for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

CRISIL ratings for Indian debt instruments-Aug 24

   Aug 24 - Below are the ratings awarded by Credit Rating Information Service of India (CRISIL)
for local debt instruments as of August 21, 2020 and August 22, 2020.


COMPANY                                INSTRUMENT        RATING        AMOUNT MOVEMENT
                                                                      (RS.MLN)
------                                 ----------        ------        -----  ---------
SHORT TERM RATINGS:
-------------------
Bengal Beverages Pvt Ltd               BG#               CRISIL A1     40     Reaffirmed
(#Includes sublimit of Rs 4 crore for Letter of Credit (LC) and Rs 1 crore for foreign exchange
forward)
Bengal Beverages Pvt Ltd               BG                CRISIL A1     30     Reaffirmed
Evershine Wood Packaging Pvt Ltd       LOC               CRISIL A4+    275    Reaffirmed
(Issuer Not Cooperating)
F.I. Educational and Welfare Society   BG                CRISIL A4+    19.3   Reaffirmed
(Issuer Not Cooperating)
Forbes Marshall Arca Pvt Ltd           BG                CRISIL A2+    40     Reaffirmed
Forbes Marshall Arca Pvt Ltd           LOC               CRISIL A2+    40     Reaffirmed
Forbes Marshall Pvt Ltd                BG                CRISIL A1+    1420   Reaffirmed
Forbes Marshall Pvt Ltd                LOC               CRISIL A1+    200    Reaffirmed
Forbesvyncke Pvt Ltd                   BG                CRISIL A2+    110    Reaffirmed
Forbesvyncke Pvt Ltd                   LOC               CRISIL A2+    40     Reaffirmed
Fransko Agro Foods                     BG                CRISIL A4     15     Reaffirmed
(Issuer Not Cooperating)
Future Lifestyle Fashions Ltd          LOC^              CRISIL A2     4750   -
(Downgraded from 'CRISIL A1'; Placed on 'Rating Watch with Negative Implications.
^Interchangeable with Letter of Undertaking and Bank Guarantee)
Global Acqua Pvt Ltd                   BG                CRISIL A1     15     Reaffirmed
Hasti Petro Chemical and Shipping Ltd  BG                CRISIL A3     15     Reaffirmed
Karnataka Chemical Industries          BG                CRISIL A4+    40     Reaffirmed
(Migrated from 'CRISIL A4+ ISSUER NOT COOPERATING')
Karnataka Chemical Industries          Bill Negotiation  CRISIL A4+    15     Reaffirmed
(Migrated from 'CRISIL A4+ ISSUER NOT COOPERATING')
Karnataka Chemical Industries          LOC               CRISIL A4+    75     Reaffirmed
(Migrated from 'CRISIL A4+ ISSUER NOT COOPERATING')
Kripton Granito Pvt Ltd                BG                CRISIL A4+    35     Reaffirmed
Kripton Granito Pvt Ltd                Foreign Exchange  CRISIL A4+    30     Reaffirmed
                                       Forward
Krohne Marshall Pvt Ltd                BG                CRISIL A1     60     Reaffirmed
Krohne Marshall Pvt Ltd                LOC               CRISIL A1     10     Reaffirmed
M.S. Plasto Mould Pvt Ltd              BG                CRISIL A4+    3      Reaffirmed
(Issuer Not Cooperating)
New Ratan Priya                        BG                CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
P D Enterprises - Delhi                BG                CRISIL A4     85     Reaffirmed
(Issuer Not Cooperating)
Pardes Dehydration Company             Inland/Import LOC CRISIL A4     2.5    Reaffirmed
(Issuer Not Cooperating)
Pardes Dehydration Company             Packing Credit    CRISIL A4     130    Reaffirmed
(Issuer Not Cooperating)
S H Marine Exim                        LOC               CRISIL A4+    130    Reaffirmed
(Issuer Not Cooperating)
S.P. Malik And Co Pvt Ltd              BG                CRISIL A4+    125    Reaffirmed
Sahaj Vishwas Urja Pvt Ltd             Proposed BG       CRISIL A4     40     Reaffirmed
(Issuer Not Cooperating)
Santosh Starch Products Ltd            Proposed ST Bk    CRISIL A4+    13.5   Reaffirmed
                                       Loan Fac
Solcen Infra Pvt Ltd                   BG                CRISIL A4+    13.5   Reaffirmed
(Issuer Not Cooperating)
Solcen Infra Pvt Ltd                   Proposed BG       CRISIL A4+    16.5   Reaffirmed
(Issuer Not Cooperating)
Sri Venkateswara Educational Society - Overdraft         CRISIL A4     45     Reaffirmed
Nellore
(Issuer Not Cooperating)
The Mining & Engineering Corporation - BG                CRISIL A4+    230    Reaffirmed
Prop - Vindhya Industries Pvt Ltd
(Issuer Not Cooperating)
Thermo Cables Ltd                      LOC & BG          CRISIL A2     250    Reaffirmed
Thermo Cables Ltd                      Proposed LOC & BG CRISIL A2     100    Reaffirmed
Thermopads Pvt Ltd                     BG                CRISIL A2+    60     Reaffirmed
Thermosystems Pvt Ltd                  BG                CRISIL A3+    720    Reaffirmed
Thermosystems Pvt Ltd                  LOC               CRISIL A3+    330    Reaffirmed
Trimurthi Hitech Company Pvt Ltd       BG                CRISIL A4     27.5   Reaffirmed
(Issuer Not Cooperating)
Vamshi Motors Pvt Ltd                  BG                CRISIL A4+    25     Reaffirmed
(Issuer Not Cooperating)
VMS Industries Ltd                     LOC               CRISIL A4+    955    -
(ISSUER NOT COOPERATING; Migrated from 'CRISIL A3')
 
LONG TERM RATINGS:
-------------------
Adhunik Infrastructures Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Alaknanda Sponge Iron Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Annapurna Finance Pvt Ltd              LT Bk Fac         CRISIL        10879.1Reaffirmed
                                                         A-/Stable
Annapurna Finance Pvt Ltd              Proposed LT Bk    CRISIL        120.9  Reaffirmed
                                       Loan Fac          A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        1000   Assigned
                                                         A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        1000   Reaffirmed
                                                         A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        1000   Reaffirmed
                                                         A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        730    Reaffirmed
                                                         A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        700    Reaffirmed
                                                         A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        400    Reaffirmed
                                                         A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        300    Reaffirmed
                                                         A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        1000   Reaffirmed
                                                         A-/Stable
Annapurna Finance Pvt Ltd              NCDs              CRISIL        1460   Reaffirmed
                                                         A-/Stable
Asian Hotels (North) Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bajrang Steel Sales Corporation        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Banyan Tooling Consultants India LLP   CC                -             12.5   Withdrawn
(Issuer Not Cooperating)
Banyan Tooling Consultants India LLP   Proposed LT Bk    -             35     Withdrawn
                                       Loan Fac
(Issuer Not Cooperating)
Banyan Tooling Consultants India LLP   TL                -             2.5    Withdrawn
(Issuer Not Cooperating)
Bengal Beverages Pvt Ltd               CC*               CRISIL        220    Reaffirmed
                                                         A+/Stable
(*Includes sublimit of Rs 5 crore for non-fund based facility)
Bengal Beverages Pvt Ltd               CC^               CRISIL        210    Reaffirmed
                                                         A+/Stable
(^Includes sublimit of Rs 21 crore for working capital demand loan (WCDL))
Bengal Beverages Pvt Ltd               TL                CRISIL        700    Reaffirmed
                                                         A+/Stable
Benita Industries Ltd                  BG                CRISIL D      10     Withdrawn
(Rating reaffirmed and Withdrawn)
Benita Industries Ltd                  Secured Overdraft CRISIL D      20     Withdrawn
                                       Fac
(Rating reaffirmed and Withdrawn)
Benita Industries Ltd                  TL                CRISIL D      20     Withdrawn
(Rating reaffirmed and Withdrawn)
BMC Ferrocast Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
C H Jewellers Pvt Ltd                  CC                CRISIL        450    Withdrawn
                                                         BBB-/Negative
(Rating reaffirmed and Withdrawn)
C H Jewellers Pvt Ltd                  Proposed LT Bk    CRISIL        20     Withdrawn
                                       Loan Fac          BBB-/Negative
(Rating reaffirmed and Withdrawn)
Chaitanya India Fin Credit Pvt Ltd     Proposed LT Bk    CRISIL        4400   Reaffirmed
                                       Loan Fac          A-/Stable
Chaitanya India Fin Credit Pvt Ltd     TL                CRISIL        600    Reaffirmed
                                                         A-/Stable
Chaitanya India Fin Credit Pvt Ltd     NCDs              CRISIL        650    Assigned
                                                         A-/Stable
Chaitanya India Fin Credit Pvt Ltd     NCDs              CRISIL        1000   Reaffirmed
                                                         A-/Stable
Chandra Engineers                      CC/ Overdraft Fac CRISIL D      44.5   -
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B+/Stable ISSUER NOT COOPERATING)
Chandra Engineers                      Rupee TL          CRISIL D      75.5   -
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B+/Stable ISSUER NOT COOPERATING)
Chartered Speed Ltd                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Crescon Projects And Services Pvt Ltd  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Deepika Infratech Pvt Ltd              BG                CRISIL D      1305   Reaffirmed
(Issuer Not Cooperating)
Deepika Infratech Pvt Ltd              CC                CRISIL D      200    Reaffirmed
(Issuer Not Cooperating)
Dhanalakshmi Srinivasan Sugars Pvt Ltd Proposed CC Limit CRISIL        250    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Dharani Turbo Engineering Spares And   Proposed LT Bk    CRISIL        50     Reaffirmed
Services Pvt Ltd                       Loan Fac          B/Stable
(Issuer Not Cooperating)
DP Chocolates                          CC                CRISIL        435    Reaffirmed
                                                         BBB+/Stable
DP Chocolates                          WC Demand Loan    CRISIL        50     Assigned
                                                         BBB+/Stable
Durga Seeds Farm (Regd.)               CC                CRISIL        60     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
E K Electronics Pvt Ltd                CC                CRISIL        80     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
E K Electronics Pvt Ltd                TL                CRISIL        90     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Elcon                                  CC                CRISIL        120    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Electra Accumulators Ltd               CC                CRISIL D      175    Reaffirmed
(Issuer Not Cooperating)
Electra Global Resources Pvt Ltd       CC                CRISIL D      55     Reaffirmed
(Issuer Not Cooperating)
Electra Global Resources Pvt Ltd       LOC               CRISIL D      35     Reaffirmed
(Issuer Not Cooperating)
Electra Global Resources Pvt Ltd       Proposed LT Bk    CRISIL D      5      Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Evershine Wood Packaging Pvt Ltd       CC                CRISIL        335    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
F.I. Educational and Welfare Society   TL                CRISIL        52.7   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Florice Ceramic LLP                    CC                CRISIL        26     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Florice Ceramic LLP                    TL                CRISIL        72     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Forbes Marshall Arca Pvt Ltd           CC                CRISIL        40     Reaffirmed
                                                         A-/Stable
Forbes Marshall Arca Pvt Ltd           Proposed LT Bk    CRISIL        70     Reaffirmed
                                       Loan Fac          A-/Stable
Forbes Marshall Pvt Ltd                CC                CRISIL        650    Reaffirmed
                                                         A+/Stable
Forbes Marshall Pvt Ltd                Proposed LT Bk    CRISIL        80     Reaffirmed
                                       Loan Fac          A+/Stable
Forbesvyncke Pvt Ltd                   CC                CRISIL        100    Reaffirmed
                                                         A-/Stable
Forbesvyncke Pvt Ltd                   Proposed LT Bk    CRISIL        70     Reaffirmed
                                       Loan Fac          A-/Stable
Forest Press Machineries Pvt Ltd       CC                CRISIL D      20     Reaffirmed
(Issuer Not Cooperating)
Forest Press Machineries Pvt Ltd       Cash TL           CRISIL D      130    Reaffirmed
(Issuer Not Cooperating)
Forest Press Machineries Pvt Ltd       Inland/Import LOC CRISIL D      5.5    Reaffirmed
(Issuer Not Cooperating)
Forest Press Machineries Pvt Ltd       Proposed LT Bk    CRISIL D      14.5   Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Fransko Agro Foods                     CC                CRISIL        102.5  Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Fransko Agro Foods                     LT Loan           CRISIL        29.5   Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Fransko Agro Foods                     Proposed LT Bk    CRISIL        13     Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
Freshcut Organic Products Pvt Ltd      LT Loan           CRISIL        90     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Future Lifestyle Fashions Ltd          CC*               CRISIL BBB+   5500   -
(Downgraded from 'CRISIL A+/Stable'; Placed on 'Rating Watch with Negative Implications' 
*Interchangeable with Working Capital Demand Loan and Commercial Paper)
Future Lifestyle Fashions Ltd          LT Loan           CRISIL BBB+   4750   -
(Downgraded from 'CRISIL A+/Stable'; Placed on 'Rating Watch with Negative Implications')
Future Lifestyle Fashions Ltd          NCDs              CRISIL BBB+   5000   -
(Downgraded from 'CRISIL A+/Stable'; Placed on 'Rating Watch with Negative Implications')
Global Acqua Pvt Ltd                   TL                -             100    Withdrawn
Global Acqua Pvt Ltd                   CC#               CRISIL        50     Reaffirmed
                                                         A/Stable
(#Fully interchangeable with working capital demand loan)
Global Acqua Pvt Ltd                   Proposed LT Bk    CRISIL        207    Reaffirmed
                                       Loan Fac          A/Stable
Global Acqua Pvt Ltd                   TL*               CRISIL        88     Assigned
                                                         A/Stable
(*Includes sublimit of letter of credit and buyer's credit to the extent of Rs 20 crore)
Hasti Petro Chemical and Shipping Ltd  CC                CRISIL        90     Reaffirmed
                                                         BBB-/Stable
Hasti Petro Chemical and Shipping Ltd  Drop Line         CRISIL        25     Reaffirmed
                                       Overdraft Fac     BBB-/Stable
Hasti Petro Chemical and Shipping Ltd  Proposed TL       CRISIL        79.5   Reaffirmed
                                                         BBB-/Stable
Hasti Petro Chemical and Shipping Ltd  TL                CRISIL        490.5  Reaffirmed
                                                         BBB-/Stable
Hodek Vibration Technologies Pvt Ltd.  Rating Advisory   -             -      -
(CRISIL vide its publication dated August 18, 2020 highlighted the aspect of non-co-operation by
Hodek Vibration Technologies Private Limited.)
Home Credit India Finance Pvt Ltd      CSL Europa 2020 - Provisional   -      -
                                       Series A PTCs     CRISIL A
(Provisional Rating Assigned)
Hotel Hans Pvt Ltd                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
ICL Fincorp Ltd                        NCDs              CRISIL        64.1   -
                                                         BB-/Stable
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Innovative Tyres and Tubes Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Jay Ushin Ltd                          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Jewel Classic Hotels Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Jyoti Threads India Ltd                CC                CRISIL        99.8   Reaffirmed
                                                         BB/Stable
Jyoti Threads India Ltd                TL                CRISIL        60.2   Reaffirmed
                                                         BB/Stable
Karnal Motors Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Karnataka Chemical Industries          CC                CRISIL        240    Reaffirmed
                                                         BB+/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING')
Karnataka Chemical Industries          Proposed LT Bk    CRISIL        60     Reaffirmed
                                       Loan Fac          BB+/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING')
Khushbu Enterprise - Mumbai            BG                -             100    Withdrawn
Khushbu Enterprise - Mumbai            CC                -             50     Withdrawn
Khushbu Enterprise - Mumbai            Proposed LT Bk    -             1      Withdrawn
                                       Loan Fac
KMR Estates and Builders Pvt Ltd       Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kripton Granito Pvt Ltd                CC                CRISIL        90     Reaffirmed
                                                         BB-/Stable
Kripton Granito Pvt Ltd                Proposed FB Bk    CRISIL        30     Reaffirmed
                                       Limits            BB-/Stable
Kripton Granito Pvt Ltd                TL                CRISIL        155    Reaffirmed
                                                         BB-/Stable
Krish Agro Farms Pvt Ltd               CC                CRISIL        120    Reaffirmed
                                                         B+/Stable
Krish Agro Farms Pvt Ltd               TL                CRISIL        100    Assigned
                                                         B+/Stable
Krohne Marshall Pvt Ltd                CC                CRISIL        75     Reaffirmed
                                                         A/Stable
Krohne Marshall Pvt Ltd                Proposed LT Bk    CRISIL        10     Reaffirmed
                                       Loan Fac          A/Stable
Kuber Infra Solutions                  Proposed LT Bk    CRISIL        50     Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
Lala Nemi Chand Educational Trust      TL                CRISIL        240    Reaffirmed
                                                         B-/Stable
(Migrated from 'CRISIL B-/Stable ISSUER NOT COOPERATING')
M.S. Plasto Mould Pvt Ltd              CC                CRISIL        74     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
M.S. Plasto Mould Pvt Ltd              Proposed LT Bk    CRISIL        13.5   Reaffirmed
                                       Loan Fac          BB/Stable
(Issuer Not Cooperating)
M.S. Plasto Mould Pvt Ltd              TL                CRISIL        19.5   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Maharaja Agrasen Technical Education   CC/ Overdraft Fac CRISIL        134.5  Reaffirmed
Society                                                  BBB+/Stable
Maharaja Agrasen Technical Education   LT Loan           CRISIL        133.8  Reaffirmed
Society                                                  BBB+/Stable
Maharaja Agrasen Technical Education   Proposed LT Bk    CRISIL        241.7  Reaffirmed
Society                                Loan Fac          BBB+/Stable
Mani Bhusan Dutta Steel Pvt Ltd        CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Mani Bhusan Dutta Steel Pvt Ltd        Proposed CC Limit CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Meka Bujji Parameswara Rao             CC                CRISIL        49     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Meka Bujji Parameswara Rao             Proposed FB Bk    CRISIL        11     Reaffirmed
                                       Limits            B+/Stable
(Issuer Not Cooperating)
Namratha Oil Refineries Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Nancy Krafts                           Export Packing    CRISIL D      35     -
                                       Credit
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B-/Stable)
Nancy Krafts                           LOC & BG          CRISIL D      11     -
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B-/Stable)
Nancy Krafts                           Proposed LT Bk    CRISIL D      24     -
                                       Loan Fac
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B-/Stable)
Nancy Krafts Pvt Ltd                   Bill Discounting  CRISIL D      12.5   -
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B-/Stable')
Nancy Krafts Pvt Ltd                   Export Packing    CRISIL D      172.1  -
                                       Credit
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B-/Stable')
Nancy Krafts Pvt Ltd                   LOC & BG          CRISIL D      55     -
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B-/Stable')
Nancy Krafts Pvt Ltd                   Proposed LT Bk    CRISIL D      60.4   -
                                       Loan Fac
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL B-/Stable')
New Kumar Stores                       CC                CRISIL        5      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
New Ratan Priya                        CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Nishanth Poultry Breeding Farm         Proposed LT Bk    CRISIL        23.5   -
                                       Loan Fac          B/Stable
(Downgraded from 'CRISIL B+/Stable')
Nishanth Poultry Breeding Farm         TL                CRISIL        62     -
                                                         B/Stable
(Downgraded from 'CRISIL B+/Stable')
Om Satya Overseas                      CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Overseas Logistics Pvt Ltd.            Rating Advisory   -             -      -
(CRISIL vide its publication dated August 11, 2020 highlighted the aspect of non-co-operation by
Overseas Logistics Private Limited.)
P D Enterprises - Delhi                CC                CRISIL        8.5    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
P D Enterprises - Delhi                Proposed CC Limit CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
P D Enterprises - Delhi                Proposed TL       CRISIL        66.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Pandit Javdekar Associates             TL                CRISIL        100    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Pardes Dehydration Company             CC                CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Parsewar Agro Pvt Ltd                  CC                CRISIL        70     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Parsewar Agro Pvt Ltd                  Proposed LT Bk    CRISIL        0.5    Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
Parsewar Agro Pvt Ltd                  TL                CRISIL        49.5   Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Parsewar and Company                   CC                CRISIL        120    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
POS Solutions Pvt Ltd                  CC                CRISIL        80     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Precious Infraprojects Pvt Ltd         Lease Rental      CRISIL        100    Reaffirmed
                                       Discounting Loan  BB/Stable
(Issuer Not Cooperating)
Priya Petro Products                   CC                CRISIL        50     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
R. K. Wire Products Ltd                BG                -             170    Withdrawn
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BBB-/Stable'; Rating Withdrawn)
R. K. Wire Products Ltd                CC                -             55     Withdrawn
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BBB-/Stable'; Rating Withdrawn)
R. K. Wire Products Ltd                TL                -             10     Withdrawn
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BBB-/Stable'; Rating Withdrawn)
R. K. Wire Products Ltd                WC Demand Loan    -             10     Withdrawn
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BBB-/Stable'; Rating Withdrawn)
Ratnagiri Impex Pvt Ltd                BG                -             100    Withdrawn
(Issuer Not Cooperating)
Ratnagiri Impex Pvt Ltd                CC                -             165.5  Withdrawn
(Issuer Not Cooperating)
Ratnagiri Impex Pvt Ltd                Inventory Funding -             10     Withdrawn
                                       Fac
(Issuer Not Cooperating)
Ratnagiri Impex Pvt Ltd                LOC               -             300    Withdrawn
(Issuer Not Cooperating)
Ratnagiri Impex Pvt Ltd                Proposed LT Bk    -             236.1  Withdrawn
                                       Loan Fac
(Issuer Not Cooperating)
Ratnagiri Impex Pvt Ltd                TL                -             130    Withdrawn
(Issuer Not Cooperating)
S H Marine Exim                        Packing Credit    CRISIL        50     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
S P Jaiswal Estates Pvt Ltd            CC                CRISIL        55     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
S P Jaiswal Estates Pvt Ltd            Overdraft         CRISIL        25     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
S P Jaiswal Estates Pvt Ltd            TL                CRISIL        142.8  Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
S.D. Auto Engineering Works Pvt Ltd    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
S.P. Malik And Co Pvt Ltd              CC                CRISIL        20     Reaffirmed
                                                         BB/Stable
S.P. Malik And Co Pvt Ltd              Proposed BG       CRISIL        50     Reaffirmed
                                                         BB/Stable
S.P. Malik And Co Pvt Ltd              Proposed LT Bk    CRISIL        5      Reaffirmed
                                       Loan Fac          BB/Stable
Sadhu Ram Jai Parkash                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sahaj Vishwas Urja Pvt Ltd             Proposed CC Limit CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sales India Pvt Ltd                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Santosh Starch Products Ltd            CC                CRISIL        237.5  Reaffirmed
                                                         BB+/Stable
Saraswati Rice and General Mills -     CC                CRISIL        110    Reaffirmed
Taraori                                                  BB-/Stable
(Issuer Not Cooperating)
Saraswati Rice and General Mills -     Proposed LT Bk    CRISIL        25     Reaffirmed
Taraori                                Loan Fac          BB-/Stable
(Issuer Not Cooperating)
Saraswati Rice and General Mills -     TL                CRISIL        15     Reaffirmed
Taraori                                                  BB-/Stable
(Issuer Not Cooperating)
Sebros Industries Pvt Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sentosa Granito Pvt Ltd                BG                -             50     Withdrawn
Sentosa Granito Pvt Ltd                CC                -             130    Withdrawn
Sentosa Granito Pvt Ltd                TL                -             120.2  Withdrawn
Shiv Shakti Khadya Pvt Ltd             CC                CRISIL        100    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shree Niwas Textiles Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sipai Industries                       CC                CRISIL        140    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Solcen Infra Pvt Ltd                   CC                CRISIL        49     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Solcen Infra Pvt Ltd                   Proposed CC Limit CRISIL        20     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Solcen Infra Pvt Ltd                   Proposed FB Bk    CRISIL        86     Reaffirmed
                                       Limits            BB-/Stable
(Issuer Not Cooperating)
Solcen Infra Pvt Ltd                   Proposed Line of  CRISIL        15     Reaffirmed
                                       Credit            BB-/Stable
(Issuer Not Cooperating)
SRC Infra Developers Pvt Ltd           BG                -             2800   Withdrawn
SRC Infra Developers Pvt Ltd           CC                -             800    Withdrawn
SRC Infra Developers Pvt Ltd           Proposed WC Fac   -             650    Withdrawn
Sri Kannan and Company                 CC                -             80     Withdrawn
(Issuer Not Cooperating)
Sri Kannan and Company                 CC - Book Debt    -             40     Withdrawn
(Issuer Not Cooperating)
Sri Sai Creations                      CC                CRISIL        49     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sri Sai Creations                      Proposed LT Bk    CRISIL        31     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Sri Sridevi Raw and Boiled Rice Mill   CC                CRISIL        99     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sri Sridevi Raw and Boiled Rice Mill   Proposed LT Bk    CRISIL        1      Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Sri Venkateswara Educational Society - TL                CRISIL        75     Reaffirmed
Nellore                                                  B+/Stable
(Issuer Not Cooperating)
Srinivasa Cotton And Oil Mills Pvt Ltd CC                CRISIL        270    Reaffirmed
                                                         BB+/Stable
Srinivasa Cotton And Oil Mills Pvt Ltd LT Loan           CRISIL        97.5   Reaffirmed
                                                         BB+/Stable
Srinivasa Cotton And Oil Mills Pvt Ltd Proposed LT Bk    CRISIL        2.5    Reaffirmed
                                       Loan Fac          BB+/Stable
Srinivasa Cotton And Oil Mills Pvt Ltd TL                CRISIL        180    Reaffirmed
                                                         BB+/Stable
Star Global Endura Ltd                 CC                CRISIL        60     -
                                                         BB/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING)
Star Global Endura Ltd                 Non-FBL           CRISIL        60     -
                                                         BB/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING)
Star Global Endura Ltd                 Proposed FB Bk    CRISIL        115.5  -
                                       Limits            BB/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING)
Star Global Endura Ltd                 TL                CRISIL        30     -
                                                         BB/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING)
Swarup Rolling Mills Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
T.R. Agro Industries                   CC                -             105    Withdrawn
(Issuer Not Cooperating)
T.R. Agro Industries                   Mortgage Loan Fac -             40     Withdrawn
(Issuer Not Cooperating)
T.R. Agro Industries                   Proposed WC Fac   -             53     Withdrawn
(Issuer Not Cooperating)
T.R. Agro Industries                   Rupee TL          -             42     Withdrawn
(Issuer Not Cooperating)
The Mining & Engineering Corporation - CC                CRISIL        170    Reaffirmed
Prop - Vindhya Industries Pvt Ltd                        BB/Stable
(Issuer Not Cooperating)
Thema Nutriment And Packaging Pvt Ltd  CC                CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Thema Nutriment And Packaging Pvt Ltd  TL                CRISIL        88     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Thermo Cables Ltd                      CC                CRISIL        350    Reaffirmed
                                                         BBB+/Stable
Thermo Cables Ltd                      WC Fac            CRISIL        700    Reaffirmed
                                                         BBB+/Stable
Thermopads Pvt Ltd                     CC                CRISIL        10     Reaffirmed
                                                         A-/Stable
Thermopads Pvt Ltd                     WC Fac            CRISIL        70     Reaffirmed
                                                         A-/Stable
Thermosystems Pvt Ltd                  CC                CRISIL        110    Reaffirmed
                                                         BBB/Stable
Thermosystems Pvt Ltd                  Proposed LT Bk    CRISIL        1.6    Reaffirmed
                                       Loan Fac          BBB/Stable
Toughglass India Pvt Ltd               CC                CRISIL        49     Withdrawn
                                                         BB/Stable
(Rating Reaffirmed and Withdrawn)
Toughglass India Pvt Ltd               Proposed WC Fac   CRISIL        21     Withdrawn
                                                         BB/Stable
(Rating Reaffirmed and Withdrawn)
Trans ACNR Solutions Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Trident Services Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Trimurthi Hitech Company Pvt Ltd       CC                CRISIL        47.5   Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Trimurthi Hitech Company Pvt Ltd       Proposed CC Limit CRISIL        25     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Vamshi Motors Pvt Ltd                  CC                CRISIL        40     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Vardhman Textiles - Ahmedabad          Proposed CC Limit CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vardhman Textiles - Ahmedabad          Proposed LT Bk    CRISIL        100    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
VMS Industries Ltd                     CC                CRISIL        150    -
                                                         BB+/Stable
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BBB-/Stable')
Yash Agro Industries                   CC                CRISIL        50     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Yash Agro Industries                   TL                CRISIL        35     Reaffirmed
                                                         B-/Stable
(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

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@refinitiv.com)
for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up