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CRISIL ratings for Indian debt instruments-May 31
May 31, 2017 / 9:33 AM / 4 months ago

CRISIL ratings for Indian debt instruments-May 31

    May 31 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of May 30, 2017.


COMPANY                                 INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                         (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Abacus                                  BG                 CRISIL A4      11      Reaffirmed
                                                           (Issuer Not
                                                           Cooperating)
Adnan Traders                           Packing Credit     CRISIL A4      70      Reaffirmed
Adnan Traders                           Proposed ST Bk     CRISIL A4      10      Reaffirmed
                                        Loan Fac
Adpro Ceramics India Pvt Ltd            BG                 CRISIL A4      2.5     Reaffirmed
Adpro Ceramics India Pvt Ltd            Bill Purchase      CRISIL A4      20      Reaffirmed
Adpro Ceramics India Pvt Ltd            LOC                CRISIL A4      12      Reaffirmed
Amit Capacitors Ltd                     LOC                CRISIL A4      60      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Arun Polymers                           LOC                CRISIL A4      75.5    Reaffirmed
Issuer Not Cooperating
Arun Polymers                           Proposed ST Bk     CRISIL A4      9       Reaffirmed
                                        Loan Fac
Issuer Not Cooperating
Arun Polymers                           BG                 CRISIL A4      1.5     Reaffirmed
Issuer Not Cooperating
Aspire Systems India Pvt Ltd            Packing Credit in  CRISIL A2+     150     Reaffirmed
                                        Foreign Currency
Avaneesh Logistics Pvt Ltd              BG                 CRISIL A4+     40      Reaffirmed
Balkrishna Industries Ltd               LOC & BG*          CRISIL A1+     3600    Reaffirmed
*Includes Rs 100 crore interchangeable as packing credit    
Balkrishna Industries Ltd               Packing Credit     CRISIL A1+     4550    Reaffirmed
Buland Construction                     BG                 CRISIL A4+     67.5    Reaffirmed
Buland Construction                     Overdraft          CRISIL A4+     20      Reaffirmed
Chandi Mata Cold Storage Pvt Ltd        BG                 CRISIL A4      1       Reaffirmed
Issuer Not Cooperating
Divya Global Pvt Ltd                    Foreign            CRISIL A4+     20      Reaffirmed
                                        Discounting Bill
                                        Purchase
East End Silks Pvt Ltd                  BG                 CRISIL A3      25      Reaffirmed
East End Silks Pvt Ltd                  Foreign Bill       CRISIL A3      35      Reaffirmed
                                        Discounting
East End Silks Pvt Ltd                  LOC                CRISIL A3      15      Reaffirmed
East End Silks Pvt Ltd                  Packing Credit     CRISIL A3      45      Reaffirmed
Electro Copper and Alloys Manufacturing BG                 CRISIL A4+     25      Reaffirmed
Company
Electro Copper and Alloys Manufacturing Bill Discounting   CRISIL A4+     10      Reaffirmed
Company
Electro Copper and Alloys Manufacturing Foreign Bill       CRISIL A4+     10      Reaffirmed
Company                                 Purchase
Electro Copper and Alloys Manufacturing Inland/Import LOC  CRISIL A4+     50      Reaffirmed
Company
Electro Copper and Alloys Manufacturing Packing Credit     CRISIL A4+     10      Reaffirmed
Company
G.S. Alloy Castings Ltd                 BG                 CRISIL A4      2.5     Reaffirmed
G.S. Alloy Castings Ltd                 LOC                CRISIL A4      2.5     Reaffirmed
Goodrich Gasket Pvt Ltd                 BG                 CRISIL A4+     7.5     Reaffirmed
Goodrich Gasket Pvt Ltd                 Packing Credit     CRISIL A4+     5       Reaffirmed
GPI Projects Pvt Ltd                    BG                 CRISIL A4+     27.5    Reaffirmed
GPI Projects Pvt Ltd                    Inland/Import LOC  CRISIL A4+     20      Reaffirmed
Gujarat Co-Operative Milk Marketing     Inland/Import LOC**CRISIL A1+     500     Reaffirmed
Federation Ltd
**Interchangeable with inland guarantees
Gujarat Co-Operative Milk Marketing     ST Bk Fac          CRISIL A1+     300     Reaffirmed
Federation Ltd
Himalaya Communications Ltd             LOC & BG           CRISIL A4+     215     Assigned
HVK International Pvt Ltd               Foreign Exchange   CRISIL A3+     10      Reaffirmed
                                        Forward
HVK International Pvt Ltd               Packing Credit     CRISIL A3+     120     Reaffirmed
HVK International Pvt Ltd               Post Shipment      CRISIL A3+     80      Reaffirmed
                                        Credit
Jain Housing and Constructions Ltd      Overdraft          CRISIL A4+     75      Reaffirmed
Juhu Beach Resorts Ltd                  BG                 CRISIL A1      65      Reaffirmed
Kohinoor Ropes Pvt Ltd                  BG                 CRISIL A3      5       Assigned
Kottex Industries Pvt Ltd               LOC                CRISIL A3+     240     Assigned
Kottex Industries Pvt Ltd               BG                 CRISIL A3+     13      Assigned
Kunjal Synergies Pvt Ltd                LOC                CRISIL A3      305     Reaffirmed
Kunjal Synergies Pvt Ltd                Proposed NFBL      CRISIL A3      325     Reaffirmed
Laxmi Agni Components and Forgings Pvt  Bill Discounting   CRISIL A3      130     Reaffirmed
Ltd
M. E. Energy Pvt Ltd                    BG                 CRISIL A4      100     Reaffirmed
Maharashtra Aluminium and Alloys Pvt LtdLOC                CRISIL A4      20      Reaffirmed
Makson Health Care Pvt Ltd              LOC                CRISIL A3+     87.8    Upgraded from
                                                                                  CRISIL A4+
PE Engineers Pvt Ltd                    Bill Discounting   CRISIL A4+     15      Reaffirmed
                                        under LOC
PE Engineers Pvt Ltd                    Overdraft          CRISIL A4+     15      Reaffirmed
R. G. International Pvt Ltd             Packing Credit     CRISIL A4+     150     Reaffirmed
Raghav Trading Corporation              BG                 CRISIL A4+     40      Assigned
S. B. Packagings Ltd                    Proposed NFBL      CRISIL A2      10      Assigned

S. M. Exports                           Bill Discounting   CRISIL A4+     25      Reaffirmed
S. M. Exports                           Foreign LOC        CRISIL A4+     5       Reaffirmed
Savorit Ltd                             Overdraft          CRISIL A4      190     Assigned
SCOPE T & M Pvt Ltd                     BG                 CRISIL A3+     200     Upgraded from
                                                                                  CRISIL A3
Sree Durga Cashew Factory               Packing Credit     CRISIL A4      140     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Sri City Pvt Ltd                        BG                 CRISIL A3+     100     Reaffirmed
Sri City Pvt Ltd                        LOC & BG           CRISIL A3+     100     Reaffirmed
Sri Lakshmi Constructions               BG                 CRISIL A4      10      Reaffirmed
Steelex Electrocast Pvt Ltd             LOC                CRISIL A4+     18      Reaffirmed
Subasree Jewellers                      BG                 CRISIL A4      18.5    Assigned
Suryamitra Exim Pvt Ltd                 BG                 CRISIL A4+     0.6     Downgraded
                                                                                  from CRISIL A3
Suryamitra Exim Pvt Ltd                 LOC                CRISIL A4+     8.5     Downgraded
                                                                                  from CRISIL A3
Suryamitra Exim Pvt Ltd                 Post Shipment      CRISIL A4+     400     Downgraded
                                        Credit                                    from CRISIL A3
Suryamitra Exim Pvt Ltd                 Proposed ST Bk     CRISIL A4+     50      Downgraded
                                        Loan Fac                                  from CRISIL A3
Swastik Panels Pvt Ltd                  LOC*               CRISIL A4      30      Reaffirmed
*Includes sub limit of Rs.2.50 crore for buyer's credit
Tata Ceramics Ltd                       BG                 CRISIL A3      5       Reaffirmed
Tata Ceramics Ltd                       Export Packing     CRISIL A3      185     Reaffirmed
                                        Credit
Tata Ceramics Ltd                       LOC                CRISIL A3      45      Reaffirmed
Tata Ceramics Ltd                       Non-FBL            CRISIL A3      130     Reaffirmed
The Buxa Dooars Tea Co. India Ltd       BG                 CRISIL D       10      Downgraded
                                                                                  from CRISIL A4
The Jewelry Co                          Export Packing     CRISIL A2      50      Reaffirmed
                                        Credit
The Jewelry Co                          Proposed ST Bk     CRISIL A2      100     Reaffirmed
                                        Loan Fac
The National Small Industries           CP                 CRISIL A1+     10000   Reaffirmed
Corporation Ltd
Thirumathi Muthammal Textiles Pvt Ltd   BG                 CRISIL A4      0.8     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Thirumathi Muthammal Textiles Pvt Ltd   Proposed BG        CRISIL A4      5.5     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Thomas Cook India Ltd                   BG ##              CRISIL A1+     2650    Reaffirmed
## Facility of Rs 162.0 crore interchangeable with letter of credit to the extent of Rs 25.0
crore
Thomas Cook India Ltd                   LOC ^^             CRISIL A1+     1800    Reaffirmed
^^ Facility of Rs 75.0 crore interchangeable with BG and post-shipment credit in foreign
currency (PSFC) to the extent of Rs.25 crore
Thomas Cook India Ltd                   Overdraft @@       CRISIL A1+     740     Reaffirmed
@@ Facility of Rs 49.0 crore interchangeable with Letter of Credit to the extent of Rs.25 crore;
facility of Rs 15.0 crore fully interchangeable with Letter of Credit and Bank Guarantee
Transnational                           LOC                CRISIL A4      62      Reaffirmed
Transnational                           Proposed Buyer     CRISIL A4      10      Reaffirmed
                                        Credit Limit
TRIL Infopark Ltd                       BG                 CRISIL A2+     1500    Reaffirmed
Trinetra Constructions                  BG                 CRISIL A4      100     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
V. Jayantilal and Co.                   Bill Discounting   CRISIL A4      110     Reaffirmed
V. Jayantilal and Co.                   Packing Credit     CRISIL A4      70      Reaffirmed
Vinar Systems Pvt Ltd                   BG                 CRISIL A3      360     Downgraded
                                                                                  from CRISIL
                                                                                  A3+
Vinar Systems Pvt Ltd                   LOC                CRISIL A3      60      Downgraded
                                                                                  from CRISIL
                                                                                  A3+
VST Industries Ltd                      LOC & BG           CRISIL A1+     600     Reaffirmed
Wagad Infraprojects Pvt Ltd             BG                 CRISIL A4      100     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating

LONG TERM RATINGS:
-------------------
Abacus                                  CC                 CRISIL B       15.5    Downgraded
                                                                                  from CRISIL
                                                                                  B+
Abacus                                  Proposed CC Limit  CRISIL B       31      Downgraded
                                                                                  from CRISIL
                                                                                  B+
Abacus                                  TL                 CRISIL B       23.5    Downgraded
                                                                                  from CRISIL
                                                                                  B+
ACE Augusta                             Project Loan       CRISIL B       99      Downgraded
                                                                                  from CRISIL
                                                                                  B+
Issuer Not Cooperating
Adpro Ceramics India Pvt Ltd            CC                 CRISIL B       27.5    Downgraded
                                                                                  from CRISIL B+
Adpro Ceramics India Pvt Ltd            TL                 CRISIL B       8       Downgraded
                                                                                  from CRISIL B+
Aggarwal Industries.                    CC                 CRISIL B       75      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Al Ammar Frozen Foods Exports Pvt. Ltd  TL                 CRISIL B       95      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Amit Capacitors Ltd                     Bill Discounting   CRISIL B       15      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Amit Capacitors Ltd                     CC                 CRISIL B       100     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Arun Polymers                           CC                 CRISIL B       35      Downgraded
                                                                                  from CRISIL B+
Arun Polymers                           SME Credit         CRISIL B       2.5     Downgraded
                                                                                  from CRISIL B+
Arun Polymers                           TL                 CRISIL B       24      Downgraded
                                                                                  from CRISIL B+
Aspire Systems India Pvt Ltd            Proposed LT Bk     CRISIL A-      400     Reaffirmed
                                        Loan Fac
Aspire Systems India Pvt Ltd            TL                 CRISIL A-      50      Reaffirmed
Auro Sundram International Pvt Ltd      CC                 CRISIL B       300     Assigned
Avaneesh Logistics Pvt Ltd              CC                 CRISIL BB      40      Reaffirmed
Balkrishna Industries Ltd               CC                 CRISIL AA-     100     Reaffirmed
Balkrishna Industries Ltd               Proposed LT Bk     CRISIL AA-     1750    Reaffirmed
                                        Loan Fac
Balkrishna Industries Ltd               LOC & BG           WD             250     Withdrawal
Balkrishna Industries Ltd               Packing Credit     WD             500     Withdrawal
Bhavesh Ginning Industries              CC                 CRISIL B       80      Reaffirmed
Buland Construction                     Proposed LT Bk     CRISIL BB      37.5    Reaffirmed
                                        Loan Fac
Chandi Mata Cold Storage Pvt Ltd        CC                 CRISIL B-      44      Reaffirmed
Chandi Mata Cold Storage Pvt Ltd        Proposed LT Bk     CRISIL B-      4.3     Reaffirmed
                                        Loan Fac
Chandi Mata Cold Storage Pvt Ltd        TL                 CRISIL B-      20.7    Reaffirmed
Divya Global Pvt Ltd                    Packing Credit     CRISIL BB+     110     Upgraded from
                                                                                  CRISIL BB
Electro Copper and Alloys Manufacturing CC                 CRISIL BB-     70      Reaffirmed
Company
Electro Copper and Alloys Manufacturing Proposed LT Bk     CRISIL BB-     42.5    Reaffirmed
Company                                 Loan Fac
Electro Copper and Alloys Manufacturing TL                 CRISIL BB-     7.5     Reaffirmed
Company
Fiza Exports Pvt Ltd                    CC                 CRISIL BB-     45      Assigned
Fiza Exports Pvt Ltd                    Proposed LT Bk     CRISIL BB-     15      Assigned
                                        Loan Fac
Fresh Chicken Trading                   CC                 CRISIL B+      17.5    Assigned
Fresh Chicken Trading                   Proposed LT Bk     CRISIL B+      32.5    Assigned
                                        Loan Fac
G.S. Alloy Castings Ltd                 CC                 CRISIL B       50      Reaffirmed
G.S. Alloy Castings Ltd                 LT Loan            CRISIL B       70      Assigned
Genie Commercial Ventures Pvt Ltd       NCD                CRISIL BB+     850     Reaffirmed
Globsyn Technologies Ltd                Overdraft          CRISIL B       84      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Goodrich Gasket Pvt Ltd                 CC                 CRISIL BB      45      Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Goodrich Gasket Pvt Ltd                 Proposed LT Bk     CRISIL BB      72.5    Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB+
GPI Projects Pvt Ltd                    CC                 CRISIL BB-     12.5    Reaffirmed
Gujarat Co-Operative Milk Marketing     CC                 CRISIL AAA     359     Reaffirmed
Federation Ltd
Gujarat Co-Operative Milk Marketing     CC*                CRISIL AAA     1600    Reaffirmed
Federation Ltd
*Interchangeable with short-term advance limit 
Gujarat Co-Operative Milk Marketing     CC#                CRISIL AAA     930     Reaffirmed
Federation Ltd
#Interchangeable with working capital demand loan
Gujarat Co-Operative Milk Marketing     WC Demand Loan     CRISIL AAA     500     Reaffirmed
Federation Ltd
Gujarat Co-Operative Milk Marketing     WC Demand Loan@    CRISIL AAA     1000    Reaffirmed
Federation Ltd
@Interchangeable with cash credit
Gujarat Co-Operative Milk Marketing     WC Demand Loan^    CRISIL AAA     500     Reaffirmed
Federation Ltd
^Interchangeable with packing credit
Hariyana Ship Breakers Ltd              LOC                CRISIL B+      4000    Reaffirmed
Hariyana Ship Demolition Pvt Ltd        LOC                CRISIL B+      2000    Reaffirmed
HDFC High Interest Fund - Dynamic Plan  HDFC Income Fund   CRISIL AAAmfs  -       Reaffirmed
HDFC High Interest Fund - Dynamic Plan  HDFC High Interest CRISIL AAAmfs  -       Reaffirmed
                                        Fund - Dynamic Plan
HDFC Income Fund and HDFC High Interest HDFC Income Fund   CRISIL AAAmfs  -       Reaffirmed
Fund - Dynamic Plan
HDFC Income Fund and HDFC High Interest HDFC High Interest CRISIL AAAmfs  -       Reaffirmed
Fund - Dynamic Plan                     Fund - Dynamic Plan
Hemkunt Rice Mills Pvt Ltd              CC                 CRISIL B+      50      Reaffirmed
Hemkunt Rice Mills Pvt Ltd              Proposed LT Bk     CRISIL B+      37.5    Reaffirmed
                                        Loan Fac
Hemkunt Rice Mills Pvt Ltd              TL                 CRISIL B+      12.5    Reaffirmed
Himalaya Communications Ltd             CC                 CRISIL BB      50      Assigned
HVK International Pvt Ltd               Packing Credit     CRISIL BBB     1062.5  Reaffirmed
HVK International Pvt Ltd               Post Shipment      CRISIL BBB     2498.5  Reaffirmed
                                        Credit
HVK International Pvt Ltd               Proposed LT Bk     CRISIL BBB     1050    Reaffirmed
                                        Loan Fac
HVK International Pvt Ltd               Standby Line of    CRISIL BBB     639     Reaffirmed
                                        Credit
Jain Housing and Constructions Ltd      Corporate Loan     CRISIL BB-     1000    Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Jain Housing and Constructions Ltd      TL                 CRISIL BB-     900     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Jain Housing and Constructions Ltd      NCD                CRISIL BB-     2200    Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Jamals                                  LT Loan            CRISIL BB-     15      Downgraded
                                                                                  from CRISIL BB
Jamals                                  Proposed TL        CRISIL BB-     85      Downgraded
                                                                                  from CRISIL BB
Jayaam Galvanizers Pvt Ltd              CC                 CRISIL BB      60      Reaffirmed
Jayaam Galvanizers Pvt Ltd              TL                 CRISIL BB      40      Reaffirmed
Juhu Beach Resorts Ltd                  CC                 CRISIL A       100     Reaffirmed
Juhu Beach Resorts Ltd                  TL                 CRISIL A       700     Reaffirmed
Juhu Beach Resorts Ltd                  External           Withdrawal     300     Withdrawal
                                        Commercial
                                        Borrowings*
*The total sanction of the ECB has been USD 1 crore
Juhu Beach Resorts Ltd                  Proposed LT Bk     Withdrawal     185     Withdrawal
                                        Loan Fac
Kirpa Foods                             CC                 CRISIL B-      100     Reaffirmed
Kirpa Foods                             LT Loan            CRISIL B-      75      Reaffirmed
Kirpa Foods                             Warehouse FinancingCRISIL B-      50      Reaffirmed
Kohinoor Ropes Pvt Ltd                  Rupee TL           CRISIL BBB-    90      Assigned
Kohinoor Ropes Pvt Ltd                  Proposed LT Bk     CRISIL BBB-    15      Assigned
                                        Loan Fac
Kohinoor Ropes Pvt Ltd                  CC                 CRISIL BBB-    90      Assigned
Kottex Industries Pvt Ltd               TL                 CRISIL BBB     376     Assigned
Kottex Industries Pvt Ltd               Fund & NFBL        CRISIL BBB     11      Assigned
Kottex Industries Pvt Ltd               CC                 CRISIL BBB     310     Assigned
Kunjal Synergies Pvt Ltd                CC                 CRISIL BBB-    65      Reaffirmed
Kunjal Synergies Pvt Ltd                Proposed FB Bk     CRISIL BBB-    5       Reaffirmed
                                        Limits
Kunjal Synergies Pvt Ltd                CC                 Withdrawal     30      Withdrawal
Kunjal Synergies Pvt Ltd                LOC                Withdrawal     420     Withdrawal
Kunjal Synergies Pvt Ltd                Proposed LT Bk     Withdrawal     10      Withdrawal
                                        Loan Fac
Lancy Constructions                     Overdraft          CRISIL D       130     (Downgraded
                                                                                  from CRISIL
                                                                                  B-
M. E. Energy Pvt Ltd                    CC                 CRISIL B+      80      Reaffirmed
M. E. Energy Pvt Ltd                    Foreign LOC        CRISIL B+      15      Reaffirmed
Magnewin Energy Pvt Ltd                 BG                 CRISIL D       2.5     Reaffirmed
Issuer Not Cooperating
Magnewin Energy Pvt Ltd                 CC                 CRISIL D       15      Reaffirmed
Issuer Not Cooperating
Magnewin Energy Pvt Ltd                 LOC                CRISIL D       15      Reaffirmed
Issuer Not Cooperating
Magnewin Energy Pvt Ltd                 LT Loan            CRISIL D       16.8    Reaffirmed
Issuer Not Cooperating
Magnewin Energy Pvt Ltd                 Standby Line of    CRISIL D       2       Reaffirmed
                                        Credit
Issuer Not Cooperating
Mahakaushal Sugar and Power Industries  CC                 CRISIL BB+     50      Upgraded from
Ltd                                                                               CRISIL BB-
Mahakaushal Sugar and Power Industries  LT Loan            CRISIL BB+     134.1   Upgraded from
Ltd                                                                               CRISIL BB-
Mahakaushal Sugar and Power Industries  Sugar Pledge CC    CRISIL BB+     295     Upgraded from
Ltd                                                                               CRISIL BB-
Mahakaushal Sugar and Power Industries  Proposed BG        Withdrawal     20      Withdrawal
Ltd
Mahakaushal Sugar and Power Industries  Proposed CC Limit  Withdrawal     205     Withdrawal
Ltd
Mahakaushal Sugar and Power Industries  Proposed TL        Withdrawal     312     Withdrawal
Ltd
Maharashtra Aluminium and Alloys Pvt LtdCC                 CRISIL B       100     Reaffirmed
Maharashtra Aluminium and Alloys Pvt LtdProposed LT Bk     CRISIL B       30      Reaffirmed
                                        Loan Fac
Makson Health Care Pvt Ltd              CC                 CRISIL BBB     46.5    Upgraded from
                                                                                  CRISIL BB+
Makson Health Care Pvt Ltd              TL                 CRISIL BBB     186.9   Upgraded from
                                                                                  CRISIL BB+
Manipal Energy and Infratech Ltd        Overdraft          CRISIL B       50      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Manna Industries Ltd                    Secured Overdraft  CRISIL BB-     295     Assigned
                                        Fac
Manorama Ropes India Pvt Ltd            CC                 CRISIL BBB-    150     Assigned
Manorama Ropes India Pvt Ltd            TL                 CRISIL BBB-    10      Assigned
Mayank Processors Pvt Ltd               CC                 CRISIL BB+     30      Upgraded from
                                                                                  CRISIL BB
Mayank Processors Pvt Ltd               TL                 CRISIL BB+     30      Upgraded from
                                                                                  CRISIL BB
Metro Superspeciality Hospitals Pvt Ltd CC                 CRISIL BBB-(SO)105     Assigned
Metro Superspeciality Hospitals Pvt Ltd TL                 CRISIL BBB-(SO)550     Assigned
Moon Beverages Ltd                      Overdraft          CRISIL A+      250     Reaffirmed
Moon Beverages Ltd                      TL                 CRISIL A+      630     Reaffirmed
Nikhath Noor                            LT Loan            CRISIL BB      75      Reaffirmed
PE Engineers Pvt Ltd                    Foreign Bill       CRISIL BB      10      Upgraded
                                        Discounting                               from CRISIL
                                                                                  BB-
PE Engineers Pvt Ltd                    Foreign LOC        CRISIL BB      10      Upgraded
                                                                                  from CRISIL
                                                                                  BB-
PE Engineers Pvt Ltd                    Proposed LT Bk     CRISIL BB      29.1    Upgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
PE Engineers Pvt Ltd                    TL                 CRISIL BB      0.9     Upgraded
                                                                                  from CRISIL
                                                                                  BB-
R. G. International Pvt Ltd             CC                 CRISIL BB      400     Reaffirmed
R. K. Lighting Pvt Ltd                  Proposed LT Bk     CRISIL BB-     35      Assigned
                                        Loan Fac
R. K. Lighting Pvt Ltd                  Bill Discounting   CRISIL BB-     145     Assigned
R. K. Lighting Pvt Ltd                  CC                 CRISIL BB-     20      Assigned
Raghav Trading Corporation              CC                 CRISIL BB      20      Assigned
S. B. Packagings Ltd                    CC                 CRISIL BBB+    60      Assigned
S. B. Packagings Ltd                    Proposed TL        CRISIL BBB+    130     Assigned
S. K. Masala and Foods Ltd              CC                 CRISIL B+      56      Assigned
S. M. Exports                           Packing Credit     CRISIL BB+     55      Reaffirmed
Samrat Vijay Construction Pvt Ltd       Proposed LT Bk     CRISIL D       1.5     Downgraded
                                        Loan Fac                                  from CRISIL B
Samrat Vijay Construction Pvt Ltd       WC Demand Loan     CRISIL D       198.5   Downgraded
                                                                                  from CRISIL B
Satya Warehouse                         TL                 CRISIL D       125     Reaffirmed
Savorit Ltd                             TL                 CRISIL B+      39      Assigned
Savorit Ltd                             Proposed LT Bk     CRISIL B+      1       Assigned
                                        Loan Fac
SCOPE T & M Pvt Ltd                     CC                 CRISIL BBB     120     Upgraded from
                                                                                  CRISIL BBB-
SCOPE T & M Pvt Ltd                     Proposed BG        CRISIL BBB     220     Upgraded from
                                                                                  CRISIL BBB-
SCOPE T & M Pvt Ltd                     Proposed CC Limit  CRISIL BBB     60      Upgraded from
                                                                                  CRISIL BBB-
Shree Bhatter Industries                CC                 CRISIL D       70      Downgraded
                                                                                  from CRISIL
                                                                                  B
Shree Rajasvi Polyesters                CC                 CRISIL B-      160     Reaffirmed
Shree Rajasvi Polyesters                Proposed LT Bk     CRISIL B-      20.3    Reaffirmed
                                        Loan Fac
Shree Rajasvi Polyesters                TL                 CRISIL B-      21.8    Reaffirmed
Shree Vaishnav Metal and Power Pvt Ltd  BG                 CRISIL D       10      Reaffirmed
Shree Vaishnav Metal and Power Pvt Ltd  CC                 CRISIL D       150     Reaffirmed
Shree Vaishnav Metal and Power Pvt Ltd  LOC                CRISIL D       100     Reaffirmed
Shree Vaishnav Metal and Power Pvt Ltd  Proposed LT Bk     CRISIL D       312.7   Reaffirmed
                                        Loan Fac
Shree Vaishnav Metal and Power Pvt Ltd  TL                 CRISIL D       227.3   Reaffirmed
Shreyas Sortex Industries Pvt Ltd       CC                 CRISIL BB-     250     Upgraded from
                                                                                  CRISIL B
Shreyas Sortex Industries Pvt Ltd       TL                 CRISIL BB-     100     Upgraded from
                                                                                  CRISIL B
Sindh Garment                           CC                 CRISIL BB-     70      Assigned
Sindh Garment                           Proposed CC Limit  CRISIL BB-     50      Assigned
Sree Durga Cashew Factory               CC                 CRISIL B       20      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Sree Veera Brahmendra Swamy Spinning    CC                 CRISIL B-      65      Reaffirmed
Mills Pvt Ltd
Sree Veera Brahmendra Swamy Spinning    Corporate Loan     CRISIL B-      54      Reaffirmed
Mills Pvt Ltd
Sree Veera Brahmendra Swamy Spinning    Proposed LT Bk     CRISIL B-      21.1    Reaffirmed
Mills Pvt Ltd                           Loan Fac
Sri City Pvt Ltd                        CC                 CRISIL BBB     1150    Reaffirmed
Sri City Pvt Ltd                        Corporate Loan     CRISIL BBB     657     Reaffirmed
Sri City Pvt Ltd                        Proposed WC Fac    CRISIL BBB     75.5    Reaffirmed
Sri City Pvt Ltd                        Secured Overdraft  CRISIL BBB     717.5   Reaffirmed
                                        Fac
Sri Lakshmi Constructions               LT Loan            CRISIL B+      25      Reaffirmed
Sri Lakshmi Constructions               Overdraft          CRISIL B+      70      Reaffirmed
Sri Sai Ram Service Station             CC                 CRISIL BB-     12      Assigned
Sri Sai Ram Service Station             Proposed LT Bk     CRISIL BB-     38      Assigned
                                        Loan Fac
Sri Sainadh Rice Industries             Open CC            CRISIL B+      60      Reaffirmed
Sri Sainadh Rice Industries             Proposed LT Bk     CRISIL B+      10      Reaffirmed
                                        Loan Fac
Steelex Electrocast Pvt Ltd             CC                 CRISIL BB-     60      Downgraded
                                                                                  from CRISIL BB
Steelex Electrocast Pvt Ltd             TL                 CRISIL BB-     58.5    Downgraded
                                                                                  from CRISIL BB
Subasree Jewellers                      WC Demand Loan     CRISIL B-      17.6    Assigned
Subasree Jewellers                      LT Loan            CRISIL B-      22.9    Assigned
Subasree Jewellers                      CC                 CRISIL B-      21      Assigned
Sundaram Mahadeo Autoworld Pvt Ltd      CC                 CRISIL B       45      Reaffirmed
Sundaram Mahadeo Autoworld Pvt Ltd      TL                 CRISIL B       25      Reaffirmed
Surya Teja Raw and Boiled Rice          CC                 CRISIL BB      140     Assigned
Industries Pvt Ltd
Suryamitra Exim Pvt Ltd                 Credit Limit Under CRISIL BB+     130     Downgraded
                                        Gold Card                                 from CRISIL
                                                                                  BBB-
Suryamitra Exim Pvt Ltd                 Export Packing     CRISIL BB+     650     Downgraded
                                        Credit                                    from CRISIL
                                                                                  BBB-
Suryamitra Exim Pvt Ltd                 Proposed LT Bk     CRISIL BB+     10.9    Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB-
Swaraj Synthetics Pvt Ltd               CC                 CRISIL B       40      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Swaraj Synthetics Pvt Ltd               TL                 CRISIL B       24.2    Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Swastik Panels Pvt Ltd                  CC                 CRISIL B       30      Reaffirmed
T.C. Agro Foods Industries              CC                 CRISIL BB      350     Reaffirmed
Tata Capital Housing Finance Ltd        CC & WC demand loanCRISIL AA+     26950   Reaffirmed
Tata Capital Housing Finance Ltd        LT Bk Fac          CRISIL AA+     30670   Reaffirmed
Tata Capital Housing Finance Ltd        Proposed LT Bk     CRISIL AA+     22380   Reaffirmed
                                        Loan Fac
Tata Ceramics Ltd                       Rupee TL           CRISIL BBB-    50      Reaffirmed
The Buxa Dooars Tea Co. India Ltd       CC                 CRISIL D       40      Downgraded
                                                                                  from CRISIL B-
The Buxa Dooars Tea Co. India Ltd       CC & WC demand loanCRISIL D       12      Downgraded
                                                                                  from CRISIL B-
The Buxa Dooars Tea Co. India Ltd       Proposed CC Limit  CRISIL D       20      Downgraded
                                                                                  from CRISIL B-
The Buxa Dooars Tea Co. India Ltd       Proposed LT Bk     CRISIL D       30      Downgraded
                                        Loan Fac                                  from CRISIL B-
The Buxa Dooars Tea Co. India Ltd       TL                 CRISIL D       58      Downgraded
                                                                                  from CRISIL B-
Thirumathi Muthammal Textiles Pvt Ltd   CC                 CRISIL B       40      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Thirumathi Muthammal Textiles Pvt Ltd   Cash TL            CRISIL B       48.8    Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Thirumathi Muthammal Textiles Pvt Ltd   Proposed LT Bk     CRISIL B       4.9     Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Thomas Cook India Ltd                   CC *               CRISIL AA-     650     Reaffirmed
* Fully interchangeable with working capital demand loan (WCDL), commercial paper, and letter of
credit (LC)
Thomas Cook India Ltd                   Overdraft ~~       CRISIL AA-     1550    Reaffirmed
~~ Facility of Rs 15.0 crore interchangeable with WCDL to the extent of Rs 12.0 crore;
facilities of Rs 50.0 crore interchangeable with WCDL and Short Term Loans, Rs 30.0 crore with
Bank Guarantee and Rs 10.0 crore with Letter of Credit; facility of Rs 70.0 crore
interchangeable with WCDL & Short term loan (STL) to the extent of 50 crore, Rs.60 crore with
Letter of Credit; facility of Rs 20 crore fully interchangeable with working capital demand loan
(WCDL), Letter of Credit (LC) and Bank Guarantee (BG)
Titan - Antony Aviation India Pvt Ltd   CC                 CRISIL B+      45      Assigned
Titan - Antony Aviation India Pvt Ltd   Rupee TL           CRISIL B+      50      Assigned
Transnational                           CC                 CRISIL B       25      Downgraded
                                                                                  from CRISIL B+
TRIL Infopark Ltd                       CC                 CRISIL A-      500     Reaffirmed
TRIL Infopark Ltd                       LT Loan            CRISIL A-      10000   Reaffirmed
TRIL Infopark Ltd                       TL                 CRISIL A-      8500    Reaffirmed
Tristar Global Infrastructure Pvt Ltd   BG                 CRISIL D       155     Reaffirmed
Tristar Global Infrastructure Pvt Ltd   CC                 CRISIL D       50      Reaffirmed
Tristar Global Infrastructure Pvt Ltd   LOC                CRISIL D       20      Reaffirmed
Tristar Global Infrastructure Pvt Ltd   Proposed LT Bk     CRISIL D       60      Reaffirmed
                                        Loan Fac
Tristar Global Infrastructure Pvt Ltd   WC TL              CRISIL D       145     Reaffirmed
VGN Developers Pvt Ltd                  NCD                CRISIL D       4000    Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Vinar Systems Pvt Ltd                   Bill Purchase      CRISIL BBB-    20      Downgraded
                                        Discounting Fac                           from CRISIL
                                                                                  BBB
Vinar Systems Pvt Ltd                   CC                 CRISIL BBB-    40      Downgraded
                                                                                  from CRISIL
                                                                                  BBB
Voora Shreeram Constructions Pvt Ltd    CC                 CRISIL B       80      Downgraded
                                                                                  from CRISIL
                                                                                  BB
Issuer Not Cooperating
Wagad Infraprojects Pvt Ltd             CC                 CRISIL B       100     Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
--------------------------------------------------------------------------------------------
$: 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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