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Latest Rationale
Date wise Rationale (Any 30 days period)
Company wise Rationale
Date
Organization
Description
18 March 2025
Sri Ramanjaneya Agro Industries
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Mahalaxmi Crafts & Tissues 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;
Parinee Developers 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 D;
Kalpa Char Products Pvt. Ltd.
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Vayam Technologies Ltd.
Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Prompt Enterprises Pvt. Ltd.
Issuer did not cooperate; Based on best available information; Outstanding Ratings Continues to be in ISSUER NOT COOPERATING* category/Downgraded;
Maruti Enterprise
Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Krishna Jewels
Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR BB -;
Ratan Gramodyog Sansthan
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Gokul Sugar Industries Ltd.
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
K Rajesh and Company
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;
Shree Ram Shipping 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 BB; Short Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Shree Ram Green Ship Recycling Industries (Unit II) LLP [erstwhile Shree Ram Steel & Rolling Industries (Unit 2)]
Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR BB; Short Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Shree Ram Vessel Scrap Pvt. Ltd.
Issuer did not cooperate; Based on best available information; Outstanding Ratings Continues to be in ISSUER NOT COOPERATING* category/Downgraded;
JP Alloys
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Citi Care Hospitals Pvt Ltd.
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Majestic Maharaja
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Jyotirmayee Foods 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;
Advant IT Park Pvt. Ltd
Issuer did not cooperate; Based on best available information; Outstanding Ratings Continues to be in ISSUER NOT COOPERATING* category/Downgraded;
Shri Ram Foods
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Hotel Pine Spring
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Laxmiprada Cotton Industries
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Sri Vekkaliamman Educational Charitable Trust
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Lucky Minerals Pvt. Ltd. (erstwhile Lucky Minerals)
Issuer did not cooperate; Based on best available information; Downgraded and Withdrawn for Long Term; Reaffirmed and Withdrawn for Short Term;
Marce Cement Works Ltd
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Gravity Concrete Solutions Pvt Ltd
Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Deomangal Memorial Trust
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;
Lord Wheels Pvt. Ltd.
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Sai Creations
Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Mahalakshmi Rice Mills
Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR C;
S. Ravi Works Contractor
Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
SPS Construction & Engineering Works
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;
Hotel Shubh Inn
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
17 March 2025
V R Educational Trust
Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR B -;
Anadi Rice Mills 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 D;
Overseas Beverages Pvt. Ltd. (OBPL)
Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
P. K. Shefi
Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
RIA Constructions Ltd.
Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
R K Infratel Ltd. (RKIL)
Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Elcom Innovations Pvt. Ltd.
Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
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