March 27, 2019 / 9:20 AM / 3 months ago

CRISIL ratings for Indian debt instruments-Mar 27

    Mar 27 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of March 26, 2019.


COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Argent Constructions Pvt Ltd            Proposed BG        CRISIL A4      30      Assigned
Devendra Autocom Pvt Ltd                BG                 CRISIL A4+     15      Reaffirmed
Devendra Autocom Pvt Ltd                LOC                CRISIL A4+     15      Reaffirmed
Dewas Bhopal Corridor Pvt Ltd           Line of Credit     CRISIL A1+(SO) 170     -
(Converted from Provisional Rating to Final Rating)
Farmson Pharmaceutical Guj Pvt Ltd      BG                 CRISIL A2+     100     Upgraded from
                                                                                  CRISIL A2
Farmson Pharmaceutical Guj Pvt Ltd      Bill Discounting   CRISIL A2+     100     Upgraded from
                                        under LOC                                 CRISIL A2
Farmson Pharmaceutical Guj Pvt Ltd      LOC & BG           CRISIL A2+     250     Upgraded from
                                                                                  CRISIL A2
Farmson Pharmaceutical Guj Pvt Ltd      Sales Bill         CRISIL A2+     50      Upgraded from
                                        Discounting                               CRISIL A2
Gomathi Spinning Mills India Pvt Ltd    BG                 CRISIL A3      36.1    Reaffirmed
Hi-Tech Butterfly Valves India Pvt Ltd  BG                 CRISIL A4+     15      Reaffirmed
Hi-Tech Butterfly Valves India Pvt Ltd  Bill Discounting   CRISIL A4+     25      Reaffirmed
Hi-Tech Butterfly Valves India Pvt Ltd  LOC                CRISIL A4+     5       Reaffirmed
Hotel Tuli International                BG                 CRISIL A4      0.7     Assigned
Hotel Tuli International                Overdraft          CRISIL A4      50      Assigned
JNP Products                            LOC                CRISIL A2+     300     Upgraded from
                                                                                  CRISIL A2
K Seshagiri Rao and Company             BG                 CRISIL A4+     30      -
(Issuer Not Cooperating)
Kalarickal Agencies Pvt Ltd             BG                 CRISIL A4+     40      Reaffirmed
LMD Educational and Research Foundation BG                 CRISIL A4+     50      Assigned
LMD Educational and Research Foundation Overdraft          CRISIL A4+     24      Assigned
Mekala Venkateswara Rao                 BG                 CRISIL A4      10      Reaffirmed
Metal Engineering and Treatment Company BG                 CRISIL A4+     165     Reaffirmed
Pvt Ltd
Metal Engineering and Treatment Company LOC                CRISIL A4+     64.5    Reaffirmed
Pvt Ltd
Metal Engineering and Treatment Company Packing Credit     CRISIL A4+     30      Reaffirmed
Pvt Ltd
Nirmal Wires Pvt Ltd                    BG                 CRISIL A2      92      -
(Issuer Not Cooperating)
Nirmal Wires Pvt Ltd                    LOC                CRISIL A2      133     -
(Issuer Not Cooperating)
NTPC Ltd                                BG                 CRISIL A1+     28200   Reaffirmed
NTPC Ltd                                LOC                CRISIL A1+     30000   Reaffirmed
NTPC Ltd                                Proposed BG        CRISIL A1+     1800    Reaffirmed
NTPC Ltd                                CP                 CRISIL A1+     180000  Reaffirmed
Om Sai Surgicals                        BG                 CRISIL A4      2.5     Assigned
P.P Rice Mill Pvt Ltd                   BG                 CRISIL A4+     2.9     Reaffirmed
Pasa Resources Pvt Ltd                  BG                 CRISIL A2      10      Upgraded from
                                                                                  CRISIL A3+
R. R. Engineering Company               BG                 CRISIL A4      60      Reaffirmed
Reitz India Ltd                         BG                 CRISIL A3+     325     Reaffirmed
ReNew Wind Energy (AP) Pvt Ltd          ST Loan            CRISIL A1      1500    Reaffirmed
S.S. Construction                       BG                 CRISIL A4      40      Assigned
S.S. Construction                       Overdraft          CRISIL A4      11.5    Assigned
Sai Computers Ltd                       BG                 CRISIL A4+     150     Reaffirmed
Sai Computers Ltd                       LOC                CRISIL A4+     30      Reaffirmed
Sainath Knitex Pvt Ltd                  BG                 CRISIL A4+     2.5     Reaffirmed
Sardar Motors Autowheel Pvt Ltd         BG                 CRISIL A4+     25      -
(Issuer Not Cooperating)
Satkartar Electronics                   BG                 CRISIL A4+     95      -
(Issuer Not Cooperating)
SBJ Holding                             LOC                CRISIL A4+     2.5     Reaffirmed
(Issuer Not Cooperating)
Sri Ram Cables Pvt Ltd                  BG                 CRISIL A4+     450     -
(Issuer Not Cooperating)
Subhash Distributors Ltd                BG                 CRISIL A4+     30      -
(Issuer Not Cooperating)
Sunny International Ltd                 Foreign Exchange   CRISIL A3+     4       Reassigned
                                        Forward
Suprajit Engineering Ltd                BG                 CRISIL A1+     15      Reaffirmed
Tamilnad Mercantile Bank Ltd            CDs                CRISIL A1+     10000   Reaffirmed
Tata Advanced Systems Ltd               BG                 CRISIL A1+     150     -
(Continues on Rating Watch with Developing Implications)
Tata Advanced Systems Ltd               LOC                CRISIL A1+     290     -
(Continues on Rating Watch with Developing Implications)
Tata Advanced Systems Ltd               LOC & BG           CRISIL A1+     100     -
(Continues on Rating Watch with Developing Implications)
Tata Advanced Systems Ltd               Packing Credit in  CRISIL A1+     700     -
                                        Foreign Currency
(Continues on Rating Watch with Developing Implications)
The Daily Thanthi                       LOC                CRISIL A3      20      Reaffirmed
Varun Foods Processing Pvt Ltd          BG                 CRISIL A4+     1.5     Reaffirmed
Wellcare Oil Tools Pvt Ltd              Letter Of GuaranteeCRISIL A4+     60      Assigned
Wellcare Oil Tools Pvt Ltd              Proposed Packing   CRISIL A4+     73      Assigned
                                        Credit
Wellcare Oil Tools Pvt Ltd              Pre Shipment CreditCRISIL A4+     27      Assigned



MEDIUM TERM RATINGS:
-------------------
NTPC Ltd                                FD                 FAAA           -       Reaffirmed



LONG TERM RATINGS:
-------------------
Afras Cashew Traders                    CC                 CRISIL BB-     75      Reaffirmed
Ajay Food Products (Katni) Pvt Ltd      CC                 CRISIL BB      225     Reaffirmed
Ajay Food Products (Katni) Pvt Ltd      Corporate Loan     CRISIL BB      11.4    Reaffirmed
Ajay Food Products (Katni) Pvt Ltd      LT Loan            CRISIL BB      51.7    Reaffirmed
Ajay Food Products (Katni) Pvt Ltd      Proposed LT Bk     CRISIL BB      1.9     Reaffirmed
                                        Loan Fac
Ajay Food Products (Katni) Pvt Ltd      Warehouse Receipts CRISIL BB      60      Reaffirmed
Allure Consumer Products Pvt Ltd        TL                 CRISIL B+      198     -
(Issuer Not Cooperating)
Amma Woods Pvt Ltd                      CC                 CRISIL D       71      Reaffirmed
Amma Woods Pvt Ltd                      LOC                CRISIL D       125     Reaffirmed
Argent Constructions Pvt Ltd            Proposed CC Limit  CRISIL B+      70      Assigned
Astonfield Solar (Rajasthan) Pvt Ltd    Rating             -              -       -
(CRISIL is yet to receive adequate information)
Bhole Baba Milk Food Industries         CC                 CRISIL BBB+    2950    Reaffirmed
(Dholpur) Pvt Ltd
Bhole Baba Milk Food Industries         Corporate Loan     CRISIL BBB+    200     Reaffirmed
(Dholpur) Pvt Ltd
Bhole Baba Milk Food Industries         Proposed LT Bk     CRISIL BBB+    100     Reaffirmed
(Dholpur) Pvt Ltd                       Loan Fac
Bhole Baba Milk Food Industries Ltd     CC                 CRISIL BBB+    4000    Reaffirmed
Bhole Baba Milk Food Industries Ltd     LT Loan            CRISIL BBB+    138.6   Reaffirmed
Bhole Baba Milk Food Industries Ltd     Proposed LT Bk     CRISIL BBB+    861.4   Reaffirmed
                                        Loan Fac
BOI Axa Investment Managers Pvt Ltd     BOI AXA Liquid     CRISIL AAAmfs  -       Reaffirmed
                                        Fund
Cholamandalam MS General Insurance Co.  Subordinated Debt  CRISIL AA      1000    Reaffirmed
Ltd                                     Issue
Devendra Autocom Pvt Ltd                CC                 CRISIL BB-     55      Reaffirmed
Devendra Autocom Pvt Ltd                Proposed LT Bk     CRISIL BB-     1.5     Reaffirmed
                                        Loan Fac
Devendra Autocom Pvt Ltd                TL                 CRISIL BB-     9.9     Reaffirmed
Dewas Bhopal Corridor Pvt Ltd           NCD                CRISIL AAA     1694    Reaffirmed
Dewas Bhopal Corridor Pvt Ltd           Rupee TL           CRISIL AAA(SO) 1382    Reaffirmed
Dhuria Rice Mills                       CC                 -              75      Withdrawn
(Issuer Not Cooperating)
Elegent Infrastructure Pvt Ltd          LT Loan            CRISIL D       100     Downgraded
                                                                                  from CRISIL BB
Elegent Infrastructure Pvt Ltd          TL                 CRISIL D       150     Downgraded
                                                                                  from CRISIL BB
Farmson Pharmaceutical Guj Pvt Ltd      CC                 CRISIL A-      200     Upgraded from
                                                                                  CRISIL BBB+
Farmson Pharmaceutical Guj Pvt Ltd      Proposed LT Bk     CRISIL A-      14.7    Upgraded from
                                        Loan Fac                                  CRISIL BBB+
Farmson Pharmaceutical Guj Pvt Ltd      TL                 CRISIL A-      390     Upgraded from
                                                                                  CRISIL BBB+
Firdous Gold Pattambi LLP               CC                 CRISIL B       50      Reaffirmed
Glastronix LLP                          CC                 CRISIL BBB-    150     Reaffirmed
Glastronix LLP                          Foreign Currency TLCRISIL BBB-    124.2   Assigned
Gomathi Spinning Mills India Pvt Ltd    CC                 CRISIL BBB-    200     Reaffirmed
Gomathi Spinning Mills India Pvt Ltd    LT Loan            CRISIL BBB-    67.4    Reaffirmed
Great Eastern Retail Pvt Ltd            CC                 -              800     Withdrawn
Great Eastern Retail Pvt Ltd            LT Loan            -              300     Withdrawn
H S Mehta Infra Pvt Ltd                 Rating             -              -       -
(CRISIL is yet to receive adequate information)
H. R. Polycoats Pvt Ltd                 Rating             -              -       -
(CRISIL is yet to receive adequate information)
Hariharan Foundations Pvt Ltd           Rating             -              -       -
(CRISIL is yet to receive adequate information)
Harris and Menuk Chemicals Pvt Ltd      Proposed LT Bk     -              52.5    Withdrawn
                                        Loan Fac
(Issuer Not Cooperating)
Harris and Menuk Chemicals Pvt Ltd      TL                 -              17.5    Withdrawn
(Issuer Not Cooperating)
Hi-Tech Butterfly Valves India Pvt Ltd  CC                 CRISIL BB+     105     Upgraded from
                                                                                  CRISIL BB
Hi-Tech Butterfly Valves India Pvt Ltd  LT Loan            CRISIL BB+     34      Upgraded from
                                                                                  CRISIL BB
Hi-Tech Butterfly Valves India Pvt Ltd  Non-FBL            CRISIL BB+     22.4    Upgraded from
                                                                                  CRISIL BB
Hi-Tech Butterfly Valves India Pvt Ltd  Proposed LT Bk     CRISIL BB+     40      Upgraded from
                                        Loan Fac                                  CRISIL BB
Hotel Tuli International                CC                 CRISIL B       20      Assigned
Hotel Tuli International                Proposed FB Bk     CRISIL B       29.3    Assigned
                                        Limits
Jai Mata Di Entertainment Pvt Ltd       LT Loan            CRISIL BB      100     Assigned
Jai Mata Di Entertainment Pvt Ltd       Proposed FB Bk     CRISIL BB      30      Assigned
                                        Limits
JNP Products                            CC                 CRISIL A-      30      Upgraded from
                                                                                  CRISIL BBB+
JNP Products                            Proposed LT Bk     CRISIL A-      0.5     Upgraded from
                                        Loan Fac                                  CRISIL BBB+
JNP Products                            TL                 CRISIL A-      25.3    Upgraded from
                                                                                  CRISIL BBB+
JRJ Sea Foods India Pvt Ltd             CC                 -              10      Withdrawn
(Issuer Not Cooperating)
JRJ Sea Foods India Pvt Ltd             Export Packing     -              40      Withdrawn
                                        Credit
(Issuer Not Cooperating)
JRJ Sea Foods India Pvt Ltd             LT Loan            -              11      Withdrawn
(Issuer Not Cooperating)
JRJ Sea Foods India Pvt Ltd             Proposed LT Bk     -              9       Withdrawn
                                        Loan Fac
(Issuer Not Cooperating)
JRJ Sea Foods India Pvt Ltd             WC Demand Loan     -              30      Withdrawn
(Issuer Not Cooperating)
K Seshagiri Rao and Company             CC                 CRISIL BB+     70      -
(Issuer Not Cooperating)
K Seshagiri Rao and Company             Proposed LT Bk     CRISIL BB+     100     -
                                        Loan Fac
(Issuer Not Cooperating)
K Seshagiri Rao and Company             TL                 CRISIL BB+     300     -
(Issuer Not Cooperating)
Kalarickal Agencies Pvt Ltd             CC                 CRISIL BB      50      Reaffirmed
Kalarickal Agencies Pvt Ltd             Proposed LT Bk     CRISIL BB      10      Reaffirmed
                                        Loan Fac
Kumaran Poultry Farm                    CC                 CRISIL B+      52      Assigned
Kumaran Poultry Farm                    LT Loan            CRISIL B+      9.3     Assigned
LMD Educational and Research Foundation Rupee TL           CRISIL BB      163.9   Assigned
LMD Educational and Research Foundation Proposed TL        CRISIL BB      120     Assigned
LMD Educational and Research Foundation Proposed CC Limit  CRISIL BB      26      Assigned
Makino Automotive                       CC                 CRISIL BB+     80      Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Malabar Cements Ltd                     CC                 -              120     Withdrawn
Mekala Venkateswara Rao                 Overdraft          CRISIL B+      60      Reaffirmed
Mekala Venkateswara Rao                 Proposed TL        CRISIL B+      20.4    Reaffirmed
Mekala Venkateswara Rao                 TL                 CRISIL B+      9.6     Reaffirmed
Metal Engineering and Treatment Company Bill Discounting   CRISIL BB-     30      Reaffirmed
Pvt Ltd
Metal Engineering and Treatment Company CC                 CRISIL BB-     73      Reaffirmed
Pvt Ltd
Metal Engineering and Treatment Company Proposed LT Bk     CRISIL BB-     2.5     Reaffirmed
Pvt Ltd                                 Loan Fac
Mirae Asset Global Investments India    Mirae Asset Cash   CRISIL AAAmfs  -       Reaffirmed
Pvt Ltd                                 Management Fund
Moyalan Agro Pipes                      LT Bk Fac          CRISIL B+      10      Reaffirmed
Moyalan Agro Pipes                      Overdraft          CRISIL B+      70      Reaffirmed
Muthoot Capital Services Ltd            Series A1 PTCs     Provisional    2139    Assigned
                                                           CRISIL AA 
NER II Transmission Ltd                 Rupee TL           CRISIL BBB-    22000   Reaffirmed
Nirmal Wires Pvt Ltd                    CC                 CRISIL BBB+    777.7   -
(Issuer Not Cooperating)
Nirmal Wires Pvt Ltd                    LT Loan            CRISIL BBB+    46.2    -
(Issuer Not Cooperating)
NTPC Ltd                                CC                 CRISIL AAA     29750   Reaffirmed
NTPC Ltd                                LT Loan            CRISIL AAA     582931.9Reaffirmed
NTPC Ltd                                Proposed CC Limit@ CRISIL AAA     100250  Reaffirmed
NTPC Ltd                                Proposed LT Bk     CRISIL AAA     67068.1 Reaffirmed
                                        Loan Fac
NTPC Ltd                                Bond Issue         CRISIL AAA     26500   Withdrawn
NTPC Ltd                                Bond Issue         CRISIL AAA     135400  Reaffirmed
NTPC Ltd                                NCDs               CRISIL AAA     348343.3Reaffirmed
NTPC Ltd                                NCDs               CRISIL AAA     4725    Reaffirmed
Ocean Lifespaces India Pvt Ltd          Corporate Credit   CCR A-         -       -
                                        Rating
(Upgraded from CCR BBB+/Positive and Rating withdrawn)
Ocean Lifespaces India Pvt Ltd          Bill Discounting   CRISIL A-      150     Upgraded from
                                                                                  CRISIL BBB+
Ocean Lifespaces India Pvt Ltd          CC                 CRISIL A-      750     Upgraded from
                                                                                  CRISIL BBB+
Ocean Lifespaces India Pvt Ltd          LT Loan            CRISIL A-      450     Upgraded from
                                                                                  CRISIL BBB+
Ocean Lifespaces India Pvt Ltd          Proposed LT Bk     CRISIL A-      100     Upgraded from
                                        Loan Fac                                  CRISIL BBB+
Om Sai Surgicals                        Proposed WC Fac    CRISIL B+      17.5    Assigned
Om Sai Surgicals                        CC                 CRISIL B+      60      Assigned
P.P Rice Mill Pvt Ltd                   CC                 CRISIL BB-     47      Reaffirmed
P.P Rice Mill Pvt Ltd                   LT Loan            CRISIL BB-     39      Reaffirmed
P.P Rice Mill Pvt Ltd                   Proposed FB Bk     CRISIL BB-     9       Assigned
                                        Limits
Pasa Associates Pvt Ltd                 Electronic Dealer  CRISIL BBB+    100     Upgraded from
                                        Financing                                 CRISIL BBB
                                        Scheme(e-DFS)
Pasa Resources Pvt Ltd                  CC                 CRISIL BBB+    20      Upgraded from
                                                                                  CRISIL BBB
Pasa Resources Pvt Ltd                  Electronic Dealer  CRISIL BBB+    300     Upgraded from
                                        Financing                                 CRISIL BBB
                                        Scheme(e-DFS)
Pasa Resources Pvt Ltd                  Proposed LT Bk     CRISIL BBB+    5       Upgraded from
                                        Loan Fac                                  CRISIL BBB
Polyhose India (Rubber) Pvt Ltd         CC                 CRISIL BBB+    450     Reaffirmed
Polyhose India (Rubber) Pvt Ltd         LT Loan            CRISIL BBB+    200     Reaffirmed
Premier Industrial Corporation Ltd      CC                 CRISIL BB      350     -
(Issuer Not Cooperating)
Premier Industrial Corporation Ltd      Proposed LT Bk     CRISIL BB      30      -
                                        Loan Fac
(Issuer Not Cooperating)
R. R. Engineering Company               Secured Overdraft  CRISIL B+      75      Reaffirmed
                                        Fac
Reitz India Ltd                         CC                 CRISIL BBB     70      Reaffirmed
Reitz India Ltd                         Proposed LT Bk     CRISIL BBB     135     Reaffirmed
                                        Loan Fac
ReNew Wind Energy (AP) Pvt Ltd          Proposed LT Bk     CRISIL A+      257     Reaffirmed
                                        Loan Fac
ReNew Wind Energy (AP) Pvt Ltd          TL                 CRISIL A+      1350    Reaffirmed
S.S. Construction                       CC                 CRISIL B+      48      Assigned
S.S. Construction                       Proposed FB Bk     CRISIL B+      0.5     Assigned
                                        Limits
Sai Computers Ltd                       Bill Discounting   CRISIL BB-     1.8     Reaffirmed
Sai Computers Ltd                       CC                 CRISIL BB-     150     Reaffirmed
Sai Computers Ltd                       TL                 CRISIL BB-     7.5     Reaffirmed
Sainath Knitex Pvt Ltd                  CC                 CRISIL BB      70      Reaffirmed
Sainath Knitex Pvt Ltd                  Proposed LT Bk     CRISIL BB      18.7    Reaffirmed
                                        Loan Fac
Sainath Knitex Pvt Ltd                  TL                 CRISIL BB      2.3     Assigned
Sardar Motors Autowheel Pvt Ltd         CC                 CRISIL BB+     170     -
(Issuer Not Cooperating)
Satkartar Electronics                   Overdraft          CRISIL BB-     20      -
(Issuer Not Cooperating)
Satya Automobiles                       Inventory Funding  CRISIL BBB     200     Upgraded from
                                        Fac                                       CRISIL BBB-
SBJ Holding                             CC                 CRISIL BB-     50      Reaffirmed
(Issuer Not Cooperating)
Sengodan Poultry Farm                   TL                 CRISIL B+      36      Assigned
Sengodan Poultry Farm                   CC                 CRISIL B+      30      Assigned
Sengodan Poultry Farm                   Proposed LT Bk     CRISIL B+      6.5     Assigned
                                        Loan Fac
Shah Coal Pvt Ltd                       Bill Discounting   -              150     Withdrawn
                                        under LOC
(Issuer Not Cooperating)
Shah Coal Pvt Ltd                       CC                 -              50      Withdrawn
(Issuer Not Cooperating)
Shah Coal Pvt Ltd                       LOC                -              1400    Withdrawn
(Issuer Not Cooperating)
Shiva International                     CC                 CRISIL B       50      -
(Issuer Not Cooperating)
Shiva International                     Proposed FB Bk     CRISIL B       40      -
                                        Limits
(Issuer Not Cooperating)
Shiva International                     TL                 CRISIL B       20      -
(Issuer Not Cooperating)
Shivam Jewels - Mumbai                  Rating             -              -       -
(CRISIL is yet to receive adequate information)
Shree Girdhar Gopal Roller Flour Mills  CC                 CRISIL B       40      -
Pvt Ltd
(Issuer Not Cooperating)
Shree Girdhar Gopal Roller Flour Mills  Proposed LT Bk     CRISIL B       15.6    -
Pvt Ltd                                 Loan Fac
(Issuer Not Cooperating)
Shree Girdhar Gopal Roller Flour Mills  TL                 CRISIL B       24.4    -
Pvt Ltd
(Issuer Not Cooperating)
Shree Sairam Communications (India) Pvt CC                 CRISIL B+      95      Reaffirmed
Ltd
Sri Ram Cables Pvt Ltd                  CC                 CRISIL BB      270     -
(Issuer Not Cooperating)
Star Trace Pvt Ltd                      BG                 CRISIL D       200     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Star Trace Pvt Ltd                      CC                 CRISIL D       100     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Subhash Distributors Ltd                CC                 CRISIL BB      200     -
(Issuer Not Cooperating)
Sunny International Ltd                 Export Packing     CRISIL BBB     350     Reaffirmed
                                        Credit
Sunny International Ltd                 Proposed FB Bk     CRISIL BBB     51.5    Reaffirmed
                                        Limits
Sunny International Ltd                 Standby Line of    CRISIL BBB     50      Reaffirmed
                                        Credit
Sunny International Ltd                 TL                 CRISIL BBB     219.5   Reaffirmed
Suprajit Engineering Ltd                CC                 CRISIL AA      550     Upgraded from
                                                                                  CRISIL AA-
Suprajit Engineering Ltd                LT Loan            CRISIL AA      1059.1  Upgraded from
                                                                                  CRISIL AA-
Suprajit Engineering Ltd                Secured Overdraft  CRISIL AA      300     Upgraded from
                                        Fac                                       CRISIL AA-
Suprajit Engineering Ltd                WC Demand Loan     CRISIL AA      450     Upgraded from
                                                                                  CRISIL AA-
Tata Advanced Systems Ltd               CC                 CRISIL AA-     350     -
(Continues on Rating Watch with Developing Implications)
Tata Advanced Systems Ltd               Foreign Currency TLCRISIL AA-     760     -
(Continues on Rating Watch with Developing Implications)
Ten Apparels and Industries Pvt Ltd     Proposed TL        -              220.3   Withdrawn
(Issuer Not Cooperating)
Ten Apparels and Industries Pvt Ltd     Proposed WC Fac    -              49.4    Withdrawn
(Issuer Not Cooperating)
The Daily Thanthi                       CC                 CRISIL BBB-    550     Reaffirmed
The Daily Thanthi                       Proposed LT Bk     CRISIL BBB-    123.8   Reaffirmed
                                        Loan Fac
The Daily Thanthi                       TL                 CRISIL BBB-    1251.7  Reaffirmed
The Malt Company India Pvt Ltd          CC                 CRISIL BB+     120     Assigned
The Malt Company India Pvt Ltd          Proposed LT Bk     CRISIL BB+     80      Assigned
                                        Loan Fac
Uttar Pradesh State Bridge Corpn Ltd    Rating             -              -       -
(CRISIL is yet to receive adequate information)
Varun Foods Processing Pvt Ltd          CC                 CRISIL BB-     50      Reaffirmed
Varun Foods Processing Pvt Ltd          LT Loan            CRISIL BB-     12.2    Reaffirmed
Varun Foods Processing Pvt Ltd          Proposed CC Limit  CRISIL BB-     15      Reaffirmed
Varun Foods Processing Pvt Ltd          Proposed LT Bk     CRISIL BB-     1.3     Reaffirmed
                                        Loan Fac
Veekesy Shoes And Allied Products India CC                 CRISIL BB      90      Reaffirmed
Pvt Ltd
Wellcare Oil Tools Pvt Ltd              Proposed CC Limit  CRISIL BB-     27      Assigned
Wellcare Oil Tools Pvt Ltd              LT Loan            CRISIL BB-     15      Assigned
Wellcare Oil Tools Pvt Ltd              CC                 CRISIL BB-     23      Assigned
Wellcare Oil Tools Pvt Ltd              Proposed LT Bk     CRISIL BB-     25      Assigned
                                        Loan Fac
Windston Springs Pvt Ltd                CC                 CRISIL BB+     70      Reaffirmed
Windston Springs Pvt Ltd                Proposed CC Limit  CRISIL BB+     30      Reaffirmed



--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

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

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

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