Short-term debt programs of Indian firms rated by FITCH

August 11 (Reuters) - Below are the ratings awarded by FITCH
Ratings India Private Ltd. on short-term debt issues, including
commercial paper, of Indian companies. RATINGS BEEN ISSUED AND
UPDATED TILL AUGUST 8, 2008
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------------------------------Company

Instrument Rating Amount Movement

(Rs.mln) ------
---------- ------ ------- --------- Aban
Offshore Ltd. STD/CP F1+

250 Withdrawn ACC Ltd
Letter Of Credit F1+(ind) 5000 Assigned Adhunik
Metaliks Ltd ST Bank Loans F1(ind)

2000 Assigned Adhunik Metaliks Ltd
Non-FBL-Working Capital F1(ind) 3750 Assigned Adhunik
Metaliks Ltd CP F1(ind)

500 Assigned AK Trust 2008 - I
Series A1 PTCs F1+(ind)(SO) 947.2 Assigned Ambica
Steels Ltd Sanctioned non-FBL F3(ind)

1250 Assigned Amrutanjan Ltd CP

F1(ind) 30 Withdrawn Amrutanjan
Ltd. CP F1(ind)
30000 Withdrawn Andhra Bank CD

F1+(ind) 15000 Reaffirmed Andhra Bank

NSTIR F1+(ind)

Reaffirmed Ansal Properties & Infrastructure
Outstanding ST Bank Loan F1(ind) 200 Assigned Ansal
Properties & Infrastructure Non-FBL Working Capital F1(ind)

1500 Assigned Ansal Properties & Infrastructure STD

F1(ind) 1000 Assigned APR
Packaging Ltd. CP
F1+(ind) 500 Withdrawn Arch Pharmalabs Ltd

CP/STD F1(ind) 400 Reaffirmed
Arch Pharmalabs Ltd. CP/STD
F1(ind) 600 Reaffirmed Arch Pharmalabs Ltd.

CP/STD F1(ind) 300 Enhanced
Arvind Mills Ltd. CP
F1(ind) 250 Withdrawn Aurobindo Pharma Ltd.

Short Term Bank Loans F1(ind) 125 Assigned
Bajaj Hindusthan Ltd ST Non FBL
F1(ind) 3500 Assigned Bajaj Hindusthan Ltd

CP/STD F1(ind) 7500 Assigned
Bajaj Hindusthan Sugar Industry Ltd ST Non Fund-Based Limits
F3(ind) 1005 Assigned Ballarpur Industries Ltd.

CP F1+(ind) 1000 Reaffirmed
Ballarpur Industries Ltd. STD
F1+(ind) 500 Reaffirmed Balmer Lawrie & Co. Ltd.

CP F1+(ind) Reaffirmed
Banc of America Sec (I) Pvt. Ltd. NSTIR
F1+(ind) Reaffirmed Banc of America Sec (I) Pvt.
Ltd. STD F1+(ind) 2000
Reaffirmed Barclays Bank PLC's Mumbai branch CD

F1+(ind) 10000 Assigned Bharat Heavy
Electricals Ltd ST Non FBL F1+(ind)
17730 Assigned Bhushan Steel Limited STD

F1(ind) 5000 Assigned Bhushan Steel
Limited ST Post-shipment

Finance Limits
F1(ind) 2000 Assigned Bhushan Steel Limited

ST Working Capital Non

FBL(Letters of Credit)
F1(ind) 10430 Assigned Bhushan Steel Limited

CP F1(ind) 1500 Assigned
Bhushan Power & Steel Ltd STD/CP
F2+(ind) 2000 Assigned Bhushan Power & Steel Ltd

ST Bank Loans F2+(ind) 5500 Assigned
Bhushan Power & Steel Ltd Non-fund based working

capital limits
F2+(ind) 9500 Assigned BHW Home Finance Limited

National Short Term F1+ Assigned
Bilcare Ltd. Working capital bk limit
F1(ind) 1230 Assigned Binani Cement Ltd

ST Non FBL F1(ind) 1607 Assigned
Blue Dart Express Ltd. CP/STD
F1+(ind) 300 Reaffirmed Canara Bank

STFCID F3 Assigned
Centurion Bank Ltd.-Retail Pool Trust February 2005

PTC Ser. A1 F1+(ind)(SO) Withdrawn
Centurion Bank Ltd.-Retail Pool Trust February 2005

PTC Ser. A2 F1+(ind)(SO) Withdrawn
Centurion Bank Ltd.-Retail Pool Trust February 2005

PTC Ser. A3 F1+(ind)(SO) Withdrawn
Centurion Bank Ltd.-Retail Pool Trust September 2004

PTC Ser. A1 F1+(ind)(SO) Withdrawn
Centurion Bank of Punjab CD
F1+(ind) 10000 Enhanced Century Textiles and Industries

ST FBL F1+(ind) 5000 Assigned
Century Textiles and Industries ST Non-FBL
F1+(ind) 5753 Assigned Century Textiles and Industries

CP/STD F1+(ind) 4000 Reaffirmed
Chemplast Sanmar Ltd. Non-FBL
F2(ind) 858 Assigned Chemplast Sanmar Ltd.

Unsecured Non FBL F2(ind) 650 Assigned
Chemplast Sanmar Ltd. CP
F1+(ind) 200 Withdrawn Citibank, N.A.

CD F1+(ind) 50000 Reaffirmed
Claris Lifesciences Ltd FBL
F2+(ind) 415 Assigned Claris Lifesciences Ltd

Non FBL F2+(ind) 640 Assigned
CLSS 22 Trust 2009 Series A PTCs
F1+(ind)(SO) Assigned Collateralised Debt Trust Series
17 PTC F1+(ind)(SO) 502 Assigned
Colour Roof India Limited Short-term debt
F2 490 Assigned CLSS 22 Trust 2009.

Series A PTCs F1+(ind)(SO) Assigned
Corporate Loan Securitisation Series I Trust 2008

PTC F1(ind)(SO) 251.9
Assigned Corporate Loan Securitisation Series II Trust 2006

PTC F1+(ind)(SO)
Withdrawn Corporate Loan Securitisation Series X Trust 2006

PTC F1+(ind)(SO)
Withdrawn Corporate Loan Securitisation Series XI Trust 2006

PTC F1+(ind)(SO)
Withdrawn Corporate Loan Securitisation Series XXXIII Trust
2006 Series B PTCs F1+(ind)(SO)
Assigned Cosmo Films Ltd. Non-fund Based

Working Capital
F1(ind) 440 Assigned Cosmo Films Ltd.

CP F1(ind) 100 Assigned
Credit Asset Trust Series II PTC
F1+(ind)(SO) Withdrawn Credit Asset Trust Series III

PTC F1+(ind)(SO) Withdrawn
Credit Asset Trust Series IV PTC
F1+(ind)(SO) Withdrawn Credit Asset Trust Series XI

PTC F1+(ind)(SO) 2558.9 Assigned
Credit Asset Trust Series XII PTC
F1+(ind)(SO) 921 Assigned Credit Asset Trust Series XIII

PTC F1+(ind)(SO) 1125.7 Assigned
Credit Asset Trust Series XIX Class A1(IO)
F1+(ind)(SO) Assigned Credit Asset Trust Series XIX

Class A1(PO) F1+(ind)(SO) Assigned
Credit Asset Trust Series XIX Class A2(IO)
F1+(ind)(SO) Assigned Credit Asset Trust Series XIX

Class A2(PO) F1+(ind)(SO) Assigned
Credit Asset Trust Series XIX Class A3
F1+(ind)(SO) Assigned