CRISIL ratings for Indian debt instruments-May 31

By Reuters / May 31, 2017 / in.investing.com / Article Link

May 31 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of May 30, 2017. COMPANY

INSTRUMENT

RATING

AMOUNT MOVEMENT

(RS.MLN) ------

----------

------

----- --------- SHORT TERM RATINGS: ------------------- Abacus

BG

CRISIL A4

11

Reaffirmed

(Issuer Not

Cooperating) Adnan Traders

Packing Credit

CRISIL A4

70

Reaffirmed Adnan Traders

Proposed ST Bk

CRISIL A4

10

Reaffirmed

Loan Fac Adpro Ceramics India Pvt Ltd

BG

CRISIL A4

2.5

Reaffirmed Adpro Ceramics India Pvt Ltd

Bill Purchase

CRISIL A4

20

Reaffirmed Adpro Ceramics India Pvt Ltd

LOC

CRISIL A4

12

Reaffirmed Amit Capacitors Ltd

LOC

CRISIL A4

60

Downgraded

from CRISIL

A4+ Issuer Not Cooperating Arun Polymers

LOC

CRISIL A4

75.5

Reaffirmed Issuer Not Cooperating Arun Polymers

Proposed ST Bk

CRISIL A4

9

Reaffirmed

Loan Fac Issuer Not Cooperating Arun Polymers

BG

CRISIL A4

1.5

Reaffirmed Issuer Not Cooperating Aspire Systems India Pvt Ltd

Packing Credit in CRISIL A2+

150

Reaffirmed

Foreign Currency Avaneesh Logistics Pvt Ltd

BG

CRISIL A4+

40

Reaffirmed Balkrishna Industries (NS:BLKI) Ltd

LOC & BG*

CRISIL A1+

3600

Reaffirmed *Includes Rs 100 crore interchangeable as packing credit

Balkrishna Industries Ltd

Packing Credit

CRISIL A1+

4550

Reaffirmed Buland Construction

BG

CRISIL A4+

67.5

Reaffirmed Buland Construction

Overdraft

CRISIL A4+

20

Reaffirmed Chandi Mata Cold Storage Pvt Ltd

BG

CRISIL A4

1

Reaffirmed Issuer Not Cooperating Divya Global Pvt Ltd

Foreign

CRISIL A4+

20

Reaffirmed

Discounting Bill

Purchase East End Silks Pvt Ltd

BG

CRISIL A3

25

Reaffirmed East End Silks Pvt Ltd

Foreign Bill

CRISIL A3

35

Reaffirmed

Discounting East End Silks Pvt Ltd

LOC

CRISIL A3

15

Reaffirmed East End Silks Pvt Ltd

Packing Credit

CRISIL A3

45

Reaffirmed Electro Copper and Alloys Manufacturing BG

CRISIL A4+

25

Reaffirmed Company Electro Copper and Alloys Manufacturing Bill Discounting CRISIL A4+

10

Reaffirmed Company Electro Copper and Alloys Manufacturing Foreign Bill

CRISIL A4+

10

Reaffirmed Company

Purchase Electro Copper and Alloys Manufacturing Inland/Import LOC CRISIL A4+

50

Reaffirmed Company Electro Copper and Alloys Manufacturing Packing Credit

CRISIL A4+

10

Reaffirmed Company G.S. Alloy Castings Ltd

BG

CRISIL A4

2.5

Reaffirmed G.S. Alloy Castings Ltd

LOC

CRISIL A4

2.5

Reaffirmed Goodrich Gasket Pvt Ltd

BG

CRISIL A4+

7.5

Reaffirmed Goodrich Gasket Pvt Ltd

Packing Credit

CRISIL A4+

5

Reaffirmed GPI Projects Pvt Ltd

BG

CRISIL A4+

27.5

Reaffirmed GPI Projects Pvt Ltd

Inland/Import LOC CRISIL A4+

20

Reaffirmed Gujarat Co-Operative Milk Marketing

Inland/Import LOC**CRISIL A1+

500

Reaffirmed Federation Ltd **Interchangeable with inland guarantees Gujarat Co-Operative Milk Marketing

ST Bk Fac

CRISIL A1+

300

Reaffirmed Federation Ltd Himalaya Communications Ltd

LOC & BG

CRISIL A4+

215

Assigned HVK International Pvt Ltd

Foreign Exchange CRISIL A3+

10

Reaffirmed

Forward HVK International Pvt Ltd

Packing Credit

CRISIL A3+

120

Reaffirmed HVK International Pvt Ltd

Post Shipment

CRISIL A3+

80

Reaffirmed

Credit Jain Housing and Constructions Ltd

Overdraft

CRISIL A4+

75

Reaffirmed Juhu Beach Resorts Ltd

BG

CRISIL A1

65

Reaffirmed Kohinoor Ropes Pvt Ltd

BG

CRISIL A3

5

Assigned Kottex Industries Pvt Ltd

LOC

CRISIL A3+

240

Assigned Kottex Industries Pvt Ltd

BG

CRISIL A3+

13

Assigned Kunjal Synergies Pvt Ltd

LOC

CRISIL A3

305

Reaffirmed Kunjal Synergies Pvt Ltd

Proposed NFBL

CRISIL A3

325

Reaffirmed Laxmi Agni Components and Forgings Pvt Bill Discounting CRISIL A3

130

Reaffirmed Ltd M. E. Energy Pvt Ltd

BG

CRISIL A4

100

Reaffirmed Maharashtra Aluminium and Alloys Pvt LtdLOC

CRISIL A4

20

Reaffirmed Makson Health Care Pvt Ltd

LOC

CRISIL A3+

87.8

Upgraded from

CRISIL A4+ PE Engineers Pvt Ltd

Bill Discounting CRISIL A4+

15

Reaffirmed

under LOC PE Engineers Pvt Ltd

Overdraft

CRISIL A4+

15

Reaffirmed R. G. International Pvt Ltd

Packing Credit

CRISIL A4+

150

Reaffirmed Raghav Trading Corporation

BG

CRISIL A4+

40

Assigned S. B. Packagings Ltd

Proposed NFBL

CRISIL A2

10

Assigned S. M. Exports

Bill Discounting CRISIL A4+

25

Reaffirmed S. M. Exports

Foreign LOC

CRISIL A4+

5

Reaffirmed Savorit Ltd

Overdraft

CRISIL A4

190

Assigned SCOPE T & M Pvt Ltd

BG

CRISIL A3+

200

Upgraded from

CRISIL A3 Sree Durga Cashew Factory

Packing Credit

CRISIL A4

140

Downgraded

from CRISIL

BB- Issuer Not Cooperating Sri City Pvt Ltd

BG

CRISIL A3+

100

Reaffirmed Sri City Pvt Ltd

LOC & BG

CRISIL A3+

100

Reaffirmed Sri Lakshmi Constructions

BG

CRISIL A4

10

Reaffirmed Steelex Electrocast Pvt Ltd

LOC

CRISIL A4+

18

Reaffirmed Subasree Jewellers

BG

CRISIL A4

18.5

Assigned Suryamitra Exim Pvt Ltd

BG

CRISIL A4+

0.6

Downgraded

from CRISIL A3 Suryamitra Exim Pvt Ltd

LOC

CRISIL A4+

8.5

Downgraded

from CRISIL A3 Suryamitra Exim Pvt Ltd

Post Shipment

CRISIL A4+

400

Downgraded

Credit

from CRISIL A3 Suryamitra Exim Pvt Ltd

Proposed ST Bk

CRISIL A4+

50

Downgraded

Loan Fac

from CRISIL A3 Swastik Panels Pvt Ltd

LOC*

CRISIL A4

30

Reaffirmed *Includes sub limit of Rs.2.50 crore for buyer's credit Tata Ceramics Ltd

BG

CRISIL A3

5

Reaffirmed Tata Ceramics Ltd

Export Packing

CRISIL A3

185

Reaffirmed

Credit Tata Ceramics Ltd

LOC

CRISIL A3

45

Reaffirmed Tata Ceramics Ltd

Non-FBL

CRISIL A3

130

Reaffirmed The Buxa Dooars Tea Co. India Ltd

BG

CRISIL D

10

Downgraded

from CRISIL A4 The Jewelry Co

Export Packing

CRISIL A2

50

Reaffirmed

Credit The Jewelry Co

Proposed ST Bk

CRISIL A2

100

Reaffirmed

Loan Fac The National Small Industries

CP

CRISIL A1+

10000 Reaffirmed Corporation Ltd Thirumathi Muthammal Textiles Pvt Ltd BG

CRISIL A4

0.8

Downgraded

from CRISIL

A4+ Thirumathi Muthammal Textiles Pvt Ltd Proposed BG

CRISIL A4

5.5

Downgraded

from CRISIL

A4+ Thomas Cook (NS:THOM) India Ltd

BG ##

CRISIL A1+

2650

Reaffirmed ## Facility of Rs 162.0 crore interchangeable with letter of credit to the extent of Rs 25.0 crore Thomas Cook India Ltd

LOC ^^

CRISIL A1+

1800

Reaffirmed ^^ Facility of Rs 75.0 crore interchangeable with BG and post-shipment credit in foreign currency (PSFC) to the extent of Rs.25 crore Thomas Cook India Ltd

Overdraft @@

CRISIL A1+

740

Reaffirmed @@ Facility of Rs 49.0 crore interchangeable with Letter of Credit to the extent of Rs.25 crore; facility of Rs 15.0 crore fully interchangeable with Letter of Credit and Bank Guarantee Transnational

LOC

CRISIL A4

62

Reaffirmed Transnational

Proposed Buyer

CRISIL A4

10

Reaffirmed

Credit Limit TRIL Infopark Ltd

BG

CRISIL A2+

1500

Reaffirmed Trinetra Constructions

BG

CRISIL A4

100

Downgraded

from CRISIL

A4+ Issuer Not Cooperating V. Jayantilal and Co.

Bill Discounting CRISIL A4

110

Reaffirmed V. Jayantilal and Co.

Packing Credit

CRISIL A4

70

Reaffirmed Vinar Systems Pvt Ltd

BG

CRISIL A3

360

Downgraded

from CRISIL

A3+ Vinar Systems Pvt Ltd

LOC

CRISIL A3

60

Downgraded

from CRISIL

A3+ VST Industries (NS:VSTI) Ltd

LOC & BG

CRISIL A1+

600

Reaffirmed Wagad Infraprojects Pvt Ltd

BG

CRISIL A4

100

Downgraded

from CRISIL

A4+ Issuer Not Cooperating LONG TERM RATINGS: ------------------- Abacus

CC

CRISIL B

15.5

Downgraded

from CRISIL

B+ Abacus

Proposed CC Limit CRISIL B

31

Downgraded

from CRISIL

B+ Abacus

TL

CRISIL B

23.5

Downgraded

from CRISIL

B+ ACE Augusta

Project Loan

CRISIL B

99

Downgraded

from CRISIL

B+ Issuer Not Cooperating Adpro Ceramics India Pvt Ltd

CC

CRISIL B

27.5

Downgraded

from CRISIL B+ Adpro Ceramics India Pvt Ltd

TL

CRISIL B

8

Downgraded

from CRISIL B+ Aggarwal Industries.

CC

CRISIL B

75

Downgraded

from CRISIL B+ Issuer Not Cooperating Al Ammar Frozen Foods Exports Pvt. Ltd TL

CRISIL B

95

Downgraded

from CRISIL B+ Issuer Not Cooperating Amit Capacitors Ltd

Bill Discounting CRISIL B

15

Downgraded

from CRISIL

BB- Issuer Not Cooperating Amit Capacitors Ltd

CC

CRISIL B

100

Downgraded

from CRISIL

BB- Issuer Not Cooperating Arun Polymers

CC

CRISIL B

35

Downgraded

from CRISIL B+ Arun Polymers

SME Credit

CRISIL B

2.5

Downgraded

from CRISIL B+ Arun Polymers

TL

CRISIL B

24

Downgraded

from CRISIL B+ Aspire Systems India Pvt Ltd

Proposed LT Bk

CRISIL A-

400

Reaffirmed

Loan Fac Aspire Systems India Pvt Ltd

TL

CRISIL A-

50

Reaffirmed Auro Sundram International Pvt Ltd

CC

CRISIL B

300

Assigned Avaneesh Logistics Pvt Ltd

CC

CRISIL BB

40

Reaffirmed Balkrishna Industries Ltd

CC

CRISIL AA-

100

Reaffirmed Balkrishna Industries Ltd

Proposed LT Bk

CRISIL AA-

1750

Reaffirmed

Loan Fac Balkrishna Industries Ltd

LOC & BG

WD

250

Withdrawal Balkrishna Industries Ltd

Packing Credit

WD

500

Withdrawal Bhavesh Ginning Industries

CC

CRISIL B

80

Reaffirmed Buland Construction

Proposed LT Bk

CRISIL BB

37.5

Reaffirmed

Loan Fac Chandi Mata Cold Storage Pvt Ltd

CC

CRISIL B-

44

Reaffirmed Chandi Mata Cold Storage Pvt Ltd

Proposed LT Bk

CRISIL B-

4.3

Reaffirmed

Loan Fac Chandi Mata Cold Storage Pvt Ltd

TL

CRISIL B-

20.7

Reaffirmed Divya Global Pvt Ltd

Packing Credit

CRISIL BB+

110

Upgraded from

CRISIL BB Electro Copper and Alloys Manufacturing CC

CRISIL BB-

70

Reaffirmed Company Electro Copper and Alloys Manufacturing Proposed LT Bk

CRISIL BB-

42.5

Reaffirmed Company

Loan Fac Electro Copper and Alloys Manufacturing TL

CRISIL BB-

7.5

Reaffirmed Company Fiza Exports Pvt Ltd

CC

CRISIL BB-

45

Assigned Fiza Exports Pvt Ltd

Proposed LT Bk

CRISIL BB-

15

Assigned

Loan Fac Fresh Chicken Trading

CC

CRISIL B+

17.5

Assigned Fresh Chicken Trading

Proposed LT Bk

CRISIL B+

32.5

Assigned

Loan Fac G.S. Alloy Castings Ltd

CC

CRISIL B

50

Reaffirmed G.S. Alloy Castings Ltd

LT Loan

CRISIL B

70

Assigned Genie Commercial Ventures Pvt Ltd

NCD

CRISIL BB+

850

Reaffirmed Globsyn Technologies Ltd

Overdraft

CRISIL B

84

Downgraded

from CRISIL B+ Issuer Not Cooperating Goodrich Gasket Pvt Ltd

CC

CRISIL BB

45

Downgraded

from CRISIL

BB+ Goodrich Gasket Pvt Ltd

Proposed LT Bk

CRISIL BB

72.5

Downgraded

Loan Fac

from CRISIL

BB+ GPI Projects Pvt Ltd

CC

CRISIL BB-

12.5

Reaffirmed Gujarat Co-Operative Milk Marketing

CC

CRISIL AAA

359

Reaffirmed Federation Ltd Gujarat Co-Operative Milk Marketing

CC*

CRISIL AAA

1600

Reaffirmed Federation Ltd *Interchangeable with short-term advance limit Gujarat Co-Operative Milk Marketing

CC#

CRISIL AAA

930

Reaffirmed Federation Ltd #Interchangeable with working capital demand loan Gujarat Co-Operative Milk Marketing

WC Demand Loan

CRISIL AAA

500

Reaffirmed Federation Ltd Gujarat Co-Operative Milk Marketing

WC Demand Loan@

CRISIL AAA

1000

Reaffirmed Federation Ltd @Interchangeable with cash credit Gujarat Co-Operative Milk Marketing

WC Demand Loan^

CRISIL AAA

500

Reaffirmed Federation Ltd ^Interchangeable with packing credit Hariyana Ship Breakers Ltd

LOC

CRISIL B+

4000

Reaffirmed Hariyana Ship Demolition Pvt Ltd

LOC

CRISIL B+

2000

Reaffirmed HDFC High Interest Fund - Dynamic Plan HDFC Income Fund CRISIL AAAmfs -

Reaffirmed HDFC High Interest Fund - Dynamic Plan HDFC High Interest CRISIL AAAmfs -

Reaffirmed

Fund - Dynamic Plan HDFC Income Fund and HDFC High Interest HDFC Income Fund CRISIL AAAmfs -

Reaffirmed Fund - Dynamic Plan HDFC Income Fund and HDFC High Interest HDFC High Interest CRISIL AAAmfs -

Reaffirmed Fund - Dynamic Plan

Fund - Dynamic Plan Hemkunt Rice Mills Pvt Ltd

CC

CRISIL B+

50

Reaffirmed Hemkunt Rice Mills Pvt Ltd

Proposed LT Bk

CRISIL B+

37.5

Reaffirmed

Loan Fac Hemkunt Rice Mills Pvt Ltd

TL

CRISIL B+

12.5

Reaffirmed Himalaya Communications Ltd

CC

CRISIL BB

50

Assigned HVK International Pvt Ltd

Packing Credit

CRISIL BBB

1062.5 Reaffirmed HVK International Pvt Ltd

Post Shipment

CRISIL BBB

2498.5 Reaffirmed

Credit HVK International Pvt Ltd

Proposed LT Bk

CRISIL BBB

1050

Reaffirmed

Loan Fac HVK International Pvt Ltd

Standby Line of

CRISIL BBB

639

Reaffirmed

Credit Jain Housing and Constructions Ltd

Corporate Loan

CRISIL BB-

1000

Downgraded

from CRISIL

BB+ Jain Housing and Constructions Ltd

TL

CRISIL BB-

900

Downgraded

from CRISIL

BB+ Jain Housing and Constructions Ltd

NCD

CRISIL BB-

2200

Downgraded

from CRISIL

BB+ Jamals

LT Loan

CRISIL BB-

15

Downgraded

from CRISIL BB Jamals

Proposed TL

CRISIL BB-

85

Downgraded

from CRISIL BB Jayaam Galvanizers Pvt Ltd

CC

CRISIL BB

60

Reaffirmed Jayaam Galvanizers Pvt Ltd

TL

CRISIL BB

40

Reaffirmed Juhu Beach Resorts Ltd

CC

CRISIL A

100

Reaffirmed Juhu Beach Resorts Ltd

TL

CRISIL A

700

Reaffirmed Juhu Beach Resorts Ltd

External

Withdrawal

300

Withdrawal

Commercial

Borrowings* *The total sanction of the ECB has been USD 1 crore Juhu Beach Resorts Ltd

Proposed LT Bk

Withdrawal

185

Withdrawal

Loan Fac Kirpa Foods

CC

CRISIL B-

100

Reaffirmed Kirpa Foods

LT Loan

CRISIL B-

75

Reaffirmed Kirpa Foods

Warehouse FinancingCRISIL B-

50

Reaffirmed Kohinoor Ropes Pvt Ltd

Rupee TL

CRISIL BBB-

90

Assigned Kohinoor Ropes Pvt Ltd

Proposed LT Bk

CRISIL BBB-

15

Assigned

Loan Fac Kohinoor Ropes Pvt Ltd

CC

CRISIL BBB-

90

Assigned Kottex Industries Pvt Ltd

TL

CRISIL BBB

376

Assigned Kottex Industries Pvt Ltd

Fund & NFBL

CRISIL BBB

11

Assigned Kottex Industries Pvt Ltd

CC

CRISIL BBB

310

Assigned Kunjal Synergies Pvt Ltd

CC

CRISIL BBB-

65

Reaffirmed Kunjal Synergies Pvt Ltd

Proposed FB Bk

CRISIL BBB-

5

Reaffirmed

Limits Kunjal Synergies Pvt Ltd

CC

Withdrawal

30

Withdrawal Kunjal Synergies Pvt Ltd

LOC

Withdrawal

420

Withdrawal Kunjal Synergies Pvt Ltd

Proposed LT Bk

Withdrawal

10

Withdrawal

Loan Fac Lancy Constructions

Overdraft

CRISIL D

130

(Downgraded

from CRISIL

B- M. E. Energy Pvt Ltd

CC

CRISIL B+

80

Reaffirmed M. E. Energy Pvt Ltd

Foreign LOC

CRISIL B+

15

Reaffirmed Magnewin Energy Pvt Ltd

BG

CRISIL D

2.5

Reaffirmed Issuer Not Cooperating Magnewin Energy Pvt Ltd

CC

CRISIL D

15

Reaffirmed Issuer Not Cooperating Magnewin Energy Pvt Ltd

LOC

CRISIL D

15

Reaffirmed Issuer Not Cooperating Magnewin Energy Pvt Ltd

LT Loan

CRISIL D

16.8

Reaffirmed Issuer Not Cooperating Magnewin Energy Pvt Ltd

Standby Line of

CRISIL D

2

Reaffirmed

Credit Issuer Not Cooperating Mahakaushal Sugar and Power Industries CC

CRISIL BB+

50

Upgraded from Ltd

CRISIL BB- Mahakaushal Sugar and Power Industries LT Loan

CRISIL BB+

134.1 Upgraded from Ltd

CRISIL BB- Mahakaushal Sugar and Power Industries Sugar Pledge CC

CRISIL BB+

295

Upgraded from Ltd

CRISIL BB- Mahakaushal Sugar and Power Industries Proposed BG

Withdrawal

20

Withdrawal Ltd Mahakaushal Sugar and Power Industries Proposed CC Limit Withdrawal

205

Withdrawal Ltd Mahakaushal Sugar and Power Industries Proposed TL

Withdrawal

312

Withdrawal Ltd Maharashtra Aluminium and Alloys Pvt LtdCC

CRISIL B

100

Reaffirmed Maharashtra Aluminium and Alloys Pvt LtdProposed LT Bk

CRISIL B

30

Reaffirmed

Loan Fac Makson Health Care Pvt Ltd

CC

CRISIL BBB

46.5

Upgraded from

CRISIL BB+ Makson Health Care Pvt Ltd

TL

CRISIL BBB

186.9 Upgraded from

CRISIL BB+ Manipal Energy and Infratech Ltd

Overdraft

CRISIL B

50

Downgraded

from CRISIL B+ Issuer Not Cooperating Manna Industries Ltd

Secured Overdraft CRISIL BB-

295

Assigned

Fac Manorama Ropes India Pvt Ltd

CC

CRISIL BBB-

150

Assigned Manorama Ropes India Pvt Ltd

TL

CRISIL BBB-

10

Assigned Mayank Processors Pvt Ltd

CC

CRISIL BB+

30

Upgraded from

CRISIL BB Mayank Processors Pvt Ltd

TL

CRISIL BB+

30

Upgraded from

CRISIL BB Metro Superspeciality Hospitals Pvt Ltd CC

CRISIL BBB-(SO)105

Assigned Metro Superspeciality Hospitals Pvt Ltd TL

CRISIL BBB-(SO)550

Assigned Moon Beverages Ltd

Overdraft

CRISIL A+

250

Reaffirmed Moon Beverages Ltd

TL

CRISIL A+

630

Reaffirmed Nikhath Noor

LT Loan

CRISIL BB

75

Reaffirmed PE Engineers Pvt Ltd

Foreign Bill

CRISIL BB

10

Upgraded

Discounting

from CRISIL

BB- PE Engineers Pvt Ltd

Foreign LOC

CRISIL BB

10

Upgraded

from CRISIL

BB- PE Engineers Pvt Ltd

Proposed LT Bk

CRISIL BB

29.1

Upgraded

Loan Fac

from CRISIL

BB- PE Engineers Pvt Ltd

TL

CRISIL BB

0.9

Upgraded

from CRISIL

BB- R. G. International Pvt Ltd

CC

CRISIL BB

400

Reaffirmed R. K. Lighting Pvt Ltd

Proposed LT Bk

CRISIL BB-

35

Assigned

Loan Fac R. K. Lighting Pvt Ltd

Bill Discounting CRISIL BB-

145

Assigned R. K. Lighting Pvt Ltd

CC

CRISIL BB-

20

Assigned Raghav Trading Corporation

CC

CRISIL BB

20

Assigned S. B. Packagings Ltd

CC

CRISIL BBB+

60

Assigned S. B. Packagings Ltd

Proposed TL

CRISIL BBB+

130

Assigned S. K. Masala and Foods Ltd

CC

CRISIL B+

56

Assigned S. M. Exports

Packing Credit

CRISIL BB+

55

Reaffirmed Samrat Vijay Construction Pvt Ltd

Proposed LT Bk

CRISIL D

1.5

Downgraded

Loan Fac

from CRISIL B Samrat Vijay Construction Pvt Ltd

WC Demand Loan

CRISIL D

198.5 Downgraded

from CRISIL B Satya Warehouse

TL

CRISIL D

125

Reaffirmed Savorit Ltd

TL

CRISIL B+

39

Assigned Savorit Ltd

Proposed LT Bk

CRISIL B+

1

Assigned

Loan Fac SCOPE T & M Pvt Ltd

CC

CRISIL BBB

120

Upgraded from

CRISIL BBB- SCOPE T & M Pvt Ltd

Proposed BG

CRISIL BBB

220

Upgraded from

CRISIL BBB- SCOPE T & M Pvt Ltd

Proposed CC Limit CRISIL BBB

60

Upgraded from

CRISIL BBB- Shree Bhatter Industries

CC

CRISIL D

70

Downgraded

from CRISIL

B Shree Rajasvi Polyesters

CC

CRISIL B-

160

Reaffirmed Shree Rajasvi Polyesters

Proposed LT Bk

CRISIL B-

20.3

Reaffirmed

Loan Fac Shree Rajasvi Polyesters

TL

CRISIL B-

21.8

Reaffirmed Shree Vaishnav Metal and Power Pvt Ltd BG

CRISIL D

10

Reaffirmed Shree Vaishnav Metal and Power Pvt Ltd CC

CRISIL D

150

Reaffirmed Shree Vaishnav Metal and Power Pvt Ltd LOC

CRISIL D

100

Reaffirmed Shree Vaishnav Metal and Power Pvt Ltd Proposed LT Bk

CRISIL D

312.7 Reaffirmed

Loan Fac Shree Vaishnav Metal and Power Pvt Ltd TL

CRISIL D

227.3 Reaffirmed Shreyas Sortex Industries Pvt Ltd

CC

CRISIL BB-

250

Upgraded from

CRISIL B Shreyas Sortex Industries Pvt Ltd

TL

CRISIL BB-

100

Upgraded from

CRISIL B Sindh Garment

CC

CRISIL BB-

70

Assigned Sindh Garment

Proposed CC Limit CRISIL BB-

50

Assigned Sree Durga Cashew Factory

CC

CRISIL B

20

Downgraded

from CRISIL

BB- Issuer Not Cooperating Sree Veera Brahmendra Swamy Spinning

CC

CRISIL B-

65

Reaffirmed Mills Pvt Ltd Sree Veera Brahmendra Swamy Spinning

Corporate Loan

CRISIL B-

54

Reaffirmed Mills Pvt Ltd Sree Veera Brahmendra Swamy Spinning

Proposed LT Bk

CRISIL B-

21.1

Reaffirmed Mills Pvt Ltd

Loan Fac Sri City Pvt Ltd

CC

CRISIL BBB

1150

Reaffirmed Sri City Pvt Ltd

Corporate Loan

CRISIL BBB

657

Reaffirmed Sri City Pvt Ltd

Proposed WC Fac

CRISIL BBB

75.5

Reaffirmed Sri City Pvt Ltd

Secured Overdraft CRISIL BBB

717.5 Reaffirmed

Fac Sri Lakshmi Constructions

LT Loan

CRISIL B+

25

Reaffirmed Sri Lakshmi Constructions

Overdraft

CRISIL B+

70

Reaffirmed Sri Sai Ram Service Station

CC

CRISIL BB-

12

Assigned Sri Sai Ram Service Station

Proposed LT Bk

CRISIL BB-

38

Assigned

Loan Fac Sri Sainadh Rice Industries

Open CC

CRISIL B+

60

Reaffirmed Sri Sainadh Rice Industries

Proposed LT Bk

CRISIL B+

10

Reaffirmed

Loan Fac Steelex Electrocast Pvt Ltd

CC

CRISIL BB-

60

Downgraded

from CRISIL BB Steelex Electrocast Pvt Ltd

TL

CRISIL BB-

58.5

Downgraded

from CRISIL BB Subasree Jewellers

WC Demand Loan

CRISIL B-

17.6

Assigned Subasree Jewellers

LT Loan

CRISIL B-

22.9

Assigned Subasree Jewellers

CC

CRISIL B-

21

Assigned Sundaram Mahadeo Autoworld Pvt Ltd

CC

CRISIL B

45

Reaffirmed Sundaram Mahadeo Autoworld Pvt Ltd

TL

CRISIL B

25

Reaffirmed Surya Teja Raw and Boiled Rice

CC

CRISIL BB

140

Assigned Industries Pvt Ltd Suryamitra Exim Pvt Ltd

Credit Limit Under CRISIL BB+

130

Downgraded

Gold Card

from CRISIL

BBB- Suryamitra Exim Pvt Ltd

Export Packing

CRISIL BB+

650

Downgraded

Credit

from CRISIL

BBB- Suryamitra Exim Pvt Ltd

Proposed LT Bk

CRISIL BB+

10.9

Downgraded

Loan Fac

from CRISIL

BBB- Swaraj Synthetics Pvt Ltd

CC

CRISIL B

40

Downgraded

from CRISIL

BB- Issuer Not Cooperating Swaraj Synthetics Pvt Ltd

TL

CRISIL B

24.2

Downgraded

from CRISIL

BB- Issuer Not Cooperating Swastik Panels Pvt Ltd

CC

CRISIL B

30

Reaffirmed T.C. Agro Foods Industries

CC

CRISIL BB

350

Reaffirmed Tata Capital Housing Finance Ltd

CC & WC demand loanCRISIL AA+

26950 Reaffirmed Tata Capital Housing Finance Ltd

LT Bk Fac

CRISIL AA+

30670 Reaffirmed Tata Capital Housing Finance Ltd

Proposed LT Bk

CRISIL AA+

22380 Reaffirmed

Loan Fac Tata Ceramics Ltd

Rupee TL

CRISIL BBB-

50

Reaffirmed The Buxa Dooars Tea Co. India Ltd

CC

CRISIL D

40

Downgraded

from CRISIL B- The Buxa Dooars Tea Co. India Ltd

CC & WC demand loanCRISIL D

12

Downgraded

from CRISIL B- The Buxa Dooars Tea Co. India Ltd

Proposed CC Limit CRISIL D

20

Downgraded

from CRISIL B- The Buxa Dooars Tea Co. India Ltd

Proposed LT Bk

CRISIL D

30

Downgraded

Loan Fac

from CRISIL B- The Buxa Dooars Tea Co. India Ltd

TL

CRISIL D

58

Downgraded

from CRISIL B- Thirumathi Muthammal Textiles Pvt Ltd CC

CRISIL B

40

Downgraded

from CRISIL

BB- Thirumathi Muthammal Textiles Pvt Ltd Cash TL

CRISIL B

48.8

Downgraded

from CRISIL

BB- Thirumathi Muthammal Textiles Pvt Ltd Proposed LT Bk

CRISIL B

4.9

Downgraded

Loan Fac

from CRISIL

BB- Thomas Cook India Ltd

CC *

CRISIL AA-

650

Reaffirmed

* Fully interchangeable with working capital demand loan (WCDL), commercial paper, and letter of credit (LC) Thomas Cook India Ltd

Overdraft ~~

CRISIL AA-

1550

Reaffirmed ~~ Facility of Rs 15.0 crore interchangeable with WCDL to the extent of Rs 12.0 crore; facilities of Rs 50.0 crore interchangeable with WCDL and Short Term Loans, Rs 30.0 crore with Bank Guarantee and Rs 10.0 crore with Letter of Credit; facility of Rs 70.0 crore interchangeable with WCDL & Short term loan (STL) to the extent of 50 crore, Rs.60 crore with Letter of Credit; facility of Rs 20 crore fully interchangeable with working capital demand loan (WCDL), Letter of Credit (LC) and Bank Guarantee (BG) Titan - Antony Aviation India Pvt Ltd CC

CRISIL B+

45

Assigned Titan - Antony Aviation India Pvt Ltd Rupee TL

CRISIL B+

50

Assigned Transnational

CC

CRISIL B

25

Downgraded

from CRISIL B+ TRIL Infopark Ltd

CC

CRISIL A-

500

Reaffirmed TRIL Infopark Ltd

LT Loan

CRISIL A-

10000 Reaffirmed TRIL Infopark Ltd

TL

CRISIL A-

8500

Reaffirmed Tristar Global Infrastructure Pvt Ltd BG

CRISIL D

155

Reaffirmed Tristar Global Infrastructure Pvt Ltd CC

CRISIL D

50

Reaffirmed Tristar Global Infrastructure Pvt Ltd LOC

CRISIL D

20

Reaffirmed Tristar Global Infrastructure Pvt Ltd Proposed LT Bk

CRISIL D

60

Reaffirmed

Loan Fac Tristar Global Infrastructure Pvt Ltd WC TL

CRISIL D

145

Reaffirmed VGN Developers Pvt Ltd

NCD

CRISIL D

4000

Downgraded

from CRISIL

BB- Vinar Systems Pvt Ltd

Bill Purchase

CRISIL BBB-

20

Downgraded

Discounting Fac

from CRISIL

BBB Vinar Systems Pvt Ltd

CC

CRISIL BBB-

40

Downgraded

from CRISIL

BBB Voora Shreeram Constructions Pvt Ltd

CC

CRISIL B

80

Downgraded

from CRISIL

BB Issuer Not Cooperating Wagad Infraprojects Pvt Ltd

CC

CRISIL B

100

Downgraded

from CRISIL BB Issuer Not Cooperating -------------------------------------------------------------------------------------------- $: 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.

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