Dec 26 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of December 24, 2019.
COMPANY INSTRUMENT RATING AMOUNT MOVEMENT
(RS.MLN)
------ ---------- ------ ----- ---------
SHORT TERM RATINGS:
-------------------
Acumen Overseas Pvt Ltd BG CRISIL A3+ 270
Upgraded from CRISIL A3
Adhunik Infrastructures Pvt Ltd BG CRISIL A3+ 680 Reaffirmed
Adhunik Infrastructures Pvt Ltd Proposed ST Bk CRISIL A3+ 230 Reaffirmed
Loan Fac
Alclad Fabrication Pvt Ltd BG CRISIL A4+ 30
Assigned; Suspension Revoked
Alliance Vitrified Pvt Ltd BG CRISIL A4 25
(Issuer not cooperating); Revised from CRISIL A4+
Allweld Engineers Pvt Ltd BG CRISIL A4 10
Revised from CRISIL A4 to CRISIL D and simultaneously upgraded to CRISIL A4
Al-Noor Exports Export Packing CRISIL A4+ 300 Reaffirmed
Credit
Alpha Corp Development Pvt Ltd BG CRISIL A3 300 Reaffirmed
Amara Raja Infra Pvt Ltd LOC & BG^ CRISIL A2 875 Reaffirmed
Ami Cylinders BG CRISIL A4+ 20 Reaffirmed
Amrutanjan Health Care Ltd Overdraft CRISIL A1 20 Reaffirmed
Arora Industries Export Performance CRISIL A4+ 6 Reaffirmed
Guarantee
Arora Industries LOC CRISIL A4+ 51 Reaffirmed
Arora Knit Fab Pvt Ltd Export Performance CRISIL A4+ 5 Reaffirmed
Guarantee
Arora Knit Fab Pvt Ltd Inland/Import LOC CRISIL A4+ 17.5 Reaffirmed
Ascent Air Pvt Ltd BG CRISIL A3+ 205
Upgraded from CRISIL A3
Astam Healthcare Pvt Ltd BG CRISIL A4+ 15 Assigned
Atlantic Polymers Pvt Ltd Bill Discounting CRISIL A4+ 10 Reaffirmed
under LOC
Atlantic Polymers Pvt Ltd Inland/Import LOC CRISIL A4+ 100 Reaffirmed
Bos Natural Flavors Pvt Ltd LOC CRISIL A4+ 11
(Issuer not cooperating)
Cadila Healthcare Ltd BG CRISIL A1+ 500 Reaffirmed
Cadila Healthcare Ltd LOC CRISIL A1+ 1000 Reaffirmed
Cadila Healthcare Ltd CP CRISIL A1+ 2500 Reaffirmed
Choice Equity Broking Pvt Ltd BG CRISIL A3 300 Reaffirmed
CORE Energy Systems Pvt Ltd BG CRISIL A4 37
(Issuer not cooperating)
CORE Energy Systems Pvt Ltd Inland/Import LOC CRISIL A4 23
(Issuer not cooperating)
Dalmia Laminators Ltd BG CRISIL A4+ 50
Revised from CRISIL A4+; Rating Withdrawn;(Issuer not cooperating)
Dalmia Laminators Ltd LOC CRISIL A4+ 120
Revised from CRISIL A4+;(Issuer not cooperating); Rating Withdrawn
Deepak Kumar Agrawal BG CRISIL A4+ 70
(Issuer not cooperating)
Deepak Kumar Agrawal Proposed ST Bk CRISIL A4+ 100
Loan Fac
(Issuer not cooperating)
Duhee Alloy Steel Processors Proposed ST Bk CRISIL A3+ 10 Reaffirmed
Loan Fac
Economic Explosives Ltd LOC & BG CRISIL A1+ 550 Reaffirmed
Economic Explosives Ltd LOC & BG# CRISIL A1+ 180 Reaffirmed
#Interchangeable with other non-fund based facilities
Ekbotes Logs and Lumbers Pvt Ltd BG CRISIL A4 25
(Issuer not cooperating); Revised from CRISIL A4+
Ekbotes Logs and Lumbers Pvt Ltd LOC CRISIL A4 20
(Issuer not cooperating); Revised from CRISIL A4+
E-Meditek Insurance TPA Ltd BG CRISIL A4 80
(Issuer not cooperating)
Empire Silk Wvg Industries BG CRISIL A4 2.5
(Issuer not cooperating); Revised from CRISIL A4+
Empire Silk Wvg Industries Export Packing CRISIL A4 27.5
Credit & Export
Bills Negotiation/Foreign Bill discounting
(Issuer not cooperating); Revised from CRISIL A4+
Encon Fabricators Pvt Ltd BG CRISIL A4 30
(Issuer not cooperating); Revised from CRISIL A4+
Encon Fabricators Pvt Ltd LOC CRISIL A4 10
(Issuer not cooperating); Revised from CRISIL A4+
Export Import Bank of India ST CD Programme* CRISIL A1+ 190089 Reaffirmed
Export Import Bank of India CP Programme* CRISIL A1+ 190089 Reaffirmed
Focus Edu-Care Pvt Ltd BG CRISIL A4 12.5
(Issuer not cooperating); Revised from CRISIL A4+
Focus Edumatics Pvt Ltd Foreign CRISIL A4 75
Discounting Bill
Purchase
(Issuer not cooperating); Revised from CRISIL A4+
Gayathri Milk Dairy Pvt Ltd Overdraft CRISIL A4+ 80 Assigned
Global Footwear Packing Credit in CRISIL A4 60
Foreign Currency
(Issuer not cooperating); Revised from CRISIL A4+
INFINA Finance Pvt Ltd CP Issue* CRISIL A1+ 60000 Assigned
INFINA Finance Pvt Ltd CP Issue CRISIL A1+ 12000 Reaffirmed
INFINA Finance Pvt Ltd CP Issue* CRISIL A1+ 45350 Withdrawn
INFINA Finance Pvt Ltd CP Issue* CRISIL A1+ 50000 Withdrawn
Interarch Building Products Pvt Ltd BG^ CRISIL A2 400 Reaffirmed
^Interchangeable with letter of credit to the extent of Rs.8 crores
Interarch Building Products Pvt Ltd BG# CRISIL A2 400 Reaffirmed
# Interchangeable with letter of credit to the extent of 50%
Interarch Building Products Pvt Ltd BG** CRISIL A2 150 Reaffirmed
**Interchangeable with LC
Interarch Building Products Pvt Ltd BG& CRISIL A2 150 Reaffirmed
& Sublimit of fund based limits to the extent of Rs.5 crores
Interarch Building Products Pvt Ltd BG@@ CRISIL A2 200 Reaffirmed
@@ Interchangeable with Inland LC/FLC
Interarch Building Products Pvt Ltd BG CRISIL A2 250 Reaffirmed
Interarch Building Products Pvt Ltd LOC^^ CRISIL A2 270 Reaffirmed
^^Fully interchangeable with bank guarantee
Jaksons Developers Pvt Ltd BG CRISIL A4+ 97.7
(Issuer not cooperating)
Kajah Trading Pvt Ltd Overdraft CRISIL A4 50 Reaffirmed
KNK Projects Pvt Ltd BG CRISIL A4+ 120 Reaffirmed
KNK Projects Pvt Ltd Proposed BG CRISIL A4+ 60 Reaffirmed
Krishna Coil Cutters Pvt Ltd Bill Discounting CRISIL A3 50 Reaffirmed
Krishna Coil Cutters Pvt Ltd LOC CRISIL A3 400 Reaffirmed
Krishna Sheet Processors Pvt Ltd LOC CRISIL A3+ 850 Reaffirmed
Krishna Sheet Processors Pvt Ltd LOC Bill CRISIL A3+ 200 Reaffirmed
Discounting
Laxveer Ceramic LLP BG CRISIL A4+ 20 Reaffirmed
Liva Pharmaceuticals Ltd BG CRISIL A1+(CE) 400 Reaffirmed
LOF Constructions BG CRISIL A4 55 Reaffirmed
Lumax Auto Technologies Ltd CP CRISIL A1+ 500 Reaffirmed
Magbro Healthcare Pvt Ltd LOC CRISIL A4 20
(Issuer not cooperating)
Manappuram Finance Ltd CP CRISIL A1+ 40000 Reaffirmed
Mascot Forge Pvt Ltd BG CRISIL A3+ 12.5 Reaffirmed
Mascot Forge Pvt Ltd LOC CRISIL A3+ 35 Reaffirmed
Nahar Spinning Mills Ltd LOC# CRISIL A1 1650 Reaffirmed
#Interchangeable with bank guarantee/buyers credit
Nahar Spinning Mills Ltd CP CRISIL A1 235 Reaffirmed
Niranjan Sharma BG CRISIL A4+ 100
Upgraded from CRISIL A4
Niranjan Sharma Proposed ST Bk CRISIL A4+ 87.1
Loan Fac
Upgraded from CRISIL A4
Om Sai Surgicals BG CRISIL A4 2.5
Reaffirmed and Withdrawn
PNB Gilts Ltd CP CRISIL A1+ 2500 Reaffirmed
R L Agro Foods Pvt Ltd Packing Credit CRISIL A4 150
(Issuer not cooperating); Revised from CRISIL A4+
Rajul Builders BG CRISIL A4 0.5
(Issuer not cooperating); Revised from CRISIL A4+
Roots Cooling Systems Pvt Ltd BG CRISIL A4 90
(Issuer not cooperating); Revised from CRISIL A4+
Roots Cooling Systems Pvt Ltd LOC CRISIL A4 20
(Issuer not cooperating); Revised from CRISIL A4+
S. B. Khakal BG CRISIL A4 30
(Issuer not cooperating); Revised from CRISIL A4+
S. B. Khakal LOC CRISIL A4 20
(Issuer not cooperating); Revised from CRISIL A4+
Sahajanand Technologies Pvt Ltd Proposed ST Bk CRISIL A4+ 360 Reaffirmed
Loan Fac
Saicon Tiles Pvt Ltd BG CRISIL A4 5
(Issuer not cooperating)
Sanjay Kumar Agrawal BG CRISIL A4 120
(Issuer not cooperating); Revised from CRISIL A4+
Santosh Ltd Cheque Purchase CRISIL A4+ 1 Assigned
Shardashree Ispat Ltd BG CRISIL A3 40 Reaffirmed
Shree Shyam Texturising - Ahmedabad BG CRISIL A4 8
(Issuer not cooperating)
Solar Industries India Ltd LOC & BG CRISIL A1+ 2150 Reaffirmed
Solar Industries India Ltd LOC & BG% CRISIL A1+ 480 Reaffirmed
%Interchangeable with other non-fund based facilities
Solar Industries India Ltd CP CRISIL A1+ 500 Reaffirmed
Solas Fire Safety Equipment Pvt Ltd BG CRISIL A4 55
(Issuer not cooperating)
Sondhi Ram Gian Chand BG CRISIL A4 48.6
(Issuer not cooperating)
Sundaram-Clayton Ltd BG CRISIL A1+ 60 Reaffirmed
Sundaram-Clayton Ltd LOC CRISIL A1+ 750 Reaffirmed
Sunflora Vitrified Pvt Ltd BG CRISIL A4 55
(Issuer not cooperating); Revised from CRISIL A4+
Swastik Plyboard Ltd BG CRISIL A4 20
(Issuer not cooperating)
Swastik Plyboard Ltd LOC CRISIL A4 15
(Issuer not cooperating)
Teeam Score Foreign Bill CRISIL A4 10 Reaffirmed
Purchase
Teeam Score Overdraft CRISIL A4 20 Reaffirmed
The Bank of Nova Scotia CDs Programme CRISIL A1+ 5000 Reaffirmed
Topaz Piping Industries BG CRISIL A4 30
(Issuer not cooperating); Revised from CRISIL A4+
Topaz Piping Industries Inland/Import LOC CRISIL A4 30
(Issuer not cooperating); Revised from CRISIL A4+
Torrent Gas Pvt Ltd BG^ CRISIL A1+(CE) 10000 Reaffirmed
United Heat Transfer Pvt Ltd BG CRISIL A4+ 50 Assigned
Vijay Iron and Steel Industries LOC CRISIL A4+ 50 Assigned
Vishal Nirmiti Pvt Ltd BG CRISIL A4 60
(Issuer not cooperating)
Vishal Nirmiti Pvt Ltd LOC & BG CRISIL A4 450
(Issuer not cooperating)
Weaverly Jute Mills Pvt Ltd BG CRISIL A4 25
(Issuer not cooperating); Revised from CRISIL A4+
Wellknown Polyesters Ltd BG CRISIL A1+ 650 Reaffirmed
Wellknown Polyesters Ltd CP CRISIL A1+ 2000 Reaffirmed
Welset Plast Extursions Pvt Ltd BG CRISIL A4+ 10
Migrated from CRISIL A4+; (Issuer not cooperating); Rating Withdrawn
Welset Plast Extursions Pvt Ltd LOC CRISIL A4+ 120
Migrated from CRISIL A4+; (Issuer not cooperating); Rating Withdrawn
Yogesh Cycle Industries (Regd) Post Shipment CRISIL A4+ 14 Assigned
Credit
Yogesh Cycle Industries (Regd) Foreign Exchange CRISIL A4+ 2.2 Assigned
Forward
Yogesh Cycle Industries (Regd) Packing Credit CRISIL A4+ 26 Assigned
Zydus Healthcare Ltd LOC** CRISIL A1+ 100 Reaffirmed
**Fully interchangeable with bank guarantee
Zydus Hospira Oncology Pvt Ltd LOC** CRISIL A1 595
**Interchangeable with PC, packing credit in foreign currency (PCFC), bill purchase (BP),
foreign bill purchase (FBP), bill discounting (BD), foreign bill discounting (FBD),
post-shipment demand loan (PSDL), letter of credit, and bank guarantee;Downgraded from CRISIL
AA-/Stable
Zydus Hospira Oncology Pvt Ltd Proposed ST Bk CRISIL A1 185
Loan Fac
Downgraded from CRISIL A1+
Zydus Hospira Oncology Pvt Ltd ST Loan@ CRISIL A1 300 Downgraded
from CRISIL
A1+
@Sub-limit of Rs 30 crore overdraft; interchangeable with pre-shipment credit (PC), letter of
credit, and bank guarantee
MEDIUM TERM RATINGS:
-------------------
Export Import Bank of India Term Deposit FAAA/Stable Reaffirmed
Programme
LONG TERM RATINGS:
-------------------
Adhunik Infrastructures Pvt Ltd CC CRISIL 190
BBB/Negative
Outlook revised from Stable and rating reaffirmed
Adhunik Infrastructures Pvt Ltd Proposed LT Bk CRISIL 100
Loan Fac BBB/Negative
Outlook revised from Stable and rating reaffirmed
Alclad Fabrication Pvt Ltd Bill Discounting CRISIL 10
BB/Stable
Assigned; Suspension Revoked
Alclad Fabrication Pvt Ltd CC CRISIL 65
BB/Stable
Assigned; Suspension Revoked
Alidac Pharmaceuticals Ltd LOC* CRISIL 1000 Reaffirmed
AA+(CE)/Stable
*Fully interchangeable with buyers credit and is for purchase of capital goods
Alliance Vitrified Pvt Ltd CC CRISIL 80
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Alliance Vitrified Pvt Ltd LT Loan CRISIL 32.5
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Alliance Vitrified Pvt Ltd Proposed LT Bk CRISIL 13
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Allweld Engineers Pvt Ltd CC CRISIL 45
B-/Stable
Revised from CRISIL B/Stable to CRISIL D and simultaneously upgraded to CRISIL B-/Stable
Allweld Engineers Pvt Ltd Proposed LT Bk CRISIL 35.9
Loan Fac B-/Stable
Revised from CRISIL B/Stable to CRISIL D and simultaneously upgraded to CRISIL B-/Stable
Al-Noor Exports Export Packing CRISIL 100 Assigned
Credit BB/stable
Alpha Corp Development Pvt Ltd TL CRISIL 2700 Reaffirmed
BBB-/Stable
Alpha Corp Development Pvt Ltd NCD CRISIL 1210 Reaffirmed
BBB-/Stable
Alpha Corp Development Pvt Ltd NCD CRISIL 290 Reaffirmed
BBB-/Stable
Amara Raja Infra Pvt Ltd CC CRISIL 325 Reaffirmed
BBB+/Negative
Amara Raja Infra Pvt Ltd TL CRISIL 600 Reaffirmed
BBB+/Negative
Amara Raja Infra Pvt Ltd Proposed LT Bk CRISIL 600
Loan Fac BBB+/Negative
Ami Cylinders CC CRISIL 130
BB-/Stable
Downgraded from CRISIL BB/Stable
Amrutanjan Health Care Ltd CC CRISIL 80 Reaffirmed
A-/Stable
Amrutanjan Health Care Ltd Proposed LT Bk CRISIL 80 Reaffirmed
Loan Fac A-/Stable
Amrutanjan Health Care Ltd Secured Overdraft CRISIL 20 Reaffirmed
against term A-/Stable
deposits
Anand Rice Mills CC CRISIL 200
B+/Stable
Revised from CRISIL BB/Stable (Issuer not cooperating)
Anand Rice Mills Export Packing CRISIL 90
Credit B+/Stable
Revised from CRISIL BB/Stable (Issuer not cooperating)
Anand Rice Mills Proposed LT Bk CRISIL 95.8
Loan Fac B+/Stable
Revised from CRISIL BB/Stable (Issuer not cooperating)
Anand Rice Mills TL CRISIL 14.2
B+/Stable
Revised from CRISIL BB/Stable (Issuer not cooperating)
Annapurna Udyog CC CRISIL 120
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Annapurna Udyog CC-Stock CRISIL 30
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Apex Healthcare Ltd CC CRISIL 75
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Apex Healthcare Ltd Proposed CC Limit CRISIL 28.9
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Arora Industries CC CRISIL 540 Reaffirmed
BB-/Stable
Arora Industries Rupee TL CRISIL 53 Reaffirmed
BB-/Stable
Arora Knit Fab Pvt Ltd CC CRISIL 460 Reaffirmed
BB-/Stable
Arora Knit Fab Pvt Ltd Proposed LT Bk CRISIL 10.5 Reaffirmed
Loan Fac BB-/Stable
Arora Knit Fab Pvt Ltd TL CRISIL 87 Reaffirmed
BB-/Stable
Arun Ginning and Pressing Industrial CC CRISIL 40
Corporation B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Arun Ginning and Pressing Industrial Proposed TL CRISIL 13.5
Corporation B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Arun Ginning and Pressing Industrial TL CRISIL 6.5
Corporation B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Astam Healthcare Pvt Ltd CC CRISIL 65 Assigned
BB/Stable
Atlantic Polymers Pvt Ltd CC CRISIL 40 Reaffirmed
BB/Stable
Bank of Baroda Tier I Bonds CRISIL 30000 Reaffirmed
(Under Basel III) AA+/Negative
Bank of Baroda Tier I Bonds CRISIL 18500 Reaffirmed
(Under Basel III) AA+/Negative
Bank of Baroda Lower Tier-II CRISIL 8500 Reaffirmed
Bonds (Under Basel AAA/Stable
II)*
Bank of Baroda Tier-II Bond Issue CRISIL 20000 Reaffirmed
(Under Basel III) AAA/Stable
Bank of Baroda Tier I Perpetual CRISIL 9498 Reaffirmed
Bonds (Under Basel AAA/Stable
II)
Bank of Baroda Upper Tier II CRISIL 20000 Reaffirmed
Bonds (Under Basel AAA/Stable
II)
Bos Natural Flavors Pvt Ltd CC CRISIL 30
BB+/Stable
(Issuer not cooperating)
Bos Natural Flavors Pvt Ltd Export Packing CRISIL 95
Credit BB+/Stable
(Issuer not cooperating)
Bos Natural Flavors Pvt Ltd LT Loan CRISIL 9
BB+/Stable
(Issuer not cooperating)
Bos Natural Flavors Pvt Ltd Packing Credit CRISIL 55
BB+/Stable
(Issuer not cooperating)
Cadila Healthcare Ltd CC* CRISIL AA+ 13000 Reaffirmed
* Fully interchangeable with Working capital demand loan and Packing credit in Foreign Currency
Cadila Healthcare Ltd LT Loan CRISIL 18198 Reaffirmed
AA+/Stable
Cadila Healthcare Ltd Proposed LT Bk CRISIL 3072 Reaffirmed
Loan Fac AA+/Stable
Cadila Healthcare Ltd NCD CRISIL 1250 Reaffirmed
AA+/Stable
Choice Equity Broking Pvt Ltd Overdraft CRISIL 650 Reaffirmed
BBB-/Stable
Choice Equity Broking Pvt Ltd Proposed LT Bk CRISIL 150 Assigned
Loan Fac BBB-/Stable
Clara Swain Hospital J.V. TL CRISIL D 75
(Issuer not cooperating)
Clayris Ceramics Pvt Ltd BG CRISIL D 40
(Issuer not cooperating)
Clayris Ceramics Pvt Ltd CC CRISIL D 100
(Issuer not cooperating)
Clayris Ceramics Pvt Ltd LOC CRISIL D 20
(Issuer not cooperating)
Clayris Ceramics Pvt Ltd LT Loan CRISIL D 283.6
(Issuer not cooperating)
Clayris Ceramics Pvt Ltd Proposed LT Bk CRISIL D 3.6
Loan Fac
(Issuer not cooperating)
CORE Energy Systems Pvt Ltd CC CRISIL 55
B+/Stable
(Issuer not cooperating)
CORE Energy Systems Pvt Ltd Proposed LT Bk CRISIL 5
Loan Fac B+/Stable
(Issuer not cooperating)
Cosmos Business Machines CC CRISIL 40
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
DA Egg Industries TL CRISIL B/Stable270 Assigned
Dalmia Laminators Ltd CC CRISIL 790
BB+/Stable
Revised from CRISIL BB+/Stable;(Issuer not cooperating); Rating Withdrawn
Dalmia Laminators Ltd LT Loan CRISIL 420
BB+/Stable
Revised from CRISIL BB+/Stable;(Issuer not cooperating); Rating Withdrawn
Deepak Kumar Agrawal CC CRISIL 20
BB-/Stable
(Issuer not cooperating)
Deepak Kumar Agrawal Proposed BG CRISIL 30
BB-/Stable
(Issuer not cooperating)
Deepak Kumar Agrawal Proposed CC Limit CRISIL 30
BB-/Stable
(Issuer not cooperating)
Dima Products CC CRISIL 10 Reaffirmed
BBB-/Stable
Dima Products TL CRISIL 67.5 Reaffirmed
BBB-/Stable
DK Infrastructure Pvt Ltd BG CRISIL 470
B+/Stable
Revised from CRISIL BB+/Stable (Issuer not cooperating)
DK Infrastructure Pvt Ltd CC CRISIL 90
B+/Stable
Revised from CRISIL BB+/Stable (Issuer not cooperating)
DK Infrastructure Pvt Ltd Proposed BG CRISIL 190
B+/Stable
Revised from CRISIL BB+/Stable (Issuer not cooperating)
Duhee Alloy Steel Processors CC CRISIL 100
BBB/Stable
Outlook revised from Positive and rating reaffirmed
Duhee Alloy Steel Processors Proposed LT Bk CRISIL 10
Loan Fac BBB/Stable
Outlook revised from Positive and rating reaffirmed
Durga Hardware And Mill Store CC CRISIL 60
B+/Stable
(Issuer not cooperating)
Durga Hardware And Mill Store Proposed LT Bk CRISIL 65
Loan Fac B+/Stable
(Issuer not cooperating)
Economic Explosives Ltd CC^ CRISIL 150
AA+/Stable
Upgraded from CRISIL AA/Positive;^Interchangibility to non fund based facility
Economic Explosives Ltd CC* CRISIL 682.5
AA+/Stable
Upgraded from CRISIL AA/Positive;*Interchangeable with other fund based facilities
Economic Explosives Ltd TL CRISIL 1687.5
AA+/Stable
Upgraded from CRISIL AA/Positive
Ekbotes Logs and Lumbers Pvt Ltd CC CRISIL 30
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB+/Stable
E-Meditek Insurance TPA Ltd CC CRISIL 150
B+/Stable
(Issuer not cooperating)
E-Meditek Insurance TPA Ltd LT Loan CRISIL 18.8
B+/Stable
(Issuer not cooperating)
E-Meditek Insurance TPA Ltd Proposed LT Bk CRISIL 151.2
Loan Fac B+/Stable
(Issuer not cooperating)
Empire Silk Wvg Industries CC CRISIL 7.5
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB+/Stable
Empire Silk Wvg Industries Proposed LT Bk CRISIL 6.1
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB+/Stable
Empire Silk Wvg Industries TL CRISIL 36.4
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB+/Stable
Encon Fabricators Pvt Ltd CC CRISIL 22.5
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Export Import Bank of India Tier-1 Bonds Under CRISIL 11000 Reaffirmed
Basel III AA+/Stable
Export Import Bank of India External CRISIL 1360 Reaffirmed
Commercial AAA/Stable
Borrowings
Export Import Bank of India Proposed LT Bk CRISIL 28640 Reaffirmed
Loan Fac AAA/Stable
Export Import Bank of India LT CD Programme CRISIL 190089 Reaffirmed
AAA/Stable
Export Import Bank of India Bonds Issue CRISIL 50000 Reaffirmed
AAA/Stable
Export Import Bank of India Bonds Issue CRISIL 50000 Reaffirmed
AAA/Stable
Export Import Bank of India Bonds Rs.45531.9 CRISIL 455319 Reaffirmed
Crore AAA/Stable
Focus Edu-Care Pvt Ltd CC/ Overdraft Fac CRISIL 30
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Focus Edu-Care Pvt Ltd LT Loan CRISIL 16
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Focus Edu-Care Pvt Ltd Proposed LT Bk CRISIL 16.5
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Focus Edumatics Pvt Ltd Proposed LT Bk CRISIL 2.5
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Focus Edumatics Pvt Ltd TL CRISIL 7.5
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
G and G International Pvt Ltd CC CRISIL 68.5
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
G and G International Pvt Ltd Proposed LT Bk CRISIL 35.9
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
G and G International Pvt Ltd TL CRISIL 20.6
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
G M Cot Fibers CC CRISIL 70
B+/Stable
(Issuer not cooperating)
G M Cot Fibers Proposed LT Bk CRISIL 2
Loan Fac B+/Stable
(Issuer not cooperating)
G M Cot Fibers TL CRISIL 28
B+/Stable
(Issuer not cooperating)
Garg Steels Udyog India Pvt Ltd Open CC CRISIL 400 Reaffirmed
BBB-/Stable
Gayathri Milk Dairy Pvt Ltd Proposed WC Fac CRISIL 40 Assigned
BB/Stable
Gayathri Milk Dairy Pvt Ltd LT Loan CRISIL 10 Assigned
BB/Stable
Global Footwear Bill Discounting CRISIL 20
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Global Footwear Proposed LT Bk CRISIL 32.3
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Global Footwear TL CRISIL 37.7
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Globe Steels Pvt Ltd CC CRISIL 100 Reaffirmed
BBB/Stable
Gujarat Gas Ltd Proposed TL CRISIL 1350
AA+/Stable
Upgraded from CRISIL AA/Positive
Gujarat Gas Ltd TL CRISIL 22150
AA+/Stable
Upgraded from CRISIL AA/Positive
Humana Financial Services Pvt Ltd Proposed LT Bk CRISIL 200 Assigned
Loan Fac BB/Stable
Ingress Autoventures India Pvt Ltd Overdraft CRISIL 100
BB+/Stable
Migrated from CRISIL BB+/Stable (Issuer not cooperating)
Interarch Building Products Pvt Ltd CC CRISIL 150 Reaffirmed
BBB+/Negative
Interarch Building Products Pvt Ltd CC% CRISIL 150 Reaffirmed
BBB+/Negative
% Interchangeable with Working capital demand loan to the extent of Rs.5 crores
Interarch Building Products Pvt Ltd CC* CRISIL 30 Reaffirmed
BBB+/Negative
*Interchangeable with Letter of credit and Working capital demand loan
Interarch Building Products Pvt Ltd CC*** CRISIL 50 Reaffirmed
BBB+/Negative
***Interchangeable with working capital demand loan and sales invoice discounting
Interarch Building Products Pvt Ltd Proposed LT Bk CRISIL 1100 Reaffirmed
Loan Fac BBB+/Negative
Jaksons Developers Pvt Ltd CC CRISIL 30
BB-/Stable
(Issuer not cooperating); Revised from CRISIL BB/Negative
Jaksons Developers Pvt Ltd Proposed LT Bk CRISIL 1466.5
Loan Fac BB-/Stable
(Issuer not cooperating); Revised from CRISIL BB/Negative
Jaksons Developers Pvt Ltd TL CRISIL 355.8
BB-/Stable
(Issuer not cooperating); Revised from CRISIL BB/Negative
Jaya Poultry Farm CC CRISIL D 40
Downgraded from CRISIL B+/Stable
Jaya Poultry Farm TL CRISIL D 60
Downgraded from CRISIL B+/Stable
Kajah Trading Pvt Ltd CC/ Overdraft Fac CRISIL 15
B-/Stable
Downgraded from CRISIL B+/Stable
Krishna Coil Cutters Pvt Ltd CC CRISIL 210 Reaffirmed
BBB-/Stable
Krishna Sheet Processors Pvt Ltd CC CRISIL 500 Reaffirmed
BBB/Stable
Lakshmigraha Enterprises CC CRISIL 330
BB-/Stable
Upgraded from CRISIL B+/Stable
Lakshmigraha Enterprises Channel Financing CRISIL 75
BB-/Stable
Upgraded from CRISIL B+/Stable
Lakshmigraha Enterprises Inventory Funding CRISIL 5
Fac BB-/Stable
Upgraded from CRISIL B+/Stable
Lakshmigraha Enterprises Proposed CC Limit CRISIL 5
BB-/Stable
Upgraded from CRISIL B+/Stable
Laxveer Ceramic LLP CC CRISIL 80
BB+/Stable
Upgraded from CRISIL BB/Stable
Laxveer Ceramic LLP TL CRISIL 170
BB+/Stable
Upgraded from CRISIL BB/Stable
Liva Pharmaceuticals Ltd Rupee TL CRISIL 600 Reaffirmed
AA+(CE)/Stable
LOF Constructions CC CRISIL 85 Reaffirmed
B+/Stable
Lumax Auto Technologies Ltd CC* CRISIL 800 Reaffirmed
A+/Positive
*Interchangeable with working capital demand loan
Lumax Auto Technologies Ltd Non-FBL CRISIL 70 Reaffirmed
A+/Positive
Lumax Auto Technologies Ltd Vendor Bill CRISIL 350 Reaffirmed
Discounting Limits A+/Positive
Lumax Cornaglia Auto Technologies Pvt Fund & NFBL* CRISIL 50 Reaffirmed
Ltd BBB+/Stable
*Interchangeable with Cash Credit/Working capital demand loan/Export Credit/Supply bill
discounting/Bank guarantee/Letter of Credit
Lumax Cornaglia Auto Technologies Pvt Proposed FB Bk CRISIL 50 Reaffirmed
Ltd Limits BBB+/Stable
Lumax Cornaglia Auto Technologies Pvt WC Demand Loan CRISIL 50 Reaffirmed
Ltd BBB+/Stable
Lumax FAE Technologies Pvt Ltd CC CRISIL 20 Reaffirmed
BBB+/Stable
Lumax FAE Technologies Pvt Ltd TL CRISIL 140 Reaffirmed
BBB+/Stable
c Auto Technologies Pvt CC** CRISIL 90
Ltd BBB/Negative
**Interchangeable with working capital demand loan, Sales bill discounting of Rs 5 crore, Bank
guarantee of Rs 2 crore;Outlook revised from Stable and rating reaffirmed
Lumax Gill-Austem Auto Technologies Pvt Proposed LT Bk CRISIL 40
Ltd Loan Fac BBB/Negative
Outlook revised from Stable and rating reaffirmed
Lumax Management Services Pvt Ltd Proposed LT Bk CRISIL 100 Reaffirmed
Loan Fac A+/Positive
M J Group of Industries Proposed CC Limit CRISIL B/Stable5 Withdrawn
M J Group of Industries Proposed LT Bk CRISIL B/Stable45 Withdrawn
Loan Fac
M J Group of Industries Proposed TL CRISIL B/Stable50 Withdrawn
Magbro Healthcare Pvt Ltd CC CRISIL 70
B-/Stable
(Issuer not cooperating)
Manappuram Finance Ltd NCD CRISIL 3500 Assigned
AA/Stable
Manappuram Finance Ltd NCD CRISIL 34575 Reaffirmed
AA/Stable
Manjusha Healthcare Pvt Ltd TL CRISIL D 150
Downgraded from CRISIL B-/Stable
Mascot Forge Pvt Ltd CC CRISIL 85 Reaffirmed
BBB/Stable
Outlook revised from Positive and rating reaffirmed
Mascot Forge Pvt Ltd Proposed LT Bk CRISIL 21 Reaffirmed
Loan Fac BBB/Stable
Outlook revised from Positive and rating reaffirmed
MIL Vehicles and Technologies Pvt Ltd Proposed LT Bk CRISIL 100 Assigned
Loan Fac B+/Stable
Muthayammal Educational and Charitable LT Loan CRISIL 65 Reaffirmed
Trust BB/Stable
Muthayammal Educational and Charitable Overdraft CRISIL 65 Reaffirmed
Trust BB/Stable
Nahar Spinning Mills Ltd CC* CRISIL A 10000 Reaffirmed
*Interchangeable with packing credit foreign currency/overdraft;Outlook revised from Stable and
rating reaffirmed
Nahar Spinning Mills Ltd Proposed LT Bk CRISIL 1541.9
Loan Fac A/Negative
Outlook revised from Stable and rating reaffirmed
Nahar Spinning Mills Ltd Proposed TL CRISIL 75
A/Negative
Outlook revised from Stable and rating reaffirmed
Nahar Spinning Mills Ltd TL CRISIL 1817.1
A/Negative
Outlook revised from Stable and rating reaffirmed
Naik Seafoods Pvt Ltd Foreign Bill CRISIL 450 Assigned
Discounting BB/Stable
NeuroGen Brain And Spine Institute Proposed TL CRISIL 100
BB/Stable
Upgraded from CRISIL BB-/Stable
NeuroGen Brain And Spine Institute TL CRISIL 120
BB/Stable
Upgraded from CRISIL BB-/Stable
Niranjan Sharma CC CRISIL 10
BB-/Stable
Upgraded from CRISIL B+/Stable
Niranjan Sharma TL CRISIL 2.9
BB-/Stable
Upgraded from CRISIL B+/Stable
Om Sai Surgicals CC CRISIL 49.5
B+/Stable
Reaffirmed and Withdrawn
Om Sai Surgicals Proposed WC Fac CRISIL 28
B+/Stable
Reaffirmed and Withdrawn
Prince Gold and Diamonds India Pvt Ltd CC CRISIL 1550 Reaffirmed
BBB/Stable
Prince Gold and Diamonds India Pvt Ltd CC & WC demand loanCRISIL 750 Reaffirmed
BBB/Stable
Prince Gold and Diamonds India Pvt Ltd Cash TL CRISIL 65 Reaffirmed
BBB/Stable
Prince Gold and Diamonds India Pvt Ltd Cash TL CRISIL 40 Reaffirmed
BBB/Stable
Prince Gold and Diamonds India Pvt Ltd Proposed LT Bk CRISIL 5 Reaffirmed
Loan Fac BBB/Stable
Prince Gold and Diamonds India Pvt Ltd WC Demand Loan CRISIL 300 Assigned
BBB/Stable
R L Agro Foods Pvt Ltd CC CRISIL 290
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
R L Agro Foods Pvt Ltd Line of Credit CRISIL 10
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
R L Agro Foods Pvt Ltd Warehouse FinancingCRISIL 50
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
R. K. Lighting Pvt Ltd Bill Discounting CRISIL 145
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
R. K. Lighting Pvt Ltd CC CRISIL 20
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
R. K. Lighting Pvt Ltd Proposed LT Bk CRISIL 35
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Rama Marketing Enterprises CC CRISIL 350 Reaffirmed
BB/Stable
Rattan Hammers Proposed LT Bk CRISIL 20 Reaffirmed
Loan Fac BB/Stable
Ribbel International Ltd Buyer`s Credit CRISIL 26.5
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Ribbel International Ltd CC CRISIL 10
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Ribbel International Ltd Export Packing CRISIL 25
Credit B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Ribbel International Ltd Proposed TL CRISIL 63.5
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Roots Cooling Systems Pvt Ltd CC CRISIL 99
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Roots Cooling Systems Pvt Ltd Proposed CC Limit CRISIL 11
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
S. B. Khakal CC CRISIL 50
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
S. B. Khakal Proposed LT Bk CRISIL 20
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
S.K. Foods CC CRISIL 90
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
S.K. Foods Proposed LT Bk CRISIL 11
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
S.K. Foods TL CRISIL 24
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Sahajanand Technologies Pvt Ltd CC CRISIL 290
BB/Stable
Downgraded from CRISIL BB+/Stable
Saicon Tiles Pvt Ltd CC CRISIL B/Stable25
(Issuer not cooperating)
Saicon Tiles Pvt Ltd Proposed LT Bk CRISIL B/Stable42.5
Loan Fac
(Issuer not cooperating)
Saicon Tiles Pvt Ltd TL CRISIL B/Stable52.5
(Issuer not cooperating)
Samay Cotton CC CRISIL 50
B+/Stable
(Issuer not cooperating)
Samay Cotton LT Loan CRISIL 8.7
B+/Stable
(Issuer not cooperating)
Sanjay Kumar Agrawal CC CRISIL 1
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Sant Bhagatram Ginning and Pressing CC CRISIL 65
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Santosh Fine-Fab Ltd CC CRISIL 55
BB/Stable
(Issuer not cooperating)
Santosh Fine-Fab Ltd Standby Line of CRISIL 5
Credit BB/Stable
(Issuer not cooperating)
Santosh Ltd TL CRISIL 59 Assigned
BB/Stable
Santosh Ltd CC CRISIL 210 Assigned
BB/Stable
Shardashree Ispat Ltd CC CRISIL 125 Reaffirmed
BBB-/Stable
Shardashree Ispat Ltd Proposed LT Bk CRISIL 285 Reaffirmed
Loan Fac BBB-/Stable
Shiv Cottex - Kadi CC CRISIL 70
B+/Stable
(Issuer not cooperating)
Shiv Cottex - Kadi LT Loan CRISIL 18
B+/Stable
(Issuer not cooperating)
Shiv Cottex - Kadi Proposed LT Bk CRISIL 12
Loan Fac B+/Stable
(Issuer not cooperating)
Shree Riddhi Siddhi Buildwell Ltd TL CRISIL 500
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Shree Shyam Texturising - Ahmedabad CC CRISIL B/Stable11.4
(Issuer not cooperating)
Shree Shyam Texturising - Ahmedabad TL CRISIL B/Stable33.4
(Issuer not cooperating)
Siddheshwari Paper Mill CC CRISIL 10
B+/Stable
(Issuer not cooperating)
Siddheshwari Paper Mill Proposed LT Bk CRISIL 20.5
Loan Fac B+/Stable
(Issuer not cooperating)
Siddheshwari Paper Mill TL CRISIL 49.5
B+/Stable
(Issuer not cooperating)
Sky Wheels Pvt Ltd CC CRISIL 20
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Sky Wheels Pvt Ltd Electronic Dealer CRISIL 50
Financing B+/Stable
Scheme(e-DFS)
(Issuer not cooperating); Revised from CRISIL BB-/Stable
SMH Shipping Pvt Ltd Foreign LOC CRISIL 200
B-/Stable
Migrated from CRISIL B-/Stable (Issuer not cooperating)
Solar Industries India Ltd CC* CRISIL 550
AA+/Stable
*Interchangeable with other fund based facilities;Upgraded from CRISIL AA/Positive
Solar Industries India Ltd CC^ CRISIL 510
AA+/Stable
^Interchangeable with non-fund based facilities;Upgraded from CRISIL AA/Positive
Solar Industries India Ltd LOC & BG# CRISIL 1590
AA+/Stable
#Interchangeable with fund based facilities;Upgraded from CRISIL AA/Positive
Solar Industries India Ltd Proposed LT Bk CRISIL 532.5
Loan Fac AA+/Stable
Upgraded from CRISIL AA/Positive
Solar Industries India Ltd TL CRISIL 1687.5
AA+/Stable
Upgraded from CRISIL AA/Positive
Solas Fire Safety Equipment Pvt Ltd CC CRISIL 44.5
B+/Stable
(Issuer not cooperating)
Solas Fire Safety Equipment Pvt Ltd Proposed LT Bk CRISIL 40.5
Loan Fac B+/Stable
(Issuer not cooperating)
Sondhi Ram Gian Chand CC CRISIL 9
B+/Stable
(Issuer not cooperating)
Sravya Infra Projects Pvt Ltd LT Loan CRISIL 210 Reaffirmed
B+/Stable
Sravya Infra Projects Pvt Ltd Proposed LT Bk CRISIL 60 Reaffirmed
Loan Fac B+/Stable
Sri Balambika Textile Mills Pvt Ltd CC CRISIL 250
BB/Stable
Upgraded from CRISIL BB-/Stable
Sri Balambika Textile Mills Pvt Ltd Proposed LT Bk CRISIL 62.5
Loan Fac BB/Stable
Upgraded from CRISIL BB-/Stable
Sri Balambika Textile Mills Pvt Ltd TL CRISIL 143
BB/Stable
Upgraded from CRISIL BB-/Stable
Sri Srinivasa Agro Products CC CRISIL 60
B+/Stable
(Issuer not cooperating)
Sri Srinivasa Agro Products Proposed LT Bk CRISIL 10
Loan Fac B+/Stable
(Issuer not cooperating)
SRM Spinners Ltd CC CRISIL 60
BB/Stable
Migrated from CRISIL BB/Stable (Issuer not cooperating); Rating Withdrawn
SRM Spinners Ltd LT Loan CRISIL 286.5
BB/Stable
Migrated from CRISIL BB/Stable (Issuer not cooperating); Rating Withdrawn
Stepping Stone Educational Society LT Loan CRISIL B/Stable50
(Issuer not cooperating)
Stepping Stone Educational Society Overdraft CRISIL B/Stable19
(Issuer not cooperating)
Sundaram-Clayton Ltd Buyer`s Credit* CRISIL 400 Reaffirmed
AA-/Stable
*Interchangeable with cash credit
Sundaram-Clayton Ltd CC# CRISIL 2100 Reaffirmed
AA-/Stable
#Interchangeable with packing credit in foreign currency (PCFC)/Bills Discounting/Short Term
Loans
Sundaram-Clayton Ltd CC# CRISIL 250 Reaffirmed
AA-/Stable
#Interchangeable with packing credit in foreign currency (PCFC)/Bills Discounting/Short Term
Loans
Sundaram-Clayton Ltd External CRISIL 1725.6 Reaffirmed
Commercial AA-/Stable
Borrowings
Sundaram-Clayton Ltd FCNR (B) LT Loan CRISIL 1450 Reaffirmed
AA-/Stable
Sundaram-Clayton Ltd LOC CRISIL 750 Reaffirmed
AA-/Stable
Sundaram-Clayton Ltd Rupee TL CRISIL 1000 Reaffirmed
AA-/Stable
Sundaram-Clayton Ltd Proposed LT Bk CRISIL 1032.4 Reaffirmed
Loan Fac AA-/Stable
Sunflora Vitrified Pvt Ltd CC CRISIL 85
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Sunflora Vitrified Pvt Ltd LT Loan CRISIL 110
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB-/Stable
Swastik Plyboard Ltd CC CRISIL 30
B-/Stable
(Issuer not cooperating)
Techops Infrastructure Pvt Ltd TL CRISIL 100
B+/Stable
(Issuer not cooperating)
Teeam Score LT Loan CRISIL B/Stable20 Reaffirmed
Tirupati Wellness LLP CC CRISIL 120
BB/Watch
Positive
Continues on Rating Watch with Positive Implications
Tirupati Wellness LLP TL CRISIL 230
BB/Watch
Positive
Continues on Rating Watch with Positive Implications
Topaz Piping Industries CC CRISIL 20
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Topaz Piping Industries Proposed LT Bk CRISIL 20
Loan Fac B+/Stable
(Issuer not cooperating); Revised from CRISIL BB/Stable
Total Packaging Services CC CRISIL 220 Reaffirmed
BBB/Stable
Total Packaging Services TL CRISIL 112 Reaffirmed
BBB/Stable
U. S. Metal Products CC CRISIL 50
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB+/Stable
U. S. Metal Products LT Loan CRISIL 17
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB+/Stable
United Heat Transfer Pvt Ltd WC Demand Loan CRISIL 7.5 Assigned
BB-/Stable
United Heat Transfer Pvt Ltd CC CRISIL 42.5 Assigned
BB-/Stable
United Heat Transfer Pvt Ltd Bill Discounting CRISIL 20 Assigned
BB-/Stable
Varsha Autolines CC CRISIL 20
B+/Stable
(Issuer not cooperating)
Varsha Autolines Proposed LT Bk CRISIL 5
Loan Fac B+/Stable
(Issuer not cooperating)
Varsha Autolines TL CRISIL 5 Reaffirmed
B+/Stable
(Issuer not cooperating)
VE-7 Ceramic BG CRISIL D 26.5
(Issuer not cooperating)
VE-7 Ceramic CC CRISIL D 30
(Issuer not cooperating)
VE-7 Ceramic LT Loan CRISIL D 69.5
(Issuer not cooperating)
Velavan Hyper Market CC CRISIL B/Stable80
(Issuer not cooperating)
Vijay Iron and Steel Industries CC CRISIL 100 Reaffirmed
BB/Stable
Vijay Iron and Steel Industries Proposed FB Bk CRISIL 70 Assigned
Limits BB/Stable
Vishal Nirmiti Pvt Ltd CC CRISIL 550
B+/Stable
(Issuer not cooperating)
Vishal Nirmiti Pvt Ltd Overdraft CRISIL 60
B+/Stable
(Issuer not cooperating)
Vishal Nirmiti Pvt Ltd Proposed LT Bk CRISIL 82.4
Loan Fac B+/Stable
(Issuer not cooperating)
Vishal Nirmiti Pvt Ltd Rupee TL CRISIL 170
B+/Stable
(Issuer not cooperating)
Weaverly Jute Mills Pvt Ltd CC CRISIL 115
B+/Stable
(Issuer not cooperating); Revised from CRISIL BB+/Stable
Weaverly Jute Mills Pvt Ltd Export Packing CRISIL 5
Credit B+/Stable
(Issuer not cooperating); Revised from CRISIL BB+/Stable
Wellknown Polyesters Ltd CC CRISIL 8880
AA-/Stable
Upgraded from CRISIL A+/Positive
Wellknown Polyesters Ltd External CRISIL 3900.3
Commercial AA-/Stable
Borrowings
Upgraded from CRISIL A+/Positive
Wellknown Polyesters Ltd Foreign Currency TLCRISIL 1506.8
AA-/Stable
Upgraded from CRISIL A+/Positive
Wellknown Polyesters Ltd Proposed WC Fac CRISIL 327.8
AA-/Stable
Upgraded from CRISIL A+/Positive
Wellknown Polyesters Ltd Rupee TL CRISIL 3235.1
AA-/Stable
Upgraded from CRISIL A+/Positive
Welset Plast Extursions Pvt Ltd CC CRISIL 240
BB+/Stable
Migrated from CRISIL BB+/Stable;(Issuer not cooperating); Rating Withdrawn
Welset Plast Extursions Pvt Ltd Proposed LT Bk CRISIL 5.2
Loan Fac BB+/Stable
Migrated from CRISIL BB+/Stable;(Issuer not cooperating); Rating Withdrawn
Welset Plast Extursions Pvt Ltd Standby Line of CRISIL 31
Credit BB+/Stable
Migrated from CRISIL BB+/Stable;(Issuer not cooperating); Rating Withdrawn
Welset Plast Extursions Pvt Ltd TL CRISIL 43.8
BB+/Stable
Migrated from CRISIL BB+/Stable;(Issuer not cooperating); Rating Withdrawn
Yogesh Cycle Industries (Regd) Proposed LT Bk CRISIL 14.8 Assigned
Loan Fac BB/Stable
YSM Buildcon Pvt Ltd TL CRISIL 2.6 Assigned
B+/Stable
YSM Buildcon Pvt Ltd CC CRISIL 7 Assigned
B+/Stable
YSM Buildcon Pvt Ltd Proposed LT Bk CRISIL 40.4 Assigned
Loan Fac B+/Stable
Ziv Hotels Pvt Ltd LT Loan CRISIL B/Stable70
Upgraded from CRISIL D
Ziv Hotels Pvt Ltd Rupee TL CRISIL B/Stable90
Upgraded from CRISIL D
Zydus Healthcare Ltd CC* CRISIL 1100 Reaffirmed
AA+/Stable
*Fully interchangeable with working capital demand loan
Zydus Hospira Oncology Pvt Ltd CC** CRISIL A+ 5
**Interchangeable with PC, packing credit in foreign currency (PCFC), bill purchase (BP),
foreign bill purchase (FBP), bill discounting (BD), foreign bill discounting(FBD), post-shipment
demand loan (PSDL), letter of credit, and bank guarantee;Downgraded from CRISIL AA-/Stable
Zydus Technologies Ltd LT Loan CRISIL 820 Reaffirmed
AA+(CE)/Stable
Zydus Technologies Ltd Proposed LT Bk CRISIL 1450 Reaffirmed
Loan Fac AA+(CE)/Stable
Zydus Wellness Ltd NCD CRISIL 15000 Reaffirmed
AA+/Stable
--------------------------------------------------------------------------------------------
$: 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)
Our Standards: The Thomson Reuters Trust Principles.