September 30, 2019 / 11:10 AM / 20 days ago

RPT-ICRA ratings for Indian debt instruments-Sep 30

 (Repeating to add additional ratings)
    Sep 30 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating
Agency Ltd. (ICRA) for local debt instruments as of September 27, 2019.


COMPANY                                 INSTRUMENT            RATING      AMOUNT   MOVEMENT
                                                                          (RS.MLN)
------                                  ----------            ------      -----    ---------
SHORT TERM RATINGS:
-------------------
Avni Energy Solutions Pvt Ltd           ST _ Fund Based       ICRA D       5       -
Power Grid Corporation Of               ST non-FBL            -            -       -
India Ltd
Chandri Paper & Allied                  ST Non-Fund Based     ICRA D       212.5   -
Products Pvt Ltd
(Rating continues to remain under ‘Issuer Not Cooperating’ category)
Jampana Construction Pvt Ltd            ST- Non-Fund Based    ICRA A+      940     -
(Issuer Not Cooperating)
Alpine Poly Rub Pvt Ltd                 ST – Non-fund Based   ICRA A4+     40      downgraded
                                                                                   from ICRA A3
(continues to remain under ‘Issuer Not Cooperating’ category)
Anthony Garments Pvt Ltd                ST – Fund Based       ICRA A4      400     -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Anthony Garments Pvt Ltd                ST – Non Fund Based   ICRA A4      31      -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Automotive Axles Ltd                    Non-fund Based –      ICRA A1+;    130     Reaffirmed
                                        Working Capital Fac
Bafna Ginning And Pressing Pvt          ST Non FB             ICRA A4      30      -
Ltd
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Balaji Cellphone Pvt Ltd                Non Fund based BG     ICRA A4+     50      Withdrawn
(‘Issuer Not Cooperating’ )
Bhumi Cottex Industry Pvt Ltd           Non-fund based – BG   ICRA A4      4       -
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Can Fin Homes Ltd                       Bk Fac – ST           ICRA A1+     9000    Outstanding
Can Fin Homes Ltd                       CP                    ICRA A1+     45000   Outstanding
Cec Itd Cem Tpl Jv                      CEC ITD CEM TPL JV    ICRA A1(CE)  2000    -
                                                              &^
(placed under rating watch with developing implication.^The rating is principally based on a
corporate guarantee from ITD Cementation India Limited and TATA Projects
F&K Agro Pvt Ltd                        BG                    ICRA A4+     50      Reaffirmed
Fleur Hotels Pvt Ltd                    ST NonFund Based      ICRA A2+&    50      -
(placed on rating watch with developing implications)
God Granites                            ST – Fund Based       ICRA A4+     30      -
(Review Under Process)
God Granites                            ST – Fund Based/Non   ICRA A4+     70      -
                                        Fund Based
(Review Under Process)
Govind Cable Industries                 ST - NonFund Based    ICRA A4      70      -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Hikal Ltd                               ST-Fund Based         ICRA A1      2029    Reaffirmed
Hikal Ltd                               ST Non-fund Based     ICRA A1      700     Reaffirmed
Hooghly Shipbreakers Ltd                ST – Non-Fund Based   ICRA A4      700     -
(moved to the ‘Issuer Not Cooperating’ category)
Intertex Pvt Ltd                        LOC                   ICRA A4+     1150    Reaffirmed
Itd Cemindia Jv                         ST Non-FBL            ICRA A1(CE)  700     -
                                                              &^
(placed under rating watch with developing implication,^The rating is principally based on a
corporate guarantee from ITD Cementation India Limited and an undertakin
Itd-Itd Cem Joint Venture (Itd          Non-FBL               ICRA A1(CE)  3000    -
Jv)                                                           &^
(placed under rating watch with developing implication,^The rating is principally based on a
corporate guarantee from ITD Cementation India Limited and an undertakin
Mahindra Auto Steel Pvt Ltd             ST - Non Fund Based   ICRA A1+     25      Reaffirmed
Mahindra Intertrade Ltd                 ST, Non-FBL           ICRA A1+;    3750    Reaffirmed
Master Capital Services Ltd             ST Bk Lines (non-fund ICRA A2      1000    Reaffirmed
                                        based)
Megh And Ami Exports Pvt Ltd            Fund based sublimit   ICRA A4      -       -
Modern Industries                       ST Non-fund Based     ICRA A3;     805     Revised from
                                                                                   ICRA A3+
Multichem Specialities Pvt Ltd          ST Non-Fund Based     ICRA A4      190     -
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Multichem Specialities Pvt Ltd          ST Unallocated        ICRA A4      10      -
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Mundra Investments Pvt Ltd              Non-fund based – LOC  ICRA A4      -       -
(Rating moved to the ‘Issuer Not Cooperating’ category)
Mundra Investments Pvt Ltd              Non-fund based – BG   ICRA A4      5       -
(Rating moved to the ‘Issuer Not Cooperating’ category)
Nitasha Constructions                   ST – Non Fund Based CCICRA A4      50      -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Perfect Engineering Associates          ST Non-Fundbased LOC  ICRA A4      30      -
Pvt Ltd
(Rating moved to the ‘Issuer Not Cooperating’ category)
Power Grid Corporation Of               CP                    ICRA A1+     60000   outstanding
India Ltd
Power Grid Corporation Of               ST borrowing programmeICRA A1+     60000   outstanding
India Ltd
Prabhudas Lilladher Financial           ST fund based Bk Fac  ICRA A2      500     downgraded
Services Pvt Ltd                                                                   from ICRA A2+
Rama Overseas Ltd                       FBL                   ICRA A4      325     -
(Rating downgraded from ICRA A4+ and continues to remain under the ‘Issuer Not Cooperating’
category)
Rama Overseas Ltd                       Non FBL               ICRA A4      6       -
(Rating downgraded from ICRA A4+ and continues to remain under the ‘Issuer Not Cooperating’
category)
Rama Overseas Ltd                       Unallocated           ICRA A4      0.6     -
(Rating downgraded from ICRA A4+ and continues to remain under the ‘Issuer Not Cooperating’
category)
Sabari Krishna Enterprise               ST - Non Fund Based   ICRA A4      22.5    -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Shivalaya Construction Company          Non-FB Fac            ICRA A2      6000    Revised from
Pvt Ltd                                                                            ICRA A2+
Shivalaya Construction Company          CP                    ICRA A2      -       revised from
Pvt Ltd                                                                            ICRA A2+ and
                                                                                   Withdrawn
Sportking India Ltd                     ST non-FB Bk Fac      ICRA A3+     756.1   -
(Downgraded from ICRA A2)
Sunstar Precision Forge Ltd             Non-fund Based        ICRA A4+     5       -
(Rating downgraded from ICRA BBB (Stable) and continues to remain under ‘Issuer Not Cooperating’
category)
Synergy Ski Infradevelopment            Non-fund based – BG   ICRA A4+     30      Withdrawn
(Issuer Not Cooperating)
Tata Capital Financial                  ST Loans              ICRA A1+;    -       Reaffirmed
Services Ltd
Tata Capital Financial                  CP                    ICRA A1+;    150000  Reaffirmed
Services Ltd
Tata Capital Ltd                        CP Programme          ICRA A1+     20000   Reaffirmed
Tata Cleantech Capital Ltd              CP Programme          ICRA A1+     20000   Reaffirmed
Tata Petrodyne Ltd                      ST Non- FBL           ICRA A1+&    650     -
(placed under rating watch with developing implications)
Wallmark Ceramic Industry               Non-fund Based – BG   ICRA A4      11      -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Abc Transformers Pvt Ltd                Non fund based – BG   ICRA A4      25
Continues to remain under ‘Issuer Not Cooperating’ category
Agrawal Distilleries Pvt Ltd            ST – Non-Fund Based   ICRA A4      20      Withdrawn
Apcotex Industries Ltd                  ST Non-FBL            ICRA A1+     280     Reaffirmed
Bhartiya Micro Credit                   MFI Grading           M5           -
Revised from M2
H R Builders                            Non-FBL - BG          ICRA A4      238.1
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Munjal Auto Industries Ltd              ST Fund based         ICRA A1+     150     Reaffirmed
Munjal Auto Industries Ltd              ST Non-fund based     ICRA A1+     166.4   Reaffirmed
Munjal Auto Industries Ltd              CP                    ICRA A1+     150     Reaffirmed
Saregama India Ltd                      CP1                   ICRA A1+     400     Reaffirmed
Smt. Nandamuri Basava Taraka            Non-fund Based –      ICRA A2+     10      Reaffirmed
Ramarao Memorial Cancer                 Working Capital Fac
Foundation
Time Technoplast Ltd                    CP Programme          ICRA A1+     2000    Reaffirmed
Transport Corporation Of India          CP                    ICRA A1+     2000    Reaffirmed
Ltd
Uti Asset Management Co. Ltd            UTI Money Market Fund ICRA A1+mfs  -       outstanding
Uti Asset Management Co. Ltd            UTI Liquid Cash Plan  ICRA A1+mfs  -       outstanding
Uti Asset Management Co. Ltd            UTI Overnight Fund    ICRA A1+mfs  -       outstanding
MEDIUM TERM RATINGS:
-------------------
Can Fin Homes Ltd                       Fixed Deposits        MAAA &       -       -
(&Placed on Rating Watch with Developing Implications; Rated amount enhanced)
 
 
LONG TERM RATINGS:
-------------------
Ajnara Infrastructure Pvt Ltd           Fund based-TL         ICRA BB      91      -
                                                              (Stable)
(Rating moved to the ‘Issuer Not Cooperating’ category)
Alpine Poly Rub Pvt Ltd                 LT - Unallocated      ICRA         20      Downgraded
                                                              BB+(Stable)          from ICRA
                                                                                   BBB- (Stable)
(continues to remain under ‘Issuer Not Cooperating’ category)
Alpine Poly Rub Pvt Ltd                 LT - Fund Based/ CC   ICRA         40      Downgraded
                                                              BB+(Stable)          from ICRA
                                                                                   BBB- (Stable)
(continues to remain under ‘Issuer Not Cooperating’ category)
Anant Promoters And Fincon Pvt          ST - Non Fund Based   ICRA D       70      -
Ltd
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Anthony Garments Pvt Ltd                LT - Fund based/TL    ICRA         41.5    -
                                                              BB-(Stable);
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Anthony Garments Pvt Ltd                LT – Unallocated      ICRA         30.3    -
                                                              BB-(Stable);
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Ashoka Distillers & Chemicals           LT – Fund Based/ CC   ICRA BB+     80      downgraded
Pvt Ltd                                                       (Stable)             from ICRA
                                                                                   BBB-
(Negative)
(continues to remain under ‘Issuer Not Cooperating’ category)
Ashoka Distillers & Chemicals           LT - Fund based/ TL   ICRA BB+     123.5   downgraded
Pvt Ltd                                                       (Stable)             from ICRA
                                                                                   BBB-
(Negative)
(continues to remain under ‘Issuer Not Cooperating’ category)
Ashoka Distillers & Chemicals           LT/ ShortTerm        ICRA BB+     106.5   downgraded
Pvt Ltd                                 –Unallocated         (Stable) /           from ICRA
                                                             ICRA A4+             BBB- 
                                                                                  (Negative)/
                                                                                  ICRA A3
(continues to remain under ‘Issuer Not Cooperating’ category)
Asian Institute Of Oncology             Bk Fac                ICRA BB-     132.5   -
Pvt. Ltd.                                                     (Stable) /
                                                              ICRA A4
(Reason for delay in carrying out periodic review: - Review process is underway)
Asopalav Developers                     Fund based-TL         ICRA B+      200     -
                                                              (Stable)
(Rating moved to the ‘Issuer Not Cooperating’ category)
Automotive Axles Ltd                    Unallocated Limits    -            -       -
Automotive Axles Ltd                    Fund Based – TL       ICRA A+      1500    Reaffirmed
                                                              (Stable);
Automotive Axles Ltd                    Fund Based – Working  ICRA A+      850     Reaffirmed
                                        Capital Fac           (Stable);
Automotive Axles Ltd                    Unallocated Limits    ICRA A+      270     Reaffirmed
                                                              (Stable);
Avni Energy Solutions Pvt Ltd           LT _ CC               ICRA D       70      -
(Continues to remain in the ‘Issuer Not Cooperating’ category)
 (Continues to remain in the ‘Issuer Not Cooperating’ category)
Avni Energy Solutions Pvt Ltd           LT – Unallocated      ICRA D       17.5    -
(Continues to remain in the ‘Issuer Not Cooperating’ category)
Avni Energy Solutions Pvt Ltd           ST – Non-Fund based   ICRA D       10      -
(Continues to remain in the ‘Issuer Not Cooperating’ category)
Bafna Ginning And Pressing Pvt          LT fund Based CC      ICRA         200     -
Ltd                                                           B+(Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Balaji Cellphone Pvt Ltd                FB -CC                ICRA BB+     170     Withdrawn
                                                              (Stable)
(‘Issuer Not Cooperating’ )
Barbrik Project Ltd                     FB-TL                 ICRA A-      5       -
                                                              (Stable)
(Review process is underway)
Barbrik Project Ltd                     FB- Working Capital   ICRA A-      445     -
                                        Fac                   (Stable)
(Review process is underway)
Barbrik Project Ltd                     Non-fund based        ICRA A-      2210    -
                                        Working Capital Fac   (Stable)
(Review process is underway)
Barbrik Project Ltd                     LT- Unallocated limitsICRA A-      840     -
                                                              (Stable)
(Review process is underway)
Bhumi Cottex Industry Pvt Ltd           Fund based – CC       ICRA B+      170     -
                                                              (Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Bhumi Cottex Industry Pvt Ltd           Fund based – TL       ICRA B+      50      -
                                                              (Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Bhumi Cottex Industry Pvt Ltd           Unallocated amount    ICRA B+      56      -
                                                              (Stable) /
                                                              ICRA A4
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Cae Simulation Training Pvt Ltd         TL                    ICRA A       1037    Reaffirmed
                                                              (Stable)
Cae Simulation Training Pvt Ltd         LT-unallocated -      ICRA A       228.7   Reaffirmed
                                                              (Stable)
Can Fin Homes Ltd                       Bk Fac – LT           ICRA AA+ &   141000  -
(&Placed on Rating Watch with Developing Implications; Rated amount enhanced)
Can Fin Homes Ltd                       NCD (NCD) Programme   ICRA AA+ &   71000   -
(&Placed on Rating Watch with Developing Implications; Rated amount enhanced)
Can Fin Homes Ltd                       Bk Fac – ST           ICRA AA+ &   3000    -
(&Placed on Rating Watch with Developing Implications; Rated amount enhanced)
Canary Hotels Pvt Ltd                   LT Fundbased – TL     ICRA A-      220     -
                                                              (SO)&
(placed on rating watch with developing implications)
Cec Itd Cem Tpl Jv                      LT (LT) / ST Non-FBL  ICRA A(CE)   4500    -
                                                              &^/ ICRA
                                                              A1(CE) &^
(placed under rating watch with developing implication. 
.^The rating is principally based on a corporate guarantee from ITD Cementation
 India Limited and TATA Projects Limited in the ratio of 60:40 respectively and
 an undertaking provided by the guarantors that it would ensure that the related
 debt obligations are serviced on or prior to the due date. 
Celsia Hotels Pvt Ltd                   LT Fundbased – TL     ICRA A-      514     -
                                                              (SO)&
(placed on rating watch with developing implications)
Chandri Paper & Allied                  LT Fundbased          ICRA D       125     -
Products Pvt Ltd
(Rating continues to remain under ‘Issuer Not Cooperating’ category)
Citizen Cars                            LT - Fund Based/ CC   ICRA D       70      -
(Continues to remain in the ‘Issuer Not Cooperating’ category)
Citizen Cars                            LT - Unallocated      ICRA D       30      -
(Continues to remain in the ‘Issuer Not Cooperating’ category)
Dian Energy B.V.                        TL                    ICRA A+(SO)& 200     -
(placed under rating watch with developing implications)
Dolly Exim Pvt Ltd                      BLR                   ICRA B       180     -
                                                              (Stable)
(Issuer not cooperating)
Dsg Corp Pvt Ltd                        LT NonFund Based      ICRA         101     -
                                                              B-(Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Ds-Max                                  LT – TL               ICRA BB+     -       -
                                                              (Stable)
(Review process is underway)
Encarta Pharma Pvt Ltd                  LT - Fund Based/ CC   ICRA D       250     -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
F&K Agro Pvt Ltd                        FB-TL                 ICRA BB+     7.2     Reaffirmed
                                                              (Stable)
F&K Agro Pvt Ltd                        FB- Working Capital   ICRA BB+     300     Reaffirmed
                                        Fac                   (Stable)
Field Motor Pvt Ltd                     Fund based-TL         ICRA         10.9    -
                                                              B+(Stable)
(Rating downgraded from ICRA BB+(Stable) and Continues to remain under ‘Issuer NotCooperating’
category)
Field Motor Pvt Ltd                     Fund based-CC (e-DFS) ICRA         165     -
                                                              B+(Stable)
(Rating downgraded from ICRA BB+(Stable) and Continues to remain under ‘Issuer NotCooperating’
category.)
Field Motor Pvt Ltd                     Fund based-Ad-hoc     ICRA         40      -
                                        Cash Credit (e-DFS)   B+(Stable)
(Rating downgraded from ICRA BB+(Stable) and Continues to remain under ‘Issuer NotCooperating’
category.)
Field Motor Pvt Ltd                     Fund based-CC (Spares ICRA         10      -
                                        & Lubes)              B+(Stable)
(Rating downgraded from ICRA BB+(Stable) and Continues to remain under ‘Issuer NotCooperating’
category)
Fleur Hotels Pvt Ltd                    LT Fundbased – TL     ICRA A-&     4300    -
(placed on rating watch with developing implications)
Fleur Hotels Pvt Ltd                    LT NonFund Based      ICRA A-&     100     -
(placed on rating watch with developing implications)
God Granites                            LT - Fund Based – CC  ICRA         15      -
                                                              BB+(Stable)
(Review Under Process)
Goverdhan Transport Company             LT - Fund Based TL    ICRA         670     -
Pvt Ltd                                                       BB+(Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Govind Cable Industries                 LT - Fund Based/ CC   ICRA B       60      -
                                                              (Stable);
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Goyal Motocorp Pvt Ltd                  FB CC                 ICRA B       40      -
                                                              (stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Goyal Motocorp Pvt Ltd                  FB-TL                 ICRA B       25      -
                                                              (stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
H.M. Industrial Pvt Ltd                 NCDs (NCD)            ICRA D       60      -
(Rating continues to remain under ‘Issuer Not Cooperating’ category)
H.M. Industrial Pvt Ltd                 Proposed NCDs (NCD)   ICRA D       90      -
(Rating continues to remain under ‘Issuer Not Cooperating’ category)
Haranai Sahakari Soot Girni             FB- Working Capital   ICRA BB-     35.5    -
Ltd.                                    Fac                   (stable)
(Issuer Not Cooperating)
Haranai Sahakari Soot Girni             FB- TL (Proposed)     ICRA BB-     76.7    -
Ltd.                                                          (stable)
(Issuer Not Cooperating)
Haryana Seeds Development               Bk Loan ratings       ICRA BB+     750     -
Corporation Ltd                                               (Stable)
(Review process is underway)
Hikal Ltd                               FB-TL                 ICRA A       2340    Reaffirmed
                                                              (Stable);
Hikal Ltd                               FB- Working Capital   ICRA A       2240    Reaffirmed
                                        Fac                   (Stable);
Hikal Ltd                               LT: TL (USD million)  ICRA A       153.6   Reaffirmed
                                                              (Stable);
Hinduja Leyland Finance Ltd             Subordinated debt     ICRA         2050    -
                                                              AA-(Stable)
(Review process is underway)
Hooghly Shipbreakers Ltd                LT - Interchangeable  ICRA B+      0       -
                                                              (Stable)
(Downgraded from ICRA BB- (Stable) and moved to the ‘Issuer Not Cooperating’ category)
House Of Anita Dongre Ltd               LT/ST unallocated     ICRA A       40      Downgraded
                                                              (Negative)           from ICRA
                                                              / ICRA A1           
A+(Stable)/ICRA A1+
House Of Anita Dongre Ltd               LT/ST fundbased limitsICRA A       100     Downgraded
                                                              (Negative)           from ICRA
                                                              / ICRA A1           
A+(Stable)/ICRA A1+
House Of Anita Dongre Ltd               LT FB limits          ICRA         60      Downgraded
                                                              A(Negative)          from ICRA
                                                                                   A+(Stable)
Hyacinth Hotels Pvt Ltd                 LT Fundbased – TL     ICRA A-      1409    -
                                                              (SO) &
(placed on rating watch with developing implications)
Indian School Finance Company           NCD Programme         ICRA BBB-&   1305.5  Reaffirmed
Pvt Ltd
(& Under Rating Watch with Developing Implications)
Indian School Finance Company           Bk Lines              ICRA BBB-&   400     Reaffirmed
Pvt Ltd
(& Under Rating Watch with Developing Implications)
Indian School Finance Company           Issuer Rating         ICRA BBB-&   -       Reaffirmed
Pvt Ltd
(& Under Rating Watch with Developing Implications)
Inovoa Hotels And Resorts Ltd           LT Fundbased – TL     ICRA A-      348.6   -
                                                              (SO)&
(placed on rating watch with developing implications)
Intertex Pvt Ltd                        CC                    ICRA BB      100     Reaffirmed
                                                              (Stable)
Itd Cemindia Jv                         LT (LT) Fund          ICRA A(CE)   4850    -
                                        Based-Overdraft       &^
(placed under rating watch with developing implication,^The rating is principally based on a
corporate guarantee from ITD Cementation India Limited and an undertakin
Itd Cemindia Jv                         LT (LT) Fund          ICRA BBB+    1250    -
                                        Based-Working Capital (Stable);
                                        Demand Loan (WCDL)
(placed under rating watch with developing implication)
Itd-Itd Cem Joint Venture (Itd          Fund Based-TL         ICRA A(CE)   480     -
Jv)                                                           &^
(placed under rating watch with developing implication, ^The rating is principally based
 on a corporate guarantee from ITD Cementation India Limited and an undertaking provided
 by the guarantor that it would ensure that the related debt obligations are serviced 
 on or prior to the due date. The rated instrument does not involve a structured
 payment mechanism.
Itd-Itd Cem Joint Venture (Itd          Fund Based-Working    ICRA BBB+ &  300     Downgraded
Jv)                                     Capital                                    from ICRA
                                                                                   A(SO)
(Stable)
(placed under rating watch with developing implication)
Itd-Itd Cem Joint Venture (Itd          Non-FBL               ICRA BBB+ &  50      Downgraded
Jv)                                                                                from ICRA
                                                                                   A1(SO)
(placed under rating watch with developing implication)
Jampana Construction Pvt Ltd            LT- TL                ICRA BB+     70      -
                                                              (Stable)
(Issuer Not Cooperating)
Jampana Construction Pvt Ltd            LT- Fund Based- CC    ICRA BB+     140     -
                                                              (Stable)
(Issuer Not Cooperating)
Jampana Construction Pvt Ltd            LT/ST-                ICRA BB+     15      -
                                                              (Stable)/A4+
(Issuer Not Cooperating)
Khandesh Roller Flour Mills             LT - Fund Based TL    ICRA         2.4     Downgraded
Pvt Ltd                                                       B+(Stable)           from ICRA
                                                                                   BB+(Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Khandesh Roller Flour Mills             LT - Fund Based/ CC   ICRA         160     Downgraded
Pvt Ltd                                                       B+(Stable)           from ICRA
                                                                                   BB+(Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Khandesh Roller Flour Mills             LT – Unallocated      ICRA         7.6     Downgraded
Pvt Ltd                                                       B+(Stable)           from ICRA
                                                                                   BB+(Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Klm Infra                               LT, fund based: TL    ICRA B+      292.8   -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Klm Infra                               LT: Unallocated       ICRA B+      37.2    -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Kshitij Kumar Choudhary                 LT - NonFund Based    ICRA B+      100     -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Kvr Projects Pvt Ltd                    Bk loan Ratings       ICRA BB      410     -
                                                              (Negative)
                                                              /ICRA A4
(Reason for delay in carrying out periodic review: - Issuer delayed in giving information)
Lakshminarasimha Warehousing            LT - Fund Based TL    ICRA         51.5    -
                                                              B(Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Lakshminarasimha Warehousing            LT - Unallocated      ICRA         8.5     -
                                                              B(Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Lemon Tree Hotels Ltd                   LT Fundbased – TL     ICRA A-&     993.7   -
(placed on rating watch with developing implications)
Lemon Tree Hotels Ltd                   LT/ ST – Fund Based   ICRA A-&/    300     -
                                        Working Capital       ICRA A2+&
(placed on rating watch with developing implications)
Lemon Tree Hotels Ltd                   ST/ Shortterm –       ICRA A-&/    1334.8  -
                                        Unallocated           ICRA A2+&
(placed on rating watch with developing implications)
M.D. Frozen Food Exports                LT Fund based/CC      ICRA D       545     -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
M.D. Frozen Food Exports                LT Fund based/TL      ICRA D       76.3    -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
M.D. Frozen Food Exports                LT Non- Fund based/BG ICRA D       5       -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
M.D. Frozen Food Exports                LT Unallocated        ICRA D       23.7    -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
M.D. Frozen Food Exports Pvt            LT Fund based/CC      ICRA D       280     -
Ltd
(Continues to remain under the ‘Issuer Not Cooperating’ category)
M.D. Frozen Food Exports Pvt            LT Non- Fund based/BG ICRA D       2.5     -
Ltd
(Continues to remain under the ‘Issuer Not Cooperating’ category)
M.D. Frozen Food Exports Pvt            LT Unallocated        ICRA D       267.5   -
Ltd
(Continues to remain under the ‘Issuer Not Cooperating’ category)
M/S. M. S. Engineering                  Fund based-CC         ICRA B+      65      -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Machilipatnam Urban                     Rating Without        ICRA B+      0       -
Development Authority                   Explicit Credit
                                        Enhancement
Machilipatnam Urban                     Unallocated           Provisional  13850   -
Development Authority                                         ICRA A-
                                                              (CE) (Negative)
(revised from Provisional ICRA A (SO) (Stable))
Mahindra Auto Steel Pvt Ltd             LT - Fund Based CC    ICRA A+      150     Reaffirmed
                                                              (Stable)
Mahindra Auto Steel Pvt Ltd             LT - Fund Based TL    ICRA A+      450     Reaffirmed
                                                              (Stable)
Mahindra Auto Steel Pvt Ltd             LT - Non Fund Based   ICRA A+      600     Reaffirmed
                                                              (Stable)
Mahindra Auto Steel Pvt Ltd             LT – Interchangeable  ICRA A+      -       Reaffirmed
                                                              (Stable)
Mahindra Intertrade Ltd                 LT, FB Limits         ICRA AA+     400     Reaffirmed
                                                              (Stable);
Megh And Ami Exports Pvt Ltd            Fund based – CC       ICRA B+      75#     -
                                                              (Stable)
(# includes Rs. 3.50 crore Packing Credit/Pre-shipment credit in foreign currency/ sub-limit of
Cash credit)
Miraj Metals                            Fund Based – CC       ICRA D       20      -
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Miraj Metals                            Non-fund Based – LOC  ICRA D       130     -
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Modern Industries                       LT FB – CC            ICRA         550     Revised from
                                                              BBB-(Stable)         ICRA BBB
                                                                                   (Stable)
Modern Industries                       LT – Unallocated      ICRA         545     Revised from
                                                              BBB-(Stable)         ICRA BBB
                                                                                   (Stable)
Mtar Technologies Pvt. Ltd.             Non-Fund Based        ICRA BBB-    900     Assigned
                                                              (Stable) /
                                                              ICRA A3
Mtar Technologies Pvt. Ltd.             Fund based/ CC        ICRA         580     Assigned
                                                              BBB-(Stable)
Mukta Industries Pvt Ltd                FB Bill Discounting   -            -       -
                                        Limits
Mukta Industries Pvt Ltd                FB – CC               ICRA D       250     Downgraded
                                                                                   from ICRA
                                                                                   BB- (Stable)
Mukta Industries Pvt Ltd                Non-fund Based – LOC  ICRA D       50      Downgraded
                                                                                   from ICRA A4
Mukta Industries Pvt Ltd                Unallocated Limits    ICRA D /     50      Downgraded
                                                              ICRA D               from ICRA
                                                                                   BB-(Stable)/
                                                                                   ICRA A4
Multichem Specialities Pvt Ltd          LT Interchangeable    ICRA                 -
                                                              B+(Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Mundra Investments Pvt Ltd              Fund based – TL       ICRA         100     -
                                                              B+(Stable)
(Rating moved to the ‘Issuer Not Cooperating’ category)
Mundra Investments Pvt Ltd              Fund Based – CC       ICRA         55      -
                                                              B+(Stable)
(Rating moved to the ‘Issuer Not Cooperating’ category)
N.K Trading Co                          LT - Fund Based CC    ICRA B+      220     -
                                                              (Stable)
(Continues to remain in the ‘Issuer Not Cooperating’ category)
N.K Trading Co                          LT / ST - Unallocated ICRA         15      -
                                                              B+(Stable)
                                                              / ICRA A4
(Continues to remain in the ‘Issuer Not Cooperating’ category)
Namasthetu Infratech Pvt Ltd            Fund based-CC         ICRA B       44.3    -
                                                              (Stable)
(Rating moved to the ‘Issuer Not Cooperating’ category)
Namasthetu Infratech Pvt Ltd            Fund based-           ICRA B       10      -
                                        Unallocated Limit     (Stable)
(Rating moved to the ‘Issuer Not Cooperating’ category)
National (India) Contractors &          LT FB CC              ICRA D       60      Reaffirmed
Engineers
National (India) Contractors &          LT/ST Non-FB          ICRA D/ICRA  185     Reaffirmed
Engineers                                                     D
New Citizen Cars                        LT - Fund Based/ CC   ICRA D       50      -
(Continues to remain in the ‘Issuer Not Cooperating’ category)
New Citizen Cars                        LT - Unallocated      ICRA D       50      -
(Continues to remain in the ‘Issuer Not Cooperating’ category)
Nhpc Ltd                                LT / ST, Fundbased FacICRA BBB /   1999.5  Reaffirmed
                                                              ICRA A3+
(outlook revised to Negative from Stable)
Nitasha Constructions                   LT - Fund Based CC    ICRA         80      -
                                                              B(Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Oriole Dr. Fresh Hotels Pvt Ltd         LT Fundbased – TL     ICRA A-      248.3   -
                                        Hotels Private Limited(SO)&
(placed on rating watch with developing implications)
Parsons Nutritionals Pvt Ltd            TL                    ICRA BBB     950     -
                                                              (Stable)
(Issuer delayed in providing information)
Parsons Nutritionals Pvt Ltd            Working Capital       ICRA BBB     250     -
                                                              (Stable)
(Issuer delayed in providing information)
Perfect Engineering Associates          LT FB Overdraft       ICRA         70      -
Pvt Ltd                                                       B-(Stable)
(Rating moved to the ‘Issuer Not Cooperating’ category)
Perfect Engineering Associates          LT Non-fundbased BG   ICRA         100     -
Pvt Ltd                                                       B-(Stable)
(Rating moved to the ‘Issuer Not Cooperating’ category)
Piccadily Holiday Resorts Ltd           LT FB Term-Loan       ICRA         280     Downgraded
                                                              BB+(Stable)          from ICRA
                                                                                   BBB (Stable)
(continues to remain under ‘Issuer Not Cooperating’ category)
Power Grid Corporation Of               Working capital loan  -            -       -
India Ltd
Power Grid Corporation Of               LT bonds programme    ICRA AAA     1164229.outstanding
India Ltd                                                     (stable)
Power Grid Corporation Of               LT loans              ICRA AAA     453562.2outstanding
India Ltd                                                     (stable)
Power Grid Corporation Of               LT/ST Fund            ICRA AAA     57000   Assigned
India Ltd                               based/Non-FBL         (stable)/A1+
Prakash Steel Corporation               FB - TL               ICRA D       -       -
Prakash Steel Corporation               FB - CC               ICRA D       150     Downgraded
                                                                                   from ICRA
                                                                                   BB- (Stable)
Prakash Steel Corporation               Non-fund Based – LOC^ ICRA D       -       Downgraded
                                                                                   from ICRA A4
(^Sublimit of cash credit facility)
Prakash Steel Corporation               Unallocated Limits    ICRA D /     10      Downgraded
                                                              ICRA D               from ICRA
                                                                                   BB-
(Stable)/ICRA A4
Prathima Institute Of Medical           Bk loan Ratings       ICRA BBB     650     -
Sciences                                                      (Stable) /
                                                              ICRA A3+
(Review process is underway)
Rajalaxmi Education Trust               LT - Fund Based TL    ICRA]BB-     210     -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Rajnish Steels                          BLR                   ICRA B+      110     -
                                                              (Stable) /
                                                              ICRA A4
(Reason for delay in carrying out periodic review: Issuer not cooperating)
Rayani Spintex Pvt Ltd                  LT - Fund Based CC    ICRA B       50      -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Rayani Spintex Pvt Ltd                  LT - Fund Based TL    ICRA B       144     -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Rayani Spintex Pvt Ltd                  LT – Non fund based   ICRA B       6       -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Rayani Spintex Pvt Ltd                  LT - Unallocated      ICRA B       160     -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sabari Krishna Enterprise               LT Fund based/CC      ICRA B       40      -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sabari Krishna Enterprise               LT - Unallocated      ICRA B       140     -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Saileela Processors Pvt Ltd             LT - Fund Based/ CC   ICRA BB-     150     -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Saileela Processors Pvt Ltd             LT - Fund Based TL    ICRA BB-     110     -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Saraswati Education Society             LT - FB               ICRA D       87.5    -
Kharghar
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Saraswati Education Society             LT - TL               ICRA D       412.5   -
Kharghar
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Shivalaya Construction Company          FB - CC               ICRA BBB+    600     Revised from
Pvt Ltd                                                       (Stable)             ICRA
                                                                                   A-(Negative)
Shreepati Castle                        LT - Fund Based TL    ICRA D       500     -
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Sportking India Ltd                     LT FB Bk Fac          ICRA         4944.8  -
                                                              BBB(Stable)
(Downgraded from ICRA BBB+ (Stable))
Sportking India Ltd                     Unallocated Bk Fac    ICRA         299.1   -
                                                              BBB(Stable)
(Downgraded from ICRA BBB+ (Stable))
Sri Lakshmi Satyanarayana Raw           LT - Fund Based -CC   ICRA D       250     Revised from
& Boiled Rice Mill                                                                 ICRA
                                                                                   BB-(Stable)
Sri Lakshmi Satyanarayana Raw           LT- Unallocated       ICRA D       50      Revised from
& Boiled Rice Mill                                                                 ICRA
                                                                                   BB-(Stable)
Sri Ram Spinning Mills Ltd              LT - Fund Based/ CC   ICRA D       90      -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sri Ram Spinning Mills Ltd              LT - Fund Based/ CC   ICRA D       90      -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sri Ram Spinning Mills Ltd              LT - Fund Based TL    ICRA D       62.1    -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sri Ram Spinning Mills Ltd              ST - Non Fund Based   ICRA D       2.7     -
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sri Ram Spinning Mills Ltd              LT / ST - Unallocated ICRA D /     132.3   -
                                                              ICRA D
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sri Satya Bhaskara Poultry Farm         FBL- CC               ICRA         70      Assigned
                                                              B+(Stable)
Sri Satya Bhaskara Poultry Farm         Unallocated limits    ICRA         30      Assigned
                                                              B+(Stable)
Sri Venkateswara Rice Mill              LT - Fund Based/ CC   ICRA B+      82.5    -
                                                              (Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Sri Venkateswara Rice Mill              LT - Fund Based TL    ICRA B+      0.8     -
                                                              (Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Sri Venkateswara Rice Mill              LT - Unallocated      ICRA B+      6.7     -
                                                              (Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Sri Venkateswara Warehousing            LT - Fund Based TL    ICRA         77.3    -
                                                              B(Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sri Venkateswara Warehousing            LT - Unallocated      ICRA         2.7     -
                                                              B(Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Sukhsagar Complexes Pvt Ltd             LT Fundbased – TL     ICRA A-      387     -
                                                              (SO)&
(placed on rating watch with developing implications)
Sunstar Precision Forge Ltd             FB – CC               ICRA BB+     380     -
                                                              (Stable)
(Rating downgraded from ICRA BBB (Stable) and continues to remain under ‘Issuer Not Cooperating’
category)
Sunstar Precision Forge Ltd             FB – TL               ICRA BB+     65      -
                                                              (Stable)
(Rating downgraded from ICRA BBB (Stable) and continues to remain under ‘Issuer Not Cooperating’
category)
Sunstar Precision Forge Ltd             Unallocated Limits    ICRA BB+     50      -
                                                              (Stable)
(Rating downgraded from ICRA BBB (Stable) and continues to remain under ‘Issuer Not Cooperating’
category)
Synergy Ski Infradevelopment            Fund based – CC       ICRA BB      70      Withdrawn
                                                              (Stable)
(Issuer Not Cooperating)
Tata Capital Financial                  LT/ST – Fund          AAA          200000  Reaffirmed
Services Ltd                            based/Non-fund based  (Stable) /
                                                              ICRA A1+
Tata Capital Financial                  Perpetual Debt        ICRA AA+     10865.5 Reaffirmed
Services Ltd                            Programme             (Stable);
Tata Capital Financial                  NCD programme         ICRA AAA     132934.5Reaffirmed
Services Ltd                                                  (Stable)
Tata Capital Financial                  NCD programme         ICRA AAA     -       Withdrawn
Services Ltd                                                  (Stable)
Tata Capital Financial                  Subordinated Debt     ICRA AAA     14054.5 Reaffirmed
Services Ltd                            programme             (Stable)
Tata Capital Financial                  LT Loans              ICRA AAA     -       Reaffirmed
Services Ltd                                                  (Stable)
Tata Capital Financial                  LT FBL                ICRA AAA     -       Reaffirmed
Services Ltd                                                  (Stable)
Tata Capital Financial                  LT NFBL               ICRA AAA     -       Reaffirmed
Services Ltd                                                  (Stable)
Tata Petrodyne Ltd                      LT NFBL               ICRA A+&     -       -
                                        (Interchangeable)
(placed under rating watch with developing implications)
The Lifestile Realty                    LT - Fund Based TL    ICRA         130     -
                                                              B(Stable);
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Tracks & Towers Infratech Pvt           Fund based – CC       ICRA A-      520     Reaffirmed
Ltd                                                           (Positive);
Tracks & Towers Infratech Pvt           Non fund based – BG   ICRA A-      3920    Reaffirmed
Ltd                                                           (Positive);
Tracks & Towers Infratech Pvt           CC#                   ICRA A-      -       Reaffirmed
Ltd                                                           (Positive);
(#Interchangeable with BG limits)
Tracks & Towers Infratech Pvt           Unallocated Limits    ICRA A-      60      Reaffirmed
Ltd                                                           (Positive);
Trigyn Technologies Ltd.                BLR                   ICRA BBB+    250     -
                                                              (Stable) /
                                                              ICRA A2
(Issuer not cooperating)
Trilok Cotton Pvt Ltd                   Fund Based Working    ICRA B+      100     Upgraded
                                        Capital Fac           (Stable)             from ICRA B
                                                                                   (Stable)
Trilok Cotton Pvt Ltd                   LT - Unallocated      ICRA B+      5       Upgraded
                                                              (Stable)             from ICRA B
                                                                                   (Stable)
Value Pharma Retail (Hyd) Pvt.          LT - Fund Based/ CC   ICRA BB      130     -
Ltd                                                           (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Value Pharma Retail (Hyd) Pvt.          LT - Fund Based TL    ICRA BB      25      -
Ltd                                                           (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Vd Global Pvt Ltd                       LT / ST, FB Fac       ICRA BBB /   1999.5  -
                                                              ICRA A3+
(reaffirmed, outlook revised to Negative from Stable)
Vd Global Pvt Ltd                       LT / ST – Unallocated ICRA BBB /   0.5     -
                                                              ICRA A3+
(reaffirmed, outlook revised to Negative from Stable)
Vidya Sanskaar Educational And          LT - Fund Based TL    ICRA B+      56.9    -
Charitable Trust                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Vidya Sanskaar Educational And          LT - Unallocated      ICRA B+      1.1     -
Charitable Trust                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Vikas Filaments Pvt Ltd                 LT, fund based: CC    ICRA B       58.5    -
                                                              (Stable)
(Rating continues to remain in the ‘Issuer Not Cooperating’ category)
Wallmark Ceramic Industry               FB – TL               ICRA B       44.4    -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Wallmark Ceramic Industry               Fun-based – CC        ICRA B       20      -
                                                              (Stable)
(Continues to remain under the ‘Issuer Not Cooperating’ category)
Webfil Ltd                              Fund based CC         ICRA C+      33.8    -
(Rating continues to remain under the ‘Issuer Not Cooperating’ category)
Webfil Ltd                              Non-Fund based LOC    ICRA C+/     54      -
                                                              ICRA A4
(Rating continues to remain under the ‘Issuer Not Cooperating’ category)
Webfil Ltd                              Non-Fund based BG     ICRA C+/     49      -
                                                              ICRA A4
(Rating continues to remain under the ‘Issuer Not Cooperating’ category)
Yenepoya Institute Of Medical           LT - Fund Based       ICRA         30      -
Sciences And Research Pvt Ltd                                 BB(Stable)
(Review Under Process)
Yenepoya Institute Of Medical           CC LT – Fund Based    ICRA         110     -
Sciences And Research Pvt Ltd                                 BB(Stable)
(Review Under Process)
Abc Transformers Pvt Ltd                Fund based - CC       ICRA B+      35
                                                              (Stable)
Continues to remain under ‘Issuer Not Cooperating’ category
Abc Transformers Pvt Ltd                Unallocated – LT      ICRA B+      12
                                                              (Stable)
Continues to remain under ‘Issuer Not Cooperating’ category
Agrawal Distilleries Pvt Ltd            LT - Fund Based/ CC   ICRA B+      40      Withdrawn
                                                              (Stable)
Agrawal Distilleries Pvt Ltd            LT - Fund Based/ TL   ICRA B+      39      Withdrawn
                                                              (Stable)
Agrawal Distilleries Pvt Ltd            LT – Unallocated      ICRA B+      1       Withdrawn
                                                              (Stable)
Apcotex Industries Ltd                  LT FB Limits          ICRA AA-     530     Reaffirmed
                                                              (Stable)
Apcotex Industries Ltd                  TL                    ICRA AA-     150     Reaffirmed
                                                              (Stable)
Apcotex Industries Ltd                  LT / ST – FB/ Non-FBL ICRA AA-     200     Reaffirmed
                                                              (Stable)/
                                                              ICRA A1+
Classic Display Systems Pvt.            Fund based- CC        ICRA BB      60
Ltd.                                                          (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Classic Display Systems Pvt.            Fund base TL          ICRA BB      35
Ltd.                                                          (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Classic Display Systems Pvt.            Unallocated           ICRA BB      30
Ltd.                                                          (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Druk Green Power Corporation            Issuer Rating         ICRA BBB+    -       Reaffirmed
Ltd                                                           (Stable)
Ge Power India Ltd (Erstwhile           Fund based - Working  ICRA AA-     100     Reaffirmed
Alstom India Ltd)                       Capital Fac           (Stable)
Ge Power India Ltd (Erstwhile           Non-fund based – BG/  ICRA AA-     38000   Reaffirmed
Alstom India Ltd)                       LC                    (Stable)/
                                                              ICRA A1+
Ge Power India Ltd (Erstwhile           Unallocated           ICRA AA-     1900    Reaffirmed
Alstom India Ltd)                                             (Stable)/
                                                              ICRA A1+
H R Builders                            FBL- Overdraft        ICRA B+      80
                                                              (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Ind Swift Laboratories Ltd              TL                    ICRA D       6108.9
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Ind Swift Laboratories Ltd              FB Working Capital FacICRA D       3034.1
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Ind Swift Laboratories Ltd              Non-fund Based        ICRA D       2650
                                        Working Capital Fac
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Ind Swift Laboratories Ltd              Unallocated Limits    ICRA D/      342.7
                                                              ICRA D
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Infibeam Avenues Ltd                    FB Fac                ICRA A-      300
                                                              (Negative)
Downgraded from ICRA A (Negative)
Janta Rice Mills                        LT Fund based/ CC     ICRA B       95
                                                              (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Janta Rice Mills                        LT Fund based/        ICRA B       25
                                        Warehousing Receipt   (Stable)
                                        Finance
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Janta Rice Mills                        TL                    ICRA B       10
                                                              (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Munjal Auto Industries Ltd              LT Fund based/ CC     ICRA AA-     150     Reaffirmed
                                                              (Stable)
Munjal Auto Industries Ltd              LT Fund based TL      ICRA AA-     795.9   Reaffirmed
                                                              (Stable)
Munjal Auto Industries Ltd              LT/ ST Unallocated    ICRA AA-     37.7    Reaffirmed
                                                              (Stable)/
                                                              ICRA A1+
Ochre And Black Pvt Ltd                 LT FB limits          ICRA A       300
                                                              (Negative)/
                                                              ICRA A1
Downgraded from ICRA A+ (Stable)/ ICRA A1+
Sbi General Insurance Co. Ltd           CPA rating            iAAA         -       Reaffirmed
Select Infrastructure Pvt Ltd           LT Unallocated        ICRA AA      1970    Reaffirmed
                                                              (Stable)
Shirdiwale Sai Exim Pvt Ltd             Fund based - CC       ICRA D       80
Continues to remain under the ‘Issuer Not Cooperating’ category
Smt. Nandamuri Basava Taraka            Fund Based – TL       ICRA A-      279     Reaffirmed
Ramarao Memorial Cancer                                       (Stable)
Foundation
Smt. Nandamuri Basava Taraka            Fund Based – Working  ICRA A-      100     Reaffirmed
Ramarao Memorial Cancer                 Capital Fac           (Stable)
Foundation
Smt. Nandamuri Basava Taraka            Unallocated           ICRA A-      11      Reaffirmed
Ramarao Memorial Cancer                                       (Stable)/
Foundation                                                    A2+
Srs Healthcare And Research             LT / ST -Unallocated  ICRA D/      1150
Centre Ltd                                                    ICRA D
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Surya Foods                             Fund based- CC        ICRA B       50
                                                              (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Surya Foods                             Fund based- TL        ICRA B       25
                                                              (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Surya Foods                             Unallocated           ICRA B       25
                                                              (Stable)
Rating Continues to remain under the ‘Issuer Not Cooperating’ category
Tangsibji Hydro Energy Ltd              TL                    ICRA BBB-    3530    Reaffirmed
                                                              (Stable)
Uti Asset Management Co. Ltd            UTI Capital           ICRA AAA     -       Reaffirmed
                                        Protection Oriented   (SO)
                                        Scheme Series X - Plan 2
Uti Asset Management Co. Ltd            UTI Capital           ICRA AAA     -       Reaffirmed
                                        Protection Oriented   (SO)
                                        Scheme Series IX - Plan 1
Uti Asset Management Co. Ltd            UTI Capital           ICRA AAA     -       Reaffirmed
                                        Protection Oriented   (SO)
                                        Scheme Series IX - Plan 2
Uti Asset Management Co. Ltd            UTI Capital           ICRA AAA     -       Reaffirmed
                                        Protection Oriented   (SO)
                                        Scheme Series IX - Plan 3
Uti Asset Management Co. Ltd            UTI Corporate Bond    ICRA AAAmfs  -       outstanding
                                        Fund
Uti Asset Management Co. Ltd            UTI Ultra ST Fund     ICRA AAmfs   -       outstanding
Uti Asset Management Co. Ltd            UTI Treasury          ICRA BBB+mfs -       outstanding
                                        Advantage Fund
Uti Asset Management Co. Ltd            UTI Bond Fund         ICRA BBBmfs@ -       outstanding
@Under rating watch with negative implications
Uti Asset Management Co. Ltd            UTI Dynamic Bond Fund ICRA BBBmfs@ -       outstanding
@Under rating watch with negative implications
Uti Asset Management Co. Ltd            UTI Bking and PSU     ICRA         -       outstanding
                                        Debt Fund             BBB-mfs@
@Under rating watch with negative implications
--------------------------------------------------------------------------------------------
$: 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

ICRA 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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