACUITE B+
	Proposed Cash Credit	Long-term	INR 0.5 Cr	ACUITE B+
22nd Apr 24	OM INDUSTRIES			Instrument & Lender Details OM 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 + 3 = I am not a robot
	Cash Credit	Long-term	INR 2.5 Cr	ACUITE BB-
	Cash Credit	Long-term	INR 3.5 Cr	ACUITE BB-
	Proposed Long Term Bank Facility	Long-term	INR 6 Cr	ACUITE BB-
22nd Apr 24	PAWAN TRADECORP PRIVATE LIMITED			Instrument & Lender Details PAWAN TRADECORP 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 + 7 = I am not a robot
	Bank Guarantee/Letter of Guarantee	Short-term	INR 2 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4.5 Cr	ACUITE B+
22nd Apr 24	PENTAGON ASSEMBLY AUTOMATION PRIVATE LIMITED			Instrument & Lender Details PENTAGON ASSEMBLY 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 9 + 4 = I am not a robot
	Term Loan	Long-term	INR 0.17 Cr	ACUITE B+ Not Applicable
	Term Loan	Long-term	INR 0.14 Cr	ACUITE B+ Not Applicable
	Term Loan	Long-term	INR 2 Cr	ACUITE B+ Not Applicable
	Term Loan	Long-term	INR 0.75 Cr	ACUITE B+ Not Applicable
	Cash Credit	Long-term	INR 2 Cr	ACUITE B+ Not Applicable
	Proposed Long Term Bank Facility	Long-term	INR 0.79 Cr	ACUITE B+ Not Applicable
	Bank Guarantee/Letter of Guarantee	Short-term	INR 0.15 Cr	ACUITE A4
22nd Apr 24	SILVER SANDS HOLIDAY VILLAGE			Instrument & Lender Details SILVER SANDS HOLIDAY VILLAGE 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 9.36 Cr	ACUITE B+
	Term Loan	Long-term	INR 4.69 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 0.95 Cr	ACUITE B+
22nd Apr 24	VBE PROJECTS PRIVATE LIMITED			Instrument & Lender Details VBE 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 5 + 2 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 4 Cr	ACUITE A4
	Cash Credit	Long-term	INR 4 Cr	ACUITE B
22nd Apr 24	MKM DIAMONDS PRIVATE LIMITED			Instrument & Lender Details MKM DIAMONDS 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 + 7 = I am not a robot
	Bills Discounting	Long-term	INR 10 Cr	ACUITE B-
	Secured Overdraft	Long-term	INR 12 Cr	ACUITE B-
	Secured Overdraft	Long-term	INR 3 Cr	ACUITE B-
22nd Apr 24	G P TRACTORS			Instrument & Lender Details G P TRACTORS 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
	Bank Guarantee (BLR)	Short-term	INR 1.25 Cr	ACUITE A4
	Cash Credit	Long-term	INR 7 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE B+
22nd Apr 24	Nightingale Finvest Private Limited			Instrument & Lender Details Nightingale Finvest 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
	Proposed Long Term Bank Facility	Long-term	INR 20 Cr	ACUITE BB+ Stable
22nd Apr 24	PRIME MOVERS AUTO ASSOCIATES PRIVATE LIMITED			Instrument & Lender Details PRIME MOVERS AUTO ASSOCIATES 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 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 4.8 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 1.5 Cr	ACUITE A4+
	Covid Emergency Line.	Long-term	INR 1.86 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 16.5 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 3.59 Cr	ACUITE BB+
	Channel/Dealer/Vendor Financing	Long-term	INR 4.5 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 0.55 Cr	ACUITE BB+
	Working Capital Demand Loan (WCDL)	Long-term	INR 10 Cr	ACUITE BB+
	Covid Emergency Line.	Long-term	INR 2.94 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 1.01 Cr	ACUITE BB+
	Cash Credit	Long-term	INR 9 Cr	ACUITE BB+
22nd Apr 24	SHREE SANT KRIPA APPLIANCES PRIVATE LIMITED			Instrument & Lender Details SHREE SANT KRIPA APPLIANCES 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
	Cash Credit	Long-term	INR 115 Cr	ACUITE C Not Applicable
	Cash Credit	Long-term	INR 42 Cr	ACUITE C Not Applicable
	Cash Credit	Long-term	INR 65 Cr	ACUITE C Not Applicable
	Cash Credit	Long-term	INR 60 Cr	ACUITE C Not Applicable
	Cash Credit	Long-term	INR 50 Cr	ACUITE C Not Applicable
	Letter of Credit	Short-term	INR 20 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing	Short-term	INR 110 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing	Short-term	INR 60 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing	Short-term	INR 30 Cr	ACUITE A4
22nd Apr 24	PRABHAT GLOBAL COLOURCOATED PRIVATE LIMITED			Instrument & Lender Details PRABHAT GLOBAL COLOURCOATED 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
	Cash Credit	Long-term	INR 35 Cr	ACUITE BBB+ Stable
	Packing Credit	Long-term	INR 25 Cr	ACUITE BBB+ Stable
22nd Apr 24	BAGH BAHAR APPLIANCES PRIVATE LIMITED			Instrument & Lender Details BAGH BAHAR APPLIANCES 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 + 6 = I am not a robot
	Short-term Loan	Short-term	INR 5 Cr	ACUITE A4
	Channel/Dealer/Vendor Financing	Short-term	INR 16 Cr	ACUITE D
	Cash Credit	Long-term	INR 45 Cr	ACUITE C
	Cash Credit	Long-term	INR 45 Cr	ACUITE C
22nd Apr 24	SSK INFOTECH PRIVATE LIMITED			Instrument & Lender Details SSK INFOTECH 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
	Term Loan	Long-term	INR 15 Cr	ACUITE C
22nd Apr 24	SSK RETAILS PRIVATE LIMITED			Instrument & Lender Details SSK RETAILS 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
	Cash Credit	Long-term	INR 9 Cr	ACUITE D
	Working Capital Term Loan	Long-term	INR 1.8 Cr	ACUITE D