May 30 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of May 27, 2016. COMPANY
INSTRUMENT
RATING
AMOUNT MOVEMENT
(RS.MLN) ------
----------
------
----- --------- SHORT TERM RATINGS: ------------------- Anshul Specialty Molecules Pvt Ltd
LOC$
CRISIL A3+
50
Assigned $ Includes sub-limit of Rs.50 million for Buyer's Credit Aroon Aviation Services Pvt Ltd
BG
CRISIL A4+
105
Reaffirmed Arun Textiles Pvt Ltd
Inland/Import LOC CRISIL A3+
63.4
Reaffirmed Bharti Enterprises (Holding) Pvt Ltd
ST NCD Programme CRISIL A1+
13000 Reaffirmed Bharti Enterprises (Holding) Pvt Ltd
CP Programme
CRISIL A1+
7500
Reaffirmed (Reduced from Rs.20.50 Billion) C5 Infra Pvt Ltd
BG
CRISIL A4+
30.5
Assigned Diam Star Jewellery India Pvt Ltd
LOC & BG
CRISIL A3+
70
(Notice of
Withdrawal) Eimco Elecon India Ltd
LOC*
CRISIL A1+
260
Reaffirmed
* Interchangeable with bank guarantee Eimco Elecon India Ltd
LOC
CRISIL A1+
250
Reaffirmed Eimco Elecon India Ltd
CP
CRISIL A1+
170
Downgraded
from 'CRISIL
AA- Gala Precision Engineering Pvt Ltd
BG
CRISIL A4+
37.5
Reaffirmed Gala Precision Engineering Pvt Ltd
LOC
CRISIL A4+
17.5
Reaffirmed Gala Precision Engineering Pvt Ltd
Pre Shipment Fac CRISIL A4+
155
Reaffirmed Gold Star Centoquattro Jewellery Pvt
Export Packing
CRISIL A4+
80
Notice of Ltd
Credit
Withdrawal Gold Star Diamond Pvt Ltd
Export Packing
CRISIL A3+
45
(Notice of
Credit
Withdrawal) Gold Star Diamond Pvt Ltd
Post Shipment
CRISIL A3+
48
(Notice of
Credit
Withdrawal) Grasim Industries (NS:GRAS) Ltd
Export Packing
CRISIL A1+
700
Reaffirmed
Credit@ @Interchangeable with packing credit in foreign currency Grasim Industries Ltd
LOC**
CRISIL A1+
4000
Reaffirmed **Interchangeable with bank guarantee Grasim Industries Ltd
ST Debt
CRISIL A1+
5000
Reaffirmed Green Woodcrafts Pvt Ltd
LOC & BG
CRISIL A4
110
Assigned HMA Food Export Pvt Ltd
BG
CRISIL A4+
5
Reaffirmed Juhu Beach Resorts Ltd
BG
CRISIL A1
65
Reaffirmed KCL Ltd
LOC
CRISIL A3+
10
Assigned KCL Ltd
Foreign LOC
CRISIL A3+
4.5
Assigned KCL Ltd
BG
CRISIL A3+
10
Assigned Krishi Rasayan
LOC
CRISIL A3+
315
Downgraded
from 'CRISIL
A2' L&T-Valdel Engineering Ltd
BG
CRISIL A1+
35
Reaffirmed L&T-Valdel Engineering Ltd
Proposed BG
CRISIL A1+
175
Reaffirmed Lakshman and Co.
Bill Discounting CRISIL A4
40
Downgraded
from 'CRISIL
A4+ Lakshman and Co.
Packing Credit
CRISIL A4
192
Downgraded
from 'CRISIL
A4+ Lakshman and Co.
Pledge Loan
CRISIL A4
48
Downgraded
from 'CRISIL
A4+ Lakshmi Card Clothing Manufacturing
BG
CRISIL A2+
3
Reaffirmed Company Pvt Ltd Lakshmi Card Clothing Manufacturing
Foreign Bill
CRISIL A2+
20
Reaffirmed Company Pvt Ltd
Purchase Lakshmi Card Clothing Manufacturing
LOC
CRISIL A2+
60
Reaffirmed Company Pvt Ltd M.S. Ramaiah University of Applied
LOC
CRISIL A1
5
Reaffirmed Sciences M.S. Ramaiah University of Applied
Overdraft Fac
CRISIL A1
150
Reassigned Sciences Mahakaushal Sugar and Power Industries BG
CRISIL A4+
20
Assigned Ltd P C Global Merchandising Pvt Ltd
Packing Credit
CRISIL A4+
64.2
Reaffirmed Plaza Computers
Packing Credit
CRISIL A4+
70
Reaffirmed Prudential (LON:PRU) Rubber Pvt Ltd
LOC
CRISIL A1
27.5
Reaffirmed Rashmi Steels
LOC
CRISIL A4
6.5
Assigned Shree Roshan Rice Industries
BG
CRISIL A4
10
Assigned Surface Preparation Solutions and
BG
CRISIL A4
25
Assigned Technologies Pvt Ltd Swaraj India Industries Ltd
BG
CRISIL A3+
25
Assigned Tata Capital Housing Finance Ltd
ST Bk Fac
CRISIL A1+
1.5
Reaffirmed Tata Capital Housing Finance Ltd
CP Programme
CRISIL A1+
30000 Reaffirmed Tuni Textile Mills Ltd
BG
CRISIL A4
0.6
(Notice of
Withdrawal) UCO Bank (NS:UCBK)
CD Programme
CRISIL A1+
350000 Reaffirmed Vikram Overseas Ltd
Packing Credit
CRISIL A4
50
Assigned LONG TERM RATINGS: ------------------- Anshul Specialty Molecules Pvt Ltd
TL
CRISIL BBB
100
Assigned Anshul Specialty Molecules Pvt Ltd
CC*
CRISIL BBB
100
Assigned
* Interchangeable with Export Packing Credit to the extent of Rs.30 million. Anshul Specialty Molecules Pvt Ltd
Export Packing
CRISIL BBB
20
Assigned
Credit# # Can be interchanged with FBP/ FBD/ FBN Aroon Aviation Services Pvt Ltd
Overdraft Fac
CRISIL BB-
45
Reaffirmed Arun Textiles Pvt Ltd
CC
CRISIL BBB
392.9 Reaffirmed Arun Textiles Pvt Ltd
TL
CRISIL BBB
115.8 Reaffirmed Balu Compendium
Proposed Rupee TL CRISIL B
300
Assigned Birthplace Healthcare Pvt Ltd
LT Loan
CRISIL B
125
Upgraded from
CRISIL C Birthplace Healthcare Pvt Ltd
Proposed LT Bk
CRISIL B
15
Upgraded from
Loan Fac
CRISIL C C. P. Industries
CC
CRISIL C
150
Assigned C5 Infra Pvt Ltd
CC/ Overdraft Fac CRISIL BB-
100
Assigned Comed Chemicals Ltd
CC*
CRISIL BBB
150
Assigned *Packing credit is the sub-limit of Cash Credit to the extent of Rs.20 Million ; Foreign Bill Purchase is the sub-limit of Cash Credit to the extent of Rs.15 Million; Bank Guarantee is the sub-limit of Cash Credit to the extent of Rs.20 Million. Diam Star Jewellery India Pvt Ltd
Export Packing
CRISIL BBB
271.5 Reaffirmed
Credit Diam Star Jewellery India Pvt Ltd
LOC & BG
CRISIL BBB
30
Reaffirmed Diam Star Jewellery India Pvt Ltd
Post Shipment
CRISIL BBB
188.5 Reaffirmed
Credit Diam Star Jewellery India Pvt Ltd
Proposed LT Bk
CRISIL BBB
80
Reaffirmed
Loan Fac Dinodia Educational Society
TL
CRISIL D
120
Assigned Eimco Elecon India Ltd
CC
CRISIL A+
20
Downgraded
from 'CRISIL
AA- Eimco Elecon India Ltd
Proposed LT Bk
CRISIL A+
280
Downgraded
Loan Fac
from 'CRISIL
AA- Eimco Elecon India Ltd
NCD
CRISIL A+
50
Reaffirmed Everest Power Pvt Ltd
LT Loan
CRISIL BB-
4600
Assigned Gala Precision Engineering Pvt Ltd
TL
CRISIL BB+
131.6 Reaffirmed Gala Precision Engineering Pvt Ltd
Proposed LT Bk
CRISIL BB+
8.4
Reaffirmed
Loan Fac Gaurav Rice & Food Processing Pvt Ltd LT Loan
CRISIL B
147.1 Assigned Gold Star Diamond Pvt Ltd
Export Packing
CRISIL BBB
361.9 Reaffirmed
Credit Gold Star Diamond Pvt Ltd
Post Shipment
CRISIL BBB
182.1 Reaffirmed
Credit Gold Star Diamond Pvt Ltd
Proposed LT Bk
CRISIL BBB
305.8 Reaffirmed
Loan Fac Gold Star Jewellery Pvt Ltd
Export Packing
CRISIL BBB
572
Reaffirmed
Credit Gold Star Jewellery Pvt Ltd
LOC & BG
CRISIL BBB
150
Reaffirmed Gold Star Jewellery Pvt Ltd
Post Shipment
CRISIL BBB
218
Reaffirmed
Credit Gold Star Jewellery Pvt Ltd
Proposed LT Bk
CRISIL BBB
180
Reaffirmed
Loan Fac Grasim Industries Ltd
CC*
CRISIL AAA
3600
Reaffirmed *Interchangeable with working capital demand loan Grasim Industries Ltd
Proposed LT Bk
CRISIL AAA
3352.3 Reaffirmed
Loan Fac Grasim Industries Ltd
Rupee TL
CRISIL AAA
8347.7 Reaffirmed Grasim Industries Ltd
NCD
CRISIL AAA
5000
Reaffirmed Green Woodcrafts Pvt Ltd
CC
CRISIL B+
30
Assigned Green Woodcrafts Pvt Ltd
Proposed LT Bk
CRISIL B+
27.6
Assigned
Loan Fac Green Woodcrafts Pvt Ltd
TL
CRISIL B+
2.4
Assigned HMA Food Export Pvt Ltd
Packing Credit
CRISIL BB-
188
Reaffirmed HMA Food Export Pvt Ltd
TL
CRISIL BB-
39.2
Reaffirmed Juhu Beach Resorts Ltd
CC
CRISIL A
100
Reaffirmed Juhu Beach Resorts Ltd
External
CRISIL A
300
Reaffirmed
Commercial
Borrowings* *The total sanction of the ECB has been USD 10 Million Juhu Beach Resorts Ltd
Proposed LT Bk
CRISIL A
335
Reaffirmed
Loan Fac Juhu Beach Resorts Ltd
TL
CRISIL A
550
Reaffirmed KCL Ltd
WC Fac
CRISIL BBB
87
Assigned KCL Ltd
CC
CRISIL BBB
58.5
Assigned Krishi Rasayan
CC
CRISIL BBB
315
Downgraded
from 'CRISIL
BBB+ L&T-Valdel Engineering Ltd
CC
CRISIL AA+
10
Reaffirmed L&T-Valdel Engineering Ltd
Proposed CC Limit CRISIL AA+
20
Reaffirmed L&T-Valdel Engineering Ltd
Proposed TL
CRISIL AA+
10
Reaffirmed Lakshman and Co.
Overdraft Fac
CRISIL B+
2
Downgraded
from 'CRISIL
BB- Lakshman and Co.
Proposed LT Bk
CRISIL B+
10
Downgraded
Loan Fac
from 'CRISIL
BB- Lakshmi Card Clothing Manufacturing
CC
CRISIL A-
150
Reaffirmed Company Pvt Ltd Lakshmi Card Clothing Manufacturing
Proposed LT Bk
CRISIL A-
103.8 Reaffirmed Company Pvt Ltd
Loan Fac M.P. Jewellers
CC
CRISIL BBB-
285
Reaffirmed M.P. Jewellers
Proposed LT Bk
CRISIL BBB-
15
Reaffirmed
Loan Fac M.S. Ramaiah University of Applied
Rupee TL
CRISIL A+
60
Reassigned Sciences M.S. Ramaiah University of Applied
Proposed LT Bk
CRISIL A+
35
Reassigned Sciences
Loan Fac Mahakaushal Sugar and Power Industries CC
CRISIL BB-
550
Reaffirmed Ltd Mahakaushal Sugar and Power Industries LT Loan
CRISIL BB-
53.5
Reaffirmed Ltd Mahakaushal Sugar and Power Industries TL
CRISIL BB-
392.6 Reaffirmed Ltd P C Global Merchandising Pvt Ltd
Proposed LT Bk
CRISIL BB-
25.8
Reaffirmed
Loan Fac Powermax Rubber Factory
Cash TL
CRISIL B
60
Assigned Powermax Rubber Factory
Proposed LT Bk
CRISIL B
40
Assigned
Loan Fac Prudential Rubber Pvt Ltd
CC
CRISIL A
25
Reaffirmed Prudential Rubber Pvt Ltd
Proposed LT Bk
CRISIL A
47.5
Reaffirmed
Loan Fac Rachit Prints Pvt Ltd
CC
CRISIL B
45
Assigned Rachit Prints Pvt Ltd
TL
CRISIL B
19
Assigned Rashmi Housing Spv Pvt Ltd
Proposed LT Bk
CRISIL B+
12.5
Reaffirmed
Loan Fac Rashmi Housing Spv Pvt Ltd
TL
CRISIL B+
100
Reaffirmed Rashmi Steels
Rupee TL
CRISIL B+
53.5
Assigned Rashmi Steels
CC
CRISIL B+
150
Assigned Sahil Packaging
TL
CRISIL B
80
Assigned Sahil Packaging
CC
CRISIL B
35
Assigned Sahil Packaging
Proposed CC Limit CRISIL B
35
Assigned Shivsamarth Motoriders Pvt Ltd
CC
CRISIL BB
10
Assigned Shivsamarth Motoriders Pvt Ltd
Electronic Dealer CRISIL BB
53.5
Assigned
Financing
Scheme(e-DFS) Shree Roshan Rice Industries
TL
CRISIL B+
18
Assigned Shree Roshan Rice Industries
CC
CRISIL B+
40
Assigned Surface Preparation Solutions and
LT Loan
CRISIL B
7.9
Assigned Technologies Pvt Ltd Surface Preparation Solutions and
CC
CRISIL B
50
Assigned Technologies Pvt Ltd Swaraj India Industries Ltd
CC
CRISIL BBB
500
Assigned Swaraj India Industries Ltd
Proposed LT Bk
CRISIL BBB
860
Assigned
Loan Fac Swaraj India Industries Ltd
TL
CRISIL BBB
265
Assigned Tasty Dairy Specialities Ltd
CC
CRISIL BBB-
230
Reaffirmed Tata Capital Financial Services Ltd
NCDs
CRISIL AA+
2720
Assigned Tata Capital Financial Services Ltd
NCDs
CRISIL AA+
122910 Reaffirmed Tata Capital Financial Services Ltd
Subordinated Debt CRISIL AA+
10000 Reaffirmed Tata Capital Financial Services Ltd
Perpetual Bonds
CRISIL AA+
2000
Reaffirmed
Programme Tata Capital Housing Finance Ltd
CC & WC demand loanCRISIL AA+
17.5
Reaffirmed Tata Capital Housing Finance Ltd
LT Bk Fac
CRISIL AA+
38.75 Reaffirmed Tata Capital Housing Finance Ltd
Proposed LT Bk
CRISIL AA+
22.25 Reaffirmed
Loan Fac Tata Capital Housing Finance Ltd
NCDs
CRISIL AA+
4080
Assigned Tata Capital Housing Finance Ltd
NCDs
CRISIL AA+
53450 Reaffirmed Tata Capital Housing Finance Ltd
Subordinated Debt CRISIL AA+
7500
Reaffirmed Tuni Textile Mills Ltd
CC
CRISIL B
48.5
Withdrawal Tuni Textile Mills Ltd
Proposed LT Bk
CRISIL B
0.9
Withdrawal
Loan Fac UCO Bank
Upper Tier-II
CRISIL A+
17950 Downgraded
Bonds (Under BASEL
from CRISIL
II)
AA- UCO Bank
Tier-I Perpetual CRISIL A+
6350
Downgraded
Bonds(Under BASEL
from CRISIL
II)
AA- UCO Bank
Lower Tier-II
CRISIL AA-
27750 Downgraded
Bonds(Under BASEL
from CRISIL AA
II) UCO Bank
Tier-I Bonds
CRISIL BBB
25000 Downgraded
(Under Basel III)
from CRISIL A- VGN Developers Pvt Ltd
NCD
CRISIL BB-(SO) 4000
Reaffirmed Vikram Overseas Ltd
CC
CRISIL B+
5
Assigned -------------------------------------------------------------------------------------------- $: 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 CRISIL 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.