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India Ratings for Indian debt instruments - Jan 4
January 4, 2017 / 5:01 AM / a year ago

India Ratings for Indian debt instruments - Jan 4

Jan 4 (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
January 3, 2017.

COMPANY                         INSTRUMENT                  RATING       AMOUNT   MOVEMENT
                                                                         (RS.MLN)
------                          ----------                  ------       ------   ---------
SHORT TERM RATINGS:
-------------------
Infres Methodex                 Bk loan                IND A2+          500      Affirmed
Thway Cable & Datacom           FB limits              IND A2+          250      Assigned
Uniphos International           Non-FB limits          IND A4+          170      Affirmed


LONG TERM RATINGS:
-------------------
Infres Methodex                 Bk loan                IND BBB+         500      Affirmed
Mormont Ifmr Capital 2016       PTC (PTCs)-Series A1   Provisional IND  212.52   Assigned
                                                       A-
Mormont Ifmr Capital 2016       PTCs-Series            Provisional IND  -        Assigned
                                                       B+
Rosa Power                      Proposed additional    -                10750    Affirmed
                                senior borrowing
Rosa Power                      Rupee TL               IND A+           25760    Affirmed
Rosa Power                      External commercial    IND A+           12170    Affirmed
                                borrowing
Rosa Power                      Additional rupee term  IND A+           7000     Affirmed
                                lo
Thway Cable & Datacom           TL                     IND A-           2500     Assigned
Thway Cable & Datacom           FB limits              IND A-           250      Assigned
Umadutt Industries              FB limits              IND C            76.19    Upgraded from D
Umadutt Industries              Term  loans            IND D            76.19    Affirmed
Uniphos International           FB limits              IND BB+          30       Affirmed


-----------------------------------------------------------------------------------------------
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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