December 19, 2016 / 5:22 AM / a year ago

India Ratings for Indian debt instruments - Dec 19

Dec 19 (Reuters) - Below are the ratings awarded by India Ratings and Research Private Ltd
(India Ratings), formerly known as Fitch Ratings India for local debt instruments as of
December 16, 2016.

COMPANY                         INSTRUMENT             RATING           AMOUNT   MOVEMENT
                                                                        (RS.MLN)
------                          ----------             ------           ------   ---------
SHORT TERM RATINGS:
-------------------
Materials Chemicals And         NFB WC Limit           IND A3           5700     Assigned
Performance Intermediaries Pvt
Ltd
Materials Chemicals And         NFB WC Limit           IND A3           1800     Assigned
Performance Intermediaries Pvt
Ltd
Maya Construction Company Pvt   Fund Based WC Limit    IND A4+          50       Assigned
Ltd
Maya Construction Company Pvt   NFB WC Limit           IND A4+          150      Assigned
Ltd
Prabhu Constructions            Fund Based WC Limit    IND A4+          20       Assigned
Prabhu Constructions            NFB WC Limit           IND A4+          35       Assigned
Prakash Woollen & Synthetic     Fund Based WC Limit    IND A3           180      Assigned
Mills Ltd
Prakash Woollen & Synthetic     NFB WC Limit           IND A3           10       Assigned
Mills Ltd
Rhl Profiles Ltd                Fund Based WC Limit    IND A3           160      Upgraded from
                                                                                 IND A4+
Rhl Profiles Ltd                NFB WC Limit           IND A3           80       Upgraded from
                                                                                 IND A4+
Saraf Trading Corporation Pvt   Fund Based WC Limit    IND A4           70       Assigned
Ltd
Saraf Trading Corporation Pvt   NFB WC Limit           IND A4           17.5     Assigned
Ltd
T.C. Terrytex Ltd               LT Issuer Rating       WD                        Withdrawn
T.C. Terrytex Ltd               Fund Based WC Limit    WD               875      Withdrawn
T.C. Terrytex Ltd               Fund Based WC Limit    WD               875      Withdrawn
T.C. Terrytex Ltd               NFB WC Limit           WD               195      Withdrawn
T.C. Terrytex Ltd               NFB WC Limit           WD               195      Withdrawn
T.C. Terrytex Ltd               TL                     WD               661.2    Withdrawn

LONG TERM RATINGS:
-------------------
Anand Mine Tools Pvt Ltd        LT Issuer Rating       IND BB                    Assigned
Anand Mine Tools Pvt Ltd        Fund Based WC Limit    IND BB           60       Assigned
Anand Mine Tools Pvt Ltd        TL                     IND BB           40.15    Assigned
Ardor Global Pvt Ltd            LT Issuer Rating       WD                        Withdrawn
Ardor Global Pvt Ltd            Fund Based WC Limit    WD               3450     Withdrawn
Ardor Global Pvt Ltd            Fund Based WC Limit    WD               3450     Withdrawn
Ardor Global Pvt Ltd            NFB WC Limit           WD               300      Withdrawn
Ardor Global Pvt Ltd            NFB WC Limit           WD               127.5    Withdrawn
Ardor International Pvt Ltd     LT Issuer Rating       WD                        Withdrawn
Ardor International Pvt Ltd     Fund Based WC Limit    WD               5600     Withdrawn
Ardor International Pvt Ltd     Fund Based WC Limit    WD               5600     Withdrawn
Ardor International Pvt Ltd     NFB WC Limit           WD               222.5    Withdrawn
Barah Moula Educational Society Bk Loan                WD               67.5     Withdrawn
Capital Electricals Ltd         LT Issuer Rating       WD                        Withdrawn
Capital Electricals Ltd         Fund Based WC Limit    WD               70       Withdrawn
Capital Electricals Ltd         Fund Based WC Limit    WD               70       Withdrawn
Capital Electricals Ltd         NFB WC Limit           WD               100      Withdrawn
Capital Electricals Ltd         NFB WC Limit           WD               100      Withdrawn
Capital Electricals Ltd         TL                     WD               30       Withdrawn
Capital Power Infrastructure LtdLT Issuer Rating       WD                        Withdrawn
Capital Power Infrastructure LtdFund Based WC Limit    WD               450      Withdrawn
Capital Power Infrastructure LtdFund Based WC Limit    WD               450      Withdrawn
Capital Power Infrastructure LtdNFB WC Limit           WD               944.8    Withdrawn
Capital Power Infrastructure LtdNFB WC Limit           WD               944.8    Withdrawn
Capital Power Systems Ltd       LT Issuer Rating       WD                        Withdrawn
Capital Power Systems Ltd       Fund Based WC Limit    WD               150      Withdrawn
Capital Power Systems Ltd       Fund Based WC Limit    WD               150      Withdrawn
Capital Power Systems Ltd       NFB WC Limit           WD               400      Withdrawn
Capital Power Systems Ltd       NFB WC Limit           WD               400      Withdrawn
Centurion School Of Rural       Bk Loan                WD               352.68   Withdrawn
Enterprise Management (Csrem)
Trust
Centurion School Of Rural       Fund Based WC Limit    WD               50       Withdrawn
Enterprise Management (Csrem)
Trust
Chem-Edge International Pvt Ltd LT Issuer Rating       WD                        Withdrawn
Chem-Edge International Pvt Ltd Fund Based WC Limit    WD               2470     Withdrawn
Chem-Edge International Pvt Ltd Fund Based WC Limit    WD               2470     Withdrawn
Chem-Edge International Pvt Ltd NFB WC Limit           WD               530      Withdrawn
Chem-Edge International Pvt Ltd NFB WC Limit           WD               163.4    Withdrawn
Edgetech Air Systems Pvt Ltd    LT Issuer Rating       WD                        Withdrawn
Edgetech Air Systems Pvt Ltd    Fund Based WC Limit    WD               180      Withdrawn
Edgetech Air Systems Pvt Ltd    Fund Based WC Limit    WD               180      Withdrawn
Edgetech Air Systems Pvt Ltd    NFB WC Limit           WD               60       Withdrawn
Edgetech Air Systems Pvt Ltd    TL                     WD               29.32    Withdrawn
Grotech Landscape Developers    LT Issuer Rating       WD                        Withdrawn
Pvt Ltd
Grotech Landscape Developers    Fund Based WC Limit    WD               15       Withdrawn
Pvt Ltd
Grotech Landscape Developers    Fund Based WC Limit    WD               15       Withdrawn
Pvt Ltd
Grotech Landscape Developers    NFB WC Limit           WD               70       Withdrawn
Pvt Ltd
Grotech Landscape Developers    NFB WC Limit           WD               70       Withdrawn
Pvt Ltd
Hyderabad Educational           Bk Loan                IND D            584.88   Affirmed
Institutions Pvt Ltd
Kamachi Industries Ltd          LT Issuer Rating       IND D                     Affirmed
Kamachi Industries Ltd          Fund Based WC Limit    IND D            2119.8   Affirmed
Kamachi Industries Ltd          Fund Based WC Limit    IND D            2119.8   Affirmed
Kamachi Industries Ltd          NFB WC Limit           IND D            4476.8   Affirmed
Kamachi Industries Ltd          TL                     IND D            7131.1   Affirmed
Materials Chemicals And         LT Issuer Rating       IND BBB-                  Assigned
Performance Intermediaries Pvt
Ltd
Materials Chemicals And         Fund Based WC Limit    IND BBB-         1350     Assigned
Performance Intermediaries Pvt
Ltd
Materials Chemicals And         Fund Based WC Limit    WD               USD125   Withdrawn
Performance Intermediaries Pvt
Ltd
Maya Construction Company Pvt   LT Issuer Rating       IND BB                    Assigned
Ltd
Maya Construction Company Pvt   Fund Based WC Limit    IND BB           50       Assigned
Ltd
Murlidhar Jewellers             LT Issuer Rating       WD                        Withdrawn
Murlidhar Jewellers             Fund Based WC Limit    WD               50       Withdrawn
Murlidhar Jewellers             Fund Based WC Limit    WD               50       Withdrawn
Nikki Steels Pvt Ltd            LT Issuer Rating       WD                        Withdrawn
Nikki Steels Pvt Ltd            Fund Based WC Limit    WD               100      Withdrawn
Nikki Steels Pvt Ltd            Fund Based WC Limit    WD               100      Withdrawn
Prabhu Constructions            LT Issuer Rating       IND BB                    Assigned
Prabhu Constructions            Fund Based WC Limit    IND BB           20       Assigned
Prakash Woollen & Synthetic     LT Issuer Rating       IND BBB-                  Assigned
Mills Ltd
Prakash Woollen & Synthetic     Fund Based WC Limit    IND BBB-         180      Assigned
Mills Ltd
Prakash Woollen & Synthetic     TL                     IND BBB-         125      Assigned
Mills Ltd
Ravindra Bharathi Educational   Bk Loan                IND BBB          1495.46  Affirmed
Society
Ravindra Bharathi Educational   Fund Based WC Limit    IND BBB          250      Affirmed
Society
Rhl Profiles Ltd                LT Issuer Rating       IND BBB-                  Upgraded from
                                                                                 IND BB+
Rhl Profiles Ltd                Fund Based WC Limit    IND BBB-         160      Upgraded from
                                                                                 IND BB+
Rhl Profiles Ltd                NFB WC Limit           IND BBB-         80       Upgraded from
                                                                                 IND BB+
Rhl Profiles Ltd                TL                     IND BBB-         7        Upgraded from
                                                                                 IND BB+
Saraf Trading Corporation Pvt   LT Issuer Rating       IND B                     Assigned
Ltd
Saraf Trading Corporation Pvt   Fund Based WC Limit    IND B            70       Assigned
Ltd
Sas Automotives Pvt Ltd         LT Issuer Rating       WD                        Withdrawn
Sas Automotives Pvt Ltd         Fund Based WC Limit    WD               100      Withdrawn
Sas Automotives Pvt Ltd         Fund Based WC Limit    WD               100      Withdrawn
Satluj Spintex Ltd              LT Issuer Rating       WD                        Withdrawn
Satluj Spintex Ltd              Fund Based WC Limit    WD               700      Withdrawn
Satluj Spintex Ltd              Fund Based WC Limit    WD               700      Withdrawn
Satluj Spintex Ltd              NFB WC Limit           WD               12.5     Withdrawn
Satluj Spintex Ltd              TL                     WD               1420     Withdrawn
Srinivasan Charitable &         Bk Loan                WD               2250     Withdrawn
Educational Trust
Srinivasan Health & Educational Bk Loan                WD               1051.6   Withdrawn
Trust
St. Mary'S Educational Society  Bk Loan                WD               370      Withdrawn
Trident Auto Components Pvt Ltd LT Issuer Rating       WD                        Withdrawn
Trident Auto Components Pvt Ltd Fund Based WC Limit    WD               150      Withdrawn
Trident Auto Components Pvt Ltd Fund Based WC Limit    WD               150      Withdrawn
Trident Auto Components Pvt Ltd NFB WC Limit           WD               12.5     Withdrawn
Trident Auto Components Pvt Ltd NFB WC Limit           WD               12.5     Withdrawn
Trident Auto Components Pvt Ltd TL                     WD               16.68    Withdrawn
Viney Corporation Pvt Ltd       LT Issuer Rating       WD                        Withdrawn
Viney Corporation Pvt Ltd       Fund Based WC Limit    WD               150      Withdrawn
Viney Corporation Pvt Ltd       Fund Based WC Limit    WD               150      Withdrawn
-----------------------------------------------------------------------------------------------
Note:- All Indian National-scale ratings previously assigned by Fitch have been transferred to
India Ratings & Research Private Ltd (India Ratings), which is a wholly owned subsidiary of the
Fitch Group. The withdrawn criteria are now available on India Ratings' website at
www.indiaratings.co.in

$: 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

INDIA RATINGS 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; RWN- Rating
Watch Negative;
RWN- Rating Watch Evolve.

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

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