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CRISIL ratings for Indian debt instruments-Oct 15

   Oct 15  - Below are the ratings awarded by Credit Rating Information Service of India
(CRISIL) for local debt instruments as of October 14, 2020.


COMPANY                                INSTRUMENT        RATING        AMOUNT MOVEMENT
                                                                      (RS.MLN)
------                                 ----------        ------        -----  ---------
SHORT TERM RATINGS:
-------------------
A. F. Cashews                          Packing Credit    CRISIL A4     15     Reaffirmed
(Issuer Not Cooperating)
Adam Fabriwerk Pvt Ltd                 BG                CRISIL A3+    125    Reaffirmed
Adam Fabriwerk Pvt Ltd                 LOC               CRISIL A3+    40     Reaffirmed
Alpna Visual Packaging Aids            Overdraft         CRISIL A4     15     Reaffirmed
(Issuer Not Cooperating)
Amy Exports and Imports Pvt Ltd        Foreign           CRISIL A4     70     Reaffirmed
                                       Documentary Bills
                                       Purchase
(Issuer Not Cooperating)
Amy Exports and Imports Pvt Ltd        Packing Credit    CRISIL A4     30     Reaffirmed
(Issuer Not Cooperating)
Aum Shri Hotels and Resorts Pvt Ltd    BG                CRISIL A4     173.1  Reaffirmed
(Issuer Not Cooperating)
B. Ramanaiah Constructions             BG                CRISIL A4     100    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Bitcon India Infrastructure Developers BG                CRISIL A3+    900    Reaffirmed
Pvt Ltd
Brij Construction and Engineers        BG                CRISIL A4     85     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Castwel Industries                     BG                CRISIL A4     40     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Castwel Industries                     LOC               CRISIL A4     30     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Consolidated Shipping Line India Pvt Ltd BG              CRISIL A4     3      Reaffirmed
(Issuer Not Cooperating)
Deepmala Foods                         Packing Credit    CRISIL A4     140    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Deki Electronics Ltd                   BG                CRISIL A3+    1      Reaffirmed
Deki Electronics Ltd                   Foreign LOC       CRISIL A3+    12.5   Reaffirmed
Delta Crop Sciences Pvt Ltd            BG                CRISIL A4     10     Reaffirmed
(Issuer Not Cooperating)
DSP Merrill Lynch Ltd                  CP                CRISIL A1+    1000   -
(Rating reaffirmed and Withdrawn)
Eaststar Manufacturing Syndicate       BG                CRISIL A4     14     Reaffirmed
(Issuer Not Cooperating)
Excel Generators Pvt Ltd               LOC               CRISIL A4     27.5   Reaffirmed
Gandiv Builder & Engineers Pvt Ltd     BG                CRISIL A4     5      -
(Issuer Not Cooperating)
Gujarat Organics Ltd                   Foreign Exchange  CRISIL A1+    85     Reaffirmed
                                       Forward
Gujarat Organics Ltd                   LOC##             CRISIL A1+    75     Reaffirmed
(## Fully interchangeable with Bank Guarantee, Buyer's Credit, Stand by Letter of Credit and
Invoice Discounting)
Gujarat Organics Ltd                   LOC Bill          CRISIL A1+    90     Reaffirmed
                                       Discounting
Gunina Alloy And Steel Pvt Ltd         BG                CRISIL A4     5      -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Lee Builders                           BG                CRISIL A4     92     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Mahatma Gandhi University of Medical   BG                CRISIL A2     242    Reaffirmed
Sciences and Technology
(Placed on 'Rating Watch with Developing Implications')
MAK Constructions                      BG                CRISIL A4     5      Reaffirmed
(Issuer Not Cooperating)
Mohan Mercantile India Pvt Ltd         Bill Discounting  CRISIL A4     150    -
                                       under LOC
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Ocean Gate Container Terminals Pvt Ltd BG                CRISIL A4     250    -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
P L Raju Constructions Ltd             BG                CRISIL A3     1730   Reaffirmed
Parry Sugars Refinery India Pvt Ltd    Non-FBL           CRISIL A1     12400  -
Parry Sugars Refinery India Pvt Ltd    Proposed NFBL     CRISIL A1     900    Reaffirmed
Parry Sugars Refinery India Pvt Ltd    CP                CRISIL A1     1500   -
Prashant Castech Pvt Ltd               Export Packing    CRISIL A4     90     -
                                       Credit
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Purandar Investment Pvt Ltd            BG                CRISIL A4+    4      Reaffirmed
(Migrated from 'CRISIL A4+)
Purandar Investment Pvt Ltd            LOC               CRISIL A4+    16     Reaffirmed
(Migrated from 'CRISIL A4+)
S.S.Natarajan & Co                     BG                CRISIL A4+    40     Reaffirmed
S.S.Natarajan & Co                     Overdraft         CRISIL A4+    68     Reaffirmed
Sanariya Ceramic LLP                   BG                CRISIL A4+    7.2    -
(Upgraded from 'CRISIL A4')
Shaan Cars Pvt Ltd                     Inventory Funding CRISIL A4     160    -
                                       Fac
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Shivhare Road lines                    BG                CRISIL A4     35     Reaffirmed
(Issuer Not Cooperating)
Shivhare Road lines                    LOC               CRISIL A4     15     Reaffirmed
(Issuer Not Cooperating)
Shomuk Engineering And Consultancy     BG                CRISIL A4     50     -
Services
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Signum Electrowave                     LOC               CRISIL A4     55     -
(ISSUER NOT COOPERATING; Revised from 'CRISIL A4+)
Sterling Cast and Forge                Overdraft         CRISIL A4     10.5   Reaffirmed
Sterling Cast and Forge                Packing Credit    CRISIL A4     20     Reaffirmed
Sumangal Polymers                      LOC               CRISIL A4     100    -
(Issuer Not Cooperating)
Three Star Marine Exports              Export Packing    CRISIL A4+    70     Reaffirmed
                                       Credit & Export
                                       Bills Negotiation/Foreign Bill discounting
Tibrewala Electronics Ltd              LOC*              CRISIL A2     370    Reaffirmed
(* Includes Cash Credit of Rs 18 crore as sub-limit to Letter of Credit)
Trident Ltd                            LOC & BG          CRISIL A1+    2000   Reaffirmed
Trident Ltd                            CP                CRISIL A1+    1500   -
Umedica Laboratories Pvt Ltd           BG                CRISIL A3     25     Reaffirmed
Umedica Laboratories Pvt Ltd           LOC               CRISIL A3     50     Reaffirmed
 
MEDIUM TERM RATINGS:
-------------------
Deki Electronics Ltd                   FD                FA-/Stable    60     Reaffirmed

 

LONG TERM RATINGS:
-------------------
A. F. Cashews                          CC                CRISIL        30     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
A. F. Cashews                          Proposed LT Bk    CRISIL        50     Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
A. F. Cashews                          TL                CRISIL        5      Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Adam Fabriwerk Pvt Ltd                 CC                CRISIL        300    Reaffirmed
                                                         BBB/Stable
Adam Fabriwerk Pvt Ltd                 Proposed FB Bk    CRISIL        75     Reaffirmed
                                       Limits            BBB/Stable
Adam Fabriwerk Pvt Ltd                 WC Demand Loan    CRISIL        30     Reaffirmed
                                                         BBB/Stable
Alpna Visual Packaging Aids            Proposed FB Bk    CRISIL        4      Reaffirmed
                                       Limits            B/Stable
(Issuer Not Cooperating)
Alpna Visual Packaging Aids            TL                CRISIL        41     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Angel Pipes and Tubes Pvt Ltd          CC                CRISIL        100    Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Angel Pipes and Tubes Pvt Ltd          Proposed LT Bk    CRISIL        50     Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
Arihant Prime Developers Pvt Ltd       TL                CRISIL        100    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Aum Shri Hotels and Resorts Pvt Ltd    Proposed LT Bk    CRISIL        6.9    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Avon Containners Pvt Ltd               CC                CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Avon Containners Pvt Ltd               Proposed FB Bk    CRISIL        4.6    Reaffirmed
                                       Limits            B+/Stable
(Issuer Not Cooperating)
Avon Containners Pvt Ltd               Standby LOC       CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Avon Containners Pvt Ltd               TL                CRISIL        25.4   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B. Ramanaiah Constructions             Overdraft         CRISIL        140    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
B.L. Agro Industries                   CC                CRISIL        30     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
B.L. Agro Industries                   TL                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Babbar Agro Industry                   CC                CRISIL        55     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Babbar Agro Industry                   LT Loan           CRISIL        15     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Babbar Agro Industry                   Warehouse Receipts CRISIL       30     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Bansal Rice Mills - Ismailabad         CC                CRISIL        55     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bansal Rice Mills - Ismailabad         Proposed LT Bk    CRISIL        40     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Bansal Rice Mills - Ismailabad         TL                CRISIL        5      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bhadohi Carpets                        Export Packing    CRISIL        90     Reaffirmed
                                       Credit            B+/Stable
(Issuer Not Cooperating)
Bhadohi Carpets                        Foreign Bill      CRISIL        30     Reaffirmed
                                       Purchase          B+/Stable
(Issuer Not Cooperating)
Bhadohi Carpets                        Foreign LOC       CRISIL        5      Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bhagwan Auto Products                  TL                CRISIL        32.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Bitcon India Infrastructure Developers Overdraft         CRISIL        70     Reaffirmed
Pvt Ltd                                                  BBB/Stable
Brij Construction and Engineers        Overdraft         CRISIL        40     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Brijlax Motors Pvt Ltd                 CC                CRISIL        25     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Brijlax Motors Pvt Ltd                 Electronic Dealer CRISIL        100    -
                                       Financing         B/Stable
                                       Scheme(e-DFS)
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
C A G Construction Equipment Pvt Ltd   CC                CRISIL        70     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
C A G Construction Equipment Pvt Ltd   Drop Line         CRISIL        30     -
                                       Overdraft Fac     B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Capital propmart Pvt Ltd               TL                CRISIL        95     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Castwel Industries                     CC                CRISIL        50     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Castwel Industries                     Proposed LT Bk    CRISIL        10.9   -
                                       Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Castwel Industries                     Standby LOC       CRISIL        7.5    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Chaitanya Cashew Company               Packing Credit    CRISIL D      80     Reaffirmed
(Issuer Not Cooperating)
Chinar Syntex Ltd                      CC                CRISIL        210    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Chinar Syntex Ltd                      Proposed LT Bk    CRISIL        20     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Civil Engineering Enterprises          CC                CRISIL        95     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Consolidated Shipping Line India Pvt Ltd CC              CRISIL        36     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Consolidated Shipping Line India Pvt Ltd Proposed LT Bk  CRISIL        2      Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Consolidated Shipping Line India Pvt Ltd Standby Line of CRISIL        3      Reaffirmed
                                       Credit            B+/Stable
(Issuer Not Cooperating)
Consolidated Shipping Line India Pvt Ltd TL              CRISIL        16     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Coslight India Telecom Pvt Ltd         CC**              -             10     Withdrawn
(Issuer Not Cooperating. 
**Cash credit is fully interchangeable with non-fund based limits subject to the combined
drawings on both fund and non-fund based facilities not exceeding Rs. 10 crores.) 
Coslight India Telecom Pvt Ltd         Non-FBL@          -             90     Withdrawn
(Issuer Not Cooperating.  
@ Non-fund based limits include Bid Bond Bank Guarantee -1 (Rs. 7.5 crores), Performance Bank
Guarantee -1 (Rs. 5 crores), Letter of Credit - 1 (Rs. 5 crores) and Counter Bank Guarantee (Rs.
7.5 crores)) 
Deepak Polyester Pvt Ltd               CC                CRISIL        70     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Deepak Polyester Pvt Ltd               TL                CRISIL        21.1   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Deepak yadav & others                  TL                CRISIL B      90     -
(ISSUER NOT COOPERATING)
Deepmala Foods                         Proposed LT Bk    CRISIL        10     -
                                       Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Deki Electronics Ltd                   CC                CRISIL        160    Reaffirmed
                                                         BBB/Stable
Deki Electronics Ltd                   Proposed FB Bk    CRISIL        49.5   Reaffirmed
                                       Limits            BBB/Stable
Deki Electronics Ltd                   TL                CRISIL        47     Reaffirmed
                                                         BBB/Stable
Delta Crop Sciences Pvt Ltd            CC                CRISIL        50     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Delta Crop Sciences Pvt Ltd            Proposed LT Bk    CRISIL        20     Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
Delta Crop Sciences Pvt Ltd            WC Demand Loan    CRISIL        20     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Dreamciti Realty Pvt Ltd               CC                CRISIL        80     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
DSP Merrill Lynch Ltd                  ST Bk Fac         -             550    Withdrawn
(Rating reaffirmed and Withdrawn)
Eaststar Manufacturing Syndicate       CC                CRISIL        65     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Edimannickal Fashion Jewellery         CC                CRISIL        100    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Excel Generators Pvt Ltd               CC                CRISIL        30     Reaffirmed
                                                         B+/Stable
Excel Generators Pvt Ltd               Proposed LT Bk    CRISIL        12.5   Reaffirmed
                                       Loan Fac          B+/Stable
Favourite Plus Ceramic Pvt Ltd         Proposed LT Bk    CRISIL        100    -
                                       Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Gandiv Builder & Engineers Pvt Ltd     CC                CRISIL B/Stable 5    -
(Issuer Not Cooperating)
Gandiv Builder & Engineers Pvt Ltd     LT Loan           CRISIL B/Stable 30   -
(Issuer Not Cooperating)
Gandiv Builder & Engineers Pvt Ltd     Proposed LT Bk    CRISIL B/Stable 60   -
                                       Loan Fac
(Issuer Not Cooperating)
Genxt Mobile                           CC                CRISIL        40     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Genxt Mobile                           Channel Financing CRISIL        100    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Gujarat Organics Ltd                   CC@@              CRISIL        250    Reaffirmed
                                                         AA-/Stable
(@@ Fully interchangeable with Pre shipment, Post Shipment Credit and Working Capital Demand
Loan)
Gujarat Organics Ltd                   Proposed LT Bk    CRISIL        150    Reaffirmed
                                       Loan Fac          AA-/Stable
Gujarat Organics Ltd                   TL                CRISIL        200    Reaffirmed
                                                         AA-/Stable
Gunina Alloy And Steel Pvt Ltd         CC                CRISIL        20     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Gunina Alloy And Steel Pvt Ltd         Proposed CC Limit CRISIL        40     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Gunina Alloy And Steel Pvt Ltd         Proposed LT Bk    CRISIL        35     -
                                       Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Hanuman Impex                          CC                CRISIL        99     Reaffirmed
                                                         BB-/Stable
Hanuman Impex                          Proposed LT Bk    CRISIL        1      Reaffirmed
                                       Loan Fac          BB-/Stable
International Print-O-Pac Ltd          Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Janki Newsprint Ltd                    CC                CRISIL        100    Reaffirmed
                                                         BB+/Stable
Janki Newsprint Ltd                    Proposed LT Bk    CRISIL        185    Reaffirmed
                                       Loan Fac          BB+/Stable
K. C. S. Developers                    LT Loan           CRISIL        90     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Karimala Granites And Aggregates Pvt Ltd Overdraft       CRISIL        100    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Khagaria Auto Agency                   CC                CRISIL        50     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Kumar Elastomech Pvt Ltd               CC/ Overdraft Fac CRISIL        40     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Kumar Elastomech Pvt Ltd               LT Loan           CRISIL        38     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Lee Builders                           CC                CRISIL        178    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Loantap Credit Products Pvt Ltd        Proposed LT Bk    CRISIL        2000   Assigned
                                       Loan Fac          BBB-/Stable
M A Fruits International Pvt Ltd       CC                CRISIL        60     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
M.P. Agro Nutri Foods Ltd              Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Maa Polypacks Industries (Ind) Pvt Ltd CC                CRISIL        120    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Maa Polypacks Industries (Ind) Pvt Ltd Proposed TL       CRISIL        15.9   -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Maa Polypacks Industries (Ind) Pvt Ltd TL                CRISIL        157.6  -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Mahaa Lakshmi Cold Storage             LT Loan           CRISIL        45     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Mahaa Lakshmi Cold Storage             Proposed LT Bk    CRISIL        15     Reaffirmed
                                       Loan Fac          B-/Stable
(Issuer Not Cooperating)
Maharashtra Foods Processing And Cold  CC                CRISIL        12.5   -
Storage                                                  B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Maharashtra Foods Processing And Cold  Export Packing    CRISIL        135    -
Storage                                Credit            B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Maharashtra Foods Processing And Cold  Proposed LT Bk    CRISIL        2.5    -
Storage                                Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Mahatma Gandhi University of Medical   LT Loan           CRISIL BBB+   3978.3 Reaffirmed
Sciences and Technology
(Placed on 'Rating Watch with Developing Implications')
Mahatma Gandhi University of Medical   Overdraft         CRISIL BBB+   359.7  Reaffirmed
Sciences and Technology
(Placed on 'Rating Watch with Developing Implications')
Majestic Property Developers Pvt Ltd   Proposed LT Bk    CRISIL        100    Reaffirmed
                                       Loan Fac          B+/Stable
(Issuer Not Cooperating)
MAK Constructions                      CC/ Overdraft Fac CRISIL        175    Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Mangalore Marketing                    CC                CRISIL        90     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Mohan Mercantile India Pvt Ltd         CC                CRISIL        50     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Numero Uno Clothing Ltd                CC                -             550    Withdrawn
(Rating reaffirmed and Withdrawn)
P L Raju Constructions Ltd             CC                CRISIL        0.5    Reaffirmed
                                                         BBB-/Stable
P L Raju Constructions Ltd             Overdraft         CRISIL        420    Reaffirmed
                                                         BBB-/Stable
P L Raju Constructions Ltd             Proposed LT Bk    CRISIL        559.5  Assigned
                                       Loan Fac          BBB-/Stable
Parry Sugars Refinery India Pvt Ltd    FB Fac            CRISIL        3950   Reaffirmed
                                                         A+/Stable
Parry Sugars Refinery India Pvt Ltd    FB Fac#           CRISIL        4600   -
                                                         A+/Stable
(#Interchangeable with Non Fund Based facility)
Parry Sugars Refinery India Pvt Ltd    Non-FBL*          CRISIL        5000   Reaffirmed
                                                         A+/Stable
(*Fully Interchangeable with fund based facility)
Parry Sugars Refinery India Pvt Ltd    Proposed FB Bk    CRISIL        900    Assigned
                                       Limits            A+/Stable
Parry Sugars Refinery India Pvt Ltd    NCD               CRISIL        350    -
                                                         A+/Stable
Parry Sugars Refinery India Pvt Ltd    LT Loan$          CRISIL AA-    1000   -
($Guaranteed by EID Parry (India) Ltd)
Parry Sugars Refinery India Pvt Ltd    NCD$              CRISIL AA-    1000   -
($Guaranteed by EID Parry (India) Ltd)
Pawan Shree Food International Pvt Ltd Rating Advisory   -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Prashant Castech Pvt Ltd               CC                CRISIL        10     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB+/Stable)
Purandar Investment Pvt Ltd            CC                CRISIL        8      Reaffirmed
                                                         BB/Stable
(Migrated from 'CRISIL BB/Stable)
Qualit Agro Processors                 Line of Credit    CRISIL        130    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Qualit Agro Processors                 Packing Credit    CRISIL        70     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Roltas Paper LLP                       Proposed FB Bk    CRISIL        120    Assigned
                                       Limits            B+/Stable
S M Industries - Jalalabad             CC                CRISIL B/Stable 75   Reaffirmed
(Issuer Not Cooperating)
S M Industries - Jalalabad             Proposed LT Bk    CRISIL B/Stable 7.5  Reaffirmed
                                       Loan Fac
(Issuer Not Cooperating)
S M Industries - Jalalabad             TL                CRISIL B/Stable 22.5 Reaffirmed
(Issuer Not Cooperating)
S.S.Natarajan & Co                     Proposed WC Fac   CRISIL        42     Reaffirmed
                                                         BB/Stable
Sai Rama Sea Foods                     CC                CRISIL        52.5   -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Sai Rama Sea Foods                     Proposed WC Fac   CRISIL        47.5   -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB/Stable)
Sanariya Ceramic LLP                   CC                CRISIL        40     -
                                                         BB-/Stable
(Upgraded from 'CRISIL B+/Stable')
Sanariya Ceramic LLP                   TL                CRISIL        48.3   -
                                                         BB-/Stable
(Upgraded from 'CRISIL B+/Stable')
Sathvika                               CC                CRISIL        87.5   -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Sathvika                               Cash TL           CRISIL        2.5    -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Sathvika                               Proposed LT Bk    CRISIL        10     -
                                       Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Shantilal C. Mehta                     CC                -             60     Withdrawn
(Migrated from 'CRISIL BB+/Stable)
Shantilal C. Mehta                     LOC               -             40     Withdrawn
(Migrated from 'CRISIL BB+/Stable)
Shantilal C. Mehta                     Proposed LT Bk    -             30     Withdrawn
                                       Loan Fac
(Migrated from 'CRISIL BB+/Stable)
Shantilal C. Mehta                     WC Fac            -             60     Withdrawn
(Migrated from 'CRISIL BB+/Stable)
Shivhare Road lines                    CC                CRISIL        10     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shivhare Road lines                    TL                CRISIL        88     Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shree Tech Paprers                     CC                CRISIL        57.5   Reaffirmed
                                                         B+/Stable
(Issuer Not Cooperating)
Shreedhi Milk and Food Products Pvt Ltd Rating Advisory  -             -      -
(CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review)
Signum Electrowave                     CC                CRISIL        30     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Signum Electrowave                     LT Loan           CRISIL        50     -
                                                         B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Silverlines Gems and Jewellery Pvt Ltd CC                CRISIL        95     Reaffirmed
                                                         B-/Stable
(Issuer Not Cooperating)
Singhal Power Presses Pvt Ltd          CC                CRISIL        29.4   Reaffirmed
                                                         BBB-/Stable
Singhal Power Presses Pvt Ltd          Proposed LT Bk    CRISIL        97.3   Reaffirmed
                                       Loan Fac          BBB-/Stable
Singhal Power Presses Pvt Ltd          Proposed Overdraft CRISIL       80     Reaffirmed
                                       Fac               BBB-/Stable
SM Autovision Pvt Ltd                  CC                CRISIL        10     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
SM Autovision Pvt Ltd                  TL                CRISIL        100    Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Spring Dynamics Pvt Ltd                CC                CRISIL        15     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
Spring Dynamics Pvt Ltd                Proposed LT Bk    CRISIL        29     Reaffirmed
                                       Loan Fac          B/Stable
(Issuer Not Cooperating)
Spring Dynamics Pvt Ltd                TL                CRISIL        14     Reaffirmed
                                                         B/Stable
(Issuer Not Cooperating)
SPRNG Photovoltaic Pvt Ltd             LT Loan           -             2415   Withdrawn
Sterling Cast and Forge                Foreign Bill      CRISIL        23     Reaffirmed
                                       Purchase          B/Stable
Subra International Pvt Ltd            Proposed LT Bk    CRISIL        240    -
                                       Loan Fac          B/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
Sumangal Polymers                      CC                CRISIL B/Stable 100  -
(Issuer Not Cooperating)
Sumangal Polymers                      Electronic Dealer CRISIL B/Stable 150  -
                                       Financing
                                       Scheme(e-DFS)
(Issuer Not Cooperating)
Swajan Foundation                      Proposed FB Bk    CRISIL        10     Assigned
                                       Limits            B+/Stable
Three Star Marine Exports              Bill Discounting  CRISIL        30     Reaffirmed
                                                         BB-/Stable
Tibrewala Electronics Ltd              Proposed LT Bk    CRISIL        10     Reaffirmed
                                       Loan Fac          BBB+/Positive
(Outlook revised from 'Stable' and rating reaffirmed)
Trident Infra Homes Pvt Ltd            TL                -             1230   Withdrawn
Trident Ltd                            CC                CRISIL        15000  Reaffirmed
                                                         AA-/Stable
Trident Ltd                            Foreign Currency TCRISIL        266.6  Reaffirmed
                                                         AA-/Stable
Trident Ltd                            LT Loan           CRISIL        22653.4Reaffirmed
                                                         AA-/Stable
Trident Ltd                            Proposed TL       CRISIL        80     Reaffirmed
                                                         AA-/Stable
Umedica Laboratories Pvt Ltd           CC                CRISIL        268    Reaffirmed
                                                         BBB-/Stable
Umedica Laboratories Pvt Ltd           LT Loan           CRISIL        37     Reaffirmed
                                                         BBB-/Stable
Vertice Global Pvt Ltd                 CC                -             45     Withdrawn
Vertice Global Pvt Ltd                 Inland/Import LOC -             40     Withdrawn
Vertice Global Pvt Ltd                 LT Loan           -             55     Withdrawn
--------------------------------------------------------------------------------------------
$: 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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