June 5, 2017 / 4:26 AM / in 5 months

CARE ratings for Indian debt instruments-Jun 5

   Jun 5 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE)
for local debt instruments as of June 2, 2017.

COMPANY                               INSTRUMENT         RATING        AMOUNT   MOVEMENT
-------                               ----------         ------        -------  ---------
Chaitanya Electric Company            ST Bk Fac          CARE A4        50      Assigned
Punjab Bevel Gears Ltd                ST Bk Fac          CARE A3        327.5   Suspension
                                                                                Revoked and
A.S. Motors Pvt Pvt Ltd               LT Bk Fac          CARE B+        234     Reaffirmed
Chaitanya Electric Company            LT Bk Fac          CARE B +       10      Assigned
Goodluck Advances And Finlease Ltd    LT Bk Fac                                 Withdrawn
Gwalior Bypass Project Ltd            NCD issue          CARE D         1720.3  Revised from
                                                                                CARE BB (SO)
Hs Weavers Pvt Ltd                    LT Bk Fac          CARE BB-       58.9    Assigned
Idbi Mutual Fund -Idbi Ultra Short Term Open Ended Debt  CARE AA- mfs           Revised from
Fund                                  Scheme                                    CARE AAAmfs
Natural Cotton Spinners Pvt Ltd       LT Bk Fac          CARE BB -      212     Assigned
Punjab Bevel Gears Ltd                LT Bk Fac          CARE BBB-      280.7   Suspension
                                                                                Revoked and
R. S. Enterprises                     LT Bk Fac          CARE B+        90      Assigned
Shiv Jyoti Rice Mills                 LT Bk Fac          CARE B         64.8    Assigned
Zim Laboratories Ltd                  LT/ST Bk Fac       CARE BB+/A4+;  150     Assigned
$: 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wd -Rating Stands Withdrawn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

CARE 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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