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CRISIL ratings for Indian debt instruments-Nov 9

   Nov 9  - Below are the ratings awarded by Credit Rating Information Service of India (CRISIL)
for local debt instruments as of November 6, 2020.


COMPANY                                INSTRUMENT        RATING        AMOUNT MOVEMENT
                                                                      (RS.MLN)
------                                 ----------        ------        -----  ---------
SHORT TERM RATINGS:
-------------------
Abaj Electronics Pvt Ltd               Inland/Import LOC CRISIL A4     34     Reaffirmed
(Issuer Not Cooperating)
Aditya Precitech Pvt Ltd               ST Rating         CRISIL A4     -      -
Advatech Cera Tiles Ltd                BG                CRISIL A4     20     Reaffirmed
(Issuer Not Cooperating)
Alectra Construction Ltd               BG                CRISIL A4     174    Reaffirmed
(Issuer Not Cooperating)
Amar Organics                          LOC               CRISIL A4     50     Reaffirmed
(Issuer Not Cooperating)
Amar Organics                          LOC Bill          CRISIL A4     10     Reaffirmed
                                       Discounting
(Issuer Not Cooperating)
Ambertex Sekhsaria Exports             ST Rating         CRISIL A4+    -      Reaffirmed
Amps Engineering and Equipments Pvt Ltd BG               CRISIL A4     48     Reaffirmed
(Issuer Not Cooperating)
Amul Boards Pvt Ltd                    LOC               CRISIL A4     100    Reaffirmed
(Issuer Not Cooperating)
Anacon Process Control Pvt Ltd         BG                CRISIL A4     39.5   Reaffirmed
(Issuer Not Cooperating)
Anacon Process Control Pvt Ltd         LOC               CRISIL A4     45.5   Reaffirmed
(Issuer Not Cooperating)
Anita Periera                          Overdraft         CRISIL A4     70     Assigned
Anjali Hotels Pvt Ltd                  ST Rating         CRISIL A4+    -      -
(ISSUER NOT COOPERATING; Rating Migrated)
APU Constructions                      BG                CRISIL A4     5      Reaffirmed
(Issuer Not Cooperating)
Aqua Plumbings Pvt Ltd                 LOC               CRISIL A3+    150    Reaffirmed
Aquatech Systems (Asia) Pvt Ltd        BG                CRISIL A4     1630   Reaffirmed
(Issuer Not Cooperating)
Aquatech Systems (Asia) Pvt Ltd        LOC               CRISIL A4     120    Reaffirmed
(Issuer Not Cooperating)
Aquatech Systems (Asia) Pvt Ltd        Proposed LOC & BG CRISIL A4     740    Reaffirmed
(Issuer Not Cooperating)
Archana Granites                       ST Rating         CRISIL A4     -      -
(ISSUER NOT COOPERATING)
Arnit Creations Pvt Ltd                LOC               CRISIL A4+    10     Reaffirmed
Arun International                     ST Rating         CRISIL A4     -      -
(ISSUER NOT COOPERATING)
Asha Concast Pvt Ltd                   ST Rating         CRISIL A4     -      -
(ISSUER NOT COOPERATING)
Atul Commodities Pvt Ltd               LOC               CRISIL A4     30     Reaffirmed
(Issuer Not Cooperating)
Bakshi Security and Personnel Services BG                CRISIL A4     14.6   -
Pvt Ltd
(Issuer Not Cooperating)
Bakshi Security and Personnel Services Proposed ST Bk    CRISIL A4     35.4   -
Pvt Ltd                                Loan Fac
(Issuer Not Cooperating)
Banglore Polycotters Pvt Ltd           LOC               CRISIL A4     40     -
(Issuer Not Cooperating)
Banglore Polycotters Pvt Ltd           LOC               CRISIL A4     40     -
(Issuer Not Cooperating)
Bansal Lumbers Pvt Ltd                 Import LOC Limit  CRISIL A4     120    Reaffirmed
(Issuer Not Cooperating)
Bareilly Ply Boards Pvt Ltd            LOC               CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
Bathero Sanitary LLP                   BG                CRISIL A4     4      Reaffirmed
(Issuer Not Cooperating)
Beloorbayir Biotech Ltd                ST Rating         CRISIL A4     -      -
(ISSUER NOT COOPERATING)
Bhagwati Vintrade Pvt Ltd              BG                CRISIL A4     0.4    Reaffirmed
(Issuer Not Cooperating)
Bharat Singh Verma Cold Storage        Overdraft         CRISIL A4     40     Reaffirmed
(Issuer Not Cooperating)
Bihani International Pvt Ltd           BG                CRISIL A4     7.5    -
(Issuer Not Cooperating)
Blue Star Malleable Pvt Ltd            ST Rating         CRISIL A4     -      -
(ISSUER NOT COOPERATING)
Bluezone Vitrified Pvt Ltd             BG                CRISIL A4     45     Reaffirmed
(Issuer Not Cooperating)
Britto Timbers Pvt Ltd                 LOC               CRISIL A4     80     Reaffirmed
(Issuer Not Cooperating)
BSL Engineering Services Ltd           BG                CRISIL A4     50     Reaffirmed
(Issuer Not Cooperating)
BSL Engineering Services Ltd           LOC               CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
BSR Techinfra                          BG                CRISIL A4     80     Reaffirmed
(Issuer Not Cooperating)
C.R. Auluck and Sons Pvt Ltd           BG                CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
Ceekay Associates                      BG                CRISIL A4     15     -
(Issuer Not Cooperating)
Century Textiles and Industries Ltd    ST Rating         CRISIL A1+    -      Reaffirmed
Century Textiles and Industries Ltd    CP                CRISIL A1+    10000  Reaffirmed
Century Textiles and Industries Ltd    CP                CRISIL A1+    10000  Reaffirmed
Chandrashekar - Chamarajanagar         BG                CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
Chemgems India Pvt Ltd                 LOC               CRISIL A4     25     Reaffirmed
(Issuer Not Cooperating)
Chemgems India Pvt Ltd                 Post Shipment     CRISIL A4     1      Reaffirmed
                                       Credit
(Issuer Not Cooperating)
Chemline India Ltd                     LOC               CRISIL A4     50     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+ )
Chemspec Chemicals Pvt Ltd             LOC               CRISIL A3+    600    -
Chemspec Chemicals Pvt Ltd             Post Shipment     CRISIL A3+    100    -
                                       Credit
Chemspec Chemicals Pvt Ltd             Proposed NFBL     CRISIL A3+    150    -
Chhattisgarh Power And Coal            BG                CRISIL A4     10     -
Beneficiation Ltd
(Issuer Not Cooperating)
Chinmay Construction                   BG                CRISIL A4     150    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+ ISSUER NOT COOPERATING)
Coastal Agro Industries Ltd            BG                CRISIL A4     1      -
(Issuer Not Cooperating)
Coastal Agro Industries Ltd            LOC               CRISIL A4     10     -
(Issuer Not Cooperating)
Corodex Infrastructure Pvt Ltd         BG                CRISIL A4     90     Reaffirmed
(Issuer Not Cooperating)
Corodex Infrastructure Pvt Ltd         LOC               CRISIL A4     140    Reaffirmed
(Issuer Not Cooperating)
Creamline Dairy Products Ltd           CP                CRISIL A1+    500    Assigned
D. D. Enterprises (Pune)               BG                CRISIL A4     95     Reaffirmed
(Issuer Not Cooperating)
D. D. Enterprises (Pune)               Proposed BG       CRISIL A4     105    Reaffirmed
(Issuer Not Cooperating)
Deccan Ferro Alloys Pvt Ltd            BG                CRISIL A4     20     Reaffirmed
(Issuer Not Cooperating)
Deccan Ferro Alloys Pvt Ltd            LOC               CRISIL A4     280    Reaffirmed
(Issuer Not Cooperating)
DGB Constructions Pvt Ltd              BG                CRISIL A4     60     Reaffirmed
(Issuer Not Cooperating)
Diamond Footcare Udyog Pvt Ltd         ST Rating         CRISIL A4+    -      Assigned
Dipanshu Promoter and Builder Pvt Ltd  BG                CRISIL A4     85     Reaffirmed
(Issuer Not Cooperating)
Dipesh Engineering Works               BG                CRISIL A4     85     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
DPS Contractors Pvt Ltd                BG                CRISIL A4     130    Reaffirmed
(Issuer Not Cooperating)
Durga Polysters Pvt Ltd                BG                CRISIL A4     20     -
(Issuer Not Cooperating)
Durga Polysters Pvt Ltd                Proposed ST Bk    CRISIL A4     20     -
                                       Loan Fac
(Issuer Not Cooperating)
Dutta Agro Products Pvt Ltd            BG                CRISIL A4     3.3    -
(Issuer Not Cooperating)
Eastern Treads Ltd                     BG                CRISIL A4+    45     Reaffirmed
Eastern Treads Ltd                     LOC               CRISIL A4+    10     Reaffirmed
F3 Marine Foods Worldwide              Packing Credit    CRISIL A4     100    Assigned
Flash Distribution Pvt Ltd             BG                CRISIL A3     750    Reaffirmed
G N Ship Breakers                      LOC               CRISIL A4+    380    Reaffirmed
IIFL Finance Ltd                       CP                CRISIL A1+    5000   Reaffirmed
IIFL Finance Ltd                       CP^               CRISIL A1+    80000  Reaffirmed
(^Transferred from India Infoline Finance Ltd)
IIFL Finance Ltd                       CP Programme(IPO  CRISIL A1+    80000  Reaffirmed
                                       Financing)^
(^Transferred from India Infoline Finance Ltd)
IndoStar Capital Finance Ltd           CP Programme      CRISIL A1+    20000  Reaffirmed
M I A Construction Pvt Ltd             ST Rating         CRISIL A4+    -      Reaffirmed
Maloo Constructions India Pvt Ltd      ST Rating         CRISIL A4     -      -
(Migrated from 'CRISIL A4  ISSUER NOT COOPERATING'; Rating Withdrawn)
Maxivision Eye Hospitals Pvt Ltd       BG                CRISIL A3     5      Reaffirmed
Muthoot Capital Services Ltd           Rs.250 Crore CP   CRISIL A1     2500   Reaffirmed
Muthoot Capital Services Ltd           CP                CRISIL A1     2500   Reaffirmed
Muthoot Microfin Ltd                   CP                CRISIL A1     500    Reaffirmed
Muthoot Microfin Ltd                   CP                CRISIL A1     500    Reaffirmed
ONGC Mangalore Petrochemicals Ltd      ST Rating         CRISIL A1+    -      Reaffirmed
ONGC Mangalore Petrochemicals Ltd      CP                CRISIL A1+    35000  Reaffirmed
ONGC Mangalore Petrochemicals Ltd      CP                CRISIL A1+    35000  Reaffirmed
Parijat Paper Mills Ltd                LOC               CRISIL A4+    30     Assigned
Rajeev Kumar Contractor Pvt Ltd        BG                CRISIL A4+    120    Reaffirmed
Rajeev Kumar Contractor Pvt Ltd        BG                CRISIL A4+    120    Reaffirmed
Sanrachana Structural Strengthening PvtBG                CRISIL A4+    50     Reaffirmed
Ltd
Shantivijay Jewels Ltd                 Packing Credit    CRISIL A4+    200    Reaffirmed
Signals and Systems India Pvt Ltd      ST Rating         CRISIL A3     -      Reaffirmed
Sri Lalitha Enterprises Industries Pvt Foreign Exchange  CRISIL A1     100    Assigned
Ltd                                    Forward
Sri Lalitha Enterprises Industries Pvt LOC & BG          CRISIL A1     60     Assigned
Ltd
Takshasila Educational Society         ST Rating         CRISIL A4+    -      Assigned
United Drilling Tools Ltd              ST Rating         CRISIL A4     -      -
(ISSUER NOT COOPERATING; Rating Withdrawn)
Veeral Controls Pvt Ltd                BG                CRISIL A4     20     Reaffirmed
Vel Trust 1997                         Overdraft         CRISIL A4+    90     Reaffirmed
(Migrated from CRISIL A4+ ISSUER NOT COOPERATING')
Victor Forgings                        Post Shipment     CRISIL A4+    55     Reaffirmed
                                       Credit
Victor Forgings                        Pre Shipment Fac  CRISIL A4+    40     Reaffirmed
 
MEDIUM TERM RATINGS:
-------------------
Muthoot Capital Services Ltd           FD Programme      FA+/Stable    -      Reaffirmed
Muthoot Capital Services Ltd           FD Programme      FA+/Stable    -      Reaffirmed

 

LONG TERM RATINGS:
-------------------
A.V. Properties India Pvt Ltd          CC                CRISIL        88     -
                                                         B+/Stable
(Issuer Not Cooperating)
Aabharan Jewellery                     LT Rating         CRISIL        -      -
                                                         B/Stable
(ISSUER NOT COOPERATING)
Abaj Electronics Pvt Ltd               CC                CRISIL        15     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Abaj Electronics Pvt Ltd               Proposed LT Bk    CRISIL        41     Reaffirmed
                                       Loan Fac          B-/Stable
(Issuer Not Cooperating)
Abdos Lamitubes Pvt Ltd                CC                CRISIL        150    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Abdos Lamitubes Pvt Ltd                External          CRISIL        320    Reaffirmed
                                       Commercial        B+/Stable
                                       Borrowings
(Issuer Not Cooperating)
Abdos Lamitubes Pvt Ltd                LT Loan           CRISIL        100    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Abhiram Nirman India Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Abhyudaya Farms Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
ACE Autocars Pvt Ltd                   Electronic Dealer CRISIL        80     Reaffirmed
                                       Financing         B-/Stable
                                       Scheme(e-DFS)
(Issuer Not Cooperating)
ACE Autocars Pvt Ltd                   Proposed FB Bk    CRISIL        20     Reaffirmed
                                       Limits            B-/Stable
(Issuer Not Cooperating)
Acme Builders Pvt Ltd                  TL                CRISIL D      500    Reaffirmed
(Issuer Not Cooperating)
Actis Generics Pvt Ltd                 CC                CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Actis Generics Pvt Ltd                 LT Loan           CRISIL        29     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Actis Generics Pvt Ltd                 Proposed LT Bk    CRISIL        36     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Aditya Birla Renewables Energy Ltd     Rupee TL          CRISIL        570.5  Assigned
                                                         AA/Stable
Aditya Birla Renewables Energy Ltd     Rupee TL          CRISIL        570.5  Assigned
                                                         AA/Stable
Aditya Precitech Pvt Ltd               LT Rating         CRISIL        -      -
                                                         B/Stable
Advatech Cera Tiles Ltd                CC                CRISIL        125    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Advatech Cera Tiles Ltd                Proposed LT Bk    CRISIL        92     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Advatech Cera Tiles Ltd                TL                CRISIL        39.7   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Advatech Cera Tiles Ltd                WC TL             CRISIL        23.3   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Al Nafees Frozen Food Exports Pvt Ltd  BG                CRISIL D      50     Reaffirmed
(Issuer Not Cooperating)
Al Nafees Frozen Food Exports Pvt Ltd  CC                CRISIL D      2330   Reaffirmed
(Issuer Not Cooperating)
Al Nafees Frozen Food Exports Pvt Ltd  Foreign Bill      CRISIL D      500    Reaffirmed
                                       Discounting
(Issuer Not Cooperating)
Al Nafees Frozen Food Exports Pvt Ltd  LOC Bill          CRISIL D      70     Reaffirmed
                                       Discounting
(Issuer Not Cooperating)
Al Nafees Frozen Food Exports Pvt Ltd  Proposed LT Bk    CRISIL D      600    Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Alectra Construction Ltd               CC                CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Alectra Construction Ltd               Standby Line of   CRISIL        6      Reaffirmed
                                       Credit            B+/Stable
(Issuer Not Cooperating)
Al-Fas Trading International Pvt Ltd   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Al-Nafees Proteins Pvt Ltd             Packing Credit    CRISIL D      70     Reaffirmed
(Issuer Not Cooperating)
Al-Nafees Proteins Pvt Ltd             Proposed LT Bk    CRISIL D      405    Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Amar Organics                          CC                CRISIL B/Stable 27.5 Reaffirmed
(Issuer Not Cooperating)
Amar Organics                          Proposed LT Bk    CRISIL B/Stable 52.5 Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Amaya Hotels                           LT Loan           CRISIL        70     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Amaya Hotels                           Proposed LT Bk    CRISIL        30     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Ambertex Sekhsaria Exports             LT Rating         CRISIL        -      Reaffirmed
                                                         BB-/Stable
Ambika Overseas                        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Amodhini Estates Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Amps Engineering and Equipments Pvt Ltd CC               CRISIL B/Stable 40   Reaffirmed
(Issuer Not Cooperating)
Amps Engineering and Equipments Pvt Ltd Proposed LT Bk   CRISIL B/Stable 6.2  Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Amul Boards Pvt Ltd                    CC                CRISIL        25     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Anacon Process Control Pvt Ltd         CC - Book Debt    CRISIL        45     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Anita Periera                          TL                CRISIL        20     Assigned
                                                         B+/Stable
Anita Periera                          Proposed LT Bk    CRISIL        10     Assigned
                                       Loan Fac          B+/Stable
Anjali Hotels Pvt Ltd                  LT Rating         CRISIL        -      -
                                                         BB/Stable
(ISSUER NOT COOPERATING; Migrated from 'CRISIL BB+/Positive')
ANS Constructions Pvt Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Apindia Biotech Ltd                    CC                CRISIL C      45     Reaffirmed
(Issuer Not Cooperating)
Apindia Biotech Ltd                    Proposed LT Bk    CRISIL C      73     Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Apindia Biotech Ltd                    TL                CRISIL C      12     Reaffirmed
(Issuer Not Cooperating)
Apt Packaging Ltd                      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
APU Constructions                      Overdraft         CRISIL B/Stable 97.5 Reaffirmed
(Issuer Not Cooperating)
Aqua Plumbings Pvt Ltd                 CC                CRISIL        400    Reaffirmed
                                                         BBB/Stable
Aqua Plumbings Pvt Ltd                 Proposed WC Fac   CRISIL        4.8    Reaffirmed
                                                         BBB/Stable
Aquatech Systems (Asia) Pvt Ltd        CC                CRISIL        300    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Aquatech Systems (Asia) Pvt Ltd        Proposed CC Limit CRISIL        100    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Aquatech Systems (Asia) Pvt Ltd        Proposed TL       CRISIL        150    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Aquatech Systems (Asia) Pvt Ltd        WC TL             CRISIL        150    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Arabian Gold and Diamonds Kayamkulam   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Archana Granites                       LT Rating         CRISIL        -      -
                                                         B/Stable
(ISSUER NOT COOPERATING)
Arnit Creations Pvt Ltd                CC                CRISIL        70     -
                                                         BB-/Stable
Arnit Creations Pvt Ltd                LT Loan           CRISIL        11.2   -
                                                         BB-/Stable
Arnit Creations Pvt Ltd                Proposed Rupee TL CRISIL        8.8    -
                                                         BB-/Stable
Arun International                     LT Rating         CRISIL        -      -
                                                         B-/Stable
(ISSUER NOT COOPERATING)
Aryavarta Cool Chain                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Asha Concast Pvt Ltd                   LT Rating         CRISIL        -      -
                                                         B+/Stable
(ISSUER NOT COOPERATING)
Ashoka Coating Chemicals               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Associated Toolings India Pvt Ltd      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Atop Food Products Pvt Ltd             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Atria Power Corporation Pvt Ltd        TL                CRISIL        220    -
                                                         B+/Stable
Atul Commodities Pvt Ltd               CC                CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Atul Commodities Pvt Ltd               Proposed LT Bk    CRISIL        3.5    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Atul Commodities Pvt Ltd               Secured Overdraft CRISIL        31.5   Reaffirmed
                                       Fac               B+/Stable
(Issuer Not Cooperating)
B. K. Polytech Pvt Ltd                 CC                CRISIL        24.2   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B. K. Polytech Pvt Ltd                 LT Loan           CRISIL        70.8   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B. T. Industries Pvt Ltd               CC                CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B. T. Industries Pvt Ltd               TL                CRISIL        77.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B.P.Packagings Pvt Ltd                 CC                CRISIL        41.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B.P.Packagings Pvt Ltd                 Proposed LT Bk    CRISIL        6      Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
B.P.Packagings Pvt Ltd                 TL                CRISIL        14     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B.S.E.S India Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bajrang Cotton Pvt Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bakshi Security and Personnel Services CC                CRISIL B/Stable 30   -
Pvt Ltd
(Issuer Not Cooperating)
Balaji Industries - Chhindwara         CC                CRISIL        49     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Balaji Industries - Chhindwara         LT Loan           CRISIL        16     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Balaji International - Haryana         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Balaji Overseas - Kurukshetra          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Banglore Polycotters Pvt Ltd           CC                CRISIL B/Stable 110  -
(Issuer Not Cooperating)
Banglore Polycotters Pvt Ltd           CC                CRISIL B/Stable 110  -
(Issuer Not Cooperating)
Bansal Lumbers Pvt Ltd                 CC                CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bansal Lumbers Pvt Ltd                 WC Demand Loan    CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Banshi Airgases Pvt Ltd                CC                CRISIL        9      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Banshi Airgases Pvt Ltd                TL                CRISIL        58.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bareilly Ply Boards Pvt Ltd            CC                CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bareilly Ply Boards Pvt Ltd            TL                CRISIL        55     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bathero Sanitary LLP                   CC                CRISIL        12.5   Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Bathero Sanitary LLP                   LT Loan           CRISIL        29     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Bathero Sanitary LLP                   Proposed LT Bk    CRISIL        54.5   Reaffirmed
                                       Loan Fac          B-/Stable
(Issuer Not Cooperating)
Bayir Extracts Pvt Ltd                 LT Rating         CRISIL        -      -
                                                         B+/Stable
(ISSUER NOT COOPERATING)
Beloorbayir Biotech Ltd                LT Rating         CRISIL        -      -
                                                         B+/Stable
(ISSUER NOT COOPERATING)
Best Knitting Mills Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bhagat Aromatics Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bhagavati Rubber Product Industries    CC                CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bhagavati Rubber Product Industries    Proposed LT Bk    CRISIL        40     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Bhagwati Vintrade Pvt Ltd              CC                CRISIL        142.5  Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bhagwati Vintrade Pvt Ltd              LT Loan           CRISIL        43.6   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bhagwati Vintrade Pvt Ltd              Proposed LT Bk    CRISIL        23.5   Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Bhagyodaya Rice Industries             LT Rating         CRISIL        -      -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Bharat Singh Verma Cold Storage        LT Loan           CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bharuch Jilla Kaival Kelavani Mandal   TL                CRISIL D      87.4   -
(Issuer Not Cooperating)
Bhola Nath Naresh Kumar                CC                CRISIL        38.5   Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Bhola Nath Naresh Kumar                Proposed LT Bk    CRISIL        1.5    Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
Bhola Nath Rakesh Kumar                CC                CRISIL B/Stable 60.2 -
(Issuer Not Cooperating)
Bholenath Rice Mill                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bhoomee Land Developers and Builders   TL                CRISIL        92.5   -
                                                         B+/Stable
(Issuer Not Cooperating)
Bhuvan Wheels Pvt Ltd                  CC                CRISIL        60     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
BIC Chemicals and Packagings Pvt Ltd   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bihani Enterprises                     CC                CRISIL B/Stable 110  -
(Issuer Not Cooperating)
Bihani Enterprises                     Proposed TL       CRISIL B/Stable 5    -
(Issuer Not Cooperating)
Bihani Enterprises                     TL                CRISIL B/Stable 10   -
(Issuer Not Cooperating)
Bihani International Pvt Ltd           CC                CRISIL B/Stable 60   -
(Issuer Not Cooperating)
Bihani International Pvt Ltd           Channel Financing CRISIL B/Stable 36   -
(Issuer Not Cooperating)
Bihani International Pvt Ltd           TL                CRISIL B/Stabl1e 6.5 -
(Issuer Not Cooperating)
Bijapur Hungund Tollway Pvt Ltd        NCD               CRISIL AA     2500   Continues on
                                                                              Rating Watch
                                                                              with Positive
Implications'
Bijapur Hungund Tollway Pvt Ltd        NCD               CRISIL AA     1450   Continues on
                                                                              Rating Watch
                                                                              with Positive
Implications'
Bindeshwari Cold Chain Pvt Ltd         LT Rating         CRISIL        -      -
                                                         B/Stable
(ISSUER NOT COOPERATING)
Blue Star Malleable Pvt Ltd            LT Rating         CRISIL        -      -
                                                         B+/Stable
(ISSUER NOT COOPERATING)
Bluezone Vitrified Pvt Ltd             CC                CRISIL        80     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bluezone Vitrified Pvt Ltd             TL                CRISIL        317    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bramaramba Mallikarjuna Realters       Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Bristol Tourist Complex                TL                CRISIL D      500    -
(Issuer Not Cooperating)
Britto Timbers Pvt Ltd                 CC                CRISIL B/Stable 10   Reaffirmed
(Issuer Not Cooperating)
BSL Engineering Services Ltd           CC                CRISIL B/Stable 10   Reaffirmed
(Issuer Not Cooperating)
BSR Techinfra                          CC                CRISIL        1      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Buland Construction                    BG                CRISIL D      67.5   Reaffirmed
(Issuer Not Cooperating)
Buland Construction                    Overdraft         CRISIL D      20     Reaffirmed
(Issuer Not Cooperating)
Buland Construction                    Proposed LT Bk    CRISIL D      37.5   Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
C R Commtrade Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
C.R. Auluck and Sons Pvt Ltd           CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Ceekay Associates                      CC                CRISIL B/Stable 80   -
(Issuer Not Cooperating)
Ceekay Associates                      Electronic Dealer CRISIL B/Stable 50   -
                                       Financing
                                       Scheme(e-DFS)
(Issuer Not Cooperating)
CEM Electromech Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Centech Engineers Pvt Ltd              BG                CRISIL D      17.5   Reaffirmed
(Issuer Not Cooperating)
Centech Engineers Pvt Ltd              CC                CRISIL D      85     Reaffirmed
(Issuer Not Cooperating)
Centech Engineers Pvt Ltd              LOC               CRISIL D      20     Reaffirmed
(Issuer Not Cooperating)
Centech Engineers Pvt Ltd              Proposed LT Bk    CRISIL D      2.2    Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
Centech Engineers Pvt Ltd              Standby Line of   CRISIL D      12.5   Reaffirmed
                                       Credit
(Issuer Not Cooperating)
Centech Engineers Pvt Ltd              TL                CRISIL D      12.8   Reaffirmed
(Issuer Not Cooperating)
Century Textiles and Industries Ltd    LT Rating         CRISIL        -      Reaffirmed
                                                         AA/Stable
Century Textiles and Industries Ltd    NCD               CRISIL        4000   Reaffirmed
                                                         AA/Stable
Century Textiles and Industries Ltd    NCD               CRISIL        7000   Withdrawn
                                                         AA/Stable
Century Textiles and Industries Ltd    NCD               CRISIL        4000   Reaffirmed
                                                         AA/Stable
Century Textiles and Industries Ltd    NCD               CRISIL        7000   Withdrawn
                                                         AA/Stable
Chand Fruit Company Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Chandrashekar - Chamarajanagar         CC                CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Chemgems India Pvt Ltd                 CC/ Overdraft Fac CRISIL        45     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Chemgems India Pvt Ltd                 Export Packing    CRISIL        18     Reaffirmed
                                       Credit            B-/Stable
(Issuer Not Cooperating)
Chemgems India Pvt Ltd                 Foreign Currency TCRISIL        51.3   Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Chemgems India Pvt Ltd                 LT Loan           CRISIL        23     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Chemgems India Pvt Ltd                 Proposed CC Limit CRISIL        6.7    Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Chemline India Ltd                     CC                CRISIL        190    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Chemline India Ltd                     LT Loan           CRISIL        10     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Chemmarathil Cashew Company            CC                CRISIL D      10     Reaffirmed
(Issuer Not Cooperating)
Chemmarathil Cashew Company            Packing Credit    CRISIL D      230    Reaffirmed
(Issuer Not Cooperating)
Chemspec Chemicals Pvt Ltd             CC                CRISIL        956    -
                                                         BBB/Stable
Chemspec Chemicals Pvt Ltd             Proposed FB Bk    CRISIL        284    -
                                       Limits            BBB/Stable
Chemspec Chemicals Pvt Ltd             TL                CRISIL        160    -
                                                         BBB/Stable
Chhattisgarh Power And Coal            CC                CRISIL B/Stable 185  -
Beneficiation Ltd
(Issuer Not Cooperating)
Chinmay Construction                   CC                CRISIL        50     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable ISSUER NOT COOPERATING)
Coastal Agro Industries Ltd            CC                CRISIL B/Stable 150  -
(Issuer Not Cooperating)
Coastal Agro Industries Ltd            LT Loan           CRISIL B/Stable 8    -
(Issuer Not Cooperating)
Coastal Agro Industries Ltd            Proposed LT Bk    CRISIL B/Stable 37.7 -
                                       Loan Fac
(Issuer Not Cooperating)
Corodex Infrastructure Pvt Ltd         CC                CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Corodex Infrastructure Pvt Ltd         Proposed LT Bk    CRISIL        100    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Cross Distributors                     Proposed CC Limit CRISIL B/Stable 100  -
(Issuer Not Cooperating)
Cumbum Valley Winery Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
D B Machine Tools Pvt Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
D. D. Enterprises (Pune)               CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
D. D. Enterprises (Pune)               Proposed CC Limit CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Dalmia DSP Ltd                         Rupee TL          CRISIL AA+    550    Assigned
DBR Foods Pvt Ltd                      CC                CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
DBR Foods Pvt Ltd                      LT Loan           CRISIL        40     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
DBR Foods Pvt Ltd                      Proposed FB Bk    CRISIL        19     Reaffirmed
                                       Limits            B+/Stable
(Issuer Not Cooperating)
Deccan Ferro Alloys Pvt Ltd            CC                CRISIL        150    Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Deepjyot Engineers Pvt Ltd             CC                CRISIL        20     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable )
Deepjyot Engineers Pvt Ltd             Proposed LT Bk    CRISIL        14     -
                                       Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable )
Deepjyot Engineers Pvt Ltd             TL                CRISIL        22     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable )
Devbhoomi Constructions Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Deveer Decors Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
DGB Constructions Pvt Ltd              CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Dhiren Diamonds                        Export Packing    CRISIL        160    -
                                       Credit#           B+/Stable
(#100% interchangeability with post shipment credit)
Diamond Footcare Udyog Pvt Ltd         LT Rating         CRISIL        -      Assigned
                                                         BB-/Stable
Dipanshu Promoter and Builder Pvt Ltd  CC                CRISIL        45     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Dipesh Engineering Works               CC                CRISIL        40     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable )
Disha Auto Components Pvt Ltd          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
DollFine Developers                    Proposed LT Bk    CRISIL        150    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
DPS Contractors Pvt Ltd                CC                CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Durg Tractors                          CC                CRISIL        50     -
                                                         B+/Stable
Durga Polysters Pvt Ltd                CC                CRISIL B/Stable 120  -
(Issuer Not Cooperating)
Durga Polysters Pvt Ltd                Proposed LT Bk    CRISIL B/Stable 110  -
                                       Loan Fac
(Issuer Not Cooperating)
Durga Polysters Pvt Ltd                TL                CRISIL B/Stable 380  -
(Issuer Not Cooperating)
Dutta Agro Products Pvt Ltd            CC                CRISIL B/Stable 88   -
(Issuer Not Cooperating)
Dutta Agro Products Pvt Ltd            Proposed FB Bk    CRISIL B/Stable 8.7  -
                                       Limits
(Issuer Not Cooperating)
Dynamic Electricals and Switchgear Pvt Rating Advisory   -             -      -
Ltd
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Eastern Treads Ltd                     CC                CRISIL        225    -
                                                         BB-/Stable
Eastern Treads Ltd                     TL                CRISIL        25     Assigned
                                                         BB-/Stable
Emperial Films LLP                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Euphoria Mines and Minerals            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
F3 Marine Foods Worldwide              LT Loan           CRISIL        30     Assigned
                                                         B+/Stable
Fiberfill Interiors and Constructions  Rating Advisory   -             -      -
(India) Pvt Ltd
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Flash Distribution Pvt Ltd             CC                CRISIL        100    Reaffirmed
                                                         BBB-/Stable
Flash Distribution Pvt Ltd             Channel Financing CRISIL        250    Reaffirmed
                                                         BBB-/Stable
Flash Distribution Pvt Ltd             Proposed LT Bk    CRISIL        10     Assigned
                                       Loan Fac          BBB-/Stable
Floatels India Pvt Ltd                 CC                CRISIL        20     Reaffirmed
                                                         B+/Stable
Floatels India Pvt Ltd                 Foreign Currency TCRISIL        170    Reaffirmed
                                                         B+/Stable
Fusion Micro Finance Pvt Ltd           NCD               CRISIL        500    Assigned
                                                         A-/Stable
G N Ship Breakers                      CC                CRISIL        60     Reaffirmed
                                                         BB/Stable
G N Ship Breakers                      Proposed LT Bk    CRISIL        10     Assigned
                                       Loan Fac          BB/Stable
G R R Industries Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Giddegowda Contractors                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Girdhar Gopal Rice Product             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Gopani Iron and Power India Pvt Ltd.   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Green Facade Solutions Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Grover Zampa Vineyards Ltd             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Gupta Steel and Strips Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Hillstone Granites Pvt Ltd             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Hi-Quality Foods & Beverages Pvt Ltd   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Hotel Babylon Capital Pvt Ltd          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Ibex Engineering Pvt Ltd               CC                -             20     Withdrawn
(Migrated from 'CRISIL B/Stable ISSUER NOT COOPERATING'; Rating Withdrawn)
Ibex Engineering Pvt Ltd               Export Packing    -             22.5   Withdrawn
                                       Credit
(Migrated from 'CRISIL A4  ISSUER NOT COOPERATING'*; Rating Withdrawn)
Ibex Engineering Pvt Ltd               Proposed CC Limit -             15     Withdrawn
(Migrated from 'CRISIL B/Stable ISSUER NOT COOPERATING'; Rating Withdrawn)
Ibex Engineering Pvt Ltd               TL                -             10.5   Withdrawn
(Migrated from 'CRISIL B/Stable ISSUER NOT COOPERATING'; Rating Withdrawn)
Idupulapadu Cotton Mills Pvt Ltd       Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
IIFL Finance Ltd                       NCD               CRISIL        25000  Assigned
                                                         AA/Negative
IIFL Finance Ltd                       NCD*#             CRISIL        50000  Reaffirmed
                                                         AA/Negative
(*Interchangeable between secured and subordinated debt
#For Retail Bond Issuance)
IIFL Finance Ltd                       NCD^              CRISIL        3250^  Reaffirmed
                                                         AA/Negative
(^Transferred from India Infoline Finance Ltd)
IIFL Finance Ltd                       NCD^*             CRISIL        25000^ Reaffirmed
                                                         AA/Negative
(^Transferred from India Infoline Finance Ltd.
*Interchangeable between secured and subordinated debt)
IIFL Finance Ltd                       Subordinated Debt CRISIL       4983.7^ Reaffirmed
                                                         AA/Negative
(^Transferred from India Infoline Finance Ltd)
IIFL Finance Ltd                       LT Principal      CRISIL PP-MLD 15000  Reaffirmed
                                       Protected Market  AAr/Negative
                                       Linked Debentures^
(^Transferred from India Infoline Finance Ltd)
In Time Garments Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
India Grid Trust                       Corporate Credit  CCR AAA/Stable -     Reaffirmed
                                       Rating
India Grid Trust                       LT Loan           CRISIL        10000  Reaffirmed
                                                         AAA/Stable
India Grid Trust                       TL                CRISIL        1500   Reaffirmed
                                                         AAA/Stable
India Grid Trust                       NCD               CRISIL        2500   Assigned
                                                         AAA/Stable
India Grid Trust                       NCD               CRISIL        5000   Reaffirmed
                                                         AAA/Stable
India Grid Trust                       NCD               CRISIL        3500   Reaffirmed
                                                         AAA/Stable
India Grid Trust                       NCD               CRISIL        4350   Reaffirmed
                                                         AAA/Stable
India Grid Trust                       NCD               CRISIL        2500   Reaffirmed
                                                         AAA/Stable
India Grid Trust                       NCD               CRISIL        14000  Reaffirmed
                                                         AAA/Stable
India Grid Trust                       NCD               CRISIL        5000   Reaffirmed
                                                         AAA/Stable
India Grid Trust                       LT Principal      CRISIL PP-MLD 1750   Reaffirmed
                                       Protected Market  AAAr/Stable
                                       Linked Debentures 
India Grid Trust                       LT Principal      CRISIL PP-MLD 2000   Reaffirmed
                                       Protected Market  AAAr/Stable
                                       Linked Debentures
IndInfravit Trust                      NCD               Provisional   21500  -
                                                         CRISIL AAA^
(Continues on 'Rating Watch with Developing Implications'. 
^A prefix of 'Provisional' indicates that the rating centrally factors in the strength of
specific structures, and will be supported by certain critical documentation by the issuer,
without which the rating would either have been different or not assigned ab initio. This is in
compliance with a May 6, 2015, directive by the Securities and Exchange Board of India (SEBI),
'Standardising the term, rating symbol, and manner of disclosure with regard to conditional/
provisional/ in-principle ratings assigned by credit rating agencies (CRAs)')
Indo European Breweries Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
IndoStar Capital Finance Ltd           NCD               CRISIL        20000  Assigned
                                                         AA-/Stable
Innovative Medicare Technologies Pvt Ltd Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
J. R. Textiles                         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Jai Krishna Artec-J.V.                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Jeevan Sumyuktha Hospitals Pvt Ltd     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Jitendra Singh                         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
JMR Infotech India Pvt Ltd             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Jyote Motors Pvt Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kamdhenu Realities                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kashmir Steel Rolling Mills            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kavitha Gold And Diamonds              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kaynes Technology India Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kays Jewels Pvt Ltd                    CC*               CRISIL        227.5  Reaffirmed
                                                         BBB/Stable
(*Metal gold loan of Rs. 19.5 crore, Bank Guarantee of Rs. 6 crore, Export packing credit &
foreign bill purchase of Rs. 3 crore and forward contract limit of Rs. 0.25 crore are sub-limits
of Cash Credit limit) 
Kays Jewels Pvt Ltd                    CC                CRISIL        70     Reaffirmed
                                                         BBB/Stable
Kays Jewels Pvt Ltd                    Standby Line of   CRISIL        18     Assigned
                                       Credit            BBB/Stable
Kays Jewels Pvt Ltd                    Proposed WC Fac   CRISIL        3.5    Assigned
                                                         BBB/Stable
Kays Jewels Pvt Ltd                    Contingency Limit CRISIL        66     Assigned
                                                         BBB/Stable
KBR Infratech Ltd                      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Keechery Engineering Co.               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Kohinoor Carpets                       Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
KVR Sales Corporation                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Laxmi Engineering Industries (Bhopal)  Rating Advisory   -             -      -
Pvt Ltd
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Leotronic Scales Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Lotus Motors                           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
M. J. Chemicals                        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
M.R.Organisation Ltd                   Corporate Credit  CCR BBB-/Stable -    -
                                       Rating 
 
Maa Sanaka Cold Storage Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Maa Sheetla Autowheels Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Mahaveer Infraengineering Pvt Ltd      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Maithri Drugs Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Maithri Laboratories Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Maloo Constructions India Pvt Ltd      LT Rating         CRISIL        -      -
                                                         B/Stable
(Migrated from 'CRISIL B/Stable ISSUER NOT COOPERATING'; Rating Withdrawn)
Manthan Software Services Pvt Ltd      CC/ Overdraft Fac CRISIL        200    Withdrawn
                                                         B+/Stable
Masqati Dairy Products                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Maxivision Eye Hospitals Pvt Ltd       CC/ Overdraft Fac CRISIL        65     Reaffirmed
                                                         BBB-/Stable
Maxivision Eye Hospitals Pvt Ltd       Proposed LT Bk    CRISIL        15.4   Reaffirmed
                                       Loan Fac          BBB-/Stable
Maxivision Eye Hospitals Pvt Ltd       TL                CRISIL        59.7   Reaffirmed
                                                         BBB-/Stable
Meenakshi Industries                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Mistry Construction Co Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Mistry Enterprises Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Mittal Construction Unit               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Movement Impex Trading Co.             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
MSN Laboratories Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
MSN Life Sciences Pvt Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
MSN Organics Pvt Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
MSN Pharmachem Pvt Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Murti Rice Mill                        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Muthoot Capital Services Ltd           LT Rating         CRISIL        -      Reaffirmed
                                                         A/Stable
Muthoot Capital Services Ltd           NCD               CRISIL        1500   Assigned
                                                         A/Stable
Muthoot Capital Services Ltd           NCD               CRISIL        1500   Reaffirmed
                                                         A/Stable
Muthoot Capital Services Ltd           NCD               CRISIL        500    Reaffirmed
                                                         A/Stable
Muthoot Capital Services Ltd           NCD               CRISIL        1500   Assigned
                                                         A/Stable
Muthoot Capital Services Ltd           NCD               CRISIL        1500   Reaffirmed
                                                         A/Stable
Muthoot Capital Services Ltd           NCD               CRISIL        500    Reaffirmed
                                                         A/Stable
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 3000 Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 750  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 400  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 650  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 700  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 700  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 3000 Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 750  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 400  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 650  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 700  Reaffirmed
Muthoot Microfin Ltd                   NCD               CRISIL A/Stable 700  Reaffirmed
Muthoot Microfin Ltd                   LT Rating         CRISIL        -      Reaffirmed
                                                         A/Stable
Narmada Drinks Pvt Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Nisan Exim                             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Nokha Agrotech Pvt Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Nokha Cold Store Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
O. G. Enterprises                      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Omax Cotspin Pvt Ltd                   BG                -             55     Withdrawn
Omax Cotspin Pvt Ltd                   CC                -             500    Withdrawn
Omax Cotspin Pvt Ltd                   Proposed LT Bk    -             470    Withdrawn
                                       Loan Fac
Omax Cotspin Pvt Ltd                   TL                -             730    Withdrawn
Ommi Forge Pvt Ltd                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
ONGC Mangalore Petrochemicals Ltd      Compulsory        CRISIL AAAr   10000  Reaffirmed
                                       Convertible
                                       Debentures
ONGC Mangalore Petrochemicals Ltd      Compulsory        CRISIL AAAr   10000  Reaffirmed
                                       Convertible
                                       Debentures
ONGC Mangalore Petrochemicals Ltd      Compulsory        Provisional   10000  Assigned
                                       Convertible       CRISIL AAAr
                                       Debentures
ONGC Mangalore Petrochemicals Ltd      Compulsory        Provisional   10000  Assigned
                                       Convertible       CRISIL AAAr
                                       Debentures
Orion Chem Pvt Ltd                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Palaniappa Electronics                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Paradigm Granite Pvt Ltd               Export Packing    CRISIL        220    Assigned
                                       Credit            BBB-/Stable
Paradigm Granite Pvt Ltd               Foreign Currency TCRISIL        10     Assigned
                                                         BBB-/Stable
Paramount Enterprises                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Parijat Paper Mills Ltd                WC Fac            CRISIL        4.5    Assigned
                                                         BB/Stable
Parijat Paper Mills Ltd                TL                CRISIL        25.5   Assigned
                                                         BB/Stable
Parijat Paper Mills Ltd                CC                CRISIL        70     Assigned
                                                         BB/Stable
PCS Auto Cast                          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Phenil Sugars Ltd                      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Polar Star                             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Prabha Devi Multi Complex LLP          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Prabhu Steels                          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Pranami Builders Pvt Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Pranidhi Constructions Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
R D Fashions Pvt Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
R.J. Chatha Rice Mills                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
R.Krishnamurthy and Company            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Rainbow Packaging Pvt Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Raj Agencies - Pune                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Rajasthan Powergen Transformer Pvt Ltd Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Ratan Iron Company                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Raviraj Ginning Pressing and Oil       Rating Advisory   -             -      -
Industries
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Redhu Hatcheries Pvt Ltd               CC                CRISIL D      91.4   Reaffirmed
Redhu Hatcheries Pvt Ltd               Funded Interest TL CRISIL D     71.7   Reaffirmed
Redhu Hatcheries Pvt Ltd               TL                CRISIL D      50.3   Reaffirmed
Redhu Hatcheries Pvt Ltd               WC TL             CRISIL D      186.6  Reaffirmed
Rock Bond Boards                       Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Royal Uniforce Roofings Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
RSL Distilleries (P) Ltd               Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Rudra Blades and Edges Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
S R Polytex Pvt Ltd                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
S. N. Cashews                          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Saatvik Ferro Ltd                      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Safa Trading Company                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sanrachana Structural Strengthening Pvt CC               CRISIL        100    Reaffirmed
Ltd                                                      BB+/Stable
Satvik Enterprises Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Satyanarayana Traders - Dosapadu       Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sawan Engineers Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Seth Roshan Lal Jain Trust             CC                CRISIL        250    -
                                                         B+/Stable
Shakti Earth Movers                    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shirpur Gold Refinery Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shree Agencies Pvt Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shree Jagdamba Agrico Exports Pvt Ltd  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shree Swami Enterprise Pvt Ltd         Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shreenathji-Udaipur Tollway Pvt Ltd    TL                CRISIL        1625.5 -
                                                         AA/Watch
                                                         Positive
(Continues on Rating Watch with Positive Implications)
Shri Lakshmi Narayanan Industries Pvt  Rating Advisory   -             -      -
Ltd
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shri Wardhman Academy For Technical    Rating Advisory   -             -      -
Education, Jabalpur
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shri Wardhman Takniki Shiksha Samiti,  Rating Advisory   -             -      -
Jabalpur
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Shrihari Ginning And Oil Industries    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sigma Techinfra Solutions (India) Pvt  Rating Advisory   -             -      -
Ltd
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Signals and Systems India Pvt Ltd      LT Rating         CRISIL        -      Reaffirmed
                                                         BBB-/Stable
SM Systems                             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Small Johnson Floor Tiles Pvt Ltd      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Spark Engineering Pvt Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sreechand Speciality Hospitals Pvt Ltd Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sri Lalitha Enterprises Industries Pvt CC                CRISIL        3350   Reaffirmed
Ltd                                                      A/Stable
Sri Lalitha Enterprises Industries Pvt Export Packing    CRISIL        600    Reaffirmed
Ltd                                    Credit            A/Stable
Sri Lalitha Enterprises Industries Pvt LT Bk Fac         CRISIL        250    Assigned
Ltd                                                      A/Stable
Sri Lalitha Enterprises Industries Pvt LT Loan           CRISIL        198.5  Assigned
Ltd                                                      A/Stable
Sri Lalitha Enterprises Industries Pvt Proposed LT Bk    CRISIL        281.5  Assigned
Ltd                                    Loan Fac          A/Stable
Sri Raam Dyeing Factory                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sri Sai Srinivasa Rice Industries Pvt  Rating Advisory   -             -      -
Ltd
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sri Satya Lakshmi Rice Mill - West     Rating Advisory   -             -      -
Godavari
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sri Sri Vigneswara Constructions       Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Star Kraft Papers Pvt Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Star Trace Pvt Ltd                     Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Suchitra Yarn Traders                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Suchitraa Silk Pvt Ltd                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Sulav Flour Mill                       CC                CRISIL        25     Reaffirmed
                                                         B+/Stable
Sulav Flour Mill                       Proposed CC Limit CRISIL        10     Reaffirmed
                                                         B+/Stable
Sulav Flour Mill                       TL                CRISIL        55     Reaffirmed
                                                         B+/Stable
Summer Sands                           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Superior Drinks Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Suraj Mal Anil Kumar Pvt Ltd           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Surya Electricals - Khurja             Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
T K International Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Takshasila Educational Society         LT Rating         CRISIL        -      Assigned
                                                         BB/Stable
Tandi                                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Texplas India Pvt Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Thankam Cashew Factory                 Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Tianzhu Electronics Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
TP Central Odisha Distribution Ltd     WC Fac            CRISIL        4000   -
                                                         AA-/Stable
(^Non fund based working capital)
TP Central Odisha Distribution Ltd     Non-FBL^          CRISIL        5500   -
                                                         AA-/Stable
TP Central Odisha Distribution Ltd     TL                CRISIL        2470   -
                                                         AA-/Stable
Udaipur Beverages Ltd                  Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Umashree Rice Mills Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Unique Chemoplant Equipments           Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
United Drilling Tools Ltd              LT Rating         CRISIL        -      -
                                                         B/Stable
(ISSUER NOT COOPERATING; Rating Withdrawn)
V.H. Industries Pvt Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Vasavi Cotton Industries - Siddipet    Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Vayas Multi-trading Pvt Ltd            Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Veeral Controls Pvt Ltd                CC                CRISIL B/Stable 40   Reaffirmed
Veeral Controls Pvt Ltd                Proposed WC Fac   CRISIL B/Stable 25   Reaffirmed
Vel Trust 1997                         TL                CRISIL        90     Reaffirmed
                                                         BB-/Stable
(Migrated from CRISIL BB-/Stable ISSUER NOT COOPERATING')
Victor Forgings                        Credit Limit Under CRISIL       19     Reaffirmed
                                       Gold Card         BB+/Stable
Victor Forgings                        Proposed LT Bk    CRISIL        26     Reaffirmed
                                       Loan Fac          BB+/Stable
Vnm Jewel Crafts Ltd                   Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Yusen Logistics (India) Pvt Ltd        Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Ziqitza Health Care Ltd                Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Zoloto Industries                      Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
--------------------------------------------------------------------------------------------
$: 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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