Feb 23 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of February 22, 2017. COMPANY
INSTRUMENT
RATING
AMOUNT MOVEMENT
(RS.MLN) ------
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------
----- --------- SHORT TERM RATINGS: ------------------- 20 Microns Ltd
BG
CRISIL A4+
20
Reaffirmed 20 Microns Ltd
Foreign Exchange CRISIL A4+
20.8
Reaffirmed
Forward 20 Microns Ltd
Inland/Import LOC CRISIL A4+
270
Reaffirmed Alok Ingots (Mumbai) Pvt Ltd
BG
CRISIL A4+
10
Upgraded from
CRISIL A4 Alok Ingots (Mumbai) Pvt Ltd
LOC
CRISIL A4+
50
Upgraded from
CRISIL A4 Aqua Alloys Pvt Ltd
BG
CRISIL A3
40
Reaffirmed Aqua Alloys Pvt Ltd
Foreign
CRISIL A3
10
Reaffirmed
Discounting Bill
Purchase# # Interchangeable with cash credit Aqua Alloys Pvt Ltd
Inland/Import LOC CRISIL A3
10
Reaffirmed Aqua Alloys Pvt Ltd
Packing Credit*
CRISIL A3
20
Reaffirmed
* Interchangeable with cash credit Aqua Alloys Pvt Ltd
Sales Bill
CRISIL A3
20
Reaffirmed
Discounting Britto Amusements Pvt Ltd
BG
CRISIL A4+
2.3
Reaffirmed Dr. Lal Pathlabs Ltd
BG
CRISIL A1+
5
Reassigned Eastern Copper Manufacturing Company
BG
CRISIL D
20
Downgraded Pvt Ltd
from CRISIL A4 Eastern Copper Manufacturing Company
CC
CRISIL D
38.8
Downgraded Pvt Ltd
from CRISIL A4 Eastern Copper Manufacturing Company
Foreign
CRISIL D
30
Downgraded Pvt Ltd
Discounting Bill
from CRISIL A4
Purchase Ellenbarrie Tea And Industries Ltd
BG
CRISIL A4
5
Assigned Enayat Overseas
Export Packing
CRISIL A3
270
Upgraded
Credit & Export
from CRISIL
Bills Negotiation/Foreign Bill discountingA4+ Ethix Clothing
BG
CRISIL A4+
30
Reaffirmed Kartik Construction Company
BG
CRISIL A4
30
Reaffirmed KKSPUN India Ltd
BG
CRISIL A2+
2970
Upgraded from
CRISIL A2 KKSPUN India Ltd
LOC
CRISIL A2+
420
Upgraded from
CRISIL A2 KKSPUN India Ltd
Proposed BG
CRISIL A2+
1630
Upgraded from
CRISIL A2 Mili Steels Pvt Ltd
LOC
CRISIL A4+
80
Reaffirmed R.K.Engineers Sales Ltd
BG
CRISIL A3+
450
Assigned Ratnamani Metals and Tubes Ltd
LOC & BG#
CRISIL A1+
7885
Reaffirmed #Interchangeable with buyer's credit/supplier's credit SFO Technologies Pvt Ltd
Proposed ST Bk
CRISIL A2+
174
Assigned
Loan Fac SFO Technologies Pvt Ltd
Packing Credit
CRISIL A2+
2065
Assigned SFO Technologies Pvt Ltd
LOC
CRISIL A2+
426
Assigned Unique Ship Breaking Corporation
LOC
CRISIL A4+
400
Assigned Vodafone (LON:VOD) India Ltd
LOC & BG*
CRISIL A1+
169903.8Reaffirmed
* Interchangeable between Vodafone India Ltd and Vodafone Mobile Services Ltd Vodafone India Ltd
Proposed ST Bk
CRISIL A1+
5113.9 Reaffirmed
Loan Fac Vodafone Mobile Services Ltd
LOC & BG*
CRISIL A1+
30780 Reaffirmed Vodafone Mobile Services Ltd
Proposed ST Bk
CRISIL A1+
3369.2 Reaffirmed
Loan Fac Vodafone Mobile Services Ltd
ST Loan
CRISIL A1+
6278.2 Reaffirmed Vodafone Mobile Services Ltd
CP
CRISIL A1+
20000 Reaffirmed Wellbore Engineering Company
BG
CRISIL D
6
Downgraded
from CRISIL A4 Yazdani Steel and Power Ltd
LOC
CRISIL D
63.2
Downgraded
from CRISIL A4 LONG TERM RATINGS: ------------------- 20 Microns Ltd
CC
CRISIL BB
610
Upgraded
from CRISIL
BB- 20 Microns Ltd
Corporate Loan
CRISIL BB
141.3 Upgraded
from CRISIL
BB- 20 Microns Ltd
Funded Interest TL CRISIL BB
127.9 Upgraded
from CRISIL
BB- 20 Microns Ltd
LT Loan
CRISIL BB
540.7 Upgraded
from CRISIL
BB- 20 Microns Ltd
Proposed LT Bk
CRISIL BB
19.3
Upgraded
Loan Fac
from CRISIL
BB- 20 Microns Nano Minerals Ltd
CC
CRISIL BB
45
Upgraded from
CRISIL BB- 20 Microns Nano Minerals Ltd
Proposed LT Bk
CRISIL BB
37
Upgraded from
Loan Fac
CRISIL BB- 20 Microns Nano Minerals Ltd
TL
CRISIL BB
38
Upgraded from
CRISIL BB- Alok Ingots (Mumbai) Pvt Ltd
CC
CRISIL BB-
90
Upgraded from
CRISIL B+ Alok Ingots (Mumbai) Pvt Ltd
Proposed LT Bk
CRISIL BB-
119.7 Upgraded from
Loan Fac
CRISIL B+ Alok Ingots (Mumbai) Pvt Ltd
TL
CRISIL BB-
36
Upgraded from
CRISIL B+ Aqua Alloys Pvt Ltd
CC
CRISIL BBB-
40
Reaffirmed Aqua Alloys Pvt Ltd
Proposed LT Bk
CRISIL BBB-
30
Reaffirmed
Loan Fac Arora Yarn Pvt Ltd
Buyer`s Credit
CRISIL B
10
Reaffirmed Arora Yarn Pvt Ltd
CC
CRISIL B
40
Reaffirmed Arora Yarn Pvt Ltd
TL
CRISIL B
18.6
Reaffirmed Aster DM Healthcare (Trivandrum) Pvt LtdLT Loan
CRISIL A-(SO) 3000
Assigned Bansal Starch And Foods Pvt Ltd
CC
CRISIL B
10
Reaffirmed Bansal Starch And Foods Pvt Ltd
LT Loan
CRISIL B
44
Reaffirmed Bansal Starch And Foods Pvt Ltd
Proposed LT Bk
CRISIL B
6
Reaffirmed
Loan Fac Bls Impex Pvt Ltd
CC
CRISIL B+
150
Reaffirmed Britto Amusements Pvt Ltd
Proposed LT Bk
CRISIL BB-
7.7
Reaffirmed
Loan Fac Britto Amusements Pvt Ltd
Secured Overdraft CRISIL BB-
80
Reaffirmed
Fac Dhariwal Industries Pvt Ltd
CC
CRISIL BB
110
Reaffirmed Dhariwal Industries Pvt Ltd
TL
CRISIL BB
588.7 Assigned Dhariwal Industries Pvt Ltd
Secured Overdraft CRISIL BB
60
Assigned
Fac Dhariwal Industries Pvt Ltd
Proposed LT Bk
CRISIL BB
203.9 Assigned
Loan Fac Dr. Lal Pathlabs Ltd
CC
CRISIL AA-
255
Reaffirmed Dr. Lal Pathlabs Ltd
Proposed LT Bk
CRISIL AA-
340
Reaffirmed
Loan Fac Eastern Copper Manufacturing Company
Bill Discounting CRISIL D
20
Downgraded Pvt Ltd
from CRISIL C Eastern Copper Manufacturing Company
LOC
CRISIL D
50
Downgraded Pvt Ltd
from CRISIL C Eastern Copper Manufacturing Company
Proposed FB Bk
CRISIL D
46.2
Downgraded Pvt Ltd
Limits
from CRISIL C Eastern Copper Manufacturing Company
WC TL
CRISIL D
45
Assigned Pvt Ltd Ellenbarrie Tea And Industries Ltd
Proposed FB Bk
CRISIL B+
17.5
Assigned
Limits Ellenbarrie Tea And Industries Ltd
LT Loan
CRISIL B+
15
Assigned Ellenbarrie Tea And Industries Ltd
CC
CRISIL B+
42.5
Assigned Enayat Overseas
Proposed FB Bk
CRISIL BBB-
39
Upgraded from
Limits
CRISIL BB+ Enayat Overseas
TL
CRISIL BBB-
36.9
Upgraded from
CRISIL BB+ Ess Emm Enterprises
CC
CRISIL B
70
Downgraded
from CRISIL B+ Ess Emm Enterprises
Proposed TL
CRISIL B
180
Downgraded
from CRISIL B+ Ethix Clothing
CC
CRISIL BB+
270
Upgraded from
CRISIL BB Govardhan Ispat (India) Pvt Ltd
CC
CRISIL BB
84.7
Assigned Govardhan Ispat (India) Pvt Ltd
LT Loan
CRISIL BB
117.8 Assigned Goyal Rice Mills - Moonak (Punjab)
Warehouse FinancingCRISIL B
80
Assigned Goyal Rice Mills - Moonak (Punjab)
CC
CRISIL B
50
Assigned Goyal Rice Mills - Moonak (Punjab)
TL
CRISIL B
14
Assigned Gurudeva Charitable Trust
Proposed LT Bk
CRISIL B-
45
Reaffirmed
Loan Fac Gurudeva Charitable Trust
Secured Overdraft CRISIL B-
60
Reaffirmed
Fac Gurudeva Charitable Trust
TL
CRISIL B-
105
Reaffirmed Gurudeva Charitable Trust
WC Demand Loan
CRISIL B-
60
Reaffirmed Jagmohan Motors Ltd
CC
CRISIL BBB
250
Upgraded
from CRISIL
BBB- Jagmohan Motors Ltd
Channel Financing CRISIL BBB
95
Upgraded
from CRISIL
BBB- Jagmohan Motors Ltd
Proposed LT Bk
CRISIL BBB
5
Upgraded
Loan Fac
from CRISIL
BBB- Kartik Construction Company
CC
CRISIL B
40
Reaffirmed Karuppaswamy Builders Pvt Ltd
TL
CRISIL B+
50
Assigned KKSPUN India Ltd
CC
CRISIL A-
600
Upgraded
from CRISIL
BBB+ KKSPUN India Ltd
Standby Line of
CRISIL A-
100
Upgraded
Credit
from CRISIL
BBB+ KKSPUN India Ltd
TL
CRISIL A-
480
Upgraded
from CRISIL
BBB+ Maa Kamakhya Multipurpose Himghar Pvt Proposed LT Bk
CRISIL B-
120
Reaffirmed Ltd
Loan Fac Manjunatha Agro Foods LLP
Proposed CC Limit CRISIL B
100
Assigned Manjunatha Agro Foods LLP
Proposed LT Bk
CRISIL B
20
Assigned
Loan Fac Mili Steels Pvt Ltd
CC
CRISIL BB
40
Reaffirmed Mili Steels Pvt Ltd
Proposed LT Bk
CRISIL BB
50
Reaffirmed
Loan Fac Mili Steels Pvt Ltd
WC Demand Loan
CRISIL BB
120
Reaffirmed Nagarsheth Shipbreakers
Line of Credit
CRISIL D
850
Reaffirmed R M Dhariwal (HUF)
CC
CRISIL BB
70
Reaffirmed R M Dhariwal (HUF)
TL
CRISIL BB
152
Assigned R M Dhariwal (HUF)
Proposed LT Bk
CRISIL BB
128
Assigned
Loan Fac R.K.Engineers Sales Ltd
CC
CRISIL BBB
30
Assigned R.K.Engineers Sales Ltd
Proposed FB Bk
CRISIL BBB
40
Assigned
Limits Ratnamani Metals and Tubes Ltd
CC*
CRISIL AA
675
Reaffirmed *Interchangeable with export packing credit/packing credit in foreign currency SFO Technologies Pvt Ltd
Proposed LT Bk
CRISIL A-
750
Assigned
Loan Fac SFO Technologies Pvt Ltd
LT Loan
CRISIL A-
85
Assigned Shagun Realty
LT Loan
CRISIL BB-
200
Downgraded
from CRISIL BB Sharma Construction Co-Amritsar
CC
CRISIL BB-
50
Assigned Sharma Construction Co-Amritsar
TL
CRISIL BB-
10
Assigned Shree Krishna Homes Pvt Ltd
TL
CRISIL BB
140
Reaffirmed Signet Corporation
TL
CRISIL B
90
Assigned Silver Oak Shops and Office
TL
CRISIL B+
413.2 Reaffirmed Co-Operative Housing Society Ltd Sri Krishna Nutritions India Pvt Ltd
CC
CRISIL BB-
65
Reaffirmed Sri Krishna Nutritions India Pvt Ltd
TL
CRISIL BB-
35
Reaffirmed Tata Capital Financial Services Ltd
Perpetual Bonds
CRISIL AA
-
Upgraded from
CRISIL AA- Tata Capital Financial Services Ltd
NCD
CRISIL AA+
-
Reaffirmed Tata Capital Financial Services Ltd
Subordinated Debt CRISIL AA+
-
Reaffirmed Unique Ship Breaking Corporation
CC#
CRISIL BB-
50
Assigned #Fully interchangeable with Letter of credit facility USK Agro Sciences
CC
CRISIL B
50
Assigned USK Agro Sciences
LT Loan
CRISIL B
15
Assigned Veekesy Slippers India Pvt Ltd
CC
CRISIL BB+
70
Upgraded from
CRISIL BB Veekesy Slippers India Pvt Ltd
Proposed LT Bk
CRISIL BB+
15
Upgraded from
Loan Fac
CRISIL BB Veekesy Slippers India Pvt Ltd
TL
CRISIL BB+
15
Upgraded from
CRISIL BB Vision Metalik Company
CC
CRISIL B+
40
Reaffirmed Vision Metalik Company
TL
CRISIL B+
58
Reaffirmed Vodafone India Ltd
CC & WC demand loanCRISIL AA
15000 Reaffirmed Vodafone India Ltd
External
CRISIL AA
1990.4 Reaffirmed
Commercial
Borrowings^ ^ Facility of Rs.199.03 crore is INR equivalent of USD 44 million hedged at Rs.45.2350/USD Vodafone India Ltd
LOC & BG*
CRISIL AA
30000 Reaffirmed
* Interchangeable between Vodafone India Ltd and Vodafone Mobile Services Ltd Vodafone India Ltd
LT Loan
CRISIL AA
1000
Reaffirmed Vodafone India Ltd
Proposed LT Bk
CRISIL AA
22780 Reaffirmed
Loan Fac Vodafone Mobile Services Ltd
External
CRISIL AA
4171.7 Reaffirmed
Commercial
Borrowings^ ^ Facility of Rs.417.17 crore is INR equivalent of USD 92 million hedged at Rs.45.2350/USD
Vodafone Mobile Services Ltd
LT Bk Fac
CRISIL AA
4772.5 Reaffirmed Vodafone Mobile Services Ltd
Rupee TL
CRISIL AA
628.4 Reaffirmed Vodafone Mobile Services Ltd
NCD*
CRISIL AA
35000 Reaffirmed *The above NCDs were earlier subordinated to external debt. Now, the subordination clause has been removed. Vodafone Mobile Services Ltd
NCD*
CRISIL AA
40000 Reaffirmed *The above NCDs were earlier subordinated to external debt. Now, the subordination clause has been removed. Wellbore Engineering Company
CC
CRISIL D
10
Downgraded
from CRISIL B+ Wellbore Engineering Company
Proposed LT Bk
CRISIL D
68.5
Downgraded
Loan Fac
from CRISIL B+ Wellbore Engineering Company
TL
CRISIL D
35.5
Downgraded
from CRISIL B+ Yazdani Steel and Power Ltd
CC
CRISIL D
166.1 Downgraded
from CRISIL C Yazdani Steel and Power Ltd
Funded Interest TL CRISIL D
54.2
Downgraded
from CRISIL C Yazdani Steel and Power Ltd
Proposed FB Bk
CRISIL D
100.7 Downgraded
Limits
from CRISIL C Yazdani Steel and Power Ltd
TL
CRISIL D
473.8 Downgraded
from CRISIL C Yazdani Steel and Power Ltd
WC TL
CRISIL D
114.4 Downgraded
from CRISIL C -------------------------------------------------------------------------------------------- $: 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.