March 26, 2019 / 10:38 AM / a month ago

CARE ratings for Indian debt instruments-Mar 26

    Mar 26 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE)
for local debt instruments as of March 25, 2019.


COMPANY                               INSTRUMENT         RATING        AMOUNT   MOVEMENT
                                                                       (RS.MLN)
-------                               ----------         ------        -------  ---------
SHORT TERM RATINGS:
-------------------
A S Wood Impex Pvt Ltd                Short Term BkFac   CARE A4+       450     Revised from
                                                                                CARE A3
(Issuer not cooperating)
Adg Agrotech Pvt Ltd                  ST Bk Fac          CARE A4        1.1     Reaffirmed

Alumil Buildmate Pvt Ltd              ST Bk Fac          CARE A4        30      Assigned
Ambika Timber Depot                   ST Bk Fac          CARE A4        77      Assigned
Aravinda Electricals                  ST Bk Fac          CARE A4        340     Assigned
Bajrang Agrotech (I) Pvt Ltd          ST Bk Fac          CARE A4        67.5    Reaffirmed
Berger Paints India Ltd               CP Issue           CARE A1+       5000    Assigned
Bharath Agro Agencies                 ST Bk Fac          CARE A4        17      -
(Issuer not cooperating)
Bhilosa Industries Pvt Ltd            ST Bk Fac          CARE A1+       11000   Reaffirmed
Backbone Projects Ltd                 ST Bk Fac          CARE D         10.2    Revised from
                                                                                CARE A4
(Issuer not cooperating)
Bnc Power Projects Ltd                ST Bk Fac          CARE A3        875     Reaffirmed
Brandavan Foods Products              ST Bk Fac          -              -       Withdrawn
Classic Products Pvt Ltd              ST BkFac           CARE A4        5       Reaffirmed
Doon Tower                            ST BkFac           CARE A4        18      -
(Issuer not cooperating)
Dhara Petrochemicals Pvt Ltd          ST Bk Fac          -              -       Withdrawn
Devi Construction Company Pvt Ltd     ST Bk Fac          -              -       Withdrawn
Fibremarx Papers Pvt Ltd              ST Bk Fac          CARE A4        25      -
(Issuer not cooperating)
Grv Spintex Pvt Ltd                   ST BkFac           CARE A4+       2.5     Revised from
                                                                                CARE A4;
Hyper Filteration Pvt Ltd             ST Bk Fac          CARE A4        30      Reaffirmed
IA Hydro Energy Pvt Ltd               ST Bk Fac          CARE A4        50      -
(Issuer not cooperating)
Jarai Kela Lumberman (India) Pvt Ltd  ST Bk Fac          CARE A3        85      Reaffirmed
Jp Ram Infra                          ST Bk Fac          CARE A4        25      Assigned
Kaygaon Paper Mills Ltd               ST Bk Fac          CARE A4        87.5    -
(Issuer not cooperating)
K.Radhakrishna Naik                   ST Bk Fac          CARE D         13.6    Revised from
                                                                                CARE A4
Kn Resources Pvt Ltd                  ST Bk Fac          CARE A3+       190     Reaffirmed
                                      (non-fund based)
Krushna Cotex Pvt Ltd                 ST Bk Fac          CARE A4        56.8    Reaffirmed
M.S.R Iron & Steel Industries India PvST Bk Fac          CARE A4        96.9    -
Ltd
(Issuer not cooperating)
Maithan Steel & Power Ltd             ST BkFac           CARE A3        220     -
(Issuer not cooperating)
Mangaldeep Cold Storage Pvt Ltd       ST BkFac           CARE A4        1.3     -
(Issuer not cooperating)
Mega International Pvt Ltd            Short Tern Bk Fac  CARE A3        110     Revised from
                                                                                CARE A3+
Multi Infratech Pvt Ltd               ST Bk Fac          CARE A3        120     Reaffirmed
Natural Tex Yarn Pvt Ltd              ST Bk Fac          -              -       Withdrawn
Newtech Buildhome Pvt Ltd             ST Bk Fac @        CARE A3+       140     Reaffirmed
@ backed by unconditional and irrevocable corporate guarantee extended by Serveall Land
Developers Private Limited
Nippon Motor Corporation Pvt Ltd      ST Bk Fac          CARE A3        1580    -
(Issuer not cooperating)
N.S. Engineering Company Pvt Ltd      ST Bk Fac          -              -       Withdrawn
Nandan Buildcon Pvt Ltd               ST BkFac           CARE D         250     -
Precast India Infrastructures Pvt Ltd ST Bk Fac          CARE A3        620     -
(Issuer not cooperating)
Premier Irrigation Adritec Pvt Ltd    ST BkFac           CARE A4+       451.6   -
(Issuer not cooperating)
Rahul Agro Industries                 ST BkFac           CARE A4        100     -
(Issuer not cooperating)
Railtrack Concrete Products Pvt Ltd   ST Bk Fac          CARE A4        85      Assigned
Ram Narayan Contractor                ST Bk Fac          CARE A4        100     Revised from
                                                                                CARE A4+
Ramesh Iron & Steel Company India Pvt ST Bk Fac          CARE A4        89.3
Ltd
(Issuer not cooperating)
Rathi Industries Ltd                  ST Bk Fac          CARE A3        436530
(Issuer not cooperating)
Rajesh Machine Tools Pvt Ltd          ST Bk Fac          -              -       Withdrawn
R. K. Associates And Hoteliers Pvt. LtST Bk Fac          -              -       Withdrawn
Roop Caterers                         ST Bk Fac          -              -       Withdrawn
S P Construction                      ST BkFac           CARE A4        150     -
(Issuer not cooperating)
Sajjala Woven Sacks Pvt Ltd           ST Bk Fac          CARE D         10      -
(Issuer not cooperating)
Sangam Handicraft Pvt Ltd             ST Bk Fac          CARE A4        7.5     -
(Issuer not cooperating)
Serveall Land Developers Pvt Ltd      ST Bk Fac          CARE A3+       136     Reaffirmed
Shakti Motors Pvt Ltd                 ST Bk Fac          CARE A3        32.5    Reaffirmed
Shambhu Textile Mills Pvt Ltd         STBk Fac           CARE A4        12.5    -
(Issuer not cooperating)
Satyam Caterers Pvt. Ltd.             ST Bk Fac          -              -       Withdrawn
Seam Industries Ltd                   ST Bk Fac          CARE D         300     -
(Issuer not cooperating)
Shankar Soya Concepts                 ST Bk Fac          CARE A4+       155     Revised from
                                                                                CARE A3
Shree Narshing Construction           ST Bk Fac          CARE A4        30      Assigned
Shree Shanti Polysacks Pvt Ltd        ST Bk Fac          CARE A4+       61      -
(Issuer not cooperating)
Shri Mahavir Ferro Alloys Pvt Ltd     ST Bk Fac          CARE D         155     -
(Issuer not cooperating)
Strescon Industries Ltd               ST Bk Fac          CARE BB-/A4    40      Assigned
Shyamjoti Rice Mill Pvt Ltd           ST Bk Fac          CARE A4        10      Reaffirmed
Simora Tiles Llp                      ST Bk Fac          CARE A4        20      Reaffirmed
Simplex Engineering & Foundry Works PvST Bk Fac          CARE A4+       400     Revised from
Ltd                                                                             CARE A3
Srivenkateshwar Tradex Pvt Ltd        ST BkFac           CARE A4        180     -
(Issuer not cooperating)
Steel Rolling Mill Of Maharashtra     ST Bk Fac          CARE A4        1       Downgraded
                                                                                from CARE A4+
Sunil Chemical Industries             ST Bk Fac          CARE A4        89      -
(Issuer not cooperating)
Special Lime Stone Pvt Ltd            ST Bk Fac          -              -       Withdrawn
Som Shiva (Impex) Ltd                 ST Bk Fac          -              -       Withdrawn
Oasis Tradelink Ltd                   ST Bk Fac          CARE D         150     -
(Issuer not cooperating)
Process Construction And Technical    ST Bk Fac          CARE D         175     Revised from
Services Pvt Ltd                                                                CARE A4+
The Handicrafts And Handlooms Export  ST Bk Fac          CARE A4        184     -
Corporation Of India Ltd
(Issuer not cooperating)
Thrisul Timber Traders                ST Bk Fac          CARE A4        88      Assigned
Time Mauser India Pvt Ltd             ST Bk Fac          CARE A1        500     Reaffirmed
Topline Lamination Pvt Ltd            ST Bk Fac          CARE A4        97.5    -
(Issuer not cooperating)
Vijai Shree Pvt Ltd                   ST Bk Fac          CARE A3        64.7    Reaffirmed
Vub Engineering Pvt Ltd               ST Bk Fac          CARE A3        750     -
(Shifted to Issuer not cooperating)
Yajur Commodities Ltd                 ST Bk Fac@         CARE A1        210     Assigned
@to be backed by unconditional and irrevocable corporate guarantee to be provided by Genus Power
Infrastructure Limited (GPIL)
Yajur Commodities Ltd                 ST BkFac*          CARE A1        540     Reaffirmed
* backed by unconditional and irrevocable corporate guarantee provided by Genus Power
Infrastructure Limited (GPIL)
Universal Auto Gears Llp              ST Bk Fac          CARE D         2       Revised from
Versatile Bonds Pvt Ltd               ST Fac             -              -       Withdrawn
                                                                                CARE A4



LONG TERM RATINGS:
-------------------
A S Wood Impex Pvt Ltd                LT BkFac           CARE BB+       25      Revised from
                                                                                CARE BBB-
(Issuer not cooperating)
Aavas Financiers Ltd                  LT Bk Fac          CARE AA-       15120   Reaffirmed
Adg Agrotech Pvt Ltd                  LT Bk Fac          CARE BB-       58      Reaffirmed
Agrawal Woven Polymers                LT Bk Fac          -              -       Withdrawn
Alumil Buildmate Pvt Ltd              LT Bk Fac          CARE B+        22.6    Assigned
Ambika Timber Depot                   LT Bk Fac          CARE B         70      Assigned
Ambizione Infrastructure Pvt Ltd      LT BkFac           CARE B+        120     -
(Issuer not cooperating)
Anondita Healthcare Pvt Ltd           LT Bk Fac          CARE B+        90      Issuer Not
                                                                                Cooperating
Aravinda Electricals                  LT Bk Fac          CARE BB        160     Assigned
Arihant Plantations Pvt Ltd           LT Bk Fac          CARE BB-       125.3   Revised from
                                                                                CARE BB+
(Issuer not cooperating)
Ashashree Frozen Food Pvt Ltd         LT Bk Fac          CARE B         67      Revised from
                                                                                CARE B+
(Issuer not cooperating)
Axita Cotton Ltd (Erstwhile Known As  LT Bk Fac          -              -       Withdrawn
Axita Cotton Pvt Ltd)
B. P. Frozen Foods                    LT Bk Fac          CARE B+        115.5   Reaffirmed
Backbone Projects Ltd                 LT Bk Fac          CARE D         125.6   Revised from
                                                                                CARE B
(Issuer not cooperating)
Bahubali Cashews                      LT Bk Fac          CARE B+        80      Assigned
Bajrang Agrotech (I) Pvt Ltd          LT Bk Fac          CARE BB-       50      Reaffirmed
Bharath Agro Agencies                 LT Bk Fac          CARE B+        50      Revised from
                                                                                CARE BB-
(Issuer not cooperating)
Bhilosa Industries Pvt Ltd            Proposed CP Issue  --             -       Withdrawn
                                      (Carved out)*
*The rating is withdrawn based on request for withdrawal and written confirmation that the
company has not availed the proposed commercial paper rated by CARE and there is no outstanding
under the said facility as on date.
Bhilosa Industries Pvt Ltd            LT Bk Fac          CARE A+        31273.7 Reaffirmed
Bnc Power Projects Ltd                LT Bk Fac          CARE BBB       433.2   Reaffirmed
Brandavan Foods Products              LT Bk Fac          -              -       Withdrawn
Btm Fabrics Pvt Ltd                   LT Bk Fac          CARE B         110     Reaffirmed
Central Academy Jodhpur Education     LT Bk Fac          CARE BB        134     Revised from
Society                                                                         CARE BB+
Chandigarh Distillers & Bottlers Ltd  LT Bk Fac          CARE BBB+      670.9   Reaffirmed
Chintamani Finlease Ltd               NCDs               CARE B+        50      -
(Issuer not cooperating)
Classic Products Pvt Ltd              LT BkFac           CARE BB+       135     Revised from
                                                                                CARE BB
Classic Products Pvt Ltd              Long /ST Bk Fac    CARE BB+/A4    50      -
(Long term rating revised from CARE BB and short term rating reaffirmed)
Deepak Nexgen Feeds Pvt Ltd           LT Bk Fac          CARE BBB-      250     Assigned
Dhara Petrochemicals Pvt Ltd          LT Bk Fac          -              -       Withdrawn
Doon Tower                            LT BkFac           CARE B         63.4    -
(Issuer not cooperating)
Doon Tower                            Long/STBk Fac      CARE B/A4      8.6     -
(Issuer not cooperating)
Dr. M N Tandon Memorial Charitable TruLT BkFac           CARE B+        42.6    -
(Issuer not cooperating)
E-Procurement Technologies Ltd        LT Bk Fac          CARE BBB+      5       Reaffirmed
E-Procurement Technologies Ltd        LT/ STBk Fac       CARE BBB+/A2   28      -
(Long-term rating reaffirmed and Short-term rating revised from CARE A3+)
Esselworld Leisure Pvt Ltd            LT Bk Fac (TL)     CARE BBB+      100     Reaffirmed
Esselworld Leisure Pvt Ltd            LT Bk Fac (Bk      CARE BBB+      280     Reaffirmed
                                      Overdraft)
Fibremarx Papers Pvt Ltd              LT Bk Fac          CARE BB-       381     Revised from
                                                                                CARE BB
G.Parandhamaiah And Company Cotton    LT Bk Fac          CARE B         80      Revised
Ginning Mills                                                                   fromCARE B+
Gajanan Food Products                 LT Bk Fac          CARE B         49      -
(Issuer not cooperating)
Garg Rice Industry                    LT Bk Fac          CARE B+        120     Assigned
Ghevariya Exports                     Long/ST Bk limits  CARE BB+/A4+   120     Reaffirmed
Global Dhall Industries               Long -term Bk Fac  CARE BB-       170     -
(Issuer not cooperating)
Goex Freight Solutions Pvt Ltd        LT Bk Fac          CARE A+        75      Reaffirmed
(Erstwhile Sai Jyoti Logistics Services
Pvt Ltd)
Green Orbit Apparels Pvt Ltd          LT Bk Fac          CARE B         100     Revised from
                                                                                CARE BB-
(Issuer not cooperating)
Grv Spintex Pvt Ltd                   LT BkFac           CARE BB+       743.8   Revised from
                                                                                CARE BB;
Grv Spintex Pvt Ltd                   LT / Shortterm Bk  CARE BB+/A4+   *43     -
                                      Fac
(Issuer not cooperating) /* Reclassified from Short-term to Long-term/Short-term
Gulf Oil Lubricants India Ltd         LT Bk Fac –        -              -       Withdrawn
                                      NonFund Based
Gulf Oil Lubricants India Ltd         LT Bk Fac          -              -       Withdrawn
                                      –Proposed Loan
Harsha Abakus Solar Pvt Ltd           LT Bk Fac          CARE BBB-      203.4   Revised from
                                                                                CARE BBB;
                                                                                Stable
Harsha Abakus Solar Pvt Ltd           LT Bk Fac          CARE BBB-      450     Assigned
Harsha Abakus Solar Pvt Ltd           Long- Term/STBk FacCARE BBB-/A3   1050    Revised from
                                                                                CARE BBB;
                                                                                Stable/ CARE A3
Haryana Liquors Pvt Ltd               LT Bk Fac          CARE B+        432.9   Reaffirmed
Haryana Liquors Pvt Ltd               LT/ST Bk Fac       CARE B+/A4     10      Reaffirmed
Hinduja Renewable Energy Pvt Ltd      LT Bk Fac          CARE A         1196.6  Reaffirmed
(Formerly Known As Fonroche Saaras
Energy Pvt Ltd)
Hmp Hotels Pvt Ltd                    LT Bk Fac          CARE D         51      Assigned
Hyper Filteration Pvt Ltd             LT Bk Fac          CARE BB        30      Reaffirmed
Hyper Filteration Pvt Ltd             LT/ST Bk Fac       CARE BB/A4     40      Reaffirmed
Ia Hydro Energy Pvt Ltd               LT Fund Based      CARE BB-       3356.1  -
(Issuer not cooperating)
India Belt Company                    LT Bk Fac          CARE B         50      -
(Issuer not cooperating)
Irep Credit Capital Pvt Ltd           LT Bk Fac          CARE BBB       1000    Reaffirmed
                                      (Proposed)
J.S.K. Hotels Pvt Ltd                 LT Bk Fac          CARE BBB-      136.8   Reaffirmed
Jamnagar Utilities & Power Pvt Ltd    Non- Convertible   CARE AAA       58750   Reaffirmed
                                      Debentures
Jarai Kela Lumberman (India) Pvt Ltd  LT Bk Fac          CARE BBB-      57.6    Reaffirmed
Jay Chemical Industries Ltd           CP (carved out of  -              -       Withdrawn
                                      sanctioned fund
                                      based working capital limits)
Jp Ram Infra                          LT Bk Fac          CARE B+        30      Assigned
Jtm Cashew Processing Pvt Ltd         LT Bk Fac          CARE BB-       95      -
(Issuer not cooperating)
K.G.P. Gold Palace                    LT Bk Fac          CARE B-        110     Revised from
                                                                                CARE B
K.G.P. Jewellers                      LT Bk Fac          CARE B-        108.4   Revised from
                                                                                CARE B
K.Radhakrishna Naik                   LT Bk Fac          CARE D         50.2    Revised from
                                                                                CARE B+
Kala Chand Bose                       LTBk Fac           CARE B         66      -
(Issuer not cooperating)
Kapil Mohan & Associates Hydro Power  LT Bk Fac          CARE BB+       397.4   Revised from
Pvt Ltd                                                                         CARE BB
Kaygaon Paper Mills Ltd               LT Bk Fac          CARE BB        309.5   -
(Issuer not cooperating)
Kn Resources Pvt Ltd                  LT/ST Bk Fac (fund CARE BBB/A3+   1700    Reaffirmed
                                      based/nonfund
                                      based)
Krushna Cotex Pvt Ltd                 LT - (TL)          -              -       Withdrawn
Krushna Cotex Pvt Ltd                 LT Bk Fac          CARE B+        80      Reaffirmed
Kunvarji Warehousing And Logistics PvtLT Bk Fac          CARE BB+       22.1    Reaffirmed
Ltd
Kurmi Energy Pvt Ltd                  LT Bk Fac          CARE BB        287.1   Revised from
                                                                                CARE B-
Kurmi Energy Pvt Ltd                  LT/Shortterm Bk    CARE BB/A4     25      Revised from
                                      Fac                                       CARE B-/ CARE
                                                                                A4
Kusters Engineering India Pvt Ltd     Long / ST Bk Fac   -              -       Withdrawn
Late Smt. Vidyawanti Labhu Ram        LT Bk Fac          CARE BBB-      294.7   Reaffirmed
Foundation For Research & Social Welfare
Lokmangal Mauli Industries Ltd        LT Bk Fac          CARE D         2108.5  -
(Issuer not cooperating)
M.S.R Iron & Steel Industries India PvLT Bk Fac          CARE BB-       303.1   -
Ltd
(Issuer not cooperating)
Maa Subhala Cold Storage Pvt Ltd      LT Bk Fac          CARE B+        88      -
(Issuer not cooperating)
Mahakali Cold Storage Pvt Ltd         LT Bk Fac          CARE B         92      Revised from
                                                                                CARE B+
(Issuer not cooperating)
Mahakali Rice Mills Pvt Ltd           LT Bk Fac          CARE BB-       92.5    Revised from
                                                                                CARE BB
(Issuer not cooperating)
Maithan Steel & Power Ltd             LT BkFac           CARE BBB-      657.8   Revised from
                                                                                CARE BBB
(Issuer not cooperating)
Malar Textiles                        LT Bk Fac          CARE BB-       84      Assigned
Malineni Perumallu Educational SocietyLT Bk Fac          CARE BB-       100     Assigned
Mangaldeep Cold Storage Pvt Ltd       LT Bk Fac          CARE B         78.7    Revised from
                                                                                CARE B+
(Issuer not cooperating)
Matrix Green Energy Pvt Ltd           LT Bk Fac          CARE BBB       648.5   Revised from
                                                                                CARE BBB-
Mega International Pvt Ltd            LT BkFac           CARE BBB-      20      Revised from
                                                                                CARE BBB
Mega International Pvt Ltd            LT/ST Bk fac       CARE BBB-/A3   170     Revised from
                                                                                CARE BBB/A3+
Mehar Tableware Pvt Ltd               LT Bk Fac          CARE BB-       66.8    -
(Issuer not cooperating)
Mehar Tableware Pvt Ltd               LT/ST Bk Fac       CARE BB-/A4    48      -
(Issuer not cooperating)
Mehsana District Cooperative Milk     LT Bk Fac          CARE AA        2301.3  Revised from
Producers Union Ltd                                                             CARE AA+
Mehsana District Cooperative Milk     LT / STBk Fac      CARE AA/A1+    16736   Revised from
Producers Union Ltd                                                             CARE AA+;
                                                                                Stable/ CARE A1+
Minakshi Cotton Pvt Ltd               LT Bk Fac          CARE B+        189.4   Reaffirmed
Mkd Infrastructure And Projects Pvt LtLT Bk Fac          CARE B+        60      -
(Issuer not cooperating)
Mody Enterprise                       LT Bk Fac – Fund   CARE BB        350     Reaffirmed
                                      based
Mody Enterprise                       Long/ST Bk Fac –   CARE BB/A4     100     Reaffirmed
                                      Non-fund based
Monarch Package Of India              LT Bk Fac          -              -       Withdrawn
Multi Infratech Pvt Ltd               LT Bk Fac          CARE BBB-      65      Reaffirmed
N.S. Engineering Company Pvt Ltd      LT Bk Fac          -              -       Withdrawn
Nandan Buildcon Pvt Ltd               LT Bk Fac          CARE D         1037.6  -
(Issuer not cooperating)
Natural Tex Yarn Pvt Ltd              LT Bk Fac          -              -       Withdrawn
Newtech Buildhome Pvt Ltd             LT Bk Fac @        CARE BBB       1000    Reaffirmed
@backed by unconditional and irrevocable corporate guarantee extended by Serveall Land
Developers Private Limited
Nippon Motor Corporation Pvt Ltd      LT Bk Fac          CARE BBB-      870     -
(Issuer not cooperating)
Nirman Homes                          LT Bk Fac          CARE B+        90      Revised from
                                                                                CARE BB-
(Issuer not cooperating)
Notandas Jewellers Pvt Ltd            LT Bk Fac          -              -       Withdrawn
Notandas Jewellers Pvt Ltd            Proposed LT BkFac  CARE BBB-      150     -
Rating reaffirmed Outlook revised to Negative from Stable
Oasis Tradelink Ltd                   LT Bk Fac          CARE D         150     -
(Issuer not cooperating)
One Education Initiatives Pvt Ltd     LT Bk Fac          -              -       Withdrawn
Pacifica Hotels (Ahmedabad Project)   LT Bk Fac          -              -       Withdrawn
Pvt. Ltd.
Paragon Industries Ltd                LT Bk Fac          -              -       Withdrawn
Precast India Infrastructures Pvt Ltd LT Bk Fac          CARE BBB-      200     Revised from
                                                                                CARE BBB
Premier Irrigation Adritec Pvt Ltd    LT BkFac           CARE BB+       401.4   -
(Issuer not cooperating)
Prime Plaza Hotels Pvt Ltd            LT Bk Fac          CARE BB+       364     Revised from
                                                                                CARE BB
Process Construction And Technical    LT Bk Fac          CARE D         158     Revised from
Services Pvt Ltd                                                                CARE BB+
Process Construction And Technical    LT / ST Bk Fac     CARE D         667     Revised from
Services Pvt Ltd                                                                CARE BB+;
                                                                                Stable/CARE A4+
R V Enterprise                        LT Bk Fac          CARE BB-       61.6    Revised from
                                                                                CARE B
R. K. Associates And Hoteliers Pvt. LtLT Bk Fac          -              -       Withdrawn
R. Rajesh Exports                     LT BkFac           CARE BB        1010    Revised from
                                                                                CARE BB+
R.K. Hotliers And Developers Pvt. Ltd.LT Bk Fac          -              -       Withdrawn
Raajhans Solar Pvt Ltd (Formerly KnownLT Bk Fac          CARE A         382.7   Reaffirmed
As Fonroche Raajhans Energy Pvt Ltd)
Rahul Agro Industries                 LT BkFac           CARE BB-       180     -
(Issuer not cooperating)
Railtrack Concrete Products Pvt Ltd   LT Bk Fac          CARE B-        35      Assigned
Rajesh Machine Tools Pvt Ltd          LT Bk Fac          -              -       Withdrawn
Ram Narayan Contractor                LT Bk Fac          CARE BB-       20      Revised from
                                                                                CARE BB
Ramakrishna Hospitals Pvt Ltd         Long/ST Bk Fac –   -              -       Withdrawn
                                      Non fund based
Ramesh Iron & Steel Company India Pvt LT Bk Fac          CARE BB-       1010.7  -
Ltd
(Issuer not cooperating)
Rana Steels India Ltd                 LT Bk Fac          CARE D         262.4   -
(Issuer not cooperating)
Rana Steels India Ltd                 Long/ST Bk Fac     CARE D         40      -
(Issuer not cooperating)
Rathi Industries Ltd                  LT Bk Fac          CARE BBB-      775     -
(Issuer not cooperating)
Rattan Poultries Pvt Ltd              LT Bk Fac          CARE D         120     Revised from
                                                                                CARE B
Reliance Corporate It Park Ltd        LT/ST Bk Fac       CARE AAA/A1+   10000   Reaffirmed
Renew Wind Energy (Ap3) Pvt Ltd       LT Bk Fac          CARE BBB+      2180.4  Revised from
                                                                                CARE BBB
Roop Caterers                         LT Bk Fac          -              -       Withdrawn
S P Construction                      LT BkFac           CARE B+        20      Revised from
                                                                                CARE B+
S. H. Enterprises                     LT Bk Fac          CARE B+        90      Reaffirmed
Sajjala Woven Sacks Pvt Ltd           LT Bk Fac          CARE D         71.7    -
(Issuer not cooperating)
Sangam Handicraft Pvt Ltd             LT Bk Fac          CARE B         58      -
(Issuer not cooperating)
Satyam Caterers Pvt. Ltd.             LT Bk Fac          -              -       Withdrawn
Seam Industries Ltd                   LT Bk Fac          CARE D         383.7   -
(Issuer not cooperating)
Selve Cashews                         LT Bk Fac          CARE B         50      Assigned
Serveall Land Developers Pvt Ltd      LT Bk Fac          CARE BBB       706.9   Reaffirmed
Shakti Motors Pvt Ltd                 LT Bk Fac          CARE BBB-      253.6   Reaffirmed
Shambhu Textile Mills Pvt Ltd         LT BkFac           CARE B+        187.5   Revised from
                                                                                CARE BB-
Shankar Soya Concepts                 LT Bk Fac          CARE BB+       55      Revised from
                                                                                CARE BB-
Shardiya Agritech Pvt Ltd             LT Bk Fac          CARE B+        45.7    -
(Issuer not cooperating)
Shree Hari Developers                 LT Bk Fac          -              -       Withdrawn
Shree Narshing Construction           LT Bk Fac          CARE BB-       60      Assigned
Shree Shanti Polysacks Pvt Ltd        Long term Bk Fac   CARE BB+       79      -
(Issuer not cooperating)
Shri Laxmi Narayan Real Ispat Pvt Ltd LT Bk Fac          CARE B+        100     -
(Issuer not cooperating)
Shri Mahavir Ferro Alloys Pvt Ltd     LT Bk Fac          CARE D         5377.4  -
(Issuer not cooperating)
Shrigovind Polytex Pvt Ltd            LT Bk Fac          CARE B+        117.5   -
(Issuer not cooperating)
Shruti Power Projects Pvt Ltd         LT Bk Fac          CARE A-        486.2   Reaffirmed
Shyamjoti Rice Mill Pvt Ltd           LT Bk Fac          CARE B+        156.8   Reaffirmed
Sim Diam Pvt Ltd                      LTBk Fac           CARE BB+       1600    -
(Shifted to Issuer Not Co- operating)
Simora Tiles Llp                      LT Bk Fac          CARE BB-       280     Reaffirmed
Simplex Engineering & Foundry Works PvLT Bk Fac          CARE BB+       250     Revised from
Ltd                                                                             CARE BBB-
Smart Visions                         Long -term Bk Fac  CARE B         83.8    Revised from
                                                                                CARE B+
Som Shiva (Impex) Ltd                 LT Bk Fac          -              -       Withdrawn
Special Lime Stone Pvt Ltd            LT Bk Fac          -              -       Withdrawn
Sree Hari Agro Products Pvt Ltd       LT Fac             CARE B+        120     -
(Issuer not cooperating)
Sree Sannidhi Foods Pvt Ltd           LT Bk Fac          CARE D         63.6    Revised from
                                                                                CARE BB
Sri Srinivasa Charitable Trust        Long -term Bk Fac  CARE BB-       49.7    -
(Issuer not cooperating)
Sri Venkateswara Poultry Complex      LT Bk Fac          CARE B+        142.5   Revised from
                                                                                CARE BB-
Srivenkateshwar Tradex Pvt Ltd        LT BkFac           CARE B+        50      -
(Issuer not cooperating)
Ssg Infratech Pvt Ltd                 LT Bk Fac          CARE D         350     -
(Issuer not cooperating)
Ssg Infratech Pvt Ltd                 LT/ Shortterm Bk   CARE D/D       625     -
                                      Fac
(Issuer not cooperating)
Steel Rolling Mill Of Maharashtra     LT Bk Fac          CARE BB        250     Downgraded
                                                                                from CARE BB
Steel Rolling Mill Of Maharashtra     LT/ ST Bk Fac      CARE BB/A4     12.5    Downgraded
                                                                                from CARE
                                                                                BB+/CARE A4+
Strescon Industries Ltd               LT Bk Fac          CARE BB-       110     Assigned
Sufalam Infra Projects Ltd            LT Bk Fac          CARE B         58      Reaffirmed
Sungrace Syntex Pvt Ltd               LT Bk Fac          CARE B         75.9    Revised from
                                                                                CARE B+
Swathi Traders                        LT Bk Fac          CARE BBB       500     Assigned
Tamilnadu State Transport Corporation LT Bk Fac          CARE B         200     Assigned
(Salem) Ltd
The Handicrafts And Handlooms Export  LT Bk Fac          CARE B+        50      Revised from
Corporation Of India Ltd                                                        CARE BB+
(Issuer not cooperating)
Thrisul Timber Traders                LT Bk Fac          CARE B         70      Assigned
Time Mauser India Pvt Ltd             LT Bk Fac          CARE A         250     Reaffirmed
Topline Lamination Pvt Ltd            LT Bk Fac          CARE BB-       50      -
(Issuer not cooperating)
Truba Education Society               LT Bk Fac          CARE BB-       236.3   Reaffirmed
Tuscan Agrow                          LT Bk Fac          CARE D         133     Revised from
                                                                                CARE BB
Union Roller Flour Mills Pvt Ltd      LT Bk Fac          CARE BB        118.7   Reaffirmed
Universal Auto Gears Llp              LT Bk Fac          CARE D         122     Revised from
                                                                                CARE B
Utopian Sugars Ltd                    LT Bk Fac (TL)     CARE D         1360    -
(Issuer not cooperating)
Velko Infratek Projects Pvt Ltd       LT Bk Fac          CARE BB+       50      -
(Issuer not cooperating)
Velko Infratek Projects Pvt Ltd       LT / ST Bk Fac     CARE BB+/A4+   150     -
(Issuer not cooperating)
Versatile Bonds Pvt Ltd               LT Fac             -              -       Withdrawn
Vijai Shree Pvt Ltd                   LT Bk Fac          CARE BBB-      85.3    Reaffirmed
Vub Engineering Pvt Ltd               LT Bk Fac          CARE BBB-      250     -
(Shifted to Issuer not cooperating)
Yajur Commodities Ltd                 LT BkFac*          CARE A         50      Reaffirmed
* backed by unconditional and irrevocable corporate guarantee provided by Genus Power
Infrastructure Limited (GPIL)
Yajur Commodities Ltd                 LT BkFac@          CARE A         317.9   Reaffirmed
@to be backed by unconditional and irrevocable corporate guarantee to be provided by Genus Power
Infrastructure Limited (GPIL)

--------------------------------------------------------------------------------------------
$: 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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