Aug 26 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of August 23, 2019.
COMPANY INSTRUMENT RATING AMOUNT MOVEMENT
(RS.MLN)
------ ---------- ------ ----- ---------
SHORT TERM RATINGS:
-------------------
Alkyl Amines Chemicals Ltd BG CRISIL A1 68 Reaffirmed
Alkyl Amines Chemicals Ltd Foreign Exchange CRISIL A1 94 Reaffirmed
Forward
Alkyl Amines Chemicals Ltd LOC CRISIL A1 706 Reaffirmed
ANS Constructions Pvt Ltd BG CRISIL A4+ 410 Assigned
(Suspension Revoked)
Bajaj Sindhudurg Rice Mills Ltd BG CRISIL A4 20 Reaffirmed
Bajaj Sindhudurg Rice Mills Ltd Pledge Loan CRISIL A4 180 Reaffirmed
Bajaj Sindhudurg Rice Mills Ltd ST Loan CRISIL A4 100 Reaffirmed
Benco Thermal Technologies Pvt Ltd BG CRISIL A4+ 50 Assigned
British India Trading Company BG CRISIL A4 35 Assigned
Coastal Agro Industries Ltd BG CRISIL A4+ 1 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Coastal Agro Industries Ltd LOC CRISIL A4+ 10 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Devi Aqua Feeds Pvt Ltd BG CRISIL A2 5 -
(Reaffirmed and Withdrawn)
Devi Aqua Feeds Pvt Ltd Foreign Exchange CRISIL A2 5 -
Forward
(Reaffirmed and Withdrawn)
Devi Aqua Feeds Pvt Ltd LOC CRISIL A2 150 -
(Reaffirmed and Withdrawn)
Devi Aquatech Pvt Ltd BG CRISIL A2 50 -
(Reaffirmed and Withdrawn)
Devi Aquatech Pvt Ltd Packing Credit CRISIL A2 1000 -
(Reaffirmed and Withdrawn)
Devi Fisheries Ltd Post Shipment CRISIL A1 900 -
Credit
(Reaffirmed and Withdrawn)
Devi Fisheries Ltd Pre Shipment CreditCRISIL A1 720 -
(Reaffirmed and Withdrawn)
Eastman Cast and Forge Ltd Foreign Exchange CRISIL A3 15 Upgraded from
Forward CRISIL A4+
Eastman Cast and Forge Ltd LOC CRISIL A3 30 Upgraded from
CRISIL A4+
Ganga Kaveri Seeds Pvt Ltd BG CRISIL A4+ 10 Migrated from
CRISIL A3*
(Issuer Not Cooperating)
GFL Ltd WC Fac CRISIL A1+ 10850 Withdrawn
GFL Ltd CP CRISIL A1+ 4000 Withdrawn
Gujarat Fluorochemicals Ltd WC Fac CRISIL A1+ 10850 Assigned
Gujarat Fluorochemicals Ltd CP CRISIL A1+ 4000 Assigned
Haldiram Foods International Pvt Ltd LOC* CRISIL A1+ 30 Reaffirmed
*Fullly interchangeable with BG
Inox Wind Ltd BG CRISIL A2+ 3150 Reaffirmed
Inox Wind Ltd LOC CRISIL A2+ 10450 Reaffirmed
Inox Wind Ltd CP CRISIL A2+ 2000 Reaffirmed
J and B Engineering and Construction BG CRISIL A4 75 Withdrawn
Company
Jagdamba Timbers Pvt Ltd Inland/Import LOC CRISIL A4 90 Reaffirmed
KL Hi-Tech Secure Print Ltd BG CRISIL A3 90 Migrated from
CRISIL A3+
(Issuer Not Cooperating)
KL Hi-Tech Secure Print Ltd LOC CRISIL A3 30 Migrated from
CRISIL A3+
(Issuer Not Cooperating)
Konark Synthetic Ltd Inland/Import LOC CRISIL A4 35 Assigned
Konark Synthetic Ltd Foreign Exchange CRISIL A4 70 Assigned
Forward
Konark Synthetic Ltd BG CRISIL A4 4.5 Assigned
Krishna Contractors BG CRISIL A4+ 160 Reaffirmed
Lakhani Footwear Pvt Ltd Bill Pur-Dis Fac CRISIL A4 150 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Footwear Pvt Ltd LOC* CRISIL A4 270 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Products Pvt Ltd BG CRISIL A4 10 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Products Pvt Ltd Bill Pur-Dis Fac CRISIL A4 75 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Products Pvt Ltd LOC CRISIL A4 100 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Works BG CRISIL A4 10 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Works Bill Pur-Dis Fac CRISIL A4 60 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Works LOC CRISIL A4 100 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Shoes and Apparels Pvt Ltd BG CRISIL A4 5 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Shoes and Apparels Pvt Ltd LOC CRISIL A4 179.5 Migrated from
CRISIL D
(Issuer Not Cooperating)
Leuco Microns Pvt Ltd BG CRISIL A4 8 Withdrawn
Lohiya Industries BG CRISIL A4+ 5 Migrated from
CRISIL A2
(Issuer Not Cooperating)
Lohiya Industries LOC CRISIL A4+ 1700 Migrated from
CRISIL A2
(Issuer Not Cooperating)
Nagpur Sortex BG CRISIL A4+ 0.7 Reaffirmed
Prasam Exports Packing Credit CRISIL A4+ 65 Reaffirmed
Ramkrishna Agro Products Pvt Ltd BG CRISIL A4 1.5 Assigned
Royale Marine Impex Pvt. Ltd. BG CRISIL A4+ 37.5 Reaffirmed
(Issuer Not Cooperating)
Royale Marine Impex Pvt. Ltd. Foreign Exchange CRISIL A4+ 5 Reaffirmed
Forward
(Issuer Not Cooperating)
Satyanarayana Traders - Dosapadu BG CRISIL A4 35 Assigned
Seaboy Fisheries Pvt Ltd Foreign CRISIL A4+ 10 Upgraded from
Discounting Bill CRISIL A4
Purchase
Srini Pharmaceuticals Pvt Ltd BG CRISIL A4+ 2.5 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Srini Pharmaceuticals Pvt Ltd LOC CRISIL A4+ 100 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Sudisa Foundry Pvt Ltd BG CRISIL A4+ 45.5 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Tej International Pvt Ltd BG CRISIL A4+ 5 Migrated from
CRISIL A3+
(Issuer Not Cooperating)
Tej International Pvt Ltd LOC CRISIL A4+ 55 Migrated from
CRISIL A3+
(Issuer Not Cooperating)
Tirubala Exports Bill Purchase CRISIL A4+ 20 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Tirubala Exports LOC CRISIL A4+ 10 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Tirubala Exports Packing Credit CRISIL A4+ 100 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Tirubala International Pvt Ltd LOC CRISIL A4+ 12.5 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Trivitron Healthcare Pvt Ltd LOC CRISIL A3+ 300 Downgraded
from CRISIL A2
URSS Techservices Pvt Ltd BG CRISIL A4+ 20 Migrated from
CRISIL A3
(Issuer Not Cooperating)
Vallabhaneni Constructions Pvt Ltd BG CRISIL A4+ 645 Migrated from
CRISIL A3
(Issuer Not Cooperating)
VMT Spinning Co. Ltd BG CRISIL A1+ 10 Reaffirmed
VMT Spinning Co. Ltd LOC & BG CRISIL A1+ 40 Reaffirmed
VVC Motors Pvt Ltd BG CRISIL A4+ 50 Migrated from
CRISIL A3
(Issuer Not Cooperating)
LONG TERM RATINGS:
-------------------
Alkaloids Corporation CC CRISIL BBB+ 138 Assigned
Alkyl Amines Chemicals Ltd CC CRISIL A+ 450 Reaffirmed
Alkyl Amines Chemicals Ltd Export Packing CRISIL A+ 250 Reaffirmed
Credit
Alkyl Amines Chemicals Ltd External CRISIL A+ 1130.9 Reaffirmed
Commercial
Borrowings
Alkyl Amines Chemicals Ltd Line of Credit CRISIL A+ 50 Reaffirmed
Alkyl Amines Chemicals Ltd Proposed LT Bk CRISIL A+ 134.6 Reaffirmed
Loan Fac
ANS Constructions Pvt Ltd CC CRISIL BB 60 Assigned
(Suspension Revoked)
ANS Constructions Pvt Ltd Proposed LT Bk CRISIL BB 30 Assigned
Loan Fac
(Suspension Revoked)
Asirvad Microfinance Ltd Northern Arc 2019 Provisional 777.1 Provisional
MFI Artemis Series CRISIL A (SO) Rating
A PTCs Assigned
Avanti Finance Pvt Ltd Proposed LT Bk CRISIL BBB+ 1000 Assigned
Loan Fac
Bajaj Sindhudurg Rice Mills Ltd CC CRISIL B- 50 Downgraded
from CRISIL B
Bajaj Sindhudurg Rice Mills Ltd LT Loan CRISIL B- 53.5 Downgraded
from CRISIL B
Bajaj Sindhudurg Rice Mills Ltd TL CRISIL B- 100 Downgraded
from CRISIL B
Banwari Aromas Pvt Ltd CC CRISIL BB 40 Migrated from
CRISIL BB
(Issuer Not Cooperating)
Banwari Aromas Pvt Ltd Export Packing CRISIL BB 60 Migrated from
Credit CRISIL BB
(Issuer Not Cooperating)
Benco Thermal Technologies Pvt Ltd CC CRISIL BB- 40 Assigned
British India Trading Company Proposed LT Bk CRISIL B 10 Assigned
Loan Fac
British India Trading Company CC CRISIL B 25 Assigned
Coastal Agro Industries Ltd CC CRISIL BB+ 150 Migrated from
CRISIL
BBB-/Stable
(Issuer Not Cooperating)
Coastal Agro Industries Ltd LT Loan CRISIL BB+ 8 Migrated from
CRISIL
BBB-/Stable
(Issuer Not Cooperating)
Coastal Agro Industries Ltd Proposed LT Bk CRISIL BB+ 37.7 Migrated from
Loan Fac CRISIL
BBB-/Stable
(Issuer Not Cooperating)
Dadha Pharma Distribution Pvt Ltd CC CRISIL BBB- 200 Reaffirmed
Deccan Nutraceuticals Pvt Ltd Proposed FB Bk CRISIL BBB+ 30 Assigned
Limits
Devi Aqua Feeds Pvt Ltd CC CRISIL BBB+ 350 -
(Reaffirmed and Withdrawn)
Devi Aqua Feeds Pvt Ltd LT Loan CRISIL BBB+ 200 -
(Reaffirmed and Withdrawn)
Devi Aquatech Pvt Ltd LT Loan CRISIL BBB+ 200 -
(Reaffirmed and Withdrawn)
Devi Fisheries Ltd LT Loan CRISIL A 100 -
(Reaffirmed and Withdrawn)
Devi Fisheries Ltd Proposed LT Bk CRISIL A 1130 -
Loan Fac
(Reaffirmed and Withdrawn)
Dhruv Chem Industries CC CRISIL BB- 45 Withdrawn
Dhruv Chem Industries TL CRISIL BB- 16.3 Withdrawn
D-Link India Ltd CC & WC demand loanCRISIL A 100 Reaffirmed
(Outlook revised from Negative)
Eastman Cast and Forge Ltd CC CRISIL BBB- 270 Upgraded from
CRISIL BB+
Eastman Cast and Forge Ltd Proposed TL CRISIL BBB- 8.5 Upgraded from
CRISIL BB+
Enar Industrial Enterprises Pvt Ltd CC CRISIL BB- 197.5 Assigned
(Suspension Revoked)
Enar Industrial Enterprises Pvt Ltd Electronic Dealer CRISIL BB- 202.5 Assigned
Financing
Scheme(e-DFS)
(Suspension Revoked)
Ganga Kaveri Seeds Pvt Ltd CC CRISIL BB+ 460 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Ganga Kaveri Seeds Pvt Ltd Proposed LT Bk CRISIL BB+ 400 Migrated from
Loan Fac CRISIL BBB-
(Issuer Not Cooperating)
GFL Ltd CC~~~ CRISIL AA 1000 Withdrawn
~~~Interchangeable with overdraft and other working capital facility
GFL Ltd Foreign Currency TLCRISIL AA 406.6 Withdrawn
GFL Ltd Foreign Currency TLCRISIL AA 406.6 Withdrawn
GFL Ltd Foreign Currency TLCRISIL AA 456.4 Withdrawn
GFL Ltd Proposed LT Bk CRISIL AA 930.4 Withdrawn
Loan Fac
GFL Ltd Rupee TL CRISIL AA 950 Withdrawn
Gujarat Fluorochemicals Ltd Rupee TL CRISIL AA 950 Assigned
Gujarat Fluorochemicals Ltd Proposed LT Bk CRISIL AA 930.4 Assigned
Loan Fac
Gujarat Fluorochemicals Ltd CC~~~ CRISIL AA 1000 Assigned
~~~Interchangeable with Overdraft and other working capital facility
Gujarat Fluorochemicals Ltd Foreign Currency TLCRISIL AA 406.6 Assigned
Gujarat Fluorochemicals Ltd Foreign Currency TLCRISIL AA 406.6 Assigned
Gujarat Fluorochemicals Ltd Foreign Currency TLCRISIL AA 456.4 Assigned
Gujarat State Petroleum Corporation Ltd TL* - 793 Reaffirmed
(Continues on Rating Watch with Developing Implications),*converted at Rs 65/USD
Gujarat State Petroleum Corporation Ltd TL* CRISIL BBB+ 793 Reaffirmed
(Removed from Rating Watch with Developing Implications),*converted at Rs 65/USD
Gujarat State Petroleum Corporation Ltd NCD CRISIL BBB+ 40000 Withdrawn
(Continues on Rating Watch with Positive Implications)
Gujarat State Petroleum Corporation Ltd Subordinated NCDs CRISIL BBB+ 20000 Withdrawn
(Continues on Rating Watch with Positive Implications)
Gujarat State Petroleum Corporation Ltd Compulsory CRISIL BBB+ 5500 Withdrawn
Convertible
Debentures
(Continues on Rating Watch with Positive Implications)
Haldiram Foods International Pvt Ltd CC CRISIL AA+ 400 Reaffirmed
Hi-Can Industries Pvt Ltd CC CRISIL B 150 Withdrawn
(Issuer Not Cooperating)
Hi-Can Industries Pvt Ltd TL CRISIL B 10 Withdrawn
(Issuer Not Cooperating)
Himanshu Apparels Pvt Ltd Export Packing CRISIL BBB- 75 Assigned
Credit
Himanshu Apparels Pvt Ltd Proposed FB Bk CRISIL BBB- 25 Assigned
Limits
IMPS Educational Trust Proposed LT Bk CRISIL D 20.1 Downgraded
Loan Fac from CRISIL B
(Issuer Not Cooperating)
IMPS Educational Trust TL CRISIL D 44.5 Downgraded
from CRISIL B
(Issuer Not Cooperating)
Inox Wind Ltd Proposed LT Bk - 5000 Withdrawn
Loan Fac
Inox Wind Ltd LT Loan CRISIL A- 1308.2 Reaffirmed
Inox Wind Ltd Proposed LT Bk CRISIL A- 6804.8 Reaffirmed
Loan Fac
Inox Wind Ltd CC** CRISIL A- 650 Reaffirmed
**Rs.65 Crore is interchangeable with Letter of credit/bank guarantee
Inox Wind Ltd CC* CRISIL A- 387 Reaffirmed
*Rs.38.70 Crore is interchangeable with Letter of credit
Inox Wind Ltd CC CRISIL A- 550 Reaffirmed
Inox Wind Ltd CC*** CRISIL A- 500 Reaffirmed
***Rs.50 Crore is interchangeable with Letter of credit/bank guarantee
Inox Wind Ltd CC# CRISIL A- 200 Reaffirmed
#Rs.20 Crore is interchangeable with Letter of credit/bank guarantee
Inox Wind Ltd CC## CRISIL A- 750 Reaffirmed
##Rs.75 Crore is interchangeable with Letter of credit/bank guarantee
Inox Wind Ltd CC### CRISIL A- 150 Reaffirmed
###Rs.15 Crore is interchangeable with Letter of credit
Inox Wind Ltd CC CRISIL A- 100 Reaffirmed
J and B Engineering and Construction CC CRISIL B- 140 Withdrawn
Company
Jagdamba Timbers Pvt Ltd CC CRISIL B+ 40 Reaffirmed
Kay Cee Enterprises - Delhi Overdraft CRISIL BB- 70 Reaffirmed
KL Hi-Tech Secure Print Ltd CC CRISIL BBB- 150 Migrated from
CRISIL BBB
(Issuer Not Cooperating)
Konark Synthetic Ltd CC CRISIL B 170.5 Assigned
Krishna Contractors CC CRISIL BB 60 Reaffirmed
KTL Pvt Ltd Rating Advisory -- - --
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
KVR Sales Corporation WC Demand Loan CRISIL B+ 165 Assigned
KVR Sales Corporation Proposed LT Bk CRISIL B+ 110 Assigned
Loan Fac
KVR Sales Corporation CC CRISIL B+ 10 Assigned
KVR Sales Corporation Drop Line CRISIL B+ 15 Assigned
Overdraft Fac
Lakhani Footwear Pvt Ltd CC CRISIL B- 593.1 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Footwear Pvt Ltd Proposed LT Bk CRISIL B- 49.5 Migrated from
Loan Fac CRISIL D
(Issuer Not Cooperating)
Lakhani Footwear Pvt Ltd TL CRISIL B- 118.6 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Products Pvt Ltd CC CRISIL B- 85 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Products Pvt Ltd Proposed LT Bk CRISIL B- 159.8 Migrated from
Loan Fac CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Products Pvt Ltd TL CRISIL D 22.2 Withdrawn
Lakhani Rubber Works CC CRISIL B- 85 Migrated from
CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Works Proposed LT Bk CRISIL B- 52.8 Migrated from
Loan Fac CRISIL D
(Issuer Not Cooperating)
Lakhani Rubber Works TL CRISIL D 13.7 Withdrawn
Lakhani Shoes and Apparels Pvt Ltd CC CRISIL B- 250 Migrated from
CRISIL D
(Issuer Not Cooperating)
Leuco Microns Pvt Ltd CC CRISIL B+ 30 Withdrawn
Leuco Microns Pvt Ltd Rupee TL CRISIL B+ 45 Withdrawn
Lifelong India Pvt Ltd Rating Advisory -- - --
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
Lohiya Industries CC CRISIL BB+ 220 Migrated from
CRISIL BBB+
(Issuer Not Cooperating)
Maa Muktakeshi Potato Freezing Pvt Ltd CC CRISIL B 4.3 Assigned
Maa Muktakeshi Potato Freezing Pvt Ltd TL CRISIL B 45 Assigned
Magtorq Pvt Ltd Open CC CRISIL BB- 100 Reaffirmed
(Issuer Not Cooperating)
Movement Impex Trading Co. Export Packing CRISIL BB- 105 Downgraded
Credit from CRISIL BB
Movement Impex Trading Co. Proposed LT Bk CRISIL BB- 5 Downgraded
Loan Fac from CRISIL BB
Muthoot Capital Services Ltd Northern Arc 2019 CRISIL A (SO) 18.5 -
CV PTU Series A2
PTCs
(Converted from Provisional Rating to Final Rating)
Muthoot Capital Services Ltd Northern Arc 2019 CRISIL AA- (SO)322.6 -
CV PTU Series A1
PTCs
(Converted from Provisional Rating to Final Rating)
Muthoot Capital Services Ltd Vivriti Minerva 03 CRISIL AA (SO) 540.4 Assigned
2019 Series A1 PTCs
(Converted from Provisional Rating to Final Rating)
Nagpur Sortex CC CRISIL BB 200 Reaffirmed
Nagpur Sortex Proposed LT Bk CRISIL BB 34.3 Reaffirmed
Loan Fac
Nagpur Sortex TL CRISIL BB 15 Assigned
Narbheram Agencies Pvt Ltd CC CRISIL BB- 30 Assigned
(Suspension Revoked)
Narbheram Agencies Pvt Ltd Proposed LT Bk CRISIL BB- 45 Assigned
Loan Fac
(Suspension Revoked)
Narbheram Agencies Pvt Ltd Channel Financing CRISIL BB- 25 Assigned
(Suspension Revoked)
NSL Wind Power Company (Phoolwadi) Pvt LT Loan CRISIL BBB 2550 Downgraded
Ltd from CRISIL
BBB+
Oneworld Creations Pvt Ltd CC CRISIL D 450 Rating
Migrated
(Issuer Not Cooperating)
Oneworld Creations Pvt Ltd Proposed CC Limit CRISIL D 90 Rating
Migrated
(Issuer Not Cooperating)
Oneworld Creations Pvt Ltd Proposed LT Bk CRISIL D 350 Rating
Loan Fac Migrated
(Issuer Not Cooperating)
Oneworld Creations Pvt Ltd TL CRISIL D 160 Rating
Migrated
(Issuer Not Cooperating)
Oneworld Retail Pvt Ltd CC CRISIL D 285 Rating
Migrated
(Issuer Not Cooperating)
Oneworld Retail Pvt Ltd Proposed LT Bk CRISIL D 150 Rating
Loan Fac Migrated
(Issuer Not Cooperating)
Oneworld Retail Pvt Ltd TL CRISIL D 87.5 Rating
Migrated
(Issuer Not Cooperating)
Oneworld Sourcing CC CRISIL D 660 Rating
Migrated
(Issuer Not Cooperating)
Oneworld Sourcing TL CRISIL D 120 Rating
Migrated
(Issuer Not Cooperating)
Pawan Shree Food International Pvt Ltd CC CRISIL BB+ 400 Reaffirmed
Pawan Shree Food International Pvt Ltd TL CRISIL BB+ 55 Reaffirmed
Peethambra Granites Pvt Ltd Rating Advisory -- - --
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
Prabhu Steels CC CRISIL BB+ 170 Migrated from
CRISIL BB+
(Issuer Not Cooperating)
Prabhu Steels Channel Financing CRISIL BB+ 375 Migrated from
CRISIL BB+
(Issuer Not Cooperating)
Prasam Exports CC CRISIL BB- 15 Reaffirmed
Prasam Exports Proposed LT Bk CRISIL BB- 70 Reaffirmed
Loan Fac
Ramkrishna Agro Products Pvt Ltd WC Fac CRISIL B 45 Assigned
Ramkrishna Agro Products Pvt Ltd TL CRISIL B 55.1 Assigned
Ramkrishna Agro Products Pvt Ltd CC CRISIL B 7.3 Assigned
RKS Motor Pvt Ltd Rating Advisory -- - --
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review
Royale Marine Impex Pvt. Ltd. Export Packing CRISIL BB 500 Reaffirmed
Credit
(Issuer Not Cooperating)
Royale Marine Impex Pvt. Ltd. Proposed LT Bk CRISIL BB 11.5 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Royale Marine Impex Pvt. Ltd. Standby LOC CRISIL BB 75 Reaffirmed
(Issuer Not Cooperating)
Royale Marine Impex Pvt. Ltd. TL CRISIL BB 21 Reaffirmed
(Issuer Not Cooperating)
Satyanarayana Traders - Dosapadu Proposed WC Fac CRISIL B+ 50.5 Assigned
Satyanarayana Traders - Dosapadu CC CRISIL B+ 14.5 Assigned
Seaboy Fisheries Pvt Ltd Packing Credit CRISIL BB- 50 Upgraded from
CRISIL B+
Shradha Apparels Worldwide Foreign Bill CRISIL D 25 Withdrawn
Negotiation
Shradha Apparels Worldwide Foreign Bill CRISIL D 55 Withdrawn
Purchase
Shriram City Union Finance Ltd MOBIL TRUST SERIES Provisional 2816.7 Provisional
- 01 Series A PTCs CRISIL AAA (SO) Rating
Assigned
SKY Spintex Pvt Ltd CC CRISIL BBB- 80 Upgraded from
CRISIL BB+
SKY Spintex Pvt Ltd LT Loan CRISIL BBB- 600 Upgraded from
CRISIL BB+
Sri Rajeshwara Hatcheries Pvt Ltd CC CRISIL BB+ 240 Migrated from
CRISIL BBB
(Issuer Not Cooperating)
Sri Rajeshwara Hatcheries Pvt Ltd Proposed LT Bk CRISIL BB+ 32.9 Migrated from
Loan Fac CRISIL BBB
(Issuer Not Cooperating)
Sri Rajeshwara Hatcheries Pvt Ltd TL CRISIL BB+ 191 Migrated from
CRISIL BBB
(Issuer Not Cooperating)
Sri Ram Spinning Mills Ltd CC CRISIL B- 128 Upgraded from
CRISIL C
Sri Ram Spinning Mills Ltd LT Loan CRISIL B- 100 Upgraded from
CRISIL C
Sri Ram Spinning Mills Ltd Proposed CC Limit CRISIL B- 4.5 Upgraded from
CRISIL C
Sri Ram Spinning Mills Ltd Standby Line of CRISIL B- 17.5 Upgraded from
Credit CRISIL C
Srini Pharmaceuticals Pvt Ltd CC CRISIL BB+ 150 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Srini Pharmaceuticals Pvt Ltd Proposed LT Bk CRISIL BB+ 27.5 Migrated from
Loan Fac CRISIL BBB-
(Issuer Not Cooperating)
Srini Pharmaceuticals Pvt Ltd TL CRISIL BB+ 190 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Sudisa Foundry Pvt Ltd CC CRISIL BB+ 33.5 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Sudisa Foundry Pvt Ltd LT Loan CRISIL BB+ 180 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Sudisa Foundry Pvt Ltd Proposed LT Bk CRISIL BB+ 21 Migrated from
Loan Fac CRISIL BBB-
(Issuer Not Cooperating)
Sundaram BNP Paribas Home Finance Ltd Santhanam Trust CRISIL AAA (SO)1826.1 Reaffirmed
Series I Series A
PTCs
Tej International Pvt Ltd CC CRISIL BB+ 10 Migrated from
CRISIL BBB
(Issuer Not Cooperating)
Tej International Pvt Ltd Export Packing CRISIL BB+ 160 Migrated from
Credit CRISIL BBB
(Issuer Not Cooperating)
Tej International Pvt Ltd Proposed LT Bk CRISIL BB+ 170 Migrated from
Loan Fac CRISIL BBB
(Issuer Not Cooperating)
Tirubala Exports CC CRISIL BB+ 20 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Tirubala International Pvt Ltd Foreign Bill CRISIL BB+ 230 Migrated from
Discounting CRISIL BBB-
(Issuer Not Cooperating)
Tirubala International Pvt Ltd Foreign Bill CRISIL BB+ 280 Migrated from
Purchase CRISIL BBB-
(Issuer Not Cooperating)
Tirubala International Pvt Ltd Packing Credit CRISIL BB+ 160 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Trivitron Healthcare Pvt Ltd CC CRISIL BBB 650 Downgraded
from CRISIL
BBB+
Trivitron Healthcare Pvt Ltd Proposed LT Bk CRISIL BBB 220 Downgraded
Loan Fac from CRISIL
BBB+
Trivitron Healthcare Pvt Ltd Standby LOC CRISIL BBB 150 Downgraded
from CRISIL
BBB+
Trivitron Healthcare Pvt Ltd TL CRISIL BBB 200 Downgraded
from CRISIL
BBB+
Ultimo Fabrics Pvt Ltd CC CRISIL D 350 Rating
Migrated
(Issuer Not Cooperating)
Ultimo Fabrics Pvt Ltd LOC CRISIL D 100 Rating
Migrated
(Issuer Not Cooperating)
Ultimo Fabrics Pvt Ltd Proposed CC Limit CRISIL D 248.8 Rating
Migrated
(Issuer Not Cooperating)
Ultimo Fabrics Pvt Ltd TL CRISIL D 91.2 Rating
Migrated
(Issuer Not Cooperating)
URSS Techservices Pvt Ltd CC CRISIL BB+ 50 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
URSS Techservices Pvt Ltd Standby LOC CRISIL BB+ 4 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Vallabhaneni Constructions Pvt Ltd CC CRISIL BB+ 105 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Vardhman Nisshinbo Garments Co. Ltd CC CRISIL A+ 85 Reaffirmed
(Outlook revised from Stable)
Vardhman Nisshinbo Garments Co. Ltd LT Loan CRISIL A+ 200 Reaffirmed
(Outlook revised from Stable)
Vardhman Nisshinbo Garments Co. Ltd Proposed LT Bk CRISIL A+ 157.8 Reaffirmed
Loan Fac
(Outlook revised from Stable)
Vayas Multi-trading Pvt Ltd CC CRISIL B 82.2 Reaffirmed
VMT Spinning Co. Ltd CC# CRISIL AA 60 Reaffirmed
(Outlook revised from Stable),
#Interchangeable with packing credit and bill discounting
VMT Spinning Co. Ltd CC* CRISIL AA 90 Reaffirmed
(Outlook revised from Stable),
*Interchangeable with Packing Credit & includes sub limit of Rs 2.5 crore for foreign bills
purchase/ foreign bills discounting
VMT Spinning Co. Ltd Proposed TL CRISIL AA 267.5 Reaffirmed
(Outlook revised from Stable)
VMT Spinning Co. Ltd TL CRISIL AA 322.5 Reaffirmed
(Outlook revised from Stable)
VMT Spinning Co. Ltd WC Fac CRISIL AA 150 Reaffirmed
(Outlook revised from Stable)
VVC Motors Pvt Ltd CC CRISIL BB+ 200 Migrated from
CRISIL BBB-
(Issuer Not Cooperating)
Western Bio Vegetable Seeds Pvt Ltd Proposed CC Limit CRISIL B+ 100 Withdrawn
Western Bio Vegetable Seeds Pvt Ltd Proposed TL CRISIL B+ 20 Withdrawn
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected
CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.
BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.
(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at
rru.data@thomsonreuters.com)
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