April 6, 2018 / 12:18 PM / 3 months ago

CARE ratings for Indian debt instruments-Apr 6

    Apr 6 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE)
for local debt instruments as of April 5, 2018.


COMPANY                               INSTRUMENT         RATING        AMOUNT   MOVEMENT
                                                                       (RS.MLN)
-------                               ----------         ------        -------  ---------
SHORT TERM RATINGS:
-------------------
A.K. Builders                         ST Bk Fac          CARE A4        100
Issuer not cooperating
Aaren Exports                         ST Bk Fac          CARE A4        154     -
ISSUER NOT COOPERATING
Agc Networks Ltd                      ST Bk Fac          CARE A4        387     Revised from
                                                                                CARE A4
ISSUER NOT COOPERATING/(reduced from Rs.151.55 crore Crore)
Agrimas Chemicals Ltd                 ST Bk Fac          CARE A3        180     Reaffirmed
Ai Champdany Industries Ltd           ST Bk Fac          CARE A4+       598.4   Revised from
                                                                                CARE A4
Amar Polyfils Pvt Ltd                 ST Bk Fac          CARE A4        13.8
Ansapack Pvt Ltd                      ST Bk Fac          CARE A4+       167.5   Revised from
                                                                                CARE A3
Associated Stone Industries (Kotah) LtST Bk Fac          CARE A3+       250
Issuer Not Co-operating
Autolite (India) Ltd                  ST BkFac           CARE A4        155
Issuer Not Co-operating
Avg Logistics Pvt Ltd.                ST Bk Fac          CARE A3+       85      Revised from
                                                                                CARE A3
B. D. Overseas & Fiscal Services Ltd  ST Bk Fac          CARE A4        10      Reaffirmed
Balkrishna Textile Pvt Ltd            ST Bk Fac          CARE A3        200
Issuer not cooperating
Baroda Hi-Tech Alloys Pvt Ltd         ST Bk Fac          CARE A3+       65      Revised from
                                                                                CARE A3
Bharat Urban Infra Developers Pvt Ltd ST Bk Fac          CARE A4        150     Revised from
                                                                                CARE A4
Issuer not cooperating
Bhavani Cotspin Llp                   ST BkFac           CARE A4+       26.3    -
ISSUER NOT COOPERATING
Bhilosa Industries Pvt Ltd            ST Bk Fac          CARE A1+       7900    Reaffirmed
Bhilosa Industries Pvt Ltd            Proposed CP Issue  CARE A1+       100     Reaffirmed
                                      (Carved out)
Bony Polymers Pvt Ltd                 ST Bk Fac (Fund    CARE A3        96      Reaffirmed
                                      Based)
Bony Polymers Pvt Ltd                 ST Bk Fac (Non     CARE A3        40      Reaffirmed
                                      Fund Based)
Brandavan Food Products               ST Bk Fac          CARE A4+       220     Reaffirmed
Bundy India Ltd                       ST Bk Fac          CARE A2+       10      Revised from
                                                                                CARE A2 
Caparo Maruti Ltd                     Bk Fac - Non-fund  CARE A2+       87.5    Reaffirmed
                                      -based – ST -
                                      BG/LC
Caparo Maruti Ltd                     Bk Fac - FB – ST   CARE A2+       350     Reaffirmed
                                      - Invoice Financing
Caparo Maruti Ltd                     ST Instruments- CP CARE A2+       300     Reaffirmed
                                      programme*
* carved out of the working capital limits of the company 
Card Pro Solutions Pvt Ltd            ST Bk Fac          CARE A4        23      Reaffirmed
Celebi Nas Airport Services India Pvt ST Bk Fac (Non-FB  CARE A1        700     Revised from
Ltd                                   - BG/ LC)                                 CARE A2+
Century Infrapower Pvt Ltd            ST Bk Fac          CARE A4+       400
Issuer not cooperating
Chettinad Builders Pvt Ltd            ST Bk Fac#         CARE A1        100     Reaffirmed
#Backed by corporate guarantee from South India Corporation Private Limited (SICPL,rated CARE A;
Stable ,CARE A1) 
Cipriani Harrison Valves Pvt Ltd      ST Bk Fac          CARE A4+       12.4    Revised from
                                                                                CARE A4
Clariant Chemicals (India) Ltd        ST Bk Fac          CARE A1+       700     #
                                      (non-fund based)                          
(enhanced from Rs.40 crore Crore)
Coromandel Agrico Pvt Ltd             ST Bk Fac          CARE A3        220     Reaffirmed
Fibremarx Papers Pvt Ltd              ST Bk Fac          CARE A4        25      Reaffirmed
(reduced from 15.50 Crore)
Firstsource Solutions Ltd             CP*                CARE A1        500     Reaffirmed
*carved out of sanctioned working capital limits.
Firstsource Solutions Ltd             ST Bk Fac          CARE A1        1320    Reaffirmed
Fluentgrid Ltd                        ST BkFac           CARE A3+       491.2   Reaffirmed
(Reduced from 52.00 Crore)
Foods And Inns Ltd                    Short -term Bk Fac CARE A4+       367.5
                                      (Non-fund based)
Issuer not cooperating
Fortune Stones Ltd                    ST Bk Fac          CARE A3+       275     Reaffirmed
G.S. Radiators Ltd                    ST Bk Fac          CARE A4        80      Reaffirmed
Gajanand Spintex India Pvt Ltd        ST Bk Fac          CARE A4        1       Reaffirmed
Ganpati Infrapower Pvt Ltd            ST Bk Fac          CARE A4+       450     Reaffirmed
Globion India Pvt Ltd                 ST Bk Fac          CARE A3+       38.2    Reaffirmed
Globus International                  ST Bk Fac          CARE A4+       150     Revised from
                                                                                CARE A3
Issuer not cooperating
Godavari Biorefineries Ltd            ST Bk Fac          CARE A3        1430    Reaffirmed
                                      (Non-fund based)
Godawari Power And Ispat Ltd          ST Bk Fac          CARE A3        893.4   Revised from
                                                                                CARE A4+ 
Goyal Petrofils Yarns Pvt Ltd         ST BkFac           CARE A3        10      Reaffirmed
Goyal Sons                            ST Bk Fac          CARE A4+       5       Revised from
                                                                                CARE A3(SO)
Issuer not cooperating
Gujrat Saw Mill                       ST Bk Fac          CARE A4        60      -
ISSUER NOT COOPERATING
Gupta H.C. Overseas India Pvt Ltd     ST Bk Fac          CARE A3+       75      Reaffirmed
Harak Chandra Flour Mills Ltd         ST Bk Fac          CARE A4+       10      Reaffirmed
Harlem Polycontainers Pvt Ltd         ST Bk Fac          CARE A4        22      Assigned
Hartex Rubber Pvt Ltd                 ST BkFac           CARE A2+       50      Reaffirmed
Heavy Metal And Tubes Ltd             ST Bk Fac          CARE A4        115     Reaffirmed
(reduced from Rs.12.00 crore Crore)
Hinduja Foundries Ltd                 Short -Term Bk Fac -              -       Withdrawn
Hfm Solar Power Pvt Ltd               ST Bk Fac          CARE A4        30      Assigned
Indiana Gratings Pvt Ltd              ST Bk Fac          CARE A1        600     Reaffirmed
Indicon Westfalia Ltd                 ST Bk Fac          CARE A1+@      10      Revised from
                                                                                CARE A1+ (SO)
Infinite Water Solutions Pvt Ltd      ST Bk Fac          CARE A2        10      Reaffirmed
Innova Captab                         ST Bk Fac          CARE A2        50      Assigned
Innova Captab Pvt Ltd                 ST Bk Fac          CARE A2        110     Assigned
Intas Pharmaceuticals Ltd             CP (CP) Issue      CARE A1+       750     Reaffirmed
                                      (Standalone)
Jain Irrigation Systems Ltd           ST Bk Fac (Non-FB) CARE A2        18850   Reaffirmed
(enhanced from 1,735.00 Crore)
Jaycee Steels Pvt Ltd                 ST Bk Fac          CARE A4        5       Reaffirmed
Jaypee Institute Of Information       ST Bk Fac          CARE A3        300     Reaffirmed
Technology Society
Jindal Realty Pvt Ltd                 ST Bk Fac          CARE A3        600     Reaffirmed
Jindal India Thermal Power Ltd        ST Bk Fac          CARE D         2097.4
                                      (Non-fund based) –
                                      BG/LC
Issuer not cooperating
Jms Mining Services Pvt Ltd           ST Bk Fac          CARE A1        150     Revised from
                                                                                CARE A1+
Jove Steels Pvt Ltd                   ST Bk Fac          CARE A4        200     Reaffirmed
(Reduced from 23 Crore)
Kalpsutra Gujarat                     ST Bk Fac (LOC)    CARE A2        25
Issuer not cooperating
Kantilal Chhaganlal Securities Pvt LtdST Bk Fac          CARE A4        250     Reaffirmed
Karthik Induction Ltd                 ST Bk Fac          CARE A4        77.5    Revised from
                                                                                CARE A4
ISSUER NOT COOPERATING
Khanna Paper Mills Ltd                ST Bk Fac          CARE A2+       3443.5  Reaffirmed
(enhanced from 338.55 Crore)
Khurana Coal Sales                    ST Bk Fac          CARE A4        11      Reaffirmed
Kim Chemicals Ltd                     ST Bk Fac Total    CARE A4        67      Revised from
                                                                                CARE A+
ISSUER NOT COOPERATING
Kniss Laboratories Pvt Ltd            ST Bk Fac          CARE A4        20      Assigned
Komoline Aerospace Ltd                ST Bk Fac          CARE A4        70      Reaffirmed
Krishi Rasayan                        ST Bk Fac          CARE A2        425     Reaffirmed
Kuloday Plastomers Pvt Ltd            ST Bk Fac          CARE A4        73      -
ISSUER NOT COOPERATING
Kusum International                   ST Bk Fac          CARE A4+       7.5     Reaffirmed
(enhanced from 0.50crs)
Kuwar Tikamchand Jwellers Pvt Ltd     ST Bk Fac          CARE A4        55
Issuer not cooperating
L&T Mutual Fund                       ST Bk Facility*    CARE A1+       2500    Reaffirmed
*Facility is extended to 12 debt schemes of L&T Mutual Fund
Lipi International Pvt Ltd            ST Bk Fac          CARE A4        10
Issuer not cooperating
Lotus Surgicals Pvt Ltd               ST Bk Fac          CARE A3        60      Assigned
Madhav Solar Pvt Ltd                  ST Bk Fac          CARE A3+       12      Reaffirmed
Mahindra & Mahindra Ltd.              ST Bk Fac          CARE A1+       660     Reaffirmed
Mamb Woollens Pvt Ltd                 ST BkFac           CARE A4        10      Assigned
Maruti Spintex Pvt Ltd                ST Bk Fac          CARE A4        44.8    Reaffirmed
Meghaaarika Impex Pvt Ltd             ST Bk Fac          CARE A4        800     Reaffirmed
Narsingh Singh                        ST Bk Facility     CARE A4        40      Assigned
National Bulk Handling Corporation PvtST Bk Fac          CARE A1+       1475    Reaffirmed
Ltd
Natural Tex Yarn Pvt Ltd              ST BkFac           CARE A4        23      Reaffirmed
Navneet Motors                        ST Bk Fac          CARE A4        470     -
“Issuer not cooperating; Based on best available information
Neosym Industry Ltd                   ST Bk Fac          CARE A3        140     Revised from
                                                                                CARE A3+
Issuer not cooperating
Netmagic It Services Pvt Ltd          ST Bk Fac – Non    CARE A1        30      Reaffirmed
                                      Fund Based
Nr Oils                               ST Bk Fac (LOC)    CARE A2        6       -
Issuer not cooperating
O. C. Sweater Llp (Formerly Orient    ST Bk Fac          CARE A3        400     Reaffirmed
Craft Sweaters Pvt Ltd)
Oasis Tradelink Ltd                   ST Bk Fac          CARE A3        150     Reaffirmed
Ocean Ceramics Pvt Ltd                ST BkFac           CARE A4        20      -
ISSUER NOT COOPERATING
Ocus Skyscrapers Realty Ltd           ST Bk Fac          CARE A4        200     Assigned
Ongc Tripura Power Company Ltd        Bk                 CARE A1+       1500    Reaffirmed
                                      Fac-Non-fundbased
                                      - ST-BG/LC
(reduced from 235.00 Crore)
Ongc Tripura Power Company Ltd        Bk Fac-FB - ST-TL  CARE A1+       3000    Reaffirmed
(reduced from 612.00 Crore)
Onkar Dies Pvt Ltd                    ST Bk Fac          CARE A4+       70      Assigned
Orange City Water Pvt Ltd             ST Bk Fac          CARE A4        400     Reaffirmed
Oswal Lumbers Pvt Ltd                 STBk Fac           CARE A4        200     Revised from
                                                                                CARE A4+
Issuer not cooperating
P N Dewalkar Construction             ST Bk Fac          CARE A4        25      Assigned
P. Patel Ship Breaking Company        ST Bk Fac          CARE A4+       724.2   -
Issuer Not Co-operating; based on best available information
P.P. Rolling Mills Manufacturing      ST Bk Fac          CARE A4+       100     Reaffirmed
Company Pvt Ltd
Pacifica Hotel (Ahmedabad Project) PvtST Bk Fac          CARE A4+       7.5     Reaffirmed
Ltd
Panchshil Infratsructure Holdings Pvt ST Bk Fac          CARE A3        20      Reaffirmed
Ltd
Parason Machinery India Pvt Ltd       ST Bk Fac          CARE A3+       106.7   -
ISSUER NOT COOPERATING
Pinnacle Teleservices Pvt Ltd         ST Bk Fac          CARE A4+       80      -
Issuer not cooperating
Plastene Polyfilms Ltd                ST Bk Fac          CARE A4        100     -
Issuer not cooperating
Power Grid Corporation Of India Ltd   ST Borrowing       CARE A1+       21000   Reaffirmed
                                      Programme
Power Grid Corporation Of India Ltd   CP                 CARE A1+       30000   Reaffirmed
Precision Power Products (India) Pvt LST Bk Fac          CARE A4        60      Reaffirmed
(enhanced from 2.50 Crore)
Pristine Mega Logistics Park Pvt Ltd. ST Bk Fac          CARE A3+       50      Revised from
                                                                                CARE A3
Pune Metagraph                        ST Bk Fac          CARE A3+       57.6    Reaffirmed
R. C. Patel                           LT Bk Fac          CARE A4+       100     Assigned
R.K. Associates And Hoteliers Pvt Ltd LT Bk Fac          CARE A4+       250     Reaffirmed
R.K. Electrical Industries Pvt Ltd    ST Bk Fac          CARE A4        55      -
Issuer not cooperating
R.K. Overseas                         ST Bk Fac          CARE A3        220     Reaffirmed
Radharani Himghar Pvt Ltd             ST Bk Fac          CARE A4        1.8     Assigned
Ramani Timber Mart                    ST Bk Fac          CARE A4        45      -
Issuer not Co-operating
Rathi Industries Ltd                  ST Bk Fac          CARE A3        70      Reaffirmed
Reliance Communications InfrastructureST Bk Fac          CARE D         11800
Ltd
Issuer not cooperating
Reed And Pick                         ST Bk Fac          CARE A4        70      Reaffirmed
Issuer not cooperating
Replika Press Pvt Ltd                 ST Bk Fac          CARE A3        320     Revised from
                                                                                CARE A2+
Issuer not cooperating
Rodic Consultants Pvt Ltd             ST Bk Fac (Fund    CARE A2+       224     Reaffirmed
                                      Based)
Rodic Consultants Pvt Ltd             ST Bk Fac          CARE A2+       482     Reaffirmed
                                      (Non-Fund Based)
Roger Industries Ltd                  ST BkFac           CARE A3+       380
ISSUER NOT COOPERATING*
Roop Caterers                         ST BkFac           CARE A4+       92.5    Reaffirmed
Royal Infraconstru Ltd                ST Bk Fac          CARE A3+       40      -
Issuer not cooperating; Based on best available information
S K Samanta & Company Pvt Ltd         ST Bk Fac          CARE A2+       1000    Reaffirmed
S&J Granulate Solutions Pvt Ltd       ST Bk Fac          CARE A4        30      Assigned
S. S. Construction                    ST Bk Fac          CARE A4+       95      -
Issuer Not Cooperating; based on best available information
Safir Enterprises                     ST Bk Fac          CARE A4        40      Assigned
Saisons Trade And Industry Ltd        ST Bk Fac          CARE A4        30      -
Issuer not cooperating
Salora International Ltd              ST Bk Fac          CARE A4        150     Revised from
                                                                                CARE A4+
Samarth Lifestyle Retailing Pvt Ltd   ST Bk Fac          CARE A4+       14      Revised from
                                                                                CARE A4
Sarvottam Atta Pvt Ltd                ST BkFac           CARE A4        20      -
Issuer not co-operating
Satyam Caterers Pvt Ltd               ST Bk Fac          CARE A4+       220     Reaffirmed
Savitra Tiles Pvt Ltd                 Short Term BkFac   CARE A4        15.5    Reaffirmed
Sbw Udyog Ltd                         ST BkFac           CARE A3+       130     Reaffirmed
Seajuli Developers & Finance Ltd      ST Bk Fac          CARE A3        1000    Assigned
Servotech India Ltd                   ST Bk Fac          CARE A4        180     Reaffirmed
Shankar Soya Concepts                 ST Bk Fac          CARE A3        155     Reaffirmed
Shapers Constructions Ltd             ST BkFac           CARE A3        170     Revised from
                                                                                CARE A3+
Shiromani Cold Storage Pvt Ltd        ST Bk Fac          CARE A4        1.3     Assigned
Shiva Pharmachem Ltd                  STBkFac            CARE A3+       1950    Reaffirmed
Shivam Construction Company           ST Bk Fac          CARE A4        121.2   Assigned
Snd Ltd                               ST Bk Fac -        CARE A2+       1000    Reaffirmed
                                      Non-FBL
Srm Hotels Pvt Ltd                    ST Bk Fac          CARE A4        100     Assigned
Sunren Automotive                     ST Bk Fac          CARE A4        25.7    Reaffirmed
Sunshine Glass Company Pvt Ltd        ST Bk Fac          CARE A3        53      Reaffirmed
Sunshine Tiles Company Pvt Ltd        ST Bk Fac          CARE A2+       447.2   Reaffirmed
Surya Telecom Pvt Ltd                 ST Bk Fac          CARE A4        70      -
Issuer Not Co-operating; based on best available information
Sushila International                 ST Bk Fac          CARE A4        165     Assigned
Swami Devi Dyal Hi-Tech Education     ST Bk Fac          CARE A4        10      -
Academy
Issuer Not Co-operating; based on best available information
Swan Energy Ltd                       ST Bk Fac –        CARE A4+       600     Revised from
                                      Non-Fund Based                            CARE A4
Swd Industries                        ST Bk Fac          CARE A4        12.1    -
Issuer not cooperating
Swipe Technologies Pvt Ltd            Short term Bk Fac  CARE A4        100.5   -
Issuer not cooperating
Tata Chemicals Ltd                    ST Bk Fac –        CARE A1+       24480   Reaffirmed
                                      Non-FBL
Terapanth Foods Ltd                   ST Bk Fac          CARE A3        70      Revised from
                                                                                CARE A4+
Textrade International Ltd            Bk Fac-NonFB - ST- CARE A4+       550     Revised from
                                      LC/BG                                     CARE A3
Tcg Lifesciences Pvt Ltd              ST Bk Fac          CARE BBB+/A2   650     Reaffirmed
The Nagpur Pallottine Society         ST Bk Fac          CARE A4        10      Reaffirmed
Tide Industries                       ST Bk Fac (LOC)    CARE A2        80      -
Issuer Not Co-operating; based on best available information
Tigris International (Formerly Dp     ST Bk Fac          CARE A3        103     Reaffirmed
Enterprises)
Time Mauser Industries Pvt Ltd        ST Bk Fac*         CARE A1        300     Reaffirmed
*credit enhancement in the form of Letter of Comfort (LOC) extended by Time Technoplast Limited
(TTL, flagship company of Time group) to the lender of TMIPL (detailed as below).
Tiwari Construction                   ST Facility        CARE A4        30      Assigned
Tribhuvan Spintex Pvt Ltd             ST Bk Fac          CARE A4+       350     -
Issuer Not Co-operating; based on best available information
True Value Homes (India) Pvt Ltd      ST BkFac           CARE A4        200     Reaffirmed
Uae Exchange And Financial Services LtST BkFac           CARE A3+       2300    #
Urban Infrastructure Venture Capital LST Bk Fac          CARE A2+       100     Reaffirmed
Usha Yarns Ltd                        ST Bk Fac          CARE A3        5       Reaffirmed
V. K. Udyog Ltd                       ST Bk Fac          CARE A4        125     Reaffirmed
Vasantha Industries Ltd               ST Bk Fac          CARE A3        140.7   Reaffirmed
Vub Engineering Pvt Ltd               ST Bk Fac          CARE A3        750     Reaffirmed
Wintry Engineering And Chemicals Pvt  Bk Fac- Non Fund   CARE A4+       17.5    -
                                      Based- ST- BG
ISSUER NOT COOPERATING
World Window Impex India Pvt Ltd      ST Bk Fac          CARE A3+ (A    7010    -
                                                         Three Plus
Issuer not cooperating; Based on best available information
Yantra Kaushalya Engineers Pvt Ltd    ST Bk Fac          CARE A4        101.2   -
Reaffirmed and removed from Issuer Not cooperating
Yash Appliances                       ST Bk Fac          CARE A4+       180     -
ISSUER NOT COOPERATING
Shriram Epc Ltd                       ST Bk Fac          CARE D         7651.1  Reaffirmed
Shri Lakshmi Metal Udyog Ltd          ST Bk Fac@         -              -       Withdrawn
@backed by the corporate guarantee provided by APL Apollo Tubes Ltd
Shivalay Ispat & Power Pvt Ltd        ST Bk Fac          -              0       Withdrawn
Club 29 Pvt Ltd                       ST Bk Fac          CARE D         7.5     Revised from
                                                                                CARE A4
Flamingo Pharmaceuticals Ltd          ST Bk Fac          CARE D         130     Revised from
                                      (Non-Fund Based)                          CARE A4
A2Z Infra Engineering Ltd             ST Bk Fac          CARE D         4160.2  Reaffirmed
(reduced from 1016.69 Crore)
Balaji Mobitech Pvt Ltd               ST Bk Fac          CARE D         100     Reaffirmed
Experion Developers Pvt Ltd           ST Bk Fac          -              700     Withdrawn
Empee Distilleries Ltd                ST Bk Fac          CARE D         324.5
Issuer not cooperating
Nobel Hygiene Pvt Ltd                 ST Bk Fac (Non-FB) -              -       Withdrawn
Nobel Hygiene Pvt Ltd                 ST Bk Fac          -              -       Withdrawn
                                      (Non-Fund Based –
                                      Forward contract)
Jayshri Propack Pvt Ltd               ST Bk Fac          -              -       Withdrawn

MEDIUM TERM RATINGS:
-------------------
Godavari Biorefineries Ltd            Fixed Deposit      CARE BBB       -       Reaffirmed
                                      Programme
Gtp Finance Ltd                       Fixed Deposit      CARE BB+       30.5
Issuer not cooperating

LONG TERM RATINGS:
-------------------
A.K. Builders                         LT Bk Fac          CARE BB        80
Issuer not cooperating
A2Z Infra Engineering Ltd             LT Bk Fac          CARE D         10470.7 Reaffirmed
(enhanced from 931.70 Crore)
Aaren Exports                         LT Bk Fac          CARE B         40      Revised from
                                                                                CARE B+
ISSUER NOT COOPERATING
Aastha Hi-Tech Storage Llp            LT BkFac           CARE D         90
ISSUER NOT COOPERATING
Adlabs Entertainment Ltd              LT Bk Fac – TL     CARE D         10158.4
Reaffirmed
Agc Networks Ltd                      LT Bk Fac          CARE BB+       1243.7  Revised from
                                                                                CARE BB
ISSUER NOT COOPERATING/(reduced from Rs.151.55 crore Crore)
Agrimas Chemicals Ltd                 LT Bk Fac          CARE BBB       250     Reaffirmed
Ai Champdany Industries Ltd           LT Bk Fac          CARE BB+       900.7   Revised from
                                                                                CARE BB-
 (reduced from 105.07crs)
Aim Laminar Pvt Ltd                   LT BkFac           CARE B+        91.7    Revised from
                                                                                CARE BB-
Issuer not co operating
Amar Polyfils Pvt Ltd                 LTBk Fac           CARE BB-       100
ISSUER NOT COOPERATING
Amith Cashew Industries               LT Bk Fac          -              -       Withdrawn
Anant Enterprises                     LT Bk Facility     CARE BB+       90      Revised from
                                                                                CARE BBB-
ISSUER NOT COOPERATING
Anant Raj Limtied                     LT Bk Fac          -              -       Withdrawn
Ansapack Pvt Ltd                      TL                 CARE BB+       30.8    Revised from
                                                                                CARE
                                                                                BBB
Ansapack Pvt Ltd                      LT Bk Fac          CARE BB+       400     Revised from
                                                                                CARE BBB-
Apollo Metalex Pvt Ltd                CP*                -              -       Withdrawn
*carved out of the sanctioned fund based working capital limits/drawing power
Appollo Distilleries And Breweries PvtLT Bk Fac          CARE D         574
Ltd (Erstwhile Appollo Distilleries Pvt
Ltd
ISSUER NOT COOPERATING
Arg Developers Pvt Ltd                LT Bk Fac          CARE BB-       493.7
ISSUER NOT COOPERATING
Arg Housing Pvt Ltd                   LT Bk Fac          CARE BB-       171.7
ISSUER NOT COOPERATING
Arg Royal Ensign Developers Pvt Ltd   LT Bk Fac          CARE B+        129.6
ISSUER NOT COOPERATING
Arjav Diamonds (India) Pvt Ltd        LT Bk Fac          CARE BBB-      2430
ISSUER NOT COOPERATING
Artech Realtors Pvt Ltd               LT Bk Fac          CARE BB+       1046.4  Reaffirmed
(enhanced from 25 Crore)
Arth Micro Finance Pvt Ltd            LT/ST Bk Fac       CARE BB+/A4+   500     Reaffirmed
(enhanced from 30 Crore)
Ashiana Landcraft Realty Pvt Ltd      NCD issue          CARE BB-       55.6
Ashiana Landcraft Realty Pvt Ltd      NCD issue          CARE BB-       44.4
Ashwani Goyal                         LT BkFac           CARE B         93.8    Revised from
                                                                                CARE B
Issuer not cooperating
Associated Stone Industries (Kotah) LtLT Bk Fac          CARE BBB       1070.5
Issuer Not Co-operating
Autolite (India) Ltd                  LT BkFac           CARE B+        72      Revised from
                                                                                CARE BB
Issuer Not Co-operating
Avanse Financial Services Ltd         LT Bk Fac          CARE AA+       13560   Reaffirmed
Avanse Financial Services Ltd         LT Bk Fac          CARE AA+       1250    Final Rating
Avanse Financial Services Ltd         LT Bk Fac          Prov.CARE AA+  2190    Reaffirmed
Avg Logistics Pvt Ltd.                LT Bk Fac          CARE BBB/      295     Revised from
                                                                                CARE BBB-
(enhanced from 26.50 Crore)
Azure Power Makemake Pvt Ltd          LT Bk Fac          CARE BBB+      1502.5  Reaffirmed
Azure Solar Solutions Pvt Ltd         LT Bk Fac          -              -       Withdrawn
B. D. Overseas & Fiscal Services Ltd  LT Bk Fac          CARE BB-       203     Reaffirmed
(reduced from 21.72 Crore)
Balaji Mobitech Pvt Ltd               LT Bk Fac          CARE D         100     Reaffirmed
Baldev Krishan Memorial Charitable    LT BkFac           CARE D         86
Society
Issuer not cooperating
Balkrishna Textile Pvt Ltd            LT Bk Fac          CARE BBB-      456.9
Issuer not cooperating
Ballupur Solar Power Project Pvt Ltd  LT BkFac           CARE BBB       487.5   Assigned
Bansal Rice Mills                     LT Bk Fac          CARE B-        150     Revised from
                                                                                CARE B
Issuer not cooperating
Baroda Hi-Tech Alloys Pvt Ltd         LT Bk Fac          CARE BBB       30      Reaffirmed
Basant City Centre Malls Pvt Ltd      LT Bk Fac          CARE BB-       500     Reaffirmed
Bat And Ball                          Karnataka Tourism  -              -       Withdrawn
                                      Proptionally
                                      convertible debentureuctHome Stay
Bd Agro Foods                         LT Bk Fac          CARE B         145     Assigned
Bhagwanpur Solar Projects Pvt Ltd     LT BkFac           CARE BBB       212.7   Reaffirmed
Bhagwati Woven Pvt Ltd                LT Bk Fac          CARE B+        31.6    Assigned
Bhagwati Woven Pvt Ltd                LT/ST BkFac        CARE B+/A4     45      Assigned
Bhandary Foundation                   LT Bk Fac          CARE BB+       170.1   Reaffirmed
Bharat Heavy Electricals Ltd          LT FB Bk Fac       CARE AA+       50000   Reaffirmed
Bharat Heavy Electricals Ltd          Long/ST NonFB Bk   CARE AA+/A1+   550000  Reaffirmed
                                      Fac
Bharat Petroresources Ltd             LT Bk Fac          CARE A+        154480  Reaffirmed
Bharat Urban Infra Developers Pvt Ltd LT Bk Fac          CARE B+        30      Revised from
                                                                                CARE B+
Issuer not cooperating
Bhavani Cotspin Llp                   LT BkFac           CARE BB+       280.1   -
ISSUER NOT COOPERATING
Bhavani Cotspin Llp                   LT BkFac/ STBk Fac CARE BB+/A4+   60      -
ISSUER NOT COOPERATING
Bhilosa Industries Pvt Ltd            LT Bk Fac          CARE A+        30155.5 Reaffirmed
[enhanced from Rs.2464.14 crore]
Bhoruka Classic Finance Pvt Ltd       LT Bk Fac          CARE BB        150     Reaffirmed
Bhumika Egg Educing Valley            LT BkFac           CARE B-        60.6
Issuer not cooperating
Bindookhadak Solar Projects Pvt Ltd   LT BkFac           CARE BBB       233.3   Reaffirmed
Blue Star Diamonds Pvt Ltd            LT Bk Fac          CARE BB+       4296    Issuer not
                                                                                cooperating
Bokaro Students Friend Pvt Ltd        LT Bk Fac          CARE BB-       90      Assigned
Bony Polymers Pvt Ltd                 LT Bk Fac (TL)     CARE BBB-      394.7   Reaffirmed
Bony Polymers Pvt Ltd                 LT Bk Fac (Fund    CARE BBB-      300     Reaffirmed
                                      Based)
Brace Iron & Steel Pvt Ltd            LT Bk Fac          CARE D         8100.4  -
ISSUER NOT COOPERATING
Brandavan Food Products               LT Bk Fac          CARE BB+       880     Reaffirmed
Brilliant Grammar School Educational  LT Bk Fac          CARE BBB-      297.7   Revised from
Society                                                                         CARE BBB-
(Reduced from Rs. 45.23 crore Crore)
Bundy India Ltd                       LT Bk Fac          CARE A-        80      Revised from
                                                                                CARE BBB+
Caparo Maruti Ltd                     Bk Fac – Fund      CARE A-        751     Reaffirmed
                                      based - LT – TL
(reduced from 75.72 Crore)
Caparo Maruti Ltd                     Bk Fac - FB – LT – CARE A-        400     Reaffirmed
                                      CC
Card Pro Solutions Pvt Ltd            LT Bk Fac          CARE B         48.4    Revised from
                                                                                CARE
                                                                                BB-
Celebi Nas Airport Services India Pvt LT Bk Fac (FB -TL) CARE A         1891.3  Revised from
Ltd                                                                             CARE A-
                                                                                Stable 
Celebi Nas Airport Services India Pvt LT Bk Fac (FB -CC) CARE A         200     Revised from
Ltd                                                                             CARE A-         
                                                                      
Central Academy Jodhpur Education     LT Bk Fac          CARE BB+       134     Assigned
Society
Century Infrapower Pvt Ltd            LT Bk Fac          CARE BB+       150
Issuer not cooperating
Century Infrapower Pvt Ltd            LT/ST Bk Fac       CARE BB+/A4+   930
Issuer not cooperating
Cfc Carriers Pvt Ltd                  LT Bk Fac          CARE BB        152.5   Reaffirmed
(Enhanced from RS.14.75 crore Crore)
Chemmanur Credits And Investments Ltd LT Bk Fac          -              -       Withdrawn
Chemmanur Credits And Investments Ltd NCD issue          CARE BB+       1000    Reaffirmed
                                      (Proposed)
Chettinad Builders Pvt Ltd            LT Bk Fac#         CARE A         750     Reaffirmed
#Backed by corporate guarantee from South India Corporation Private Limited (SICPL, rated CARE
A; Stable , CARE A1 ) 
Chettinad International Coal Terminal LT/Shortterm Bk    CARE A         200     Reaffirmed
Pvt Ltd                               Fac #
#Backed by corporate guarantee from South India Corporation Private Limited (SICPL, rated CARE
A; Stable , CARE A1 ) 
Chettinad Logistics Pvt Ltd           LT Bk Fac          CARE A         200     Reaffirmed
                                                                                Reaffirmed
Chettinad Logistics Pvt Ltd           LT/ST Bk Fac       CARE A/A1      4275    Reaffirmed
                                                                                Reaffirmed
Chidambaram Mulraj & Company Pvt Ltd  LT Bk Fac          CARE BB+       163.8
Issuer not cooperating
Chudiala Solar Power Project Pvt Ltd  LT BkFac           CARE BBB       487.5   Assigned
Cipriani Harrison Valves Pvt Ltd      LT Bk Fac          CARE BB+       35.6    Revised from
                                                                                CARE BB
(reduced from 5.53 Crore)
Cipriani Harrison Valves Pvt Ltd      LT Bk Fac / ST Bk  CARE BB+/A4+   30      Revised from
                                      Fac                                       CARE BB
                                                                                / CARE A4
Cks Medicare Pvt Ltd                  LT Bk Fac          CARE BB-       335     Revised from
                                                                                CARE B+
Clariant Chemicals (India) Ltd        LT Bk Fac (fund    CARE AA+       1500    Revised from
                                      based)                                    CARE AAA
(enhanced from Rs.75 crore Crore)
Club 29 Pvt Ltd                       LT Bk Fac          CARE D         121.3   Reaffirmed
Colorplus Fashions Ltd                LT/ST Bk Fac       -              -       Withdrawn
Coromandel Agrico Pvt Ltd             LT Bk Fac          CARE BBB       535.8   Reaffirmed
(enhanced from 48.20 Crore)
Coromandel Sugars Ltd                 LT Bk Fac*         -              -       Withdrawal
*CARE has withdrawn the rating with immediate effect as the company has fully repaid the amount
under the said facility and there is no amount outstanding under the faciliy as on date.
Coromandel Sugars Ltd                 LT Bk Fac          CARE BBB-      1050    Reaffirmed
Coromandel Sugars Ltd                 LT/STBk            CARE BBB-/A3   200     Assigned
                                      Fac(proposed)
Cs Performance Chemicals Pvt Ltd      LT Bk Fac          CARE A-        31.4    Revised from
                                                                                CARE BBB+ (SO)
(reduced from 5.02 Crore)
Cs Specialty Chemicals Pvt Ltd        LT/ST Bk Fac       CARE A-/A2     125     Revised from
                                                                                CARE BBB+
                                                                                / CARE A3+
Dashmesh Rice Mills                   LT Bk Fac          CARE D         60
Issuer not cooperating
Dharamraj Jewellers                   LT Bk Fac          CARE B+        170     Revised from
                                                                                CARE BB-
Issuer not cooperating
Dhuria Rice Mill                      LT Bk Fac          CARE B         75
Issuer not cooperating
Empee Distilleries Ltd                NCDs               CARE C         475     Revised from
                                                                                CARE B
Issuer not cooperating
Empee Distilleries Ltd                LT Bk Fac          CARE D         732.8
Issuer not cooperating
Experion Developers Pvt Ltd           LT Bk Fac          -              2499.9  Withdrawn
Farakka Raiganj Highways Ltd          LT Bk Fac          CARE BBB-      9696.7  Reaffirmed
Fibremarx Papers Pvt Ltd              LT Bk Fac          CARE BB        381     Reaffirmed
(enhanced from 37.01 Crore)
Firstsource Solutions Ltd             LT/ST BkFac        CARE A         1475    Reaffirmed
Flamingo Pharmaceuticals Ltd          LT Bk Fac – TL     CARE D         1378.2  Revised from
                                                                                CARE B
ISSUER NOT COOPERATING
Flamingo Pharmaceuticals Ltd          LT /ST Bk Fac      CARE D         750     Revised from
                                      (Fund Based)                              CARE B/A4
ISSUER NOT COOPERATING
Fluentgrid Ltd                        LT BkFac           CARE BBB+      452.3   Revised from
                                                                                CARE BBB+
(enhanced from 25.54 Crore)
Foods And Inns Ltd                    Long -term Bk      CARE BB+       72.2
                                      Fac(TL)
Issuer not cooperating
Foods And Inns Ltd                    Long -term Bk      CARE BB+       1295.5
                                      Fac(Fund based)
Issuer not cooperating
Fortune Stones Ltd                    LT Bk Fac          CARE BBB       23.8    Reaffirmed
(reduced from 59.49 Crore)
Friends Bulk Handlers Ltd             LT Bk Fac          CARE BBB-      381.3   Reaffirmed
(Reduced from Rs.39.50 crore Crore)
G.S. Radiators Ltd                    LT Bk Fac          CARE B         40      Revised from
                                                                                CARE B+
G.S. Radiators Ltd                    LT Bk Fac/ ST Bk   CARE B/A4      20      Revised from
                                      Fac                                       CARE B+
                                                                                / CARE A4
Gajanand Spintex India Pvt Ltd        LT Bk Fac          CARE BB        88.8    Revised from
                                                                                CARE BB-
(reduced from 11.37 Crore)
Gajanand Spintex India Pvt Ltd        LT/ST Bk Fac       CARE BB/A4     60      Revised from
                                                                                CARE
                                                                                BB-/Reaffirmed
Gannon Dunkerley& Co. Ltd             LT Bk (Fund        -              0       Withdrawn
                                      based) Fac
Ganpati Infrapower Pvt Ltd            LT Bk Fac          CARE BB+       50      Reaffirmed
Gayatri Vidya Parishad                LT BkFac           CARE BB        887.2   Revised from
                                                                                CARE BB +
Gic Bhutan Reinsurance Ltd            CPA                CARE A         -       Reaffirmed
Giridhar Techfab Pvt Ltd              LT Bk Fac          CARE B         110.5
Issuer not cooperating
Giridhar Techfab Pvt Ltd              LT / ST Bk Fac     CARE B/A4      4.5
Issuer not cooperating
Globion India Pvt Ltd                 LT Bk Fac          CARE BBB       615.8   Reaffirmed
(Enhanced from Rs. 23.55 crore Crore)
Globus International                  LT/ ST Bk Fac      CARE BB+       50      Revised from
                                                                                CARE BBB-
                                                                                /CARE A3
Issuer not cooperating
Godavari Biorefineries Ltd            LT Bk Fac (TL)     CARE BBB-      2651.6  Reaffirmed
(enhanced from 150.31 Crore)
Godavari Biorefineries Ltd            LT Bk Fac (Fund    CARE BBB-      4000    Reaffirmed
                                      Based)
Godavari Biorefineries Ltd            NCD Issue          CARE BBB-      650     Reaffirmed
(enhanced from 25.00 Crore) /*out of which Rs.6.36 cr. was outstanding as on March 31, 2017
Godawari Power And Ispat Ltd          LT Bk Fac          CARE BBB-      15030   Revised from
                                                                                CARE BB+        
                                                                       
Godawari Power And Ispat Ltd          NCD                CARE BBB-      546.5   Revised from
                                                                                CARE BB+
Goex Freight Solutions Pvt Ltd (Erst  LT Bk Fac* (CC)    CARE A+        75      Reaffirmed 
While Sai Jyoti Logistics Services Pvt
Ltd)
*Credit enhancement in the form of an undertaking extended by Time Technoplast Limited (TTL,
Flagship Company of Time group) to pay debt obligation to the lenders of GFSPL (detailed as
below).    
Golden Star Designer Pvt Ltd          LT Bk Fac          CARE B+        50      -
ISSUER NOT COOPERATING
Goswami Infratech Pvt Ltd             Proposed NCDs      CARE AA+       3750    Assigned
                                      (NCDs) issue*
*backed by the proposed credit enhancement in the form of a Credit Support Undertaking (CSU)
provided jointly and severally by (i) Cyrus Investment Private Limited (Cyrus)
Gourav Energen India Pvt Ltd          LT Bk Fac          CARE BB-       67.4    Reaffirmed
(enhanced from 5.55 Crore)
Gourav Energen India Pvt Ltd          LT/ ST Bk Fac      CARE BB-/A4    12.5    Assigned
Goyal Petrofils Yarns Pvt Ltd         LT BkFac           CARE BBB-      334.5   Reaffirmed
Goyal Sons                            LT Bk Fac          CARE BB+       45      Revised from
                                                                                CARE BBB-(SO)
Issuer not cooperating
Green Infra Corporate Wind Ltd        LT Bk Fac          CARE A+        655.4   Reaffirmed
(reduced from 76crs)
Green Infra Wind Power Ltd            LT Bk Fac          CARE A+        640.9   Reaffirmed
(reduced from 73crs)
Gtp Finance Ltd                       LT Fund Based-     CARE BB+       90
                                      Overdraft
Issuer not cooperating
Gujrat Saw Mill                       LT Bk Fac          CARE B         15      -
ISSUER NOT COOPERATING
Gupta H.C. Overseas India Pvt Ltd     LT Bk Fac          CARE BBB+      500     Reaffirmed
Guru Nanak Rice Mills                 LT Bk Fac          CARE D         150
Issuer not cooperating
Harak Chandra Flour Mills Ltd         LT Bk Fac          CARE BB        89.9    Revised from
                                                                                CARE BB+
Harbir Automobile Pvt Ltd             LT BkFac           CARE B         110     -
ISSUER NOT COOPERATING
Haridwar Solar Projects Pvt Ltd       LT BkFac           CARE BBB       906.7   Reaffirmed
Harlem Polycontainers Pvt Ltd         LT Bk Fac          CARE BB        43      Assigned
Hartex Rubber Pvt Ltd                 LT BkFac           CARE A-        1380    Reaffirmed
Hartex Rubber Pvt Ltd                 LT/STBk Fac        CARE A-/A2+    5       Reaffirmed
Hasti Petro Chemical & Shipping Ltd   LT Bk Fac          CARE BB        647.4
Issuer not cooperating
Heavy Metal And Tubes Ltd             LT Bk Fac          CARE B         1929.2  Reaffirmed
(reduced from Rs.224.90 crore Crore)
Helios Mercantile Ltd                 LT Bk Fac – CC     CARE BBB       480^      -
ISSUER NOT COOPERATING/^Backed by credit enhancement in the form of corporate guarantee provided
by Platinum Textile Limited (PTL, rated CARE BBB Issuer Not Cooperating)
BBB Issuer Not Cooperating)
Hfm Solar Power Pvt Ltd               LT Bk Fac          CARE BB-       163     Assigned
Hinduja Foundries Ltd                 Long -Term Bk Fac  -              -       Withdrawn
Hyderabad Ring Road Projects Pvt Ltd  LT Bk Fac          CARE D         1851.1  -
ISSUER NOT COOPERATING/(reduced from 265.13 Crore)
Iconic Fashion Retailing Pvt Ltd      LT Bk Fac          CARE BB+       583     Revised from
                                                                                CARE BB-
Iconic Fashion Retailing Pvt Ltd      LT/ST BkFac        CARE BB+/A4+   20      Revised
                                                                                from CARE
                                                                                BB-/Assigned
Il&Fs Infra Asset Management Ltd      Infrastructure     CARE AAA       0       Reaffirmed
                                      debt fund Scheme
                                      Series 1-A
Il&Fs Infra Asset Management Ltd      Infrastructure     CARE AAA       0       Reaffirmed
                                      debt fund Scheme
                                      Series 1-B
Il&Fs Infra Asset Management Ltd      Infrastructure     CARE AAA       0       Reaffirmed
                                      debt fund Scheme
                                      Series 1-C
India International Clearing          Issuer Rating *    CARE AAA       -       Assigned
Corporation Ltd.
*The rating is subject to the company maintaining overall gearing not exceeding 2.00 times.
Indiana Conveyors Pvt Ltd             Long/ST Bk Fac     CARE BBB-/A3   100     Reaffirmed
Indiana Gratings Pvt Ltd              LT Bk Fac          CARE A         400     Reaffirmed
(reduced from 47.47 Crore)
Indicon Westfalia Ltd                 LT Bk Fac          CARE AA-       100     Revised from
                                                                                CARE AA (SO)
Infinite Water Solutions Pvt Ltd      LT Bk Fac          CARE BBB+      30      Reaffirmed
Innova Captab                         LT Bk Fac          CARE BBB+      100     Assigned
Innova Captab Pvt Ltd                 LT Bk Fac          CARE BBB+      690     Assigned
Intas Pharmaceuticals Ltd             LT/ ST BkFac       CARE AA/A1+    5500    Reaffirmed
Jagdamba Enterprises                  LT Bk Fac          CARE BB-       20      Assigned
Jagdamba Enterprises                  LT / ST Bk Fac     CARE BB-/A4    35      Assigned
Jain Irrigation Systems Ltd           LT Bk Fac (TL)     CARE A-        8158.1  Reaffirmed
(enhanced from 537.67 Crore)
Jain Irrigation Systems Ltd           LT Bk Fac (FB)     CARE A-        15500   Reaffirmed
Jaycee Steels Pvt Ltd                 LT Bk Fac          CARE BB-       65      Reaffirmed
Jaypee Institute Of Information       LT Bk Fac          CARE BBB-      778.2   Reaffirmed
Technology Society
(reduced from 79 Crore)
Jayshri Propack Pvt Ltd               LT Bk Fac          -              -       Withdrawn
Jayshri Propack Pvt Ltd               LT/ ST Bk Fac      -              -       Withdrawn
Jindal India Thermal Power Ltd        LT Bk Fac (Rupee   CARE D         49098.7
                                      TL/ECBs)
Issuer not cooperating
Jindal India Thermal Power Ltd        LT Bk Fac          CARE D         2938.2
                                      (Subordinate Debt)
Issuer not cooperating
Jindal India Thermal Power Ltd        LT Bk Fac - CC     CARE D         5630
                                      (Fund based)
Issuer not cooperating
Jindal India Thermal Power Ltd        LT/ST Bk Fac       CARE D         2900
                                      (Nonfund based)- BG
Issuer not cooperating
Jindal Realty Pvt Ltd                 LT Bk Fac          CARE BBB-      50      Reaffirmed
(reduced from 15.00crs)
Jindal Realty Pvt Ltd                 LT/ST Bk Fac       CARE BBB-/A3   455     Reaffirmed
Jm Enviro Technologies Pvt Ltd        LT/ST Bk Fac       CARE B+/A4     100     Assigned
Jms Mining Services Pvt Ltd           LT Bk Fac          CARE A+        3047.4  Reaffirmed
(enhanced from 260 Crore)
Jms Mining Services Pvt Ltd           Long/ST BkFac      CARE A+/A1     6850    Revised from
                                                                                CARE A+
                                                                                /CARE A1+ 
(enhanced from 485 Crore)
Jove Steels Pvt Ltd                   LT Bk Fac          CARE B+        100     Reaffirmed
Jtm Cashew Processing Pvt. Ltd        LT Bk Fac          CARE BB-       95      Assigned
K.V Chinnaiah                         LT Bk Fac          CARE B+        35      Revised from
                                                                                CARE B
Kalpsutra Gujarat                     LT Bk Fac (CC)     -              85      Withdrawn
Kalpsutra Gujarat                     LT Bk Fac (BG)     CARE BBB+      2.5
Issuer not cooperating
Kanak Renewables Ltd                  LT Bk Fac          CARE BBB       2336.6  Assigned
Karam Chand Thapar & Bros. (Coal SalesLT Bk Fac          CARE AA-       2350    Revised from
Ltd                                                                             CARE AA@
(reduced from 453 Crore)
Karam Chand Thapar & Bros. (Coal SalesLT/STBk Fac        CARE AA-/A1+   4500    Revised from
Ltd                                                                             CARE AA/CARE
                                                                                A1+ 
(reduced from 551 Crore)
Karthik Induction Ltd                 LT Bk Fac          CARE B-        111.6   Revised from
                                                                                CARE B
ISSUER NOT COOPERATING
Kataria Motors Pvt Ltd                Long Term BkFac    CARE B+        20.9
Issuer not cooperating
Khalghat Sendhwa Tollways Pvt Ltd     LT Bk Fac (TL) –   -              -       Withdrawn
                                      Subordinate Debt
Khalghat Sendhwa Tollways Pvt Ltd     LT Bk Fac (TL)     CARE A-        4550.3  Reaffirmed
                                      –Senior Debt
Khalghat Sendhwa Tollways Pvt Ltd     LT Bk Fac          CARE A-        325.5   Reaffirmed
                                      (Overdraft)
Khanna Jewellers Pvt Ltd              LT/ST Bk Fac       CARE BB        2000    Revised from
                                                                                CARE BB+
ISSUER NOT COOPERATING
Khanna Paper Mills Ltd                LT Bk Fac          CARE A-        3085.5  Reaffirmed
(reduced from 336.55 Crore)
Khurana Coal Sales                    LT Bk Fac          CARE B+        47      Reaffirmed
Kim Chemicals Ltd                     LT Bk Fac          CARE BB-       2.5     -
ISSUER NOT COOPERATING
Kishangarh Beawar Nh-8 Tollway Pvt LtdLT Bk Fac          CARE D         12169.6 Reaffirmed
(Kbpl - Erstwhile Soma Isolux
Kishangarh – Beawar Tol...
Kniss Laboratories Pvt Ltd            LT Bk Fac          CARE B+        45      Assigned
Kniss Laboratories Pvt Ltd            LT/ST Bk Fac       CARE B+/A4     35      Assigned
Knowledge Education Foundation        LT Bk Fac          CARE BB        60      Reaffirmed
Komoline Aerospace Ltd                LT Bk Fac          CARE BB-       30      Reaffirmed
Krishi Rasayan                        LT Bk Fac          CARE BBB+      310     Reaffirmed
Krishi Rasayan                        LT/ST BkFac        CARE BBB+/A2   65      Reaffirmed
Kuloday Plastomers Pvt Ltd            LT Bk Fac          CARE BB        156.5   -
ISSUER NOT COOPERATING
Kunj Alloys Pvt Ltd                   LT Bk Fac          CARE BB+       350     Reaffirmed
Kusum International                   LT Bk Fac          CARE BB        85      Reaffirmed
(enhanced from 7.50crs)
Kuwar Tikamchand Jwellers Pvt Ltd     LT Bk Fac          CARE BB-       81.8
Issuer not cooperating
L&T Deccan Tollways Ltd               LT Bk Fac@         CARE AA        1348.8  Reaffirmed
@ backed by credit enhancement in the form of undertaking from L&T Infrastructure Development
Projects Limited (rated ‘CARE AA; Stable’)
L&T Deccan Tollways Ltd               LT Bk Fac          CARE BBB       9441.4  Revised from
                                                                                CARE BBB-
Lipi International Pvt Ltd            LT Bk Fac          CARE BB-       118.3   Revised from
                                                                                CARE BB
Issuer not cooperating
Lloyds Line Pipes Ltd                 CP*                -              -       Withdrawn
*carved out of the sanctioned fund based working capital limits/drawing power
Loknayak Jayprakash Narayan Shetkari  LT Bk Fac          CARE B+        500     Assigned
Sahakari Soot Girni Ltd
Lotus Surgicals Pvt Ltd               LT Bk Fac          CARE BBB-      235     Assigned
Madhav Infracon (Ghansore Mandla      LT Bk Fac          CARE BBB+      57.1    Revised from
Corridor) Pvt Ltd                                                               CARE BBB
Madhav Solar Pvt Ltd                  LT Bk Fac          CARE BBB       153.8   Reaffirmed
(reduced from 16.80 Crore)
Mahindra & Mahindra Ltd.              LT Bk Fac          CARE AAA       1840    Reaffirmed
Mamb Woollens Pvt Ltd                 LT BkFac           CARE BB-       55      Assigned
Maruti Spintex Pvt Ltd                LT Bk Fac          CARE BB-       608.6   Reaffirmed
(enhanced from 50.66 Crore) 
Matix Fertilizers And Chemicals Ltd   LT Bk Fac          CARE D         43050
Issuer not cooperating
Meghaaarika Impex Pvt Ltd             LT Bk Fac          CARE BB-       150     Reaffirmed
Metro Hills Hospital Pvt Ltd          LT Bk Fac          CARE B         93.5    Assigned
Mirus Infratech Pvt Ltd               LT BkFac           CARE B+        75
Issuer not cooperating
Mithila Cars Pvt. Ltd.                LT BkFac           CARE BB        300     Revised from
                                                                                CARE BB+
Issuer not cooperating
Modi Dairy                            LT Bk Fac          CARE BBB       482.5   Reaffirmed
Mody Enterprise                       LT Bk Fac – Fund   CARE BB        350     Re-affirmed
                                      based
Mody Enterprise                       Long/ST Bk Fac –   CARE BB/A4     100     Re-affirmed
                                      Non-fund based
Mott Macdonald Pvt Ltd                LT Bk Fac – Fund   CARE A         20      Reaffirmed
                                      Based
Mott Macdonald Pvt Ltd                LT/ST Bk Fac –     CARE A/A1      250     Reaffirmed
                                      Non-fund Based
Mulanur Renewable Energy Pvt Ltd      LT Bk Fac          CARE A-        1271.8  Revised from
                                                                                CARE BBB+
Narsingh Singh                        LT Bk Facility     CARE BB-       30      Assigned
National Bulk Handling Corporation PvtLT Bk Fac          CARE A+        2119.5  Reaffirmed
Ltd
National Bulk Handling Corporation PvtLT / ST BkFac      CARE A+/A1+    5450    Reaffirmed
Ltd
National Rice Mill                    LT Bk Fac          CARE BB-       70      Assigned
Natural Tex Yarn Pvt Ltd              LT BkFac           CARE BB        426.6   Revised from
                                                                                CARE BB-
Navaratna Hypermarket Pvt Ltd         LT Bk Fac          -              -       Withdrawn
Navneet Motors                        LT Bk Fac          CARE BB-       250     -
“Issuer not cooperating; Based on best available information
Neogrowth Credit Pvt Ltd              NCDs               CARE BBB+      1406    Revised from
                                                                                CARE BBB
Neosym Industry Ltd                   LT Bk Fac          CARE BBB       1350    Revised from
                                                                                CARE BBB+
Issuer not cooperating
Netmagic It Services Pvt Ltd          LT Bk Fac – TL     CARE AA-       586.2   Revised from
                                                                                CARE A
Netmagic It Services Pvt Ltd          LT Bk Fac – Fund   CARE AA-       200     Revised from
                                      Based                                     CARE A
New Mount Trading & Investment Co. LtdLT Bk Fac – TL II  CARE BB+       155     Reaffirmed
New Mount Trading & Investment Co. LtdLT Bk Fac – Fund   CARE BB+       165     Reaffirmed
                                      Based
New Mount Trading & Investment Co. LtdLT Bk Fac – TL I#  CARE BBB       20      Reaffirmed
# The ratings for the above bank facilities are based on credit enhancement in the form of
unconditional and irrevocable corporate guarantee provided by SBW Udyog Ltd (SBWL, rated CARE
BBB; Stable / CARE A3+).
New Mount Trading & Investment Co. LtdLT Bk Fac –Non     CARE BBB       47.3    Reaffirmed
                                      fund based #
# The ratings for the above bank facilities are based on credit enhancement in the form of
unconditional and irrevocable corporate guarantee provided by SBW Udyog Ltd (SBWL, rated CARE
BBB; Stable / CARE A3+).
Nobel Hygiene Pvt Ltd                 LT Bk Fac (TL)     -              -       Withdrawn
Nobel Hygiene Pvt Ltd                 LT Bk Fac (FB)     -              -       Withdrawn
Nr Oils                               LT Bk Fac (CC)     -              60      Withdrawn
Nr Oils                               LT Bk Fac (BG)     CARE BBB+      2.5     -
Issuer not cooperating
O. C. Sweater Llp (Formerly Orient    LT Bk Fac          CARE BBB-      205     Reaffirmed
Craft Sweaters Pvt Ltd)
Oasis Tradelink Ltd                   LT Bk Fac          CARE BBB-      150     Reaffirmed
Ocean Ceramics Pvt Ltd                LT BkFac           CARE B+        73.2    Revised from
                                                                                CARE BB
ISSUER NOT COOPERATING
Octopus Papers Ltd                    LT Bk Fac          CARE D         88.8    -
Issuer not cooperating
Ocus Skyscrapers Realty Ltd           LT Bk Fac          CARE BB        150     Assigned
Om Motors                             LT/ ST BkFac       CARE B+/A4     120     Assigned
Ongc Tripura Power Company Ltd        Bk Fac-FB - LT-TL  CARE AA-       23418.8 Reaffirmed
(reduced from 2,676.44 Crore)
Ongc Tripura Power Company Ltd        Bk Fac-FB - LT-CC  CARE AA-       3000    Reaffirmed
Onkar Dies Pvt Ltd                    LT Bk Fac          CARE BB+       270     Assigned
Orange City Water Pvt Ltd             LT Bk Fac          CARE BB-       2326.4  Reaffirmed
Ostro Energy Pvt Ltd                  LT Bk Fac          -              -       Withdraw*
* CARE has withdrawn the rating assigned to the Bank facilities of Ostro Energy Private Ltd.
with immediate effect, as the company has repaid the aforementioned term loan in full and there
is no amount outstanding under the facility as on date
Ostro Energy Pvt Ltd                  LT/ST Bk Fac       CARE A/A1      1910    Reaffirmed
Oswal Lumbers Pvt Ltd                 LTBk Fac           CARE BB-       20      Revised from
                                                                                CARE BB
Issuer not cooperating
Ozone Research And Application (India)LT Bk Fac          CARE BB-       32.5    -
Pvt Ltd
Issuer not cooperating
Ozone Research And Application (India)LT/ ST Bk Fac      CARE BB-/A4    40      -
Pvt Ltd
Issuer not cooperating
P N Dewalkar Construction             LT Bk Fac          CARE BB        25      Assigned
P. Patel Ship Breaking Company        LT Bk Fac          CARE BB        20      -
Issuer Not Co-operating; based on best available information
P.P. Rolling Mills Manufacturing      LT Bk Fac          -              -       Withdrawn
Company Pvt Ltd
P.P. Rolling Mills Manufacturing      LT/ ST Bk Fac      CARE BB+/A4+   400     Reaffirmed
Company Pvt Ltd
Pacifica Hotel (Ahmedabad Project) PvtLT Bk Fac*         -              -       Withdrawn
Ltd
* Based on the NOC received from the Bank of India
Panchshil Infratsructure Holdings Pvt LT Bk Fac          CARE BBB-      991.9   Reaffirmed
Ltd
(reduced from 113.15 Crore)
Parason Machinery India Pvt Ltd       LT Bk Fac          CARE BBB       20      -
ISSUER NOT COOPERATING
Pcl Oils And Solvents Ltd             Long –term/ STBk   CARE BB+/A4+   1355
                                      Fac
Pink City Expressway Pvt Ltd          Bk Fac-TL-LT       CARE D         17605.5 -
ISSUER NOT COOPERATING
Pink City Expressway Pvt Ltd          Bk Fac-NonFB -     CARE D         300     -
                                      LT-BGs
ISSUER NOT COOPERATING
Pinnacle Teleservices Pvt Ltd         LT Bk Fac          CARE BB+       46      -
Issuer not cooperating
Pioneer Computronix Pvt Ltd           LT Bk Fac          CARE BB-       10      -
Issuer not cooperating
Pioneer Computronix Pvt Ltd           LT/ST Bk Fac       CARE BB-/A4    130     -
Issuer not cooperating
Pivotal Infrastructure Pvt Ltd        LT Bk Fac          CARE BB/       231.1   Reaffirmed
(reduced from Rs.38.67 crore Crore)
Plastene Polyfilms Ltd                LT Bk Fac          CARE BB        11      -
Issuer not cooperating
Plastene Polyfilms Ltd                LT/ ST Bk Fac      CARE BB/A4     100     -
Issuer not cooperating
Platinum Textiles Ltd                 LT Bk Fac – TL     CARE BBB       1655.3  -
ISSUER NOT COOPERATING
Platinum Textiles Ltd                 LT Bk Fac – CC     CARE BBB       2500    -
ISSUER NOT COOPERATING
Pnc Bareilly Nainital Highways Pvt LtdLT Bk Fac          CARE BBB       4514.3  Reaffirmed
(reduced from 457.83 Crore)
Pnc Delhi Industrialinfra Pvt Ltd     LT Bk Fac          CARE BBB       858     Reaffirmed
(reduced from 100.09 Crore)
Pnc Kanpur Highways Ltd               LT Bk Fac          CARE A-        2362.3  Revised from
                                                                                CARE BBB+
(reduced from 245.26 Crore)
Power Grid Corporation Of India Ltd   LT Borrowings      CARE AAA       200000  Assigned
                                      Programme – FY19
Power Grid Corporation Of India Ltd   LT Bk Fac          CARE AAA       100000  Assigned
Prakash Whitegold Ginners Pvt Ltd     LT Bk Fac          CARE B+        96.2    Assigned
Pranava Home Stay                     Karnataka Tourism  -              -       Withdrawn
                                      Proptionally
                                      convertible debentureuctHome Stay
Precision Power Products (India) Pvt LLT Bk Fac          CARE BB-       77.6    Reaffirmed
(enhanced from 6.05 Crore)
Prem Cables Pvt Ltd                   LT Bk Fac          CARE A-        400     Reaffirmed
Prem Cables Pvt Ltd                   Long/ ST Bk Fac    CARE A-/A1     400     Reaffirmed
Pristine Mega Logistics Park Pvt Ltd. LT Bk Fac          CARE BBB       150     Revised from
                                                                                CARE BBB-
Prl Agastya Pvt Ltd                   LT Bk (TL) Fac     CARE A-        5050    Reaffirmed
Pune Metagraph                        LT Bk Fac          CARE BBB       162.3   Reaffirmed
R. C. Patel                           LT Bk Fac          CARE BB        20      Assigned
R. K. Infracorp Pvt Ltd               LT Bk Fac          CARE BBB+      280     Revised from
                                                                                CARE BBB
R. K. Infracorp Pvt Ltd               LT/ STBk Fac       CARE BBB+/A3+  1000    Revised from
                                                                                CARE BBB
                                                                                / CARE A3+
R.K. Associates And Hoteliers Pvt Ltd LT Bk Fac          CARE BB+       911.8   Reaffirmed
R.K. Electrical Industries Pvt Ltd    LT Bk Fac          CARE C         30      -
Issuer not cooperating
R.K. Hoteliers And Developers Pvt Ltd LT Bk Fac          CARE BB+       582.4   Reaffirmed
Radharani Himghar Pvt Ltd             LT Bk Fac          CARE B+        145     Assigned
Raghuleela Builders Pvt Ltd           LT Fund Based (TL  CARE BBB-      4000    Reaffirmed
                                      – LAP)
Raghuleela Builders Pvt Ltd           LT Fund Based (TL  CARE BBB- *    4700    Reaffirmed
                                      – LRD)
*based on escrow of rent receivables and other terms of the sanction
Raheja Developers Ltd                 LT Bk Fac          CARE B         11716.4 Revised from
                                                                                CARE BB
Issuer Not Cooperating
Raheja Icon Entertainment Pvt Ltd     NCD Issue          CARE B         680     Revised from
                                                                                CARE BB
Issuer Not Cooperating
Railway Energy Management Co. Ltd     LT - Bk Fac - Fund CARE AA        772.7   Reaffirmed
                                      Based – TL
Rajat Renewables Ltd                  LT Bk Fac          CARE BBB       2142    Assigned
Ramani Timber Mart                    LT Bk Fac          CARE B+        20      -
Issuer not Co-operating
Rathi Industries Ltd                  LT Bk Fac          CARE BBB-      775     Reaffirmed
Rau Pithampur Infrastructure Pvt Ltd  LT Bk Fac          CARE BBB+      414.2   Revised from
                                                                                CARE BBB
Rau Pithampur Infrastructure Pvt Ltd  LT/ST Bk Fac       CARE BBB+/A2   36.5    Revised from
                                                                                CARE BBB / A3
Reed And Pick                         LT Bk Fac          CARE B         7.5     Revised from
                                                                                CARE B+
Reliance Big Entertainment Pvt Ltd    LT Bk Fac          CARE A+*       3000    Reaffirmed
* backed by unconditional irrevocable corporate guarantee from Reliance Innoventures Private
Limited
Reliance Big Entertainment Pvt Ltd    LT Bk Fac          CARE BBB-      400     Reaffirmed
Reliance Big Tv Ltd                   Long/ST Bk Fac     CARE D         900     -
Issuer not cooperating
Replika Press Pvt Ltd                 LT Bk Fac          CARE BBB-      540     Revised from
                                                                                CARE A-
Issuer not cooperating
Rishab Industries                     LT Bk Fac          CARE BB+       5       Reaffirmed
Rishab Industries                     LT/ST Bk Fac       CARE BB+/A4+   45      Reaffirmed
Ritzy Chemicals Pvt Ltd               LT/ STBk Fac       CARE BB+/A4+   2500    Reaffirmed
Ritzy Polymers                        LT/ STBk Fac       CARE BB+/A4+   560     Reaffirmed
Rodic Consultants Pvt Ltd             LT Bk Fac (TL)     CARE A         372.7   Revised from
                                                                                CARE A-
Roger Industries Ltd                  LT BkFac           CARE BBB       1.9
ISSUER NOT COOPERATING*
Rohan Gruhnirman Llp                  LT Bk Fac          CARE A-        700     Revised from
                                                                                CARE BBB+
Rolling Construction Pvt Ltd          LT Bk Fac          -              -       Withdrawn
Roop Caterers                         LT BkFac           CARE BB+       180     Reaffirmed
Royal Infraconstru Ltd                LT Bk Fac          CARE BBB+      106.8   -
Issuer not cooperating; Based on best available information
Royal Infraconstru Ltd                Long/ST Bk Fac     CARE BBB+/A3+  3550    -
Issuer not cooperating; Based on best available information
Royal Techno Projects (India) Pvt Ltd LT/ST Bk Fac       CARE BB-/A4    75      -
Revised from CARE BB & Short Term Reaffirmed
Rural Electrification Corporation Ltd Market Borrowing   CARE AAA/A1+   -       Reaffirmed
                                      Programme (FY’19)
*including short term borrowing programme of Rs.7,000 crore as sublimit of total MBP for FY19
S K Samanta & Company Pvt Ltd         LT Bk Fac          CARE A-        150     Reaffirmed
S&J Granulate Solutions Pvt Ltd       LT Bk Fac          CARE B+        200     Assigned
S. D. Corporation Pvt Ltd             Proposed LT – NCD ^CARE AA+ (SO)  1250    Assigned
^credit enhancement in the form of an unconditional and irrevocable revolving DSRA Guarantee
provided by Shapoorji Pallonji and Company Private Limited (SPCPL, rated CARE AA+, Stable/ CARE
A1+)
S. S. Construction                    LT Bk Fac          CARE BB+       100     -
Issuer Not Cooperating; based on best available information
Safari Retreats Pvt Ltd               LT Bk Fac          CARE BBB-      2200    Reaffirmed
Saffron Met Yarns Ltd                 LT Bk Fac          CARE BB-       97.5    Reaffirmed
Safir Enterprises                     LT Bk Fac          CARE B+        26      Assigned
Saha Infratech Pvt Ltd                NCDs               CARE B+        1600    Revised from
                                                                                CARE D
Sai International                     LT BkFac           CARE BB-       97      -
Issuer not cooperating
Sai International                     LT/STBk Fac        CARE BB-/A4    47.5    -
Issuer not cooperating
Sai Traders                           LT Bk Fac          CARE BB-       30      -
Issuer not cooperating
Saisons Trade And Industry Ltd        LT Bk Fac          CARE BB        350     -
Issuer not cooperating
Saiyed Paper Mills Ltd                LT Bk Fac          CARE BB-       2.1     -
Issuer not cooperating
Saiyed Paper Mills Ltd                LT/ST Bk Fac       CARE BB-/A4    60      -
Issuer not cooperating
Salora International Ltd              LT Bk Fac          CARE BB        550     Revised from
                                                                                CARE BB+
Samarth Lifestyle Retailing Pvt Ltd   LT Bk Fac          CARE BB+       443.2   Revised from
                                                                                CARE BB
Sarvodaya Agrotech (India) Ltd        LT/STBk Fac        CARE BBB-/A3   150     Reaffirmed
Sarvottam Atta Pvt Ltd                LT BkFac           CARE BB-       180     Revised from
                                                                                CARE BB
Satyam Caterers Pvt Ltd               LT Bk Fac          CARE BB+       515     Reaffirmed
Savitra Tiles Pvt Ltd                 LT BkFac           CARE BB-       66.6    Reaffirmed
Sbw Udyog Ltd                         LT BkFac           CARE BBB       300     Reaffirmed
Sd Svp Nagar Redevelopment Pvt Ltd    NCDs (NCDs)^       CARE AA+       750     Final Rating
^Credit enhancement in the form of a unconditional, irrevocable and revolving DSRA Guarantee
provided by Shapoorji Pallonji and Company Private Limited (SPCPL, rated CARE AA+ Stable/A1+)
Seajuli Developers & Finance Ltd      LT Bk Fac          CARE BBB-      2000    Assigned
Servotech India Ltd                   LT Bk Fac          CARE BB        120     Reaffirmed
Shakumbhari Solar Power Project Pvt   LT BkFac           CARE BBB       487.5   Assigned
Ltd 
Shankar Soya Concepts                 LT Bk Fac          CARE BBB-      55      Reaffirmed
Shapers Constructions Ltd             LT BkFac           CARE BBB-      10      Revised from
                                                                                CARE BBB
Shining Sun Power (Telangana) Pvt Ltd LT Bk Fac          CARE BBB+      422.7   Revised from
                                                                                CARE BBB
Shiromani Cold Storage Pvt Ltd        LT Bk Fac          CARE B         63.9    Assigned
Shiromani Cold Storage Pvt Ltd        Proposed (LT /ST   CARE B/A4      84.8    Assigned
                                      Bk Fac)
Shiv Ganga Hybrid Seeds Pvt Ltd       LT BkFac           CARE B+        130     Revised from
                                                                                CARE BB
Issuer not cooperating
Shiv Gram Udyog Sansthan              LT Bk Fac          CARE B         110     Reaffirmed
Shiva Pharmachem Ltd                  LTBkFac            CARE BBB       822.3   Reaffirmed
Shivalay Ispat & Power Pvt Ltd        LT Bk Fac          CARE A         360     Revised from
                                                                                CARE A-
Shivam Construction Company           LT Bk Fac          CARE BB        6       Assigned
Shree Enterprises (Bhopal)            LT Bk Fac          CARE B+        65.1    Assigned
Shree Ram Oxy-Gas Pvt Ltd             LT Bk Fac          CARE BB+/      265     Revised from
                                                                                CARE BB
Shree Ram Oxy-Gas Pvt Ltd             LT/ STBk Fac       CARE BB+/A4+   70      Revised from
                                                                                CARE BB /
                                                                                CARE A4
Shree Vehicles Pvt Ltd                LT Bk Fac          CARE BB-       130     Assigned
Shree Venkateshwara Food Industries   LT Bk Fac          CARE B         67.1    Reaffirmed
Shreenathji Terine Pvt Ltd            LT Bk Fac          CARE BB-       16.9    Reaffirmed
Shreenathji Terine Pvt Ltd            LT/ST Bk Fac       CARE BB-/A4    45      Reaffirmed
Shri Lakshmi Metal Udyog Ltd          LT Bk Fac@         -              -       Withdrawn
@backed by the corporate guarantee provided by APL Apollo Tubes Ltd
Shri Lakshmi Metal Udyog Ltd          CP (CP) Programme* -              -       Withdrawn
* carved out of the sanctioned working capital
Shri Ram Solvex                       LT BkFac           CARE B         187.5   Revised from
                                                                                CARE B+
Issuer not cooperating
Shriram Epc Ltd                       LT Bk Fac          CARE D         5487.1  Reaffirmed
Shriram Epc Ltd                       LT/ STBk Fac       CARE D/D       480     Reaffirmed
Skema International Pvt Ltd           LT Bk Fac          CARE BB-       47.4    Assigned
Skema International Pvt Ltd           LT/ ST BkFac       CARE BB-/A4    60      Assigned
Snd Ltd                               LT Bk Fac - TL     CARE A-        1934.3  Reaffirmed
Snd Ltd                               LT Bk Fac - CC     CARE A-        1000    Reaffirmed
Sobha Ltd                             LT Bk Fac          CARE A         14219   -
Issuer not cooperating
Somula Constructions Pvt Ltd          LT Bk Fac          CARE B         75      -
Issuer not cooperating
Sophisticated Industrial Materials    LT Bk Fac          CARE BB+       58.3    Reaffirmed
Analytic Labs Pvt Ltd
Sophisticated Industrial Materials    LT/ ST Bk Fac      CARE BB+/A4+   120     Reaffirmed
Analytic Labs Pvt Ltd
South India Corpn Pvt Ltd             LT Bk Fac          CARE A         1300    Reaffirmed
South India Corpn Pvt Ltd             LT/ST Bk Fac       CARE A/A1      1479    Reaffirmed
Spectra Realcon Llp                   LT Bk Fac          CARE BB-       162.4   Reaffirmed
Srg Securities Finance Ltd.           LT Bk Fac          CARE BB        65      Reaffirmed
Srm Civil Works Pvt Ltd               LT Bk Fac          CARE BB+       111.7   Reaffirmed
Srm Hotels Pvt Ltd                    LT Bk Fac          CARE B+        852.3   Reaffirmed
Sunren Automotive                     LT Bk Fac          CARE B+        30      Reaffirmed
Sunrise Construction Company          LT Bk Fac          CARE BB-       10      Reaffirmed
Sunrise Construction Company          LT Bk Fac / ST Bk  CARE BB-/A4    50      Reaffirmed
                                      Fac
Sunshine Glass Company Pvt Ltd        LT Bk Fac          CARE BBB-      228     Reaffirmed
Sunshine Tiles Company Pvt Ltd        LT Bk Fac          CARE A-        1337.2  Reaffirmed
Sunteck Realty Ltd                    LT Bk Fac/ ST Bk   CARE AA-       9570    Revised from
                                      Fac                                       CARE A+
Sunteck Realty Ltd                    Proposed NCD issue CARE AA-       1000    Revised from
                                                                                CARE A+
Sunteck Realty Ltd                    NCD issue          CARE AA-       300     Revised from
                                                                                CARE A+
Surat Hazira Nh-6 Tollway Pvt Ltd     LT Bk Fac          CARE D         24000   Reaffirmed
Suresh Kumar Mittal                   LT Bk Fac          CARE B+        105     Assigned
Surya Telecom Pvt Ltd                 LT Bk Fac          CARE B         28.5    -
Issuer Not Co-operating; based on best available information
Sushila International                 LT Bk Fac          CARE B         35      Assigned
Suyash Chemical & Fertilizers Pvt Ltd LT Bk Fac          CARE BB        86.6    -
Issuer Not Co-operating; based on best available information
Svasti Microfinance Pvt Ltd           Proposed LT BkFac  CARE BBB-      400     Revised from
                                                                                CARE BB+
Swami Devi Dyal Hi-Tech Education     LT Bk Fac          CARE BB-       100     -
Academy
Issuer Not Co-operating; based on best available information
Swan Energy Ltd                       LT Bk Fac – Fund   CARE BB+       600     Revised from
                                      Based                                     CARE BB
Swd Industries                        LT Bk Fac          CARE BB-       60      Revised from
                                                                                CARE BB
Issuer not cooperating
Swipe Technologies Pvt Ltd            LT Bk Fac          CARE BB-       35      -
Issuer not cooperating
Tata Chemicals Ltd                    LT Bk Fac – FBL    CARE AA+       18970*  Reaffirmed
*includes unallocated limits of Rs.609 crore
Tata Chemicals Ltd                    Non – Convertible  CARE AA+       2500    Reaffirmed
                                      Deben
Tcg Lifesciences Pvt Ltd              LT Bk Fac          CARE BBB+      604.8   Reaffirmed
Tejas Agro Irrigation Systems Pvt Ltd LT Bk Fac          CARE B+        128.7   -
Issuer Not Co-operating; based on best available information
Terapanth Foods Ltd                   LT Bk Fac          CARE BBB-      289.7   Revised from
                                                                                CARE BB+
Textrade International Ltd            Bk Fac-Fundbased - CARE BB+       1200    Revised from
                                      LT/ ST-EPC/PSC                            CARE BBB-
Thdc India Ltd                        LT Bk Fac (TL)     CARE AA+       20000   Reaffirmed
Thdc India Ltd                        LT Bonds           CARE AA+       6000    Reaffirmed
The Nagpur Pallottine Society         LT Bk Fac          CARE BB        49.1    Reaffirmed
The Phaltan Education Society         LT Bk Fac          CARE BB        56.5    Revised from
                                                                                CARE BB-
Tide Industries                       LT Bk Fac (CC)     -              80      Withdrawn
Tide Industries                       LT Bk Fac (BG)     CARE BBB+      6.5     -
Issuer Not Co-operating; based on best available information
Time Mauser Industries Pvt Ltd        LT Bk Fac*         CARE A         250     Reaffirmed
*credit enhancement in the form of Letter of Comfort (LOC) extended by Time Technoplast Limited
(TTL, flagship company of Time group) to the lender of TMIPL (detailed as below).
Tirupati Sugars Ltd                   LT Bk Fac          CARE BBB-      2336.6  Reaffirmed
Tiwari Construction                   LT Bk Facility     CARE B+        30      Assigned
Tribhuvan Polymers Pvt Ltd            LT Bk Fac          CARE BB-       147.9   Reaffirmed
Tribhuvan Spintex Pvt Ltd             LT Bk Fac          CARE BB        40      -
Issuer Not Co-operating; based on best available information
True Value Homes (India) Pvt Ltd      NCD issue          CARE B         2000    Revised from
                                                                                CARE B
Uae Exchange And Financial Services LtLT BkFac           CARE BBB+      7042.5  #
Uniquest Infra Ventures Pvt Ltd       Bk Fac – Non-fund  CARE AA-/A1+   750     Reaffirmed
                                      based – LT/ ST –BG
Usha Yarns Ltd                        LT Bk Fac          CARE BBB-      442     Reaffirmed
Usha Yarns Ltd                        LT/ST Bk Fac       CARE BBB-      0.2     Reaffirmed
V. K. Udyog Ltd                       LT Bk Fac          CARE BB        100     Reaffirmed
Vaibhav Rice Mill                     LT Bk Fac          CARE BB        129.2   Reaffirmed
Vaishali Agro Soya Products           LT Bk Fac          CARE B+        155.1   Reaffirmed
Vardhman Industrial Steel Pvt Ltd     LT Bk Fac          CARE B         120     -
Issuer not cooperating
Vasantha Industries Ltd               LT Bk Fac          CARE BBB-      1932.8  Reaffirmed
Veeda Clinical Research Pvt Ltd       LT Bk Fac          CARE BBB+      9.2     Reaffirmed
Veeda Clinical Research Pvt Ltd       LT /ST Bk Fac      CARE BBB+ / A3+170     Reaffirmed
Vintage Home Fashions                 LT Bk Fac          CARE C         75      Revised from
                                                                                CARE B-
ISSUER NOT COOPERATING
Vizebh Compositech Pvt Ltd            LT Bk Fac          CARE D         150     -
Issuer did not cooperate; Based on best available information
Volupia Developers Pvt Ltd            LT Bk Fac – TL     CARE A         500     Reaffirmed
Vub Engineering Pvt Ltd               LT Bk Fac          CARE BBB-      250     Reaffirmed
West Bengal State Electricity         LT Bk Fac          CARE A         872     Reaffirmed
Transmission Co. Ltd
West Bengal State Electricity         LT                 CARE A         366     Reaffirmed
Transmission Co. Ltd                  SecuredRedeemable
                                      Bonds Series I– Tranche I
West Bengal State Electricity         LT                 CARE A         2500    Reaffirmed
Transmission Co. Ltd                  SecuredRedeemable
                                      Bonds SeriesII
West Bengal State Electricity         Issuer Rating      CARE A         -       Reaffirmed
Transmission Co. Ltd
West Bengal State Electricity         Long/ST BkFac      CARE A/A1      3250    Reaffirmed
Transmission Co. Ltd
Wintry Engineering And Chemicals Pvt LBk Fac- Fund       CARE BB+       136.9   -
                                      Based- LT- TL
ISSUER NOT COOPERATING
Wintry Engineering And Chemicals Pvt LBk Fac- Fund       CARE BB+       110     -
                                      Based- LT- CC
ISSUER NOT COOPERATING
World Window Impex India Pvt Ltd      LT Bk Fac          CARE BBB       1990    -
Issuer not cooperating; Based on best available information
Yantra Kaushalya Engineers Pvt Ltd    LT Bk Fac          CARE BB-       20.5    -
Reaffirmed and removed from Issuer Not cooperating
Yantra Kaushalya Engineers Pvt Ltd    LT Bk Fac / ST Bk  CARE BB-/CARE  20      -
                                      Fac                A4
Reaffirmed and removed from Issuer Not cooperating
Yash Appliances                       LT Bk Fac          CARE BB+       80      -
ISSUER NOT COOPERATING
--------------------------------------------------------------------------------------------
$: 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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