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CRISIL ratings for Indian debt instruments-Apr 28
April 28, 2017 / 6:00 AM / 5 months ago

CRISIL ratings for Indian debt instruments-Apr 28

    Apr 28 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of April 27, 2017.

COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Alcon Biosciences Pvt Ltd               BG                 CRISIL A4+     2.5     Reaffirmed
Alcon Biosciences Pvt Ltd               LOC                CRISIL A4+     20      Reaffirmed
Amaravathi Spinning Mills (Rajapalayam) BG                 CRISIL A4      5.3     Reaffirmed
Pvt Ltd
Amaravathi Spinning Mills (Rajapalayam) LOC                CRISIL A4      20      Reaffirmed
Pvt Ltd
Amcon Construction Co                   BG                 CRISIL A4      40      Reaffirmed
Baazar Retail Ltd                       BG                 CRISIL A2+     2.5     Reaffirmed
BDG Metal and Power Ltd                 LOC                CRISIL A3+     900     Reaffirmed
Binanda Kalita                          BG                 CRISIL A4+     180     Assigned
BKSons Infrastructure Pvt Ltd           BG                 CRISIL A4+     500     Assigned
Charms Chem Pvt Ltd                     Inland/Import LOC  CRISIL A4      5       Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Classic Marble Company Pvt Ltd          BG                 CRISIL A3+     300     Reassigned
Cozy Touch Poly Foams India Pvt Ltd     LOC                CRISIL A4+     30      Assigned
D.D.Builders Ltd                        BG                 CRISIL A4+     117.5   Reaffirmed
Dandapat Heemghar (A Unit Of Dandapat   BG                 CRISIL A4      1.1     Assigned
Rice Mills Pvt Ltd)
Dhall Enterprises and Engineers Pvt Ltd BG                 CRISIL A4+     20      Upgraded from
                                                                                  CRISIL A4
Dhall Enterprises and Engineers Pvt Ltd Inland/Import LOC  CRISIL A4+     50      Upgraded from
                                                                                  CRISIL A4
Dhall Exports                           BG                 CRISIL A4+     5       Upgraded from
                                                                                  CRISIL A4
Dhall Exports                           Inland/Import LOC  CRISIL A4+     5       Upgraded from
                                                                                  CRISIL A4
Dinesh Trading Company                  LOC                CRISIL A4      290     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Genins India TPA Ltd                    BG                 CRISIL A3      20      Reaffirmed
GKR Infratech Pvt Ltd                   BG                 CRISIL         40      Reaffirmed
                                                           A4(Issuer Not
                                                           Cooperating)
Hajee A.P.Bava and Company              BG                 CRISIL A3      600     Reaffirmed
Constructions Pvt Ltd
Hind Construction                       BG                 CRISIL A4+     75      Assigned
Integra Automation Pvt Ltd              Export Packing     CRISIL A3      20      Reaffirmed
                                        Credit
Integra Automation Pvt Ltd              Foreign Bill       CRISIL A3      10      Reaffirmed
                                        Discounting
Jagdamba Timbers Pvt Ltd                Inland/Import LOC  CRISIL A4      110     Assigned
Jai Multi Engineering Co.               BG                 CRISIL A4      20      Assigned
Jay Pee & Co.                           BG                 CRISIL A4+     12      Assigned
JWC Logistics Park Pvt Ltd              BG                 CRISIL A2      150     Reaffirmed
JWL Cold Store Pvt Ltd                  BG                 CRISIL A2      30      Reaffirmed
JWR Logistics Pvt Ltd                   BG                 CRISIL A2      19      Reaffirmed
JWR Logistics Pvt Ltd                   Overdraft          CRISIL A2      10      Reaffirmed
Kirti Infrastructures Ltd               BG                 CRISIL A4      85      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Kodai Cars Pvt Ltd                      BG                 CRISIL A4      20      Assigned
Lakhy Constructions                     Overdraft          CRISIL A4      32.5    Reaffirmed
Ma Shantimoyee Rice Mill Pvt Ltd        BG                 CRISIL A4+     1.6     Reaffirmed
Masta Machinery Stores Pvt Ltd          LOC#               CRISIL A4+     16
# Bank guarantee of Rs.1.60 crore as a sub limit of Letter of credit facility
Mayanks Welfare Society                BG                 CRISIL         115     Reaffirmed
                                                           A4++(Issuer
                                                           Not Cooperating)
Mehul Construction Company Pvt Ltd      BG                 CRISIL A4      450     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Mehul Construction Company Pvt Ltd      LOC                CRISIL A4      5       Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Mercury Travels Ltd                     BG                 CRISIL A3      15      Reaffirmed
Mercury Travels Ltd                     BG                 CRISIL A3      15      Reaffirmed
Naval Exporters and Importers Pvt Ltd   Post Shipment      CRISIL         20      Reaffirmed
                                        Credit             A4(Issuer Not
                                                           Cooperating)
Net Check Solutions India Pvt Ltd       Proposed BG        CRISIL A4+     10      Assigned
Net Check Solutions India Pvt Ltd       BG                 CRISIL A4+     10      Assigned
Novus Green Energy Systems Pvt Ltd      BG                 CRISIL         60      Downgraded
                                                           A4(Issuer Not          from CRISIL
                                                           Cooperating)           A4+
P. D. Industries Pvt Ltd                BG                 CRISIL A4      15      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
P. D. Industries Pvt Ltd                LOC                CRISIL A4      135     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Pampar Ovenfresh Foods Pvt Ltd          BG                 CRISIL A4+     5       Upgraded from
                                                                                  CRISIL A4

Pampar Ovenfresh Foods Pvt Ltd          LOC                CRISIL A4+     10      Upgraded from
                                                                                  CRISIL A4
Pareena Infrastructures Pvt Ltd         Proposed BG        CRISIL         150     Reaffirmed
                                                           A4(Issuer Not
                                                           Cooperating)
Pebco Motors Ltd                        Standby LOC        CRISIL A3      30      Reaffirmed
Picson Construction Equipments Pvt Ltd  Inland/Import LOC  CRISIL A4      15      Reaffirmed
Prijai Heat Exchangers Pvt Ltd          LOC                CRISIL A4      70      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
R B A Exports Pvt Ltd                   BG                 CRISIL A3      20      Reaffirmed
R B A Exports Pvt Ltd                   LOC                CRISIL A3      20      Reaffirmed
R.K. Steel Manufacturing Company Pvt LtdBG                 CRISIL A4      30      Downgraded
                                                                                  from CRISIL
                                                                                  A4+/Stable*
R.K. Steel Manufacturing Company Pvt LtdLOC                CRISIL A4      150     Downgraded
                                                                                  from CRISIL
                                                                                  A4+/Stable*
Rajdeep Publicity Pvt Ltd               BG                 CRISIL A4      79.7    Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Renny Steels                            BG                 CRISIL         4.6     Downgraded
                                                           A4(Issuer Not          from CRISIL
                                                           Cooperating)           A4+
Renny Steels                            LOC                CRISIL         25.4    Downgraded
                                                           A4(Issuer Not          from CRISIL
                                                           Cooperating)           A4+
Riya Travel and Tours India Pvt Ltd     BG                 CRISIL A3+     450     Reaffirmed
Riya Travel and Tours India Pvt Ltd     Overdraft          CRISIL A3+     450     Reaffirmed
Romega Foam Pvt Ltd                     LOC                CRISIL         25      Reaffirmed
                                                           A4(Issuer Not
                                                           Cooperating)
Roots Cooling Systems Pvt Ltd           BG                 CRISIL A4+     90      Reaffirmed
Roots Cooling Systems Pvt Ltd           LOC                CRISIL A4+     20      Assigned
Sangam Forgings Pvt Ltd                 LOC & BG           CRISIL A4      45      Reaffirmed
Satvik Enterprises Ltd                  BG                 CRISIL A3      10      Reaffirmed
Satvik Enterprises Ltd                  Bill Discounting   CRISIL A3      80      Reaffirmed
Satvik Enterprises Ltd                  LOC                CRISIL A3      260     Reaffirmed
Satvik Enterprises Ltd                  Packing Credit     CRISIL A3      110     Reaffirmed
Shah Paperplast Industries Ltd          BG                 CRISIL         3       Downgraded
                                                           A4(Issuer Not          from CRISIL
                                                           Cooperating)           A4+
Shah Paperplast Industries Ltd          Inland/Import LOC  CRISIL         17.5    Downgraded
                                                           A4(Issuer Not          from CRISIL
                                                           Cooperating)           A4+
Shah Paperplast Industries Ltd          Packing Credit in  CRISIL         40      Downgraded
                                        Foreign Currency   A4(Issuer Not          from CRISIL
                                                           Cooperating)           A4+
Shera Energy Pvt Ltd                    BG                 CRISIL A4+     100     Downgraded
                                                                                  from CRISIL A3
Shera Energy Pvt Ltd                    LOC                CRISIL A4+     440     Downgraded
                                                                                  from CRISIL A3
Shree Ganesh Rice Mill                  Proposed NFBL      CRISIL A4      15      Reassigned
Sri Kaliswari Metal Powders Pvt Ltd     LOC                CRISIL A4+     150     Reaffirmed
Sri Madan Gopal Bhikam Chand Marketing  Packing Credit     CRISIL         40      Reaffirmed
Pvt Ltd                                                    A4(Issuer Not
                                                           Cooperating)
Srivenkateshwar Tradex Pvt Ltd          LOC                CRISIL         300     Reaffirmed
                                                           A4(Issuer Not
                                                           Cooperating)
SSG Pharma Pvt Ltd                      Overdraft          CRISIL A4      56      Reaffirmed
STS Utility Services                    BG                 CRISIL A4      30      Reaffirmed
The Shivalika Rugs                      Derivatives Fac    CRISIL A4      3       Downgraded
                                                                                  from CRISIL
                                                                                  A4+
United Electrical Industries Ltd        BG                 CRISIL         30      Reaffirmed
                                                           A4(Issuer Not
                                                           Cooperating)
United Electrical Industries Ltd        Proposed ST Bk     CRISIL         70      Reaffirmed
                                        Loan Fac           A4(Issuer Not
                                                           Cooperating)
Vaghasiya Exports                       Foreign Bill       CRISIL A4      55      Downgraded
                                        Discounting                               from CRISIL
                                                                                  A4+
Vaghasiya Exports                       Packing Credit in  CRISIL A4      25      Downgraded
                                        Foreign Currency                          from CRISIL
                                                                                  A4+
Vaghasiya Exports                       Proposed ST Bk     CRISIL A4      120     Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  A4+
Zuari Cement Ltd                        LOC & BG           CRISIL A1+     450     Notice of
                                                                                  Withdrawal

LONG TERM RATINGS:
-------------------
A.G. Babu Sah                           CC                 CRISIL B       70      Reaffirmed
A.G. Babu Sah                           Proposed LT Bk     CRISIL B       0.2     Reaffirmed
                                        Loan Fac
A.G. Babu Sah                           Rupee TL           CRISIL B       9.8     Reaffirmed
Ajeet Seeds Pvt Ltd                     CC                 CRISIL A       300     Reaffirmed
Alcon Biosciences Pvt Ltd               Line of Credit     CRISIL BB-     105     Reaffirmed
Alcon Biosciences Pvt Ltd               Loan Against       CRISIL BB-     21      Reaffirmed
                                        Property
Amaravathi Spinning Mills (Rajapalayam) CC                 CRISIL B-      70      Reaffirmed
Pvt Ltd
Amaravathi Spinning Mills (Rajapalayam) Export Packing     CRISIL B-      5       Reaffirmed
Pvt Ltd                                 Credit
Amaravathi Spinning Mills (Rajapalayam) Proposed LT Bk     CRISIL B-      19      Reaffirmed
Pvt Ltd                                 Loan Fac
Amcon Construction Co                   CC                 CRISIL B       20      Downgraded
                                                                                  from CRISIL
                                                                                  B+/Stable*
Annapurna Buildcon Infra Pvt Ltd        CC/ Overdraft Fac  CRISIL BB-     16      Upgraded from
                                                                                  CRISIL B
Annapurna Buildcon Infra Pvt Ltd        Proposed LT Bk     CRISIL BB-     234     Upgraded from
                                        Loan Fac                                  CRISIL B
Arun Ginning and Pressing Industrial    CC                 CRISIL BB      40      (Upgraded
Corporation                                                                       from CRISIL
                                                                                  BB-/Stable
Arun Ginning and Pressing Industrial    Proposed TL        CRISIL BB      13.5    (Upgraded
Corporation                                                                       from CRISIL
                                                                                  BB-/Stable
Arun Ginning and Pressing Industrial    TL                 CRISIL BB      6.5     (Upgraded
Corporation                                                                       from CRISIL
                                                                                  BB-/Stable
Avis India                              CC                 CRISIL B+      70      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Baazar Retail Ltd                       CC                 CRISIL A-      400.5   Reaffirmed
Batra Rice Mills                        CC                 CRISIL B+      300     Reaffirmed
BDG Metal and Power Ltd                 CC                 CRISIL BBB     808.2   Reaffirmed
BDG Metal and Power Ltd                 Proposed FB Bk     CRISIL BBB     200.8   Reaffirmed
                                        Limits
BDG Metal and Power Ltd                 TL                 CRISIL BBB     164.7   Reaffirmed
Bennett Coleman and Co. Ltd             CC*                CRISIL AAA     28350   Reaffirmed
Bennett Coleman and Co. Ltd             Proposed CC Limit* CRISIL AAA     17650   Reaffirmed
*Interchangeable with bank guarantee, letter of credit, working capital loan, and buyers credit.
Binanda Kalita                          CC                 CRISIL BB-     30      Assigned
BKSons Infrastructure Pvt Ltd           CC                 CRISIL BB      200     Assigned
Buildtek Polymers Pvt Ltd               CC                 CRISIL BB-     45      Reaffirmed
Buildtek Polymers Pvt Ltd               LT Loan            CRISIL BB-     5       Reaffirmed
Charms Chem Pvt Ltd                     CC                 CRISIL B       40      Downgraded
                                                                                  from CRISIL
                                                                                  BB-/Stable)*
Charms Chem Pvt Ltd                     TL                 CRISIL B       16.4    Downgraded
                                                                                  from CRISIL
                                                                                  BB-/Stable)*
Classic Marble Company Pvt Ltd          CC                 CRISIL BBB     1300    Upgraded from
                                                                                  CRISIL BBB-
Classic Marble Company Pvt Ltd          Proposed LT Bk     CRISIL BBB     540     Upgraded from
                                        Loan Fac                                  CRISIL BBB-
Classic Marble Company Pvt Ltd          Rupee TL           CRISIL BBB     10      Assigned
Cozy Touch Poly Foams India Pvt Ltd     CC                 CRISIL BB-     25      Assigned
Cozy Touch Poly Foams India Pvt Ltd     Proposed LT Bk     CRISIL BB-     10.3    Assigned
                                        Loan Fac
Cozy Touch Poly Foams India Pvt Ltd     TL                 CRISIL BB-     4.7     Assigned
D.D.Builders Ltd                        CC                 CRISIL BB-     80      Reaffirmed
Dandapat Heemghar (A Unit Of Dandapat   TL                 CRISIL B-      50      Assigned
Rice Mills Pvt Ltd)
Dandapat Heemghar (A Unit Of Dandapat   CC                 CRISIL B-      54      Assigned
Rice Mills Pvt Ltd)
Dhall Enterprises and Engineers Pvt Ltd CC                 CRISIL BB-     45      Upgraded from
                                                                                  CRISIL
                                                                                  B/Stable
Dhall Enterprises and Engineers Pvt Ltd Foreign LOC        CRISIL BB-     65      Upgraded from
                                                                                  CRISIL
                                                                                  B/Stable
Dhall Enterprises and Engineers Pvt Ltd Proposed LT Bk     CRISIL BB-     90      Upgraded from
                                        Loan Fac                                  CRISIL
                                                                                  B/Stable
Dhall Exports                           Export Packing     CRISIL BB-     55      Upgraded from
                                        Credit                                    CRISIL B-
Dinesh Trading Company                  CC                 CRISIL B       150     Downgraded
                                                                                  from CRISIL BB
Future Mining Tools Pvt Ltd             CC                 CRISIL B+      35      Reaffirmed
Future Mining Tools Pvt Ltd             Proposed LT Bk     Withdrawal     15      Reaffirmed
                                        Loan Fac
Gem Corpochem Pvt Ltd                   CC                 CRISIL BBB-    180     Assigned
Gem Corpochem Pvt Ltd                   Proposed LT Bk     CRISIL BBB-    70      Assigned
                                        Loan Fac
Genins India TPA Ltd                    CC                 CRISIL BBB-    25      Reaffirmed
Genins India TPA Ltd                    Proposed LT Bk     CRISIL BBB-    30      Reaffirmed
                                        Loan Fac
GKR Infratech Pvt Ltd                   Overdraft          CRISIL B-      80      Reaffirmed
GKR Infratech Pvt Ltd                   Proposed LT Bk     CRISIL B-      40      Reaffirmed
                                        Loan Fac
Hentech Agrovet Pvt Ltd                 CC                 CRISIL BB-     47.5    Reaffirmed
Hentech Agrovet Pvt Ltd                 Proposed LT Bk     CRISIL BB-     24.7    Reaffirmed
                                        Loan Fac
Hentech Agrovet Pvt Ltd                 TL                 CRISIL BB-     45.5    Assigned
Hind Construction                       CC                 CRISIL BB-     25      Assigned
Holiday Village Resorts Pvt Ltd         CC                 CRISIL         20      Reaffirmed
                                                           D(Issuer Not
                                                           Cooperating)
Holiday Village Resorts Pvt Ltd         TL                 CRISIL         151.2   Reaffirmed
                                                           D(Issuer Not
                                                           Cooperating)
Integra Automation Pvt Ltd              CC                 CRISIL BBB-    80      Reaffirmed
Integra Automation Pvt Ltd              Overdraft          CRISIL BBB-    10      Reaffirmed
Integra Automation Pvt Ltd              Proposed LT Bk     CRISIL BBB-    324     Reaffirmed
                                        Loan Fac
Integra Automation Pvt Ltd              TL                 CRISIL BBB-    56      Reaffirmed
Invent Assets Securitisation and        LT Loan            CRISIL BBB-    200     Reaffirmed
Reconstruction Pvt Ltd
Invent Assets Securitisation and        Proposed LT Bk     CRISIL BBB-    300     Reaffirmed
Reconstruction Pvt Ltd                  Loan Fac
Invent Assets Securitisation and        Overdraft          CRISIL BBB-    500     Reaffirmed
Reconstruction Pvt Ltd
Jagdamba Timbers Pvt Ltd                CC                 CRISIL B+      20      Assigned
Jai Mata Di Paper Mills Pvt Ltd         CC                 CRISIL D       50      Reaffirmed
Jai Mata Di Paper Mills Pvt Ltd         Proposed LT Bk     CRISIL D       20      Reaffirmed
                                        Loan Fac
Jai Mata Di Paper Mills Pvt Ltd         TL                 CRISIL D       50      Reaffirmed
Jai Multi Engineering Co.               WC Demand Loan     CRISIL B+      15      Assigned
Jai Multi Engineering Co.               TL                 CRISIL B+      10      Assigned
Jai Multi Engineering Co.               Proposed LT Bk     CRISIL B+      15      Assigned
                                        Loan Fac
Jai Multi Engineering Co.               CC                 CRISIL B+      40      Assigned
Jay Pee & Co.                           Proposed LT Bk     CRISIL BB+     120     Assigned
                                        Loan Fac
Jay Pee & Co.                           CC                 CRISIL BB+     18      Assigned
JWC Logistics Park Pvt Ltd              CC                 CRISIL BBB+    50      Reaffirmed
JWC Logistics Park Pvt Ltd              Proposed LT Bk     CRISIL BBB+    35      Reaffirmed
                                        Loan Fac
JWC Logistics Park Pvt Ltd              TL                 CRISIL BBB+    1185    Reaffirmed
JWL Cold Store Pvt Ltd                  CC                 CRISIL BBB+    20      Reaffirmed
JWL Cold Store Pvt Ltd                  Drop Line          CRISIL BBB+    17      Reaffirmed
                                        Overdraft Fac
JWL Cold Store Pvt Ltd                  Proposed LT Bk     CRISIL BBB+    11.4    Reaffirmed
                                        Loan Fac
JWL Cold Store Pvt Ltd                  TL                 CRISIL BBB+    101.6   Reaffirmed
JWR Logistics Pvt Ltd                   TL                 CRISIL BBB+    271     Reaffirmed
Kalpana Natural Forest Products Pvt Ltd CC                 CRISIL D       65      Reaffirmed
Kalpana Natural Forest Products Pvt Ltd TL                 CRISIL D       70      Reaffirmed
Kirti Infrastructures Ltd               CC                 CRISIL B       20      Downgraded
                                                                                  from CRISIL BB
Kodai Cars Pvt Ltd                      CC                 CRISIL B+      100     Assigned
Lakhy Constructions                     Proposed LT Bk     CRISIL B+      27.5    Reaffirmed
                                        Loan Fac
Lotus Woodtech Pvt Ltd                  TL                 CRISIL B       13      Assigned
Lotus Woodtech Pvt Ltd                  CC                 CRISIL B       40      Assigned
Lotus Woodtech Pvt Ltd                  Proposed LT Bk     CRISIL B       2       Assigned
                                        Loan Fac
Ma Shantimoyee Rice Mill Pvt Ltd        CC                 CRISIL BB      80      Reaffirmed
Manish Empire                           TL                 CRISIL D       126     Downgraded
                                                                                  from CRISIL B+
Mark International Foods Stuff Pvt Ltd  CC                 CRISIL BB      120     Reaffirmed
Mark International Foods Stuff Pvt Ltd  Proposed CC Limit  CRISIL BB      30      Assigned
Masta Machinery Stores Pvt Ltd          CC*                CRISIL BB      80
* Packing credit to the extent of Rs.1.50 crore as a sub limit of cash credit facility
Masta Machinery Stores Pvt Ltd          Proposed LT Bk     CRISIL BB      20.4    Reaffirmed
                                        Loan Fac
Mayanks Welfare Society                Proposed LT Bk     CRISIL BB-     25      Reaffirmed
                                        Loan Fac
Mehul Construction Company Pvt Ltd      Overdraft          CRISIL B+      240     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Mercury Travels Ltd                     CC                 CRISIL BBB-    200     Reaffirmed
Mercury Travels Ltd                     CC                 CRISIL BBB-    200     Reaffirmed
Motil Devi Organic Food Industries Pvt  CC                 CRISIL B       10      Reaffirmed
Ltd
Motil Devi Organic Food Industries Pvt  TL                 CRISIL B       50      Reaffirmed
Ltd
Movement Impex Trading Co.              Export Packing     CRISIL BB      105     Reaffirmed
                                        Credit
Movement Impex Trading Co.              Proposed LT Bk     CRISIL BB      5       Reaffirmed
                                        Loan Fac
National Rice Mill                      CC                 CRISIL B       48.9    Downgraded
                                                                                  from CRISIL B+
National Rice Mill                      Proposed LT Bk     CRISIL B       16.2    Downgraded
                                        Loan Fac                                  from CRISIL B+
Nauvata Engineering Pvt Ltd             WC TL              CRISIL B-      90      Reaffirmed
Naval Exporters and Importers Pvt Ltd   CC                 CRISIL B-      20      Reaffirmed
Naval Exporters and Importers Pvt Ltd   Foreign LOC        CRISIL B-      10      Reaffirmed
Naval Exporters and Importers Pvt Ltd   Packing Credit     CRISIL B-      18.5    Reaffirmed
                                        (pre-shipment
                                        credit)
Naval Exporters and Importers Pvt Ltd   Proposed CC Limit  CRISIL B-      30      Reaffirmed
Naval Exporters and Importers Pvt Ltd   TL                 CRISIL B-      37.5    Reaffirmed
Neo Builders and Developers             TL                 CRISIL D       200     Reaffirmed
Net Check Solutions India Pvt Ltd       CC                 CRISIL BB-     50      Assigned
Novus Green Energy Systems Pvt Ltd      CC                 CRISIL B       40      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Novus Green Energy Systems Pvt Ltd      Proposed WC Fac    CRISIL B       150     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Option Oxides Pvt Ltd                   CC                 CRISIL         148     Reaffirmed
                                                           D(Issuer Not
                                                           Cooperating)
Option Oxides Pvt Ltd                   LOC                CRISIL         40      Reaffirmed
                                                           D(Issuer Not
                                                           Cooperating)
Option Oxides Pvt Ltd                   Proposed LT Bk     CRISIL         146     Reaffirmed
                                        Loan Fac           D(Issuer Not
                                                           Cooperating)
Option Oxides Pvt Ltd                   TL                 CRISIL         66      Reaffirmed
                                                           D(Issuer Not
                                                           Cooperating)
P. D. Industries Pvt Ltd                CC                 CRISIL B       130     Downgraded
                                                                                  from CRISIL BB
P. D. Industries Pvt Ltd                Proposed LT Bk     CRISIL B       20      Downgraded
                                        Loan Fac                                  from CRISIL BB
Pampar Ovenfresh Foods Pvt Ltd          CC                 CRISIL BB-     25.5    Upgraded from
                                                                                  CRISIL B+
Pampar Ovenfresh Foods Pvt Ltd          Funded Interest TL CRISIL BB-     12.3    Upgraded from
                                                                                  CRISIL B+
Pampar Ovenfresh Foods Pvt Ltd          Proposed LT Bk     CRISIL BB-     72.5    Upgraded from
                                        Loan Fac                                  CRISIL B+
Pampar Ovenfresh Foods Pvt Ltd          TL                 CRISIL BB-     107.7   Upgraded from
                                                                                  CRISIL B+
Pampar Ovenfresh Foods Pvt Ltd          WC TL              CRISIL BB-     17      Upgraded from
                                                                                  CRISIL B+
Parmeshwari Silk Mills Ltd              CC                 CRISIL B       220     Downgraded
                                                                                  from CRISIL B+
Parmeshwari Silk Mills Ltd              LT Loan            CRISIL B       50      Downgraded
                                                                                  from CRISIL B+
Patel Trading Corporation               Overdraft          CRISIL B       70      Downgraded
                                                                                  from CRISIL BB
Pebco Motors Ltd                        CC                 CRISIL BBB-    15      Reaffirmed
Pebco Motors Ltd                        Inventory Funding  CRISIL BBB-    105     Reaffirmed
                                        Fac
Picson Construction Equipments Pvt Ltd  CC                 CRISIL B+      60      Reaffirmed
Pondy Venkateswara Modern Rice Mill     CC                 CRISIL B       55      Downgraded
                                                                                  from CRISIL B+
Pondy Venkateswara Modern Rice Mill     Proposed LT Bk     CRISIL B       5       Downgraded
                                        Loan Fac                                  from CRISIL B+
Premier Engineers                       CC                 CRISIL B       10      Downgraded
                                                                                  from CRISIL BB
Premier Engineers                       LOC                CRISIL B       40      Downgraded
                                                                                  from CRISIL BB
Premier Engineers                       Proposed LT Bk     CRISIL B       10      Downgraded
                                        Loan Fac                                  from CRISIL BB
Premier Engineers                       TL                 CRISIL B       25      Downgraded
                                                                                  from CRISIL BB
Prijai Heat Exchangers Pvt Ltd          CC                 CRISIL B       100     Downgraded
                                                                                  from CRISIL BB
Prijai Heat Exchangers Pvt Ltd          LT Loan            CRISIL B       18.3    Downgraded
                                                                                  from CRISIL BB
Prijai Heat Exchangers Pvt Ltd          Proposed LT Bk     CRISIL B       138.7   Downgraded
                                        Loan Fac                                  from CRISIL BB
Prijai Heat Exchangers Pvt Ltd          WC Demand Loan     CRISIL B       23      Downgraded
                                                                                  from CRISIL BB
ProTAC Foods International Pvt Ltd      TL                 CRISIL B       185     Assigned
ProTAC Foods International Pvt Ltd      CC                 CRISIL B       40      Assigned
ProTAC Foods International Pvt Ltd      Proposed LT Bk     CRISIL B       25      Assigned
                                        Loan Fac
R B A Exports Pvt Ltd                   CC*                CRISIL BBB-    200     Reaffirmed
* Interchangeable with EPC/FBP/FBN/PCFC/PSFC
R B A Exports Pvt Ltd                   TL                 CRISIL BBB-    100     Reaffirmed
R N Builders                            Cash TL            CRISIL B       90      Assigned
R. S. Steels                            CC                 CRISIL B       97.5    Downgraded
                                                                                  from CRISIL
                                                                                  BB-/Stable*
R. S. Steels                            Channel Financing  CRISIL B       202.5   Downgraded
                                                                                  from CRISIL
                                                                                  BB-/Stable*
R.K. Steel Manufacturing Company Pvt LtdBill Discounting   CRISIL B       20      Downgraded
                                                                                  from CRISIL
                                                                                  BB/Stable)*
R.K. Steel Manufacturing Company Pvt LtdCC                 CRISIL B       300     Downgraded
                                                                                  from CRISIL
                                                                                  BB/Stable)*
Rajdeep Publicity Pvt Ltd               CC                 CRISIL B+      30      Downgraded
                                                                                  from CRISIL B+
Rajdeep Publicity Pvt Ltd               Rupee TL           CRISIL B+      67.5    Downgraded
                                                                                  from CRISIL B+
Rajdeep Publicity Pvt Ltd               Rupee TL           Withdrawal     44.2    Assigned
Rami Chandidas Rice Mill Pvt Ltd        CC                 CRISIL B       25      Downgraded
                                                                                  from CRISIL B+
Rami Chandidas Rice Mill Pvt Ltd        Proposed LT Bk     CRISIL B       10.4    Downgraded
                                        Loan Fac                                  from CRISIL B+
Rami Chandidas Rice Mill Pvt Ltd        TL                 CRISIL B       33.6    Downgraded
                                                                                  from CRISIL B+
Renny Steels                            CC                 CRISIL B       195     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Riya Travel and Tours India Pvt Ltd     CC                 CRISIL BBB     1550    Reaffirmed
Riya Travel and Tours India Pvt Ltd     TL                 CRISIL BBB     380     Reaffirmed
Romega Foam Pvt Ltd                     CC                 CRISIL B       65      Reaffirmed
Romega Foam Pvt Ltd                     LT Loan            CRISIL B       10      Reaffirmed
Roots Cooling Systems Pvt Ltd           CC                 CRISIL BB-     99      Reaffirmed
Roots Cooling Systems Pvt Ltd           Proposed CC Limit  CRISIL BB-     11      Assigned
S.R.K. Fabrics                          CC                 CRISIL         60      Reaffirmed
                                                           D(Issuer Not
                                                           Cooperating)
S.R.K. Fabrics                          Proposed LT Bk     CRISIL         33      Reaffirmed
                                        Loan Fac           D(Issuer Not
                                                           Cooperating)
S.R.K. Fabrics                          TL                 CRISIL         32      Reaffirmed
                                                           D(Issuer Not
                                                           Cooperating)
Safilo Healthcare                       CC                 CRISIL B       35      Reaffirmed
Safilo Healthcare                       TL                 CRISIL B       62.5    Reaffirmed
Sangam Forgings Pvt Ltd                 CC                 CRISIL B       50      Reaffirmed
Sangam Forgings Pvt Ltd                 Proposed LT Bk     CRISIL B       19      Reaffirmed
                                        Loan Fac
Saroj Prints (Chennai) Pvt Ltd          CC                 CRISIL B       20      Reaffirmed
Saroj Prints (Chennai) Pvt Ltd          Proposed LT Bk     CRISIL B       50      Reaffirmed
                                        Loan Fac
Saroj Prints (Chennai) Pvt Ltd          TL                 CRISIL B       30      Reaffirmed
SAS Trading Company                     CC                 CRISIL C       50      Reaffirmed
SAS Trading Company                     TL                 CRISIL C       19.2    Reaffirmed
Satvik Enterprises Ltd                  CC                 CRISIL BBB-    150     Reaffirmed
Schreiber Dynamix Dairies Pvt Ltd       CC#                CRISIL AA-     310     Reaffirmed
# Interchangeable with export packing credit, post shipment credit and non-fund based bank
facilities.
Schreiber Dynamix Dairies Pvt Ltd       CC                 CRISIL AA-     250     Reaffirmed
Schreiber Dynamix Dairies Pvt Ltd       Proposed LT Bk     CRISIL AA-     540     Reaffirmed
                                        Loan Fac
Sesha Sai Cotton Company                CC                 CRISIL B       55      Assigned
Sesha Sai Cotton Company                Proposed LT Bk     CRISIL B       5       Assigned
                                        Loan Fac
Shah Paperplast Industries Ltd          CC                 CRISIL B       10      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Shah Paperplast Industries Ltd          Proposed LT Bk     CRISIL B       10      Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Shah Paperplast Industries Ltd          TL                 CRISIL B       37.1    Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Shera Energy Pvt Ltd                    CC                 CRISIL BB+     300     Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Shera Energy Pvt Ltd                    Corporate Loan     CRISIL BB+     35.6    Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Shera Energy Pvt Ltd                    LT Loan            CRISIL BB+     30      Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Shera Energy Pvt Ltd                    Proposed LT Bk     CRISIL BB+     84.4    Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB-
Shera Energy Pvt Ltd                    Standby Line of    CRISIL BB+     10      Downgraded
                                        Credit                                    from CRISIL
                                                                                  BBB-
Shiksha Prasarini Samiti Pt. Madan      Proposed FB Bk     CRISIL B       10      Downgraded
Mohan Malviya Vidya Mandir              Limits                                    from CRISIL
                                                                                  B+/Stable*
Shivalik Containers Pvt Ltd             CC                 CRISIL B       70      Reaffirmed
Shivalik Containers Pvt Ltd             TL                 CRISIL B       10      Reaffirmed
Shree Ganesh Rice Mill                  CC                 CRISIL B+      120     Upgraded from
                                                                                  CRISIL B
Shree Ganesh Rice Mill                  Proposed FB Bk     CRISIL B+      50      Upgraded from
                                        Limits                                    CRISIL B
Shree Shyam Bearings Pvt Ltd            CC                 CRISIL D       220     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Shree Shyam Bearings Pvt Ltd            LOC                CRISIL D       25      Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Shree Tulsi Tea Company Pvt Ltd         CC                 CRISIL B       47.5    Downgraded
                                                                                  from CRISIL BB
Shree Tulsi Tea Company Pvt Ltd         Proposed LT Bk     CRISIL B       52.5    Downgraded
                                        Loan Fac                                  from CRISIL BB
Shri Krishnakripa Jewellers Pvt Ltd     CC                 CRISIL B+      60      Assigned
Shri Mahadev Silk Mills Pvt Ltd         CC                 CRISIL B       35      Reaffirmed
Shri Mahadev Silk Mills Pvt Ltd         LT Loan            CRISIL B       26.4    Reaffirmed
Shri Mahadev Silk Mills Pvt Ltd         Proposed LT Bk     CRISIL B       1       Reaffirmed
                                        Loan Fac
Shri Mahadev Silk Mills Pvt Ltd         TL                 CRISIL B       10.6    Reaffirmed
Sri Kailasanadha Cotton Syndicate Pvt   Proposed CC Limit  CRISIL         20      Downgraded
Ltd                                                        D(Issuer Not           from CRISIL B
                                                           Cooperating
Sri Kailasanadha Cotton Syndicate Pvt   CC                 CRISIL         100     Downgraded
Ltd                                                        D(Issuer Not           from CRISIL B
                                                           Cooperating)
Sri Kailasanadha Cotton Syndicate Pvt   Proposed CC Limit  CRISIL         20      Downgraded
Ltd                                                        D(Issuer Not           from CRISIL B
                                                           Cooperating)
Sri Kailasanadha Cotton Syndicate Pvt   CC                 CRISIL         100     Downgraded
Ltd                                                        D(Issuer Not           from CRISIL B
                                                           Cooperating)
Sri Kaliswari Metal Powders Pvt Ltd     CC                 CRISIL BB+     40      Reaffirmed
Sri Kaliswari Metal Powders Pvt Ltd     Proposed LT Bk     CRISIL BB+     15      Reaffirmed
                                        Loan Fac
Sri Madan Gopal Bhikam Chand Marketing  CC                 CRISIL B-      20      Reaffirmed
Pvt Ltd
Sri Madan Gopal Bhikam Chand Marketing  Foreign Bill       CRISIL B-      60      Reaffirmed
Pvt Ltd                                 Purchase
Srivenkateshwar Tradex Pvt Ltd          CC                 CRISIL B       100     Reaffirmed
SSG Pharma Pvt Ltd                      Auto loans         CRISIL B+      11.4    Reaffirmed
SSG Pharma Pvt Ltd                      CC                 CRISIL B+      60      Reaffirmed
SSG Pharma Pvt Ltd                      Proposed LT Bk     CRISIL B+      92.6    Reaffirmed
                                        Loan Fac
STS Utility Services                    CC                 CRISIL B       30      Reaffirmed
STS Utility Services                    Proposed LT Bk     CRISIL B       0.1     Reaffirmed
                                        Loan Fac
STS Utility Services                    TL                 CRISIL B       17.7    Reaffirmed
Superfine Components Pvt Ltd            CC                 CRISIL B       35      Reaffirmed
Superfine Components Pvt Ltd            Proposed LT Bk     CRISIL B       47      Reaffirmed
                                        Loan Fac
Superfine Components Pvt Ltd            TL                 CRISIL B       18      Reaffirmed
Supreme Coated Board Mills Pvt Ltd      TL                 CRISIL D       240     Assigned
Symcom Impex Pvt Ltd                    CC                 CRISIL B+      150     Reaffirmed
Symcom Impex Pvt Ltd                    Proposed LT Bk     CRISIL B+      100     Reaffirmed
                                        Loan Fac
Tata Realty and Infrastructure Ltd      NCD                CRISIL AA      2500    Assigned
Tata Realty and Infrastructure Ltd      NCD                CRISIL AA      27500   Reaffirmed
The Shivalika Rugs                      Bill Discounting   CRISIL B       30      Downgraded
                                                                                  from CRISIL BB
The Shivalika Rugs                      Export Packing     CRISIL B       18      Downgraded
                                        Credit                                    from CRISIL BB
United Electrical Industries Ltd        CC                 CRISIL         40      Reaffirmed
                                                           C(Issuer Not
                                                           Cooperating)
United Electrical Industries Ltd        Proposed CC Limit  CRISIL         60      Reaffirmed
                                                           C(Issuer Not
                                                           Cooperating)
Vaishnav Cashews                        CC                 CRISIL B       55      Downgraded
                                                                                  from CRISIL B+
Vimal Industries                        CC                 CRISIL D       40      Reaffirmed
Vimal Industries                        Proposed LT Bk     CRISIL D       12.7    Reaffirmed
                                        Loan Fac
Vimal Industries                        TL                 CRISIL D       27.3    Reaffirmed
Vision Minerals and Energy              CC                 CRISIL D       22.5    Downgraded
                                                                                  from CRISIL
                                                                                  BB-/Stable)*
Vision Minerals and Energy              Export Packing     CRISIL D       60      Downgraded
                                        Credit & Export                           from CRISIL
                                        Bills Negotiation/                        BB- 
                                        Foreign Bill 
                                        Discounting         
Zuari Cement Ltd                        CC                 -              1500    Withdrawal
Zuari Cement Ltd                        LOC & BG           -              50      Withdrawal
Zuari Cement Ltd                        LT Loan            -              7980    Withdrawal
--------------------------------------------------------------------------------------------
$: 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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