June 23, 2020 / 8:26 AM / 20 days ago

CRISIL ratings for Indian debt instruments-Jun 23

   Jun 23 - Below are the ratings awarded by Credit Rating Information Service of India (CRISIL)
for local debt instruments as of June 22, 2020.


COMPANY                                INSTRUMENT        RATING        AMOUNT MOVEMENT
                                                                      (RS.MLN)
------                                 ----------        ------        -----  ---------
SHORT TERM RATINGS:
-------------------
Advance Panels and Switchgears Pvt Ltd BG                CRISIL A3+    120    Reaffirmed
Ammarun Foundries                      BG                CRISIL A4+    10     Reaffirmed
Ammarun Foundries                      Inland/Import LOC CRISIL A4+    10     Reaffirmed
Analogic Controls India Ltd            BG                CRISIL A4+    65     Reaffirmed
(Issuer Not Cooperating)
Anucool Industrial Aids Pvt Ltd        BG                CRISIL A4+    30     Reaffirmed
(Issuer Not Cooperating)
Argent Constructions Pvt Ltd           Proposed BG       CRISIL A4     30     Reaffirmed
(Issuer Not Cooperating)
ASR Multimetals Pvt Ltd                BG                CRISIL A2     20     -
ASR Multimetals Pvt Ltd                LOC               CRISIL A2     390    -
Assorted Food Packers Pvt Ltd          Bill Purchase     CRISIL A4     5      Reaffirmed
(Issuer Not Cooperating)
Assorted Food Packers Pvt Ltd          LOC               CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
Assorted Food Packers Pvt Ltd          Overdraft         CRISIL A4     1      Reaffirmed
(Issuer Not Cooperating)
Assorted Food Packers Pvt Ltd          Packing Credit    CRISIL A4     44     Reaffirmed
(Issuer Not Cooperating)
Avon Tubetech Pvt Ltd                  BG                CRISIL A4+    5      Reaffirmed
(Issuer Not Cooperating)
Avon Tubetech Pvt Ltd                  Inland/Import LOC CRISIL A4+    215    Reaffirmed
(Issuer Not Cooperating)
Avon Tubetech Pvt Ltd                  LOC               CRISIL A4+    150    Reaffirmed
(Issuer Not Cooperating)
Axa Parenterals Ltd                    Inland/Import LOC CRISIL A2     70     Assigned
Basant Agencies                        BG                CRISIL A4+    8      Reaffirmed
(Issuer Not Cooperating)
Bindal Smelting Pvt Ltd                LOC               CRISIL A4+    20     Reaffirmed
(Issuer Not Cooperating)
Cosmic Consumer Goods Pvt Ltd          LOC               CRISIL A4+    120    Reaffirmed
(Issuer Not Cooperating)
Cosmic Consumer Goods Pvt Ltd          Proposed ST Bk    CRISIL A4+    10     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Crown Engineering Enterprises          Proposed LOC      CRISIL A4     50     Reaffirmed
(Issuer Not Cooperating)
CSM Technologies Pvt Ltd               BG                CRISIL A3     130    Reaffirmed
Cytech Coatings Pvt Ltd                Foreign Exchange  CRISIL A4     1      Reaffirmed
                                       Forward
Cytech Coatings Pvt Ltd                LOC               CRISIL A4     60     Reaffirmed
Cytech Coatings Pvt Ltd                Packing Credit    CRISIL A4     31.5   -
D. B. Gupta                            BG                CRISIL A4     13     Reaffirmed
(Issuer Not Cooperating)
Denis Chem Lab Ltd                     BG                CRISIL A3     37.5   Reaffirmed
Denis Chem Lab Ltd                     Foreign Exchange  CRISIL A3     2.5    Reaffirmed
                                       Forward
Denis Chem Lab Ltd                     LOC               CRISIL A3     47.5   Reaffirmed
Denis Chem Lab Ltd                     LOC Bill          CRISIL A3     8      Reaffirmed
                                       Discounting
Dooars Plantation And Industries Ltd   BG                CRISIL A4+    4      Reaffirmed
(Issuer Not Cooperating)
Exodus Ispat Pvt Ltd                   LOC               CRISIL A4+    10     Reaffirmed
Finepac Structures Pvt Ltd             BG                CRISIL A4+    29     Reaffirmed
(Issuer Not Cooperating)
Finepac Structures Pvt Ltd             Bill Purchase     CRISIL A4+    8      Reaffirmed
                                       Discounting Fac
(Issuer Not Cooperating)
Finepac Structures Pvt Ltd             Packing Credit in CRISIL A4+    25     Reaffirmed
                                       Foreign Currency
(Issuer Not Cooperating)
G.C. Chemie Pharmie Ltd                LOC$              CRISIL A2+    196    Reaffirmed
($Sublimit of Rs 1 crore towards bank guarantee; Interchangeable with buyer's credit)
G.C. Chemie Pharmie Ltd                LOC#              CRISIL A2+    200    Reaffirmed
(#Sublimit of Rs 10 crore towards cash credit / WCDL)
Gadre Marine Export                    BG                CRISIL A2     10     Reaffirmed
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Gadre Marine Export                    Packing Credit    CRISIL A2     180    Reaffirmed
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Gadre Marine Export Pvt Ltd            BG                CRISIL A1     30     Reaffirmed
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Gadre Marine Export Pvt Ltd            Packing Credit    CRISIL A1     1830   Reaffirmed
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Green Infra Wind Energy Ltd            ST Loan^          CRISIL A1+    2000   Reaffirmed
(^ Fully interchangeable with bank guarantee, letter of credit and overdraft facility)
Haryana Oils and Soya Ltd              LOC               CRISIL A4+    950    Reaffirmed
(Issuer Not Cooperating)
Hotel Tuli International               BG                CRISIL A4     0.7    Reaffirmed
(Issuer Not Cooperating)
Hotel Tuli International               Overdraft         CRISIL A4     50     Reaffirmed
(Issuer Not Cooperating)
Image Labels Pvt Ltd                   BG                CRISIL A4+    6      Reaffirmed
(Issuer Not Cooperating)

Jamshedpur Transport Co Ltd            BG                CRISIL A4+    25     Reaffirmed
(Issuer Not Cooperating)
JCBL Ltd                               BG                CRISIL A4     60     Reaffirmed
(Issuer Not Cooperating)
JCBL Ltd                               Foreign Exchange  CRISIL A4     20     Reaffirmed
                                       Forward
(Issuer Not Cooperating)
JCBL Ltd                               Inland/Import LOC CRISIL A4     220    Reaffirmed
(Issuer Not Cooperating)
JOP International Ltd                  BG                CRISIL A4+    53.9   Reaffirmed
(Issuer Not Cooperating)
K.D.Liquor and Fertilizer Pvt Ltd      BG                CRISIL A4+    40     Reaffirmed
(Issuer Not Cooperating)
Kadinya Enterprise                     LOC               CRISIL A4     19     Reaffirmed
Kansara Forge And Wires Pvt Ltd        LOC               CRISIL A4     20     Reaffirmed
(Issuer Not Cooperating)
Keen and Core Developers               BG                CRISIL A4     50     Reaffirmed
(Issuer Not Cooperating)
Leena Electro Mechanical Pvt Ltd       BG                CRISIL A4+    95     Reaffirmed
(Issuer Not Cooperating)
Leena Electro Mechanical Pvt Ltd       LOC               CRISIL A4+    95     Reaffirmed
(Issuer Not Cooperating)
Leena Electro Mechanical Pvt Ltd       Overdraft         CRISIL A4+    15     Reaffirmed
(Issuer Not Cooperating)
Legend Ceramic Pvt Ltd                 BG                CRISIL A4+    10     Reaffirmed
(Issuer Not Cooperating)
Lion Manpower Solutions Pvt Ltd        BG                CRISIL A4+    50     Reaffirmed
M/s. Dadabhai Hathibhai                BG                CRISIL A4+    40     Reaffirmed
(Issuer Not Cooperating)
Manickavel Edible Oils Pvt Ltd         LOC               CRISIL A4+    3100   Reaffirmed
(Issuer Not Cooperating)
Mekala Venkateswara Rao                BG                CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
Mohan Clothing Co. Pvt Ltd             Proposed ST Bk    CRISIL A2+    20     Reaffirmed
                                       Loan Fac
(Removed from 'Rating Watch with Developing Implications'; Rating Reaffirmed)
Mohla Construction Co.                 BG                CRISIL A4+    20     Reaffirmed
(Issuer Not Cooperating)
Northern Electric Cables Pvt Ltd       Overdraft         CRISIL A4     66     Assigned
Parani Spinning Mills Pvt Ltd          Inland/Import LOC CRISIL A4     30     Reaffirmed
(Issuer Not Cooperating)
Rays Power Infra Pvt Ltd               BG                CRISIL A2     978.5  Reaffirmed
Rays Power Infra Pvt Ltd               LOC               CRISIL A2     150    Reaffirmed
Rays Power Infra Pvt Ltd               Proposed BG       CRISIL A2     261.5  Reaffirmed
Rays Power Infra Pvt Ltd               Proposed LOC      CRISIL A2     150    Reaffirmed
Rays Power Infra Pvt Ltd               Proposed NFBL     CRISIL A2     150    Assigned
Sharu Industries Pvt Ltd               Inland/Import LOC CRISIL A4+    160    Reaffirmed
Shree Jaya Laboratories Pvt Ltd        LOC               CRISIL A3     100    Reaffirmed
Tech Data Advanced Solutions (India)   LOC               CRISIL A2     60     -
Pvt Ltd
(Downgraded from 'CRISIL A2+'; Removed from 'Rating Watch with Negative Implications')
Tech Data Advanced Solutions (India)   Overdraft         CRISIL A2     136    -
Pvt Ltd
(Downgraded from 'CRISIL A2+'; Removed from 'Rating Watch with Negative Implications')
Tirupati Veneers Pvt Ltd               LOC               CRISIL A4     180    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Uday Autosales Pvt Ltd                 BG                CRISIL A4     5.4    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Unisun Power                           BG                CRISIL A4     38     Reaffirmed
(Issuer Not Cooperating)
United Technomech Engineers Pvt Ltd    BG                CRISIL A4     80     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Upkar International Pvt Ltd            Packing Credit    CRISIL A4     80     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
V. S. N. International                 LOC & BG          CRISIL A4     20     Reaffirmed
(Issuer Not Cooperating)
V. Shanmugam                           BG                CRISIL A4     10     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
V. Shanmugam                           Inland/Import LOC CRISIL A4     20     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
V.R.M. Chemicals Pvt Ltd               Inland/Import LOC CRISIL A4     9      Reaffirmed
(Issuer Not Cooperating)
Vel Steels                             LOC               CRISIL A4     15     Reaffirmed
(Issuer Not Cooperating)
Vel Steels                             Proposed BG       CRISIL A4     6      Reaffirmed
(Issuer Not Cooperating)
Vertex Techno Solutions Bangalore Pvt  BG                CRISIL A4     15     -
Ltd
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Western Carriers India Ltd             BG                CRISIL A4     350    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Yalavarti Projects Pvt Ltd             BG                CRISIL A4     150    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Yogiraj Spinning Ltd                   BG                CRISIL A4     12.5   -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)

MEDIUM TERM RATINGS:
-------------------
Devans Modern Breweries Ltd            FD                FD            40     -
(Issuer Not Cooperating)


LONG TERM RATINGS:
-------------------
A. K. Enterprises - Biharsharif        CC                CRISIL        50     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
A1 Products                            LT Loan           CRISIL        3.5    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
A1 Products                            Overdraft         CRISIL        100    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Advance Panels and Switchgears Pvt Ltd CC                CRISIL        76     Reaffirmed
                                                         BBB/Negative
Advance Panels and Switchgears Pvt Ltd Proposed LT Bk    CRISIL        80.5   Reaffirmed
                                       Loan Fac          BBB/Negative
Advance Panels and Switchgears Pvt Ltd TL                CRISIL        3.5    Reaffirmed
                                                         BBB/Negative
Aiswarya Granites                      CC                CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Aiswarya Granites                      Proposed LT Bk    CRISIL        10     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Aiswarya Granites                      TL                CRISIL        90     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Amisha Steels Pvt Ltd                  CC                CRISIL        55     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Amma Woods Pvt Ltd                     CC                CRISIL D      71     Reaffirmed
(Issuer Not Cooperating)
Amma Woods Pvt Ltd                     LOC               CRISIL D      125    Reaffirmed
(Issuer Not Cooperating)
Ammarun Foundries                      Foreign Bill      CRISIL        5      Reaffirmed
                                       Discounting       BB+/Stable
Ammarun Foundries                      Open CC           CRISIL        185    Reaffirmed
                                                         BB+/Stable
Ammarun Foundries                      TL                CRISIL        194.1  Reaffirmed
                                                         BB+/Stable
Amrita Sai Educational Improvement     CC/ Overdraft Fac CRISIL        50     Reaffirmed
Trust                                                    BB/Stable
(Issuer Not Cooperating)
Analogic Controls India Ltd            Proposed Overdraft CRISIL       65     Reaffirmed
                                       Fac               BB+/Stable
(Issuer Not Cooperating)
Analogic Controls India Ltd            Secured Overdraft CRISIL        70     Reaffirmed
                                       Fac               BB+/Stable
(Issuer Not Cooperating)
Anantha Refinery Pvt Ltd               CC                CRISIL        65.2   Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Anantha Refinery Pvt Ltd               Proposed FB Bk    CRISIL        14.8   Reaffirmed
                                       Limits            BB-/Stable
(Issuer Not Cooperating)
Annalakshmi Catering Services Pvt Ltd  TL                CRISIL        400    Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Anucool Industrial Aids Pvt Ltd        CC                CRISIL        120    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Argent Constructions Pvt Ltd           Proposed CC Limit CRISIL        70     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
ARM Overseas Pvt Ltd                   CC                CRISIL        250    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
ARM Overseas Pvt Ltd                   Pledge Loan       CRISIL        27.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
ARM Overseas Pvt Ltd                   Standby Line of   CRISIL        10     Reaffirmed
                                       Credit            B+/Stable
(Issuer Not Cooperating)
ASR Multimetals Pvt Ltd                CC                CRISIL        550    -
                                                         BBB+/Stable
ASR Multimetals Pvt Ltd                Proposed LT Bk    CRISIL        541.3  Assigned
                                       Loan Fac          BBB+/Stable
Aurangabad Thermocol Plates &          CC                -             10     Withdrawn
Containers Pvt Ltd
(Issuer Not Cooperating)
Aurangabad Thermocol Plates &          Rupee TL          -             70     Withdrawn
Containers Pvt Ltd
(Issuer Not Cooperating)
Avon Tubetech Pvt Ltd                  Bill Discounting  CRISIL        20     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Avon Tubetech Pvt Ltd                  CC                CRISIL        225    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Avon Tubetech Pvt Ltd                  Channel Financing CRISIL        20     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Avon Tubetech Pvt Ltd                  TL                CRISIL        115    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Axa Parenterals Ltd                    Proposed LT Bk    CRISIL        70     Assigned
                                       Loan Fac          BBB+/Stable
Axa Parenterals Ltd                    CC                CRISIL        160    Assigned
                                                         BBB+/Stable
Bajrang Food Processing Industry       CC                -             95     Withdrawn
(Issuer Not Cooperating)
Bajrang Food Processing Industry       Proposed CC Limit -             3.9    Withdrawn
(Issuer Not Cooperating)
Bajrang Food Processing Industry       TL                -             51.1   Withdrawn
(Issuer Not Cooperating)
Basant Agencies                        CC                CRISIL        100    Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Basudeb Auto Ltd                       CC                CRISIL        42.5   Reaffirmed
                                                         B+/Stable
Basudeb Auto Ltd                       Electronic Dealer CRISIL        95     Reaffirmed
                                       Financing         B+/Stable
                                       Scheme(e-DFS)
Basudeb Auto Ltd                       Proposed LT Bk    CRISIL        12.5   Reaffirmed
                                       Loan Fac          B+/Stable
Bharat Charitable Hospital Society     CC/ Overdraft Fac CRISIL        40     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Bharat Charitable Hospital Society     LT Loan           CRISIL        50     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Bindal Smelting Pvt Ltd                CC                CRISIL        100    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Bindal Smelting Pvt Ltd                Proposed CC Limit CRISIL        30     Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Bliss Impex                            CC                CRISIL        100    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Bliss Impex                            TL                CRISIL        65     Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
BMS Hospitality Pvt Ltd                TL                CRISIL        75     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bombay Jewellery Manufacturers         Foreign Bill      CRISIL        250    Reaffirmed
                                       Discounting       BB+/Stable
(Issuer Not Cooperating)
Chettinad Educational Trust            Rupee TL          CRISIL        70     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Chotta Shimla Projects Pvt Ltd         BG                CRISIL D      7.5    Reaffirmed
(Issuer Not Cooperating)
Chotta Shimla Projects Pvt Ltd         Proposed LT Bk    CRISIL D      12.5   Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Chotta Shimla Projects Pvt Ltd         TL                CRISIL D      150    Reaffirmed
(Issuer Not Cooperating)
Continental Telepower Industries Ltd   BG                CRISIL        40     Withdrawn
                                                         BB-/Stable
(Issuer Not Cooperating)
Continental Telepower Industries Ltd   CC                CRISIL        4      Withdrawn
                                                         BB-/Stable
(Issuer Not Cooperating)
Continental Telepower Industries Ltd   LOC               CRISIL        25     Withdrawn
                                                         BB-/Stable
(Issuer Not Cooperating)
Cosmic Consumer Goods Pvt Ltd          CC                CRISIL        50     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Cosmic Consumer Goods Pvt Ltd          Proposed LT Bk    CRISIL        50     Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
Crown Engineering Enterprises          CC                CRISIL        50     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Crown Engineering Enterprises          Proposed WC Fac   CRISIL        50     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Cryogas Equipment Pvt Ltd              CC                CRISIL        67.6   Assigned
                                                         BB+/Stable
CSM Technologies Pvt Ltd               CC                CRISIL        70     Reaffirmed
                                                         BBB-/Stable
CSM Technologies Pvt Ltd               Proposed FB Bk    CRISIL        30     Reaffirmed
                                       Limits            BBB-/Stable
CSM Technologies Pvt Ltd               TL                CRISIL        48     Assigned
                                                         BBB-/Stable
Cytech Coatings Pvt Ltd                CC                CRISIL        70     Reaffirmed
                                                         B+/Stable
Cytech Coatings Pvt Ltd                Proposed LT Bk    CRISIL        13.3   Reaffirmed
                                       Loan Fac          B+/Stable
Cytech Coatings Pvt Ltd                Rupee TL          CRISIL        23.8   Assigned
                                                         B+/Stable
D Decor Home Store LLP                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
D. B. Gupta                            CC                CRISIL        11     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
D. B. Gupta                            Proposed LT Bk    CRISIL        26     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
D`Decor Exports Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
D'Decor Home Fabrics Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Denis Chem Lab Ltd                     CC                CRISIL        155    Reaffirmed
                                                         BBB-/Stable
Denis Chem Lab Ltd                     TL                CRISIL        114.5  Reaffirmed
                                                         BBB-/Stable
Devans Modern Breweries Ltd            BG                CRISIL D      10     Reaffirmed
(Issuer Not Cooperating)
Devans Modern Breweries Ltd            CC                CRISIL D      450    Reaffirmed
(Issuer Not Cooperating)
Devans Modern Breweries Ltd            Proposed LT Bk    CRISIL D      223    Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Devans Modern Breweries Ltd            TL                CRISIL D      507    Reaffirmed
(Issuer Not Cooperating)
Dhana Sree Collections Pvt Ltd         Proposed LT Bk    CRISIL        150    Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
Dharamraj Contracts India Pvt Ltd      BG                -             340    Withdrawn
(Issuer Not Cooperating)
Dharamraj Contracts India Pvt Ltd      CC                -             160    Withdrawn
(Issuer Not Cooperating)
Dhruvtara Agro And Allied Industries   CC                CRISIL D      50     Reaffirmed
Pvt Ltd
(Issuer Not Cooperating)
Dhruvtara Agro And Allied Industries   Proposed LT Bk    CRISIL D      10     Reaffirmed
Pvt Ltd                                Loan Fac
(Issuer Not Cooperating)
Dhruvtara Agro And Allied Industries   TL                CRISIL D      40     Reaffirmed
Pvt Ltd
(Issuer Not Cooperating)
Dooars Plantation And Industries Ltd   CC                CRISIL        60     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Dooars Plantation And Industries Ltd   Proposed LT Bk    CRISIL        21     Reaffirmed
                                       Loan Fac          BB-/Stable
(Issuer Not Cooperating)
DRN Hospitalities Pvt Ltd              LT Loan           CRISIL        50     Withdrawn
                                                         BB/Stable
DRN Hospitalities Pvt Ltd              Proposed LT Bk    CRISIL        73     Withdrawn
                                       Loan Fac          BB/Stable
Elegent Infrastructure Pvt Ltd         LT Loan           CRISIL D      100    Reaffirmed
(Issuer Not Cooperating)
Elegent Infrastructure Pvt Ltd         TL                CRISIL D      150    Reaffirmed
(Issuer Not Cooperating)
Epygen Biotech Pvt Ltd                 TL                CRISIL D      250    Reaffirmed
(Issuer Not Cooperating)
Ess Gee Real Estate Developers Pvt Ltd Drop Line         CRISIL        350    -
                                       Overdraft Fac     BB/Stable
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BB+/Negative')
Exodus Ispat Pvt Ltd                   CC                CRISIL        35     Reaffirmed
                                                         BB-/Stable
Exodus Ispat Pvt Ltd                   Proposed FB Bk    CRISIL        10     Assigned
                                       Limits            BB-/Stable
Finepac Structures Pvt Ltd             CC                CRISIL        35     Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Finepac Structures Pvt Ltd             Proposed BG       CRISIL        2.1    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Finepac Structures Pvt Ltd             TL                CRISIL        20.9   Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Friendly Motors India Pvt Ltd          Inventory Funding CRISIL        135.8  Reaffirmed
                                       Fac               B+/Stable
(Issuer Not Cooperating)
G.C. Chemie Pharmie Ltd                CC*               CRISIL        65     Reaffirmed
                                                         A-/Stable
(*Sublimit of Rs 6 crore towards WCDL in USD/INR; Sublimit of Rs 6.5 crore towards LC)
G.C. Chemie Pharmie Ltd                CC                CRISIL        100    Reaffirmed
                                                         A-/Stable
G.C. Chemie Pharmie Ltd                Proposed CC Limit CRISIL        39     Assigned
                                                         A-/Stable
Gadre Marine Export                    Proposed LT Bk    CRISIL        60     Reaffirmed
                                       Loan Fac          BBB+/Negative
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Gadre Marine Export Pvt Ltd            Foreign Currency TCRISIL        295    Reaffirmed
                                                         A/Negative
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Gadre Marine Export Pvt Ltd            Foreign LOC       CRISIL        250    Reaffirmed
                                                         A/Negative
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Gadre Marine Export Pvt Ltd            Rupee TL          CRISIL        100    Reaffirmed
                                                         A/Negative
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Gadre Marine Export Pvt Ltd            Standby Line of   CRISIL        270    Reaffirmed
                                       Credit            A/Negative
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Gadre Marine Export Pvt Ltd            TL                CRISIL        1425   Reaffirmed
                                                         A/Negative
(Removed from 'Rating Watch with Negative Implications'; Rating Reaffirmed)
Godawri Motors Pvt Ltd                 CC                CRISIL        75     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Godawri Motors Pvt Ltd                 Proposed LT Bk    CRISIL        25     Reaffirmed
                                       Loan Fac          B-/Stable
(Issuer Not Cooperating)
Green Infra Corporate Solar Ltd        LT Loan           CRISIL        2513.9 Reaffirmed
                                                         AA-/Stable
Green Infra Corporate Solar Ltd        Proposed LT Bk    CRISIL        327.1  Reaffirmed
                                       Loan Fac          AA-/Stable
Green Infra Corporate Solar Ltd        Rupee TL          CRISIL        5659   Reaffirmed
                                                         AA-/Stable
Green Infra Renewable Energy Ltd       Proposed WC Fac   CRISIL        520    Reaffirmed
                                                         AA-/Stable
Green Infra Renewable Energy Ltd       TL                CRISIL        14480  Reaffirmed
                                                         AA-/Stable
Green Infra Wind Energy Ltd            NCD               CRISIL        10000  Reaffirmed
                                                         AA/Stable
Green Infra Wind Energy Ltd            Proposed CC Limit CRISIL        500    Reaffirmed
                                                         AA-/Stable
Green Infra Wind Energy Ltd            Rupee TL*         CRISIL        14770  Reaffirmed
                                                         AA-/Stable
(* includes sub-limit of Rs 900 crore for letter of credit/letter of credit bill discounting)
H and J Mall                           Proposed LT Bk    CRISIL D      9.7    Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
H and J Mall                           TL                CRISIL D      90.3   Reaffirmed
(Issuer Not Cooperating)
Haryana Oils and Soya Ltd              Overdraft         CRISIL        40     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Home Idea Curtain Fabrics              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Hotel Tuli International               CC                CRISIL        20     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Hotel Tuli International               Proposed FB Bk    CRISIL        29.3   Reaffirmed
                                       Limits            B/Stable
(Issuer Not Cooperating)
Hundekari Motors Pvt Ltd               CC                CRISIL        55     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Hundekari Motors Pvt Ltd               TL                CRISIL        55     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Image Labels Pvt Ltd                   CC                CRISIL        40     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Image Labels Pvt Ltd                   Corporate Loan    CRISIL        7      Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Image Labels Pvt Ltd                   LT Loan           CRISIL        17     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Image Labels Pvt Ltd                   Proposed LT Bk    CRISIL        32.5   Reaffirmed
                                       Loan Fac          BB/Stable
(Issuer Not Cooperating)
Imaginative Flexipacks Ltd             Proposed FB Bk    CRISIL        1      Reaffirmed
                                       Limits            BB-/Stable
(Issuer Not Cooperating)
Imaginative Flexipacks Ltd             Rupee TL          CRISIL        65     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Jai Bhavani Poultry Farm               CC                CRISIL        17.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Jai Bhavani Poultry Farm               Rupee TL          CRISIL        42.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Jalan Con Cast Ltd                     CC                CRISIL        110    Reaffirmed
                                                         B+/Stable
Jalan Con Cast Ltd                     TL                CRISIL        30     Reaffirmed
                                                         B+/Stable
Jamshedpur Transport Co Ltd            CC/ Overdraft Fac CRISIL        17     Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Jamshedpur Transport Co Ltd            LT Loan           CRISIL        24.6   Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Jamshedpur Transport Co Ltd            Proposed LT Bk    CRISIL        83.4   Reaffirmed
                                       Loan Fac          BB+/Stable
(Issuer Not Cooperating)
JCBL Ltd                               CC                CRISIL        290    Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
JCBL Ltd                               Corporate Loan    CRISIL        119.2  Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
JCBL Ltd                               LT Loan           CRISIL        16.8   Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
JCBL Ltd                               Proposed LT Bk    CRISIL        224    Reaffirmed
                                       Loan Fac          B-/Stable
(Issuer Not Cooperating)
JCBL Ltd                               Rupee TL          CRISIL        150    Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
K.D.Liquor and Fertilizer Pvt Ltd      CC                CRISIL        110    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Kadapa Oils Complex India Pvt Ltd      Proposed CC Limit CRISIL        150    Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Kadinya Enterprise                     CC                CRISIL        69     Reaffirmed
                                                         B+/Stable
Kadinya Enterprise                     Proposed LT Bk    CRISIL        12     Reaffirmed
                                       Loan Fac          B+/Stable
Kamal Agro Products                    CC                CRISIL        62.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Kansara Forge And Wires Pvt Ltd        CC                CRISIL        25     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Kansara Forge And Wires Pvt Ltd        TL                CRISIL        30     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Keen and Core Developers               CC                CRISIL C      60     Reaffirmed
(Issuer Not Cooperating)
KNM Traders                            CC/ Overdraft Fac CRISIL        21     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
KNM Traders                            Proposed CC Limit CRISIL        79     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Krishna Constructions (Chennai)        Proposed LT Bk    CRISIL        220    Reaffirmed
                                       Loan Fac          BB/Stable
(Issuer Not Cooperating)
Kusalava Finance Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kushal Poultry Farm Unit-II            CC                CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Kushal Poultry Farm Unit-II            Proposed LT Bk    CRISIL        4      Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Kushal Poultry Farm Unit-II            TL                CRISIL        66     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Leena Electro Mechanical Pvt Ltd       CC                CRISIL        45     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Legend Ceramic Pvt Ltd                 CC                CRISIL        60     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
Lion Manpower Solutions Pvt Ltd        CC                CRISIL        80     Reaffirmed
                                                         BB+/Stable
Lion Manpower Solutions Pvt Ltd        Proposed LT Bk    CRISIL        70     Reaffirmed
                                       Loan Fac          BB+/Stable
M R Real Food Pvt Ltd                  CC                CRISIL        90     Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
M R Real Food Pvt Ltd                  Proposed LT Bk    CRISIL        11.6   Reaffirmed
                                       Loan Fac          BB/Stable
(Issuer Not Cooperating)
M R Real Food Pvt Ltd                  TL                CRISIL        88.4   Reaffirmed
                                                         BB/Stable
(Issuer Not Cooperating)
M/s. Dadabhai Hathibhai                CC                CRISIL        20     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Manav Motors                           BG                CRISIL        11     Withdrawn
                                                         BB/Stable
Manav Motors                           CC                CRISIL        38     Withdrawn
                                                         BB/Stable
Manav Motors                           Proposed BG       CRISIL        29     Withdrawn
                                                         BB/Stable
Manav Motors                           Proposed CC Limit CRISIL        2      Withdrawn
                                                         BB/Stable
Manickavel Edible Oils Pvt Ltd         CC                CRISIL        150    Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Mekala Venkateswara Rao                Overdraft         CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Mekala Venkateswara Rao                Proposed TL       CRISIL        20.4   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Mekala Venkateswara Rao                TL                CRISIL        9.6    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Metro Retail Pvt Ltd                   CC                CRISIL        330    Reaffirmed
                                                         A-/Stable
Metro Retail Pvt Ltd                   Proposed CC Limit CRISIL        10     Assigned
                                                         A-/Stable
Mohan Clothing Co. Pvt Ltd             CC                CRISIL        350    Reaffirmed
                                                         A-/Negative
(Removed from 'Rating Watch with Developing Implications'; Rating Reaffirmed)
Mohan Clothing Co. Pvt Ltd             LT Loan           CRISIL        100    Reaffirmed
                                                         A-/Negative
(Removed from 'Rating Watch with Developing Implications'; Rating Reaffirmed)
Mohan Clothing Co. Pvt Ltd             TL                CRISIL        130    Reaffirmed
                                                         A-/Negative
(Removed from 'Rating Watch with Developing Implications'; Rating Reaffirmed)
Mohan Clothing Co. Pvt Ltd             WC Fac            CRISIL        400    Reaffirmed
                                                         A-/Negative
(Removed from 'Rating Watch with Developing Implications'; Rating Reaffirmed)
Mohla Construction Co.                 CC                CRISIL        25     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Mohla Construction Co.                 Proposed BG       CRISIL        10     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Mohla Construction Co.                 Proposed CC Limit CRISIL        25     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Mukesh Trends Life Style Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Mukul Overseas Pvt Ltd                 CC                CRISIL        100    Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
Mukul Overseas Pvt Ltd                 TL                CRISIL        60     Reaffirmed
                                                         BB-/Stable
(Issuer Not Cooperating)
N Rathna Rajkumar                      LT Loan           CRISIL        45     -
                                                         BB-/Stable
(Upgraded from 'CRISIL B+/Stable')
N Rathna Rajkumar                      Proposed LT Bk    CRISIL        75     -
                                       Loan Fac          BB-/Stable
(Upgraded from 'CRISIL B+/Stable')
Nishi Egg Poultry Product Pvt Ltd      CC                CRISIL        80     Reaffirmed
                                                         BB+/Stable
(Issuer Not Cooperating)
Nishi Egg Poultry Product Pvt Ltd      Proposed FB Bk    CRISIL        40     Reaffirmed
                                       Limits            BB+/Stable
(Issuer Not Cooperating)
Noor India Buildcon Pvt Ltd            CC/ Overdraft Fac CRISIL        70     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Northern Electric Cables Pvt Ltd       CC                CRISIL        94     Assigned
                                                         B+/Stable
Northern Electric Cables Pvt Ltd       Proposed FB Bk    CRISIL        15     Assigned
                                       Limits            B+/Stable
Parani Spinning Mills Pvt Ltd          Buyer`s Credit    CRISIL        7.9    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Parani Spinning Mills Pvt Ltd          Open CC           CRISIL        140    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Parani Spinning Mills Pvt Ltd          TL                CRISIL        2.1    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Parasmoni Organic and Agri Products Pvt CC               CRISIL        35     Reaffirmed
Ltd                                                      B+/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
Parasmoni Organic and Agri Products Pvt Proposed FB Bk   CRISIL        10     Reaffirmed
Ltd                                    Limits            B+/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
Parasmoni Organic and Agri Products Pvt TL               CRISIL        30     Assigned
Ltd                                                      B+/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
Pee Ell Alloys Unit - II               CC                CRISIL        80     Reaffirmed
                                                         BB-/Stable
Presidency Exports and Industries Ltd  CC                CRISIL        130    Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Presidency Exports and Industries Ltd  TL                CRISIL        40     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Radhe Buildspace LLP                   Rating Advisory   -             -      -
(CRISIL vide its publication dated June 12, 2020 highlighted the aspect of non-co-operation by
Radhe Buildspace LLP.)
Raghavendra Cotton Corporation         CC                CRISIL        110    Reaffirmed
                                                         BB-/Stable
Rakesh Credits Ltd                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Rays Power Infra Pvt Ltd               CC                CRISIL        670    Reaffirmed
                                                         BBB+/Stable
Rays Power Infra Pvt Ltd               Proposed FB Bk    CRISIL        40     Reaffirmed
                                       Limits            BBB+/Stable
Saakaar Constructions Pvt Ltd          Rating Advisory   -             -      -
(CRISIL vide its publication dated June 19, 2020 highlighted the aspect of non-co-operation by
Saakaar Constructions Private Limited.)
Sandhya Aqua Exports Pvt Ltd           Export Packing    CRISIL        200    Withdrawn
                                       Credit            BB/Stable
(Rating reaffirmed and Withdrawn)
Sandhya Aqua Exports Pvt Ltd           Foreign Bill      CRISIL        640    Withdrawn
                                       Discounting       BB/Stable
(Rating reaffirmed and Withdrawn)
Sandhya Aqua Exports Pvt Ltd           LOC & BG          CRISIL        30     Withdrawn
                                                         BB/Stable
(Rating reaffirmed and Withdrawn)
Sandhya Aqua Exports Pvt Ltd           LT Loan           CRISIL        20     Withdrawn
                                                         BB/Stable
(Rating reaffirmed and Withdrawn)
Sharu Industries Pvt Ltd               CC                CRISIL        160    Reaffirmed
                                                         BB+/Stable
Shree Gopal Proteins India Pvt Ltd     CC                CRISIL        110    -
                                                         BB/Stable
(Upgraded from 'CRISIL BB-/Stable')
Shree Gopal Proteins India Pvt Ltd     Warehouse Receipts CRISIL       20     -
                                                         BB/Stable
(Upgraded from 'CRISIL BB-/Stable')
Shree Jaya Laboratories Pvt Ltd        CC                CRISIL        125    Reaffirmed
                                                         BBB-/Stable
Shri Ambica International Food Company CC                CRISIL D      1100   Reaffirmed
Pvt Ltd
(Issuer Not Cooperating)
Shri Ambica International Food Company Export Packing    CRISIL D      700    Reaffirmed
Pvt Ltd                                Credit
(Issuer Not Cooperating)
Shri Ambica International Food Company TL                CRISIL D      110.6  Reaffirmed
Pvt Ltd
(Issuer Not Cooperating)
Shri Ram Finance Corporation Pvt Ltd   CC                CRISIL        580    Reaffirmed
                                                         BBB/Stable
Shri Ram Finance Corporation Pvt Ltd   TL                CRISIL        20     Reaffirmed
                                                         BBB/Stable
Shri Ram Finance Corporation Pvt Ltd   NCD               CRISIL        250    Assigned
                                                         BBB/Stable
Shri Ram Finance Corporation Pvt Ltd   Subordinated Debt CRISIL        200    Reaffirmed
                                                         BBB/Stable
Spiti Educational Society              LT Loan           CRISIL        371.1  Assigned
                                                         B/Stable
Sri Venkatarama Oil Industries Pvt Ltd CC                CRISIL        115    Reaffirmed
                                                         BB/Stable
Sri Venkatarama Oil Industries Pvt Ltd LT Loan           CRISIL        65     Reaffirmed
                                                         BB/Stable
Sri Venkatarama Oil Industries Pvt Ltd Proposed LT Bk    CRISIL        70     Reaffirmed
                                       Loan Fac          BB/Stable
Tactive Software Systems Pvt Ltd       CC                CRISIL D      20     Reaffirmed
(Issuer Not Cooperating)
Tactive Software Systems Pvt Ltd       Corporate Loan    CRISIL D      50     Reaffirmed
(Issuer Not Cooperating)
Tactive Software Systems Pvt Ltd       Proposed LT Bk    CRISIL D      5      Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Tech Data Advanced Solutions (India)   CC                CRISIL        1700   -
Pvt Ltd                                                  BBB+/Stable
(Downgraded from 'CRISIL A-'; Removed from 'Rating Watch with Negative Implications')
Tech Data Advanced Solutions (India)   WC Fac            CRISIL        4040   -
Pvt Ltd                                                  BBB+/Stable
(Downgraded from 'CRISIL A-'; Removed from 'Rating Watch with Negative Implications')
Tiku Ram Gum and Chemicals Pvt Ltd     CC                CRISIL        30     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Tiku Ram Gum and Chemicals Pvt Ltd     Export Packing    CRISIL        270    Reaffirmed
                                       Credit            B+/Stable
(Issuer Not Cooperating)
Tiku Ram Gum and Chemicals Pvt Ltd     Foreign Bill      CRISIL        200    Reaffirmed
                                       Purchase          B+/Stable
(Issuer Not Cooperating)
Tiku Ram Gum and Chemicals Pvt Ltd     Standby Line of   CRISIL        30     Reaffirmed
                                       Credit            B+/Stable
(Issuer Not Cooperating)
Tirupati Veneers Pvt Ltd               CC                CRISIL        70     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Tropical Coatings International Pvt Ltd BG               CRISIL D      10     Reaffirmed
(Issuer Not Cooperating)
Tropical Coatings International Pvt Ltd CC               CRISIL D      15.7   Reaffirmed
(Issuer Not Cooperating)
Tropical Coatings International Pvt Ltd LOC              CRISIL D      3.6    Reaffirmed
(Issuer Not Cooperating)
Tropical Coatings International Pvt Ltd TL               CRISIL D      62     Reaffirmed
(Issuer Not Cooperating)
Uday Autosales Pvt Ltd                 CC                CRISIL        65     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Uday Autosales Pvt Ltd                 Proposed LT Bk    CRISIL        39.6   -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Unacco Financial Services Pvt Ltd      Proposed LT Bk    CRISIL        250    -
                                       Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BB/Stable')
Unacco Financial Services Pvt Ltd      TL                CRISIL        600    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BB/Stable')
Unisun Power                           CC                CRISIL        3.5    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Unisun Power                           LT Loan           CRISIL        16.6   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
United India Shoe Corporation Pvt Ltd  BG                CRISIL D      5      Reaffirmed
(Issuer Not Cooperating)
United India Shoe Corporation Pvt Ltd  Export Packing    CRISIL D      287    Reaffirmed
                                       Credit
(Issuer Not Cooperating)
United India Shoe Corporation Pvt Ltd  LOC               CRISIL D      85     Reaffirmed
(Issuer Not Cooperating)
United India Shoe Corporation Pvt Ltd  LT Loan           CRISIL D      200    Reaffirmed
(Issuer Not Cooperating)
United India Shoe Corporation Pvt Ltd  Proposed LT Bk    CRISIL D      10     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
United Technomech Engineers Pvt Ltd    CC                CRISIL        15     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Usha Singla                            CC                CRISIL        60     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Usha Singla                            Proposed CC Limit CRISIL        30     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
V. R. Ghuge - Aurangabad               Overdraft         CRISIL        100    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
V. R. Ghuge - Aurangabad               Proposed LT Bk    CRISIL        0.5    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
V. R. Ghuge - Aurangabad               TL                CRISIL        9.5    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
V. S. N. International                 CC                CRISIL        35     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
V. Shanmugam                           CC                CRISIL        100    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
V.D.Swami And Co Pvt Ltd               BG                CRISIL D      100    Reaffirmed
(Issuer Not Cooperating)
V.D.Swami And Co Pvt Ltd               LT Loan           CRISIL D      60     Reaffirmed
(Issuer Not Cooperating)
V.D.Swami And Co Pvt Ltd               Overdraft         CRISIL D      140    Reaffirmed
(Issuer Not Cooperating)
V.D.Swami And Co Pvt Ltd               Proposed LT Bk    CRISIL D      20     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
V.R.M. Chemicals Pvt Ltd               CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
V.R.M. Chemicals Pvt Ltd               Proposed LT Bk    CRISIL        21     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Vadanta Foundation Society             CC                CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vadanta Foundation Society             TL                CRISIL        98     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vasantha Rice Industries               CC                CRISIL        54     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vasantha Rice Industries               Proposed LT Bk    CRISIL        56     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Vasantha Rice Industries               TL                CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vasisht Marketing Pvt Ltd              CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vasisht Marketing Pvt Ltd              Proposed CC Limit CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vasisht Marketing Pvt Ltd              Proposed LT Bk    CRISIL        56     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Vasisht Marketing Pvt Ltd              TL                CRISIL        4      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vedansh Pulses Pvt Ltd                 CC                CRISIL        50     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Vedansh Pulses Pvt Ltd                 TL                CRISIL        20     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Vel Steels                             CC                CRISIL        35     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vertex Techno Solutions Bangalore Pvt  CC                CRISIL        35     -
Ltd                                                      B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Vertex Techno Solutions Bangalore Pvt  Proposed CC Limit CRISIL        15     -
Ltd                                                      B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Virtue Industries                      CC                CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Virtue Industries                      LT Loan           CRISIL        44.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Vishnuji Refinery Pvt Ltd              CC                CRISIL        220    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
VT Dairy Pvt Ltd                       CC                CRISIL        62     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
VT Dairy Pvt Ltd                       LT Loan           CRISIL        88     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
VT Dairy Pvt Ltd                       Proposed LT Bk    CRISIL        120    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Wellcome Hospitals Pvt Ltd             CC                CRISIL        10     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Wellcome Hospitals Pvt Ltd             TL                CRISIL        90     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
West Coast Logistics                   CC                CRISIL        290    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Western Carriers India Ltd             CC                CRISIL        940    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Wisdom Social Welfare Trust            Overdraft         CRISIL        100    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Yalavarti Projects Pvt Ltd             CC                CRISIL        70     -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Yalavarti Projects Pvt Ltd             Proposed LT Bk    CRISIL        30     -
                                       Loan Fac          B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Yamuna Bio Energy Pvt Ltd              CC                CRISIL        42.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Yamuna Bio Energy Pvt Ltd              Proposed LT Bk    CRISIL        32.5   Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Yamuna Bio Energy Pvt Ltd              TL                CRISIL        25     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Yash Construction Equipments Pvt Ltd   CC                CRISIL D      73     Reaffirmed
(Issuer Not Cooperating)
Yash Construction Equipments Pvt Ltd   Proposed LT Bk    CRISIL D      5      Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Yogiraj Spinning Ltd                   CC                CRISIL        100    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Yogiraj Spinning Ltd                   TL                CRISIL        344    -
                                                         B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

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

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

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