July 28, 2020 / 9:25 AM / in 10 days

CRISIL ratings for Indian debt instruments-Jul 28

    Jul 28  - Below are the ratings awarded by Credit Rating Information Service of India
(CRISIL) for local debt instruments as of July 27, 2020.


COMPANY                                INSTRUMENT        RATING        AMOUNT MOVEMENT
                                                                      (RS.MLN)
------                                 ----------        ------        -----  ---------
SHORT TERM RATINGS:
-------------------
A.N. Constructions                     BG                CRISIL A4     30     Assigned
Aditya Birla Fashion and Retail Ltd    CP                CRISIL A1+    20000  -
Anglo India Jute and Textile Industries BG               CRISIL A4+    20     Reaffirmed
Pvt Ltd
Anjali Infratech                       Overdraft         CRISIL A4     3.2    Assigned
Avarampalayam Sarvodaya Sangh          Overdraft         CRISIL A4+    320    Assigned
Avarampalayam Sarvodaya Sangh          Standby Overdraft CRISIL A4+    30     Assigned
                                       Fac
Cleantec Infra Pvt Ltd                 BG                CRISIL A4     40     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Cleantec Infra Pvt Ltd                 Proposed BG       CRISIL A4     70     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Finolex Plasson Industries Pvt Ltd     LOC               CRISIL A2+    730    -
(Upgraded from 'CRISIL A2')
Golden International                   Proposed ST Bk    CRISIL A4     2      -
                                       Loan Fac
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Home Fit Exports                       Packing Credit    CRISIL A4+    170    Reaffirmed
Home Fit Exports                       Proposed NFBL     CRISIL A4+    6      Reaffirmed
J.N.Shetty                             BG                CRISIL A4     100    -
(Issuer Not Cooperating)
J.P.G. Constructions Pvt Ltd           BG                CRISIL A4+    139.3  Reaffirmed
J.P.G. Constructions Pvt Ltd           Proposed NFBL     CRISIL A4+    24     Reaffirmed
Karmen International Pvt Ltd           BG                CRISIL A2+    2.5    Reaffirmed
Karmen International Pvt Ltd           LOC               CRISIL A2+    12.5   Reaffirmed
Karmen International Pvt Ltd           Loan Equivalent   CRISIL A2+    42.5   Reaffirmed
                                       Risk Limits
Karmen International Pvt Ltd           Post Shipment     CRISIL A2+    135    Reaffirmed
                                       Credit
Karmen International Pvt Ltd         Pre Shipment Credit CRISIL A2+    30     Reaffirmed
L. K. And Sons                         BG                CRISIL A4+    50     Assigned
(Assigned; Suspension Revoked)
R. Velumani                            BG                CRISIL A4+    15     Reaffirmed
(Issuer Not Cooperating)
R. Velumani                            Overdraft         CRISIL A4+    60     Reaffirmed
(Issuer Not Cooperating)
Rajendra Chemicals - Sahibabad         Foreign Exchange  CRISIL A4     60     Reaffirmed
                                       Forward
(Issuer Not Cooperating)
Rajlaxmi Construction                  BG                CRISIL A4     120    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Rajshi Constructions Pvt Ltd           BG                CRISIL A4     70     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Ratan Mica Exports Pvt Ltd             Foreign Exchange  CRISIL A4     0.6    -
                                       Forward
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Ratan Mica Exports Pvt Ltd             Post Shipment     CRISIL A4     25     -
                                       Credit
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Ratan Mica Exports Pvt Ltd           Pre Shipment Credit CRISIL A4     31.5   -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Ratan Mica Exports Pvt Ltd             Proposed ST Bk    CRISIL A4     4.4    -
                                       Loan Fac
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Rochem Separation Systems India Pvt Ltd BG               CRISIL A4     225    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Rochem Separation Systems India Pvt Ltd LOC              CRISIL A4     110    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Rochem Separation Systems India Pvt Ltd LOC & BG         CRISIL A4     200    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Rourkela Steel Corporation             BG                CRISIL A4     9      -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Rourkela Steel Corporation             Bill Discounting  CRISIL A4     30     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
S M Sheladiya                          BG                CRISIL A4     42.5   -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Samkit Diamond Export Pvt Ltd          Foreign Exchange  CRISIL A4+    10     Reaffirmed
                                       Forward
Samkit Diamond Export Pvt Ltd          Post Shipment     CRISIL A4+    80     Reaffirmed
                                       Credit
Sanctum Work Wear Pvt Ltd              Packing Credit    CRISIL A4     70     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Sanhit Polymer Pvt Ltd                 BG                CRISIL A4     6.3    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Sekhri Milk Products                   Overdraft         CRISIL A4     20     Assigned
Shree Samtainath Enterprises Pvt Ltd   BG                CRISIL A4     12.5   -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Shree Samtainath Enterprises Pvt Ltd   Bill Discounting  CRISIL A4     10     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Shree Steel Castings Pvt Ltd           BG                CRISIL A4+    3      Assigned
Shree Steel Castings Pvt Ltd           LOC               CRISIL A4+    25     Assigned
Silverstream Plastics & Chemicals    Letter Of Guarantee CRISIL A4     36     -
(Issuer Not Cooperating)

Sunil Chemical Industries              BG                CRISIL A4+    60     Reaffirmed
(Issuer Not Cooperating)
Sunil Chemical Industries              Import LOC Limit  CRISIL A4+    10     Reaffirmed
(Issuer Not Cooperating)
Swim Ceramic                           BG                CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
Telmos Electronics                     BG                CRISIL A4     60     Reaffirmed
(Issuer Not Cooperating)
The Choice Foundation                  Overdraft         CRISIL A4     40     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Thiagarajar Mills Pvt Ltd              Bill Discounting  CRISIL A1     100    Reaffirmed
Thiagarajar Mills Pvt Ltd              LOC               CRISIL A1     318    Reaffirmed
Thiagarajar Mills Pvt Ltd              Packing Credit    CRISIL A1     720    Reaffirmed
Three Seasons Logistics Pvt Ltd        BG                CRISIL A4     5      Reaffirmed
(Issuer Not Cooperating)
Triway Container Freight Station Pvt Ltd BG              CRISIL A4     30     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
TRP Sealing Systems India Pvt Ltd      BG                CRISIL A4     15     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
TRP Sealing Systems India Pvt Ltd      LOC               CRISIL A4     50     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Two Brothers Holding Ltd               Packing Credit in CRISIL A4     155    -
                                       Foreign Currency
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
V3 Engineers Pvt Ltd                   BG                CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
V3 Engineers Pvt Ltd                   LOC               CRISIL A4     20     Reaffirmed
(Issuer Not Cooperating)
Vadhi Steels Pvt Ltd                   BG                CRISIL A4     2.5    Reaffirmed
(Issuer Not Cooperating)
Valora Plywood Pvt Ltd                 LOC               CRISIL A4     39     Reaffirmed
(Issuer Not Cooperating)
Vandemataram Projects Pvt Ltd          BG                CRISIL A4     100    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Vardhman Global Infrastructures Pvt Ltd BG               CRISIL A4     80     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Vedant Fashions Pvt Ltd                CP Programme      CRISIL A1+    100    -
Vijaya Diagnostic Centre Pvt Ltd       Overdraft         CRISIL A4     10     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
LONG TERM RATINGS:
-------------------
A.N. Constructions                     TL                CRISIL        5      Assigned
                                                         B+/Stable
A.N. Constructions                     CC                CRISIL        25     Assigned
                                                         B+/Stable
Aditya Birla Fashion and Retail Ltd    CC*               CRISIL        5130   Reaffirmed
                                                         AA/Stable
(*Interchangeable with WCDL/STL)
Aditya Birla Fashion and Retail Ltd    CC#               CRISIL        4900   Reaffirmed
                                                         AA/Stable
(#Interchangeable with WCDL)
Aditya Birla Fashion and Retail Ltd    CC**              CRISIL        7450   Reaffirmed
                                                         AA/Stable
(**Interchangeable with WCDL/STL/BC/EPC)
Aditya Birla Fashion and Retail Ltd    LT Loan           CRISIL        4220   Reaffirmed
                                                         AA/Stable
Aditya Birla Fashion and Retail Ltd    Proposed LT Bk    CRISIL        50     -
                                       Loan Fac          AA/Stable
Aditya Birla Fashion and Retail Ltd    WC Demand Loan    CRISIL        1500   -
                                                         AA/Stable
Aditya Birla Fashion and Retail Ltd    WC Demand Loan^   CRISIL        1750   -
                                                         AA/Stable
(^Interchangeable with CC/STL/BC/EPC)
Aditya Birla Fashion and Retail Ltd    NCD               CRISIL        5000   -
                                                         AA/Stable
Aditya Birla Fashion and Retail Ltd    NCD               CRISIL        3000   -
                                                         AA/Stable
Aditya Birla Fashion and Retail Ltd    NCD               CRISIL        4000   -
                                                         AA/Stable
Amkap Marketing Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Anglo India Jute and Textile Industries CC               CRISIL        100    Reaffirmed
Pvt Ltd                                                  BB/Stable
Anglo India Jute and Textile Industries LT Bk Fac        CRISIL        25.5   Reaffirmed
Pvt Ltd                                                  BB/Stable
Anglo India Jute and Textile Industries LT Loa           CRISIL        75     Assigned
Pvt Ltd                                                  BB/Stable
Anjali Infratech                       Proposed LT Bk    CRISIL        46.8   Assigned
                                       Loan Fac          B+/Stable
Aqua Geno Exim                         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Arun Vidyuth Pvt Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Avarampalayam Sarvodaya Sangh          WC Demand Loan    CRISIL        130    Assigned
                                                         BB+/Stable
Baliboina Sivaprasad                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bioworld Merchandising India Pvt Ltd   CC                CRISIL        120    Reaffirmed
                                                         BB/Stable
(ISSUER NOT COOPERATING; Rating Migrated*)
Cleantec Infra Pvt Ltd                 CC                CRISIL        20     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Cleantec Infra Pvt Ltd                 Proposed LT Bk    CRISIL        20     -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
CreditAccess Grameen Ltd               Proposed LT Bk    CRISIL        20000  Assigned
                                       Loan Fac          A+/Stable
CreditAccess Grameen Ltd               NCD               CRISIL        250    Assigned
                                                         A+/Stable
Elavin Chemtech Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Empire Home Appliances Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Ewire Softtech Pvt Ltd                 Proposed LT Bk    CRISIL        100    Assigned
                                       Loan Fac          B+/Stable
Fincare Small Finance Bank Ltd         Series A1 PTCs    CRISIL A+     -      Withdrawn
Finolex Plasson Industries Pvt Ltd     CC                CRISIL        105    -
                                                         A-/Stable
(Upgraded from 'CRISIL BBB+/Positive')
Finolex Plasson Industries Pvt Ltd     TL                CRISIL        155    -
                                                         A-/Stable
(Upgraded from 'CRISIL BBB+/Positive')
Finvent Finance and Investments Ltd    Proposed LT Bk    CRISIL        210    Reaffirmed
                                       Loan Fac          B+/Negative
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Five-Star Business Finance Ltd         FSBF PCG DA MAR   CRISIL AA-    -      Final Rating
                                       2020 II -Acquirer
                                       Payout
(Converted from Provisional Rating to Final Rating)
Fortune Marketing Pvt Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
G.R.S. Ispat Company Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Golden International                   CC                CRISIL        98     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Goldline Pharmaceutical Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Green Village Agros Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Guruvayoor Infrastructure Pvt Ltd      NCD               CRISIL        1000   Withdrawn
                                                         BB+/Stable
 
Heritage Finlease Ltd                  CC                CRISIL        250    -
                                                         BBB-/Stable
(Migrated from 'CRISIL BB/Stable)
Heritage Finlease Ltd                  Proposed CC Limit CRISIL        250    Assigned
                                                         BBB-/Stable
(Migrated from 'CRISIL BB/Stable)
Himalayan Bio Organic Foods Pvt Ltd    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Hira Coal Mines Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Home Fit Exports                       Bill Discounting  CRISIL        50     Reaffirmed
                                                         BB/Stable
Home Fit Exports                      Credit Limit Under CRISIL        44     Reaffirmed
                                       Gold Card         BB/Stable
Hotel Pearl Avenue                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
ITFT Consultancy Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
J And J Associates.                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
J.N.Shetty                             CC                CRISIL        150    -
                                                         B+/Stable
(Issuer Not Cooperating)
J.P.G. Engineers Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
J.V Agro Exports                       CC              CRISIL B/Stable 25     Assigned
J.V Agro Exports                       Proposed FB Bk  CRISIL B/Stable 71.4   Assigned
                                       Limits
Kalpaka Transport Co Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Karamat Tanning Industries             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Karmen International Pvt Ltd           CC                CRISIL        2.5    Reaffirmed
                                                         BBB+/Stable
Karmen International Pvt Ltd           Fund & NFBL       CRISIL        100    Reaffirmed
                                                         BBB+/Stable
Karmen International Pvt Ltd           Proposed BG       CRISIL        3.6    Reaffirmed
                                                         BBB+/Stable
Karmen International Pvt Ltd           WC Fac            CRISIL        150    Assigned
                                                         BBB+/Stable
Karmen International Pvt Ltd           TL                CRISIL        21.4   Assigned
                                                         BBB+/Stable
Kerala Transport Company               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kolhapur Municipal Corporation         Corporate Credit  CCR BBB/Stable       -
                                       Rating
(ISSUER NOT COOPERATING; Migrated from 'CCR BBB+/Stable)
Kumar Feeds And Biotech Pvt Ltd        CC                CRISIL        20     Reaffirmed
                                                         B/Stable
(Migrated from 'CRISIL B/Stable)
Kumar Feeds And Biotech Pvt Ltd        Proposed FB Bk    CRISIL        37.8   Reaffirmed
                                       Limits            B/Stable
(Migrated from 'CRISIL B/Stable)
Kumar Feeds And Biotech Pvt Ltd        TL                CRISIL        42.2   Reaffirmed
                                                         B/Stable
(Migrated from 'CRISIL B/Stable)
L. K. And Sons                         CC                CRISIL        60     Assigned
                                                         BB-/Stable
(Assigned; Suspension Revoked)
M S Gold and Diamonds                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
MA Sarsinsa Steels Pvt Ltd             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Maharashtra Cricket Association        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Nuevo Polymers Pvt Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Oriana Power Pvt Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
P.S.R. Granites Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Pimpri Chinchwad Municipal Corporation Bond              CRISIL        2000   Reaffirmed
                                                         AA/Stable
PVS Memorial Hospital Pvt Ltd          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
R. G. International Pvt Ltd            CC                CRISIL D      600    -
(ISSUER NOT COOPERATING; Downgraded from 'CRISIL BB/Stable')
R. Velumani                            Proposed LT Bk    CRISIL        20     Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
Rahul Cables Pvt Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Rai Infrastructure                     CC                CRISIL        126    -
                                                         BB-/Stable
(Upgraded from 'CRISIL B+/Stable')
Rai Infrastructure                     TL                CRISIL        37     -
                                                         BB-/Stable
(Upgraded from 'CRISIL B+/Stable')
Rajasthan Industries                   CC                CRISIL        150    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Rajendra Chemicals - Sahibabad         Proposed LT Bk  CRISIL B/Stable 40     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Rajib Cashew Processing Pvt Ltd        CC                CRISIL        109    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Rajlaxmi Construction                  CC                CRISIL        130    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Rajlaxmi Construction                  Proposed LT Bk    CRISIL        50     -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Rajni Exports & Imports                CC                CRISIL        150    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Rajni Exports & Imports                Proposed LT Bk    CRISIL        100    Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
Rajshi Constructions Pvt Ltd           Overdraft         CRISIL        20     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Rajshi Constructions Pvt Ltd           Proposed BG       CRISIL        30     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Rajshi Constructions Pvt Ltd           Proposed LT Bk    CRISIL        79.9   -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Ramsons & Co                           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Ratan Mica Exports Pvt Ltd             CC                CRISIL        3.5    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Ridley Life Science Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Ritvik Steel Pvt Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Rochem Separation Systems India Pvt Ltd CC               CRISIL        600    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Rochem Separation Systems India Pvt Ltd TL               CRISIL        65     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Roto Pumps Ltd                         CC                -             290    Withdrawn
Roto Pumps Ltd                         Non-FBL           -             75     Withdrawn
Rourkela Steel Corporation             CC                CRISIL        45     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Rourkela Steel Corporation             Proposed LT Bk    CRISIL        16     -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
S M Sheladiya                          CC                CRISIL        3      -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
S M Sheladiya                          Proposed LT Bk    CRISIL        14.5   -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
S.N.R. Traders                         CC                CRISIL        19     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
S.N.R. Traders                         LT Loan           CRISIL        1      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
S.N.R. Traders                         Proposed WC Fac   CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sahanu Sponge And Power Pvt Ltd        CC                CRISIL        100    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Sai Raghavendra Rice Industries        CC                CRISIL        41.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sai Raghavendra Rice Industries        LT Loan           CRISIL        14.7   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Sai Raghavendra Rice Industries        Proposed LT Bk    CRISIL        18.8   Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Sai Raghavendra Rice Industries        SME Credit        CRISIL        5      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Salia Polymers Pvt Ltd                 CC                CRISIL        45     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Salia Polymers Pvt Ltd                 LT Loan           CRISIL        25     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Samrat Electronics                     CC                CRISIL        55     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Sanctum Work Wear Pvt Ltd              CC                CRISIL        30     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Sanctum Work Wear Pvt Ltd              TL                CRISIL        7.5    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Sanhit Polymer Pvt Ltd                 CC                CRISIL        11     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Sanhit Polymer Pvt Ltd                 Proposed LT Bk    CRISIL        10.7   -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Santosh Enterprises                    Bill Discounting  CRISIL D      20     Reaffirmed
(Issuer Not Cooperating)
Santosh Enterprises                    CC                CRISIL D      22.5   Reaffirmed
(Issuer Not Cooperating)
Santosh Enterprises                    CC/ Overdraft Fac CRISIL D      15     Reaffirmed
(Issuer Not Cooperating)
Santosh Enterprises                    Proposed WC Fac   CRISIL D      12.5   Reaffirmed
(Issuer Not Cooperating)
Sardhana Papers Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
SB Cars Pvt Ltd                        CC                CRISIL        120    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
SB Cars Pvt Ltd                        Electronic Dealer CRISIL        110    -
                                       Financing         B+/Stable
                                       Scheme(e-DFS)
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
SB Cars Pvt Ltd                        Proposed FB Bk    CRISIL        10     -
                                       Limits            B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
SB Cars Pvt Ltd                        TL                CRISIL        30     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
SB Cars Pvt Ltd                        WC Fac            CRISIL        30     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
SBT Textiles Pvt Ltd                   CC                CRISIL        50     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
SBT Textiles Pvt Ltd                   Proposed TL       CRISIL        1.1    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
SBT Textiles Pvt Ltd                   TL                CRISIL        7.9    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Sea Hawk Enterprises Pvt Ltd           CC                CRISIL        90     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Sekhri Milk Products                   TL                CRISIL        53     Assigned
                                                         B/Stable
Sekhri Milk Products                   Proposed LT Bk    CRISIL        27     Assigned
                                       Loan Fac          B/Stable
SGS Iron and Steels Pvt Ltd            CC                CRISIL        85     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Shamshree Lifesciences Ltd             CC                CRISIL D      100    Reaffirmed
(Issuer Not Cooperating)
Shamshree Lifesciences Ltd             Corporate Loan    CRISIL D      11.2   Reaffirmed
(Issuer Not Cooperating)
Shamshree Lifesciences Ltd             LOC               CRISIL D      50     Reaffirmed
(Issuer Not Cooperating)
Shamshree Lifesciences Ltd             Proposed LT Bk    CRISIL D      13     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Shamshree Lifesciences Ltd             TL                CRISIL D      112.1  Reaffirmed
(Issuer Not Cooperating)
Shivashish Motors India Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shivin CA Store                        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shobha Asars Pvt Ltd                   CC                CRISIL        180    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Shobha Asars Pvt Ltd                   Proposed LT Bk    CRISIL        20     -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Shree Kamtanath Oils Pvt Ltd           CC                CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shree Kamtanath Oils Pvt Ltd           Proposed CC Limit CRISIL        37     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shree Kamtanath Oils Pvt Ltd           TL                CRISIL        13     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shree Samtainath Enterprises Pvt Ltd   CC                CRISIL        37.5   -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Shree Samtainath Enterprises Pvt Ltd   Proposed LT Bk    CRISIL        40     -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Shree Steel Castings Pvt Ltd           CC                CRISIL        45     Assigned
                                                         BB-/Stable
Shree Steel Castings Pvt Ltd           LT Loan           CRISIL        28.3   Assigned
                                                         BB-/Stable
Shree Steel Castings Pvt Ltd           Proposed WC Fac   CRISIL        8.7    Assigned
                                                         BB-/Stable
Shri Ganga Vehicles Pvt Ltd            CC                CRISIL        79.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shri Navalai Enterprises               CC                CRISIL        3.5    Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Shri Navalai Enterprises               Proposed FB Bk    CRISIL        56.5   Reaffirmed
                                       Limits            B/Stable
(Issuer Not Cooperating)
Shunty Bunty Automobiles Pvt Ltd       CC                CRISIL        147.5  Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shunty Bunty Automobiles Pvt Ltd       Electronic Dealer CRISIL        100    Reaffirmed
                                       Financing         B+/Stable
                                       Scheme(e-DFS)
(Issuer Not Cooperating)
Shunty Bunty Automobiles Pvt Ltd       Loan Against      CRISIL        20     Reaffirmed
                                       Property          B+/Stable
(Issuer Not Cooperating)
Shunty Bunty Automobiles Pvt Ltd       TL                CRISIL        32.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Silverstream Plastics & Chemicals      CC                CRISIL        64     -
                                                         B+/Stable
(Issuer Not Cooperating)
Smriti Apparels Pvt Ltd                LOC               CRISIL D      30     Reaffirmed
(Issuer Not Cooperating)
Smriti Apparels Pvt Ltd                LT Loan           CRISIL D      2.4    Reaffirmed
(Issuer Not Cooperating)
Smriti Apparels Pvt Ltd                Packing Credit    CRISIL D      95     Reaffirmed
(Issuer Not Cooperating)
SP Sugar & Agro Pvt Ltd                CC              CRISIL B/Stable 50     -
SP Sugar & Agro Pvt Ltd                LT Loan         CRISIL B/Stable 250    -
Sri Lakshmi Narayana Rice Mill         CC                CRISIL        172.5  Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Sri Lakshmi Venkata Krishna Raw &      CC                CRISIL        280    -
Boiled Rice Mill                                         B+/Stable
 
Sri Lakshmi Venkata Krishna Raw &      LT Loan           CRISIL        15     -
Boiled Rice Mill                                         B+/Stable
 
Sri Lakshmi Venkata Krishna Raw &      Proposed CC Limit CRISIL        120    -
Boiled Rice Mill                                         B+/Stable
 
Sri Lakshmi Venkata Krishna Raw &      Proposed LT Bk    CRISIL        5      -
Boiled Rice Mill                       Loan Fac          B+/Stable
 
Sri Laxmi Narasimhaa Spinning Mill Pvt CC                CRISIL D      80     Reaffirmed
Ltd
(Issuer Not Cooperating)
Sri Laxmi Narasimhaa Spinning Mill Pvt LT Loan           CRISIL D      70     Reaffirmed
Ltd
(Issuer Not Cooperating)
Sri Laxmi Narasimhaa Spinning Mill Pvt Proposed LT Bk    CRISIL D      20     Reaffirmed
Ltd                                    Loan Fac
(Issuer Not Cooperating)
Sri Laxmi Narasimhaa Spinning Mill Pvt WC TL             CRISIL D      30     Reaffirmed
Ltd
(Issuer Not Cooperating)
Sri Vijaya Durga Parboiled Rice        CC                CRISIL        50     Reaffirmed
Industries                                               B+/Stable
(Issuer Not Cooperating)
Sri Vijaya Durga Parboiled Rice        Proposed LT Bk    CRISIL        47     Reaffirmed
Industries                             Loan Fac          B+/Stable
(Issuer Not Cooperating)
Staywell Formulation Pvt Ltd           CC                CRISIL D      70     Reaffirmed
(Issuer Not Cooperating)
Staywell Formulation Pvt Ltd           Proposed LT Bk    CRISIL D      20     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Staywell Formulation Pvt Ltd           TL                CRISIL D      30     Reaffirmed
(Issuer Not Cooperating)
Sunil Chemical Industries              Bill Discounting  CRISIL        15     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Sunrise Industries                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Supreme Construction And Developers Pvt Overdraft        CRISIL        100    -
Ltd                                                      B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Supreme Construction And Developers Pvt TL               CRISIL        150    -
Ltd                                                      B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Surya Contractors Pvt Ltd              CC                CRISIL        80     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Surya Contractors Pvt Ltd              Proposed LT Bk    CRISIL        250    -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Swim Ceramic                           CC                CRISIL        30     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Swim Ceramic                           Proposed LT Bk    CRISIL        11.1   Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Swim Ceramic                           TL                CRISIL        48.9   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
T R Sawhney Automobiles Pvt Ltd        Inventory Funding CRISIL        600    -
                                       Fac               B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
T.C. Agro Food Industries              CC                CRISIL        450    Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
T.R.Chemicals Ltd                      BG                CRISIL D      10     Reaffirmed
(Issuer Not Cooperating)
T.R.Chemicals Ltd                      CC                CRISIL D      90     Reaffirmed
(Issuer Not Cooperating)
T.R.Chemicals Ltd                      Funded Interest TLCRISIL D      8.6    Reaffirmed
(Issuer Not Cooperating)
T.R.Chemicals Ltd                      Proposed LT Bk    CRISIL D      28.8   Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
T.R.Chemicals Ltd                      TL                CRISIL D      19.1   Reaffirmed
(Issuer Not Cooperating)
T.R.Chemicals Ltd                      WC TL             CRISIL D      13.5   Reaffirmed
(Issuer Not Cooperating)
Team Krian                             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Telmos Electronics                     CC                CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Thampuran Cashews                      CC                CRISIL D      100    Reaffirmed
(Issuer Not Cooperating)
Thampuran Cashews                      Packing Credit in CRISIL D      50     Reaffirmed
                                       Foreign Currency
(Issuer Not Cooperating)
The Aarko Pipe Gram Udyog Regd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
The Choice Foundation                  LT Loan           CRISIL        149.6  -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
The Vikaasa Trust                      Cash TL           CRISIL        100    Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Thiagarajar Mills Pvt Ltd              CC                CRISIL        342    Reaffirmed
                                                         A-/Stable
Thiagarajar Mills Pvt Ltd              LT Loan           CRISIL        100    Reaffirmed
                                                         A-/Stable
Thiagarajar Mills Pvt Ltd              TL                CRISIL        220    Assigned
                                                         A-/Stable
Three Seasons Logistics Pvt Ltd        LT Loan           CRISIL        100    Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Three Seasons Logistics Pvt Ltd        Proposed TL       CRISIL        2      Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Three Seasons Logistics Pvt Ltd        TL                CRISIL        13     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Tough Bags                             CC                CRISIL        70     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Tough Bags                             Proposed CC Limit CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Trans Engineers India Pvt Ltd          Proposed LT Bk    CRISIL        300    -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Trikuta Plastics Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Triway Container Freight Station Pvt Ltd Loan Against    CRISIL        75     -
                                       Property          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Triway Container Freight Station Pvt Ltd LT Loan         CRISIL        280    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Triway Container Freight Station Pvt Ltd Proposed LT Bk  CRISIL        15     -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
TRP Sealing Systems India Pvt Ltd      CC                CRISIL        40     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
TRP Sealing Systems India Pvt Ltd      LT Loan           CRISIL        100    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Tushar Fabrics                         CC                CRISIL D      45     Reaffirmed
(Issuer Not Cooperating)
Tushar Fabrics                         LOC               CRISIL D      10     Reaffirmed
(Issuer Not Cooperating)
Tushar Fabrics                         TL                CRISIL D      6.2    Reaffirmed
(Issuer Not Cooperating)
Two Brothers Holding Ltd               Proposed LT Bk    CRISIL        5      -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
UTM Engineering Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
V.R. Spinning Mills Pvt Ltd            CC                CRISIL        25     -
                                                         B+/Stable
 
V.R. Spinning Mills Pvt Ltd            Corporate Loan    CRISIL        10     -
                                                         B+/Stable
 
V3 Engineers Pvt Ltd                   CC                CRISIL        80     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
V3 Engineers Pvt Ltd                   Proposed LT Bk    CRISIL        92.8   Reaffirmed
                                       Loan Fac          B-/Stable
(Issuer Not Cooperating)
Vadhi Steels Pvt Ltd                   CC                CRISIL        25     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Vadhi Steels Pvt Ltd                   Proposed LT Bk    CRISIL        46     Reaffirmed
                                       Loan Fac          B-/Stable
(Issuer Not Cooperating)
Vadhi Steels Pvt Ltd                   TL                CRISIL        26.5   Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Vaishnovi Infratech Ltd                BG                CRISIL D      550    Reaffirmed
(Issuer Not Cooperating)
Vaishnovi Infratech Ltd                CC                CRISIL D      250    Reaffirmed
(Issuer Not Cooperating)
Valora Plywood Pvt Ltd                 CC                CRISIL        12.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Valora Plywood Pvt Ltd                 Proposed LT Bk    CRISIL        2.1    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Valora Plywood Pvt Ltd                 Standby Line of   CRISIL        2.5    Reaffirmed
                                       Credit            B+/Stable
(Issuer Not Cooperating)
Valora Plywood Pvt Ltd                 TL                CRISIL        3.9    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vama Wovenfab Pvt Ltd                  CC                CRISIL D      65     Reaffirmed
(Issuer Not Cooperating)
Vama Wovenfab Pvt Ltd                  LT Loan           CRISIL D      105.7  Reaffirmed
(Issuer Not Cooperating)
Vardhman Global Infrastructures Pvt Ltd CC               CRISIL        7.5    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Vardhman Global Infrastructures Pvt Ltd CC/Overdraft Fac CRISIL        10     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Varun Road Carriers                    Proposed LT Bk    CRISIL        50     Reaffirmed
                                       Loan Fac          B/Stable
Vedant Fashions Pvt Ltd                Line of Credit    CRISIL        300    Reaffirmed
                                                         AA-/Stable
Vedant Fashions Pvt Ltd                Overdraft         CRISIL        800    Reaffirmed
                                                         AA-/Stable
Vedant Fashions Pvt Ltd                WC Demand Loan    CRISIL        100    Reaffirmed
                                                         AA-/Stable
Vedanta Metal Products                 CC                CRISIL        40     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Vedanta Metal Products                 Proposed TL       CRISIL        25     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Velohar Infra Pvt Ltd                  BG                CRISIL D      50     Reaffirmed
(Issuer Not Cooperating)
Velohar Infra Pvt Ltd                  CC                CRISIL D      30     Reaffirmed
(Issuer Not Cooperating)
Velohar Infra Pvt Ltd                  Proposed LT Bk    CRISIL D      20     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Venkatalakshmi Paper And Boards Pvt Ltd CC               CRISIL        225    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
VGP Marine Kingdom Pvt Ltd             TL                CRISIL        687    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Vidhatri Motors Pvt Ltd                CC                CRISIL        12     -
                                                         B-/Stable
(Upgraded from 'CRISIL D')
Vidhatri Motors Pvt Ltd                Inventory Funding CRISIL        80     -
                                       Fac               B-/Stable
(Upgraded from 'CRISIL D')
Vidhatri Motors Pvt Ltd                LT Loan           CRISIL        8      -
                                                         B-/Stable
(Upgraded from 'CRISIL D')
Vijaya Diagnostic Centre Pvt Ltd       CC                CRISIL        20     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Vijaya Diagnostic Centre Pvt Ltd       LT Loan           CRISIL        260    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Vijaya Diagnostic Centre Pvt Ltd       Proposed LT Bk    CRISIL        110    -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Vinay Kumar Dixit                      Proposed FB Bk    CRISIL        25     Reaffirmed
                                       Limits            B/Stable
(Issuer Not Cooperating)
Vinay Kumar Dixit                      TL                CRISIL        65     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Vindhya Cereals Pvt Ltd                CC                CRISIL D      320    Reaffirmed
(Issuer Not Cooperating)
Vindhya Cereals Pvt Ltd                Proposed LT Bk    CRISIL D      16.2   Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Vindhya Cereals Pvt Ltd                TL                CRISIL D      43.8   Reaffirmed
(Issuer Not Cooperating)
Vivekananda Education Trust – Medinipur CC               CRISIL        13.1   -
                                                         B+/Stable
( (ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable))
Vivekananda Education Trust – Medinipur LT Loan          CRISIL        66.9   -
                                                         B+/Stable
( (ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable))
VSR Infratech Pvt Ltd                  Proposed TL       CRISIL        350    Assigned
                                                         BB+/Stable
West Bengal Hosiery Park Infrastructure TL               CRISIL        270    Reaffirmed
Ltd                                                      BB+/Stable
(Issuer Not Cooperating)
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.

BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.

(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at rru.data@refinitiv.com)
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