Reuters logo
CRISIL ratings for Indian debt instruments-Nov 27
November 27, 2017 / 6:23 AM / 21 days ago

CRISIL ratings for Indian debt instruments-Nov 27

    Nov 27 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of November 24, 2017.


COMPANY                                 INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                         (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Akash Infra Projects Ltd                BG                 CRISIL A4+     370     Downgraded
                                                                                  from CRISIL
                                                                                  A3+
Akula Boards Pvt Ltd                    LOC                CRISIL A4      30      Reaffirmed
Annanya Interface and Controls Pvt Ltd  BG                 CRISIL D       5       Downgraded
                                                                                  from CRISIL A4
Astral Steritech Pvt Ltd                LOC                CRISIL A2      50      Withdrawal
Bansal Ship Breakers Pvt Ltd            Foreign Exchange   CRISIL A3      35      Reaffirmed
                                        Forward
Bansal Ship Breakers Pvt Ltd            Foreign LOC        CRISIL A3      1540    Reaffirmed
Bharat Agro Impex                       BG                 CRISIL A4+     2       Assigned
Centuary Fibre Plates Pvt Ltd           Inland/Import LOC  CRISIL A2      10      Reaffirmed
Centuary Fibre Plates Pvt Ltd           Letter Of GuaranteeCRISIL A2      1       Reaffirmed
Century Flour Mills Ltd                 BG                 CRISIL A3+     10      Withdrawal
Century Flour Mills Ltd                 LOC                CRISIL A3+     60      Withdrawal
Dawar Footwear Industries               Packing Credit in  CRISIL A3+     290     Reaffirmed
                                        Foreign Currency
Deepa Infra Projects Pvt Ltd            BG                 CRISIL A4      20      Assigned
Electro Magnetic Industries             BG                 CRISIL A4      40      Reaffirmed
Esmario Export Enterprises Pvt Ltd      BG                 CRISIL A4+     40      Reaffirmed
Esmario Export Enterprises Pvt Ltd      Foreign Exchange   CRISIL A4+     5       Reaffirmed
                                        Forward
Esmario Export Enterprises Pvt Ltd      LOC                CRISIL A4+     85      Reaffirmed
Exim Overseas Pvt Ltd                   Export Packing     CRISIL A4+     180     Reaffirmed
                                        Credit
Exim Overseas Pvt Ltd                   Proposed ST Bk     CRISIL A4+     5       Reaffirmed
                                        Loan Fac
Fibro Plastichem India Pvt Ltd          BG                 CRISIL A4      5       Reaffirmed
Fibro Plastichem India Pvt Ltd          LOC                CRISIL A4      16      Reaffirmed
Four Star International                 BG                 CRISIL A4+     2.5     Reaffirmed
Four Star International                 Foreign Usance     CRISIL A4+     210     Reaffirmed
                                        Bills Purchase -
                                        Discounting
Four Star International                 Packing Credit     CRISIL A4+     200     Reaffirmed
Four Star International                 Proposed ST Bk     CRISIL A4+     7.5     Reaffirmed
                                        Loan Fac
Four Star International Ltd             Buyer`s Credit     CRISIL A4+     172     Reaffirmed
Four Star International Ltd             Export Packing     CRISIL A4+     45      Reaffirmed
                                        Credit
Four Star International Ltd             Foreign Usance     CRISIL A4+     70      Reaffirmed
                                        Bills Purchase -
                                        Discounting
Four Star International Ltd             Letter Of GuaranteeCRISIL A4+     20      Reaffirmed
Four Star International Ltd             Proposed ST Bk     CRISIL A4+     120     Reaffirmed
                                        Loan Fac
Four Star International Ltd             Standby LOC        CRISIL A4+     16.3    Reaffirmed
G. Venkata Rao And Co.                  BG                 CRISIL A4      36      Assigned
Gold Star Cottex Ltd                    Bill Discounting   CRISIL A4+     60      Reaffirmed
Gold Star Cottex Ltd                    Packing Credit     CRISIL A4+     100     Reaffirmed
Gupta Steel (Ship Breakers)             Foreign Exchange   CRISIL A3      18      Reaffirmed
                                        Forward
Gupta Steel (Ship Breakers)             Foreign LOC        CRISIL A3      890     Reaffirmed
H M International                       Import LOC Limit   CRISIL A4      55      Reaffirmed
H M International                       Proposed ST Bk     CRISIL A4      25      Reaffirmed
                                        Loan Fac
Integrated Equipment India Pvt Ltd      LOC                CRISIL A4      60      Assigned
Kanchan India Ltd                       BG                 CRISIL A4+     19.2    Downgraded
                                                                                  from CRISIL A3
Issuer Not Cooperating
Kanchan India Ltd                       Bill Discounting   CRISIL A4+     50      Downgraded
                                        under LOC                                 from CRISIL A3
Issuer Not Cooperating
KKR India Financial Services Pvt Ltd    CP                 CRISIL A1+     5000    Reaffirmed
(Enhanced from Rs.200 Crore)
LNM Auto Industries Pvt Ltd             Packing Credit     CRISIL A4+     12      Assigned
Marmo Home Pvt Ltd                      Import LOC Limit   CRISIL A4      60      Assigned
MD Retail India Pvt Ltd                 Overdraft          CRISIL A3+     20      Upgraded from
                                                                                  CRISIL A3
Munish Kumar Bansal Contractor          BG                 CRISIL A4+     50      Reaffirmed
Munjani Brothers                        Post Shipment      CRISIL A4+     365     Reaffirmed
                                        Credit
N R I Academy of Sciences               BG                 CRISIL A4      192.9   Upgraded from
                                                                                  CRISIL D
Issuer Not Cooperating
New Age False Ceiling Pvt Ltd           LOC                CRISIL A4      20      Reaffirmed
OCM Pvt Ltd                             LOC                CRISIL A3      405     Reaffirmed
One Auto Pvt Ltd                        Overdraft          CRISIL A4+     35.2    Reassigned
Rajesh Industries                       Packing Credit     CRISIL A4+     200     Upgraded from
                                                                                  CRISIL A4
Issuer Not Cooperating
Rama Steel Tubes Ltd                    BG                 CRISIL A3      150     Reaffirmed
Rama Steel Tubes Ltd                    LOC                CRISIL A3      180     Reaffirmed
RAS Developments Pvt Ltd                BG                 CRISIL A4+     250     Assigned
Sarthak Ispat Pvt Ltd                   LOC                CRISIL A4+     40      Downgraded
                                                                                  from CRISIL A3
Issuer Not Cooperating
Shah Coal Pvt Ltd                       Bill Discounting   CRISIL A4+     250     Reaffirmed
                                        under LOC
Shah Coal Pvt Ltd                       LOC                CRISIL A4+     1300    Reaffirmed
Shanti Construction Co.                 BG                 CRISIL A3      680     Reaffirmed
Sri Krishna Pharmaceuticals Ltd         BG                 CRISIL A4+     30      Withdrawal
Sri Krishna Pharmaceuticals Ltd         LOC                CRISIL A4+     400     Withdrawal
Swingtel Communications Pvt Ltd         LOC^               CRISIL A4+     110     Assigned
^Interchangeable with Buyer's Credit upto Rs 8 crore
Uma Polymers Ltd                        LOC                CRISIL A4+     390     Withdrawal
Vinayaka Cashew Company                 Proposed ST Bk     CRISIL A4      40      Reaffirmed
                                        Loan Fac
Win-Win Automobiles Pvt Ltd             BG                 CRISIL A4+     20      Reaffirmed
XL Laboratories Pvt Ltd                 BG                 CRISIL A3      15      Reaffirmed
ZCL Chemicals Ltd                       BG                 CRISIL A2+     10      Reaffirmed
ZCL Chemicals Ltd                       LOC                CRISIL A2+     50      Reaffirmed
ZCL Chemicals Ltd                       Packing Credit in  CRISIL A2+     150     Reaffirmed
                                        Foreign Currency
LONG TERM RATINGS:
-------------------
Air India Express Ltd                   NCD                CRISIL AAA(SO) 950     Reaffirmed
Air India Ltd                           NCD                CRISIL AAA(SO) 74000   Reaffirmed
Air India Ltd                           NCD                CRISIL AAA(SO) 55000   Reaffirmed
Air India Ltd                           NCD                CRISIL AAA(SO) 7000    Reaffirmed
Akash Infra Projects Ltd                CC                 CRISIL BB+     200     Downgraded
                                                                                  from CRISIL
                                                                                  BBB 
Akash Infra Projects Ltd                Proposed LT Bk     CRISIL BB+     230     Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB 
Akula Boards Pvt Ltd                    CC                 CRISIL B       110     Reaffirmed
Akula Boards Pvt Ltd                    Proposed LT Bk     CRISIL B       170     Reaffirmed
                                        Loan Fac
Annanya Interface and Controls Pvt Ltd  CC                 CRISIL D       20      Downgraded
                                                                                  from CRISIL B
Annanya Interface and Controls Pvt Ltd  Proposed LT Bk     CRISIL D       6.5     Downgraded
                                        Loan Fac                                  from CRISIL B
Astral Steritech Pvt Ltd                CC                 CRISIL BBB+    70      Withdrawal
Astral Steritech Pvt Ltd                Proposed LT Bk     CRISIL BBB+    29.7    Withdrawal
                                        Loan Fac
Bansal Ship Breakers Pvt Ltd            CC                 CRISIL BBB-    190     Reaffirmed
Bharat Agro Impex                       TL                 CRISIL BB      52.5    Assigned
Bharat Agro Impex                       Proposed LT Bk     CRISIL BB      5.5     Assigned
                                        Loan Fac
Bharat Agro Impex                       CC                 CRISIL BB      140     Assigned
Celebrity Breweries Pvt Ltd             CC                 CRISIL BB-     12      Upgraded from
                                                                                  CRISIL B
Issuer Not Cooperating
Celebrity Breweries Pvt Ltd             TL                 CRISIL BB-     408     Upgraded from
                                                                                  CRISIL B
Issuer Not Cooperating
Celebrity Breweries Pvt Ltd             Proposed TL        CRISIL BB-     250     Upgraded from
                                                                                  CRISIL B
Issuer Not Cooperating
Centuary Fibre Plates Pvt Ltd           CC                 CRISIL BBB+    30      Reaffirmed
Centuary Fibre Plates Pvt Ltd           LT Loan            CRISIL BBB+    85      Reaffirmed
Centuary Fibre Plates Pvt Ltd           Proposed LT Bk     CRISIL BBB+    9.5     Reaffirmed
                                        Loan Fac
Centuary Fibre Plates Pvt Ltd           WC Fac             CRISIL BBB+    85      Reaffirmed
Century Flour Mills Ltd                 CC                 CRISIL BBB     180     Withdrawal
Century Flour Mills Ltd                 LT Loan            CRISIL BBB     43      Withdrawal
Century Flour Mills Ltd                 Proposed LT Bk     CRISIL BBB     77      Withdrawal
                                        Loan Fac
Chungath Gold                           CC                 CRISIL BB-     90      Reaffirmed
Chungath Gold                           Proposed LT Bk     CRISIL BB-     10      Reaffirmed
                                        Loan Fac
City Motors Pvt Ltd                     TL                 CRISIL B       16.9    Assigned
City Motors Pvt Ltd                     Proposed LT Bk     CRISIL B       5.6     Assigned
                                        Loan Fac
City Motors Pvt Ltd                     CC                 CRISIL B       30      Assigned
City Motors Pvt Ltd                     Electronic Dealer  CRISIL B       197.5   Assigned
                                        Financing
                                        Scheme(e-DFS)
Dawar Footwear Industries               Export Packing     CRISIL BBB     210     Reaffirmed
                                        Credit
Deepa Infra Projects Pvt Ltd            Proposed LT Bk     CRISIL B+      17.5    Assigned
                                        Loan Fac
Deepa Infra Projects Pvt Ltd            CC                 CRISIL B+      37.5    Assigned
Electro Magnetic Industries             Bill Discounting   CRISIL B+      10      Reaffirmed
Electro Magnetic Industries             CC                 CRISIL B+      50      Reaffirmed
Esmario Export Enterprises Pvt Ltd      CC                 CRISIL BB      30      Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Esmario Export Enterprises Pvt Ltd      Export Packing     CRISIL BB      50      Downgraded
                                        Credit                                    from CRISIL
                                                                                  BB+
Esmario Export Enterprises Pvt Ltd      Foreign Bill       CRISIL BB      30      Downgraded
                                        Discounting                               from CRISIL
                                                                                  BB+
Esmario Export Enterprises Pvt Ltd      Proposed LT Bk     CRISIL BB      10      Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB+
Fibro Plastichem India Pvt Ltd          CC                 CRISIL B+      67.3    Upgraded from
                                                                                  CRISIL B-
Fibro Plastichem India Pvt Ltd          Overdraft          CRISIL B+      20      Upgraded from
                                                                                  CRISIL B-
Fibro Plastichem India Pvt Ltd          Proposed LT Bk     CRISIL B+      4.1     Upgraded from
                                        Loan Fac                                  CRISIL B-
Fibro Plastichem India Pvt Ltd          TL                 CRISIL B+      22.4    Upgraded from
                                                                                  CRISIL B-
Four Star International Ltd             CC                 CRISIL BB      127.5    Upgraded
                                                                                  from CRISIL
                                                                                  BB-
Four Star International Ltd             Secured Overdraft  CRISIL BB      22.2     Upgraded
                                        Fac                                       from CRISIL
                                                                                  BB-
G M Cold Storage Pvt Ltd                CC                 CRISIL B+      60      Reaffirmed
G M Cold Storage Pvt Ltd                Proposed FB Bk     CRISIL B+      30.5    Reaffirmed
                                        Limits
G M Cold Storage Pvt Ltd                WC Fac             CRISIL B+      19.5    Assigned
G. Venkata Rao And Co.                  CC                 CRISIL B+      29      Assigned
Galaxy Energy Solutions LLP             CC                 CRISIL B       150     Reaffirmed
Gupta Steel (Ship Breakers)             CC                 CRISIL BBB-    107     Reaffirmed
H M International                       CC                 CRISIL B       62.5    Reaffirmed
H M International                       Proposed LT Bk     CRISIL B       7.5     Reaffirmed
                                        Loan Fac
Hari and Co International LLP           Export Packing     CRISIL BB-     100     Assigned
                                        Credit
Integrated Equipment India Pvt Ltd      CC                 CRISIL B       250     Assigned
Integrated Equipment India Pvt Ltd      Proposed CC Limit  CRISIL B       50      Assigned
Integrated Equipment India Pvt Ltd      TL                 CRISIL B       80      Assigned
Janakirama Raw and Boiled Rice Mill     Open CC            CRISIL BB-     90      Upgraded from
                                                                                  CRISIL B
Issuer Not Cooperating
Kairali Exports                         Packing Credit     CRISIL B+      120     Reaffirmed
Kairali Exports                         Proposed LT Bk     CRISIL B+      210     Reaffirmed
                                        Loan Fac
Kamla Oleo Pvt Ltd                      CC*                CRISIL A-      220     Reaffirmed
*Fully interchangeable with letter of credit
Kamla Oleo Pvt Ltd                      TL                 CRISIL A-      30      Reaffirmed
Kanchan India Ltd                       CC                 CRISIL BB+     1360    Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Issuer Not Cooperating
Kanchan India Ltd                       LT Loan            CRISIL BB+     1966.9  Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Issuer Not Cooperating
Kanchan India Ltd                       Proposed LT Bk     CRISIL BB+     1353.9  Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB-
Issuer Not Cooperating
Kanwal Food And Beverages               CC                 CRISIL B       15      Assigned
Kanwal Food And Beverages               LT Loan            CRISIL B       40      Assigned
KKR India Financial Services Pvt Ltd    Overdraft#         CRISIL AA      993.8   Reaffirmed
# Including sublimit of Rs 99.38 crore for working capital term loan
KKR India Financial Services Pvt Ltd    Proposed LT Bk     CRISIL AA      1506.2  Reaffirmed
                                        Loan Fac
KKR India Financial Services Pvt Ltd    TL                 CRISIL AA      21500   Reaffirmed
KKR India Financial Services Pvt Ltd    NCD                CRISIL AA      5000    Reaffirmed
KKR India Financial Services Pvt Ltd    NCD                CRISIL AA      5000    Reaffirmed
KKR India Financial Services Pvt Ltd    NCD                CRISIL AA      2000    Reaffirmed
KKR India Financial Services Pvt Ltd    NCD                CRISIL AA      3500    Reaffirmed
KKR India Financial Services Pvt Ltd    NCD                CRISIL AA      2500    Reaffirmed
KKR India Financial Services Pvt Ltd    NCD                CRISIL AA      5000    Reaffirmed
KKR India Financial Services Pvt Ltd    NCD                CRISIL AA      5000    Reaffirmed
Kwalitee Fabs                           Packing Credit     CRISIL B+      70      Reaffirmed
Kwalitee Fabs                           Proposed WC Fac    CRISIL B+      5       Reaffirmed
LNM Auto Industries Pvt Ltd             Proposed TL        CRISIL BB-     10      Assigned
LNM Auto Industries Pvt Ltd             Proposed CC Limit  CRISIL BB-     15.5    Assigned
LNM Auto Industries Pvt Ltd             Bill Discounting   CRISIL BB-     10      Assigned
LNM Auto Industries Pvt Ltd             CC                 CRISIL BB-     27.5    Assigned
M. K. Proteins Ltd                      CC*                CRISIL A-      130     Reaffirmed
*Fully interchangeable with Letter of Credit
Marmo Home Pvt Ltd                      CC/ Overdraft Fac  CRISIL B       100     Assigned
MD Retail India Pvt Ltd                 CC                 CRISIL BBB     280     Upgraded from
                                                                                  CRISIL BBB-
MD Retail India Pvt Ltd                 LT Loan            CRISIL BBB     150     Upgraded from
                                                                                  CRISIL BBB-
MD Retail India Pvt Ltd                 Proposed CC Limit  CRISIL BBB     50      Upgraded from
                                                                                  CRISIL BBB-
Mobile Telecommunications Ltd           Overdraft          CRISIL B+      140     @
Munish Kumar Bansal Contractor          CC                 CRISIL BB-     75      Reaffirmed
Munjani Brothers                        Export Packing     CRISIL BB      210     Reaffirmed
                                        Credit
N R I Academy of Sciences               Overdraft          CRISIL B       90      Upgraded from
                                                                                  CRISIL D
Issuer Not Cooperating
N R I Academy of Sciences               Proposed LT Bk     CRISIL B       313.1   Upgraded from
                                        Loan Fac                                  CRISIL D
Issuer Not Cooperating
N R I Academy of Sciences               TL                 CRISIL B       14      Upgraded from
                                                                                  CRISIL D
Issuer Not Cooperating
New Age False Ceiling Pvt Ltd           CC                 CRISIL B+      30      Reaffirmed
New Age False Ceiling Pvt Ltd           Proposed LT Bk     CRISIL B+      30      Reaffirmed
                                        Loan Fac
OCM Pvt Ltd                             CC                 CRISIL BBB-    300     Reaffirmed
OCM Pvt Ltd                             Proposed LT Bk     CRISIL BBB-    95      Reaffirmed
                                        Loan Fac
One Auto Pvt Ltd                        Inventory Funding  CRISIL BB-     245     Reaffirmed
                                        Fac
One Auto Pvt Ltd                        TL                 CRISIL BB-     49.8    Reaffirmed
Rajesh Industries                       CC                 CRISIL BB      50      Upgraded from
                                                                                  CRISIL B
Issuer Not Cooperating
Rajesh Industries                       Proposed LT Bk     CRISIL BB      30      Upgraded from
                                        Loan Fac                                  CRISIL B
Issuer Not Cooperating
Rama Steel Tubes Ltd                    CC                 CRISIL BBB-    330     Reaffirmed
RAS Developments Pvt Ltd                TL                 CRISIL BB-     150     Assigned
RAS Developments Pvt Ltd                Secured Overdraft  CRISIL BB-     4       Assigned
                                        Fac
RAS Developments Pvt Ltd                Proposed LT Bk     CRISIL BB-     16      Assigned
                                        Loan Fac
Rodium Realty Ltd                       Proposed LT Bk     CRISIL BB-     600     Reaffirmed
                                        Loan Fac
Sai Point Automobiles Pvt Ltd           CC                 CRISIL D       20      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Sai Point Automobiles Pvt Ltd           Inventory Funding  CRISIL D       415     Downgraded
                                        Fac                                       from CRISIL
                                                                                  BB-
Sai Point Automobiles Pvt Ltd           Proposed LT Bk     CRISIL D       25      Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Sarthak Ispat Pvt Ltd                   CC                 CRISIL BB+     210     Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Issuer Not Cooperating
Sarthak Ispat Pvt Ltd                   Proposed LT Bk     CRISIL BB+     11      Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB-
Issuer Not Cooperating
Sarthak Ispat Pvt Ltd                   TL                 CRISIL BB+     39      Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Issuer Not Cooperating
Shah Coal Pvt Ltd                       CC                 CRISIL BB      50      Reaffirmed
Shanti Construction Co.                 CC                 CRISIL BBB-    120     Reaffirmed
Shree Ganesh Fats Pvt Ltd               CC*                CRISIL A-      290     Reaffirmed
*Fully interchangeable with Letter of Credit
SKP Business Consulting LLP             CC                 CRISIL BB      30      Reaffirmed
SKP Business Consulting LLP             Proposed LT Bk     CRISIL BB      69.2    Reaffirmed
                                        Loan Fac
SKP Business Consulting LLP             TL                 CRISIL BB      50.8    Reaffirmed
Sri Krishna Pharmaceuticals Ltd         CC                 CRISIL BB+     740     Withdrawal
Sri Krishna Pharmaceuticals Ltd         Foreign Currency TLCRISIL BB+     227     Withdrawal
Sri Krishna Pharmaceuticals Ltd         LT Loan            CRISIL BB+     102.3   Withdrawal
Sri Krishna Pharmaceuticals Ltd         Proposed LT Bk     CRISIL BB+     90.7    Withdrawal
                                        Loan Fac
Sri Krishna Pharmaceuticals Ltd         Standby FB Limits  CRISIL BB+     150     Withdrawal
Srinivasa Cotton and Oil Mills Ltd      CC                 CRISIL BBB-    200     Reaffirmed
Srinivasa Cotton and Oil Mills Ltd      LT Loan            CRISIL BBB-    97.5    Reaffirmed
Srinivasa Cotton and Oil Mills Ltd      Proposed LT Bk     CRISIL BBB-    2.5     Reaffirmed
                                        Loan Fac
Surya Panel Pvt Ltd                     TL                 CRISIL B       150     Assigned
Swingtel Communications Pvt Ltd         Proposed LT Bk     CRISIL BB-     20      Assigned
                                        Loan Fac
Swingtel Communications Pvt Ltd         CC*                CRISIL BB-     70      Assigned
*Interchangeable with Letter of Credit upto Rs 4 crore
Uma Polymers Ltd                        CC                 CRISIL BB      480     Withdrawal
Uma Polymers Ltd                        LT Loan            CRISIL BB      310     Withdrawal
Uttar Pradesh Power Corporation Ltd     Bond               Provisional    45000   Assigned
                                                           CRISIL A+(SO)
VIN Auto                                CC                 CRISIL D       50      Downgraded
                                                                                  from CRISIL B
VIN Auto                                Channel Financing  CRISIL D       50      Downgraded
                                                                                  from CRISIL B
VIN Auto                                Proposed LT Bk     CRISIL D       23.5    Downgraded
                                        Loan Fac                                  from CRISIL B
VIN Auto                                TL                 CRISIL D       26.5    Downgraded
                                                                                  from CRISIL B
Vinayaka Cashew Company                 Packing Credit     CRISIL B       120     Reaffirmed
Win-Win Automobiles Pvt Ltd             CC                 CRISIL BB-     300     Downgraded
                                                                                  from CRISIL BB
XL Laboratories Pvt Ltd                 CC                 CRISIL BBB-    1       Reaffirmed
XL Laboratories Pvt Ltd                 Export Packing     CRISIL BBB-    60      Reaffirmed
                                        Credit
XL Laboratories Pvt Ltd                 Proposed LT Bk     CRISIL BBB-    18.4    Reaffirmed
                                        Loan Fac
XL Laboratories Pvt Ltd                 Proposed TL        CRISIL BBB-    20      Reaffirmed
XL Laboratories Pvt Ltd                 TL                 CRISIL BBB-    40.4    Reaffirmed
ZCL Chemicals Ltd                       CC                 CRISIL A-      100     Reaffirmed
ZCL Chemicals Ltd                       Foreign Currency TLCRISIL A-      600     Reaffirmed
ZCL Chemicals Ltd                       LT Loan            CRISIL A-      18.5    Reaffirmed
ZCL Chemicals Ltd                       Proposed LT Bk     CRISIL A-      41.5    Reaffirmed
                                        Loan Fac
--------------------------------------------------------------------------------------------
$: 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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below