CRISIL ratings for Indian debt instruments-Apr 1- Part II

Mon Apr 1, 2013 4:46pm IST

Apr 1 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India
(CRISIL) for local debt instruments as of 28,29 & 30 March 2013.(Part II)

COMPANY                                 INSTRUMENT            RATING       AMOUNT  MOVEMENT
                                                                          (RS.MLN)
------                                  ----------            ------       -----   ---------
Hansa Metallics Ltd                     TL                    CRISIL BBB-  150.6   Assigned
Hansa Metallics Ltd                     Standby Line of       CRISIL BBB-  50      Assigned
                                        Credit
Hansa Metallics Ltd                     CC                    CRISIL BBB-  720     Assigned
Hansa Metallics Ltd                     Corporate Loan        CRISIL BBB-  89.4    Assigned
Hariharan Spinners Ltd                  CC                    CRISIL B+    40      Suspended
Hariharan Spinners Ltd                  LT Loan               CRISIL B+    149.8   Suspended
Harmony Laminates Pvt Ltd               CC                    CRISIL BB-   40      Assigned
Harmony Laminates Pvt Ltd               TL                    CRISIL BB-   47.6    Assigned
Harmony Laminates Pvt Ltd               Proposed LT Bk Loan   CRISIL BB-   0.4     Assigned
                                        Fac
Haryana Steel Mongers Pvt Ltd           CC                    CRISIL BB-   99.9    Suspended
Hero MotoCorp Ltd                       NCDs Programme        CRISIL AAA   150     Reaffirmed
Hero MotoCorp Ltd                       CC Limit@             CRISIL AAA   7261    Reaffirmed
@Interchangeable with non-fund based facility to the extent of Rs.4440 Million.
Hero MotoCorp Ltd                       Proposed LT Bk Loan   CRISIL AAA   1429    Reaffirmed
                                        Fac
Hero MotoCorp Ltd                       FD Programme          FAAA         -       Reaffirmed
Hills Trade Agencies                    CC                    CRISIL B+    80      Suspended
Hills Trade Agencies                    Proposed LT Bk Loan   CRISIL B+    1.4     Suspended
                                        Fac
Hills Trade Agencies                    TL                    CRISIL B+    203.6   Suspended
Hindusthan Distilleries                 CC                    CRISIL B+    50      Assigned
(Karnataka) Pvt Ltd
Hindusthan Distilleries                 Proposed LT Bk Loan   CRISIL B+    40      Assigned
(Karnataka) Pvt Ltd                     Fac
Hindusthan Malleables and Forgings      CC                    CRISIL BB    55      Reaffirmed
Ltd
Hi-Power Electrical Industries          CC                    CRISIL BB    75      Assigned
IDT Clothing Pvt Ltd                    TL                    CRISIL B     8       Reaffirmed
India Infoline Ltd                      NCDs                  CRISIL AA-   1000    Reaffirmed
IndianOil Petronas Pvt Ltd              Proposed TL           CRISIL AA+   110     Reaffirmed
IndianOil Petronas Pvt Ltd              TL                    CRISIL AA+   3140    Reaffirmed
J. Kamakshi                             TL                    CRISIL D     80      Assigned
J. Ramachandraiah                       Proposed LT Bk Loan   CRISIL D     70      Assigned
                                        Fac
Jai Industries                          CC                    CRISIL BBB-  30      Assigned
Jai Industries                          Proposed LT Bk Loan   CRISIL BBB-  10.5    Assigned
                                        Fac
Jay Iron and Steel Ltd                  CC                    CRISIL D     90      Downgraded
                                                                                   from CRISIL
                                                                                   BB
Jay Iron and Steel Ltd                  LT Loan               CRISIL D     110     Downgraded
                                                                                   from CRISIL
                                                                                   BB
Jayaraj International Pvt Ltd           CC                    CRISIL B+    40      Assigned
Jineshwar Engineers (Civil) Pvt Ltd     CC                    CRISIL B     30      Reaffirmed
Jivanlal Joitaram Patel                 BG                    CRISIL D     150     Suspended
Jivanlal Joitaram Patel                 CC                    CRISIL D     130     Suspended
Kakatiyan Medical Services Pvt Ltd      TL                    CRISIL B     60      Assigned
Kakatiyan Medical Services Pvt Ltd      Proposed LT           CRISIL B     2.5     Assigned
Kakatiyan Medical Services Pvt Ltd      CC                    CRISIL B     2.5     Assigned
Kakatiyan Medical Services Pvt Ltd      Hire Purchase Loan    CRISIL B     30      Assigned
Kalindi Ispat Pvt Ltd                   CC                    CRISIL B+    87.5    Suspended
Kalindi Ispat Pvt Ltd                   LT Loan               CRISIL B+    131.4   Suspended
KE Technical Textiles Pvt Ltd           CC                    CRISIL BBB   55      Assigned
Keerthi Rice Industries                 Proposed CC Limit     CRISIL B+    12.5    Assigned
Keerthi Rice Industries                 CC                    CRISIL B+    40      Assigned
Keerthi Rice Industries                 LT Loan               CRISIL B+    27.5    Assigned
Konark Infrastructure Ltd               Overdraft Fac         CRISIL BBB-  30      Reaffirmed
Konark Infrastructure Ltd               CC                    CRISIL BBB-  907.3   Reaffirmed
Konark Infrastructure Ltd               TL                    CRISIL BBB-  850     Reaffirmed
Konkan Railway Corporation Ltd          bonds                 CRISIL AAA(SO)17400  Reaffirmed
*Outstanding as on March 31, 2012, refer to annexure for details
Konkan Railway Corporation Ltd          bonds                 CRISIL AAA(SO)580     Withdrawn
*Outstanding as on March 31, 2012, refer to annexure for details
Krantiveer Vasantrao Narayanrao         TL                    CRISIL D     188.7   Downgraded
Naik Shikshan Prasarak Sanstha                                                     from CRISIL
                                                                                   B-
KSM Nirman Pvt Ltd                      CC                    CRISIL BB+   600     Assigned
Kumar Cotton Mills Pvt Ltd              CC                    CRISIL B+    72.7    Suspended
Kumar Cotton Mills Pvt Ltd              LT Loan               CRISIL B+    38.3    Suspended
Laggar Industries Ltd                   CC                    CRISIL B     140     Assigned
Leighton Welspun Contractors Pvt Ltd    BG*                   CRISIL A+@   1514    
*This facility is a bank guarantee of Rs.1.51 billion and is interchangeable with 
the following facilities subject to fund-based facility sub-limits of Rs.0.3 billion:
 1) Financial Guarantee/standby Letter of Credit of Rs.0.27 billion
 2)Short term Loan of Rs.0.20 billion 3) Overdraft of Rs.0.30 billion
Leighton Welspun Contractors Pvt        BG**                  CRISIL A+@   3109    
Ltd
**This facility is a bank guarantee of Rs.3.10 billion and is interchangeable 
with the following facilities subject to fund-based facility sub-limits of Rs.0.3 billion: 
1) Short term Loan of Rs.0.20 billion 2) Overdraft of Rs.0.30 billion
Leighton Welspun Contractors Pvt        BG***                 CRISIL A+@   1100    
Ltd
***This is a working capital facility, which is interchangeable with the following
facilities subject to sub limits of 1) Bank guarantee of Rs.1.10 billion 
2) Guarantee-open ended of Rs.0.65 billion 3) Working capital loan of Rs.1.10 billion 
with an overdraft sublimit of Rs.0.05 billion 4) Import documentary credit 
of Rs.1.10 billion 5) Import deferred payment credit & Buyers Credit of Rs.1.10 billion
Leighton Welspun Contractors Pvt        BG                    CRISIL A+ @  10200  
Ltd
Leighton Welspun Contractors Pvt        CC#                   CRISIL A+ @  300    
Ltd
#Interchangeable with Bank Guarantee
Leighton Welspun Contractors Pvt        Overdraft Fac^        CRISIL A+ @  250     
Ltd
^ Interchangeable with non-fund based facilities
Leighton Welspun Contractors Pvt        Proposed LT Bk Loan   CRISIL A+ @  977    
Ltd
Leighton Welspun Contractors Pvt        Proposed NFBL         CRISIL A+ @ 16630  
Ltd
Leighton Welspun Contractors Pvt        TL                    CRISIL A+@   920  
Ltd
Limson Engineering Pvt Ltd              TL                    CRISIL B+    3.6     Assigned
Limson Engineering Pvt Ltd              CC                    CRISIL B+    45      Assigned
Limson Engineering Pvt Ltd              Proposed LT Bk Loan   CRISIL B+    51.4    Assigned
                                        Fac
Lotus Farms                             TL                    CRISIL BB+   126     Assigned
Lotus Farms                             Proposed TL           CRISIL BB+   15      Assigned
Lotus Farms                             Proposed LT Bk Loan   CRISIL BB+   52.9    Assigned
                                        Fac
Lotus Farms                             CC                    CRISIL BB+   46.1    Assigned
Lotus Farms                             Proposed CC Limit     CRISIL BB+   410     Assigned
Lotus Poultries Pvt Ltd                 TL                    CRISIL B     146.8   Assigned
Lotus Poultries Pvt Ltd                 CC                    CRISIL B     61.4    Assigned
Lotus Poultries Pvt Ltd                 Proposed LT Bk Loan   CRISIL B     1.8     Assigned
                                        Fac
M/s. Mahavishnu Rice Industries         Proposed LT Bk Loan   CRISIL B+    15      Assigned
                                        Fac
M/s. Mahavishnu Rice Industries         Proposed CC Limit     CRISIL B+    25      Assigned
M/s. Mahavishnu Rice Industries         CC                    CRISIL B+    40      Assigned
M/s. Mahavishnu Rice Industries         LT Loan               CRISIL B+    20      Assigned
M K K Metal Sections Pvt Ltd            CC                    CRISIL B+    250     Assigned
M. M. Patel Public Charitable           Proposed LT Bk Loan   CRISIL B     1150    Assigned
Trust                                   Fac
M. M. Patel Public Charitable           TL                    CRISIL B     300     Assigned
Trust
M.N.S. Metal and Profiles Pvt Ltd       CC                    CRISIL B+    120     Assigned
Maa Samleswari Industries Pvt Ltd       BG                    CRISIL D     10      Downgraded
                                                                                   from CRISIL
                                                                                   BB-
Mahajan Tyre Company                    CC                    CRISIL B     75      Assigned
Mahanagar Telephone Nigam Ltd           NCD Programme         CRISIL AAA(SO)30000  Assigned
Majestique Mantra Elegance              CC                    CRISIL B     30      Assigned
Majestique Mantra Elegance              TL                    CRISIL B     70      Assigned
Manasa Rice Industry                    CC                    CRISIL B+    46      Upgraded
                                                                                   from 
                                                                                   CRISIL B
Manasa Rice Industry                    LT Loan               CRISIL B+    19      Upgraded
                                                                                   from 
                                                                                   CRISIL B
Mangal Textile Mills (India) Pvt        CC                    CRISIL BBB-  81.8    Assigned
Ltd
Mangal Textile Mills (India) Pvt        TL                    CRISIL BBB-  333.2   Assigned
Ltd
Manpasand Beverages Pvt Ltd             TL                    CRISIL BBB-  277     Reaffirmed
Manpasand Beverages Pvt Ltd             CC                    CRISIL BBB-  145     Reaffirmed
Manpasand Beverages Pvt Ltd             Proposed LT Bk Loan   CRISIL BBB-  13.4    Reaffirmed
                                        Fac
Mansha Agencies Pvt Ltd                 CC                    CRISIL BBB-  250     Reaffirmed
Margo Plywood Pvt Ltd                   CC                    CRISIL B     35      Assigned
Margo Plywood Pvt Ltd                   TL                    CRISIL B     10      Assigned
Margo Plywood Pvt Ltd                   Proposed LT Bk Loan   CRISIL B     2       Assigned
                                        Fac
Margo Plywood Pvt Ltd                   Proposed LT Bk Loan   CRISIL B     8       Assigned
                                        Fac
Maya Retail Ltd                         CC                    CRISIL B-    65      Upgraded
                                                                                   from CRISIL
                                                                                   D
Maya Retail Ltd                         Proposed LT Bk Loan   CRISIL B-    33.7    Upgraded
                                        Fac                                        from CRISIL
                                                                                   D
Mecwel Constructions                    Overdraft Fac         CRISIL B+    35      Reaffirmed
Mecwel Constructions                    Foreign Bill          CRISIL B+    35      Assigned
                                        Discounting
Mecwel Constructions                    LT Loan               CRISIL B+    30      Assigned
Mittal Global Cot. Industries           CC                    CRISIL B+    60      Assigned
Mittal Global Cot. Industries           TL                    CRISIL B+    17      Assigned
Naidunia Media Pvt Ltd                  CC                    CRISIL BB    60      Suspended
Naidunia Media Pvt Ltd                  LT Loan               CRISIL BB    50      Suspended
Namdhari Rice & General Mills           CC                    CRISIL B-    50      Suspended
Namdhari Rice & General Mills           Proposed LT Bk Loan   CRISIL B-    350     Suspended
                                        Fac
Namdhari Rice & General Mills           Rupee TL              CRISIL B-    20      Suspended
Narmada Bio-Chem Pvt Ltd                CC                    CRISIL BBB-  270     Reaffirmed
Narmada Bio-Chem Pvt Ltd                TL                    CRISIL BBB-  113.8   Reaffirmed
National Highways Authority of          NCDs                  CRISIL AAA   40000   Assigned
India
National Highways Authority of          Tax-free Bonds        CRISIL AAA   100000  Reaffirmed
India
National Highways Authority of          LT Borrowing          CRISIL AAA   90000   Reaffirmed
India                                   Programme
New Stone Quarry                        WC Demand Loan        CRISIL B+    42.5    Assigned
New Stone Quarry                        CC                    CRISIL B+    30      Assigned
New Stone Quarry                        TL                    CRISIL B+    8.4     Assigned
Nimit Steels and Alloys Pvt Ltd         CC**                  CRISIL BB+   250     Assigned
* *interchangeable with buyer credit
Nirmala Automobiles Pvt Ltd             Proposed LT Bk Loan   CRISIL BB    33      Assigned
                                        Fac
Nirmala Automobiles Pvt Ltd             LT Loan               CRISIL BB    2       Assigned
Nirmala Automobiles Pvt Ltd             CC                    CRISIL BB    30      Assigned
Nirmala Automobiles Pvt Ltd             Channel Financing     CRISIL BB    95      Assigned
Orson Holdings Co. Ltd                  CC                    CRISIL BB+   80      Reaffirmed
Orson Holdings Co. Ltd                  LT Loan               CRISIL BB+   40      Reaffirmed
Osho Forge Ltd                          CC                    CRISIL BB    210     Assigned
Osho Forge Ltd                          TL                    CRISIL BB    140     Assigned
Osho Gears and Pinion Ltd               TL                    CRISIL BB    50      Assigned
Osho Gears and Pinion Ltd               CC                    CRISIL BB    70      Assigned
Osho Gears and Pinion Ltd               Proposed LT Bk Loan   CRISIL BB    60      Assigned
                                        Fac
Paltech Cooling Towers and              Proposed LT Bk Loan   CRISIL BB+   5.8     Assigned
Equipments Ltd                          Fac
Paltech Cooling Towers and              Corporate Loan        CRISIL BB+   10      Assigned
Equipments Ltd
Paltech Cooling Towers and              CC                    CRISIL BB+   180     Assigned
Equipments Ltd
Paltech Cooling Towers and              TL                    CRISIL BB+   5.7     Assigned
Equipments Ltd
Pami Metals Pvt Ltd                     CC                    CRISIL B+    95      Suspended
Pami Metals Pvt Ltd                     Proposed LT Bk Loan   CRISIL B+    25      Suspended
                                        Fac
Pami Metals Pvt Ltd                     Standby Line of       CRISIL B+    19      Suspended
                                        Credit
Panatone Finvest Ltd                    NCDs                  CRISIL AAA(SO2000    Reaffirmed
Pankaj Glass Works Ltd                  TL                    CRISIL BB    99      Assigned
Pankaj Glass Works Ltd                  Proposed CC Limit     CRISIL BB    10      Assigned
Pankaj Glass Works Ltd                  CC                    CRISIL BB    50      Assigned
Pate Developers                         TL                    CRISIL BB    200     Assigned
Polyspin Exports Ltd                    CC                    CRISIL BB-   63.5    Reaffirmed
Polyspin Exports Ltd                    TL                    CRISIL BB-   119.4   Reaffirmed
Precision Engineering Corporation       CC                    CRISIL B     30      Suspended
Precision Engineering Corporation       Proposed LT Bk Loan   CRISIL B     5.4     Suspended
                                        Fac
Prestige City Developers Pvt Ltd        TL                    CRISIL B-    76.6    Suspended
Prince Containers Pvt Ltd               TL                    CRISIL BB    120     Assigned
Prince Containers Pvt Ltd               CC                    CRISIL BB    50      Assigned
PRT Hotels Pvt Ltd                      LT Loan               CRISIL B-    280     Assigned
R D Golden Jewels Pvt Ltd               CC                    CRISIL B+    70*     Assigned
*Interchangeable with Foreign Letter of Credit to the extent of 20 million
R M Dasa Infrastructure Pvt Ltd         CC                    CRISIL BB+   30      Reaffirmed
R R Durafabs Pvt Ltd                    Overdraft Fac         CRISIL B     30      Assigned
R. R. Energy Ltd                        CC                    CRISIL BB+   40      Reaffirmed
R. R. Energy Ltd                        TL                    CRISIL BB+   689     Reaffirmed
R. R. Energy Ltd                        Proposed CC Limit     CRISIL BB+   200     Reaffirmed
Radiant Info Systems Ltd                TL                    CRISIL BB-   26.6    Assigned
Radiant Info Systems Ltd                Proposed TL           CRISIL BB-   8.4     Assigned
Radiant Info Systems Ltd                CC                    CRISIL BB-   25      Assigned
Raj Waterscape Properties Pvt Ltd       CC                    CRISIL B     250     Assigned
Rajpal Cargo Movers Ltd                 CC                    CRISIL B     50      Assigned
Rajpal Cargo Movers Ltd                 TL                    CRISIL B     22.3    Assigned
Ramji Acro Ltd                          CC                    CRISIL B+    70      Assigned
Ramji Acro Ltd                          TL                    CRISIL B+    55      Assigned
Ravian Engineers (India) Pvt Ltd        CC                    CRISIL B+    50      Upgraded
                                                                                   from 
                                                                                   CRISIL B
Ravian Engineers (India) Pvt Ltd        Proposed LT Bk Loan   CRISIL B+    14.2    Upgraded
                                        Fac                                        from 
                                                                                   CRISIL B
Ravian Engineers (India) Pvt Ltd        TL                    CRISIL B+    0.5     Upgraded
                                                                                   from 
                                                                                   CRISIL B
Rayontex Yarn Traders Pvt Ltd           Proposed LT Bk Loan   CRISIL BB    30      Assigned
                                        Fac
Rayontex Yarn Traders Pvt Ltd           CC                    CRISIL BB    60      Assigned
Richlook Garments Pvt Ltd               CC                    CRISIL BB-   275     Assigned
Richlook Garments Pvt Ltd               TL                    CRISIL BB-   5       Assigned
Ridhi Sidhi Iron Pvt Ltd                CC                    CRISIL B+    80      Assigned
Ridhi Sidhi Iron Pvt Ltd                TL                    CRISIL B+    64.5    Assigned
Rinkoo Processors Ltd                   CC                    CRISIL B     10      Suspended
Rinkoo Processors Ltd                   Overdraft Fac         CRISIL B     10      Suspended
Rinkoo Processors Ltd                   Rupee TL              CRISIL B     31.2    Suspended
Sabari Foundations Pvt Ltd              LT Loan               CRISIL B     110*    Assigned
* Includes a sub limit of Rs.50 Million for letter of credit
Sabari Industries Pvt Ltd               CC                    CRISIL D     97      Suspended
Sabari Industries Pvt Ltd               LOC                   CRISIL D     52      Suspended
Sabari Industries Pvt Ltd               LT Loan               CRISIL D     91      Suspended
Sainath Autolinks Pvt Ltd               TL                    CRISIL D     75      Assigned
Sainath Autolinks Pvt Ltd               CC                    CRISIL D     63      Assigned
Sainath Autolinks Pvt Ltd               Proposed LT Bk Loan   CRISIL D     82      Assigned
                                        Fac
Sakthi Joineries                        Proposed LT Bk Loan   CRISIL C     57.5    Assigned
                                        Fac
Sakthi Joineries                        CC                    CRISIL C     20      Assigned
San Media Ltd                           CC                    CRISIL B+    20      Suspended
San Media Ltd                           LT Loan               CRISIL B+    45      Suspended
Sangani Infrastructure India Pvt        Proposed LT Bk Loan   CRISIL BB-   700     Assigned
Ltd                                     Fac
Sangani Infrastructure India Pvt        TL                    CRISIL BB-   150     Assigned
Ltd
Sanjay Chemicals (India) Pvt Ltd        CC                    CRISIL BB+   98.5    Assigned
Sanjay Chemicals (India) Pvt Ltd        Proposed LT Bk Loan   CRISIL BB+   16.5    Assigned
                                        Fac
Shanti Chemical Works                   LT Loan               CRISIL B+    12.4    Assigned
Shanti Chemical Works                   CC                    CRISIL B+    70      Assigned
Sharp Global Ltd                        Proposed LT Bk Loan   CRISIL BBB-  150     Assigned
                                        Fac
Shayburg Valves Pvt Ltd                 TL                    CRISIL BBB-  22.2    Assigned
Shayburg Valves Pvt Ltd                 CC                    CRISIL BBB-  30      Assigned
Shivkrupa Cotton Industries             TL                    CRISIL B     30      Assigned
Shivkrupa Cotton Industries             CC                    CRISIL B     30      Assigned
Shivkrupa Cotton Industries             Proposed LT Bk Loan   CRISIL B     20      Assigned
                                        Fac
Shree Raghuvanshi Fibers Pvt Ltd        CC                    CRISIL B-    100     Suspended
Shree Raghuvanshi Fibers Pvt Ltd        Rupee TL              CRISIL B-    22.2    Suspended
Shree Sachidanand Industries Pvt        CC                    CRISIL D     38      Downgraded
Ltd                                                                                from 
                                                                                   CRISIL B
Shree Sachidanand Industries Pvt        TL                    CRISIL D     82      Downgraded
Ltd                                                                                from
                                                                                   CRISIL B
Shree Sakthi Modern Flush Doors         Proposed LOC          CRISIL D     5       Assigned
Shree Sakthi Modern Flush Doors         Proposed CC Limit     CRISIL D     7.5     Assigned
Shree Sakthi Modern Flush Doors         LT Loan               CRISIL D     15      Assigned
Shree Sakthi Modern Flush Doors         LOC                   CRISIL D     22.5    Assigned
Shree Sakthi Modern Flush Doors         BG                    CRISIL D     25      Assigned
Shree Sakthi Modern Flush Doors         CC                    CRISIL D     20      Assigned
Shri Ram Murti Smarak Trust             CC                    CRISIL BBB+  25      Assigned
Shri Ram Murti Smarak Trust             TL                    CRISIL BBB+  435     Assigned
Shumathy Spinning Mills Pvt Ltd         TL                    CRISIL BB-   58      Assigned
Shumathy Spinning Mills Pvt Ltd         CC                    CRISIL BB-   75      Assigned
Shyam Tex Exports Ltd                   Rupee TL              CRISIL BB    58.5    Suspended
Sidana Educational and Welfare          TL                    CRISIL D     61.5    Assigned
Society
Singhal Polytech Ltd                    CC                    CRISIL B     55.5    Assigned
Sir Padampat Singhania University       Rupee TL              CRISIL BBB   110     Assigned
Sir Padampat Singhania University       Proposed LT Bk Loan   CRISIL BBB   40      Assigned
                                        Fac
Sleek Knitwears                         TL                    CRISIL BB-   37.4    Assigned
Sleek Knitwears                         Standby Line of       CRISIL BB-   15      Assigned
                                        Credit
Sleek Knitwears                         CC                    CRISIL BB-   136.1   Assigned
Smt. Ramrakhi Murti Smarak Trust        TL                    CRISIL BB-   200     assigned
Solaris Ceramics Pvt Ltd                TL                    CRISIL BBB-  274.7   Assigned
Solaris Ceramics Pvt Ltd                Proposed LT Bk Loan   CRISIL BBB-  6.3     Assigned
                                        Fac
Solaris Ceramics Pvt Ltd                CC*#                  CRISIL BBB-  180     Assigned
* Includes Sub Limits of Rs.90.0 million as Book Debt
Span Diagnostics Ltd                    LOC                   CRISIL A3    90      Assigned
Span Diagnostics Ltd                    CC                    CRISIL BBB-  200     Assigned
Span Diagnostics Ltd                    Rupee TL              CRISIL BBB-  60      Assigned
Span Diagnostics Ltd                    Corporate Loan        CRISIL BBB-  59.4    Assigned
Span Diagnostics Ltd                    Proposed LT Bk Loan   CRISIL BBB-  6.2     Assigned
                                        Fac
Sri Lakshmi Educational Foundation      Proposed LT Bk Loan   CRISIL B-    10      Assigned
                                        Fac
Sri Lakshmi Educational Foundation      LT Loan               CRISIL B-    52      Assigned
Sri Lakshmi Educational Foundation      Overdraft Fac         CRISIL B-    5       Assigned
Sri Ramnarayan Mills Ltd                CC                    CRISIL B     26      Suspended
Sri Ramnarayan Mills Ltd                TL                    CRISIL B     32.8    Suspended
Sri Venkata Padmavathi Paddy            CC                    CRISIL B     30      Assigned
Processors Pvt Ltd
Sri Venkata Padmavathi Paddy            LT Loan               CRISIL B     30      Assigned
Processors Pvt Ltd
Sri Viswasanthi Educational             TL                    CRISIL BB    45.1    Assigned
Institutions Pvt Ltd
Sri Viswasanthi Educational             CC                    CRISIL BB    20      Assigned
Institutions Pvt Ltd
Sri Viswasanthi Educational             Proposed LT Bk Loan   CRISIL BB    47      Assigned
Institutions Pvt Ltd                    Fac
Steelbird Hi-Tech India Ltd             CC                    CRISIL BBB+  50      Assigned
Steelman Rolling Mills Pvt Ltd          CC                    CRISIL B+    60      Assigned
Steelman Rolling Mills Pvt Ltd          TL                    CRISIL B+    10      Assigned
STS Products Inc.                       CC**                  CRISIL A     135.5   Assigned
**USD 2.5 Million cash credit converted to INR 
(based on the March 21, 2013 exchange rate of Rs.54.22 per USD.
STS Products Inc.                       TL^                   CRISIL A     203.3   Assigned
^USD 3.75 Million term loan converted to INR 
(based on the March 21, 2013 exchange rate of Rs.54.22 per USD.
Sunderdeep Educational Society          TL                    CRISIL BB    200     assigned
Sunrise Metallic India Pvt Ltd          TL                    CRISIL B     2.9     Assigned
Sunrise Metallic India Pvt Ltd          CC                    CRISIL B     250     Assigned
Suryaa Sponge Iron Ltd                  BG                    CRISIL D     1       Suspended
Suryaa Sponge Iron Ltd                  CC                    CRISIL D     40      Suspended
Suryaa Sponge Iron Ltd                  LOC                   CRISIL D     10      Suspended
Suryaa Sponge Iron Ltd                  LT Loan               CRISIL D     96.2    Suspended
Suryaa Sponge Iron Ltd                  Proposed LT Bk Loan   CRISIL D     52.8    Suspended
                                        Fac
SVSVS Projects (P) Ltd                  CC                    CRISIL B+    25      Reaffirmed
Swadeshi Textiles Pvt Ltd               BG                    CRISIL A4    45      Upgraded 
                                                                                   from
                                                                                   CRISIL D
Swadeshi Textiles Pvt Ltd               CC                    CRISIL B-    60      Upgraded
                                                                                   from
                                                                                   CRISIL D
Swadeshi Textiles Pvt Ltd               LT Loan               CRISIL B-    95      Upgraded
                                                                                   from
                                                                                   CRISIL D
Swastik Ceracon Ltd                     CC                    CRISIL B     120     Suspended
Swastik Ceracon Ltd                     LT Loan               CRISIL B     294.1   Suspended
Swastik Ceracon Ltd                     Proposed LT Bk Loan   CRISIL B     15.9    Suspended
                                        Fac
Swastik Traders                         CC                    CRISIL B+    50      Assigned
Swastik Traders                         Proposed LT Bk Loan   CRISIL B+    30      Assigned
                                        Fac
Swati Energy and Projects Pvt Ltd       Letter Of Guarantee   CRISIL A3    150     Reaffirmed
Swati Energy and Projects Pvt Ltd       LOC                   CRISIL A3    20      Reaffirmed
Swati Energy and Projects Pvt Ltd       CC^                   CRISIL BBB-  95      Reaffirmed
^ Fully interchangeable with Letter of Credit (LC)
Swati Energy and Projects Pvt Ltd       Cheque Discounting^   CRISIL BBB-  5       Reaffirmed
^ Fully interchangeable with Letter of Credit (LC)
Tata Autocomp Systems Ltd               LOC^                  CRISIL A1+   700     Reaffirmed
Tata Autocomp Systems Ltd               CC                    CRISIL AA-   1450    Reaffirmed
Tata Autocomp Systems Ltd               LT Loan               CRISIL AA-   140     Reaffirmed
Tata Autocomp Systems Ltd               Proposed TL           CRISIL AA-   250     Reaffirmed
Tata Teleservices (Maharashtra)         CC                    CRISIL A     2750    Reaffirmed
Ltd
* Interchangeable between Fund Based & Non Fund Based limits to the extent of Rs.1500 Million
Tata Teleservices (Maharashtra)         LT Loan               CRISIL A     10910   Reaffirmed
Ltd
Tata Teleservices (Maharashtra)         Proposed LT Bk Loan   CRISIL A     2840    Reaffirmed
Ltd                                     Fac
Tata Teleservices Ltd                   LT Loan               CRISIL A     101.72  Reaffirmed
Tata Teleservices Ltd                   CC                    CRISIL A     2.1     Reaffirmed
Tata Teleservices Ltd                   Proposed CC           CRISIL A     0.55    Reaffirmed
Tessitura Monti India Pvt Ltd           CC                    CRISIL BBB+  250*    Reaffirmed
*Interchangeable with Packing Credit, Bill Discounting, Letter of Credit
Tessitura Monti India Pvt Ltd           TL                    CRISIL BBB+  1046.1  Reaffirmed
The Jeypore Sugar Co. Ltd               CC                    CRISIL D     940     Assigned
The Jeypore Sugar Co. Ltd               LT Loan               CRISIL D     2680    Assigned
Tirupati Balaji Extrusion Pvt Ltd       CC                    CRISIL B     35      Reaffirmed
Tirupati Balaji Extrusion Pvt Ltd       TL                    CRISIL B     45      Reaffirmed
Tocco Ceramic Pvt Ltd                   TL                    CRISIL BBB-  174.1   Assigned
Tocco Ceramic Pvt Ltd                   CC                    CRISIL BBB-  120     Assigned
Tolar Ocean Products Pvt Ltd            TL                    CRISIL B+    30      Assigned
Transcon Industries                     CC                    CRISIL BB    90      Assigned
Universal Coatings Pvt Ltd              CC                    CRISIL B     55      assigned
Universal Converters Pvt Ltd            CC                    CRISIL B     69      Assigned
Vamshi Sai Rice Industries              SME Credit            CRISIL B+    2.5     Assigned
Vamshi Sai Rice Industries              Proposed LT Bk Loan   CRISIL B+    10      Assigned
                                        Fac
Vamshi Sai Rice Industries              LT Loan               CRISIL B+    20      Assigned
Vamshi Sai Rice Industries              CC                    CRISIL B+    37.5    Assigned
Varda Projects (India) Pvt Ltd          BG                    CRISIL A4    56      assigned
Varda Projects (India) Pvt Ltd          TL                    CRISIL B     34      assigned
Varda Projects (India) Pvt Ltd          CC                    CRISIL B     60      assigned
Varmora Granito Pvt Ltd                 TL                    CRISIL BBB-  77.5    Assigned
Varmora Granito Pvt Ltd                 Proposed LT Bk Loan   CRISIL BBB-  0.8     Assigned
                                        Fac
Varmora Granito Pvt Ltd                 Corporate Loan        CRISIL BBB-  40      Assigned
Varmora Granito Pvt Ltd                 CC*                   CRISIL BBB-  320     Assigned
Varun Beverages Ltd                     Proposed TL           CRISIL A     2676.4  Upgraded from
                                                                                   CRISIL A
Varun Beverages Ltd                     CC                    CRISIL A     2535    Assigned
Veendeep Oiltek Exports                 Proposed LT Bk Loan   CRISIL BB    45      Assigned
                                        Fac
Veendeep Oiltek Exports                 CC                    CRISIL BB    3.5     Assigned
Vertellus Specialty Materials           LOC                   CRISIL A4+   3.5     Reaffirmed
(India) Pvt Ltd
Vertellus Specialty Materials           BG                    CRISIL A4+   5       Reaffirmed
(India) Pvt Ltd
Vertellus Specialty Materials           CC and WC Demand      CRISIL BB+   60      Reaffirmed
(India) Pvt Ltd                         Loan
Vertellus Specialty Materials           Proposed LT Bk Loan   CRISIL BB+   5.8     Reaffirmed
(India) Pvt Ltd                         Fac
Vertellus Specialty Materials           TL                    CRISIL BB+   50.6    Reaffirmed
(India) Pvt Ltd
Vishnu Carriers Pvt Ltd                 CC                    CRISIL D     90      Downgraded
                                                                                   from CRISIL
                                                                                   B+
Vishnu Carriers Pvt Ltd                 Proposed LT Bk Loan   CRISIL D     1       Downgraded
                                        Fac                                        from CRISIL
                                                                                   B+
Vishnu Carriers Pvt Ltd                 TL                    CRISIL D     8       Downgraded
                                                                                   from CRISIL
                                                                                   B+
Vitagreen Products Pvt Ltd              CC                    CRISIL B-    28      Assigned
Vitagreen Products Pvt Ltd              Rupee TL              CRISIL B-    22      Assigned
Vivanta Ceramic Pvt Ltd                 TL                    CRISIL BB-   43.3    assigned
Vivanta Ceramic Pvt Ltd                 CC                    CRISIL BB-   20*     assigned
*Includes a sub limit of Rs.10.0 million of Cash Credit
VPS Silk Fabrics Pvt Ltd                CC                    CRISIL B+    82.5    Suspended
VPS Silk Fabrics Pvt Ltd                LT Loan               CRISIL B+    22.1    Suspended
Wales Distiller Pvt Ltd                 CC                    CRISIL D     15      Assigned
Wales Distiller Pvt Ltd                 TL                    CRISIL D     47.5    Assigned
--------------------------------------------------------------------------------------------
$: 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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