January 1, 2019 / 12:53 PM / 19 days ago

CRISIL ratings for Indian debt instruments-Jan 1

    Jan 1 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of December 31, 2018.


COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Aagam Holdings Pvt Ltd                  CP                 CRISIL A1+     250     Withdrawn
Adani Capital Pvt Ltd                   Proposed ST Bk     CRISIL A1+     1500    Reaffirmed
                                        Loan Fac
Adani Capital Pvt Ltd                   WC Demand Loan     CRISIL A1+     500     Reaffirmed
Adani Capital Pvt Ltd                   CP                 CRISIL A1+     1500    Reaffirmed
Anil Das                                Proposed ST Bk     CRISIL A3      50      Assigned
                                        Loan Fac
Anil Das                                BG                 CRISIL A3      100     Assigned
Ashika Commodities and Derivatives Pvt  BG                 CRISIL A4+     170     Downgraded
Ltd                                                                               from CRISIL
                                                                                  A3
Ashika Commodities and Derivatives Pvt  Proposed ST Bk     CRISIL A4+     50      Downgraded
Ltd                                     Loan Fac                                  from CRISIL
                                                                                  A3
Ashika Stock Broking Ltd                BG                 CRISIL A4+     495.8   Downgraded
                                                                                  from CRISIL A3
Automat Irrigation Pvt Ltd              BG                 CRISIL A2      10      Reaffirmed
Automat Irrigation Pvt Ltd              LOC                CRISIL A2      35      Reaffirmed
Avon Ispat and Power Ltd                LOC                CRISIL A2+     550     Assigned
Babaji Shivram Clearing and Carriers    BG                 CRISIL A2      10      Downgraded
Pvt Ltd                                                                           from CRISIL
                                                                                  A2+
Balarama Krishna Spinning Mills Pvt Ltd LOC                CRISIL A4+     25      -
(ISSUER NOT COOPERATING)
Balasaheb R Bhadane                     BG                 CRISIL A4+     30      Assigned
Assigned
Baliga Fishnets                         BG                 CRISIL A2      10      Reaffirmed
Baliga Fishnets                         Proposed NFBL      CRISIL A2      56.7    Reaffirmed
Bhagwati Lumbers Pvt Ltd                Foreign LOC        CRISIL A4+     100     Assigned
(Suspension Revoked)
BSR Infratech India Ltd                 BG                 CRISIL A2+     4250    Reaffirmed
BSR Infratech India Ltd                 Proposed BG        CRISIL A2+     750     Reaffirmed
BVSR PRP Road Projects Pvt Ltd          BG                 CRISIL A4+     14      -
(ISSUER NOT COOPERATING)
Chandra Udyog                           BG                 CRISIL A4+     30      Assigned
CMW Pressings                           LOC                CRISIL A1      25      Reaffirmed
Creative Business Associates            BG                 CRISIL A4+     40      Reaffirmed
Cruise Appliances Pvt Ltd               LOC                CRISIL A4+     206.5   Assigned
DCM Shriram Ltd                         CP                 CRISIL A1+     8000    Reaffirmed
Devi Sea Foods Ltd                      Foreign Exchange   CRISIL A1      170     Upgraded from
                                        Forward                                   CRISIL A2+
Devi Sea Foods Ltd                      Inland/Import LOC  CRISIL A1      65      Upgraded from
                                                                                  CRISIL A2+
Devi Sea Foods Ltd                      Post Shipment      CRISIL A1      500     Upgraded from
                                        Credit                                    CRISIL A2+
Devi Sea Foods Ltd                      Pre Shipment CreditCRISIL A1      750     Upgraded from
                                                                                  CRISIL A2+
Devi Sea Foods Ltd                      Proposed ST Bk     CRISIL A1      245.5   Upgraded from
                                        Loan Fac                                  CRISIL A2+
Dhoot Compack Pvt Ltd                   BG                 CRISIL A4+     26      -
(ISSUER NOT COOPERATING)
Dhoot Compack Pvt Ltd                   LOC                CRISIL A4+     40      -
(ISSUER NOT COOPERATING)
E C Blades and Tools Pvt Ltd            BG                 CRISIL A2+     50      Assigned
(Suspension Revoked)
E C Blades and Tools Pvt Ltd            Inland/Import LOC  CRISIL A2+     30      Assigned
(Suspension Revoked)
GCRG Memorial Trust                     BG                 CRISIL A4+     115     Assigned
(Suspension Revoked)
GCRG Memorial Trust                     Overdraft          CRISIL A4+     40      Assigned
(Suspension Revoked)
Gujarat Containers Ltd                  LOC & BG           CRISIL A4+     20      Reaffirmed
Gupta Power Infrastructure Ltd          Proposed NFBL      CRISIL A2+     1834.7  Assigned
Hero Cycles Ltd                         BG#                CRISIL A1+     700     Reaffirmed
#Fully interchangeable with each other
Hero Cycles Ltd                         LOC#               CRISIL A1+     200     Reaffirmed
#Fully interchangeable with each other
Hero Cycles Ltd                         CP                 CRISIL A1+     2500    Reaffirmed
Hind Rectifiers Ltd                     BG                 CRISIL A4+     70      Assigned
Ideal Chemicals India Pvt Ltd           Letter Of GuaranteeCRISIL A4      20      Reaffirmed
IKF Technologies Ltd                    BG                 CRISIL A4      20      -
(ISSUER NOT COOPERATING)
Internaational Stones India Pvt Ltd     Inland/Import LOC  CRISIL A4+     23      -
(ISSUER NOT COOPERATING)
Jai Aravali Industries                  LOC                CRISIL A3+     120     Upgraded from
                                                                                  CRISIL A3
Jamkash Vehicleades Pvt Ltd             BG                 CRISIL A3      210     Assigned
Jay Jalaram Enterprise                  BG                 CRISIL A4+     5       Assigned
Jolly Board Ltd                         BG                 CRISIL A2      1.5     Reaffirmed
Jolly Board Ltd                         Bill Discounting   CRISIL A2      20      Reaffirmed
                                        under LOC
Kaleesuwari Refinery And Industry Pvt   Import LOC Limit   CRISIL A3+     500     Reaffirmed
Ltd
Kenox Agro Industries Pvt Ltd           BG                 CRISIL A4      2.5     Reaffirmed
Ketul Enterprises Pvt Ltd               LOC                CRISIL A4+     150     Assigned
Khandelwal Laboratories Pvt Ltd         Inland Guarantees  CRISIL A4+     20      Assigned
Krystal Integrated Services Pvt Ltd     BG                 CRISIL A2      430     Reaffirmed
Laxmi Organic Industries Ltd            BG                 CRISIL A2+     70      Reaffirmed
Laxmi Organic Industries Ltd            LOC@               CRISIL A2+     350     Reaffirmed
@Interchangeable with upto maximum of Rs.35 Crore for Buyers Credit
Lorem Tiles Pvt Ltd                     BG                 CRISIL A4+     15      Upgraded from
                                                                                  CRISIL A4
Man Made                                Export Packing     CRISIL A4+     30      Reaffirmed
                                        Credit
Man Made                                Foreign Bill       CRISIL A4+     30      Reaffirmed
                                        Discounting
Maruichi KUMA Steel Tube Pvt Ltd        LOC                CRISIL A1      700     Reaffirmed
Maruichi KUMA Steel Tube Pvt Ltd        ST Loan            CRISIL A1      139     Reaffirmed
Medi Pharma Drug House                  LOC                CRISIL A4+     375     Reaffirmed
Meeka Machinery Pvt Ltd                 BG                 CRISIL A4      40      Reaffirmed
Mercury Laboratories Ltd                BG                 CRISIL A4+     7.5     Reaffirmed
Mercury Laboratories Ltd                LOC                CRISIL A4+     7.5     Reaffirmed
Mercury Laboratories Ltd                Standby Line of    CRISIL A4+     5       Reaffirmed
                                        Credit
Metalman Auto Pvt Ltd                   Packing Credit     CRISIL A2+     100     Reaffirmed
Millennium Engineers and Contractors    LOC & BG           CRISIL A3      430     Reaffirmed
Pvt Ltd
Mother Dairy Fruit And Vegetable Pvt LtdCP                 CRISIL A1+     6000    Reaffirmed
MRL Tyres Ltd                           LOC & BG           CRISIL A3+     470     Reaffirmed
MRL Tyres Ltd                           Packing Credit     CRISIL A3+     300     Reaffirmed
Mukand Systems And Networking Pvt Ltd   BG                 CRISIL A3      100     Assigned
Nandan Ground Support Equipment Pvt Ltd BG                 CRISIL A4      2.6     Assigned
Nash Products                           BG                 CRISIL A1      2       Reaffirmed
Nash Products                           LOC                CRISIL A1      1.5     Reaffirmed
National Plasto Moulding                BG                 CRISIL A3      15      Reaffirmed
National Plasto Products Pvt Ltd        BG                 CRISIL A3      15      Reaffirmed
Neogen Chemicals Ltd                    LOC                CRISIL A2      40      Upgraded from
                                                                                  CRISIL A3+
Nizamudeen A                            BG                 CRISIL A4      40      Reaffirmed
Nuvoco Vistas Corporation Ltd           BG                 CRISIL A1+     110.5   Reaffirmed
Nuvoco Vistas Corporation Ltd           LOC & BG*          CRISIL A1+     1201    Reaffirmed
* Full interchangeable with bank guarantee and letter of credit
Nuvoco Vistas Corporation Ltd           Overdraft^         CRISIL A1+     250     Reaffirmed
^Interchangeable with bank guarantee/letter of credit
Nuvoco Vistas Corporation Ltd           Overdraft          CRISIL A1+     350     Reaffirmed
Nuvoco Vistas Corporation Ltd           CP                 CRISIL A1+     3000    Assigned
Parry Sugars Refinery India Pvt Ltd     Non-FBL            CRISIL A1      13000   Reaffirmed
Parry Sugars Refinery India Pvt Ltd     CP                 CRISIL A1      1500    Reaffirmed
Pathanjali Silks                        Overdraft          CRISIL A4      100     Assigned
Poddar Tyres Ltd                        BG                 CRISIL A1      10      Reaffirmed
Poddar Tyres Ltd                        LOC                CRISIL A1      190     Reaffirmed
Polo Queen Industrial and Fintech Ltd   BG                 CRISIL A4+     7.5     Assigned
Pidilite Industries Ltd                 Non-FBL@@          CRISIL A1+     370     Reaffirmed
@@ interchangeable with pre-shipment credit (PC), post-shipment credit (PSC), standby letter of
credit (SBLC),bill discounting, overdraft (OD), letter of credit, bank Guarantees (BG's), buyers
credit and Foreign exchange hedge limits.
Pidilite Industries Ltd                 Non-FBL@           CRISIL A1+     500     Reaffirmed
@Fully interchangeable with letter of credit/bank guarantee
Pidilite Industries Ltd                 ST Debt Programme  CRISIL A1+     2500    Reaffirmed
Prasad International Pvt Ltd            BG                 CRISIL A3      5       Reaffirmed
Prasad International Pvt Ltd            LOC                CRISIL A3      20      Reaffirmed
Prasad International Pvt Ltd            Packing Credit     CRISIL A3      210     Reaffirmed
Qulux Tiles LLP                         BG                 CRISIL A4+     17      Assigned
Rai Industrial Power Pvt Ltd            BG                 CRISIL A4      12.8    Assigned
(Suspension Revoked)
Ranvik Autocomponents Pvt Ltd           LOC                CRISIL A4+     60      Assigned
Ranvik Autocomponents Pvt Ltd           BG                 CRISIL A4+     10      Assigned
Rubber King Tyre Pvt Ltd                BG                 CRISIL A2      6       Reaffirmed
Rubber King Tyre Pvt Ltd                Non-FBL            CRISIL A2      4       Reaffirmed
Rushabh Investment Pvt Ltd              BG                 CRISIL A4+     25      Reaffirmed
Rushabh Investment Pvt Ltd              LOC                CRISIL A4+     35      Reaffirmed
S D R Commercials Pvt Ltd               BG                 CRISIL A4      45      Assigned
(Suspension Revoked)
S S Offshore Pvt Ltd                    BG                 CRISIL A4+     30      Assigned
Sagar Pulp and Paper Mills Ltd          Inland/Import LOC  CRISIL A4+     10      Reaffirmed
Salasar Techno Engineering Ltd          BG                 CRISIL A4+     75      -
(ISSUER NOT COOPERATING)
Salasar Techno Engineering Ltd          LOC                CRISIL A4+     125     -
(ISSUER NOT COOPERATING)
SEC Industries Pvt Ltd                  BG                 CRISIL A3      500     Reaffirmed
SEC Industries Pvt Ltd                  LOC                CRISIL A3      30      Reaffirmed
Shahlon Silk Industries Ltd             LOC Bill           CRISIL A4+     100     -
                                        Discounting
Rating Watch with Developing Implications
Shahlon Silk Industries Ltd             LOC#               CRISIL A4+     50      -
Rating Watch with Developing Implications
Shanker Wood Pvt Ltd                    LOC                CRISIL A4+     120     Assigned
Shirpur Gold Refinery Ltd               Non-FBL            CRISIL A2      2030    Reaffirmed
SK Petro Services Pvt Ltd               BG                 CRISIL A3      90      Assigned
Sobha Ltd                               BG                 CRISIL A1      2567    Reaffirmed
Reaffirmed
Sobha Ltd                               LOC                CRISIL A1      2997    Reaffirmed
Reaffirmed
Sobha Ltd                               Proposed ST Bk     CRISIL A1      2233    Reaffirmed
                                        Loan Fac
Specialty Polyfilms India Pvt Ltd       LOC                CRISIL A4+     7.5     Reaffirmed
Sri Karpagam Mills India Pvt Ltd        LOC                CRISIL A4+     134.5   Reaffirmed
Sri Sai Leela Electrical Projects       BG                 CRISIL A4+     85      -
(ISSUER NOT COOPERATING)
Star Wire India Ltd                     Foreign Exchange   CRISIL A1      16      Reaffirmed
                                        Forward
Star Wire India Ltd                     Inland/Import LOC  CRISIL A1      300     Reaffirmed
Star Wire India Ltd                     LOC & BG           CRISIL A1      750     Reaffirmed
Star Wire India Ltd                     CP                 CRISIL A1      200     Reaffirmed
T and T Projects Ltd                    BG                 CRISIL A3+     675     Assigned
(Suspension Revoked)
T and T Projects Ltd                    LOC                CRISIL A3+     75      Assigned
(Suspension Revoked)
Telawne Power Equipments Pvt Ltd        Supplier Line of   CRISIL A4+     15      Assigned
                                        Credit
Telawne Power Equipments Pvt Ltd        Import LOC Limit   CRISIL A4+     65      Assigned
Telawne Power Equipments Pvt Ltd        BG                 CRISIL A4+     90      Assigned
Telawne Power Equipments Pvt Ltd        Bill Discounting   CRISIL A4+     35      Assigned
                                        under LOC
Thakur Infraprojects Pvt Ltd            BG                 CRISIL A2      1256.6  Reaffirmed
The Jammu and Kashmir Bank Ltd          CDs                CRISIL A1+     -       Reaffirmed
The Jammu and Kashmir Bank Ltd          ST FD              CRISIL A1+     -       Reaffirmed
TML Industries Ltd                      LOC & BG           CRISIL A4+     40      Reaffirmed
TML Industries Ltd                      Overdraft          CRISIL A4+     60      Reaffirmed
Uma Udyog                               Foreign Bill       CRISIL A3+     200     Upgraded from
                                        Purchase                                  CRISIL A3
United Electricals and Transformers     BG                 CRISIL A4      30      Reaffirmed
United Overseas Bank Ltd                CDs                CRISIL A1+     2000    Reaffirmed
Veerchand Harideo Khatri                BG                 CRISIL A4+     30      Assigned
Vega Auto Accessories Pvt Ltd           BG                 CRISIL A2+     30      Assigned
Vijai Marine Services                   Overdraft          CRISIL A3      46      Assigned
(Suspension Revoked)
Vishwa Pariwar                          BG                 CRISIL A4      10      Assigned
Wilson Printcity Pvt Ltd                BG                 CRISIL A4      10      Reaffirmed
Z Star Commotrade Pvt Ltd               BG                 CRISIL A4+     20      Assigned
Daipayan Agro Food Product Pvt Ltd      BG                 CRISIL A4      3       Assigned
Ecoplast Ltd                            BG                 CRISIL A3      1.5     Reaffirmed
Ecoplast Ltd                            LOC                CRISIL A3      65      Reaffirmed
Ecoplast Ltd                            Proposed BG        CRISIL A3      20      Reaffirmed
Geelon Industries Pvt Ltd               BG                 CRISIL A3+     7.5     Assigned
H.P. Builders Pvt Ltd                   Proposed BG        CRISIL A4+     40      Assigned
Hi-Tech Pipes Ltd                       LOC & BG           CRISIL A2      600     Reaffirmed
Hi-Tech Pipes Ltd                       CP                 CRISIL A2      250     Reaffirmed
Industrial and Commercial Bank of China CDs Programme      CRISIL A1+     12000   Reaffirmed
Ltd
International Solvents and Chemical Co. BG                 CRISIL A4+     50      Reaffirmed
International Solvents and Chemical Co. Inland/Import LOC  CRISIL A4+     10      Reaffirmed
J&K Vehicleades Pvt Ltd                 BG                 CRISIL A4+     5       Assigned
JM Financial Services Ltd               BG                 CRISIL A1+     3050    Reaffirmed
JM Financial Services Ltd               Proposed ST Bk     CRISIL A1+     243.7   Reaffirmed
                                        Loan Fac
JM Financial Services Ltd               CP Programme       CRISIL A1+     11000   Reaffirmed
K. K. Nag Pvt Ltd                       BG                 CRISIL A3      15      Reaffirmed
K. K. Nag Pvt Ltd                       LOC                CRISIL A3      52.5    Reaffirmed
K. N. International - Jin               LOC                CRISIL A4      110     Assigned
K.S.M. Bashir Mohammad & Son            BG                 CRISIL A3+     514     -
(ISSUER NOT COOPERATING)
M.J. Engineering Works Pvt Ltd          BG                 CRISIL A4      27      Assigned
Maithan Alloys Ltd                      BG                 CRISIL A1+     350     Reaffirmed
Maithan Alloys Ltd                      LOC                CRISIL A1+     4040    Reaffirmed
S.N.Q.S. Internationals Pvt Ltd         Packing Credit in  CRISIL A4+     95      Assigned
                                        Foreign Currency
S.N.Q.S. Internationals Pvt Ltd         LOC                CRISIL A4+     10      Assigned
Sri Krishna Metcom Ltd                  LOC                CRISIL A3      5       Assigned
Y.M.R. Constructions                    BG                 CRISIL A4      105     Reaffirmed
Y.M.R. Constructions                    Overdraft          CRISIL A4      42.5    Reaffirmed



MEDIUM TERM RATINGS:
-------------------
K. K. Nag Pvt Ltd                       FD                 FA-            8.55    Reaffirmed
Kolte-Patil Developers Ltd              FD                 FAA-           500     Withdrawn
TML Industries Ltd                      FD                 FB+            100     Withdrawn
Vadilal Enterprises Ltd                 FD                 FB+            60      -
(ISSUER NOT COOPERATING)
Vadilal Industries Ltd                  FD                 FB+            150     -
(ISSUER NOT COOPERATING)



LONG TERM RATINGS:
-------------------
A. B. Polypacks Pvt Ltd                 CC                 -              69      Withdrawn
(ISSUER NOT COOPERATING)
A. B. Polypacks Pvt Ltd                 LOC                -              25      Withdrawn
(ISSUER NOT COOPERATING)
A. B. Polypacks Pvt Ltd                 Proposed LT Bk     -              6       Withdrawn
                                        Loan Fac
(ISSUER NOT COOPERATING)
Adani Capital Pvt Ltd                   Proposed LT Bk     CRISIL AA-     5500    Reaffirmed
                                        Loan Fac
Adani Capital Pvt Ltd                   TL                 CRISIL AA-     500     Reaffirmed
Aditya Extractions Pvt Ltd              -                  -              -       -
Akriti Sales Corporation                BG                 -              10      Withdrawn
Akriti Sales Corporation                CC                 -              267.5   Withdrawn
Akriti Sales Corporation                Proposed CC Limit  -              72.5    Withdrawn
Alpha Educational Society               CC                 CRISIL B       30      -
(ISSUER NOT COOPERATING)
Alpha Educational Society               Cash TL            CRISIL B       40      -
(ISSUER NOT COOPERATING)
Anil Das                                CC/ Overdraft Fac  CRISIL BBB-    50      Assigned
Anjana Projects Pvt Ltd                 Corporate Credit   CCR BB         -       -
                                        Rating
(Renewed & Reaffirmed)
Arihant Prakashan                       CC                 CRISIL BBB-    300     Assigned
Arihant Publications India Ltd          CC                 CRISIL BBB-    400     Assigned
Arihant Publications India Ltd          TL                 CRISIL BBB-    30      Assigned
Ashika Commodities and Derivatives Pvt  Overdraft          CRISIL BB+     18      Downgraded
Ltd                                                                               from CRISIL
                                                                                  BBB-/Negative
Ashika Commodities and Derivatives Pvt  Proposed LT Bk     CRISIL BB+     162     Downgraded
Ltd                                     Loan Fac                                  from CRISIL
                                                                                  BBB-/Negative
Ashika Stock Broking Ltd                Overdraft          CRISIL BB+     150     Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Ashika Stock Broking Ltd                Proposed LT Bk     CRISIL BB+     254.2   Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB-
Ashoka Sambalpur Baragarh Tollway Ltd   TL                 CRISIL A-(SO)  8100    Reaffirmed
Ashwini Traders                         CC                 CRISIL A       200     Reaffirmed
Ashwini Traders                         Secured Overdraft  CRISIL A       155     Reaffirmed
                                        against term
                                        deposits
Atul Auto Ltd                           CC                 CRISIL A       150     Reaffirmed
Automat Irrigation Pvt Ltd              CC *               CRISIL BBB+    110     Reaffirmed
* Cash credit has a sublimit of Rs 4 Crore of Export Packing Credit and Rs 4 Crore of Foreign
Bill Purchase
Automat Irrigation Pvt Ltd              Proposed LT Bk     CRISIL BBB+    310.1   Reaffirmed
                                        Loan Fac
Automat Irrigation Pvt Ltd              TL                 CRISIL BBB+    254.9   Reaffirmed
Avon Ispat and Power Ltd                CC                 CRISIL A-      50      Assigned
Axis Finance Ltd                        CP                 CRISIL A1+     60000   Reaffirmed
Axis Finance Ltd                        CP Programme (IPO  CRISIL A1+     40000   Reaffirmed
                                        Financing)
Axis Finance Ltd                        NCD                CRISIL AAA     20000   Reaffirmed
Ayursundra Health Care Pvt Ltd          CC                 CRISIL D       4       -
(ISSUER NOT COOPERATING)
Ayursundra Health Care Pvt Ltd          Proposed LT Bk     CRISIL D       2.1     -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Ayursundra Health Care Pvt Ltd          TL                 CRISIL D       453.9   -
(ISSUER NOT COOPERATING)
Babaji Shivram Clearing and Carriers    Buyer`s Credit*    CRISIL BBB+    180     Downgraded
Pvt Ltd                                                                           from CRISIL
                                                                                  A-
*Fully interchangeable with letter of credit, bank guarantee amounting to Rs 8 crore, working
capital demand loan amounting to Rs 15 crore, cash credit and sales invoice discounting
amounting to Rs 5 crore
Babaji Shivram Clearing and Carriers    Proposed LT Bk     CRISIL BBB+    10      Downgraded
Pvt Ltd                                 Loan Fac                                  from CRISIL
                                                                                  A-
Bajaj Silk Fab Pvt Ltd                  CC                 CRISIL BB      67.5    -
(ISSUER NOT COOPERATING)
Bajaj Silk Fab Pvt Ltd                  Proposed LT Bk     CRISIL BB      27.5    -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Balarama Krishna Spinning Mills Pvt Ltd CC                 CRISIL BB      150     -
(ISSUER NOT COOPERATING)
Balarama Krishna Spinning Mills Pvt Ltd LT Loan            CRISIL BB      18      -
(ISSUER NOT COOPERATING)
Balarama Krishna Spinning Mills Pvt Ltd Proposed FB Bk     CRISIL BB      283.5   -
                                        Limits
(ISSUER NOT COOPERATING)
Balarama Krishna Spinning Mills Pvt Ltd Proposed LT Bk     CRISIL BB      80      -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Balasaheb R Bhadane                     Proposed CC Limit  CRISIL BB+     80      Assigned
Assigned
Balasaheb R Bhadane                     CC                 CRISIL BB+     90      Assigned
Assigned
Baliga Fishnets                         Foreign LOC        CRISIL BBB+    100     Reaffirmed
Banyan Tooling Consultants India LLP    TL                 CRISIL BB-     2.5     Assigned
Banyan Tooling Consultants India LLP    CC                 CRISIL BB-     12.5    Assigned
Banyan Tooling Consultants India LLP    Proposed LT Bk     CRISIL BB-     35      Assigned
                                        Loan Fac
BAZ Software Pvt Ltd                    Proposed LT Bk     CRISIL BB+     6.9     Assigned
                                        Loan Fac
BAZ Software Pvt Ltd                    Loan Against       CRISIL BB+     223     Assigned
                                        Property
BAZ Software Pvt Ltd                    LT Loan            CRISIL BB+     10.1    Assigned
Bhagwati Lumbers Pvt Ltd                CC                 CRISIL BB-     20      Assigned
(Suspension Revoked)
Bhavanam Textiles India Pvt Ltd         TL                 CRISIL B+      16.3    Assigned
Bhavanam Textiles India Pvt Ltd         CC                 CRISIL B+      120     Assigned
Bhavanam Textiles India Pvt Ltd         Proposed LT Bk     CRISIL B+      7.9     Assigned
                                        Loan Fac
BSR Infratech India Ltd                 BG*                CRISIL A-      500     Reaffirmed
*Includes sub-limit in the form of Overdraft facility worth Rs 10 crore 
BSR Infratech India Ltd                 Overdraft          CRISIL A-      1050    Reaffirmed 
BSR Infratech India Ltd                 Proposed Overdraft CRISIL A-      450     Reaffirmed
                                        Fac
BVSR PRP Road Projects Pvt Ltd          LT Loan            CRISIL BB+     164.8   -
(ISSUER NOT COOPERATING)
BVSR PRP Road Projects Pvt Ltd          Proposed LT Bk     CRISIL BB+     181.2   -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Chandra Udyog                           TL                 CRISIL BB+     69.6    Assigned
Chandra Udyog                           Proposed LT Bk     CRISIL BB+     20.4    Assigned
                                        Loan Fac
Chandra Udyog                           CC                 CRISIL BB+     150     Assigned
CMW Pressings                           CC                 CRISIL A       25      Reaffirmed
Creative Business Associates            CC                 CRISIL BB      10      Reaffirmed
Creative Business Associates            Proposed BG        CRISIL BB      30      Reaffirmed
Creative Business Associates            Proposed CC Limit  CRISIL BB      20      Reaffirmed
Cruise Appliances Pvt Ltd               CC                 CRISIL BB+     40      Assigned
Dada Motors Pvt Ltd                     CC                 -              230     Withdrawn
Dada Motors Pvt Ltd                     Proposed LT Bk     -              40      Withdrawn
                                        Loan Fac
Daipayan Agro Food Product Pvt Ltd      Rupee TL           CRISIL B+      20      Assigned
Daipayan Agro Food Product Pvt Ltd      CC                 CRISIL B+      50      Assigned
Deshmukh Bhadane And JV                 TL                 CRISIL BBB-    200     Assigned
Dhanalaxmi Cotton Industries            CC                 CRISIL BB-     152.5   Assigned
(Suspension Revoked)
Dhanalaxmi Cotton Industries            LT Loan            CRISIL BB-     30      Assigned
(Suspension Revoked)
Dhanalaxmi Cotton Industries            Proposed LT Bk     CRISIL BB-     22.5    Assigned
                                        Loan Fac
(Suspension Revoked)
Dhoot Compack Pvt Ltd                   CC                 CRISIL BB+     85      -
(ISSUER NOT COOPERATING)
Dhoot Compack Pvt Ltd                   Proposed LT Bk     CRISIL BB+     19      -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Dhoot Compack Pvt Ltd                   TL                 CRISIL BB+     80      -
(ISSUER NOT COOPERATING)
E C Blades and Tools Pvt Ltd            CC                 CRISIL A-      400     Assigned
(Suspension Revoked)
E C Blades and Tools Pvt Ltd            Proposed LT Bk     CRISIL A-      100     Assigned
                                        Loan Fac
(Suspension Revoked)
Eastern Enterprises                     CC                 -              150     Withdrawn
(ISSUER NOT COOPERATING)
Eastern Enterprises                     Proposed LT Bk     -              30      Withdrawn
                                        Loan Fac
(ISSUER NOT COOPERATING)
Ecoplast Ltd                            CC                 CRISIL BBB-    140     Reaffirmed
Ecoplast Ltd                            LT Loan            CRISIL BBB-    38.5    Reaffirmed
Expovan                                 Export Packing     CRISIL BBB     100     Assigned
                                        Credit
Five-Star Business Finance Ltd          NCD                CRISIL BBB+    300     Upgraded from
                                                                                  CRISIL BBB
Friends Paper Mills                     CC                 CRISIL BB-     100     Assigned
Friends Paper Mills                     TL                 CRISIL BB-     70      Assigned
G.B. Cotton Industries                  CC                 -              100     Withdrawn
GCRG Memorial Trust                     Rupee TL           CRISIL BB      345     Assigned
(Suspension Revoked)
Geelon Industries Pvt Ltd               Proposed LT Bk     CRISIL BBB     2.5     Assigned
                                        Loan Fac
Geelon Industries Pvt Ltd               CC                 CRISIL BBB     160     Assigned
Global Health Care Products             CC                 CRISIL BB      65      Upgraded from
                                                                                  CRISIL BB-
Global Health Care Products             Proposed LT Bk     CRISIL BB      85      Upgraded from
                                        Loan Fac                                  CRISIL BB-
Gnyana Mandir Trust                     TL                 CRISIL BBB-    100     Reaffirmed
Gujarat Containers Ltd                  CC                 CRISIL BB      140     Reaffirmed
Gujarat Containers Ltd                  Proposed LT Bk     CRISIL BB      46.9    Reaffirmed
                                        Loan Fac
Gujarat Containers Ltd                  Standby LOC        CRISIL BB      15      Reaffirmed
Gujarat Containers Ltd                  TL                 CRISIL BB      8.1     Reaffirmed
Gupta Power Infrastructure Ltd          FB Fac             CRISIL A-      9000    Assigned
Gupta Power Infrastructure Ltd          Non-FBL            CRISIL A-      20000   Assigned
Gupta Power Infrastructure Ltd          Proposed FB Bk     CRISIL A-      900     Assigned
                                        Limits
Gupta Power Infrastructure Ltd          Proposed TL        CRISIL A-      250     Assigned
Gupta Power Infrastructure Ltd          TL                 CRISIL A-      265.3   Assigned
H.P. Builders Pvt Ltd                   Proposed LT Bk     CRISIL BB-     20      Assigned
                                        Loan Fac
H.P. Builders Pvt Ltd                   Proposed CC Limit  CRISIL BB-     20      Assigned
Hansa Travels                           Corporate Credit   CRISIL BB+     -       Assigned
                                        Rating
Hero Cycles Ltd                         CC^                CRISIL AA      700     Reaffirmed
^Includes sublimit of Rs 10 crore for Export Packing Credit (EPC) and Rs 9 crore for Foreign
Bill Discounting (FBD)
Hero Cycles Ltd                         TL                 CRISIL AA      150     Reaffirmed
Hero Cycles Ltd                         NCD                CRISIL AA      1000    Reaffirmed
Hero Cycles Ltd                         NCD                CRISIL AA      1200    Reaffirmed
Hind Rectifiers Ltd                     Proposed LT Bk     CRISIL BB+     137     Assigned
                                        Loan Fac
Hind Rectifiers Ltd                     LT Loan            CRISIL BB+     210     Assigned
Hind Rectifiers Ltd                     CC                 CRISIL BB+     483     Assigned
Hi-Tech Pipes Ltd                       CC                 CRISIL BBB+    1475    Reaffirmed
Hi-Tech Pipes Ltd                       LT Loan            CRISIL BBB+    235     Reaffirmed
Ideal Chemicals India Pvt Ltd           CC                 CRISIL B+      130     Reaffirmed
Ideal Chemicals India Pvt Ltd           Proposed LT Bk     CRISIL B+      80      Reaffirmed
                                        Loan Fac
IKF Technologies Ltd                    CC                 CRISIL B-      70      -
(ISSUER NOT COOPERATING)
IKF Technologies Ltd                    TL                 CRISIL B-      20      -
(ISSUER NOT COOPERATING)
Integrated Weaving India Pvt Ltd        Proposed TL        CRISIL B+      98      Assigned
Integrated Weaving India Pvt Ltd        TL                 CRISIL B+      52      Assigned
Internaational Stones India Pvt Ltd     Bill Discounting   CRISIL BB+     200     -
(ISSUER NOT COOPERATING)
Internaational Stones India Pvt Ltd     Export Packing     CRISIL BB+     290     -
                                        Credit
(ISSUER NOT COOPERATING)
International Solvents and Chemical Co. CC                 CRISIL BB      30      Reaffirmed
J&K Vehicleades Pvt Ltd                 Proposed LT Bk     CRISIL BB+     29.5    Assigned
                                        Loan Fac
J&K Vehicleades Pvt Ltd                 Line of Credit     CRISIL BB+     18      Assigned
J&K Vehicleades Pvt Ltd                 Inventory Funding  CRISIL BB+     10      Assigned
                                        Fac
J&K Vehicleades Pvt Ltd                 Electronic Dealer  CRISIL BB+     62.5    Assigned
                                        Financing
                                        Scheme(e-DFS)
J&K Vehicleades Pvt Ltd                 CC                 CRISIL BB+     25      Assigned
J. M. D. Industries                     Proposed LT Bk     -              15      Withdrawn
                                        Loan Fac
J. M. D. Industries                     TL                 -              80      Withdrawn
J. M. D. Industries                     WC Fac             -              20      Withdrawn
Jai Aravali Industries                  CC                 CRISIL BBB     70      Upgraded from
                                                                                  CRISIL BBB-
Jai Aravali Industries                  Proposed LT Bk     CRISIL BBB     10      Upgraded from
                                        Loan Fac                                  CRISIL BBB-
Jamkash Trucking Pvt Ltd                CC                 CRISIL BB      100     Assigned
Jamkash Trucking Pvt Ltd                Proposed LT Bk     CRISIL BB      50      Assigned
                                        Loan Fac
Jamkash Vehicleades Pvt Ltd             LT Loan            CRISIL BBB-    40      Assigned
Jamkash Vehicleades Pvt Ltd             Inventory Funding  CRISIL BBB-    100     Assigned
                                        Fac
Jamkash Vehicleades Pvt Ltd             CC                 CRISIL BBB-    600     Assigned
Jay Jalaram Enterprise                  TL                 CRISIL BB      3.7     Assigned
Jay Jalaram Enterprise                  CC                 CRISIL BB      96.5    Assigned
JM Financial Services Ltd               Overdraft          CRISIL AA      1646.3  Reaffirmed
Jolly Board Ltd                         CC                 CRISIL BBB+    75      Reaffirmed
Jolly Board Ltd                         Proposed FB Bk     CRISIL BBB+    119.8   Reaffirmed
                                        Limits
Jolly Board Ltd                         TL                 CRISIL BBB+    10      Reaffirmed
K. K. Nag Pvt Ltd                       CC                 CRISIL BBB-    65      Reaffirmed
K. K. Nag Pvt Ltd                       Standby Line of    CRISIL BBB-    19.5    Reaffirmed
                                        Credit
K. K. Nag Pvt Ltd                       TL                 CRISIL BBB-    30.8    Reaffirmed
K. N. International - Jin               CC                 CRISIL B       15      Assigned
K.S.M. Bashir Mohammad & Son            CC                 CRISIL BBB     136     -
Kaleesuwari Refinery And Industry Pvt   CC                 CRISIL BBB     500     Reaffirmed
Ltd
Kaleesuwari Refinery And Industry Pvt   Proposed LT Bk     CRISIL BBB     85      Reaffirmed
Ltd                                     Loan Fac
Kaleesuwari Refinery And Industry Pvt   TL                 CRISIL BBB     15      Reaffirmed
Ltd
Kankani Enterprises Pvt Ltd             CC                 CRISIL BB      24      Assigned
Kankani Enterprises Pvt Ltd             TL                 CRISIL BB      76      Assigned
Kdac Chem Pvt Ltd                       CC                 CRISIL BB      90      Assigned
Kdac Chem Pvt Ltd                       TL                 CRISIL BB      210     Assigned
Kenox Agro Industries Pvt Ltd           CC                 CRISIL B+      50      Reaffirmed
Kenox Agro Industries Pvt Ltd           Proposed LT Bk     CRISIL B+      7.5     Reaffirmed
                                        Loan Fac
Kenox Agro Industries Pvt Ltd           TL                 CRISIL B+      40      Reaffirmed
Kevin Dyes & Chemicals Pvt Ltd          Foreign Bill       CRISIL BB      72      Assigned
                                        Discounting
Kevin Dyes & Chemicals Pvt Ltd          Proposed LT Bk     CRISIL BB      8       Assigned
                                        Loan Fac
Khandelwal Jewellers (Akola) Pvt Ltd    CC                 -              215     Withdrawn
Khandelwal Laboratories Pvt Ltd         CC                 CRISIL BB      130     Assigned
KLA India Public Ltd                    CC                 CRISIL BB+     150     Assigned
KLA India Public Ltd                    WC TL              CRISIL BB+     155     Assigned
Kolte-Patil Developers Ltd              CC/ Overdraft Fac  CRISIL A+      2150    Reaffirmed
Kolte-Patil Developers Ltd              Corporate Loan     CRISIL A+      650     Reaffirmed
Kolte-Patil Developers Ltd              Proposed LT Bk     CRISIL A+      350     Reaffirmed
                                        Loan Fac
Kolte-Patil Developers Ltd              TL                 CRISIL A+      2850    Reaffirmed
Kolte-Patil Developers Ltd              NCD                CRISIL A+      1000    Withdrawn
Kolte-Patil Developers Ltd              NCD                CRISIL A+      1000    Withdrawn
Krystal Integrated Services Pvt Ltd     CC                 CRISIL BBB+    362.5   Reaffirmed
Krystal Integrated Services Pvt Ltd     Proposed LT Bk     CRISIL BBB+    87.5    Reaffirmed
                                        Loan Fac
Lavu Educational Society                Drop Line          CRISIL BBB     250     Upgraded from
                                        Overdraft Fac                             CRISIL BBB-
Lavu Educational Society                LT Loan            CRISIL BBB     323.9   Upgraded from
                                                                                  CRISIL BBB-
Lavu Educational Society                Proposed LT Bk     CRISIL BBB     476.1   Upgraded from
                                        Loan Fac                                  CRISIL BBB-
Lavu Educational Society                Secured Overdraft  CRISIL BBB     250     Upgraded from
                                        Fac                                       CRISIL BBB-
Laxmi Organic Industries Ltd            CC                 CRISIL A-      500     Reaffirmed
Laxmi Organic Industries Ltd            CC^^               CRISIL A-      400     Reaffirmed
^^Interchangeable with upto maximum of Rs. 20 crores for working capital demand loan, Rs. 15
crores for export packing credit/packing credit in foreign currency / export bill discounting/
export bill negotiation 
Laxmi Organic Industries Ltd            CC**               CRISIL A-      350     Reaffirmed
**Fully interchangeability between Fund based and Non Fund Based working Capital
Laxmi Organic Industries Ltd            CC&                CRISIL A-      350     Reaffirmed
Laxmi Organic Industries Ltd            External           CRISIL A-      421     Reaffirmed
                                        Commercial
                                        Borrowings
Laxmi Organic Industries Ltd            LOC@@@             CRISIL A-      750     Reaffirmed
@@@Fully interchangeability with fund based working capital and letter of credit, includes
sublimit of Rs. 65 crores for buyers credit, Rs.49 crores for export packing credit/packing
credit in foreign currency / export bill discounting/ export bill negotiation, Rs. 10 Crores for
cash credit, Rs. 5 crores for working capital demand loan. 
Laxmi Organic Industries Ltd            LOC!               CRISIL A-      500     Reaffirmed
Laxmi Organic Industries Ltd            Standby Line of    CRISIL A-      50      Reaffirmed
                                        Credit
Laxmi Organic Industries Ltd            TL                 CRISIL A-      70.4    Reaffirmed
Lorem Tiles Pvt Ltd                     CC                 CRISIL BB-     29      Upgraded from
                                                                                  CRISIL B+
Lorem Tiles Pvt Ltd                     LT Loan            CRISIL BB-     29.6    Upgraded from
                                                                                  CRISIL B+
Lorem Tiles Pvt Ltd                     Proposed LT Bk     CRISIL BB-     1.4     Upgraded from
                                        Loan Fac                                  CRISIL B+
M.J. Engineering Works Pvt Ltd          WC TL              CRISIL B-      50      Assigned
M.J. Engineering Works Pvt Ltd          Proposed LT Bk     CRISIL B-      3       Assigned
                                        Loan Fac
M.J. Engineering Works Pvt Ltd          CC                 CRISIL B-      60      Assigned
Magalir Micro Capital Pvt Ltd           Proposed LT Bk     CRISIL BBB-    800     Assigned
                                        Loan Fac
Mahalakshmi Infraprojects Ltd           BG                 -              300     Withdrawn
Mahalakshmi Infraprojects Ltd           CC                 -              200     Withdrawn
Mahindra World City (Jaipur) Ltd        NCD                CRISIL A+      650     Reaffirmed
Maithan Alloys Ltd                      CC                 CRISIL AA-     900     Reaffirmed
Maithan Alloys Ltd                      CC & WC demand loanCRISIL AA-     320     Reaffirmed
Maithan Alloys Ltd                      Proposed LT Bk     CRISIL AA-     390     Reaffirmed
                                        Loan Fac
Manjeera Hotels and Resorts Pvt Ltd     CC                 CRISIL BB+     50      Assigned
Manjeera Hotels and Resorts Pvt Ltd     Proposed LT Bk     CRISIL BB+     200     Assigned
                                        Loan Fac
Maruichi KUMA Steel Tube Pvt Ltd        CC                 CRISIL A       50      Reaffirmed
Maruichi KUMA Steel Tube Pvt Ltd        Overdraft          CRISIL A       31      Reaffirmed
Maruichi KUMA Steel Tube Pvt Ltd        Proposed LT Bk     CRISIL A       44      Reaffirmed
                                        Loan Fac
Max Hypermarket India Pvt Ltd           TL                 CRISIL BB+     1233.1  Reaffirmed
Max Hypermarket India Pvt Ltd           WC Demand Loan*    CRISIL BB+     16.9    Reaffirmed
* Fully interchangeable with Cash Credit; interchangeable with Letter of Credit to Rs.1 crore
and Bank Guarantee to Rs.0.5 crore
Medi Pharma Drug House                  CC                 CRISIL BB      375     Reaffirmed
Meeka Machinery Pvt Ltd                 CC                 CRISIL B+      42.5    Reaffirmed
Mehta Brothers Gems Pvt Ltd             Post Shipment      CRISIL BB-     200     Reaffirmed
                                        Credit
Mehta Brothers Gems Pvt Ltd             Proposed LT Bk     CRISIL BB-     150     Reaffirmed
                                        Loan Fac
Mercury Laboratories Ltd                CC                 CRISIL BB+     40      Reaffirmed
Mercury Laboratories Ltd                Proposed LT Bk     CRISIL BB+     30      Reaffirmed
                                        Loan Fac
Mercury Laboratories Ltd                TL                 CRISIL BB+     37.5    Reaffirmed
Metalman Auto Pvt Ltd                   CC                 CRISIL A-      320     Reaffirmed
Metalman Auto Pvt Ltd                   Proposed TL        CRISIL A-      70      Reaffirmed
Metalman Auto Pvt Ltd                   TL                 CRISIL A-      1260    Reaffirmed
Millennium Engineers and Contractors    CC                 CRISIL BBB-    170     Reaffirmed
Pvt Ltd
Millennium Engineers and Contractors    Drop Line          CRISIL BBB-    30      Reaffirmed
Pvt Ltd                                 Overdraft Fac
Millennium Engineers and Contractors    Proposed FB Bk     CRISIL BBB-    60      Reaffirmed
Pvt Ltd                                 Limits
Millennium Engineers and Contractors    TL                 CRISIL BBB-    60      Reaffirmed
Pvt Ltd
MRL Tyres Ltd                           CC                 CRISIL BBB     80      Reaffirmed
MRL Tyres Ltd                           Proposed LT Bk     CRISIL BBB     60      Reaffirmed
                                        Loan Fac
MRL Tyres Ltd                           TL                 CRISIL BBB     240     Reaffirmed
Mukand Systems And Networking Pvt Ltd   CC                 CRISIL BBB-    100     Assigned
Nandan Ground Support Equipment Pvt Ltd TL                 CRISIL B+      11.5    Assigned
Nandan Ground Support Equipment Pvt Ltd Proposed LT Bk     CRISIL B+      10.9    Assigned
                                        Loan Fac
Nandan Ground Support Equipment Pvt Ltd CC                 CRISIL B+      75      Assigned
Narayana Agro Oils Pvt Ltd              CC                 CRISIL BB+     190     Assigned
Narayana Agro Oils Pvt Ltd              TL                 CRISIL BB+     40      Assigned
Nash Products                           CC                 CRISIL A       12.7    Reaffirmed
Nash Products                           Proposed LT Bk     CRISIL A       31.8    Reaffirmed
                                        Loan Fac
Nash Products                           TL                 CRISIL A       28      Reaffirmed
National Plasto Moulding                CC                 CRISIL BBB-    87      Reaffirmed
National Plasto Moulding                Proposed FB Bk     CRISIL BBB-    56.4    Reaffirmed
                                        Limits
National Plasto Moulding                TL                 CRISIL BBB-    42.3    Reaffirmed
National Plasto Products Pvt Ltd        CC                 CRISIL BBB-    140     Reaffirmed
National Plasto Products Pvt Ltd        Proposed LT Bk     CRISIL BBB-    59.4    Reaffirmed
                                        Loan Fac
National Plasto Products Pvt Ltd        TL                 CRISIL BBB-    42.7    Reaffirmed
Neesarg Motors                          CC                 CRISIL B+      62.5    -
(ISSUER NOT COOPERATING)
Neogen Chemicals Ltd                    CC                 CRISIL BBB+    560     Upgraded from
                                                                                  CRISIL BBB
Neogen Chemicals Ltd                    TL                 CRISIL BBB+    650     Upgraded from
                                                                                  CRISIL BBB
Nizamudeen A                            CC                 CRISIL B       60      Reaffirmed
NSE Clearing Ltd                        Corporate Credit   CCR AAA        -       -
                                        Rating
(Renewed & Reaffirmed)
Nuvoco Vistas Corporation Ltd           CC & WC demand     CRISIL AA      1075    Reaffirmed
                                        loan^
^Interchangeable with bank guarantee/letter of credit
Nuvoco Vistas Corporation Ltd           CC & WC demand loanCRISIL AA      250     Reaffirmed
Nuvoco Vistas Corporation Ltd           Proposed FB Bk     CRISIL AA      599     Reaffirmed
                                        Limits
Nuvoco Vistas Corporation Ltd           TL                 CRISIL AA      3750    Reaffirmed
Nuvoco Vistas Corporation Ltd           WC Demand Loan     CRISIL AA      200     Reaffirmed
Nuvoco Vistas Corporation Ltd           NCD@               CRISIL AA      28500   Reaffirmed
OCM Pvt Ltd                             CC                 -              300     Withdrawn
(ISSUER NOT COOPERATING)
OCM Pvt Ltd                             LOC                -              405     Withdrawn
(ISSUER NOT COOPERATING)
OCM Pvt Ltd                             Proposed LT Bk     -              95      Withdrawn
                                        Loan Fac
(ISSUER NOT COOPERATING)
Palm Street Infrastructure and          Rupee TL           CRISIL B       100     Upgraded from
Developers Pvt Ltd                                                                CRISIL D
Parinee Realty Pvt Ltd                  NCD                CRISIL B       2850    Reaffirmed
Parry Sugars Refinery India Pvt Ltd     FB Fac             CRISIL A+      4000    Reaffirmed
Parry Sugars Refinery India Pvt Ltd     Non-FBL*           CRISIL A+      500     Reaffirmed
*Interchangeable with fund based facility upto Rs 50 Cr
Parry Sugars Refinery India Pvt Ltd     Non-FBL#           CRISIL A+      3000    Reaffirmed
#Interchangeable with fund based facility upto Rs 100 Cr
Parry Sugars Refinery India Pvt Ltd     Non-FBL@           CRISIL A+      6500    Reaffirmed
@ Fully interchangeable with fund based fa
Parry Sugars Refinery India Pvt Ltd     NCD                CRISIL A+      350     Reaffirmed
Parry Sugars Refinery India Pvt Ltd     NCD                CRISIL AA-     1350    Withdrawn
Parry Sugars Refinery India Pvt Ltd     NCD                CRISIL AA-     1000    Reaffirmed
Parry Sugars Refinery India Pvt Ltd     NCD                CRISIL AA-     1350    Reaffirmed
Pathanjali Silks                        LT Loan            CRISIL B+      50      Assigned
Pioneer Panel Products                  CC                 -              30      Withdrawn
(ISSUER NOT COOPERATING)
Pioneer Panel Products                  Proposed TL        -              80      Withdrawn
(ISSUER NOT COOPERATING)
Pioneer Panel Products                  TL                 -              40      Withdrawn
(ISSUER NOT COOPERATING)
Pioneer Steels                          CC                 CRISIL BBB-    50      Assigned
(Suspension Revoked)
Pidilite Industries Ltd                 FB Fac#            CRISIL AAA     250     Reaffirmed
#Fully interchangeable with working capital demand loan/letter of credit/bank guarantee
/stand-by line of credit facilities
Pidilite Industries Ltd                 FB Fac##           CRISIL AAA     1050    Reaffirmed
## Rs 105 crore interchangeable with working capital demand loan/letter of credit/bank guarantee
/stand-by line of credit facilities
Pidilite Industries Ltd                 FB Fac^            CRISIL AAA     500     Reaffirmed
^ Interchangeable with working capital demand loan/letter of credit/bank guarantee /stand-by
line of credit facilities
Pidilite Industries Ltd                 FB Fac             CRISIL AAA     1000    Reaffirmed
PMD Milk And Foods                      CC                 CRISIL B+      10      Assigned
PMD Milk And Foods                      Rupee TL           CRISIL B+      95      Assigned
Poddar Tyres Ltd                        CC                 CRISIL A-      400     Reaffirmed
Polo Queen Industrial and Fintech Ltd   Government Bill    CRISIL BB      20      Assigned
                                        Purchase
Polo Queen Industrial and Fintech Ltd   CC                 CRISIL BB      50      Assigned
Prahlad Flour Mills Pvt Ltd             TL                 CRISIL BB      9.2     Assigned
Prahlad Flour Mills Pvt Ltd             CC                 CRISIL BB      122.5   Assigned
Prahlad Flour Mills Pvt Ltd             Proposed FB Bk     CRISIL BB      3.3     Assigned
                                        Limits
Prasad International Pvt Ltd            CC                 CRISIL BBB-    20      Reaffirmed
Prasad International Pvt Ltd            TL                 CRISIL BBB-    35      Reaffirmed
Prime and Shine Trading Pvt Ltd         Proposed FB Bk     CRISIL B       10      Assigned
                                        Limits
Quality Industries                      CC                 CRISIL BBB-    100     Assigned
(Suspension Revoked)
Qulux Tiles LLP                         TL                 CRISIL BB-     125     Assigned
Qulux Tiles LLP                         CC                 CRISIL BB-     43      Assigned
R. C. Foods                             CC                 CRISIL B+      85      Reaffirmed
R. C. Foods                             TL                 CRISIL B+      70      Reaffirmed
Rai Industrial Power Pvt Ltd            CC                 CRISIL B       80      Assigned
(Suspension Revoked)
Raja Rajeshwara Cotton Industries       TL                 CRISIL B+      22.5    Assigned
Raja Rajeshwara Cotton Industries       CC                 CRISIL B+      30      Assigned
Raja Rajeshwara Cotton Industries       Proposed FB Bk     CRISIL B+      27.5    Assigned
                                        Limits
Ranvik Autocomponents Pvt Ltd           TL                 CRISIL BB-     31.5    Assigned
Ranvik Autocomponents Pvt Ltd           CC                 CRISIL BB-     58.5    Assigned
Rubber King Tyre Pvt Ltd                CC@                CRISIL BBB+    210     Reaffirmed
@BD/FBD/BP/FBP of Rs.10 crore is a sublimit of CC, EPC/PCFC of R
Rubber King Tyre Pvt Ltd                Proposed LT Bk     CRISIL BBB+    18.8    Reaffirmed
                                        Loan Fac
Rubber King Tyre Pvt Ltd                TL                 CRISIL BBB+    54.5    Reaffirmed
Rubber King Tyre Pvt Ltd                CC#                CRISIL BBB+    100     Reaffirmed
#EPC/PCFC of Rs.0.10 crore is a sublimit of CC, WCDL of Rs.1.00 crore is a sublimit of CC,
FBP/FUBD/PSCFC of Rs.0.10 crore is a sublimit of CC, Letter of Credit of Rs.5.00 crore is a
sublimit of CC, Bank Guarantee of Rs.0.50 crore is a sublimit of CC 
Rushabh Investment Pvt Ltd              CC                 CRISIL BB-     65      Downgraded
                                                                                  from CRISIL
                                                                                  BB/Stable
S D R Commercials Pvt Ltd               CC                 CRISIL B       90      Assigned
(Suspension Revoked)
S S Offshore Pvt Ltd                    TL                 CRISIL BB+     241     Assigned
S S Offshore Pvt Ltd                    Proposed LT Bk     CRISIL BB+     4       Assigned
                                        Loan Fac
S S Offshore Pvt Ltd                    CC                 CRISIL BB+     25      Assigned
S.N.Q.S. Internationals Pvt Ltd         TL                 CRISIL BB      10      Assigned
S.N.Q.S. Internationals Pvt Ltd         Foreign Bill       CRISIL BB      115     Assigned
                                        Purchase
Sagar Pulp and Paper Mills Ltd          CC                 CRISIL BB      30      Reaffirmed
Sagar Pulp and Paper Mills Ltd          Proposed LT Bk     CRISIL BB      50      Reaffirmed
                                        Loan Fac
Sahajanand Laser Technology Ltd         CC                 CRISIL BBB-    100     Assigned
Sai Ganesh Agencies                     Proposed WC Fac    CRISIL B       71.5    Assigned
Sai Ganesh Agencies                     LT Loan            CRISIL B       6       Assigned
Sai Ganesh Agencies                     Overdraft          CRISIL B       32.5    Assigned
Salasar Techno Engineering Ltd          CC                 CRISIL BB+     400     -
(ISSUER NOT COOPERATING)
Salasar Techno Engineering Ltd          Proposed LT Bk     CRISIL BB+     7.5     -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Salasar Techno Engineering Ltd          TL                 CRISIL BB+     32.5    -
(ISSUER NOT COOPERATING)
Santuka Vyapaar Pvt Ltd                 CC                 -              80      Withdrawn
SBI Global Factors Ltd                  CP Programme       CRISIL A1+     10000   Reaffirmed
SBI Life Insurance Co. Ltd              Financial Strength CRISIL AAA     -       Reaffirmed
                                        Ra
SBM Motors                              CC                 CRISIL B+      50      Assigned
SEC Industries Pvt Ltd                  CC                 CRISIL BBB-    80      Reaffirmed
SEC Industries Pvt Ltd                  Proposed BG        CRISIL BBB-    200     Reaffirmed
SEC Industries Pvt Ltd                  Proposed CC Limit  CRISIL BBB-    20      Reaffirmed
SEC Industries Pvt Ltd                  Proposed LT Bk     CRISIL BBB-    370     Reaffirmed
                                        Loan Fac
Selvam Broilers Pvt Ltd                 CC                 CRISIL BB-     170     Reaffirmed
(ISSUER NOT COOPERATING)
Selvam Broilers Pvt Ltd                 LT Loan            CRISIL BB-     6.5     Reaffirmed
(ISSUER NOT COOPERATING)
Shahlon Silk Industries Ltd             Mortgage Loan Fac  CRISIL BB+     96.7    -
Rating Watch with Developing Implications
Shahlon Silk Industries Ltd             CC*                CRISIL BB+     550     -
Rating Watch with Developing Implications
Shahlon Silk Industries Ltd             Proposed LT Bk     CRISIL BB+     5.8     -
                                        Loan Fac
Rating Watch with Developing Implications
Shahlon Silk Industries Ltd             WC TL              CRISIL BB+     42.3    -
Rating Watch with Developing Implications
Shahlon Silk Industries Ltd             LT Loan            CRISIL BB+     295.2   -
Rating Watch with Developing Implications
Shamli Steels Pvt Ltd                   CC                 CRISIL BBB-    70      Assigned
Shamli Steels Pvt Ltd                   LT Loan            CRISIL BBB-    80      Assigned
Shanker Wood Pvt Ltd                    CC                 CRISIL BB      30      Assigned
Shirpur Gold Refinery Ltd               CC                 CRISIL BBB+    325     Reaffirmed
Shirpur Gold Refinery Ltd               Non-FBL#           CRISIL BBB+    1350    Reaffirmed
# Rs.100 crore earmarked for Zee Gold DMCC
Shirpur Gold Refinery Ltd               Proposed LT Bk     CRISIL BBB+    1885    Reaffirmed
                                        Loan Fac
Shirpur Gold Refinery Ltd               TL                 CRISIL BBB+    650     Reaffirmed
Shirpur Gold Refinery Ltd               WC Fac$            CRISIL BBB+    700     Reaffirmed
$ Earmarked for Zee Gold DMCC
Shiv Krupa Enterprises                  BG                 -              50      Withdrawn
(ISSUER NOT COOPERATING)
Shiv Krupa Enterprises                  CC                 -              45      Withdrawn
(ISSUER NOT COOPERATING)
Shiv Krupa Enterprises                  Proposed CC Limit  -              30      Withdrawn
(ISSUER NOT COOPERATING)
Shiv Krupa Enterprises                  Proposed ST Bk     -              5       Withdrawn
                                        Loan Fac
(ISSUER NOT COOPERATING)
Shree Ram Mineral                       CC                 CRISIL BB-     40      Assigned
Shree Ram Mineral                       LT Loan            CRISIL BB-     20      Assigned
Shree Siddhivinayaka Cotton Corporation CC                 CRISIL A       200     Reaffirmed
Shree Siddhivinayaka Cotton Corporation Proposed LT Bk     CRISIL A       35      Reaffirmed
                                        Loan Fac
Shree Siddhivinayaka Cotton Corporation WC Fac             CRISIL A       170     Reaffirmed
Shree Tirupati Cotton Corporation       CC                 CRISIL A       100     Reaffirmed
Shree Tirupati Cotton Corporation       Proposed LT Bk     CRISIL A       15      Reaffirmed
                                        Loan Fac
Shree Tirupati Cotton Corporation       WC Fac             CRISIL A       40      Reaffirmed
Sidhara Exports                         CC                 -              80      Withdrawn
Sidhara Exports                         Standby Line of    -              10      Withdrawn
                                        Credit
SK Petro Services Pvt Ltd               CC/ Overdraft Fac  CRISIL BBB-    80      Assigned
Smart Marine Services Pvt Ltd           CC                 CRISIL BB-     56      Assigned
Smart Marine Services Pvt Ltd           LT Loan            CRISIL BB-     34      Assigned
Sobha Ltd                               CC                 CRISIL A+      5281    Reaffirmed
Sobha Ltd                               TL                 CRISIL A+      17922   Reaffirmed
Reaffirmed
Specialty Polyfilms India Pvt Ltd       CC                 CRISIL BB      102.5   Reaffirmed
Specialty Polyfilms India Pvt Ltd       LT Loan            CRISIL BB      20.6    Reaffirmed
Specialty Polyfilms India Pvt Ltd       Proposed LT Bk     CRISIL BB      30.1    Reaffirmed
                                        Loan Fac
Sri Balaji and Co                       CC                 CRISIL A       300     Reaffirmed
Sri Balaji and Co                       Proposed LT Bk     CRISIL A       7.8     Reaffirmed
                                        Loan Fac
Sri Balaji and Co                       Secured Overdraft  CRISIL A       465     Reaffirmed
                                        against term
                                        deposits
Sri Karpagam Mills India Pvt Ltd        CC                 CRISIL BB      362.5   Reaffirmed
Sri Karpagam Mills India Pvt Ltd        LT Loan            CRISIL BB      82      Reaffirmed
Sri Karpagam Mills India Pvt Ltd        WC Demand Loan     CRISIL BB      50      Assigned
Sri Karpagam Mills India Pvt Ltd        Proposed LT Bk     CRISIL BB      20      Assigned
                                        Loan Fac
Sri Krishna Metcom Ltd                  CC                 CRISIL BBB-    100     Reaffirmed
Sri Krishna Metcom Ltd                  LT Loan            CRISIL BBB-    56.3    Reaffirmed
Sri Krishna Metcom Ltd                  Proposed FB Bk     CRISIL BBB-    2.4     Reaffirmed
                                        Limits
Sri Krishna Metcom Ltd                  Warehouse Receipts CRISIL BBB-    220     Reaffirmed
Sri Krishna Metcom Ltd                  Proposed WC Fac    CRISIL BBB-    147.3   Reaffirmed
Sri Krishna Metcom Ltd                  TL                 CRISIL BBB-    19      Reaffirmed
Sri Krishna Metcom Ltd                  Proposed CC Limit  CRISIL BBB-    200     Reaffirmed
Sri Sai Leela Electrical Projects       CC - Book Debt     CRISIL BB-     45      -
(ISSUER NOT COOPERATING)
Sri Sapthagiri Binny Rice Mill And      CC                 CRISIL BB-     65      Assigned
Paraboiled
Sri Senthilkumar Wood Industries        CC                 CRISIL D       30      Assigned
Sri Senthilkumar Wood Industries        LOC                CRISIL D       70      Assigned
Star Wire India Ltd                     CC                 CRISIL A       1900    Reaffirmed
Star Wire India Ltd                     LT Loan            CRISIL A       2060    Reaffirmed
Star Wire India Ltd                     Proposed CC Limit  CRISIL A       124     Reaffirmed
Suraj Agro Infrastructure (India) Pvt   Proposed LT Bk     CRISIL BB+     550     Assigned
Ltd                                     Loan Fac
T and T Projects Ltd                    CC                 CRISIL BBB     170     Assigned
(Suspension Revoked)
Telawne Power Equipments Pvt Ltd        CC                 CRISIL BB      75      Assigned
Thakur Infraprojects Pvt Ltd            CC                 CRISIL BBB+    135     Reaffirmed
Thakur Infraprojects Pvt Ltd            Overdraft          CRISIL BBB+    30      Reaffirmed
Thakur Infraprojects Pvt Ltd            Proposed LT Bk     CRISIL BBB+    288.4   Reaffirmed
                                        Loan Fac
Thakur Infraprojects Pvt Ltd            TL                 CRISIL BBB+    190     Reaffirmed
Thillai Engineering Works               Proposed WC Fac    CRISIL B+      17.5    Assigned
Thillai Engineering Works               CC                 CRISIL B+      42      Assigned
Thillai Engineering Works               LT Loan            CRISIL B+      10.5    Assigned
Thirumala Service Station               CC                 CRISIL BB-     70      Assigned
TML Industries Ltd                      CC                 CRISIL BB-     40      Reaffirmed
TML Industries Ltd                      LT Loan            CRISIL BB-     100     Reaffirmed
TML Industries Ltd                      Proposed LT Bk     CRISIL BB-     247.2   Reaffirmed
                                        Loan Fac
Transmission Corporation of Andhra      Proposed LT Bk     -              20000   Withdrawn
Pradesh Ltd                             Loan Fac
Transmission Corporation of Andhra      TL                 -              20000   Withdrawn
Pradesh Ltd
Transmission Corporation of Andhra      Bond Series I/2008 CRISIL BB+     3500    Upgraded from
Pradesh Ltd                             (Option A & B)*                           CRISIL D
*Amount outstanding as on March 31, 2014
Transmission Corporation of Andhra      Bond Series I/2006 CRISIL D       305     Withdrawn
Pradesh Ltd                             (Option A)*
*Amount outstanding as on March 31, 2014
Transmission Corporation of Andhra      Bond Series        CRISIL D       1572    Withdrawn
Pradesh Ltd                             II/2006 (Option A)*
*Amount outstanding as on March 31, 2014
Transmission Corporation of Andhra      Bond Series        CRISIL D       1595    Reaffirmed
Pradesh Ltd                             I/2006 (Option B)*
*Amount outstanding as on March 31, 2014
Transmission Corporation of Andhra      Bond Series        CRISIL D       1333    Reaffirmed
Pradesh Ltd                             II/2006 (Option B)*
*Amount outstanding as on March 31, 2014
United Electricals and Transformers     CC                 CRISIL B+      60      Reaffirmed
United Electricals and Transformers     Proposed LT Bk     CRISIL B+      20      Reaffirmed
                                        Loan Fac
Unity Fabtext Industries Pvt Ltd        CC                 CRISIL D       15      Reaffirmed
(ISSUER NOT COOPERATING)
Unity Fabtext Industries Pvt Ltd        LOC                CRISIL D       6       Reaffirmed
(ISSUER NOT COOPERATING)
Unity Fabtext Industries Pvt Ltd        Proposed LT Bk     CRISIL D       19      Reaffirmed
                                        Loan Fac
(ISSUER NOT COOPERATING)
Unity Fabtext Industries Pvt Ltd        TL                 CRISIL D       60      Reaffirmed
(ISSUER NOT COOPERATING)
Vardhaman Nagari Sahakari Patsanstha Ltd-                  -              -       -
Veerchand Harideo Khatri                CC                 CRISIL BB      120     Assigned
Vega Auto Accessories Pvt Ltd           CC                 CRISIL A-      70      Assigned
Veggiecraft Food Pvt Ltd                CC                 CRISIL D       10      Downgraded
                                                                                  from CRISIL B
Veggiecraft Food Pvt Ltd                LT Loan            CRISIL D       75      Downgraded
                                                                                  from CRISIL B
Vijai Marine Services                   CC                 CRISIL BBB-    54      Assigned
(Suspension Revoked)
Vishal Papertech India Ltd              CC                 CRISIL BB      160     -
(ISSUER NOT COOPERATING)
Vishal Papertech India Ltd              Corporate Loan     CRISIL BB      27.3    -
(ISSUER NOT COOPERATING)
Vishal Papertech India Ltd              Proposed LT Bk     CRISIL BB      2.4     -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Vishal Papertech India Ltd              TL                 CRISIL BB      110.3   -
(ISSUER NOT COOPERATING)
Visharam Tanners Common Facility Centre Cash TL            CRISIL B       80      Assigned
Pvt Ltd
Vishwa Pariwar                          Proposed LT Bk     CRISIL B       10      Assigned
                                        Loan Fac
Vishwa Pariwar                          CC                 CRISIL B       40      Assigned
Walwhan Renewable Energy Ltd            Buyer`s Credit     CRISIL AA-     2530    Reaffirmed
Walwhan Renewable Energy Ltd            TL                 CRISIL AA-     19470   Assigned
Wilson Printcity Pvt Ltd                CC                 CRISIL B+      40      Reaffirmed
Wilson Printcity Pvt Ltd                LT Loan            CRISIL B+      18      Reaffirmed
Wilson Printcity Pvt Ltd                Proposed LT Bk     CRISIL B+      2       Reaffirmed
                                        Loan Fac
Wilson Printcity Pvt Ltd                WC Fac             CRISIL B+      50      Assigned
Y.M.R. Constructions                    Proposed BG        CRISIL B       60      Reaffirmed
Y.M.R. Constructions                    Proposed LT Bk     CRISIL B       20      Reaffirmed
                                        Loan Fac
Y.M.R. Constructions                    Proposed Overdraft CRISIL B       12.5    Reaffirmed
                                        Fac
Z Star Commotrade Pvt Ltd               Proposed LT Bk     CRISIL BB      30      Assigned
                                        Loan Fac
Z Star Commotrade Pvt Ltd               CC                 CRISIL BB      40      Assigned



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