Rating Rationales






Date Organization Description
13 February 2025Bhavani Wood Works Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
M. R. Pro Tech Pvt. Ltd. Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
N. Danissh Plaastics Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Singla Motors Pvt. Ltd. Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
TVS Credit Services Ltd. Outstanding Ratings Upgraded;
Aishwarya Trading Company Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
ABSS Institute of Technology (Kastoori Devi Foundation) Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Gold Metal Extrusion Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Insucon Cables and Conductors Pvt. Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Sree Ramakrishna Alloys Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Dipanshu Promoter & Builder 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;
Sudarshan Auto Electrical Components Pvt. Ltd. Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Indison Agro Foods Ltd. Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Kannappan Textile Mill 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 C; Short Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Golden Fish Nets Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Everest Infra Energy Ltd Issuer did not cooperate; Based on best available information; Outstanding Ratings Continues to be in ISSUER NOT COOPERATING* category/Downgraded;
NSN Educational Trust Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Sri Venkata Umasankar Spintex Pvt Ltd Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Kotak Petro Chem 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;
Krushi Cotton Industries Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Avadh Infratech Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Taparia Textiles Pvt Ltd Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Saroj Agro Industries Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Jan Shakti Charitable Trust Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Aakash Polyfilms Ltd Issuer did not cooperate; Based on best available information; Outstanding Ratings Downgraded;
NRI Agritech Pvt. Ltd Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Simanto Vitrified LLP Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Keaa International Pvt. Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Jagdish Ispat Private Limited Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Mridula Health Care Pvt. Ltd Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Litchica Products Pvt Ltd Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
AR Poultry Prop. Mr. Rudrappa A Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Nava Jeevan Medical Foundations Pvt Ltd. Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Aar Enn Poultries Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Viz Experts India Pvt Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Mauria Udyog Limited Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Jallan Transport Company Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Aaditya Ginning Mill Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Sunder Deep Educational Society 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;
Dhundhwal Brothers Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR C; Short Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
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