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CRISIL ratings for Indian debt instruments-Aug 25

   Aug 25 - Below are the ratings awarded by Credit Rating Information Service of India (CRISIL)
for local debt instruments as of August 24, 2020.


COMPANY                                INSTRUMENT        RATING        AMOUNT MOVEMENT
                                                                      (RS.MLN)
------                                 ----------        ------        -----  ---------
SHORT TERM RATINGS:
-------------------
A.V.M.Sales Corporation                BG                CRISIL A4+    20     Reaffirmed
(Issuer Not Cooperating)
A.V.M.Sales Corporation                Import LOC Limit  CRISIL A4+    70     Reaffirmed
(Issuer Not Cooperating)
Agarwal Rocks LLP                      Packing Credit in CRISIL A4     7.5    Reaffirmed
                                       Foreign Currency
(Issuer Not Cooperating)
Ahuja Builders                         BG                CRISIL A4+    100    Reaffirmed
(Issuer Not Cooperating)
Akash Construction                     BG                CRISIL A4+    22.5   Reaffirmed
(Issuer Not Cooperating)
Akash Construction                     Proposed BG       CRISIL A4+    52.5   Reaffirmed
(Issuer Not Cooperating)
Asansol Alloys Pvt Ltd                 LOC               CRISIL A4+    30     Reaffirmed
(Issuer Not Cooperating)
Balaji Agro Products - Chandrapur      Proposed ST Bk    CRISIL A4     40     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Best Stamping Pvt Ltd                  Packing Credit    CRISIL A4+    20     Reaffirmed
(Issuer Not Cooperating)
Bhargab Engineering Works              Packing Credit    CRISIL A4     60     Reaffirmed
Commander Ceramic Industries           BG                CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
Cubatic Infra And Power Pvt Ltd        BG                CRISIL A4     20     Reaffirmed
(Issuer Not Cooperating)
Cubatic Infra And Power Pvt Ltd        Overdraft         CRISIL A4     25     Reaffirmed
(Issuer Not Cooperating)
Digi Drives Pvt Ltd                    BG                CRISIL A4+    23     Reaffirmed
(Issuer Not Cooperating)
Digi Drives Pvt Ltd                    LOC               CRISIL A4+    25     Reaffirmed
(Issuer Not Cooperating)
GKR Infracon (India) Pvt Ltd           BG                CRISIL A4+    300    Reaffirmed
(Issuer Not Cooperating)
GKR Infracon (India) Pvt Ltd           Proposed BG       CRISIL A4+    350    Reaffirmed
(Issuer Not Cooperating)
Granada Services Pvt Ltd               BG                CRISIL A4+    30     Reaffirmed
GTFC Ltd                               LOC               CRISIL A4+    50     Reaffirmed
(Issuer Not Cooperating)
Haresh Chemicals                       LOC               CRISIL A4     145    Reaffirmed
(Issuer Not Cooperating)
Haseeb Pharmaceuticals Pvt Ltd         BG                CRISIL A4+    10     Reaffirmed
(Issuer Not Cooperating)
Haseeb Pharmaceuticals Pvt Ltd         Foreign LOC       CRISIL A4+    15     Reaffirmed
(Issuer Not Cooperating)
HLBS Tech Pvt Ltd                      BG                CRISIL A4+    50     Assigned
Imperial Fragrances And Flavours Pvt Ltd BG              CRISIL A4+    1.2    Reaffirmed
(Issuer Not Cooperating)
Indus Pharma Pvt Ltd                   Import LOC Limit  CRISIL A4     35     Reaffirmed
(Issuer Not Cooperating)
Janaa Industries                       BG                CRISIL A4     2      Reaffirmed
(Issuer Not Cooperating)
KRR Drugs And Chemicals Pvt Ltd        Inland/Import LOC CRISIL A4+    20     Reaffirmed
(Issuer Not Cooperating)
Madhav Alloys Ltd                      LOC               CRISIL A2+    950    Reaffirmed
Ocean Lifespaces India Pvt Ltd         BG                CRISIL A2+    250    Reaffirmed
Ocean Lifespaces India Pvt Ltd         Bill Discounting  CRISIL A2+    800    Reaffirmed
S. Sony and Co. Pvt Ltd                BG                CRISIL A4+    150    Reaffirmed
(Issuer Not Cooperating)
Selva Stone Export Ltd                 LOC               CRISIL A4+    23     -
Selva Stone Export Ltd                 Packing Credit in CRISIL A4+    80     -
                                       Foreign Currency
Shivam Apparels                        LOC               CRISIL A4     5      Reaffirmed
(Issuer Not Cooperating)
Shivam Apparels                        Packing Credit    CRISIL A4     45     Reaffirmed
(Issuer Not Cooperating)
Shri Sai Construction Company -        BG                CRISIL A4+    100    Reaffirmed
Chandrapur
(Issuer Not Cooperating)
Shubham Civil Projects Pvt Ltd         BG                CRISIL A3     395    Reaffirmed
Siby Mining and Infrastructure Pvt Ltd BG                CRISIL A4+    40.8   Reaffirmed
(Issuer Not Cooperating)
Summit Online Trade Solutions Pvt Ltd  BG                CRISIL A4+    350    Reaffirmed
(Issuer Not Cooperating)
Supermac Industries India Ltd          Inland/Import LOC CRISIL A3     30     -
(Migrated from 'CRISIL A4+ ISSUER NOT COOPERATING)
System Control and Automation Pvt Ltd  Non-FBL           CRISIL A4     20     Reaffirmed
(Issuer Not Cooperating)
Unipel Corporation                     LOC               CRISIL A4     13     Reaffirmed
Unipel Corporation                     Post Shipment     CRISIL A4     7.5    Reaffirmed
                                       Credit
Unitop Aquacare Ltd                    BG                CRISIL A4+    55     -
(Downgraded from 'CRISIL A3')
 
LONG TERM RATINGS:
-------------------
A.V.M.Sales Corporation                CC                CRISIL        80     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
A.V.M.Sales Corporation                Proposed FB Bk    CRISIL        49.5   Reaffirmed
                                       Limits            BB-/Stable
(Issuer Not Cooperating)
A.V.M.Sales Corporation                Proposed Overdraft CRISIL       30.5   Reaffirmed
                                       Fac               BB-/Stable
(Issuer Not Cooperating)
Active Sports                          CC                CRISIL        70     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Agarwal Rocks LLP                      CC                CRISIL        4      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Agarwal Rocks LLP                      Proposed LT Bk    CRISIL        10.5   Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Agarwal Rocks LLP                      TL                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Ahuja Builders                         Overdraft         CRISIL        75     Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Akash Construction                     CC                CRISIL        10     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Akash Cotex                            CC                CRISIL        110    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Akash Cotex                            Proposed TL       CRISIL        30     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Ambika Electronics                     Secured Overdraft CRISIL        220    Reaffirmed
                                       Fac               BB-/Stable
(Issuer Not Cooperating)
Annapurna Seeds and Farms              CC                -             65     Withdrawn
(Issuer Not Cooperating)
Arpit Projects Ltd                     LT Loan           CRISIL        1490   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Asansol Alloys Pvt Ltd                 CC                CRISIL        48.5   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Asansol Alloys Pvt Ltd                 Proposed FB Bk    CRISIL        1.5    Reaffirmed
                                       Limits            BB/Stable
(Issuer Not Cooperating)
Balaji Agro Products - Chandrapur      CC                CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Best Stamping Pvt Ltd                  CC                CRISIL        50     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Best Stamping Pvt Ltd                  Proposed TL       CRISIL        50     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Bhargab Engineering Works              CC                CRISIL        100    Reaffirmed
                                                         B+/Stable
Bhargab Engineering Works              Foreign Bill      CRISIL        20     Reaffirmed
                                       Discounting       B+/Stable
Bhargab Engineering Works              Proposed FB Bk    CRISIL        18.4   Reaffirmed
                                       Limits            B+/Stable
Bhargab Engineering Works              TL                CRISIL        1.6    Reaffirmed
                                                         B+/Stable
Bright Fame International              CC                CRISIL        80     Assigned
                                                         BB-/Stable
CE Serviced Offices Pvt Ltd            Proposed LT Bk    CRISIL        44.5   Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
CE Serviced Offices Pvt Ltd            Rupee TL          CRISIL        35.5   Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Clear Polyplast India Pvt Ltd          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Commander Ceramic Industries           CC                CRISIL        30     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Commander Ceramic Industries           TL                CRISIL        50     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Crafted Solutions                      CC                CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Crafted Solutions                      Proposed LT Bk    CRISIL        4.8    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Crafted Solutions                      TL                CRISIL        205.2  Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Cubatic Infra And Power Pvt Ltd        Proposed BG       CRISIL        80     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Cubatic Infra And Power Pvt Ltd        Proposed LT Bk    CRISIL        125    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Daily Fresh Fruits India Pvt Ltd       CC                CRISIL        10     -
                                                         BBB-/Stable
(Upgraded from 'CRISIL BB+/Stable')
Daily Fresh Fruits India Pvt Ltd       LT Loan           CRISIL        37.9   -
                                                         BBB-/Stable
(Upgraded from 'CRISIL BB+/Stable')
Daily Fresh Fruits India Pvt Ltd       Standby FB Limits CRISIL        3.9    -
                                                         BBB-/Stable
(Upgraded from 'CRISIL BB+/Stable')
Daily Fresh Fruits India Pvt Ltd       TL                CRISIL        348.2  -
                                                         BBB-/Stable
(Upgraded from 'CRISIL BB+/Stable')
Digi Drives Pvt Ltd                    CC                CRISIL        145    Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Digi Drives Pvt Ltd                    Proposed LT Bk    CRISIL        29.5   Reaffirmed
                                       Loan Fac          BB/Stable
(Issuer Not Cooperating)
Digi Drives Pvt Ltd                    TL                CRISIL        27.5   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
DolbiS Granite Exports Pvt Ltd         CC                CRISIL D      40     Reaffirmed
(Issuer Not Cooperating)
DolbiS Granite Exports Pvt Ltd         LT Loan           CRISIL D      50     Reaffirmed
(Issuer Not Cooperating)
Dolphin Wires Pvt Ltd                  Export Packing    CRISIL        88     Reaffirmed
                                       Credit            BB/Stable
(Issuer Not Cooperating)
Dolphin Wires Pvt Ltd                  LT Loan           CRISIL        22     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Eastern Foods Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Estocorp India Pvt Ltd                 Export Packing    CRISIL        60     Reaffirmed
                                       Credit            BB-/Stable
(Issuer Not Cooperating)
Estocorp India Pvt Ltd                 Proposed LT Bk    CRISIL        25     Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
Everest Starch India Pvt Ltd           TL                -             80     Withdrawn
Everest Starch India Pvt Ltd           CC                CRISIL        320    Reaffirmed
                                                         BBB/Stable
Fastway Transmissions Pvt Ltd          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
GKR Infracon (India) Pvt Ltd           Overdraft         CRISIL        60     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
GKR Infracon (India) Pvt Ltd           Proposed Overdraft CRISIL       290    Reaffirmed
                                       Fac               BB/Stable
(Issuer Not Cooperating)
Goodwill Developers                    Loan Against      CRISIL        161    -
                                       Property          BB/Stable
(Downgraded from 'CRISIL BBB-/Stable')
Goodwill Developers                    Overdraft         CRISIL        46.5   -
                                                         BB/Stable
(Downgraded from 'CRISIL BBB-/Stable')
Goodwill Developers                    Proposed LT Bk    CRISIL        10     -
                                       Loan Fac          BB/Stable
(Downgraded from 'CRISIL BBB-/Stable')
Goodwill Developers                    TL                CRISIL        203.5  -
                                                         BB/Stable
(Downgraded from 'CRISIL BBB-/Stable')
Granada Services Pvt Ltd               Foreign Bill      CRISIL        25     Reaffirmed
                                       Discounting       BB+/Stable
(Outlook revised from 'Negative' and rating reaffirmed)
Granada Services Pvt Ltd               Proposed FB Bk    CRISIL        40     Reaffirmed
                                       Limits            BB+/Stable
(Outlook revised from 'Negative' and rating reaffirmed)
GTFC Ltd                               CC                CRISIL        14     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
GTFC Ltd                               Proposed CC Limit CRISIL        3.3    Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Guala Closures (India) Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Hardev Construction Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Haresh Chemicals                       CC                CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Haryana Rice Mill - Saharanpur         CC                CRISIL B/Stable 40   Reaffirmed
(Issuer Not Cooperating)
Haryana Rice Mill - Saharanpur         Rupee TL          CRISIL B/Stable 40   Reaffirmed
(Issuer Not Cooperating)
Haseeb Pharmaceuticals Pvt Ltd         CC                CRISIL        75     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Haseeb Pharmaceuticals Pvt Ltd         LT Loan           CRISIL        44     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Haseeb Pharmaceuticals Pvt Ltd         Proposed LT Bk    CRISIL        16     Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
Highway Infrastructure Ltd             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
HLBS Tech Pvt Ltd                      CC                CRISIL        60     Assigned
                                                         BB/Stable
Home Grown Nursery And Farms           CC                CRISIL        50     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Imperial Fragrances And Flavours Pvt Ltd FCNR (B) LT Loan  CRISIL      12.5   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Imperial Fragrances And Flavours Pvt Ltd Proposed FB Bk  CRISIL        86.3   Reaffirmed
                                       Limits            BB/Stable
(Issuer Not Cooperating)
Indore Education and Services Society, Rating Advisory   -             -      -
Indore
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Indore Public School Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Indus Pharma Pvt Ltd                   CC                CRISIL        7.5    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Indus Pharma Pvt Ltd                   Proposed LT Bk    CRISIL        5.5    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Indus Pharma Pvt Ltd                   TL                CRISIL        77     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Induss Food Products and Equipments Ltd Rating Advisory  -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
J. Kirit and Brothers                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Janaa Industries                       CC                CRISIL        36     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Janaa Industries                       Key CC            CRISIL        19     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Jasbir Singh And Sons Hotels Pvt Ltd   Proposed LT Bk    CRISIL        34.4   Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
Jasbir Singh And Sons Hotels Pvt Ltd   TL                CRISIL        85.6   Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Jeanne Christian Educational Society   LT Loan           CRISIL        50     Reaffirmed
(Reg.)                                                   BB/Stable
(Issuer Not Cooperating)
Jeanne Christian Educational Society   Proposed LT Bk    CRISIL        100    Reaffirmed
(Reg.)                                 Loan Fac          BB/Stable
(Issuer Not Cooperating)
Jupiter Food Products India Pvt Ltd    CC                CRISIL        70     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Jupiter Food Products India Pvt Ltd    TL                CRISIL        17.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Kamdhenu Udyog Pvt Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kapil Solvex Pvt Ltd                   CC                CRISIL        300    Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Kapil Solvex Pvt Ltd                   CC-Stock          CRISIL        100    Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Krishna Sai Exports                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Krishnasai Granites (India) Pvt Ltd    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
KRR Drugs And Chemicals Pvt Ltd        CC                CRISIL        35     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
KRR Drugs And Chemicals Pvt Ltd        LT Loan           CRISIL        19     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Kundan Jewellers Pvt Ltd               CC                CRISIL        230    Withdrawn
                                                         B/Stable
(Issuer Not Cooperating)
L&T Shipbuilding Ltd                   FB Fac            -             4250   Withdrawn
L&T Shipbuilding Ltd                   Non-FBL           -             9750   Withdrawn
L&T Shipbuilding Ltd                   Proposed FB Bk    -             8000   Withdrawn
                                       Limits
L&T Shipbuilding Ltd                   Proposed NFBL     -             8000   Withdrawn
Madhav Alloys Ltd                      CC                CRISIL        625    Reaffirmed
                                                         A-/Stable
Madhav Alloys Ltd                      LT Loan           CRISIL        633    Reaffirmed
                                                         A-/Stable
Madhav Alloys Ltd                      Proposed FB Bk    CRISIL        222    Assigned
                                       Limits            A-/Stable
Mas Additives Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Modelama Exports Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Ocean Lifespaces India Pvt Ltd         CC                CRISIL        350    Reaffirmed
                                                         A-/Stable
Ocean Lifespaces India Pvt Ltd         Proposed CC Limit CRISIL        50     Reaffirmed
                                                         A-/Stable
Pearl City Marine Products Pvt Ltd     CC                CRISIL        65     Reaffirmed
                                                         BB/Stable
Radhakrishna Oil Industries            CC                CRISIL        72     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Rahman Hospitals Pvt Ltd               CC                CRISIL        23.5   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Rahman Hospitals Pvt Ltd               LT Loan           CRISIL        151.4  Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Rahman Hospitals Pvt Ltd               TL                CRISIL        45.1   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Raitha Seva Sahakara Sangha Niyamitha  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Rajalakshmi Cars Pvt Ltd               Inventory Funding CRISIL        370    Reaffirmed
                                       Fac               BB/Stable
(Issuer Not Cooperating)
Rajalakshmi Cars Pvt Ltd               LT Loan           CRISIL        142.6  Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Rajalakshmi Cars Pvt Ltd               Overdraft         CRISIL        143    Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Rajalakshmi Cars Pvt Ltd               Proposed LT Bk    CRISIL        12.4   Reaffirmed
                                       Loan Fac          BB/Stable
(Issuer Not Cooperating)
Ramlal Durgadutt Motors Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Regent Resorts and Properties Pvt Ltd  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
RR Kabel Ltd                           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
RVS Raw And Boiled Rice Mill           CC                CRISIL        49.5   Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
RVS Raw And Boiled Rice Mill           Proposed LT Bk    CRISIL        30.5   Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
S.K. Farms - Namakkal                  CC/ Overdraft Fac CRISIL        35     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
S.K. Farms - Namakkal                  Key CC            CRISIL        23     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
S.K. Farms - Namakkal                  TL                CRISIL        10.8   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sahara Industries                      CC                CRISIL        110    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sahara Industries                      Proposed LT Bk    CRISIL        1.3    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Samarth Dairy and Agro Products Pvt Ltd CC               CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Samarth Dairy and Agro Products Pvt Ltd Proposed FB Bk   CRISIL        15     Reaffirmed
                                       Limits            B+/Stable
(Issuer Not Cooperating)
Samarth Dairy and Agro Products Pvt Ltd TL               CRISIL        35     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Samrat Feed Mills                      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Saryu Properties and Hotels Pvt Ltd    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Seema Automobiles                      CC                CRISIL        20     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Seema Automobiles                      Inventory Funding CRISIL        26     Reaffirmed
                                       Fac               BB-/Stable
(Issuer Not Cooperating)
Seema Automobiles                      Proposed FB Bk    CRISIL        20     Reaffirmed
                                       Limits            BB-/Stable
(Issuer Not Cooperating)
Selva Stone Export Ltd                 CC                CRISIL        20     Reaffirmed
                                                         BB-/Stable
Selva Stone Export Ltd                 LT Loan           CRISIL        1.4    -
                                                         BB-/Stable
Selva Stone Export Ltd                 WC TL             CRISIL        15     Assigned
                                                         BB-/Stable
Selva Stone Export Ltd                 Proposed LT Bk    CRISIL        13.1   Assigned
                                       Loan Fac          BB-/Stable
Sethia Oil Industries Ltd              CC                -             150    Withdrawn
Sethia Oil Industries Ltd              Proposed LT Bk    -             14.8   Withdrawn
                                       Loan Fac
Shakthi Sago Factory                   CC                CRISIL        45     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shakthi Sago Factory                   LT Loan           CRISIL        11.9   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shakthi Sago Factory                   Proposed LT Bk    CRISIL        13.1   Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Shivam Apparels                        Proposed LT Bk    CRISIL        5      Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Shree Bharat International Pvt Ltd     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shree Mangal Trading Company           CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shree Ram Resins Pvt Ltd               CC                CRISIL        140    Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Shri Sai Construction Company -        CC                CRISIL        20     Reaffirmed
Chandrapur                                               BB/Stable
(Issuer Not Cooperating)
Shri Sai Construction Company -        Proposed LT Bk    CRISIL        22.5   Reaffirmed
Chandrapur                             Loan Fac          BB/Stable
(Issuer Not Cooperating)
Shri Sai Construction Company -        TL                CRISIL        22.9   Reaffirmed
Chandrapur                                               BB/Stable
(Issuer Not Cooperating)
Shubham Civil Projects Pvt Ltd         CC                CRISIL        200    Reaffirmed
                                                         BBB-/Stable
Shubham Civil Projects Pvt Ltd         Proposed WC Fac   CRISIL        355    Reaffirmed
                                                         BBB-/Stable
Siby Mining and Infrastructure Pvt Ltd CC                CRISIL        25     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Siby Mining and Infrastructure Pvt Ltd Proposed CC Limit CRISIL        54.2   Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Sidhhartha Corporation Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sigma Cnc Products                     CC                CRISIL        40     Reaffirmed
                                                         B+/Stable
Sigma Cnc Products                     LT Loan           CRISIL        40     Reaffirmed
                                                         B+/Stable
Sigma Cnc Products                     Proposed LT Bk    CRISIL        20     Reaffirmed
                                       Loan Fac          B+/Stable
Sivanta Infratech                      Rupee TL          CRISIL        200    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sri Srinivasa Dairy Products Pvt Ltd   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Suman Hometex Pvt Ltd                  CC                CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Suman Hometex Pvt Ltd                  Rupee TL          CRISIL        45     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Summit Online Trade Solutions Pvt Ltd  Overdraft         CRISIL        200    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Supermac Industries India Ltd          CC                CRISIL        70     -
                                                         BBB-/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING')
Supermac Industries India Ltd          TL                CRISIL        20     -
                                                         BBB-/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING)
System Control and Automation Pvt Ltd  CC                CRISIL        37.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
System Control and Automation Pvt Ltd  Proposed LT Bk    CRISIL        2.5    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Tech-Force Composites Pvt Ltd          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Unipel Corporation                     Export Packing    CRISIL        25     Reaffirmed
                                       Credit            B/Stable
Unipel Corporation                     Proposed LT Bk    CRISIL        94.5   Reaffirmed
                                       Loan Fac          B/Stable
Unipel Corporation                     TL                CRISIL        10     Reaffirmed
                                                         B/Stable
Unitop Aquacare Ltd                    CC                CRISIL        80     -
                                                         BB+/Stable
(Downgraded from 'CRISIL BBB-/Stable')
Unitop Aquacare Ltd                    TL                CRISIL        65     -
                                                         BB+/Stable
(Downgraded from 'CRISIL BBB-/Stable')
VeeGee Industrial Enterprises Pvt Ltd  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Veekay Connectors Pvt Ltd              BG                -             40     Withdrawn
(Issuer Not Cooperating)
Veekay Connectors Pvt Ltd              CC                -             65     Withdrawn
(Issuer Not Cooperating)
Veekay Connectors Pvt Ltd              Import LOC Limit  -             25     Withdrawn
(Issuer Not Cooperating)
Virendra Satija Foundation Society     Proposed FB Bk    CRISIL        9.8    Reaffirmed
                                       Limits            BB-/Stable
Virendra Satija Foundation Society     TL                CRISIL        64     Assigned
                                                         BB-/Stable
--------------------------------------------------------------------------------------------
$: 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)
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