October 30, 2018 / 8:28 AM / in 17 days

CRISIL ratings for Indian debt instruments-Oct 30

    Oct 30 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of October 29, 2018.


COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
A.V. Thomas and Co. Ltd                 BG                 CRISIL A1      20      Reaffirmed
A.V. Thomas and Co. Ltd                 LOC                CRISIL A1      8.5     Reaffirmed
Aauraa Home Fashion Pvt Ltd             Packing Credit     CRISIL A4+     60      Assigned
Advance Die Cast                        BG                 CRISIL A4+     1       Reaffirmed
(ISSUER NOT COOPERATING)
Ami Cylinders                           BG                 CRISIL A4+     20      Assigned
Associated Toolings India Pvt Ltd       BG                 CRISIL A4      38      Assigned
Associated Toolings India Pvt Ltd       LOC                CRISIL A4      10      Assigned
Baliboina Sivaprasad                    ST Loan            CRISIL A4+     64.6    Reaffirmed
Bansal Ship Breakers                    LOC                CRISIL A4      150     Reaffirmed
Blue-Fin Frozen Foods Pvt Ltd           Packing Credit in  CRISIL A2      460     Reaffirmed
                                        Foreign Currency
Chenab Machinery & Engineering Pvt Ltd  Proposed LOC       CRISIL A4      20      Assigned
Devrishi Foods Pvt Ltd                  Foreign            CRISIL A4      14      -
                                        Discounting Bill
                                        Purchase
(ISSUER NOT COOPERATING)
Devrishi Foods Pvt Ltd                  Packing Credit     CRISIL A4      34      -
(ISSUER NOT COOPERATING)
Eram Motors Pvt Ltd                     BG                 CRISIL A4      90      Reaffirmed
GMS Elegant Builders India Pvt Ltd      BG                 CRISIL A4+     90      Reaffirmed
Home Credit India Finance Pvt Ltd -     Series A1 PTCs     CRISIL A1      513.9   -
Amala Vivriti Capital 2018
(Converted from Provisional Rating to Final Rating)
Home Credit India Finance Pvt Ltd -     Series A2 PTCs     CRISIL A3      16.8    -
Amala Vivriti Capital 2018
(Converted from Provisional Rating to Final Rating)
IRB Infrastructure Developers Ltd       BG                 CRISIL A1      12000   Assigned
IRB Infrastructure Developers Ltd       Proposed BG        CRISIL A1      9000    Assigned
Jai Jyoti Woollen Mills                 Proposed ST Bk     CRISIL A4      4.4     -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Jain Steel Industries                   Proposed NFBL      CRISIL A4+     50      Reaffirmed
(ISSUER NOT COOPERATING)
Janatha Motors                          Overdraft          CRISIL A4      60      Assigned
JSK Infracomplex Pvt Ltd                Proposed NFBL      CRISIL A4+     30      Assigned
Kings Marine Products                   Bill Discounting   CRISIL A4      40      Reaffirmed
Kings Marine Products                   Packing Credit     CRISIL A4      80      Reaffirmed
Kings Marine Products                   Proposed ST Bk     CRISIL A4      14.9    Reaffirmed
                                        Loan Fac
Lakme Vitrified LLP                     BG                 CRISIL A4+     35.2    Upgraded from
                                                                                  CRISIL A4
Mahesh Extrusions Ltd                   BG                 CRISIL A4      5       Reaffirmed
(ISSUER NOT COOPERATING)
Mahesh Extrusions Ltd                   LOC                CRISIL A4      60.4    Reaffirmed
(ISSUER NOT COOPERATING)
Mangal Textile Mills India Pvt Ltd      BG                 CRISIL A2      13      Upgraded from
                                                                                  CRISIL A3+
Moonhouse Projects Ltd                  BG                 CRISIL A4+     80      Assigned
MRL Tyres Ltd                           LOC & BG           CRISIL A3+     300     Upgraded from
                                                                                  CRISIL A3
MRL Tyres Ltd                           Packing Credit     CRISIL A3+     180     Upgraded from
                                                                                  CRISIL A3
MRL Tyres Ltd                           Proposed ST Bk     CRISIL A3+     120     Upgraded from
                                        Loan Fac                                  CRISIL A3
Muthoot Fincorp Ltd - Vivriti Pugh 07   Series A1 PTCs     CRISIL A1+     488.4   -
2018
(Converted from Provisional Rating to Final Rating)
Nabha Power Ltd                         CP Programme       CRISIL A1+     40000   Reaffirmed
Pashupati Cotspin Ltd                   BG                 CRISIL A4+     75      Reaffirmed
Pickwick Hygienic Products Pvt Ltd      BG                 CRISIL A4+     2.5     -
(ISSUER NOT COOPERATING)
Pickwick Hygienic Products Pvt Ltd      Deferred Payment   CRISIL A4+     28.7    -
                                        Guarantee
(ISSUER NOT COOPERATING)
Pickwick Hygienic Products Pvt Ltd      LOC                CRISIL A4+     1.3     -
(ISSUER NOT COOPERATING)
Pon Pure Chemical India Pvt Ltd         LOC                CRISIL A3+     3220    Downgraded
                                                                                  from CRISIL
                                                                                  A2
Pon Pure Chemical India Pvt Ltd         CP                 CRISIL A3+     100     Downgraded
                                                                                  from CRISIL
                                                                                  A2
Prathista Industries Ltd                LOC                CRISIL A3      50      Upgraded from
                                                                                  CRISIL A4+
PTS HITECH PROJECTS India Pvt Ltd       BG                 CRISIL A4      60      -
(ISSUER NOT COOPERATING)
Pure Chemicals Co                       LOC                CRISIL A3      295     Downgraded
                                                                                  from CRISIL
                                                                                  A3+
Rachna Plasticizers                     BG                 CRISIL A3+     1.1     Reaffirmed
Rachna Plasticizers                     Inland/Import LOC  CRISIL A3+     80      Reaffirmed
Radhe Sham Ravi Prakash Timbers Pvt Ltd Proposed LOC       CRISIL A4+     130     Reaffirmed

Radhe Sham Ravi Prakash Timbers Pvt Ltd LOC                CRISIL A4+     360     Reaffirmed
Rafbrix Pvt Ltd                         Non-FBL            CRISIL A4+     40      Assigned
Ramsons Industries Ltd                  BG                 CRISIL A4+     25      Reaffirmed
(ISSUER NOT COOPERATING)
Samudra Shipyard Pvt Ltd                BG                 CRISIL A4      40      Reaffirmed
Sandvik Asia Pvt Ltd                    LOC & BG@          CRISIL A1+     1273    Reaffirmed
@Short-term limit and PCFC limit are interchangeable
Sandvik Asia Pvt Ltd                    Packing Credit#    CRISIL A1+     375     Assigned
#Buyers credit fully interchangeable with packing credit
Shriram Automotive Products Ltd         Foreign            CRISIL A4+     63.5    Reaffirmed
                                        Discounting Bill
                                        Purchase
Signature Foam Pvt Ltd                  Packing Credit     CRISIL A4      40      Assigned
SRG Apparels Pvt Ltd                    Export Packing     CRISIL A3+     450     Downgraded
                                        Credit                                    from CRISIL
                                                                                  A2
SRG Apparels Pvt Ltd                    LOC                CRISIL A3+     100     Downgraded
                                                                                  from CRISIL
                                                                                  A2
SRG Apparels Pvt Ltd                    Post Shipment      CRISIL A3+     270     Downgraded
                                        Credit                                    from CRISIL
                                                                                  A2
Sri Navdurga Textile Processors Pvt Ltd Packing Credit     CRISIL A4+     47.5    Assigned
Sri Navdurga Textile Processors Pvt Ltd BG                 CRISIL A4+     4       Assigned
Sri Saravana Spinning Mills Pvt Ltd     ST Bk Fac          CRISIL A2+     50      Reaffirmed
Teeam Score                             Foreign Bill       CRISIL A4      10      Reaffirmed
                                        Purchase
Teeam Score                             Packing Credit     CRISIL A4      30      Reaffirmed
The Hi-Tech Robotic Systemz Ltd         BG                 CRISIL A3      60      Reaffirmed
The Hi-Tech Robotic Systemz Ltd         LOC                CRISIL A3      10      Reaffirmed
The Hi-Tech Robotic Systemz Ltd         LOC Bill           CRISIL A3      50      Reaffirmed
                                        Discounting
TJSB Sahakari Bank Ltd                  BG                 CRISIL A1      3200    Upgraded from
                                                                                  CRISIL A2+
Tulsi Paper Mills Pvt Ltd               BG                 CRISIL A3+     10      Reaffirmed
Tulsi Paper Mills Pvt Ltd               LOC                CRISIL A3+     190     Reaffirmed
Ujin Pharmachem                         Inland/Import LOC  CRISIL A4+     40      -
(ISSUER NOT COOPERATING)
Vikram Plasticizers (Prop. Vin          BG                 CRISIL A3      7.5     Reaffirmed
Plasticizers Pvt. Ltd.)
Vikram Plasticizers (Prop. Vin          LOC                CRISIL A3      100     Reaffirmed
Plasticizers Pvt. Ltd.)
Vistar Properties Pvt Ltd               Overdraft          CRISIL A3      100     Reaffirmed



LONG TERM RATINGS:
-------------------
A.V. Thomas and Co. Ltd                 CC*                CRISIL A       450     Reaffirmed
*Interchangeable with packing credit and bill discounting
AAA Paper Ltd                           CC                 -              280     Withdrawn
Aauraa Home Fashion Pvt Ltd             TL                 CRISIL BB      12.3    Assigned
Aauraa Home Fashion Pvt Ltd             Proposed LT Bk     CRISIL BB      27.7    Assigned
                                        Loan Fac
Advance Die Cast                        CC                 CRISIL BB-     35      Reaffirmed
(ISSUER NOT COOPERATING)
Advance Die Cast                        Proposed LT Bk     CRISIL BB-     1.2     Reaffirmed
                                        Loan Fac
(ISSUER NOT COOPERATING)
Advance Die Cast                        TL                 CRISIL BB-     85.7    Reaffirmed
(ISSUER NOT COOPERATING)
Akshar Enterprises - Nashik             Proposed CC Limit  CRISIL BB-     80      Reaffirmed
Ami Cylinders                           CC                 CRISIL BB      130     Assigned
Aquamall Water Solutions Ltd            BG                 -              20      Withdrawn
Aquamall Water Solutions Ltd            CC & WC demand loan-              380     Withdrawn
Aquamall Water Solutions Ltd            LOC                -              100     Withdrawn
Aquamall Water Solutions Ltd            Proposed FB Bk     -              150     Withdrawn
                                        Limits
Aquamall Water Solutions Ltd            Sales Bill         -              100     Withdrawn
                                        Discounting
Aquamall Water Solutions Ltd            WC Demand Loan     -              500     Withdrawn
Arafa Gold - Thiruvananthapuram         Proposed LT Bk     CRISIL B+      26      Assigned
                                        Loan Fac
Arafa Gold - Thiruvananthapuram         CC                 CRISIL B+      150     Assigned
Arafa Gold - Thiruvananthapuram         LT Loan            CRISIL B+      9       Assigned
Aries Corporate Services Pvt Ltd        CC                 CRISIL BB      62.5    -
(ISSUER NOT COOPERATING)
Ashruly Engineering Pvt Ltd             BG                 CRISIL D       5       -
(ISSUER NOT COOPERATING)
Ashruly Engineering Pvt Ltd             CC                 CRISIL D       37.5    -
(ISSUER NOT COOPERATING)
Ashruly Engineering Pvt Ltd             LOC                CRISIL D       25      -
(ISSUER NOT COOPERATING)
Ashruly Engineering Pvt Ltd             LT Loan            CRISIL D       28      -
(ISSUER NOT COOPERATING)
Ashruly Engineering Pvt Ltd             Proposed LT Bk     CRISIL D       4.5     -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Associated Toolings India Pvt Ltd       Bill Discounting   CRISIL B       6       Assigned
Associated Toolings India Pvt Ltd       CC                 CRISIL B       83.5    Assigned
Associated Toolings India Pvt Ltd       Rupee TL           CRISIL B       2.1     Assigned
Associated Toolings India Pvt Ltd       Proposed LT Bk     CRISIL B       0.4     Assigned
                                        Loan Fac
Baliboina Sivaprasad                    Overdraft          CRISIL BB-     18.5    Reaffirmed
Baliboina Sivaprasad                    Proposed LT Bk     CRISIL BB-     16.9    Reaffirmed
                                        Loan Fac
Bansal Ship Breakers                    LOC                CRISIL B+      50      Reaffirmed
Bansal Ship Breakers                    Proposed LT Bk     CRISIL B+      50      Reaffirmed
                                        Loan Fac
Bellad and Company                      CC                 CRISIL BB      108     -
(ISSUER NOT COOPERATING)
Bellad and Company                      Inventory Funding  CRISIL BB      70      -
                                        Fac
(ISSUER NOT COOPERATING)
Bellad and Company                      LT Loan            CRISIL BB      20      -
(ISSUER NOT COOPERATING)
Bertelsmann Marketing Services India    Overdraft*         -              400     Withdrawn
Pvt Ltd
*Completely interchangeable among short-term loan, letter of credit, and issuance of guarantees
Blossom Grocery & Foods India Pvt Ltd   Foreign Bill       CRISIL BB-     77.5    -
                                        Purchase
(ISSUER NOT COOPERATING; Rating Migrated)
Blossom Grocery & Foods India Pvt Ltd   Proposed LT Bk     CRISIL BB-     47.5    -
                                        Loan Fac
(ISSUER NOT COOPERATING; Rating Migrated)
Blue-Fin Frozen Foods Pvt Ltd           TL                 CRISIL BBB+    70      Reaffirmed
Busthan Al Wathaniya                    Export Packing     CRISIL D       20      -
                                        Credit
(Migrated from CRISIL D ISSUER NOT COOPERATING)
Busthan Al Wathaniya                    Foreign Bill       CRISIL D       30      -
                                        Negotiation
(Migrated from CRISIL D ISSUER NOT COOPERATING)
Busthan Al Wathaniya                    TL                 CRISIL D       50      -
(Migrated from CRISIL D ISSUER NOT COOPERATING)
Chenab Machinery & Engineering Pvt Ltd  CC                 CRISIL B       40      Assigned
Chenab Machinery & Engineering Pvt Ltd  LT Loan            CRISIL B       20      Assigned
Competent Synergies Pvt Ltd             BG                 -              2.5     Withdrawn
Competent Synergies Pvt Ltd             CC                 -              145     Withdrawn
Competent Synergies Pvt Ltd             Corporate Loan     -              71.6    Withdrawn
Competent Synergies Pvt Ltd             Proposed LT Bk     -              68.6    Withdrawn
                                        Loan Fac
Devrishi Foods Pvt Ltd                  CC                 CRISIL B+      30      -
(ISSUER NOT COOPERATING)
Disha Loharuka Infratech Pvt Ltd        Rupee TL           CRISIL BB-     200     -
(ISSUER NOT COOPERATING)
Elta Tools & Dies                       CC                 CRISIL BB      60      Reaffirmed
Elta Tools & Dies                       Proposed LT Bk     CRISIL BB      45      Reaffirmed
                                        Loan Fac
Elta Tools & Dies                       TL                 CRISIL BB      75      Reaffirmed
Eram Motors Pvt Ltd                     CC                 CRISIL B+      150     Reaffirmed
Eram Motors Pvt Ltd                     Inventory Funding  CRISIL B+      150     Reaffirmed
                                        Fac
Eram Motors Pvt Ltd                     LT Loan            CRISIL B+      170     Reaffirmed
Ganesh Fabrication Works                CC                 CRISIL B+      20      -
Assigned
Ganesh Fabrication Works                Proposed FB Bk     CRISIL B+      180     -
                                        Limits
Assigned
Ganganagar Vehicles Pvt Ltd             CC                 CRISIL B+      210     Upgraded from
                                                                                  CRISIL B
GMS Elegant Builders India Pvt Ltd      CC                 CRISIL BB      170     Reaffirmed
GMS Elegant Builders India Pvt Ltd      Standby Line of    CRISIL BB      20      Reaffirmed
                                        Credit
IRB Infrastructure Developers Ltd       LT Loan            CRISIL A+      18531.9 Assigned
IRB Infrastructure Developers Ltd       Proposed LT Bk     CRISIL A+      2468.1  Assigned
                                        Loan Fac
J.P.Rice Exports Pvt Ltd                Inventory Funding  CRISIL B       50      Reaffirmed
                                        Fac
J.P.Rice Exports Pvt Ltd                WC Fac             CRISIL B       100     Reaffirmed
Jai Jyoti Woollen Mills                 CC                 CRISIL B+      30      -
(ISSUER NOT COOPERATING)
Jai Jyoti Woollen Mills                 TL                 CRISIL B+      32.5    -
(ISSUER NOT COOPERATING)
Jain Steel Industries                   CC                 CRISIL BB-     100     Reaffirmed
(ISSUER NOT COOPERATING)
Jain Steel Industries                   Proposed FB Bk     CRISIL BB-     50      Reaffirmed
                                        Limits
(ISSUER NOT COOPERATING)
Jampana Padmavathi                      LT Loan            CRISIL B+      88      Assigned
Jampana Padmavathi                      Proposed WC Fac    CRISIL B+      12      Assigned
Jampana Usha Gandhi                     LT Loan            CRISIL B+      88      Assigned
Jampana Usha Gandhi                     Proposed WC Fac    CRISIL B+      12      Assigned
JSK Infracomplex Pvt Ltd                Proposed TL        CRISIL BB-     60      Assigned
JSK Infracomplex Pvt Ltd                Proposed FB Bk     CRISIL BB-     30      Assigned
                                        Limits
K. K. Fibers                            CC                 CRISIL BB-     100     -
(ISSUER NOT COOPERATING)
K. K. Fibers                            Proposed LT Bk     CRISIL BB-     13.1    -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Kotak Mahindra Life Insurance Co. Ltd   Financial Strength CRISIL AAA     -       Assigned
                                        Rating
Krishnapoultry Farm India Pvt Ltd       CC                 CRISIL BB-     120     Reaffirmed
Lakme Vitrified LLP                     CC                 CRISIL BB      150     Upgraded from
                                                                                  CRISIL B+
Lakme Vitrified LLP                     Standby Line of    CRISIL BB      15      Upgraded from
                                        Credit                                    CRISIL B+
Lakme Vitrified LLP                     TL                 CRISIL BB      170     Upgraded from
                                                                                  CRISIL B+
M/s. TNR Industries Pvt Ltd             CC                 CRISIL C       70      Reaffirmed
M/s. TNR Industries Pvt Ltd             Proposed LT Bk     CRISIL C       80      Reaffirmed
                                        Loan Fac
Mahesh Extrusions Ltd                   CC                 CRISIL B       59      Reaffirmed
(ISSUER NOT COOPERATING)
Mahesh Extrusions Ltd                   LT Loan            CRISIL B       10.7    Reaffirmed
(ISSUER NOT COOPERATING)
Mangal Textile Mills India Pvt Ltd      CC                 CRISIL BBB+    120     Upgraded from
                                                                                  CRISIL BBB
Mangal Textile Mills India Pvt Ltd      TL                 CRISIL BBB+    286     Upgraded from
                                                                                  CRISIL BBB
Moonhouse Projects Ltd                  Proposed LT Bk     CRISIL BB      85      Assigned
                                        Loan Fac
Moonhouse Projects Ltd                  CC                 CRISIL BB      35      Assigned
MRL Tyres Ltd                           CC                 CRISIL BBB     50      Upgraded from
                                                                                  CRISIL BBB-
MRL Tyres Ltd                           TL                 CRISIL BBB     100     Upgraded from
                                                                                  CRISIL BBB-
Pashupati Cotspin Ltd                   CC                 CRISIL BB+     500     Reaffirmed
Pashupati Cotspin Ltd                   LT Loan            CRISIL BB+     875     Reaffirmed
Pickwick Hygienic Products Pvt Ltd      CC                 -              12.5    Withdrawn
Pickwick Hygienic Products Pvt Ltd      Proposed LT Bk     -              5       Withdrawn
                                        Loan Fac
Pon Pure Chemical India Pvt Ltd         CC                 CRISIL BBB     1480    Downgraded
                                                                                  from CRISIL
                                                                                  BBB+
Prathista Industries Ltd                CC                 CRISIL BBB-    240     Upgraded from
                                                                                  CRISIL BB+
Prathista Industries Ltd                LT Loan            CRISIL BBB-    171     Upgraded from
                                                                                  CRISIL BB+
Prathista Industries Ltd                Proposed LT Bk     CRISIL BBB-    9       Upgraded from
                                        Loan Fac                                  CRISIL BB+
Premier Exports International           Proposed Standby   CRISIL BB+     20      Assigned
                                        Line of Credit
Premier Exports International           Export Packing     CRISIL BB+     100     Assigned
                                        Credit
Premier Exports International           Foreign Bill       CRISIL BB+     100     Assigned
                                        Discounting
Prime Comfort Products Pvt Ltd          Buyer`s Credit     -              96.5    Withdrawn
Prime Comfort Products Pvt Ltd          CC                 -              340     Withdrawn
Prime Comfort Products Pvt Ltd          Proposed LT Bk     -              31.5    Withdrawn
                                        Loan Fac
Prime Comfort Products Pvt Ltd          TL                 -              212     Withdrawn
PTS HITECH PROJECTS India Pvt Ltd       CC                 CRISIL B+      50      -
(ISSUER NOT COOPERATING)
Pure Chemicals Co                       CC                 CRISIL BBB-    125     Downgraded
                                                                                  from CRISIL
                                                                                  BBB
Pure Chemicals Co                       Proposed CC Limit  CRISIL BBB-    5       Downgraded
                                                                                  from CRISIL
                                                                                  BBB
Pure Chemicals Co                       TL                 CRISIL BBB-    125     Downgraded
                                                                                  from CRISIL
                                                                                  BBB
PVS Builders and Developers             LT Loan            CRISIL BB-     150     Assigned
Rachna Plasticizers                     Proposed LT Bk     -              4       Withdrawn
                                        Loan Fac
Rachna Plasticizers                     CC                 CRISIL BBB     100     Reaffirmed
Radhe Sham Ravi Prakash Timbers Pvt Ltd CC                 CRISIL BB+     10      Assigned
Rafbrix Pvt Ltd                         Proposed TL        CRISIL BB+     15      Assigned
Rafbrix Pvt Ltd                         Proposed CC Limit  CRISIL BB+     13      Assigned
Rafbrix Pvt Ltd                         CC                 CRISIL BB+     65      Assigned
Rafbrix Pvt Ltd                         LT Loan            CRISIL BB+     27      Assigned
Rama Krishna Rice Mill                  CC                 -              100     Withdrawn
Rama Krishna Rice Mill                  TL                 -              10      Withdrawn
Ramsons Industries Ltd                  Buyer`s Credit     CRISIL BB      25      Reaffirmed
(ISSUER NOT COOPERATING)
Ramsons Industries Ltd                  CC                 CRISIL BB      100     Reaffirmed
(ISSUER NOT COOPERATING)
Ramsons Industries Ltd                  TL                 CRISIL BB      30      Reaffirmed
(ISSUER NOT COOPERATING)
Samudra Shipyard Pvt Ltd                CC                 CRISIL B+      35      Reaffirmed
Samudra Shipyard Pvt Ltd                Proposed CC Limit  CRISIL B+      7.5     Reaffirmed
Sandvik Asia Pvt Ltd                    CC*                -              831     Withdrawn
*Fully interchangeable with short-term loan
Sandvik Asia Pvt Ltd                    Packing Credit#    -              1517    Withdrawn
#Buyers credit fully interchangeable with packing credit
Sandvik Asia Pvt Ltd                    LOC & BG@          -              790     Withdrawn
@Short-term limit and PCFC limit are interchangeable
Sandvik Asia Pvt Ltd                    CC*                CRISIL AA+     427     Reaffirmed
*Fully interchangeable with short-term loan
Sangam Steels - Ludhiana                CC                 CRISIL BB-     70      Assigned
Satya Surya Towers Pvt Ltd              Proposed LT Bk     CRISIL B       28.8    Assigned
                                        Loan Fac
Satya Surya Towers Pvt Ltd              CC                 CRISIL B       47.1    Assigned
Satya Surya Towers Pvt Ltd              LT Loan            CRISIL B       24.1    Assigned
Sharda Auto Industries Ltd              CC                 CRISIL B       40      Assigned
Sharda Auto Industries Ltd              LT Loan            CRISIL B       60      Assigned
Shree Dayal Milling Industries          LT Loan            CRISIL B-      1.5     Assigned
Shree Saibaba Jeevandhara Hospital      TL                 CRISIL D       88      -
India Pvt Ltd
(ISSUER NOT COOPERATING)
Signature Foam Pvt Ltd                  TL                 CRISIL B       24      Assigned
Signature Foam Pvt Ltd                  Proposed FB Bk     CRISIL B       7       Assigned
                                        Limits
Signature Foam Pvt Ltd                  Foreign Currency TLCRISIL B       29      Assigned
Snehal Enterprises                      CC                 CRISIL B+      340     -
(ISSUER NOT COOPERATING)
SRG Apparels Pvt Ltd                    CC                 CRISIL BBB     50      Downgraded
                                                                                  from CRISIL
                                                                                  BBB+
SRG Apparels Pvt Ltd                    LT Loan            CRISIL BBB     356.4   Downgraded
                                                                                  from CRISIL
                                                                                  BBB+
Sri Manmaya Textiles Pvt Ltd            Bill Discounting   CRISIL BB      35      -
(ISSUER NOT COOPERATING)
Sri Manmaya Textiles Pvt Ltd            CC                 CRISIL BB      19      -
(ISSUER NOT COOPERATING)
Sri Manmaya Textiles Pvt Ltd            Proposed LT Bk     CRISIL BB      17      -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Sri Navdurga Textile Processors Pvt Ltd Proposed LT Bk     CRISIL BB      66.1    Assigned
                                        Loan Fac
Sri Navdurga Textile Processors Pvt Ltd LT Loan            CRISIL BB      2.4     Assigned
Sri Navdurga Textile Processors Pvt Ltd CC                 CRISIL BB      40      Assigned
Sri Saravana Spinning Mills Pvt Ltd     CC%                CRISIL A-      350     Reaffirmed
% Includes sublimit of the following Rs.40 crore of working capital demand loan Rs. 5 crore of
bank guarantee Rs.20 crore of bill discounting Rs. 20 crore of letter of credit Rs.5 crore of
packing credit
Sri Saravana Spinning Mills Pvt Ltd     CC*                CRISIL A-      110     Reaffirmed
* Includes sublimit of the following Rs 2 crore of bank guarantee Rs 5 crore bill discounting Rs
5 crore letter of credit
Sri Saravana Spinning Mills Pvt Ltd     CC^                CRISIL A-      250     Reaffirmed
^ Includes the following sub limit Rs 25 crore of working capital demand loan Rs 2 crore bank
guarantee interchangeable with bill discounting or letter of credit or buyer credit Rs 2 crore
of letter of credit
Sri Saravana Spinning Mills Pvt Ltd     CC#                CRISIL A-      200     Reaffirmed
# Includes sub limit of the following Rs 20 crore working capital demand loan Rs 2 crore bank
guarantee Rs 6 crore bill discounting
Sri Saravana Spinning Mills Pvt Ltd     CC$                CRISIL A-      150     Reaffirmed
$ Includes sub limit of the following Rs 7 50 crore of working capital demand loan Rs 2 crore
bank guarantee Rs 2 crore buyers credit Rs 7 crore 
Sri Saravana Spinning Mills Pvt Ltd     LT Loan            CRISIL A-      882.8   Reaffirmed
Sri Saravana Spinning Mills Pvt Ltd     Proposed TL        CRISIL A-      607.2   Reaffirmed
T.R. Agro Industries                    CC                 CRISIL B+      105     -
(ISSUER NOT COOPERATING; Rating Migrated)
T.R. Agro Industries                    Mortgage Loan Fac  CRISIL B+      40      -
(ISSUER NOT COOPERATING; Rating Migrated)
T.R. Agro Industries                    Proposed WC Fac    CRISIL B+      53      -
(ISSUER NOT COOPERATING; Rating Migrated)
T.R. Agro Industries                    Rupee TL           CRISIL B+      42      -
(ISSUER NOT COOPERATING; Rating Migrated)
Teeam Score                             LT Loan            CRISIL B       10      Reaffirmed
The Hi-Tech Robotic Systemz Ltd         CC                 CRISIL BBB-    140     Reaffirmed
The Hi-Tech Robotic Systemz Ltd         LT Loan            CRISIL BBB-    30      Reaffirmed
Tulsi Paper Mills Pvt Ltd               CC                 CRISIL BBB     180     Reaffirmed
Tulsi Paper Mills Pvt Ltd               Proposed LT Bk     CRISIL BBB     0.5     Reaffirmed
                                        Loan Fac
Tulsi Paper Mills Pvt Ltd               TL                 CRISIL BBB     249.5   Reaffirmed
Ujin Pharmachem                         CC                 CRISIL BB-     90      -
(ISSUER NOT COOPERATING)
United Petro Finance Ltd                Proposed LT Bk     CRISIL A-      5000    Assigned
                                        Loan Fac
Universal Propack Solutions LLP         TL                 CRISIL B+      48.5    Assigned
Universal Propack Solutions LLP         CC                 CRISIL B+      36.5    Assigned
Universal Propack Solutions LLP         Proposed LT Bk     CRISIL B+      15      Assigned
                                        Loan Fac
Vikram Plasticizers (Prop. Vin          CC                 CRISIL BBB-    125     Reaffirmed
Plasticizers Pvt. Ltd.)
Vikram Plasticizers (Prop. Vin          TL                 CRISIL BBB-    15      Reaffirmed
Plasticizers Pvt. Ltd.)
Vinayak Corporation - Varanasi          CC                 CRISIL BB      70      Reaffirmed
Vistar Properties Pvt Ltd               TL                 CRISIL BBB-    660     Reaffirmed
Yes Motors                              Proposed WC Fac    CRISIL B+      15.5    Assigned
Yes Motors                              Proposed Overdraft CRISIL B+      15      Assigned
                                        Fac
Yes Motors                              Channel Financing  CRISIL B+      30      Assigned
Yes Motors                              Overdraft          CRISIL B+      9.5     Assigned
Zamin Natural Resources Pvt Ltd         CC                 CRISIL B+      35      Assigned
Zamin Natural Resources Pvt Ltd         TL                 CRISIL B+      110     Assigned

--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

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

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

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