Rating Rationales






Date Organization Description
23 January 2025Aishloni Copper Alloys Pvt. Ltd. Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Pro Knits Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Konkan Speciality Poly Products Pvt. Ltd. Ratings Reaffirmed;
Swiss Ribbons Pvt. Ltd. Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Veerabhadreswara Raw & Boiled Rice Mill 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;
Cosmos Conductors Pvt. Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
KGS Nelsun Paper Mill Ltd. Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
New Bilkhiya Ginning Factory Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Yaduver Food Product Pvt. Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Kosas Industries Pvt. Ltd. Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Saklecha Solventex Pvt. Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Sunshine Extrusions India Pvt. Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Lantec Technologies Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Jay Ambe Cotton Industries Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Rajalakshmi Wind Energy Limited (erstwhile Ashok Leyland Wind Energy 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 +;
Sonali Energees Pvt Ltd Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Talwar Auto Garages Pvt. Ltd. Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Srinivasa Rice Industry Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Super Gold Suitings Pvt. Ltd Outstanding Ratings Upgraded;
PCS Auto Cast Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Susaah Laboratories Private Limited Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
JA Foods Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Aditya Construction Company Private Limited Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
SVR Electronics Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Satia Synthetics Ltd Issuer did not cooperate; Based on best available information; Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Surabhi Holiday Inn Pvt Ltd Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
TMA Infrastructure Private Limited Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Aavishkar Online Lottery Agency Pvt Ltd Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Ojovati Projects Private Limited Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
BK Steels Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Adoratex Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
Satyam Polyplast Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
B T Industries Private Limited Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
R S Development and Constructions India 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;
Sri Shanmuga Polymers 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;
KG Gupta Infrastructure 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;
SR Edu Centre Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
GEETA HOSPITALITY & SERVICES Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Pro Agri Seeds Issuer did not cooperate; Based on best available information; Long Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
Whitelotus Industries Limited 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;
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