May 9, 2018 / 6:29 AM / in 9 months

CARE ratings for Indian debt instruments-May 9

   May 9 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE)
for local debt instruments as of May 8, 2018.

COMPANY                               INSTRUMENT         RATING        AMOUNT   MOVEMENT
-------                               ----------         ------        -------  ---------
Deccan Ferro Alloys Pvt Ltd           ST Bk Fac          CARE A4+       300     Assigned
Dewan Housing Finance Corporation Ltd.CP Issue           CARE A1+       150000  Reaffirmed
Ivl Finance Ltd                       CP                 CARE A1+       10000   Reaffirmed
Jm Financial Properties And Holdings Ltd CP (for IPO     CARE A1+       40000   Assigned
Yash Appliances                       ST Bk Fac          CARE A3        195     Revised from
                                                                                CARE A4+
Adithya Global Health Care Pvt Ltd    LT Bk Fac          CARE B+        252     Assigned
Anondita Healthcare Pvt Ltd           LT Bk Fac          CARE B+        90      Assigned
Daksha Infrastructure Pvt Ltd         LT Bk Fac          -              -       Withdrawn
Deccan Ferro Alloys Pvt Ltd           LT Bk Fac          CARE BB+       150     Assigned
Harman Exports Pvt Ltd                LT Bk Fac          CARE B         150     Assigned
Harman Rice Pvt Ltd                   LT/ST Bk Fac       CARE B+/CARE A4300     Assigned
Paradise Healthcare                   LT Bk Fac          CARE B         46      Assigned
Paradise Healthcare                   LT/ Short- term Bk CARE B/CARE A4 16      Assigned
R.V. Infrastructural Pvt Ltd          LT Bk Fac          CARE B+        4       Assigned
R.V. Infrastructural Pvt Ltd          LT/ST Bk Fac       CARE B+/CARE A476      Assigned
Sulochana Exports                     LT Bk Fac          CARE B         50      Assigned
The Tobacco Trading Company           LT Bk Fac          CARE B+        120     Assigned
Uma Medicare Ltd                      LT Bk Fac          CARE BBB-      150     Assigned
Yash Appliances                       LT Bk Fac          CARE BBB-      80      Revised CARE
$: 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wd -Rating Stands Withdrawn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
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