August 24, 2017 / 5:24 AM / 3 months ago

CRISIL ratings for Indian debt instruments-Aug 24

    Aug 24 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of August 23, 2017.


COMPANY                                 INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                         (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Aseptic Fruit Products India Pvt Ltd    BG                 CRISIL A4      5       Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Aseptic Fruit Products India Pvt Ltd    LOC                CRISIL A4      25      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Avon Tubetech Pvt Ltd                   BG                 CRISIL D       10      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Balson Polyplast Pvt Ltd                BG                 CRISIL A4+     80      Reaffirmed
C5 Infra Pvt Ltd                        BG                 CRISIL A4      30.5    Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Divine Infrastructure                   BG                 CRISIL A4+     18      Assigned
Empowertrans Pvt Ltd                    BG                 CRISIL A4+     500     Reaffirmed
Everblue Sea Foods Pvt Ltd              Packing Credit     CRISIL A4      40      Reaffirmed
Frischmann Prabhu India Pvt Ltd         BG                 CRISIL A4+     75      Reaffirmed
Hussain Sheth and Sons (Shipbreakers)   LOC                CRISIL A4+     400     Reaffirmed
Pvt Ltd
Ila Home Fashions                       Bills Payable      CRISIL A4      35      Reaffirmed
Ila Home Fashions                       Packing Credit     CRISIL A4      48      Reaffirmed
Issuer Not Cooperating
Ind Tob International Pvt Ltd           Standby Line of    CRISIL A4      50      Downgraded
                                        Credit                                    from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Infrasoft Technologies Ltd              BG                 CRISIL A2+     130     Reaffirmed
Jayaraj International Pvt Ltd           LOC                CRISIL A4      250     Reaffirmed
Katyayini Paper Mills Pvt Ltd           BG                 CRISIL A4+     5       Reaffirmed
Issuer Not Cooperating
Kottackal Agro Foods                    Packing Credit     CRISIL A4+     20      Reaffirmed
Megacity Iron and Steel Pvt Ltd         BG                 CRISIL A4      20      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Megacity Iron and Steel Pvt Ltd         Packing Credit     CRISIL A4      35      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Metalore Overseas Pvt Ltd               Foreign Bill       CRISIL A4      195     Downgraded
                                        Exchange                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Metalore Overseas Pvt Ltd               Inland/Import LOC  CRISIL A4      2.5     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Metalore Overseas Pvt Ltd               Packing Credit     CRISIL A4      15      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Mfar Constructions Pvt Ltd              BG                 CRISIL A4      1110    Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Mfar Constructions Pvt Ltd              LOC                CRISIL A4      150     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Ocean Wealth Exports                    Foreign Bill       CRISIL A4+     60      Reaffirmed
                                        Discounting
Ocean Wealth Exports                    Packing Credit     CRISIL A4+     55      Reaffirmed
Pallavi Enterprises                     BG                 CRISIL A4      40      Reaffirmed
Issuer Not Cooperating
Paramjeet Saini & Co.                   BG                 CRISIL A4      60      Reaffirmed
Issuer Not Cooperating
Powerlinks Transmission Ltd             LOC                CRISIL A1+     40      Reaffirmed
Powerlinks Transmission Ltd             CP                 CRISIL A1+     1080    Withdrawal
Praj Industries Ltd                     LOC & BG*          CRISIL A1+     4000    Reaffirmed
*Interchangeable between bank guarantee and letter of credit
Prathvi Infrastructure Pvt Ltd          BG                 CRISIL A4+     30      Reaffirmed
Premji Valji and Sons                   BG                 CRISIL A3      75      Reaffirmed
R. L. Khanna and Co. (Overseas)         Bill Discounting   CRISIL A4+     70      Upgraded from
                                                                                  CRISIL A4
R. L. Khanna and Co. (Overseas)         Packing Credit     CRISIL A4+     127.5   Upgraded from
                                                                                  CRISIL A4
Ralson (India) Ltd                      Capex LOC          CRISIL A1+     100     Reaffirmed
Ralson (India) Ltd                      LOC                CRISIL A1+     270     Reaffirmed
Ralson (India) Ltd                      CP Programme       CRISIL A1+     100     Reaffirmed
Ranisati Coal Carriers Pvt Ltd          BG                 CRISIL A4      60      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Issuer Not Cooperating
Reliance Utilities and Power Pvt Ltd    LOC & BG           CRISIL A1+     1000    Reaffirmed
Reliance Utilities and Power Pvt Ltd    Proposed LOC & BG  CRISIL A1+     3170    Reaffirmed

S. M. Cylinders (Unit of S. M. Suger    BG                 CRISIL A4+     50      Reaffirmed
Pvt Ltd)
Issuer Not Cooperating
Shree Kripa Agro                        Foreign            CRISIL A4      50      Downgraded
                                        Documentary Bills                         from CRISIL
                                        Purchase                                  A4+
Issuer Not Cooperating
Steel Crackers Pvt Ltd                  LOC                CRISIL A4+     80      Reaffirmed
Tamil Nadu Newsprint and Papers Ltd     CP                 CRISIL A1      500     Reaffirmed
Tamil Nadu Newsprint and Papers Ltd     CP                 CRISIL A1+(SO) 500     Reaffirmed
Technocraft Industries India Ltd        BG                 CRISIL A1+     438.3   Reaffirmed
Technocraft Industries India Ltd        Foreign Exchange   CRISIL A1+     12.5    -
                                        Forward
Technocraft Industries India Ltd        LOC & BG           CRISIL A1+     100     -
Technocraft Industries India Ltd        Overdraft          CRISIL A1+     100     -
Technocraft Industries India Ltd        Packing Credit in  CRISIL A1+     500     -
                                        Foreign Currency
Technocraft Industries India Ltd        Post Shipment      CRISIL A1+     550     -
                                        Credit
Trafo Power and Electricals Pvt Ltd     BG                 CRISIL A4      46      Reaffirmed
Issuer Not Cooperating
Trafo Power and Electricals Pvt Ltd     Inland/Import LOC  CRISIL A4      5       Reaffirmed
Issuer Not Cooperating
Veeranarayana Metal Alloys Pvt Ltd      BG                 CRISIL A4      5       Reaffirmed
Veeranarayana Metal Alloys Pvt Ltd      LOC                CRISIL A4      30      Reaffirmed
Vijaya Ferlloys                         LOC                CRISIL A4      10      Reaffirmed
Vikram Plasticizers (Prop. Vin          BG                 CRISIL A3      7.5     Reaffirmed
Plasticizers Pvt. Ltd.)
Vikram Plasticizers (Prop. Vin          LOC                CRISIL A3      100     Reaffirmed
Plasticizers Pvt. Ltd.)
William Goodacre and Sons India Pvt Ltd Bill Discounting   CRISIL A4+     70      Reaffirmed
William Goodacre and Sons India Pvt Ltd Export Packing     CRISIL A4+     170     Reaffirmed
                                        Credit
Yak Granite Industries Pvt Ltd          BG                 CRISIL A4      2.5     Reaffirmed
Yak Granite Industries Pvt Ltd          LOC                CRISIL A4      2.5     Reaffirmed
Yasham Speciality Ingredients Pvt Ltd   BG                 CRISIL A4+     5       Reaffirmed
Yasham Speciality Ingredients Pvt Ltd   Import LOC Limit   CRISIL A4+     60      Reaffirmed

LONG TERM RATINGS:
-------------------
Alpha Consumables                       CC                 CRISIL B       50      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Aseptic Fruit Products India Pvt Ltd    CC                 CRISIL B       40      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Aseptic Fruit Products India Pvt Ltd    Corporate Loan     CRISIL B       18.7    Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Aseptic Fruit Products India Pvt Ltd    Proposed LT Bk     CRISIL B       4       Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Avon Tubetech Pvt Ltd                   Bill Discounting   CRISIL D       20      Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Avon Tubetech Pvt Ltd                   Buyer`s Credit     CRISIL D       215     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Avon Tubetech Pvt Ltd                   Overdraft          CRISIL D       195     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Avon Tubetech Pvt Ltd                   TL                 CRISIL D       295     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Avon Tubetech Pvt Ltd                   WC Demand Loan     CRISIL D       15      Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Bajaj Silk Fab Pvt Ltd                  CC                 CRISIL BB      67.5    Assigned
Bajaj Silk Fab Pvt Ltd                  Proposed CC Limit  CRISIL BB      27.5    Assigned
Balson Polyplast Pvt Ltd                CC                 CRISIL BB      142.5   Reaffirmed
Balson Polyplast Pvt Ltd                TL                 CRISIL BB      60      Reaffirmed
Bommidala Sreeram Agro Traders Pvt Ltd  CC                 CRISIL B       180     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Bommidala Sreeram Agro Traders Pvt Ltd  LT Loan            CRISIL B       55      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Bommidala Sreeram Agro Traders Pvt Ltd  Proposed LT Bk     CRISIL B       35      Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
C5 Infra Pvt Ltd                        CC/ Overdraft Fac  CRISIL B       100     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Dawer Sons Pvt Ltd                      CC                 CRISIL B       50      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Dawer Sons Pvt Ltd                      Proposed CC Limit  CRISIL B       30      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Deccan Overseas Pvt Ltd                 CC                 CRISIL B       40      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Deccan Overseas Pvt Ltd                 Export Packing     CRISIL B       260     Downgraded
                                        Credit                                    from CRISIL
                                                                                  BB-
Dhanshree Seeds Pvt Ltd                 CC                 CRISIL D       213.9   Reaffirmed
Dhanshree Seeds Pvt Ltd                 TL                 CRISIL D       11.1    Reaffirmed
Dish Infra Services Pvt Ltd             TL#                CRISIL A-      2700    Reaffirmed
#Fully interchangeable with buyer's credit, letter of credit, and letter of undertaking
Divine Infrastructure                   TL                 CRISIL BB      34      Assigned
Divine Infrastructure                   Proposed BG        CRISIL BB      32      Assigned
Divine Infrastructure                   CC                 CRISIL BB      6       Assigned
Elmeasure India Pvt Ltd                 CC                 CRISIL B       45      Downgraded
                                                                                  from CRISIL BB
Elmeasure India Pvt Ltd                 Proposed LT Bk     CRISIL B       51.8    Downgraded
                                        Loan Fac                                  from CRISIL BB
Elmeasure India Pvt Ltd                 TL                 CRISIL B       53.2    Downgraded
                                                                                  from CRISIL BB
Empowertrans Pvt Ltd                    CC                 CRISIL BB      200     Upgraded from
                                                                                  CRISIL BB-
Issuer Not Cooperating
Empowertrans Pvt Ltd                    Proposed CC Limit  CRISIL BB      50      Upgraded from
                                                                                  CRISIL BB-
Issuer Not Cooperating
Empowertrans Pvt Ltd                    Proposed FB Bk     CRISIL BB      650     Upgraded from
                                        Limits                                    CRISIL BB-
Issuer Not Cooperating
Ethnic Spices Pvt Ltd                   CC                 CRISIL B       350     Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Ethnic Spices Pvt Ltd                   Proposed LT Bk     CRISIL B       368.2   Downgraded
                                        Loan Fac                                  from CRISIL BB
Issuer Not Cooperating
Ethnic Spices Pvt Ltd                   Standby LOC        CRISIL B       50      Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Ethnic Tobacco India Ltd                Export Packing     CRISIL B       1100    Downgraded
                                        Credit                                    from CRISIL BB
Issuer Not Cooperating
Ethnic Tobacco India Ltd                Proposed LT Bk     CRISIL B       45      Downgraded
                                        Loan Fac                                  from CRISIL BB
Issuer Not Cooperating
Ethnic Tobacco India Ltd                Rupee TL           CRISIL B       708.3   Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Ethnic Tobacco India Ltd                Standby Line of    CRISIL B       120     Downgraded
                                        Credit                                    from CRISIL BB
Issuer Not Cooperating
Everblue Sea Foods Pvt Ltd              Foreign Bill       CRISIL B       40      Reaffirmed
                                        Discounting
Five Stars Bulkcarriers Pvt Ltd         External           CRISIL BB+     3536.3  #
Five Stars Bulkcarriers Pvt Ltd         LT Loan            CRISIL BB+     128.2   #
Frischmann Prabhu India Pvt Ltd         CC                 CRISIL BB-     35      Reaffirmed
Frischmann Prabhu India Pvt Ltd         Standby Line of    CRISIL BB-     5.3     Reaffirmed
                                        Credit
Gopala Kraft Pack Pvt Ltd               CC                 CRISIL BB-     52.5    Upgraded from
                                                                                  CRISIL B+
Gopala Kraft Pack Pvt Ltd               LT Loan            CRISIL BB-     47.5    Upgraded from
                                                                                  CRISIL B+
Harshna Naturals                        CC                 CRISIL B-      100     Reaffirmed
Harshna Naturals                        TL                 CRISIL B-      50      Reaffirmed
Hussain Sheth and Sons (Shipbreakers)   CC                 CRISIL BB-     50      Reaffirmed
Pvt Ltd
Hussain Sheth and Sons (Shipbreakers)   Proposed LT Bk     CRISIL BB-     30      Reaffirmed
Pvt Ltd                                 Loan Fac
Ila Home Fashions                       Proposed FB Bk     CRISIL B       37      Downgraded
                                        Limits                                    from CRISIL B+
Issuer Not Cooperating
Image Labels Pvt Ltd                    CC                 CRISIL BB-     40      Reaffirmed
Image Labels Pvt Ltd                    Corporate Loan     CRISIL BB-     10      Reaffirmed
Image Labels Pvt Ltd                    LT Loan            CRISIL BB-     15.5    Reaffirmed
Image Labels Pvt Ltd                    Proposed LT Bk     CRISIL BB-     37      Reaffirmed
                                        Loan Fac
Ind Tob International Pvt Ltd           CC                 CRISIL B       380     Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Ind Tob International Pvt Ltd           Proposed LT Bk     CRISIL B       50      Downgraded
                                        Loan Fac                                  from CRISIL BB
Issuer Not Cooperating
Ind Tob International Pvt Ltd           TL                 CRISIL B       260.2   Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Infrasoft Technologies Ltd              CC                 CRISIL A-      70      Reaffirmed
Inland Power Ltd                        CC                 CRISIL BBB-    500     Reaffirmed
Inland Power Ltd                        Proposed LT Bk     CRISIL BBB-    520     Reaffirmed
                                        Loan Fac
Inland Power Ltd                        TL                 CRISIL BBB-    1620    Reaffirmed
Jagat Radha Motors Pvt Ltd              Electronic Dealer  CRISIL B       62.5    Downgraded
                                        Financing                                 from CRISIL B+
                                        Scheme(e-DFS)
Jashank Impex Pvt Ltd                   CC                 CRISIL B+      100     Reaffirmed
Jayaraj International Pvt Ltd           CC/ Overdraft Fac  CRISIL B+      50      Reaffirmed
K .S. Impex Ltd                         Foreign Bill       CRISIL B       320     Downgraded
                                        Discounting                               from CRISIL
                                                                                  BB-
K .S. Impex Ltd                         Proposed LT Bk     CRISIL B       60      Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Katyayini Paper Mills Pvt Ltd           CC                 CRISIL BB      225     Reaffirmed
Issuer Not Cooperating
Katyayini Paper Mills Pvt Ltd           TL                 CRISIL BB      270     Reaffirmed
Issuer Not Cooperating
Kian chemicals Ltd                      CC                 CRISIL B       7.5     Downgraded
                                                                                  from CRISIL B+
Kian chemicals Ltd                      LT Loan            CRISIL B       140     Downgraded
                                                                                  from CRISIL B+
Kottackal Agro Foods                    CC                 CRISIL BB-     30      Reaffirmed
Kottackal Agro Foods                    Proposed LT Bk     CRISIL BB-     26.5    Reaffirmed
                                        Loan Fac
Kottackal Agro Foods                    TL                 CRISIL BB-     3.5     Reaffirmed
Kudgi Transmission Ltd                  NCD                CRISIL AAA(SO) 15000   -
Lavu Educational Society                Drop Line          CRISIL BBB-    250     Reaffirmed
                                        Overdraft Fac
Lavu Educational Society                LT Loan            CRISIL BBB-    776.8   Reaffirmed
Lavu Educational Society                Proposed LT Bk     CRISIL BBB-    23.2    Reaffirmed
                                        Loan Fac
Lavu Educational Society                Secured Overdraft  CRISIL BBB-    250     Reaffirmed
                                        Fac
Laxminarayan Spinners (I) Pvt Ltd       CC                 CRISIL B       70      Assigned
Laxminarayan Spinners (I) Pvt Ltd       TL                 CRISIL B       330     Assigned
Megacity Iron and Steel Pvt Ltd         Bill Discounting   CRISIL B       10      Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Megacity Iron and Steel Pvt Ltd         CC                 CRISIL B       22      Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Megacity Iron and Steel Pvt Ltd         Proposed LT Bk     CRISIL B       28      Downgraded
                                        Loan Fac                                  from CRISIL BB
Issuer Not Cooperating
Megacity Iron and Steel Pvt Ltd         TL                 CRISIL B       10      Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Metalore Overseas Pvt Ltd               CC                 CRISIL B       65      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Metalore Overseas Pvt Ltd               Proposed LT Bk     CRISIL B       222.5   Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Mfar Constructions Pvt Ltd              CC                 CRISIL B       764.5   Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Mfar Constructions Pvt Ltd              Proposed LT Bk     CRISIL B       375.5   Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB+
Murli Drapes LLP                        CC*                CRISIL B       40      Downgraded
                                                                                  from CRISIL BB
* sub-limit of letter of credit(foreign)/buyers credit
Murli Drapes LLP                        TL                 CRISIL B       32.5    Downgraded
                                                                                  from CRISIL BB
Nirmal NCCC Construction Pvt Ltd        CC                 CRISIL BB-     100     Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Nova Agri Tech Pvt Ltd                  CC                 CRISIL BB-     130     Upgraded from
                                                                                  CRISIL B+
Nova Agri Tech Pvt Ltd                  LT Loan            CRISIL BB-     15      Upgraded from
                                                                                  CRISIL B+
Nova Agri Tech Pvt Ltd                  Proposed LT Bk     CRISIL BB-     5       Upgraded from
                                        Loan Fac                                  CRISIL B+
Nova Agri Tech Pvt Ltd                  Proposed CC Limit  CRISIL BB-     110     Upgraded from
                                                                                  CRISIL B+
Ocean Wealth Exports                    CC                 CRISIL BB-     15      Reassigned
Pallavi Enterprises                     CC                 CRISIL B       20      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Pallavi Enterprises                     LT Loan            CRISIL B       100     Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Pallavi Enterprises                     Warehouse Receipts CRISIL B       80      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Paramjeet Saini & Co.                   CC                 CRISIL B       7.5     Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Parasmani Gems Pvt Ltd                  CC                 CRISIL B+      80      Reaffirmed
Powerlinks Transmission Ltd             Overdraft          CRISIL AAA     40      Upgraded from
                                                                                  CRISIL AA+
Powerlinks Transmission Ltd             NCD                CRISIL AAA     1080    Upgraded from
                                                                                  CRISIL AA+
Pragati Education Foundation            LT Loan            CRISIL B       80      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Pragati Education Foundation            Proposed TL        CRISIL B       70      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Praj Industries Ltd                     CC                 CRISIL AA      150     Reaffirmed
Prathvi Infrastructure Pvt Ltd          Secured Overdraft  CRISIL BB-     50      Reaffirmed
                                        Fac
Premji Valji and Sons                   CC                 CRISIL BBB-    225     Reaffirmed
Premji Valji and Sons (Jewellers) Pvt   CC                 CRISIL BBB-    150     Reaffirmed
Ltd
R. L. Khanna and Co. (Overseas)         TL                 CRISIL BB-     100     Reaffirmed
R.E.C. Ispat Pvt Ltd                    CC                 CRISIL B       180     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Ralson (India) Ltd                      CC                 CRISIL A+      405     Reaffirmed
Ralson (India) Ltd                      Proposed LT Bk     CRISIL A+      200     Reaffirmed
                                        Loan Fac
Ranisati Coal Carriers Pvt Ltd          CC                 CRISIL B       80      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Reliance Utilities and Power Pvt Ltd    Corporate Credit   CCR AAA        -       Reaffirmed
                                        Rating
Reliance Utilities and Power Pvt Ltd    External           CRISIL AAA     19000   Reaffirmed
                                        Commercial
                                        Borrowings
Reliance Utilities and Power Pvt Ltd    Rupee TL           CRISIL AAA     22500   Reaffirmed
Reliance Utilities and Power Pvt Ltd    NCD                CRISIL AAA     22500   Assigned
Reliance Utilities and Power Pvt Ltd    NCD                CRISIL AAA     20000   Reaffirmed
Reliance Utilities and Power Pvt Ltd    NCD                CRISIL AAA     20000   Reaffirmed
RKMM Metal Chennai Pvt Ltd              CC                 CRISIL B+      20      Reaffirmed
RKMM Metal Chennai Pvt Ltd              LT Loan            CRISIL B+      35      Reaffirmed
RKMM Metal Chennai Pvt Ltd              Proposed LT Bk     CRISIL B+      2.5     Reaffirmed
                                        Loan Fac
S. M. Cylinders (Unit of S. M. Suger    CC                 CRISIL BB-     160     Reaffirmed
Pvt Ltd)
Issuer Not Cooperating
S. M. Cylinders (Unit of S. M. Suger    Standby Line of    CRISIL BB-     30      Reaffirmed
Pvt Ltd)                                Credit
Issuer Not Cooperating
S.K. Shoe Fashion                       TL                 CRISIL B       0.1     Assigned
S.K. Shoe Fashion                       Proposed WC Fac    CRISIL B       28.4    Assigned
S.K. Shoe Fashion                       CC                 CRISIL B       1.5     Assigned
S.K. Shoe Fashion                       Proposed LT Bk     CRISIL B       20      Assigned
                                        Loan Fac
Sai Shipping Company Pvt Ltd            Overdraft          CRISIL B+      15      Downgraded
                                                                                  from CRISIL BB
Sai Shipping Company Pvt Ltd            Proposed LT Bk     CRISIL B+      112     Downgraded
                                        Loan Fac                                  from CRISIL BB
Sai Shipping Company Pvt Ltd            TL                 CRISIL B+      163     Downgraded
                                                                                  from CRISIL BB
Samaleswari Education Trust             Proposed LT Bk     CRISIL B-      98      Reaffirmed
                                        Loan Fac
Samaleswari Education Trust             Rupee TL           CRISIL B-      80      Reaffirmed
Sango Auto Forge Pvt Ltd                CC                 CRISIL B       30      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Sango Auto Forge Pvt Ltd                TL                 CRISIL B       25.6    Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Sharayu Agro Industries Ltd             Proposed CC Limit  CRISIL BB-     200     Assigned
Sharayu Agro Industries Ltd             TL                 CRISIL BB-     2000    Assigned
Shivalik I.B. Automark Pvt Ltd          Electronic Dealer  CRISIL B       60      Downgraded
                                        Financing                                 from CRISIL B+
                                        Scheme(e-DFS)
Issuer Not Cooperating
Shivalik I.B. Automark Pvt Ltd          Inventory Funding  CRISIL B       40      Downgraded
                                        Fac                                       from CRISIL B+
Issuer Not Cooperating
Shree Datta Fertilizers and Chemical    CC                 CRISIL B       95      Downgraded
Pvt Ltd                                                                           from CRISIL B+
Issuer Not Cooperating
Shree Datta Fertilizers and Chemical    Proposed CC Limit  CRISIL B       10      Downgraded
Pvt Ltd                                                                           from CRISIL B+
Issuer Not Cooperating
Shree Hanuman Mosaic And Marble         CC                 CRISIL B       50      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Shree Hanuman Mosaic And Marble         Proposed LT Bk     CRISIL B       1.6     Downgraded
                                        Loan Fac                                  from CRISIL B+
Issuer Not Cooperating
Shree Hanuman Mosaic And Marble         TL                 CRISIL B       8.4     Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Shree Kripa Agro                        CC                 CRISIL B       50      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Shree Manibhadra Food Product Pvt Ltd   CC                 CRISIL D       530     Reaffirmed
Shree Manibhadra Food Product Pvt Ltd   LOC                CRISIL D       50      Reaffirmed
Shree Manibhadra Food Product Pvt Ltd   TL                 CRISIL D       25      Reaffirmed
Shree Sai Marketing and Trading Co.     CC                 CRISIL B       150     Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Shree Saikrishna Cotton Industries      CC                 CRISIL B       40      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Shree Saikrishna Cotton Industries      Proposed LT Bk     CRISIL B       15.2    Downgraded
                                        Loan Fac                                  from CRISIL B+
Issuer Not Cooperating
Shree Saikrishna Cotton Industries      TL                 CRISIL B       24.8    Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
SNG Packaging Pvt Ltd                   CC                 CRISIL B       1       Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
SNG Packaging Pvt Ltd                   Proposed LT Bk     CRISIL B       39      Downgraded
                                        Loan Fac                                  from CRISIL BB
Issuer Not Cooperating
SNG Packaging Pvt Ltd                   TL                 CRISIL B       80      Downgraded
                                                                                  from CRISIL BB
Issuer Not Cooperating
Sri Krishna Metcom Ltd                  CC                 CRISIL BB      100     Reaffirmed
Sri Krishna Metcom Ltd                  TL                 CRISIL BB      58.8    Reaffirmed
Sri Krishna Metcom Ltd                  Warehouse Receipts CRISIL BB      37.6    Reaffirmed
Sri Siva Stone Exports India Pvt Ltd    CC                 CRISIL B-      200     Reaffirmed
Steel Crackers Pvt Ltd                  CC                 CRISIL BB      60      Reaffirmed
Subra Enterprises                       CC                 CRISIL B       80      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Subramaniam Bottles LLP                 CC                 CRISIL B       200     Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Technocraft Industries India Ltd        Post Shipment      CRISIL A+      450     -
                                        Credit$$
$$ Fully Interchangeable with Working Capital Demand Loan, Pre shipment/Post Shipment finance,
Letter of credit, Cash Credit.
Technocraft Industries India Ltd        Proposed LT Bk     CRISIL A+      309.2   -
                                        Loan Fac
Technocraft Industries India Ltd        TL                 CRISIL A+      1760    -
Technocraft Industries India Ltd        WC Fac             CRISIL A+      2530    -
Technocraft Industries India Ltd        WC Fac%%           CRISIL A+      500     -
%% Fully Interchangeable with Pre shipment/Post Shipment finance, Letter of credit, Bank
Guarantee (Financial/Performance).
Technocraft Industries India Ltd        WC Fac**           CRISIL A+      410     -
** Fully Interchangeable with Working Capital Demand Loan, Pre shipment/Post Shipment finance,
Letter of credit, Buyers Credit, Overdraft and Cash Credit
Technocraft Industries India Ltd        WC Fac***          CRISIL A+      500     -
*** Fully Interchangeable with Pre shipment/Post Shipment finance, Letter of credit, Bank
Guarantee (Financial/Performance), Cash Credit.
Technocraft Industries India Ltd        WC Fac@            CRISIL A+      400     -
@ Fully Interchangeable with Pre shipment/Post Shipment finance, Letter of credit, Bank
Guarantee (Financial/Performance), Cash Credit.
Technocraft Industries India Ltd        WC Fac##           CRISIL A+      500     -
## Fully Interchangeable with Working Capital Demand Loan, Pre shipment/Post Shipment finance,
Letter of credit, Buyers Credit, Cash Credit
Trafo Power and Electricals Pvt Ltd     CC                 CRISIL B       65      Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Trafo Power and Electricals Pvt Ltd     TL                 CRISIL B       4       Downgraded
                                                                                  from CRISIL B+
Issuer Not Cooperating
Veeranarayana Metal Alloys Pvt Ltd      CC                 CRISIL B+      52      Reaffirmed
Venketeswar Educational Trust           CC                 CRISIL B       10      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Venketeswar Educational Trust           LT Loan            CRISIL B       41.1    Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Venketeswar Educational Trust           Proposed LT Bk     CRISIL B       13.8    Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Issuer Not Cooperating
Vijaya Ferlloys                         CC                 CRISIL B       55      Reaffirmed
Vijaya Ferlloys                         Proposed LT Bk     CRISIL B       1       Reaffirmed
                                        Loan Fac
Vijaya Ferlloys                         Standby FB Limits  CRISIL B       9       Reaffirmed
Vikram Plasticizers (Prop. Vin          CC                 CRISIL BBB-    125     Reaffirmed
Plasticizers Pvt. Ltd.)
Vikram Plasticizers (Prop. Vin          TL                 CRISIL BBB-    15      Reaffirmed
Plasticizers Pvt. Ltd.)
Yak Granite Industries Pvt Ltd          CC                 CRISIL C       60      Downgraded
                                                                                  from CRISIL B-
Yak Granite Industries Pvt Ltd          Proposed LT Bk     CRISIL C       15      Downgraded
                                        Loan Fac                                  from CRISIL B-
Yasham Speciality Ingredients Pvt Ltd   CC                 CRISIL BB+     45      Reaffirmed
--------------------------------------------------------------------------------------------
$: 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

CRISIL 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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