Long-term debt programs of Indian firms rated by FITCH-PART III

Urban Local Bodies - Thane NLTIR
AA-(ind) Assigned Urban Local Bodies - Ujjain

NLTIR BB(ind) Assigned ULS
Trust Series I SeriesA4
BBB(ind) 250.1 Downgraded ULS Trust III

SeriesA1 BBB(ind) 21.9 Downgraded
ULS Trust Series I SeriesA2
BBB(ind) 904.9 Downgraded Variegate Projects Pvt. Ltd.

NLTR BBB-(ind) Assigned
Variegate Projects Pvt. Ltd. FB WCL
BBB-(ind) 200 Assigned Variegate Projects Pvt. Ltd.

NFB WCL BBB-(ind) 640 Assigned
Varun Shipping Company Ltd National LT rating
A(ind) Downgraded Varun Shipping Company Ltd

LT Bank Loans A(ind) 22370 Downgraded
Varun Shipping Company Ltd LT Bank Loans
A(ind) 8469 Downgraded Vedanta Resources PLC

Senior Unsecured

Unsubordinated Bond Issue
BB+ 1250 Assigned VHB Lifesciences Ltd.

LT loan BBB-(ind) 40 Assigned VHB
Lifesciences Ltd. WC Loan
BBB-(ind) 920 Assigned VHB Medisciences Ltd.

LT Loans BB+(ind) 766.8 Assigned VHB
Medisciences Ltd. FB Cash Credit Limit
BB+(ind) 400 Assigned Videocon Industries Ltd

LT Bank Lines A-(ind) 41623.5 Assigned
Videocon Industries Ltd Issuer Rating
A-(ind) Assigned Videocon Industries Ltd

FBL A-(ind)/ 875 Assigned
F1(ind) Videocon Industries Ltd Non-FBL

A-(ind)/ 2375 Assigned F1(ind) Videocon
Industries Ltd Working Capital Limits A-(ind)/

9675 Assigned F1(ind) Viramgam Mahesana Project Ltd.
Secured NCD AA+(ind) 950 Withdrawn
Viramgam Mahesana Project Ltd. NCD
AA-(ind) 630 Withdrawn Wanbury Ltd.

LT Loans BB+ 2852 Downgraded
Wanbury Ltd. Cash Credit
BB+ 410 Downgraded Water & Sanitation Pooled Fund

Series II Bond Issue AA(ind)(so) 450 Assigned
Water & Sanitation Pooled Fund Series I Bond Issue
AA(ind)(so) 304.1 Assigned West Bengal Infrastructure Dev
Fin LTD (Series 2007) A(ind)(SO) Assigned
West Bengal Infrastructure Dev Fin Bonds
A(ind)(SO) Assigned West Bengal Infrastructure Dev
Fin Series 2007-08 bonds A(ind)(SO) 10000 Assigned
West Bengal Infrastructure Dev Fin Ser 2004-05/2005-06 bonds
A(ind)(SO) 10000 Assigned Whirlpool of India Limited

INR1250 Mln Secured NCR

Debenture Series-II Pgm
AAA(ind)(so) Withdrawn Wipro Ltd.

National LT rating AAA(ind) Withdrawn
Wipro Ltd. NCD
AAA(ind) Withdrawn Wockhardt Ltd

National LT Rating A(ind) Downgraded
Wockhardt Ltd LT NCD
A(ind) 2000 Downgraded Wockhardt Ltd

LTL/FB Cash Credit A(ind) 2500 Downgraded
Wockhardt Ltd. NLTR
BBB(ind)@ Downgraded Wockhardt Ltd

NLTIR D Downgraded
Wockhardt Ltd. LT NCD
BBB(ind) 2000 Downgraded Wockhardt Ltd.

LT Loans BBB(ind) 2500 Downgraded
Wockhardt Ltd. Fund Based Cash Credit
BBB(ind) 2500 Downgraded Xenitis Infotech Ltd.

NLTIR BBB(ind) Assigned
Xenitis Infotech Ltd. LT Bank Loans
BBB(ind) 90 Assigned Xenitis Infotech Ltd.

FBL-Working Capital BBB(ind) 1600 Assigned
XPRO India Ltd. National LT Issuer Rating
BBB-(ind) Assigned XPRO India Ltd.

Fund Based WC Lines BBB-(ind)/ F3(ind) 308.5
Assigned XPRO India Ltd. Term Loans

BBB-(ind) 267.3 Assigned
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-----------------------------#: Rating Watch with Developing
implications @: Rating Watch with Negative Implications %:
Rating under Credit Watch wd -Rating Stands Withdrawn sp
-Rating Suspended CCPS-Cumulative Convertible Preference Share;
CPS-convertible preference shares; DDB-Deep Discount Bond;
EPBI-Exchange premium bond; FRB/FRN-Floating Rate Bond/Note;
FRD-floating rate debentures; MOCD-multiple option convertible
debenture; MTN-medium term notes; NCB- non-convertible bond;
NCD(SO)-Non Convertible Debenture-(Structured Obligation);
NCD-Non- Convertible Debenture; NCRB-Non Convertible Redeemable
Bonds; NM-Not Meaningful; OCD- optionally convertible
debenture; OFCD-Optionally Fully Convertible Debenture; PCD-
Partially Convertible Debenture; PCN-partly convertible notes;
POCD-partly optional convertible debentures; PP-privately
placed; PS-Preference Shares; PTC-Pass Through Certificates;
RPS-Redeemable Preference Shares; SCPN-secured convertible
preference notes; SDO-Structured Debt Obligation; SLR-Statutory
Liquidity Ratio; SPN-secured premium notes; TB-Taxable Bond;
TFB-Tax Free Bond; TOCD-triple option convertible debentures;
LTCD-Long Term Convertible Debenture; NIR-National Issuer
Rating; NLTR-National Long Term Rating; NLTIR-National Long
Term Issuer Rating; FCIDR-Foreign Currency Issuer Default
Rating; NIFS-National Insurer Financial Strength; FBL-Fund
Based Bank Limits; WC-Working Capital.
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