November 9, 2018 / 6:35 AM / in 12 days

CRISIL ratings for Indian debt instruments-Nov 9

    Nov 9 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of November 8, 2018.
    
    
COMPANY                                 INSTRUMENT         RATING        AMOUNT   MOVEMENT
                                                                        (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Anmol Industries Ltd                    Proposed ST Bk     CRISIL A1+     50      Assigned
                                        Loan Fac
G. Shaji                                BG                 CRISIL A4      10      Assigned
JWC Logistics Park Pvt Ltd              BG                 CRISIL A2+     150     Reaffirmed
K. R. Construction                      BG                 CRISIL A4+     1800    Reaffirmed
Kamla Construction                      BG                 CRISIL A4+     130     Reaffirmed
Konark Structural Engineers Pvt Ltd     BG                 CRISIL A4+     300     Reaffirmed
Pragati Enterprises                     BG                 CRISIL A4+     200     Reaffirmed
RG Shah Infratech Pvt Ltd               BG                 CRISIL A4+     100     Reaffirmed


LONG TERM RATINGS:
-------------------
Anmol Industries Ltd                    Proposed LT Bk     CRISIL A+      160     Assigned
                                        Loan Fac
Anmol Industries Ltd                    Overdraft          CRISIL A+      200     Assigned
Anmol Industries Ltd                    CC                 CRISIL A+      575     Assigned
Anmol Industries Ltd                    LT Loan            CRISIL A+      15      Assigned
Concept Shapers and Electronics Pvt Ltd BG                 -              50      Withdrawn
Concept Shapers and Electronics Pvt Ltd CC                 -              50      Withdrawn
Concept Shapers and Electronics Pvt Ltd LOC                -              50      Withdrawn
Concept Shapers and Electronics Pvt Ltd Rupee TL           -              28      Withdrawn
CSJ Infrastructure Pvt Ltd              Lease Rental       CRISIL A-      13313.3 Reaffirmed
                                        Discounting Loan
G. Shaji                                Standby Line of    CRISIL B       5.6     Assigned
                                        Credit
G. Shaji                                CC                 CRISIL B       47      Assigned
Indore Treasure Island Pvt Ltd          TL                 -              1612    Withdrawn
Indore Treasure Island Pvt Ltd          TL                 CRISIL A-      1650    Reaffirmed
Jay Durga Enzymatic Pvt Ltd             CC                 CRISIL D       50      Downgraded
                                                                                  from CRISIL
                                                                                  B+
(Issuer Not Cooperating)
Jay Durga Enzymatic Pvt Ltd             Proposed LT Bk     CRISIL D       44.1    Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  B+
(Issuer Not Cooperating)
Jay Durga Enzymatic Pvt Ltd             TL                 CRISIL D       5.9     Downgraded
                                                                                  from CRISIL
                                                                                  B+
(Issuer Not Cooperating)
JWC Logistics Park Pvt Ltd              CC                 CRISIL A-      50      Reaffirmed
JWC Logistics Park Pvt Ltd              Proposed LT Bk     CRISIL A-      35      Reaffirmed
                                        Loan Fac
JWC Logistics Park Pvt Ltd              TL                 CRISIL A-      1185    Reaffirmed
JWR Logistics Pvt Ltd                   Proposed LT Bk     CRISIL A-      35      Reaffirmed
                                        Loan Fac
JWR Logistics Pvt Ltd                   TL                 CRISIL A-      528.1   Reaffirmed
K. R. Construction                      CC                 CRISIL BB-     200     Reaffirmed
Kamla Construction                      CC                 CRISIL BB-     50      Reaffirmed
Konark Structural Engineers Pvt Ltd     CC                 CRISIL BB-     50      Reaffirmed
Mechvac India Ltd                       BG#                -              75      Withdrawn
#Interchangeable with letters of credit 
Mechvac India Ltd                       CC                 -              100     Withdrawn
Mechvac India Ltd                       LOC*               -              75      Withdrawn
*Fully interchangeable with bank guarantee
Mechvac India Ltd                       Proposed LT Bk     -              253.5   Withdrawn
                                        Loan Fac
Mechvac India Ltd                       TL                 -              96.5    Withdrawn
Pragati Enterprises                     CC                 CRISIL BB-     50      Reaffirmed
RG Shah Infratech Pvt Ltd               CC                 CRISIL BB-     60      Reaffirmed
RG Shah Infratech Pvt Ltd               Proposed BG        CRISIL BB-     340     Reaffirmed
South Indian Constructions              BG                 CRISIL D       60      Downgraded
                                                                                  from CRISIL
                                                                                  B+
(Issuer Not Cooperating)
South Indian Constructions              CC                 CRISIL D       125     Downgraded
                                                                                  from CRISIL
                                                                                  B+
(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@thomsonreuters.com)
    
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