May 18, 2018 / 8:02 AM / 9 days ago

CRISIL ratings for Indian debt instruments-May 18

   May 18 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of May 17, 2018.


COMPANY                                 INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
A.A. Autotech Pvt Ltd                   BG                 CRISIL A1+     20      Upgraded from
                                                                                  CRISIL A1
A.A. Autotech Pvt Ltd                   LOC                CRISIL A1+     30      Upgraded from
                                                                                  CRISIL A1
Ahammed Roller Flour Mills Pvt Ltd      LOC                CRISIL A4+     80      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Akash Construction                      Proposed BG        CRISIL A4+     75      Assigned
Anil Kumar Goel                         BG                 CRISIL A4+     100     Reaffirmed
(Issuer Not Cooperating)
ASK Automotive Pvt Ltd                  LOC & BG           CRISIL A1+     5       -
Upgraded from CRISIL A1
ASK Automotive Pvt Ltd                  Pre Shipment Fac   CRISIL A1+     100     -
Upgraded from CRISIL A1
Banglore Polycotters Pvt Ltd            LOC                CRISIL A4+     40      Assigned
Bet Medical Pvt Ltd                     Import LOC Limit   CRISIL A4+     75      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Datta Meghe Institute of Medical        BG                 CRISIL A4      160     Reaffirmed
Sciences
(Issuer Not Cooperating)
Dirco Polymers Pvt Ltd                  Import LOC Limit   CRISIL A4+     70      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Ecron Acunova Ltd                       BG                 CRISIL A4+     25      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Fuso Glass India Pvt Ltd                LOC                CRISIL A4+     30      Assigned
Hindustan Construction - Raebareli      BG                 CRISIL A4      10      Reaffirmed
(Issuer Not Cooperating)
IIFL Wealth Management Ltd              CP Issue*          CRISIL A1+     20000   Assigned
*Assigned for initial public offering financing on an episodic basis
IIFL Wealth Management Ltd              CP Programme       CRISIL A1+     5000    Reaffirmed
J. K. Engicons Pvt Ltd                  BG                 CRISIL A4+     45      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Nuflower Foods And Nutrition Pvt Ltd    BG                 CRISIL A4+     20      Reaffirmed
OSM Projects Pvt Ltd                    Letter Of GuaranteeCRISIL A4      80      Reaffirmed
Migrated from CRISIL A4 (Issuer Not Cooperating)
P.A.S. Petro Product                    Foreign LOC        CRISIL A4      80      Reaffirmed
Paharpur Cooling Technologies           Non-FBL            CRISIL A1      2900    Reaffirmed
(Singapore) PTE. Ltd
Paharpur Cooling Towers Ltd             BG*                CRISIL A1      2000    Reaffirmed
* Interchangeable with letter of credit amounting Rs 160 crore 
and buyers credit amounting Rs 70 crore
Paharpur Cooling Towers Ltd             LOC & BG           CRISIL A1      4550    Reaffirmed
Paharpur Cooling Towers Ltd             Proposed LOC & BG  CRISIL A1      200     Assigned
Paharpur Cooling Towers Ltd             BG                 CRISIL A1      500     -
Paharpur Cooling Towers Ltd             CP                 CRISIL A1      750     Reaffirmed
Paras Polymers Pvt Ltd                  BG                 CRISIL A4+     120     Reaffirmed
Patil Automation Pvt Ltd                BG                 CRISIL A4+     40      Reassigned
Pee Vee Textiles Ltd                    BG                 CRISIL A2      200     Reaffirmed
(Issuer Not Cooperating)
Pee Vee Textiles Ltd                    LOC                CRISIL A2      200     Reaffirmed
(Issuer Not Cooperating)
Peekay Roller Flour Mills               LOC                CRISIL A4+     100     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Prasam Exports                          Packing Credit     CRISIL A4+     65      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Revmax Telecom Infrastructures Pvt Ltd  BG                 CRISIL A4+     50      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Sanatan Logistics Pvt Ltd               BG                 CRISIL A4+     1       Reaffirmed
(Issuer Not Cooperating)
Sanatan Logistics Pvt Ltd               Receivable         CRISIL A4+     50      Reaffirmed
                                        Factoring
(Issuer Not Cooperating)
Sendoz Commercials Pvt Ltd              LOC & BG           CRISIL A4+     70      Reaffirmed
(Issuer Not Cooperating)
Shree Venkateshwara Infrastructure Pvt  BG                 CRISIL A4      40      Reaffirmed
Ltd
(Issuer Not Cooperating)
Shree Venkateshwara Infrastructure Pvt  Overdraft          CRISIL A4      35      Reaffirmed
Ltd
(Issuer Not Cooperating)
Shri Sai Construction Company -         BG                 CRISIL A4+     55      Reaffirmed
Chandrapur
Siraj International LLP                 LOC                CRISIL A4+     90      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Sri Ponni Industries                    Proposed ST Bk     CRISIL A4+     25.5    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating); Rating Migrated
Subhash Kumar Agrawal - Raigarh         BG                 CRISIL A4+     190.1   Reaffirmed
(Issuer Not Cooperating)
VST Industries Ltd                      LOC & BG           CRISIL A1+     600     Reaffirmed

MEDIUM TERM RATINGS:
-------------------
VST Industries Ltd                      FD                 FAAA                   Reaffirmed

LONG TERM RATINGS:
-------------------
A.A. Autotech Pvt Ltd                   CC                 CRISIL AA-     150     Upgraded from
                                                                                  CRISIL A
A.A. Autotech Pvt Ltd                   Proposed LT Bk     CRISIL AA-     360     Upgraded from
                                        Loan Fac                                  CRISIL A
A.A. Autotech Pvt Ltd                   CC*                CRISIL AA-     20      Upgraded from
                                                                                  CRISIL A
*Limit extended to Autotech by carving out from ASK's working capital limit;
 includes LC sublimit of Rs 2 crore, guarantee sublimit of Rs 2 crore, 
 includes working demand loan sublimit of Rs 2 crore 
A.V. Properties India Pvt Ltd           CC                 CRISIL BB-     88      Reaffirmed
(Issuer Not Cooperating)
Ahammed Roller Flour Mills Pvt Ltd      CC                 CRISIL BB      51      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Ajanta Print Arts                       CC                 CRISIL BBB-    60      -
(Issuer Not Cooperating); Migrated from CRISIL BBB
Ajanta Print Arts                       Overdraft          CRISIL BBB-    60      -
(Issuer Not Cooperating); Migrated from CRISIL BBB
Ajanta Print Arts                       Proposed LT Bk     CRISIL BBB-    36.7    -
                                        Loan Fac
(Issuer Not Cooperating); Migrated from CRISIL BBB
Ajanta Print Arts                       TL                 CRISIL BBB-    143.3   -
(Issuer Not Cooperating); Migrated from CRISIL BBB
Akash Construction                      Proposed CC Limit  CRISIL BB      10      Assigned
Anil Kumar Goel                         CC                 CRISIL BB-     20      Reaffirmed
(Issuer Not Cooperating)
ASK Automotive Pvt Ltd                  CC$                CRISIL AA-     300     -
$includes working capital demand loan sublimit of Rs 30 crore, 
 export packing credit/packing credit in foreign currency sublimit 
 of Rs 5 crore, foreign bill discounting/foreign bill negotiation/post
 shipment credit in foreign currency sublimit of Rs 5 crore
ASK Automotive Pvt Ltd                  LT Loan            CRISIL AA-     600     -
Upgraded from CRISIL A+
ASK Automotive Pvt Ltd                  Proposed LT Bk     CRISIL AA-     53.7    Assigned
                                        Loan Fac
Upgraded from CRISIL A+
ASK Automotive Pvt Ltd                  TL                 CRISIL AA-     508.8   Assigned
Upgraded from CRISIL A+
ASK Automotive Pvt Ltd                  WC Fac*            CRISIL AA-     162.5   Assigned
*includes pre-shipment sublimit of Rs 16.25 cr, sight letter of credit 
 sublimit of Rs 16.25 crore, guarantee sublimit of Rs 4 crore, working 
 capital demand loan sublimit of Rs 16.25 crore, cash credit sublimit 
 of Rs 16.25 crore, buyer's credit sublimit of Rs 12 crore, usance letter 
 of credit sublimit of Rs 16.25 crore, pre/post shipment finance under
 LC/PO sublimit of Rs 16.25 crore, bill discounting sublimit of Rs 16.25 crore
ASK Automotive Pvt Ltd                  CC%                CRISIL AA-     300     -
%includes working capital demand loan sublimit of Rs 30 crore
B.P.Packagings Pvt Ltd                  CC                 CRISIL BB-     41.5    Reaffirmed
(Issuer Not Cooperating)
B.P.Packagings Pvt Ltd                  Proposed LT Bk     CRISIL BB-     6       Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
B.P.Packagings Pvt Ltd                  TL                 CRISIL BB-     14      Reaffirmed
(Issuer Not Cooperating)
Bakers Circle India Pvt Ltd             Buyer`s Credit     -              30      Withdrawn
(Issuer Not Cooperating); Migrated from CRISIL A4+ ; Rating Withdrawn
Bakers Circle India Pvt Ltd             CC                 -              55      Withdrawn
(Issuer Not Cooperating); Migrated from CRISIL A4+ ; Rating Withdrawn
Bakers Circle India Pvt Ltd             Standby Line of    -              95      Withdrawn
                                        Contract
(Issuer Not Cooperating); Migrated from CRISIL A4+ ; Rating Withdrawn
Banglore Polycotters Pvt Ltd            CC                 CRISIL BB-     110     Assigned
Bet Medical Pvt Ltd                     TL                 CRISIL BB      35      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Bhoomee Land Developers and Builders    TL                 CRISIL BB      92.5    Reaffirmed
(Issuer Not Cooperating)
Biesse Manufacturing Company Pvt Ltd    CC                 -              210     Withdrawn
(Issuer Not Cooperating); Migrated  from CRISIL BBB+ ; Rating Withdrawn
Biesse Manufacturing Company Pvt Ltd    TL                 -              368     Withdrawn
(Issuer Not Cooperating); Migrated  from CRISIL BBB+ ; Rating Withdrawn
Dadha Pharma Distribution Pvt Ltd       CC                 CRISIL BBB-    200     Reaffirmed
Datta Meghe Institute of Medical        CC                 CRISIL B       70      Reaffirmed
Sciences
(Issuer Not Cooperating)
Datta Meghe Institute of Medical        Loan Against       CRISIL B       50      Reaffirmed
Sciences                                Property
(Issuer Not Cooperating)
Dirco Polymers Pvt Ltd                  CC                 CRISIL BB      120     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Dirco Polymers Pvt Ltd                  Proposed FB Bk     CRISIL BB      40      Reaffirmed
                                        Limits
(Issuer Not Cooperating); Rating Migrated
Ecron Acunova Ltd                       CC                 CRISIL BB+     100     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Ecron Acunova Ltd                       Letter of Comfort  CRISIL BB+     352.1   Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Ecron Acunova Ltd                       Proposed LT Bk     CRISIL BB+     7.9     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating); Rating Migrated
Ecron Acunova Ltd                       Rupee TL           CRISIL BB+     50      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Fabjewels Pvt Ltd                       CC                 CRISIL BBB     800     Reaffirmed
CRISIL BBB
Foremost International Pvt Ltd          Foreign Bill       CRISIL D       90      Reaffirmed
                                        Discounting
(Issuer Not Cooperating)
Foremost International Pvt Ltd          Foreign LOC        CRISIL D       26.5    Reaffirmed
(Issuer Not Cooperating)
Foremost International Pvt Ltd          LT Loan            CRISIL D       11      Reaffirmed
(Issuer Not Cooperating)
Foremost International Pvt Ltd          Packing Credit     CRISIL D       90      Reaffirmed
(Issuer Not Cooperating)
Fuso Glass India Pvt Ltd                LT Loan            CRISIL BB+     135     Assigned
Fuso Glass India Pvt Ltd                CC                 CRISIL BB+     330     Assigned
Genesis Finance Co. Ltd                 Overdraft          CRISIL BB+     100     -
Upgraded from CRISIL BB
Genesis Finance Co. Ltd                 TL                 CRISIL BB+     250     -
Upgraded from CRISIL BB
HI Build Coatings Pvt Ltd               CC                 CRISIL BB+     160     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
HI Build Coatings Pvt Ltd               LT Loan            CRISIL BB+     107.6   Reaffirmed
(Issuer Not Cooperating); Rating Migrated
HI Build Coatings Pvt Ltd               Proposed LT Bk     CRISIL BB+     62.4    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating); Rating Migrated
Hindustan Construction - Raebareli      CC                 CRISIL B       60      Reaffirmed
(Issuer Not Cooperating)
Hindustan Construction - Raebareli      TL                 CRISIL B       4.7     Reaffirmed
(Issuer Not Cooperating)
Interfab Apparels                       CC                 CRISIL BB      49.5    Assigned
Interfab Apparels                       Proposed CC Limit  CRISIL BB      30.5    Assigned
J. K. Engicons Pvt Ltd                  CC                 CRISIL BB-     2.5     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
J. K. Engicons Pvt Ltd                  TL                 CRISIL BB-     7.5     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Jaideep Trading Company                 CC                 CRISIL BB-     75      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Jaideep Trading Company                 Proposed LT Bk     CRISIL BB-     30      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating); Rating Migrated
Kamson Healthcare Pvt Ltd               CC                 CRISIL BB-     5       -
Upgraded from CRISIL B+
Kamson Healthcare Pvt Ltd               TL                 CRISIL BB-     101     -
Upgraded from CRISIL B+
KEW Industries Ltd                      CC                 CRISIL D       149.5   Reaffirmed
(Issuer Not Cooperating); Rating Migrated
KEW Industries Ltd                      TL                 CRISIL D       10.5    Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Koppal Solar Power Projects Pvt Ltd     TL                 CRISIL D       100
(Issuer Not Cooperating): Downgraded from CRISIL B+ (Issuer Not Cooperating)
KRS Pharmaceuticals Pvt Ltd             CC                 CRISIL B-      17.2    Reaffirmed
(Issuer Not Cooperating); Rating Migrated
KRS Pharmaceuticals Pvt Ltd             Proposed LT Bk     CRISIL B-      2.8     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating); Rating Migrated
KRS Pharmaceuticals Pvt Ltd             TL                 CRISIL B-      76.1    Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Laggar Industries Ltd                   CC                 CRISIL D       140     Reaffirmed
(Issuer Not Cooperating)
Laxmi Rice Mills                        CC                 CRISIL B       125     - 
Downgraded from CRISIL B+
Laxmi Rice Mills                        TL                 CRISIL B       10      -
Downgraded from CRISIL B+
Longulf Trading India Pvt Ltd           CC                 CRISIL BBB-    200     -
Upgraded from CRISIL BB+
Lotus Farms                             CC                 CRISIL BB      479     Reaffirmed
Lotus Farms                             Proposed LT Bk     CRISIL BB      18      Reaffirmed
                                        Loan Fac
Lotus Farms                             TL                 CRISIL BB      333     Reaffirmed
Lotus Poultries Pvt Ltd                 CC                 CRISIL BB-     43      Reaffirmed
Lotus Poultries Pvt Ltd                 LT Loan            CRISIL BB-     107.9   Reaffirmed
Lotus Poultries Pvt Ltd                 Proposed LT Bk     CRISIL BB-     59.1    Reaffirmed
                                        Loan Fac
Madhya Bharat Phosphate Pvt Ltd         BG                 CRISIL D       9       Reaffirmed
Migrated from CRISIL D (Issuer Not Cooperating)
Madhya Bharat Phosphate Pvt Ltd         CC                 CRISIL D       200     Reaffirmed
Migrated from CRISIL D (Issuer Not Cooperating)
Madhya Bharat Phosphate Pvt Ltd         LOC                CRISIL D       80      Reaffirmed
Migrated from CRISIL D (Issuer Not Cooperating)
Madhya Bharat Phosphate Pvt Ltd         Proposed LT Bk     CRISIL D       161     Reaffirmed
                                        Loan Fac
Migrated from CRISIL D (Issuer Not Cooperating)
Marc Enterprises Pvt Ltd                CC                 CRISIL BB      200     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Marc Enterprises Pvt Ltd                Proposed FB Bk     CRISIL BB      80      Reaffirmed
                                        Limits
(Issuer Not Cooperating); Rating Migrated
Marc Enterprises Pvt Ltd                TL                 CRISIL BB      120     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Meghmani Finechem Ltd                   CC*                CRISIL A+      700     Reaffirmed
*Fully interchangeable with Letter of Credit and Bank Guarantee
Meghmani Finechem Ltd                   Rupee TL           CRISIL A+      1500    Reaffirmed
Metropolis Properties Pvt Ltd           Proposed LT Bk     CRISIL BB      50      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Metropolis Properties Pvt Ltd           Secured Overdraft  CRISIL BB      50      Reaffirmed
                                        Fac
(Issuer Not Cooperating)
Neptune Super Speciality Hospitals Pvt  Proposed LT Bk     CRISIL B       10      Reaffirmed
Ltd                                     Loan Fac
(Issuer Not Cooperating); Rating Migrated
Neptune Super Speciality Hospitals Pvt  Proposed TL        CRISIL B       100     Reaffirmed
Ltd
(Issuer Not Cooperating); Rating Migrated
Nikunj Exports                          CC                 CRISIL B+      60      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Nikunj Exports                          LT Loan            CRISIL B+      46      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Nikunj Exports                          Proposed FB Bk     CRISIL B+      19      Reaffirmed
                                        Limits
(Issuer Not Cooperating); Rating Migrated
Nuflower Foods And Nutrition Pvt Ltd    CC                 CRISIL BB      20      Reaffirmed
Nuflower Foods And Nutrition Pvt Ltd    TL                 CRISIL BB      10      Reaffirmed
OSM Projects Pvt Ltd                    CC                 CRISIL B+      99      Reaffirmed
Migrated from CRISIL B+(Issuer Not Cooperating)
OSM Projects Pvt Ltd                    TL                 CRISIL B+      1       Reaffirmed
Migrated from CRISIL B+(Issuer Not Cooperating)
P.A.S. Petro Product                    CC                 CRISIL B+      45      Reaffirmed
P.A.S. Petro Product                    Foreign LOC        CRISIL B+      40      Assigned
Paharpur Cooling Technologies           FB Fac             CRISIL A+      1600    Reaffirmed
(Singapore) PTE. Ltd
Paharpur Cooling Towers Ltd             CC                 CRISIL A+      1350    Reaffirmed
Paharpur Cooling Towers Ltd             LOC & BG**         CRISIL A+      1250    -
** Fully interchangeable with fund based facilities
Paharpur Cooling Towers Ltd             LT Bk Fac          CRISIL A+      600     Assigned
Paharpur Cooling Towers Ltd             Proposed CC Limit  CRISIL A+      150     Assigned
Paras Foods                             CC                 CRISIL D       50      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Paras Foods                             TL                 CRISIL D       40      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Patil Automation Pvt Ltd                WC TL              CRISIL BB-     10      Assigned
Patil Automation Pvt Ltd                TL                 CRISIL BB-     40      Assigned
Patil Automation Pvt Ltd                Proposed BG        CRISIL BB-     24.5    Assigned
Pee Vee Textiles Ltd                    CC                 CRISIL BBB+    800     Reaffirmed
(Issuer Not Cooperating)
Pee Vee Textiles Ltd                    Standby LOC        CRISIL BBB+    100     Reaffirmed
(Issuer Not Cooperating)
Pee Vee Textiles Ltd                    TL                 CRISIL BBB+    2850    Reaffirmed
(Issuer Not Cooperating)
Peekay Roller Flour Mills               CC                 CRISIL BB      60      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Peekay Roller Flour Mills               LT Loan            CRISIL BB      2       Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Prakash Industrial Infrastructure Pvt   BG                 -              75      Withdrawn
Ltd
Prakash Industrial Infrastructure Pvt   CC                 -              100     Withdrawn
Ltd
Prakash Industrial Infrastructure Pvt   Proposed LT Bk     -              120     Withdrawn
Ltd                                     Loan Fac
Prakash Industrial Infrastructure Pvt   TL                 CRISIL B       85      Reaffirmed
Ltd
Prasam Exports                          CC                 CRISIL BB-     15      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Prasam Exports                          Proposed LT Bk     CRISIL BB-     70      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating); Rating Migrated
R. K. Msand and Aggregates              Overdraft          CRISIL BB      125     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Rachana Life Spaces                     TL                 CRISIL BB-     300     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Radhadamodar Multipurpose Coldstorage   CC                 CRISIL B+      67.5    Reaffirmed
Pvt Ltd
Radhadamodar Multipurpose Coldstorage   Proposed LT Bk     CRISIL B+      8       Reaffirmed
Pvt Ltd                                 Loan Fac
Radhadamodar Multipurpose Coldstorage   TL                 CRISIL B+      12      Assigned
Pvt Ltd
Raj Agencies - Pune                     CC                 CRISIL BB+     100     Reaffirmed
Rajasthan Fasteners Pvt Ltd             BG                 CRISIL D       2.5     Reaffirmed
(Issuer Not Cooperating)
Rajasthan Fasteners Pvt Ltd             CC                 CRISIL D       20      Reaffirmed
(Issuer Not Cooperating)
Rajasthan Fasteners Pvt Ltd             Foreign Bill       CRISIL D       30      Reaffirmed
                                        Purchase
(Issuer Not Cooperating)
Rajasthan Fasteners Pvt Ltd             Foreign LOC        CRISIL D       3       Reaffirmed
(Issuer Not Cooperating)
Rajasthan Fasteners Pvt Ltd             Packing Credit     CRISIL D       80      Reaffirmed
(Issuer Not Cooperating)
Revmax Telecom Infrastructures Pvt Ltd  CC                 CRISIL BB-     50      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Rishika Cottons Pvt Ltd                 CC                 CRISIL B+      150     Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Romega Foam Pvt Ltd                     CC                 CRISIL D       65      -
(Issuer Not Cooperating): Downgraded from CRISIL B (Issuer Not Cooperating)
Romega Foam Pvt Ltd                     LOC                CRISIL D       25      -
(Issuer Not Cooperating): Downgraded from CRISIL B (Issuer Not Cooperating)
Romega Foam Pvt Ltd                     LT Loan            CRISIL D       10      -
(Issuer Not Cooperating): Downgraded from CRISIL B (Issuer Not Cooperating)
S. S. Gold-Unit of S. S. Chains         CC                 -              50      Withdrawn
Jewellery Pvt Ltd
S. S. Gold-Unit of S. S. Chains         Proposed LT Bk     -              50      Withdrawn
Jewellery Pvt Ltd                       Loan Fac
Sanatan Logistics Pvt Ltd               CC                 CRISIL BB-     155     Reaffirmed
(Issuer Not Cooperating)
Sanatan Logistics Pvt Ltd               Proposed CC Limit  CRISIL BB-     194     Reaffirmed
(Issuer Not Cooperating)
Sendoz Commercials Pvt Ltd              CC                 CRISIL BB+     160     Reaffirmed
(Issuer Not Cooperating)
Shree Karthik Papers Ltd                CC                 -              70      Withdrawn
(Issuer Not Cooperating)
Shree Karthik Papers Ltd                LT Loan            -              30      Withdrawn
(Issuer Not Cooperating)
Shree Venkateshwara Infrastructure Pvt  Proposed LT Bk     CRISIL B       5       Reaffirmed
Ltd                                     Loan Fac
(Issuer Not Cooperating)
Shri Sai Construction Company -         CC                 CRISIL BB      20      Upgraded from
Chandrapur                                                                        CRISIL BB-
Shri Sai Construction Company -         TL                 CRISIL BB      22.9    Upgraded from
Chandrapur                                                                        CRISIL BB-
Shriram Properties and Infrastructure   BG                 CRISIL C       300     Reaffirmed
Pvt Ltd
(Issuer Not Cooperating); Rating Migrated
Siraj International LLP                 CC                 CRISIL BB      50      Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Sri Chaitanya Rice Mill - East Godavari CC                 CRISIL B+      160     Reaffirmed
(Issuer Not Cooperating)
Sri Ponni Industries                    CC                 CRISIL BB-     24.5    Reaffirmed
(Issuer Not Cooperating); Rating Migrated
Sri Sunflower Educational Society       LT Loan            CRISIL D       120     Reaffirmed
(Issuer Not Cooperating)
Stelco Ltd                              CC                 CRISIL BBB+    220     Reaffirmed
Suadela Constructions Pvt Ltd           Proposed TL        -              1000    Withdrawn
Suadela Constructions Pvt Ltd           TL                 -              1000    Withdrawn
Subhash Kumar Agrawal - Raigarh         CC                 CRISIL BB+     0.9     Reaffirmed
(Issuer Not Cooperating)
Subhash Kumar Agrawal - Raigarh         Proposed BG        CRISIL BB+     4       Reaffirmed
(Issuer Not Cooperating)
Synergy Agri Products Pvt Ltd           CC                 CRISIL B-      22.5    Assigned;
                                                                                  Suspension
                                                                                  Revoked
Synergy Agri Products Pvt Ltd           Proposed LT Bk     CRISIL B-      27.5    Assigned;
                                        Loan Fac                                  Suspension
                                                                                  Revoked
Synergy Agri Products Pvt Ltd           TL                 CRISIL B-      70      Assigned;
                                                                                  Suspension
                                                                                  Revoked
Time Mauser Industries Pvt Ltd          CC                 -              130     Withdrawn
Time Mauser Industries Pvt Ltd          Corporate Loan     -              50      Withdrawn
Time Mauser Industries Pvt Ltd          LOC & BG           -              70      Withdrawn
Uddyam Cement Pvt Ltd                   Proposed LT Bk     CRISIL B       140     Reaffirmed
                                        Loan Fac
V.R.N. Enterprises Pvt Ltd              CC                 CRISIL D       200     Reaffirmed
(Issuer Not Cooperating)
VST Industries Ltd                      NCD                CRISIL AA+     150     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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