Rating Rationales




Date Organization Description
27 June 2025Kamal Trading Corporation. Issuer did not cooperate; Based on best available information; Downgraded and Withdrawn for Long Term;
NRI Educational Society Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Suchi Paper Mills Limited Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Cheema Printpac Limited Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Knox Retail Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Monika Builders and Developers Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Shree Bhageshwari Papers Pvt Ltd(Formerly known as Shree Bhageshwari Papers Ltd) Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Supreme (India) Impex Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Pranav Agro Industries Limited Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Sumeet Industries Ltd. Outstanding Ratings Withdrawn;
Global Dhall Industries Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Himsun Ceramics Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Shiva Veener (India) Pvt. Ltd. Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Sri Ranganathar Constructions Pvt. Ltd. Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Devisons Infiniti Housewares Pvt. Ltd. Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Navjeevan Hatcheries Pvt Ltd Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Jai Mata Di Foods Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Vaid Milk Products Pvt. Ltd Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Marutisut Contractors Pvt Ltd Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Mudremane Coffee Curers Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Jaipur National University Issuer did not cooperate; Based on best available information; Long Term Rating Downgraded to BWR B +;
Global Mega Ventures Pvt Ltd Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Maa Ratanti Kalimata Cold Storage Pvt Ltd Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
BL Steel Industries Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Gujarat State Investments Limited Issuer did not cooperate; Based on best available information; Non Convertible Debentures Rating Downgraded to BWR BB;
Mahavir Rice Mills Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Sri Venkata Subrahmanyam Industries Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
G.M. Cot Fibers Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Amaya Hotels Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Guru Nanak Forging Pvt. Ltd. Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR B; Short Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Sri Guru Granth Sahib World University Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Omsai Udyog India Pvt. Ltd. Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Shri Salasar Agro Processors Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Hans Industries Pvt. Ltd. Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR B +; Short Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Maa Bhagabati Pipes Pvt. Ltd. Issuer did not cooperate; Based on best available information; Reaffirmed and Withdrawn for Long Term;
Spica Projects & Infrastructures Pvt. Ltd. Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR B +; Short Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Greenland Hospital and Research Centre Pvt. Ltd. Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Stambh Industries Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Usha Spincoat Pvt. Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
26 June 2025Chamundi Textile (Silk Mills) Ltd. Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
12345678910...