ICRA ratings for Indian debt instruments-Sep 30

Sep 30 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA (NS: ICRA )) for local debt instruments as of September 27, 2019. COMPANY

INSTRUMENT

RATING

AMOUNT MOVEMENT

(RS.MLN) ------

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--------- SHORT TERM RATINGS: ------------------- Abc Transformers Pvt Ltd

Non fund based – BG ICRA A4

25 Continues to remain under ‘Issuer Not Cooperating' category Agrawal Distilleries Pvt Ltd

ST – Non-Fund Based ICRA A4

Withdrawn Apcotex Industries Ltd

ST Non-FBL

ICRA A1+

Reaffirmed Bhartiya Micro Credit

MFI Grading

- Revised from M2 H R Builders

Non-FBL - BG

ICRA A4

238.1 Rating Continues to remain under the ‘Issuer Not Cooperating' category Munjal Auto Industries Ltd

ST Fund based

ICRA A1+

Reaffirmed Munjal Auto Industries Ltd

ST Non-fund based

ICRA A1+

166.4 Reaffirmed Munjal Auto Industries Ltd

ICRA A1+

Reaffirmed Saregama India Ltd

ICRA A1+

Reaffirmed Smt. Nandamuri Basava Taraka

Non-fund Based –

ICRA A2+

Reaffirmed Ramarao Memorial Cancer

Working Capital Fac Foundation Time Technoplast Ltd

CP Programme

ICRA A1+

Reaffirmed Transport Corporation Of India

ICRA A1+

Reaffirmed Ltd Uti Asset Management Co. Ltd

UTI Money Market Fund ICRA A1+mfs -

outstanding Uti Asset Management Co. Ltd

UTI Liquid Cash Plan ICRA A1+mfs -

outstanding Uti Asset Management Co. Ltd

UTI Overnight Fund

ICRA A1+mfs -

outstanding LONG TERM RATINGS: ------------------- Abc Transformers Pvt Ltd

Fund based - CC

ICRA B+

(Stable) Continues to remain under ‘Issuer Not Cooperating' category Abc Transformers Pvt Ltd

Unallocated – LT

ICRA B+

(Stable) Continues to remain under ‘Issuer Not Cooperating' category Agrawal Distilleries Pvt Ltd

LT - Fund Based/ CC ICRA B+

Withdrawn

(Stable) Agrawal Distilleries Pvt Ltd

LT - Fund Based/ TL ICRA B+

Withdrawn

(Stable) Agrawal Distilleries Pvt Ltd

LT – Unallocated

ICRA B+

Withdrawn

(Stable) Apcotex Industries Ltd

LT FB Limits

ICRA AA-

Reaffirmed

(Stable) Apcotex Industries Ltd

ICRA AA-

Reaffirmed

(Stable) Apcotex Industries Ltd

LT / ST – FB/ Non-FBL ICRA AA-

Reaffirmed

(Stable)/

ICRA A1+ Classic Display Systems Pvt.

Fund based- CC

ICRA BB

60 Ltd.

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Classic Display Systems Pvt.

Fund base TL

ICRA BB

35 Ltd.

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Classic Display Systems Pvt.

Unallocated

ICRA BB

30 Ltd.

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Druk Green Power Corporation

Issuer Rating

ICRA BBB+

Reaffirmed Ltd

(Stable) Ge Power India Ltd (Erstwhile

Fund based - Working ICRA AA-

Reaffirmed Alstom (PA: ALSO ) India Ltd)

Capital Fac

(Stable) Ge Power India Ltd (Erstwhile

Non-fund based – BG/ ICRA AA-

38000 Reaffirmed Alstom India Ltd)

(Stable)/

ICRA A1+ Ge Power India Ltd (Erstwhile

Unallocated

ICRA AA-

Reaffirmed Alstom India Ltd)

(Stable)/

ICRA A1+ H R Builders

FBL- Overdraft

ICRA B+

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Ind Swift Laboratories Ltd

ICRA D

6108.9 Rating continues to remain under the ‘Issuer Not Cooperating' category Ind Swift Laboratories Ltd

FB Working Capital FacICRA D

3034.1 Rating continues to remain under the ‘Issuer Not Cooperating' category Ind Swift Laboratories Ltd

Non-fund Based

ICRA D

Working Capital Fac Rating continues to remain under the ‘Issuer Not Cooperating' category Ind Swift Laboratories Ltd

Unallocated Limits

ICRA D/

342.7

ICRA D Rating continues to remain under the ‘Issuer Not Cooperating' category Infibeam Avenues Ltd

FB Fac

ICRA A-

(Negative) Downgraded from ICRA A (Negative) Janta Rice Mills

LT Fund based/ CC

ICRA B

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Janta Rice Mills

LT Fund based/

ICRA B

Warehousing Receipt (Stable)

Finance Rating Continues to remain under the ‘Issuer Not Cooperating' category Janta Rice Mills

ICRA B

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Munjal Auto Industries Ltd

LT Fund based/ CC

ICRA AA-

Reaffirmed

(Stable) Munjal Auto Industries Ltd

LT Fund based TL

ICRA AA-

795.9 Reaffirmed

(Stable) Munjal Auto Industries Ltd

LT/ ST Unallocated

ICRA AA-

Reaffirmed

(Stable)/

ICRA A1+ Ochre And Black Pvt Ltd

LT FB limits

ICRA A

(Negative)/

ICRA A1 Downgraded from ICRA A+ (Stable)/ ICRA A1+ Sbi General Insurance Co. Ltd

CPA rating

Reaffirmed Select Infrastructure Pvt Ltd

LT Unallocated

ICRA AA

Reaffirmed

(Stable) Shirdiwale Sai Exim Pvt Ltd

Fund based - CC

ICRA D

80 Continues to remain under the ‘Issuer Not Cooperating' category Smt. Nandamuri Basava Taraka

Fund Based – TL

ICRA A-

Reaffirmed Ramarao Memorial Cancer

(Stable) Foundation Smt. Nandamuri Basava Taraka

Fund Based – Working ICRA A-

Reaffirmed Ramarao Memorial Cancer

Capital Fac

(Stable) Foundation Smt. Nandamuri Basava Taraka

Unallocated

ICRA A-

Reaffirmed Ramarao Memorial Cancer

(Stable)/ Foundation

A2+ Srs Healthcare And Research

LT / ST -Unallocated ICRA D/

1150 Centre Ltd

ICRA D Rating continues to remain under the ‘Issuer Not Cooperating' category Surya Foods

Fund based- CC

ICRA B

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Surya Foods

Fund based- TL

ICRA B

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Surya Foods

Unallocated

ICRA B

(Stable) Rating Continues to remain under the ‘Issuer Not Cooperating' category Tangsibji Hydro Energy Ltd

ICRA BBB-

Reaffirmed

(Stable) Uti Asset Management Co. Ltd

UTI Capital

ICRA AAA

Reaffirmed

Protection Oriented (SO)

Scheme Series X - Plan 2 Uti Asset Management Co. Ltd

UTI Capital

ICRA AAA

Reaffirmed

Protection Oriented (SO)

Scheme Series IX - Plan 1 Uti Asset Management Co. Ltd

UTI Capital

ICRA AAA

Reaffirmed

Protection Oriented (SO)

Scheme Series IX - Plan 2 Uti Asset Management Co. Ltd

UTI Capital

ICRA AAA

Reaffirmed

Protection Oriented (SO)

Scheme Series IX - Plan 3 Uti Asset Management Co. Ltd

UTI Corporate Bond

ICRA AAAmfs -

outstanding

Fund Uti Asset Management Co. Ltd

UTI Ultra ST Fund

ICRA AAmfs -

outstanding Uti Asset Management Co. Ltd

UTI Treasury

ICRA BBB+mfs -

outstanding

Advantage Fund Uti Asset Management Co. Ltd

UTI Bond Fund

ICRA BBBmfs@ -

outstanding @Under rating watch with negative implications Uti Asset Management Co. Ltd

UTI Dynamic Bond Fund ICRA BBBmfs@ -

outstanding @Under rating watch with negative implications Uti Asset Management Co. Ltd

UTI Bking and PSU

outstanding

Debt Fund

BBB-mfs@ @Under rating watch with negative implications -------------------------------------------------------------------------------------------- $: 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 ICRA 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.