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CRISIL ratings for Indian debt instruments-Nov 10

   Nov 10  - Below are the ratings awarded by Credit Rating Information Service of India
(CRISIL) for local debt instruments as of November 9, 2020.


COMPANY                                INSTRUMENT        RATING        AMOUNT MOVEMENT
                                                                      (RS.MLN)
------                                 ----------        ------        -----  ---------
SHORT TERM RATINGS:
-------------------
Aauraa International                   Packing Credit    CRISIL A4     60     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Agsons Agencies India Pvt Ltd          LOC               CRISIL A4     700    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Allure Tex Trend Pvt Ltd               Foreign Exchange  CRISIL A4     2.5    Reaffirmed
                                       Forward
(Issuer Not Cooperating)
Allure Tex Trend Pvt Ltd               Foreign Exchange  CRISIL A4     2.5    Reaffirmed
                                       Forward
(Issuer Not Cooperating)
Anil Engineering Works - Hyderabad     BG                CRISIL A4     10     -
(Issuer Not Cooperating)
Apex Frozen Foods Ltd                  Export Funding    CRISIL A2+    1250   Reaffirmed
Apex Frozen Foods Ltd                  Non-FBL           CRISIL A2+    75     Reaffirmed
Asha Ispat Pvt Ltd                     BG                CRISIL A4     7.5    Reaffirmed
(Issuer Not Cooperating)
Asha Ispat Pvt Ltd                     Proposed ST Bk    CRISIL A4     4.8    Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Asha Ispat Pvt Ltd                     Standby Line of   CRISIL A4     2      Reaffirmed
                                       Credit
(Issuer Not Cooperating)
Avenue Supermarts Ltd                  CP                CRISIL A1+    2000   -
B.B. Styro Extrusion Pvt Ltd           BG                CRISIL A4     6.7    Reaffirmed
(Issuer Not Cooperating)
B.B. Styro Extrusion Pvt Ltd           Inland/Import LOC CRISIL A4     40     Reaffirmed
(Issuer Not Cooperating)
Basant Overseas                        Export Packing    CRISIL A4     100    -
                                       Credit & Export
                                       Bills Negotiation/Foreign Bill discounting
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Flash Distribution Pvt Ltd             BG                CRISIL A3     750    Reaffirmed
Future Lifestyle Fashions Ltd          LOC^              CRISIL A4     4750   -
(Downgraded from 'CRISIL A4+'; Continues on 'Rating Watch with Negative Implications'.
^Interchangeable with letter of undertaking and bank guarantee)
Harvins Constructions Pvt Ltd          BG                CRISIL A4+    400    Reaffirmed
Hindustan Zinc Ltd                     LOC^              CRISIL A1+    5000   Reaffirmed
(^Sublimit of SBLC of Rs 100 crore and BG of Rs 150 crore)
Hindustan Zinc Ltd                     LOC^^             CRISIL A1+    6500   Reaffirmed
(^^Sublimit of BG of Rs 300 crore)
Hindustan Zinc Ltd                     CP                CRISIL A1+    75000  Reaffirmed
Jagannath Textile Co. Ltd              BG                CRISIL A4     12     Reaffirmed
Jagannath Textile Co. Ltd              LOC               CRISIL A4     5      Reaffirmed
Kongunadu Infrastructure LLP           ST Rating         CRISIL A4     -      Assigned
R. N. Kapoor Textiles Pvt Ltd          LOC               CRISIL A4     6      -
(Migrated from 'CRISIL A4+)
Rafeek Cashew Company                  ST Rating         CRISIL A4     -      -
(Migrated from 'CRISIL A4 ISSUER NOT COOPERATING')
S. Thartius Engineering Contractors    ST Rating         CRISIL A4     -      Reaffirmed
Secunderabad Hotels Pvt Ltd            ST Rating         CRISIL A4+    -      -
(Placed on 'Rating Watch with Negative Implications')
Shivam Motors Pvt Ltd                  ST Rating         CRISIL A4+    -      -
(Placed on 'Rating Watch with Negative Implications')
Shreenath Ceramics Industries          ST Rating         CRISIL A3     -      -
(Migrated from 'CRISIL A4+/Stable ISSUER NOT COOPERATING')
Shri Ram Krupa Medicare Pvt Ltd        BG                CRISIL A4+    15     Reaffirmed
(Placed on 'Rating Watch with Developing Implications')
SKS Karkala Infra Projects Pvt Ltd     BG                CRISIL A4+    250    Assigned
Sneha Farms Pvt Ltd                    LOC & BG          CRISIL A2     55     Reaffirmed
SRC Company Infra Pvt Ltd              ST Rating         CRISIL A3+    -      Reaffirmed
Tessitura Monti India Pvt Ltd          ST Rating         CRISIL A4     -      -
(Downgraded from 'CRISIL A4+'; Placed on 'Rating Watch with Negative Implications')
Vijayawada Hospitalities Pvt Ltd       BG                CRISIL A4+    7      Reaffirmed
(Placed on 'Rating Watch with Negative Implications')
Vijayawada Hospitalities Pvt Ltd       Overdraft         CRISIL A4+    10     Reaffirmed
(Placed on 'Rating Watch with Negative Implications')
Welsuit Glass and Ceramics Pvt Ltd     ST Rating         CRISIL A3     -      -
(Migrated from 'CRISIL A4+ ISSUER NOT COOPERATING')

 
LONG TERM RATINGS:
-------------------
Aauraa International                   Proposed WC Fac   CRISIL        30     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Aauraa International                   TL                CRISIL        10     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Aditya Car Care Pvt Ltd                Inventory Funding CRISIL        220    -
                                       Fac               B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Agsons Agencies India Pvt Ltd          LOC               CRISIL        150    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Ainaj Industries                       CC                CRISIL        170    Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Akshay Food Impex Pvt Ltd              LT Rating         CRISIL        -      -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Allure Tex Trend Pvt Ltd               Foreign Bill      CRISIL        110    Reaffirmed
                                       Purchase          B+/Stable
(Issuer Not Cooperating)
Allure Tex Trend Pvt Ltd               Foreign Bill      CRISIL        110    Reaffirmed
                                       Purchase          B+/Stable
(Issuer Not Cooperating)
Amaleswari Constructions               BG                CRISIL D      40     Reaffirmed
(Issuer Not Cooperating)
Amaleswari Constructions               CC                CRISIL D      25     Reaffirmed
(Issuer Not Cooperating)
Amaleswari Constructions               Proposed LT Bk    CRISIL D      15     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Anil Engineering Works - Hyderabad     CC                CRISIL B/Stable 10     -
(Issuer Not Cooperating)
Anil Engineering Works - Hyderabad     Proposed LT Bk    CRISIL B/Stable 32     -
                                       Loan Fac
(Issuer Not Cooperating)
Anil Engineering Works - Hyderabad     TL                CRISIL B/Stable 18     -
(Issuer Not Cooperating)
Apex Frozen Foods Ltd                  Foreign Currency TCRISIL        51.7   Reaffirmed
                                                         A-/Stable
Apex Frozen Foods Ltd                  Proposed LT Bk    CRISIL        23.3   Reaffirmed
                                       Loan Fac          A-/Stable
Arbee Aquatic Proteins Pvt Ltd         CC                CRISIL        100    Reaffirmed
                                                         BB+/Stable
Arbee Aquatic Proteins Pvt Ltd         Foreign LOC       CRISIL        25     Reaffirmed
                                                         BB+/Stable
Arbee Aquatic Proteins Pvt Ltd         Proposed LT Bk    CRISIL        5      Reaffirmed
                                       Loan Fac          BB+/Stable
Arbee Aquatic Proteins Pvt Ltd         TL                CRISIL        70     Reaffirmed
                                                         BB+/Stable
Armin Industries                       TL                CRISIL        80     Assigned
                                                         BB/Stable
Armin Industries                       CC                CRISIL        90     Assigned
                                                         BB/Stable
Armin Industries                       Proposed FB Bk    CRISIL        20     Assigned
                                       Limits            BB/Stable
ARR Infra Promoters                    Overdraft         CRISIL        50     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Asha Ispat Pvt Ltd                     CC                CRISIL        45     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Avant Trading Company Pvt Ltd          Overdraft         CRISIL        50     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Avant Trading Company Pvt Ltd          Proposed LT Bk    CRISIL        20     Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
Avenue Supermarts Ltd                  Proposed FB Bk    CRISIL        2350   Reaffirmed
                                       Limits            AA+/Stable
Avenue Supermarts Ltd                  WC Fac            CRISIL        3500   Reaffirmed
                                                         AA+/Stable
B.B. Styro Extrusion Pvt Ltd           CC                CRISIL        23.3   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B.B. Styro Extrusion Pvt Ltd           TL                CRISIL        30     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Babina Healthcare and Hospitality      LT Rating         CRISIL BB     -      -
Industries Pvt Ltd
(Downgraded from 'CRISIL BB+/Stable'; Placed on 'Rating Watch with Developing Implications')
Babina Healthcare Pvt Ltd              LT Loan           CRISIL        150    -
                                                         B+/Watch
                                                         Developing
(Downgraded from 'CRISIL BB-/Stable'; Placed on 'Rating Watch with Developing Implications)
Babina Healthcare Pvt Ltd              LT Loan           CRISIL        150    -
                                                         B+/Watch
                                                         Developing
Babina Hospitalities Pvt Ltd           LT Loan           CRISIL BB     200    -
(Downgraded from 'CRISIL BB+/Stable'; Placed on 'Rating Watch with Developing Implications)
Ballium Exports                        LT Rating         CRISIL        -      -
                                                         B/Stable
(ISSUER NOT COOPERATING)
Chirag Rice & Pulse Mill               CC                CRISIL B/Stable 50   Reaffirmed
(Issuer Not Cooperating)
Chirag Rice & Pulse Mill               Proposed LT Bk    CRISIL B/Stable 5.2  Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Chirag Rice & Pulse Mill               TL                CRISIL B/Stable 1.8  Reaffirmed
(Issuer Not Cooperating)
Cometweld Pvt Ltd                      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Deoghar Industries Pvt Ltd             Proposed CC Limit CRISIL        60     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Deoghar Industries Pvt Ltd             TL                CRISIL        84.5   Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Diamond Engineering (Chennai) Pvt Ltd  CC**              CRISIL D      407.9  Reaffirmed
(Issuer Not Cooperating. 
**Includes letter of credit sub-limit of Rs.0.80 crore.)
Diamond Engineering (Chennai) Pvt Ltd  CC#               CRISIL D      200    Reaffirmed
(Issuer Not Cooperating. 
#Includes export packing credit sub-limit of Rs.10.0 crore and foreign bill discounting
sub-limit of Rs.10.0 crore.)
Diamond Engineering (Chennai) Pvt Ltd  Funded Interest TL CRISIL D     157.1  Reaffirmed
(Issuer Not Cooperating)
Diamond Engineering (Chennai) Pvt Ltd  LOC & BG          CRISIL D      150    Reaffirmed
(Issuer Not Cooperating)
Diamond Engineering (Chennai) Pvt Ltd  LT Loan           CRISIL D      150    Reaffirmed
(Issuer Not Cooperating)
Diamond Engineering (Chennai) Pvt Ltd  TL                CRISIL D      188.3  Reaffirmed
(Issuer Not Cooperating)
Diamond Engineering (Chennai) Pvt Ltd  WC TL             CRISIL D      1264.4 Reaffirmed
(Issuer Not Cooperating)
Durga Extraction Pvt Ltd               CC                -             50     Withdrawn
(Issuer Not Cooperating)
Durga Extraction Pvt Ltd               Proposed LT Bk    -             40     Withdrawn
                                       Loan Fac
(Issuer Not Cooperating)
Durga Extraction Pvt Ltd               TL                -             20     Withdrawn
(Issuer Not Cooperating)
Durga Extraction Pvt Ltd               CC                -             50     Withdrawn
(Issuer Not Cooperating)
Durga Extraction Pvt Ltd               Proposed LT Bk    -             40     Withdrawn
                                       Loan Fac
(Issuer Not Cooperating)
Durga Extraction Pvt Ltd               TL                -             20     Withdrawn
(Issuer Not Cooperating)
Dwarika Prasad Jan Kalyan Samiti       Proposed LT Bk    CRISIL        10     Reaffirmed
                                       Loan Fac          B/Stable
Flash Distribution Pvt Ltd             CC                CRISIL        100    Reaffirmed
                                                         BBB-/Stable
Flash Distribution Pvt Ltd             Channel Financing CRISIL        350    Reaffirmed
                                                         BBB-/Stable
Flash Distribution Pvt Ltd             Proposed LT Bk    CRISIL        400    Reaffirmed
                                       Loan Fac          BBB-/Stable
Future Lifestyle Fashions Ltd          CC*               CRISIL B      5500   -
(Downgraded from 'CRISIL BB'; Continues on 'Rating Watch with Negative Implications'. 
*Interchangeable with working capital demand loan and commercial paper)
Future Lifestyle Fashions Ltd          LT Loan           CRISIL B      4750   -
(Downgraded from 'CRISIL BB'; Continues on 'Rating Watch with Negative Implications')
Future Lifestyle Fashions Ltd          NCD               CRISIL B      5000
 
Harvins Constructions Pvt Ltd          Overdraft         CRISIL        60     Reaffirmed
                                                         BB-/Stable
Harvins Constructions Pvt Ltd          Proposed LT Bk    CRISIL        15     Assigned
                                       Loan Fac          BB-/Stable
Hindustan Zinc Ltd                     Bill Discounting  CRISIL        500    Reaffirmed
                                                         AAA/Stable
Hindustan Zinc Ltd                     CC#               CRISIL        10000  Reaffirmed
                                                         AAA/Stable
(#Sublimit of bill discounting facility of Rs 700 crore, EPC of Rs 500 crore and 
foreign usance bills of Rs 500 crore)
Hindustan Zinc Ltd                     FB Fac            CRISIL        1000   Reaffirmed
                                                         AAA/Stable
Hindustan Zinc Ltd                     Overdraft         CRISIL        2000   Reaffirmed
                                                         AAA/Stable
Hindustan Zinc Ltd                     Overdraft*        CRISIL        1500   Reaffirmed
                                                         AAA/Stable
(*Sublimit of EPC/bill discounting/PCFC/BG/LC/SBLC limit of Rs 150 crore)
Hindustan Zinc Ltd                     Rupee TL          CRISIL        15000  Reaffirmed
                                                         AAA/Stable
Hindustan Zinc Ltd                     Standby LOC@      CRISIL        2500   Assigned
                                                         AAA/Stable
(@Sublimit of LC of Rs 250 crore)
Hindustan Zinc Ltd                     NCD               CRISIL        85000  Reaffirmed
                                                         AAA/Stable
Huhtamaki Foodservice Packaging India  Rating Advisory   -             -      -
Pvt Ltd
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Jagannath Textile Co. Ltd              BG                CRISIL        12     -
                                                         A4/Watch
                                                         Developing
(Placed on 'Rating Watch with Developing Implications)
Jagannath Textile Co. Ltd              LOC               CRISIL        5      -
                                                         A4/Watch
                                                         Developing
(Placed on 'Rating Watch with Developing Implications)
Jagannath Textile Co. Ltd              CC                CRISIL B-     550    Reaffirmed
Jagannath Textile Co. Ltd              Corporate Loan    CRISIL B-     20.2   Reaffirmed
Jagannath Textile Co. Ltd              Proposed TL       CRISIL B-     14.7   -
Jagannath Textile Co. Ltd              TL                CRISIL B-     191.2  -
Jagannath Textile Co. Ltd              WC TL             CRISIL B-     20     Assigned
Jagannath Textile Co. Ltd              CC                CRISIL        550    -
                                                         B-/Watch
                                                         Developing
(Placed on 'Rating Watch with Developing Implications)
Jagannath Textile Co. Ltd              Corporate Loan    CRISIL        20.2   -
                                                         B-/Watch
                                                         Developing
(Placed on 'Rating Watch with Developing Implications)
Jagannath Textile Co. Ltd              Proposed TL       CRISIL        14.7   -
                                                         B-/Watch
                                                         Developing
(Placed on 'Rating Watch with Developing Implications)
Jagannath Textile Co. Ltd              TL                CRISIL        191.2  -
                                                         B-/Watch
                                                         Developing
(Placed on 'Rating Watch with Developing Implications)
Jagannath Textile Co. Ltd              WC TL             CRISIL        20     -
                                                         B-/Watch
                                                         Developing
(Placed on 'Rating Watch with Developing Implications)
Jai Singh and Company                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
JM Frictech India Pvt Ltd              Bill Discounting  CRISIL        340    Reaffirmed
                                                         BBB/Stable
JM Frictech India Pvt Ltd              CC                CRISIL        180    Reaffirmed
                                                         BBB/Stable
JM Frictech India Pvt Ltd              Proposed LT Bk    CRISIL        5.4    Reaffirmed
                                       Loan Fac          BBB/Stable
JM Frictech India Pvt Ltd              TL                CRISIL        110    Reaffirmed
                                                         BBB/Stable
K and T Agro Mills Pvt Ltd             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kohinoor Printers Pvt Ltd              CC                CRISIL        50     -
                                                         BB-/Stable
(Downgraded from 'CRISIL BB/Stable')
Kohinoor Printers Pvt Ltd              LT Loan           CRISIL        39.3   -
                                                         BB-/Stable
(Downgraded from 'CRISIL BB/Stable')
Kohinoor Printers Pvt Ltd              Proposed FB Bk    CRISIL        10.7   -
                                       Limits            BB-/Stable
(Downgraded from 'CRISIL BB/Stable')
Kongunadu Infrastructure LLP           LT Rating         CRISIL        -      Assigned
                                                         B+/Stable
Kunnath Paper Mills Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Majestic Exports                       Export Packing    CRISIL        200    Reaffirmed
                                       Credit            BBB/Stable
Mascot Forge Pvt Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Max Towers Pvt Ltd                     Rupee TL          CRISIL        1170   Assigned
                                                         A/Stable
Meeka Machinery Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
PMR Construction Company               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
R. N. Kapoor Textiles Pvt Ltd          CC                CRISIL        49     -
                                                         B/Stable
(Migrated from 'CRISIL BB-/Stable)
R. N. Kapoor Textiles Pvt Ltd          Proposed LT Bk    CRISIL        30     -
                                       Loan Fac          B/Stable
(Migrated from 'CRISIL BB-/Stable)
R. N. Kapoor Textiles Pvt Ltd          TL                CRISIL        35     Assigned
                                                         B/Stable
(Migrated from 'CRISIL BB-/Stable)
Rafeek Cashew Company                  LT Rating         CRISIL        -      -
                                                         B+/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
S. Thartius Engineering Contractors    LT Rating         CRISIL        -      Reaffirmed
                                                         B+/Stable
Secunderabad Hotels Pvt Ltd            LT Rating         CRISIL BB+    -      -
(Placed on 'Rating Watch with Negative Implications')
Shivam Motors Pvt Ltd                  LT Rating         CRISIL BB     -      -
(Placed on 'Rating Watch with Negative Implications')
Shreenath Ceramics Industries          LT Rating         CRISIL        -      -
                                                         BBB-/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING')
Shri Ram Krupa Medicare Pvt Ltd        CC                CRISIL BB+    80     Reaffirmed
(Placed on 'Rating Watch with Developing Implications')
Shri Ram Krupa Medicare Pvt Ltd        Proposed FB Bk    CRISIL BB+    55     Reaffirmed
                                       Limits
(Placed on 'Rating Watch with Developing Implications')
Shri Ram Krupa Medicare Pvt Ltd        TL                CRISIL BB+    310    Assigned
(Placed on 'Rating Watch with Developing Implications')
SKS Karkala Infra Projects Pvt Ltd     TL                CRISIL        4.4    Assigned
                                                         BB/Stable
SKS Karkala Infra Projects Pvt Ltd     Overdraft         CRISIL        100    Assigned
                                                         BB/Stable
Sneha Farms Pvt Ltd                    CC                CRISIL        4850   Reaffirmed
                                                         BBB+/Stable
(Outlook revised from 'Negative' and rating reaffirmed)
Sneha Farms Pvt Ltd                    LT Loan           CRISIL        1804.6 Reaffirmed
                                                         BBB+/Stable
(Outlook revised from 'Negative' and rating reaffirmed)
Sneha Farms Pvt Ltd                    Proposed LT Bk    CRISIL        1740.4 Reaffirmed
                                       Loan Fac          BBB+/Stable
(Outlook revised from 'Negative' and rating reaffirmed)
Sneha Farms Pvt Ltd                    WC TL             CRISIL        945    Reaffirmed
                                                         BBB+/Stable
(Outlook revised from 'Negative' and rating reaffirmed)
Sneha Foods & Feeds Pvt Ltd            CC                CRISIL        700    Reaffirmed
                                                         BBB+/Stable
Sneha Foods & Feeds Pvt Ltd            Proposed LT Bk    CRISIL        418.2  Reaffirmed
                                       Loan Fac          BBB+/Stable
SRC Company Infra Pvt Ltd              LT Rating         CRISIL        -      Reaffirmed
                                                         BBB/Stable
Sri Venkateswara Educational Society - Overdraft         CRISIL D      45     -
Nellore
Sri Venkateswara Educational Society - TL                CRISIL D      75     -
Nellore
Srikem Laboratories Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sumit Texspin Pvt Ltd                  CC                CRISIL BB-    200    Reaffirmed
(Placed on 'Rating Watch with Negative Implications')
Sumit Texspin Pvt Ltd                  TL                CRISIL BB-    570    Reaffirmed
(Placed on 'Rating Watch with Negative Implications')
Swami Feeds Pvt Ltd                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Swathy Constructions                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Technoline Engineering                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Tessitura Monti India Pvt Ltd          LT Rating         CRISIL B+     -      -
(Downgraded from 'CRISIL BB+/Negative'; Placed on 'Rating Watch with Negative Implications')
Tirumalai Textiles                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Turbo Industries                       CC                CRISIL        45     Reaffirmed
                                                         B+/Stable
Turbo Industries                       Proposed FB Bk    CRISIL        10     Reaffirmed
                                       Limits            B+/Stable
Utopian Sugars Ltd                     Sugar Pledge CC   CRISIL C      130    Reaffirmed
(Placed on 'Rating Watch with Developing Implications')
Utopian Sugars Ltd                     TL                CRISIL C      870    Reaffirmed
(Placed on 'Rating Watch with Developing Implications')
VEE GEE Auto Components Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
VeeGee Industrial Enterprises Pvt Ltd  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Vega Aviation Products Pvt Ltd         CC                CRISIL        50     Reaffirmed
                                                         BB+/Stable
Vega Aviation Products Pvt Ltd         Proposed WC Fac   CRISIL        50     Reaffirmed
                                                         BB+/Stable
Vettoor Construction Engineers Pvt Ltd Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Vidhata Transformers Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Vijayawada Hospitalities Pvt Ltd       LT Loan           CRISIL BB     42.4   Reaffirmed
(Placed on 'Rating Watch with Negative Implications')
Vijayawada Hospitalities Pvt Ltd       Proposed LT Bk    CRISIL BB     55.6   Reaffirmed
                                       Loan Fac
(Placed on 'Rating Watch with Negative Implications')
Virginia Developers Pvt Ltd            Lease Rental      CRISIL BB-    2200   -
                                       Discounting Loan
(Migrated from 'CRISIL BB/Stable)
Welsuit Glass and Ceramics Pvt Ltd     LT Rating         CRISIL        -      -
                                                         BBB-/Stable
(Migrated from 'CRISIL BB+/Stable ISSUER NOT COOPERATING')
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

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

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

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