Apr 9 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA (NS:ICRA)) for local debt instruments as of April 6, 2018. COMPANY
INSTRUMENT
RATING
AMOUNT MOVEMENT
(RS.MLN) ------
----------
------
-----
--------- SHORT TERM RATINGS: ------------------- Abc Leathers
Fund based- Working ICRA A3+
120
Reaffirmed
Capital Fac Abc Leathers
Non-fund
ICRA A3+
80
Reaffirmed
based-Working Capital
Fac Adyar Gate Hotels Ltd
ST non-fund based
ICRA A4+
20
Revised from
ICRA A3 Alukkas Gold Retail India Pvt
ST - FB Fac
ICRA A2+
-
Assigned Ltd
interchangeable Alukkas Jewellery Thrissur
ST - Fund based
ICRA A2+
Withdrawn
sub-limits Andritz Hydro Pvt Ltd
Non-fund
ICRA A1
9100
Reaffirmed
based-Working Capital
Fac Aparna Enterprises Ltd
Non-FBL
ICRA A2+
150
Reaffirmed Apeejay Tea Ltd
CP
ICRA A1+
500
Reaffirmed Bussan Auto Finance India Pvt
CP Programme
ICRA A1+
300
Reaffirmed Ltd Dalmia Cement (Bharat) Ltd
Non-fund Based
ICRA A1+
6750
Reaffirmed
Working Capital Fac Dalmia Cement (Bharat) Ltd
CP
ICRA A1+
8000
Reaffirmed Ganesha Ecosphere Ltd
ST -fund- based Bk FacICRA A2+
35
Reaffirmed Ganesha Ecosphere Ltd
ST non-FB Bk Fac
ICRA A2+
235
Reaffirmed Gaurav International
Fund based- Working ICRA A2
600
Reaffirmed
Capital Fac Gaurav International
Non-fund
ICRA A2
100
Reaffirmed
based-Working Capital
Fac Gaurav International Clothing
FB Limits
ICRA A3+
150
Withdrawn Llp Gaurav International Clothing
Non- FBL
ICRA A3+
600
Withdrawn Llp Hindustan Copper (NS:HCPR) Ltd
Non-FB Fac
ICRA A1+
4500
Reaffirmed Hindustan Copper Ltd
CP
ICRA A1+
1000
Reaffirmed Indure Pvt Ltd
Non-FBL
ICRA A4
14000 Reaffirmed K Mohan & Company (Exports)
ST - Export Packing ICRA A4
530
Reaffirmed Pvt Ltd
Credit Mangalore (NS:MRPL) Sez Ltd
Fund based- Working ICRA A1+
300
Assigned
Capital - Fac Mecon Ltd
Working Capital
ICRA A2
400
Reaffirmed
Facility - Secured
Overdraft Meghalaya Cements Ltd
CP programme 50.00
ICRA A1
0
Withdrawn
0 National Fertilizers Ltd
ST-Non-FB Fac
ICRA A1+
30000 Assigned National Fertilizers Ltd
CP^
ICRA A1+
50000 Assigned ^CP programme has been carved out of the long-term fund-based facilities and total utilization of CP and ICD combined should not exceed the sanctioned limits or drawing power (whichever is less) for long term fund based facilities National Fertilizers Ltd
ST limits un-allocatedICRA A1+
2154
outstanding Ocean Sparkle Ltd
Non Fund Based
ICRA A1+
1180
Reaffirmed Ongc Videsh Ltd
Non-FBL
ICRA A1+
15445.5 Reaffirmed Ongc Videsh Ltd
ST Limits-Unallocated ICRA A1+
4054.5 Reaffirmed P P Products Pvt Ltd
ST, Non-fund based
ICRA A3+
807.5 Reaffirmed P P Products Pvt Ltd
ST, Unallocated
ICRA A3+
37.5
Reaffirmed Piramal Enterprises (NS:PIRA) Ltd
ST
ICRA A1+
5124
Withdrawn Piramal Enterprises Ltd
ST Fund based
ICRA A1+
21200 Reaffirmed (Revised from 1350.0 to 1,675.0 and Enhanced by Rs. 445.0) Piramal Enterprises Ltd
CP /ST Debt
ICRA A1+
90000 Reaffirmed Piramal Enterprises Ltd
ST Non-Fund Based
ICRA A1+
2000
Reaffirmed Racy Sanitary Wares
Non-fund Based - BG ICRA A4
8
Assigned Ramco Systems Ltd
ST fund based
ICRA A2+
650
Reaffirmed Ramco Systems Ltd
ST non fund based
ICRA A2+
255
Reaffirmed Richa & Company
Fund based- Working ICRA A2
970
Reaffirmed
Capital Fac Richa & Company
Non-FB Fac - LC/BG
ICRA A2
200
Reaffirmed Richa Global Exports Pvt Ltd
Fund based- Working ICRA A2
1600
Reaffirmed
Capital Fac Richa Global Exports Pvt Ltd
Non-fund
ICRA A2
150
Reaffirmed
based-Working Capital
Fac Sakthi Finance Ltd
Fund based ST Fac
ICRA A2
670
Reaffirmed
from Bks (WCDL) Reaffirmed Sealion Sparkle Port &
Non Fund Based
ICRA A2+
50
Reaffirmed Terminal Services (Dahej) Ltd Shapoorji Pallonji
CP
ICRA A1
500
Reaffirmed Infrastructure Capital Company Pvt Ltd Shree Shyam Designs Pvt. Ltd.
ST - Proposed
ICRA A4
100
Assigned
Non-fund Based Shyam Textiles Ltd
ST, Non-fund based
ICRA A4+
25
Reaffirmed Sparkle Port Services Ltd
Non Fund Based
ICRA
100
Reaffirmed
A1+(SO) Stumpp Schuele And Somappa
ST non-FB Fac
ICRA A2
100
Reaffirmed Auto Suspension Systems Pvt Ltd Sun Tv Network Ltd
ST - Non-fund based ICRA A1+
125
Reaffirmed Supertron Electronics Pvt Ltd
Non fund based - LOC ICRA A2+
1630
Reaffirmed Supertron Electronics Pvt Ltd
NFBL-Forward contractsICRA A2+
40
Reaffirmed Suryalakshmi Cotton Mills Ltd
ST FB Limits
ICRA A3+
180
revised from
ICRA A2 Suryalakshmi Cotton Mills Ltd
ST Non FB Limits
ICRA A3+
708.8 revised from
ICRA A2 Talwalkars Better Value
Proposed NCD programmeICRA AA- &2 250
Assigned Fitness Ltd Tanna Agro Impex Pvt Ltd
Non-FBL
ICRA A2
100
Upgraded
from ICRA A3+ Tarajyot Polymers Ltd
ST, Non-fund based
ICRA A3+
959.3 Reaffirmed Tarajyot Polymers Ltd
ST, Unallocated
ICRA A3+
20.7
Reaffirmed Tata Motors (NS:TAMO) Finance Ltd
ST FBL#
ICRA A1+
55230 outstanding Techno Process Equipments
Non-fund based -
ICRA A3
350
Reaffirmed (India) Pvt Ltd
LOC/Bk Guarantee removed from 'Issuer not cooperating' category The Indian Express Pvt Ltd
Non-fund based
ICRA A1
250
Reaffirmed
working capital Virgo Polymers (India) Ltd
ST, Non-fund based
ICRA A4+
120
Reaffirmed Virgo Polymers (India) Ltd
ST, Unallocated
ICRA A4+
40
Reaffirmed Vitromed Healthcare
Non Fund based - BG ICRA A3
40
Upgraded
from ICRA A4+ Zodiac Clothing Co. Ltd
ST FB Fac
ICRA A2+
700
Downgraded
to from ICRA
A1 Zodiac Clothing Co. Ltd
ST non FB Fac
ICRA A2+
100
Downgraded
to from ICRA
A1 Zodiac Clothing Co. Ltd
CP programme 20.0
ICRA A2+
-
Downgraded
to from ICRA
A1 and
Withdrawn MEDIUM TERM RATINGS: ------------------- Sakthi Finance Ltd
Fixed Deposits
MA-
-
Reaffirmed LONG TERM RATINGS: ------------------- Aavas Financiers Ltd - Prime
PTC Series A
ICRA AA(SO) 638.9 Reaffirmed Home Loan Trust I Aavas Financiers Ltd - Prime
PTC Series A
ICRA AA(SO) 999.2 Reaffirmed Home Loan Trust Ii Adarsha Auto World Pvt Ltd
Fund based- CC
ICRA B+
380
revised from
ICRA BB- Adarsha Auto World Pvt Ltd
Fund based- TL
ICRA B+
132
Assigned Adarsha Auto World Pvt Ltd
Unallocated
ICRA B+
8
Assigned Adyar Gate Hotels Ltd
TL Fac
ICRA BB+
3497.5 Revised from
ICRA BBB- Adyar Gate Hotels Ltd
LT FB Fac
ICRA BB+
300
Revised from
ICRA BBB- Adyar Gate Hotels Ltd
LT unallocated
ICRA BB+
62.5
Revised from
ICRA BBB- Alukkas Enterprises Pvt Ltd
LT - FB Fac 90.00
ICRA A-
900
Reaffirmed Alukkas Enterprises Pvt Ltd
LT / ST - Unallocated ICRA A- /
-
Withdrawn
215.00 Fac
ICRA A2+ Alukkas Gold Retail India Pvt
LT - FB Fac
ICRA A-
2897.5 Reaffirmed Ltd Alukkas Jewellery Thrissur
LT - FB Fac
ICRA A-
845
Reaffirmed Andritz Hydro Pvt Ltd
Fund based-Working
ICRA A+
3400
Reaffirmed
Capital Fac Aparna Enterprises Ltd
CC Limits
ICRA BBB+
1080
Reaffirmed Aparna Enterprises Ltd
TL
ICRA BBB+
945
Reaffirmed Aparna Enterprises Ltd
Proposed FB limits
ICRA BBB+
325
Reaffirmed Apeejay Tea Ltd
LT/ ST - Fund based/ ICRA
2000
Reaffirmed
Non-FBL
A+/ICRA A1+ Bhaurao Chavan Sahakari Sakhar
TL
ICRA BB-
229.2 Reaffirmed Karkhana Ltd Bhaurao Chavan Sahakari Sakhar
FBL
ICRA BB-
910
Reaffirmed Karkhana Ltd Bhaurao Chavan Sahakari Sakhar
Basal Dose Loan
ICRA BB-
716.9 Reaffirmed Karkhana Ltd Bhaurao Chavan Sahakari Sakhar
BG
ICRA BB-
40
Reaffirmed Karkhana Ltd Bhaurao Chavan Sahakari Sakhar
Unallocated
ICRA BB-
3.9
Reaffirmed Karkhana Ltd Champdany Municipality
Issuer Rating
ICRA BB-
-
Assigned Convergence Chemicals Pvt Ltd
TL
ICRA A+
1000
Reaffirmed Dalmia Cement (Bharat) Ltd
FB TL
ICRA AA
26220.9 Reaffirmed Dalmia Cement (Bharat) Ltd
FB Working Capital FacICRA AA
3750
Reaffirmed Dalmia Cement (Bharat) Ltd
Unallocated - LT
ICRA AA
250
Reaffirmed Dalmia Cement (Bharat) Ltd
NCD
ICRA AA
11820 Reaffirmed Davariya Brothers Pvt Ltd
LT / ST - FBL
ICRA BB+ / 1550.5 Revised from
ICRA A4+
ICRA BBB- /
ICRA A3 Debonair Realtors Pvt Ltd
Fund based-TL (SO)
ICRA A(SO) 850
Reaffirmed
Fund based- Working
Capital Fac Electronic Payment Amp;
TL
ICRA BBB-
832.4 Revised from Services Pvt Ltd
ICRA BBB Electronic Payment Amp;
Unallocated Limits
ICRA BBB-
217.6 Revised from Services Pvt Ltd
ICRA BBB Everest Building Solutions Ltd
FB Limits/Non-FBL
100
Reaffirmed
at ICRA
A+(SO)/
ICRA A1(SO) Ganesha Ecosphere Ltd
LT FB TL Fac
ICRA A-
253
Reaffirmed Ganesha Ecosphere Ltd
LT FB working capital ICRA A-
-
Reaffirmed
Fac LT non-FB Bk Fac Ganesha Ecosphere Ltd
LT/ST- Unallocated
ICRA A-/
357
Reaffirmed
ICRA A2+ Genpact India Pvt Ltd
NCDs
ICRA AA-
48000 Reaffirmed Gorakhpur Infrastructure
Fund based-TL
ICRA AA
3833.7 Reaffirmed Company Pvt Ltd Gorakhpur Infrastructure
NCD Programme
Provisional 4250
outstanding Company Pvt Ltd
ICRA AAA
(SO) Grand View Estates Pvt Ltd
NCD Programme
ICRA AA(SO) 5650
outstanding Grand View Estates Pvt Ltd
NCD Programme
Provisional 3000
confirmed as
ICRA AA(SO)
final Grant Thornton Advisory Pvt Ltd
Fund based - Working ICRA A
50
Reaffirmed
Capital Fac
Grant Thornton Advisory Pvt Ltd
Non-fund based - BG ICRA A
20
Reaffirmed Grant Thornton India Llp
Fund based - Working ICRA A
195
Reaffirmed
Capital Fac
Grant Thornton India Llp
Non-fund based - BG ICRA A
40
Reaffirmed Hindustan Copper Ltd
TL
ICRA AA+
1500
Reaffirmed Hindustan Copper Ltd
FB Fac
ICRA AA+
2500
Reaffirmed Hindustan Copper Ltd
FB Fac
ICRA AA+
3000
Reaffirmed
/A1+ Hotel Excelsior Ltd
LT non-fund based
-
-
- Hotel Excelsior Ltd
LT working capital
ICRA A
200
Reaffirmed
limits Hotel Excelsior Ltd
LT FB - TL
ICRA A
1090
Reaffirmed Ibrox Real Estate Development
Fund based-TL
ICRA BBB+
3050
Reaffirmed Pvt Ltd Icici Prudential (LON:PRU) Life
CPA rating
iAAA
-
Reaffirmed Insurance Co. Ltd Il&Fs Tamil Nadu (NS:TNNP) Power Co. Ltd
NCD Programme
ICRA A+(SO) 5000
Reaffirmed Indure Pvt Ltd
CC
ICRA BB-
2500
Downgraded
from ICRA BB K Mohan & Company (Exports)
LT - TL
-
-
- Pvt Ltd K Mohan & Company (Exports)
LT / ST - Unallocated ICRA
35
(Revised Pvt Ltd
B+/ICRA A4
from ICRA
BB/Reaffirmed Kosi Bridge Infrastructure
Fund based-TL
ICRA AA
2632
Reaffirmed Company Pvt Ltd Kosi Bridge Infrastructure
NCD Programme
Provisional 2900
outstanding Company Pvt Ltd
ICRA AAA
(SO) Mahindra Agri Solutions Ltd
LT, FB Limits
ICRA A+
850
Re-affirmed Mahindra Agri Solutions Ltd
Long-TL
ICRA A+
150
Re-affirmed Mangalore Sez Ltd
TL
ICRA AA-
5774.2 Upgraded
from ICRA A+ Mangalore Sez Ltd
Unallocated -
ICRA AA-
785.8 Upgraded
from ICRA
A+/ICRA A1+ Mangalore Sez Ltd
Non-fund
ICRA AA-
200
Upgraded
based-Working Capital
from ICRA A+
Fac Mecon Ltd
Non-fund based-
-
-
Reallocated
Unallocated
to BG
facility Mecon Ltd
ST fund based -
-
-
Reallocated
Unallocated
to BG
facility Mecon Ltd
Non-fund based- LOC ICRA BBB
300
Reaffirmed Mecon Ltd
Non-fund based- BG
ICRA BBB
4390
Reaffirmed Meghalaya Cements Ltd
TL
ICRA A+
80
Upgraded
from ICRA A Mishtann Foods Ltd
Fund based- CC
ICRA B
220
Withdrawn ISSUER NOT COOPERATING Mishtann Foods Ltd
Fund based- TL
ICRA B
73.8
Withdrawn ISSUER NOT COOPERATING National Fertilizers Ltd
LT-CC Limits
ICRA AA
50000 Assigned National Fertilizers Ltd
TL
ICRA AA
3626
outstanding Nehru Place Hotels And Real
Fund based-TL
-
-
- Estate Pvt Ltd Nehru Place Hotels And Real
Fund based- Working ICRA A+
1365
Upgraded Estate Pvt Ltd
Capital Fac
from ICRA A North East Transmission Co. Ltd
FB TL
ICRA AA+
14140.5 Upgraded
from ICRA AA North East Transmission Co. Ltd
Unallocated - LT
ICRA AA+
2262.6 Upgraded
from ICRA AA Ocean Sparkle Ltd
NCD
ICRA AA-
737.5 Reaffirmed Ocean Sparkle Ltd
TL
ICRA AA-
1883.3 Reaffirmed Ocean Sparkle Ltd
CC
ICRA AA-
330
Reaffirmed Ocean Sparkle Ltd
Unallocated
ICRA AA-
1785.5 Reaffirmed
/ICRA A1+ Ongc Videsh Ltd
LT Bond Programme
ICRA AAA
3700
Reaffirmed Ongc Videsh Ltd
FBL
ICRA AAA
500
Reaffirmed Ostro Jaisalmer Pvt Ltd
TL
ICRA BBB
2930
- Ostro Jaisalmer Pvt Ltd
Working Capital
ICRA BBB
280
-
Demand Loan Ostro Renewables Pvt Ltd
TL
ICRA BBB
1165.5 -
Ostro Renewables Pvt Ltd
CC
ICRA BBB
100
- Ostro Urja Wind Pvt Ltd
TL
ICRA BBB+
3999.6 - Ostro Urja Wind Pvt Ltd
Unallocated
ICRA BBB+
200.4
- P P Products Pvt Ltd
LT, FB
ICRA BBB
50
Reaffirmed P P Products Pvt Ltd
LT/ST,
ICRA BBB
115
Reaffirmed
Fundbased/Non-fund
/ICRA A3+
based Piramal Enterprises Ltd
NCDs (NCD)
ICRA AA
101000 outstanding Piramal Enterprises Ltd
TL/Corporate Loan
ICRA AA
4000
Withdrawn Piramal Enterprises Ltd
TL/Corporate Loan
ICRA AA
24950 Reaffirmed (Revised from 1800.0 to 1,475.0 and Enhanced by 1020.0) Piramal Enterprises Ltd
LT/ST Fund Based
ICRA AA
3000
Reaffirmed
/A1+ Prime Gourmet (P) Ltd
TL
ICRA A+
168.5 Assigned
(SO) Racy Sanitary Wares
FB - TL
ICRA B+
30.5
Assigned Racy Sanitary Wares
FB - CC
ICRA B+
50
Assigned Racy Sanitary Wares
Unallocated Limit
ICRA B+ /
1.5
Assigned
ICRA A4 Ramakrishna Housing (P) Ltd
Fund based - TL
ICRA BBB-
2000
Upgraded
from ICRA BB+ Ramco Systems Ltd
LT fund based/CC
ICRA A-
350
Reaffirmed Ramco Systems Ltd
Unallocated
ICRA
100
Reaffirmed
A-/ICRA A2+ Richa & Company
TL
ICRA BBB+
30
Reaffirmed Richa & Company
Unallocated Limits
ICRA BBB+
100
Reaffirmed
/ICRA A2 Richa Global Exports Pvt Ltd
Fund based- TL
ICRA BBB+
300
Reaffirmed S V Creditline Ltd
NCD programme
ICRA BB+
970
Reaffirmed S V Creditline Ltd
Bk lines
ICRA BB+
700
Reaffirmed S V Creditline Ltd
Subordinated debt
ICRA BB+
100
Reaffirmed
programme Sakthi Finance Ltd
NCD
ICRA BBB
2768.3 Reaffirmed Sakthi Finance Ltd
Fund based-TL
ICRA BBB
390.3 Reaffirmed Sakthi Finance Ltd
Fund based LT Fac
ICRA BBB
1587.3 Reaffirmed
from Bks - CC (CC) Sakthi Finance Ltd
NCD - PTC Series A
ICRA BBB
481.7 Withdrawn Sakthi Finance Ltd
Fund
ICRA BBB / 324.3 Reaffirmed
based-Interchangeable!ICRA A2 !Sub-limit of Fund based Long Term Facilities from Banks - CC Sasan Power Ltd
FB Working Capital
ICRA BBB
5675
Reaffirmed
Limits outlook Stable Sasan Power Ltd
TL#
ICRA BBB
192820 Reaffirmed # including letter of credit/ buyer's credit / LUT/LOC as sub limit of term loan facility and Long Term LER Limits Sasan Power Ltd
Non-FBL
ICRA BBB/
3000
Reaffirmed
(interchangeable
ICRA A2
300.0 between LT and ST scale) Sea Sparkle Harbour Services
TL
ICRA
137.1 Reaffirmed Ltd
AA-(SO) Sealion Sparkle Port &
TL
ICRA
500
Assigned Terminal Services (Dahej) Ltd
AA-(SO) Shapoorji Pallonji
NCD
ICRA A
2000
Reaffirmed Infrastructure Capital Company Pvt Ltd Shapoorji Pallonji
Fund based-TL
ICRA A
5500
Reaffirmed Infrastructure Capital Company Pvt Ltd Shapoorji Pallonji
Non-FBL
ICRA A /
20250 Reaffirmed Infrastructure Capital Company
ICRA A1 Pvt Ltd Shapoorji Pallonji Solar Pv
TL
ICRA BBB-
1900
Reaffirmed Pvt Ltd Shree Shyam Designs Pvt. Ltd.
LT - Proposed Fund
ICRA BB-
100
Assigned
Based Shree Shyam Designs Pvt. Ltd.
LT/ST- Unallocated
ICRA BB-
50
Assigned -
limits Fund based-TL /ICRA A4 Shyam Textiles Ltd
LT, FB - CC
ICRA BB+
225
Reaffirmed Snn Builders Pvt Ltd
Fund based-TL
ICRA BBB+
850
Reaffirmed Snn Builders Pvt Ltd
Unallocated- LT
ICRA BBB+
670
Reaffirmed Snn Homes Llp
Fund based-TL
ICRA BBB+
1240
Reaffirmed Snn Properties Llp
Fund based-CC
ICRA BBB+
1990
Reaffirmed Snn Spiritua Developers
Fund based-TL
ICRA BBB+
500
Reaffirmed Sparkle Port Services Ltd
TL
ICRA
256.5 Reaffirmed
AA-(SO) Star Automobiles
LT: FB Limits
ICRA BBB-
250
Reaffirmed Star Infratech
LT - FB Fac
ICRA BBB
150
Assigned Star Infratech
LT / ST - Non-FB Fac ICRA BBB / 1885
Assigned
ICRA A3+ Star Infratech
LT / ST - Unallocated ICRA BBB / 215
Assigned
Fac
ICRA A3+ Stumpp Schuele And Somappa
LT fund based
ICRA BBB
100
Reaffirmed Auto Suspension Systems Pvt Ltd Supertron Electronics Pvt Ltd
FB Fac - CC
ICRA A-
1350
Reaffirmed Supertron Electronics Pvt Ltd
FB Fac - Channel
ICRA A-
1850
Reaffirmed
Financing Supertron Electronics Pvt Ltd
Non fund based - BG ICRA A-/A2+ 290
Reaffirmed Suryalakshmi Cotton Mills Ltd
TL
ICRA BBB
1378.6 revised from
ICRA BBB+
(Negative) Suryalakshmi Cotton Mills Ltd
LT FB Limits
ICRA BBB
1670
revised from
ICRA BBB+ Suryalakshmi Cotton Mills Ltd
LT/ST Unallocated
ICRA
240.1 revised from
Limits
BBB/ICRA A3+
ICRA
BBB+/A2 Talwalkars Better Value
NCD programme
ICRA AA- & 0
Withdrawn Fitness Ltd & denotes rating under watch with developing implications Talwalkars Better Value
NCD programme
ICRA AA- & 2300
outstanding Fitness Ltd & denotes rating under watch with developing implications Talwalkars Better Value
Long-TL
ICRA AA- & 2980.7 outstanding Fitness Ltd & denotes rating under watch with developing implications Tanna Agro Impex Pvt Ltd
FBL
ICRA BBB+
3320
Upgraded
/ ICRA A2
from ICRA
BBB/ICRA A3+ Tarajyot Polymers Ltd
LT, FB
ICRA BBB
20
Reaffirmed Tata Motors Finance Ltd
Perpetual Debt
ICRA A+
4150
outstanding
Programme Tata Motors Finance Ltd
NCDs
ICRA AA
40000 outstanding Tata Motors Finance Ltd
Sub. Debt Programme ICRA AA
14000 outstanding Tata Motors Finance Ltd
Bk Lines
ICRA AA
128500 outstanding Tata Motors Finance Ltd
LT FBL#
ICRA AA
52230 outstanding # Interchangeable between short term and long term fund based limits, out of Rs. 5,523 crore long term fund based utilization is subject to a limit of Rs. 5,223 crore Tata Motors Finance Ltd
LT NFBL
ICRA AA
26320 outstanding Techno Process Equipments
Fund based - CC
ICRA BBB-
30
Reaffirmed (India) Pvt Ltd outlook revised to Positive from Stable The Indian Express Pvt Ltd
TL
-
-
- The Indian Express Pvt Ltd
FB working capital
ICRA A
350
Reaffirmed The Indian Express Pvt Ltd
Unallocated limits
ICRA A
450
Reaffirmed Transform Sun Energy Pvt Ltd
TL
ICRA BBB
5800
Reaffirmed Virgo Decors Pvt Ltd
Non-FBL
ICRA A/A1
100
Assigned Virgo Polymers (India) Ltd
LT, TL
ICRA BB+
15
Reaffirmed outlook revised from Negative Virgo Polymers (India) Ltd
LT, FB
ICRA BB+
100
Reaffirmed outlook revised from Negative Virgo Polymers (India) Ltd
Long -Term,
ICRA BB+
3
Reaffirmed
Unallocated outlook revised from Negative Virtusa Consulting Services
NCDs
ICRA A+
20000 Reaffirmed Pvt Ltd Visual Percept Solar Projects
TL
ICRA A+
909.9 Reaffirmed Pvt Ltd Vit Trust
LT: Unallocated
ICRA A(S)
1824.8 Reaffirmed Vit Trust
LT: Fund based TL
ICRA A(S)
1175.2 Reaffirmed Vitromed Healthcare
Unallocated
-
-
- Vitromed Healthcare
Fund based - CC
ICRA BBB-
42.5
Upgraded
from ICRA BB+ Vitromed Healthcare
Fund based - TL
ICRA BBB-
30.8
Upgraded
from ICRA BB+ Walker Chandiok & Company Llp
Fund based - Working ICRA A
100
Reaffirmed
Capital Fac -------------------------------------------------------------------------------------------- $: Rating watch with positive implication #: Rating Watch with Developing implications @: Rating Watch with Negative Implications %: Rating under Credit Watch wd -Rating Stands Withdrawn sp -Rating Suspended pp -Principal Protected pn -Principal Not Protected ICRA may apply + or - signs for ratings to reflect a comparative standing within the category. BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) - Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture; PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional; PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.