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India Ratings for Indian debt instruments – Mar 14
March 14, 2017 / 4:21 AM / 6 months ago

India Ratings for Indian debt instruments – Mar 14

    Mar 14 (Reuters) - Below are the ratings awarded by India Ratings and Research Private Ltd
(India Ratings), formerly known as Fitch Ratings India for local debt instruments as of
March 10 & 13, 2017.

COMPANY                         INSTRUMENT                  RATING       AMOUNT   MOVEMENT
                                                                         (RS.MLN)
------                          ----------                  ------       ------   ---------
SHORT TERM RATINGS:
-------------------
Eesavyasa Technologies Pvt Ltd  Non- FB WC limits      IND A4+          30       Assigned
Kanchi Karpooram Ltd            NFBF                   IND A4+          100      Assigned

LONG TERM RATINGS:
-------------------
Sbi Capital Markets Ltd         CP                     IND A1+          10000    Assigned
Aditya Birla Housing Finance LtdSubordinated debt      IND AA+          2000     Assigned
Aditya Birla Housing Finance LtdNCD                    IND AA+          5000     Assigned
Eesavyasa Technologies Pvt Ltd  FB WC limits           IND BB /IND A4+  30       Assigned
Kamineni Educational Society    TL                     IND BBB-         500      Assigned
Kamineni Educational Society    Non-FB WC              IND BBB-         200      Assigned
Kamineni Educational Society    FB WC                  IND BBB-         50       Assigned
Kanchi Karpooram Ltd            FBF                    IND BB- /IND A4+ 70       Assigned
Navi Mumbai Municipal           LT                     IND AA+          -        Affirmed
Corporation
Ongc Mangalore Petrochemicals   NCD                    IND AAA/RWE      5000     Affirmedand
Ltd.                                                                             maintained on
                                                                                 RWE
Ongc Mangalore Petrochemicals   NCD                    IND AAA/RWE      20000    Affirmedand
Ltd.                                                                             maintained on
                                                                                 RWE
Sbi Capital Markets Ltd         Bk loan                IND AAA          10000    Assigned
Sethu Educational Trust         TL                     IND BB           270.06   Assigned
Siddhi Ganesh Rice Industries   FB limits              IND B+           575      Assigned
Siksha O Anusandhan             TL-I                   IND BBB-         31.99    Assigned
Siksha O Anusandhan             TL-II                  IND BBB-         29.99    Assigned
Siksha O Anusandhan             TL-III                 IND BBB-         33.95    Assigned
Siksha O Anusandhan             TL-IV                  IND BBB-         159.99   Assigned
Siksha O Anusandhan             TL-V                   IND BBB-         79.99    Assigned
Siksha O Anusandhan             TL-VI                  IND BBB-         299.99   Assigned
Siksha O Anusandhan             TL-VII                 IND BBB-         119.99   Assigned
Siksha O Anusandhan             TL-VIII                IND BBB-         550      Assigned
Siksha O Anusandhan             TL-IX                  IND BBB-         333.3    Assigned
Siksha O Anusandhan             TL-X                   IND BBB-         95.3     Assigned
-----------------------------------------------------------------------------------------------
Note:- All Indian National-scale ratings previously assigned by Fitch have been transferred to
India Ratings & Research Private Ltd (India Ratings), which is a wholly owned subsidiary of the
Fitch Group. The withdrawn criteria are now available on India Ratings' website at
www.indiaratings.co.in

$: 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

INDIA RATINGS 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; RWN- Rating
Watch Negative;
RWN- Rating Watch Evolve.

(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222, E-mail at
rru.data@thomsonreuters.com)

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