CRISIL ratings for Indian debt instruments-Feb 1

Fri Feb 1, 2013 11:40am IST

Feb 1 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of January 31, 2013.


COMPANY                                 INSTRUMENT            RATING       AMOUNT  MOVEMENT
                                                                          (RS.MLN)
------                                  ----------            ------       -----   ---------
SHORT TERM RATINGS:
-------------------
Alectrona Energy Pvt Ltd                BG                    CRISIL A4+   35      Assigned
Amoli Organics Pvt Ltd                  LOC                   CRISIL A3    70***   Assigned
*** Interchangeable with buyers Credit to the extent of Rs.70 million
Amoli Organics Pvt Ltd                  LOC                   CRISIL A3    25      Assigned
Amoli Organics Pvt Ltd                  BG                    CRISIL A3    5       Assigned
Anjana Adorables                        Packing Credit        CRISIL A4    40*     Assigned
*Fully interchangeable with foreign bills discounting
Baby Marine International               Bill Purchase-        CRISIL A4+   75      Reaffirmed
                                        Discounting Fac
Baby Marine International               Packing Credit        CRISIL A4+   55      Reaffirmed
Baby Marine International               Proposed ST Bk        CRISIL A4+   2.6     Assigned
                                        Loan Fac
Baby Marine Sarass                      Bill Purchase-        CRISIL A4+   40      Reaffirmed
                                        Discounting Fac
Baby Marine Sarass                      Packing Credit        CRISIL A4+   60      Reaffirmed
Baby Marine Sarass                      Proposed ST Bk        CRISIL A4+   10      Assigned
                                        Loan Fac
Bansal Marine (S.B.)                    LOC                   CRISIL A4+   200     Reaffirmed
Basu & Co Road Contractors Pvt Ltd      BG                    CRISIL A4+   10      Assigned
Beekalene Fabrics Pvt Ltd               LOC                   CRISIL A4    4       Assigned
Beekalene Fabrics Pvt Ltd               BG                    CRISIL A4    6       Assigned
Bharat Constructions                    BG                    CRISIL A4    100     Suspended
Bharat Hydel Projects Pvt Ltd           BG                    CRISIL A4    99.9    Suspended
CCS Computers Pvt Ltd                   Proposed LOC          CRISIL A4+   50      Assigned
CCS Computers Pvt Ltd                   Proposed BG           CRISIL A4+   20      Assigned
CCS Computers Pvt Ltd                   BG                    CRISIL A4+   60      Assigned
CCS Computers Pvt Ltd                   LOC                   CRISIL A4+   20      Assigned
Chemco Plastic Industries Pvt Ltd       BG                    CRISIL A3    6       Reaffirmed
Chemco Plastic Industries Pvt Ltd       LOC                   CRISIL A3    10      Reaffirmed
Daawat Foods Ltd                        Packing Credit        CRISIL A3    116.9   Assigned
Desai and Company                       BG                    CRISIL A4+   8       Assigned
Digitronics                             BG                    CRISIL A4+   35      Assigned
Dosch Pharmaceuticals Pvt Ltd           BG                    CRISIL A4+   2.5     Reaffirmed
Dosch Pharmaceuticals Pvt Ltd           Export Packing        CRISIL A4+   46.5    Reaffirmed
                                        Credit
Dosch Pharmaceuticals Pvt Ltd           LOC                   CRISIL A4+   20      Reaffirmed
Essen Deinki                            LOC                   CRISIL A4    16      Assigned
Fairy Food Products Pvt Ltd             BG                    CRISIL A4    2.5     Suspended
Fairy Food Products Pvt Ltd             Bill Purchase-        CRISIL A4    105     Suspended
                                        Discounting Fac
Fairy Food Products Pvt Ltd             LOC                   CRISIL A4    75      Suspended
Fairy Food Products Pvt Ltd             Packing Credit        CRISIL A4    80      Suspended
Gorsi Constructions Pvt Ltd             BG                    CRISIL A4    15      Suspended
Gurulaxmi Cottex Pvt Ltd                BG                    CRISIL A4    7.5     Assigned
Hussain Sheth and Sons                  LOC                   CRISIL A4+   400     Reaffirmed
(Shipbreakers) Pvt Ltd
Indexpo                                 Foreign Bill          CRISIL A4    45      Suspended
                                        Purchase
Indexpo                                 Packing Credit        CRISIL A4    50      Suspended
Indian Transformers & Electricals       LOC*                  CRISIL A4    25      Downgraded
(Prop. Patni Enterprises Pvt. Ltd.)                                                from CRISIL
                                                                                   A4+
*Fully interchangeable
Indian Transformers & Electricals       BG*                   CRISIL A4    25      Downgraded
(Prop. Patni Enterprises Pvt. Ltd.)                                                from CRISIL
                                                                                   A4+
*Fully interchangeable
Indico Motors Pvt Ltd                   BG                    CRISIL A4    10      Suspended
Industrial Metal Corporation            LOC                   CRISIL A4+   130     Assigned
Industrial Metal Corporation            BG                    CRISIL A4+   10      Assigned
Keshava Medi Devices Pvt Ltd            LOC                   CRISIL A4    10      Assigned
Keshava Medi Devices Pvt Ltd            BG                    CRISIL A4    5       Assigned
Landmark Corporation Pvt Ltd            BG                    CRISIL A4+   80      Downgraded
                                                                                   from CRISIL
                                                                                   BB
LT Foods Ltd                            LOC                   CRISIL A3    430     Assigned
LT Foods Ltd                            Bills Payable         CRISIL A3    461     Assigned
LT Foods Ltd                            Foreign LOC           CRISIL A3    72      Assigned
LT Foods Ltd                            BG                    CRISIL A3    176     Assigned
LT Foods Ltd                            Bill Discounting      CRISIL A3    1       Assigned
LT Foods Ltd                            Post Shipment         CRISIL A3    90      Assigned
                                        Credit
LT Foods Ltd                            Export                CRISIL A3    103     Assigned
                                        Post-Shipment
                                        Credit
MBG Commodities Pvt Ltd                 Proposed LOC & BG     CRISIL A3+   700     Suspension
                                                                                   revoked
MBG Commodities Pvt Ltd                 LOC & BG              CRISIL A3+   2250    Suspension
                                                                                   revoked
Mercury Granites Pvt Ltd                Foreign Bill          CRISIL A4    17.5    Reaffirmed
                                        Purchase
Mercury Granites Pvt Ltd                Standby Line of       CRISIL A4    8       Reaffirmed
                                        Credit

Mercury Granites Pvt Ltd                Packing Credit        CRISIL A4    17.5    Reaffirmed
Mercury Granites Pvt Ltd                LOC                   CRISIL A4    7.5     Reaffirmed
MMTC - Pamp India Pvt Ltd               BG^^                  CRISIL A3    2000    Upgraded
                                                                                   from CRISIL
                                                                                   BB+
^^Interchangeable with LC
MMTC - Pamp India Pvt Ltd               Standby LOC**         CRISIL A3    6000    Assigned
**Interchangeable with Bank Guarantee and Stand by Letter of Credit
MMTC - Pamp India Pvt Ltd               Proposed NFBL         CRISIL A3    6535    Assigned
MMTC - Pamp India Pvt Ltd               LOC*                  CRISIL A3    2250    Assigned
*Interchangeable with Stand by Letter of Credit, includes Rs.500 million sub-limit for Bank
Guarantee.
MMTC - Pamp India Pvt Ltd               LOC                   CRISIL A3    2000    Assigned
MMTC - Pamp India Pvt Ltd               LOC^                  CRISIL A3    1000    Assigned
^ Interchangeable with BG
Mono Steel (India) Ltd                  BG                    CRISIL A3    50      Upgraded
                                                                                   from CRISIL
                                                                                   A4+
Mono Steel (India) Ltd                  Buyer Credit Limit    CRISIL A3    350     Upgraded
                                                                                   from CRISIL
                                                                                   A4+
Morvi Vegetable Products Ltd            BG                    CRISIL A4+   2.7     Reaffirmed
Morvi Vegetable Products Ltd            LOC                   CRISIL A4+   30      Assigned
Mydeen Timbers                          LOC                   CRISIL A4+   180     Assigned
Natraj Proteins Ltd                     BG                    CRISIL A4+   5       Reaffirmed
Natraj Proteins Ltd                     Packing Credit        CRISIL A4+   96      Reaffirmed
Nature Bio-Foods Ltd                    LOC                   CRISIL A3    200     Assigned
Navbharat Insulation & Engg. Co.        BG                    CRISIL A4    20      Reaffirmed
Navbharat Insulation & Engg. Co.        LOC                   CRISIL A4    15      Reaffirmed
Noor Impex Pvt Ltd                      LOC                   CRISIL A4    110     Reaffirmed
Nova Carbons India Pvt Ltd              Foreign Bill          CRISIL A4+   25      Assigned
                                        Discounting
Nova Carbons India Pvt Ltd              Packing Credit        CRISIL A4+   25      Assigned
Oswal Fashion Pvt Ltd                   LOC                   CRISIL A4    10.5    Assigned
Patsar Transformers and Electricals     LOC*                  CRISIL A4    17.5    Downgraded
Pvt Ltd                                                                            from CRISIL
                                                                                   A4+
*Fully interchangeable
Patsar Transformers and Electricals     BG*                   CRISIL A4    22.5    Downgraded
Pvt Ltd                                                                            from CRISIL
                                                                                   A4+
*Fully interchangeable
Pioneer Agro Extracts Ltd               LOC                   CRISIL A4    50      Assigned
Pranjal Projects Pvt Ltd                LOC                   CRISIL A4    110*    Assigned
*Fully Inter-changeable with Letter of Guarantee
Prasad Multi Services Pvt Ltd           BG                    CRISIL A4    30      Assigned
R.M.R. Spinning Mill Pvt Ltd            LOC                   CRISIL A4    2       Assigned
Raghunath Agro Industries               Packing Credit        CRISIL A3    282.5   Assigned
Raghunath Agro Industries               Bills Payable         CRISIL A3    17.5    Assigned
Rajankumar & Bros (Impex)               LOC                   CRISIL A4+   650     Reaffirmed
RKB Mining & Infrastructure             LOC                   CRISIL A4+   240     Upgraded
                                                                                   from CRISIL
                                                                                   A4
S T P Ltd                               LOC                   CRISIL A4    130     Reaffirmed
S T P Ltd                               BG                    CRISIL A4    20      Reaffirmed
Savitri Steels & Rerollings Pvt Ltd     BG                    CRISIL A4+   15      Assigned
Shree Sidhbali Steels Ltd               LOC                   CRISIL A4    38.5    Assigned
Shree Sidhbali Steels Ltd               BG                    CRISIL A4    25      Assigned
SJB Automobiles Pvt Ltd                 Inventory Funding     CRISIL A4+   56.6    Assigned
                                        Fac
SJB Automobiles Pvt Ltd                 BG                    CRISIL A4+   11      Assigned
Sree Murali Mohana Boiled and Raw       Packing Credit        CRISIL A4+   300     Upgraded
Rice Mill Pvt Ltd                                                                  from CRISIL
                                                                                   BB
Sri Vakirakaaliamman Spinning Mills     Letter Of Guarantee   CRISIL A4    6.5     Assigned
Pvt Ltd
Supertex Industries Ltd                 Overdraft Fac         CRISIL A4    5       Assigned
Suven Life Sciences Ltd                 LOC                   CRISIL A4    120     Reaffirmed
Suven Life Sciences Ltd                 BG                    CRISIL A4    25      Reaffirmed
Tirupati Aluminium Ltd                  BG                    CRISIL A4    45      Assigned
Tribhuvan Apparels Pvt Ltd              Export Packing        CRISIL A4    60      Assigned
                                        Credit
Triveni Electroplast Pvt Ltd            LOC & BG              CRISIL A4    45      Assigned
Unistil Alcoblends Pvt Ltd              LOC                   CRISIL A4+   10      Assigned
Unistil Alcoblends Pvt Ltd              BG                    CRISIL A4+   2.5     Assigned
Vaishno Devi Dairy Products Pvt Ltd     BG                    CRISIL A4    10      Suspended
Vintech Industries Pvt Ltd              Export Packing        CRISIL A4+   6       Reaffirmed
                                        Credit
LONG TERM RATINGS:
-------------------
A. L. Overseas                          CC                    CRISIL B+    80      Suspended
Alectrona Energy Pvt Ltd                LOC*                  CRISIL BB-   20      Assigned
*Interchangeable with cash credit to the extent of Rs.10.00 million
Alectrona Energy Pvt Ltd                CC                    CRISIL BB-   55      Assigned
Al-Sami Agro Products Pvt Ltd           LT Loan               CRISIL B     200     Assigned
Amoli Organics Pvt Ltd                  Rupee TL              CRISIL BBB-  126**** Assigned
****fully interchangeable with foreign currency term loan
Amoli Organics Pvt Ltd                  Proposed LT Bk        CRISIL BBB-  54      Assigned
                                        Loan Fac
Amoli Organics Pvt Ltd                  CC                    CRISIL BBB-  100*    Assigned
*interchangeable with packing credit to the extent of Rs.100 million
Amoli Organics Pvt Ltd                  CC                    CRISIL BBB-  220**   Assigned
**interchangeable with packing credit to the extent of Rs.50 million
Andhra Bank                             Series A PTCs         CRISIL AAA (S429.5   Withdrawn
Anjana Adorables                        LT Loan               CRISIL B+    25      Assigned
Arowana Exports                         CC                    CRISIL B     95      Assigned
AVK Automart Pvt Ltd                    CC                    CRISIL B+    140     Assigned
AVK Automart Pvt Ltd                    TL                    CRISIL B+    80      Assigned
Balaji Polytex Industry Pvt Ltd         TL                    CRISIL D     90      Assigned
Balaji Polytex Industry Pvt Ltd         BG                    CRISIL D     5       Assigned
Balaji Polytex Industry Pvt Ltd         CC                    CRISIL D     50      Assigned
Bansal Marine (S.B.)                    LT Loan               CRISIL BB-   2       Downgraded
                                                                                   from CRISIL
                                                                                   BB
Bansal Marine (S.B.)                    Proposed LT Bk        CRISIL BB-   78      Assigned
                                        Loan Fac
Basu & Co Road Contractors Pvt Ltd      Proposed LT Bk        CRISIL BB-   15      Assigned
                                        Loan Fac
Basu & Co Road Contractors Pvt Ltd      CC                    CRISIL BB-   45      Assigned
Beekalene Fabrics Pvt Ltd               TL                    CRISIL B+    50      Assigned
Beekalene Fabrics Pvt Ltd               Proposed LT Bk        CRISIL B+    100     Assigned
                                        Loan Fac
Beekalene Fabrics Pvt Ltd               CC                    CRISIL B+    40      Assigned
Beekay Distributors                     CC                    CRISIL BB+   15      Reaffirmed
Beekay Distributors                     Channel Financing     CRISIL BB+   82.3    Reaffirmed
Beekay Distributors                     Proposed LT Bk        CRISIL BB+   2.7     Assigned
                                        Loan Fac
Bharat Constructions                    CC                    CRISIL B-    100     Suspended
Bharat Hydel Projects Pvt Ltd           CC                    CRISIL B-    100     Suspended
CCS Computers Pvt Ltd                   Proposed CC Limit     CRISIL BB    150     Assigned
Chemco Plastic Industries Pvt Ltd       CC                    CRISIL BBB-  52.5    Reaffirmed
Chemco Plastic Industries Pvt Ltd       Proposed LT Bk        CRISIL BBB-  1.4     Reaffirmed
                                        Loan Fac
Chemco Plastic Industries Pvt Ltd       Rupee TL              CRISIL BBB-  50.1    Reaffirmed
Daawat Foods Ltd                        TL                    CRISIL BBB-  423.3   Assigned
Daawat Foods Ltd                        Standby Line of       CRISIL BBB-  50      Assigned
                                        Credit
Daawat Foods Ltd                        CC                    CRISIL BBB-  1209.8  Assigned
Dasari Veer Raju & Gunnam Ram           TL                    CRISIL D     70.5    Reaffirmed
Chandra Rao Memorial Trust
Deo Ispat Alloys Ltd                    CC                    CRISIL B+    100     Downgraded
                                                                                   from CRISIL
                                                                                   BB-
Deo Ispat Alloys Ltd                    TL                    CRISIL B+    10      Downgraded
                                                                                   from CRISIL
                                                                                   BB-
Desai and Company                       CC                    CRISIL BB    60      Assigned
Dev Priya Product Ltd                   CC                    CRISIL BBB-  300     Reaffirmed
Dev Priya Product Ltd                   TL                    CRISIL BBB-  60      Reaffirmed
Devnandan Infrastructure Pvt Ltd        Proposed LT Bk        CRISIL BB-   220     Assigned
                                        Loan Fac
Devnandan Infrastructure Pvt Ltd        TL                    CRISIL BB-   280     Assigned
Digitronics                             TL                    CRISIL BB-   19.8    Assigned
Digitronics                             Proposed CC Limit     CRISIL BB-   2.2     Assigned
Digitronics                             CC                    CRISIL BB-   8       Assigned
Dosch Pharmaceuticals Pvt Ltd           CC                    CRISIL BB+   73.5    Reaffirmed
Dosch Pharmaceuticals Pvt Ltd           Proposed LT Bk        CRISIL BB+   7.5     Reaffirmed
                                        Loan Fac
Emark Energisers Pvt Ltd                TL                    CRISIL B-    33.9^   Assigned
^includes sub-limit of Rs.10.0 Million of Buyer's Credit
Emark Energisers Pvt Ltd                TL                    CRISIL B-    6       Assigned
Emark Energisers Pvt Ltd                CC                    CRISIL B-    27.5*   Assigned
*includes sub-limit of Rs.5.0 Million of LC & Rs.5.0 Million of BD
Emark Energisers Pvt Ltd                Proposed LT Bk        CRISIL B-    22.6    Assigned
                                        Loan Fac
Essen Deinki                            TL                    CRISIL B+    12      Assigned
Essen Deinki                            CC                    CRISIL B+    57      Assigned
Fairy Food Products Pvt Ltd             CC                    CRISIL C     35      Suspended
Florence Nightingale Educational        TL                    CRISIL B     100     Assigned
Society
Florence Nightingale Educational        Overdraft Fac         CRISIL B     10      Assigned
Society
Florence Nightingale Educational        Proposed LT Bk        CRISIL B     40      Assigned
Society                                 Loan Fac
Ganpati Foods                           CC                    CRISIL B+    110     Reaffirmed
Ganpati Foods                           TL                    CRISIL B+    10      Reaffirmed
Gorsi Constructions Pvt Ltd             CC                    CRISIL C     45      Suspended
Gorsi Constructions Pvt Ltd             Proposed LT Bk        CRISIL C     11.8    Suspended
                                        Loan Fac
Gorsi Constructions Pvt Ltd             WC Demand Loan        CRISIL C     6       Suspended
Gurulaxmi Cottex Pvt Ltd                TL                    CRISIL B-    191.9   Assigned
Gurulaxmi Cottex Pvt Ltd                Proposed LT Bk        CRISIL B-    0.6     Assigned
                                        Loan Fac
Gurulaxmi Cottex Pvt Ltd                CC                    CRISIL B-    50      Assigned
Hi - Tech Board Pvt Ltd                 CC                    CRISIL B+    50      Reaffirmed
Hi - Tech Board Pvt Ltd                 LT Loan               CRISIL B+    150     Reaffirmed
Hussain Sheth and Sons                  CC                    CRISIL BB-   50      Reaffirmed
(Shipbreakers) Pvt Ltd
Indian Transformers & Electricals       CC                    CRISIL B+    40      Downgraded
(Prop. Patni Enterprises Pvt. Ltd.)                                                from CRISIL
                                                                                   BB-
Indico Motors Pvt Ltd                   CC                    CRISIL B     120     Suspended
Indico Motors Pvt Ltd                   Proposed LT Bk        CRISIL B     69.9    Suspended
                                        Loan Fac
Industrial Metal Corporation            CC                    CRISIL BB    30      Assigned
Jai Sai Trading Co                      Proposed LT Bk        CRISIL B     10      Assigned
                                        Loan Fac
Jai Sai Trading Co                      Warehouse Receipts    CRISIL B     90      Assigned
Jai Shiv Foods                          Proposed LT Bk        CRISIL B     10      Assigned
                                        Loan Fac
Jai Shiv Foods                          Warehouse Receipts    CRISIL B     90      Assigned
Jindal Charitable Society               TL                    CRISIL B     160     Assigned
Jindal Charitable Society               Overdraft Fac         CRISIL B     20      Assigned
Jindal Charitable Society               Proposed LT Bk        CRISIL B     20      Assigned
                                        Loan Fac
K.G. Industries                         CC                    CRISIL B     190     Reaffirmed
K.G. Industries                         Proposed LT Bk        CRISIL B     10      Reaffirmed
                                        Loan Fac
K.G. Industries                         TL                    CRISIL B     10      Assigned
Kasavu Kada                             CC                    CRISIL B     66      Assigned
Kasavu Kada                             LT Loan               CRISIL B     14      Assigned
Keshava Medi Devices Pvt Ltd            CC                    CRISIL B+    45      Assigned
Keshava Medi Devices Pvt Ltd            LT Loan               CRISIL B+    63.6    Assigned
Kundu Developers & Realtors (P) Ltd     CC                    CRISIL B+    70      Suspended
Kundu Developers & Realtors (P) Ltd     WC Demand Loan        CRISIL B+    90      Suspended
Landmark Corporation Pvt Ltd            CC                    CRISIL BB-   70      Downgraded
                                                                                   from CRISIL
                                                                                   BB
Landmark Corporation Pvt Ltd            Proposed LT Bk        CRISIL BB-   40      Downgraded
                                        Loan Fac                                   from CRISIL
                                                                                   BB
LT Foods Ltd                            Export Packing        CRISIL BBB-  588     Assigned
                                        Credit
LT Foods Ltd                            WC Demand Loan        CRISIL BBB-  110     Assigned
LT Foods Ltd                            Proposed LT Bk        CRISIL BBB-  354     Assigned
                                        Loan Fac
LT Foods Ltd                            Pledge Loan           CRISIL BBB-  1500    Assigned
LT Foods Ltd                            CC                    CRISIL BBB-  1464    Assigned
LT Foods Ltd                            TL                    CRISIL BBB-  961     Assigned
LT Foods Ltd                            Packing Credit        CRISIL BBB-  1246    Assigned
LT Foods Ltd                            Standby LOC           CRISIL BBB-  88      Assigned
Mahavir Dal Mills Pvt Ltd               TL                    CRISIL BB    3       Reaffirmed
Mahavir Dal Mills Pvt Ltd               CC                    CRISIL BB    85      Reaffirmed
Mahavir Dal Mills Pvt Ltd               Proposed LT Bk        CRISIL BB    27      Reaffirmed
                                        Loan Fac
Mansha Agencies Pvt Ltd                 CC                    CRISIL BBB-  150     Reaffirmed
MBG Commodities Pvt Ltd                 Proposed CC Limit     CRISIL BBB   50      Suspension
                                                                                   revoked
MBG Commodities Pvt Ltd                 CC                    CRISIL BBB   250     Suspension
                                                                                   revoked
Mercury Granites Pvt Ltd                LT Loan               CRISIL C     34.5    Downgraded
                                                                                   from CRISIL
                                                                                   B
MMTC - Pamp India Pvt Ltd               TL                    CRISIL BBB-  1385    Assigned
MMTC - Pamp India Pvt Ltd               CC                    CRISIL BBB-  250     Assigned
MMTC - Pamp India Pvt Ltd               CC#                   CRISIL BBB-  100     Assigned
#Interchangeable with Working Capital Demand Loan and Bill Discounting.
MMTC - Pamp India Pvt Ltd               CC@                   CRISIL BBB-  50      Assigned
@Interchangeable with WCDL/FCNR(B)
Mono Steel (India) Ltd                  CC                    CRISIL BBB-  650     Upgraded
                                                                                   from CRISIL
                                                                                   BB+
Mono Steel (India) Ltd                  TL                    CRISIL BBB-  750     Upgraded
                                                                                   from CRISIL
                                                                                   BB+
Morvi Vegetable Products Ltd            CC                    CRISIL BB-   150     Downgraded
                                                                                   from CRISIL
                                                                                   BB
Mydeen Timbers                          CC                    CRISIL BB-   25      Assigned
Nangalia Fabrics Pvt Ltd                BG                    CRISIL D     0.7     Reaffirmed
Nangalia Fabrics Pvt Ltd                CC                    CRISIL D     57      Reaffirmed
Nangalia Fabrics Pvt Ltd                LOC                   CRISIL D     5       Reaffirmed
Nangalia Fabrics Pvt Ltd                Packing Credit        CRISIL D     20      Reaffirmed
Nangalia Fabrics Pvt Ltd                Proposed LT Bk        CRISIL D     15      Reaffirmed
                                        Loan Fac
Nangalia Fabrics Pvt Ltd                Standby Line of       CRISIL D     5       Reaffirmed
                                        Credit
Natraj Proteins Ltd                     CC                    CRISIL BB+   36      Reaffirmed
Natraj Proteins Ltd                     Warehouse Receipts    CRISIL BB+   36      Reaffirmed
Nature Bio-Foods Ltd                    CC                    CRISIL BBB-  200     Assigned
Navbharat Insulation & Engg. Co.        CC                    CRISIL B-    33.5    Downgraded
                                                                                   from CRISIL
                                                                                   B+
Noor Impex Pvt Ltd                      CC                    CRISIL B     20      Reaffirmed
Oswal Fashion Pvt Ltd                   TL                    CRISIL B-    45      Assigned
Oswal Fashion Pvt Ltd                   Proposed LT Bk        CRISIL B-    4.5     Assigned
                                        Loan Fac
Oswal Fashion Pvt Ltd                   CC                    CRISIL B-    220     Assigned
Oswal Trends Pvt Ltd                    CC                    CRISIL B-    110     Assigned
Parekh Aluminex Ltd                     NCD                   CRISIL BB+@  1250    Downgraded
                                                                                   from CRISIL
                                                                                   BBB+
Patsar Transformers and Electricals     CC                    CRISIL B+    27.5    Downgraded
Pvt Ltd                                                                            from CRISIL
                                                                                   BB-
Pioneer Agro Extracts Ltd               TL                    CRISIL B+    10      Assigned
Pioneer Agro Extracts Ltd               CC                    CRISIL B+    62.5    Assigned
Pioneer Industries Ltd                  CC                    CRISIL BB    180     Assigned
Pioneer Industries Ltd                  TL                    CRISIL BB    211.8   Assigned
Pranjal Projects Pvt Ltd                CC                    CRISIL B+    80      Assigned
Prasad Multi Services Pvt Ltd           TL                    CRISIL B-    153.4   Assigned
Prasad Multi Services Pvt Ltd           Proposed LT Bk        CRISIL B-    56.6    Assigned
                                        Loan Fac
Prasad Multi Services Pvt Ltd           CC                    CRISIL B-    60      Assigned
Pride Coke Pvt Ltd                      CC                    CRISIL B-    110     Upgraded
                                                                                   from CRISIL
                                                                                   D
Pride Coke Pvt Ltd                      TL                    CRISIL B-    41.4    Upgraded
                                                                                   from CRISIL
                                                                                   D
R.M.R. Spinning Mill Pvt Ltd            LT Loan               CRISIL B+    28      Assigned
R.M.R. Spinning Mill Pvt Ltd            CC                    CRISIL B+    50      Assigned
Radhey Shyam Trading Co                 Proposed LT Bk        CRISIL B     10      Assigned
                                        Loan Fac
Radhey Shyam Trading Co                 Warehouse Receipts    CRISIL B     90      Assigned
Raghunath Agro Industries               Proposed LT Bk        CRISIL BBB-  255     Assigned
                                        Loan Fac
Raghunath Agro Industries               CC                    CRISIL BBB-  55      Assigned
Rajankumar & Bros (Impex)               CC                    CRISIL BB    250     Reaffirmed
Rajeshree Industries India Pvt Ltd      CC                    CRISIL BB-   200     Assigned
Rajeshree Industries India Pvt Ltd      TL                    CRISIL BB-   20      Assigned
Ramesh Corporation                      CC                    CRISIL BB+   170     Reaffirmed
RKB Mining & Infrastructure             CC                    CRISIL BB    70      Upgraded
                                                                                   from CRISIL
                                                                                   B+
S T Impex Pvt Ltd                       CC                    CRISIL B     150     Assigned
S T P Ltd                               CC                    CRISIL B+    200     Reaffirmed
Saluja Motors Pvt Ltd                   Proposed LT Bk        CRISIL BB+   180     Assigned
                                        Loan Fac
Sanjay Steel Corporation                LOC                   CRISIL B     70      Reaffirmed
Sanjay Steel Corporation                Proposed LT Bk        CRISIL B     29.9    Reaffirmed
                                        Loan Fac
Savitri Steels & Rerollings Pvt Ltd     LT Loan               CRISIL BB-   65      Assigned
Savitri Steels & Rerollings Pvt Ltd     CC                    CRISIL BB-   100     Assigned
Shree Sidhbali Steels Ltd               TL                    CRISIL B-    116.5   Assigned
Shree Sidhbali Steels Ltd               CC                    CRISIL B-    200     Assigned
SJB Automobiles Pvt Ltd                 Proposed TL           CRISIL BB    20      Assigned
SJB Automobiles Pvt Ltd                 LT Loan               CRISIL BB    15.4    Assigned
SJB Automobiles Pvt Ltd                 CC                    CRISIL BB    97      Assigned
Sree Murali Mohana Boiled and Raw       CC                    CRISIL BB+   800     Upgraded
Rice Mill Pvt Ltd                                                                  from CRISIL
                                                                                   BB
Sree Murali Mohana Boiled and Raw       TL                    CRISIL BB+   100     Assigned
Rice Mill Pvt Ltd
Sri Sai Venkateshwara Agro              TL                    CRISIL D     15      Assigned
Industries
Sri Sai Venkateshwara Agro              CC                    CRISIL D     36      Assigned
Industries
Sri Sai Venkateshwara Agro              SME Credit            CRISIL D     5       Assigned
Industries
Sri Vakirakaaliamman Spinning Mills     CC                    CRISIL B+    300     Reaffirmed
Pvt Ltd
Sri Vakirakaaliamman Spinning Mills     Proposed LT Bk        CRISIL B+    19.5    Reaffirmed
Pvt Ltd                                 Loan Fac
Sri Vakirakaaliamman Spinning Mills     TL                    CRISIL B+    89      Reaffirmed
Pvt Ltd
Supertex Industries Ltd                 Proposed LT Bk        CRISIL B+    695     Assigned
                                        Loan Fac
Suven Life Sciences Ltd                 TL                    CRISIL BB    847.7   Reaffirmed
Suven Life Sciences Ltd                 CC#                   CRISIL BB    230     Reaffirmed
#Fully Interchangeable with Export Packing Credit/Packing Credit in Foreign Currency/Bill
Discounting
Suven Life Sciences Ltd                 CC                    CRISIL BB    50      Reaffirmed
Tata Capital Financial Services Ltd     Perpetual Bonds       CRISIL AA-   2000    Reaffirmed
                                        Programme
Tata Capital Financial Services Ltd     NCD                   CRISIL AA+   10000   Assigned
Tata Capital Financial Services Ltd     NCD                   CRISIL AA+   17000   Reaffirmed
Technico Industries Ltd                 WC Demand Loan        CRISIL D     250     Assigned
Technico Industries Ltd                 TL                    CRISIL D     837.8   Assigned
Technico Industries Ltd                 BG                    CRISIL D     30      Assigned
Technico Industries Ltd                 CC*                   CRISIL D     250     Assigned
*Includes sub limit for letter of credit for Rs. 150.0 mn & packing credit/foreign bills
purchase for Rs. 50.0 mn.
Texool Ltd                              Bill Purchase-        CRISIL D     25      Downgraded
                                        Discounting Fac*                           from CRISIL
                                                                                   A4+
*Fully interchangeable with each other. The combined ceiling for Packing Credit and Bill
Purchase- Discounting Facility is Rs.75 million
Texool Ltd                              LOC                   CRISIL D     10      Downgraded
                                                                                   from CRISIL
                                                                                   A4+
Texool Ltd                              Packing Credit*       CRISIL D     60      Downgraded
                                                                                   from CRISIL
                                                                                   A4+
*Fully interchangeable with each other. The combined ceiling for Packing Credit and Bill
Purchase- Discounting Facility is Rs.75 million
Tirupati Aluminium Ltd                  CC                    CRISIL B     140     Assigned
Tribhuvan Apparels Pvt Ltd              TL                    CRISIL B     26      Assigned
Triveni Electroplast Pvt Ltd            TL                    CRISIL B+    60      Assigned
Triveni Electroplast Pvt Ltd            CC                    CRISIL B+    65      Assigned
Unistil Alcoblends Pvt Ltd              TL                    CRISIL BB    20      Assigned
Unistil Alcoblends Pvt Ltd              Proposed LT Bk        CRISIL BB    8.5     Assigned
                                        Loan Fac
Unistil Alcoblends Pvt Ltd              CC                    CRISIL BB    155     Assigned
Uttar Pradesh State Bridge              CC                    CRISIL BBB+  250     Upgraded
Corporation Ltd                                                                    from CRISIL
                                                                                   BBB
V. D. Motors Pvt Ltd                    CC                    CRISIL B+    120     Assigned
Vaishno Devi Dairy Products Pvt Ltd     CC                    CRISIL B     34      Suspended
Vaishno Devi Dairy Products Pvt Ltd     Proposed LT Bk        CRISIL B     121.4   Suspended
                                        Loan Fac
Vaishno Devi Dairy Products Pvt Ltd     TL                    CRISIL B     54.6    Suspended
Varadharaja Foods Pvt Ltd               CC                    CRISIL D     32.5    Reaffirmed
Varadharaja Foods Pvt Ltd               TL                    CRISIL D     20      Reaffirmed
Varadharaja Foods Pvt Ltd               LOC                   CRISIL D     15      Reaffirmed
Varadharaja Foods Pvt Ltd               Proposed LT Bk        CRISIL D     3.8     Assigned
                                        loan Fac
Vintech Industries Pvt Ltd              CC                    CRISIL BB-   2       Downgraded
                                                                                   from CRISIL
                                                                                   BB
Vintech Industries Pvt Ltd              Rupee TL              CRISIL BB-   122     Downgraded
                                                                                   from CRISIL
                                                                                   BB
Wacker Chemie India Pvt Ltd             Overdraft Fac         CRISIL A     155     Reaffirmed
Western UP Tollway Ltd                  TL                    CRISIL D     3.85    Reaffirmed
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.

BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.

(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at
rru.data@thomsonreuters.com)
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