Rating Movement between October 2014 to March 2015 … Annexure II...Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 1 Aadi Procon Private Limited CARE B+ CARE

Sr.No. Name of the Issuer Rating Prior to revision Rating post revision

1 Aadi Procon Private Limited CARE B+ CARE BB-

2 Aadit Enterprises CARE B+ CARE D

3 Aakash Global Foods Private Limited CARE BB CARE BB+

4 Aban Offshore Limited CARE D CARE BB-

5 ABP Private Limited CARE A CARE A-

6 Accel Frontline Limited CARE BB CARE BB+

7 Ace Tyres Limited CARE BBB CARE A-

8 Adani International Container Terminal Private Limited CARE A- CARE A

9 Adani Power Maharashtra Limited CARE BBB- CARE BBB

10 Adani Power Rajasthan Limited CARE BBB- CARE BBB

11 Adhunik Power & Natural Resources Limited CARE BBB CARE BB+

12 Adinath Motors CARE B+ CARE BB-

13 Aditya Exim Limited CARE BB- CARE D

14 Aegis Limited CARE A CARE A+

15

Agarwal Marketing and Services (Energy) Private

Limited CARE BB CARE BB-

16 Agarwal Rubber Limited CARE B+ CARE BB-

17 AGC Networks Limited CARE BBB+ CARE BBB-

18 Agile Electric Sub Assembly Private Limited CARE BBB CARE A-

19 Agrasen Engineering Industries Limited CARE BBB CARE BBB+

20 Ahluwalia Contracts India Limited CARE BBB CARE BBB+

21 Ahuja Overseas CARE B+ CARE BB-

22 AHW Steels Limited CARE BB+ CARE BBB-

23 Aishwarya Technologies and Telecom Limited CARE C CARE B-

24 Ajmera Pharmasure Private Limited CARE BB- CARE BB

25 AksharChem (India) Limited CARE BBB+ CARE A-

26 Alankit Assignments Limited CARE BB+ CARE BB

27 Alba Asia Private Limited CARE D CARE C

28 Alfa Ica (India) Limited CARE BBB- CARE BBB

29 Allied Blenders & Distillers Private Limited CARE BBB- CARE BBB

30 Alok Industries Limited CARE BBB CARE BBB-

31 Amalgamated Bean Coffee Trading Company Limited CARE A+ CARE A

32 Amanta Healthcare Limited CARE BB+ CARE BBB-

33 Amar Cottex Private Limited CARE B CARE B+

34 Amar Plastics CARE BB+ CARE BB

35 Amarsagar Seafoods Private Limited CARE BB- CARE BB

36 Amba River Coke Limited CARE BBB+ CARE A

37 AMCL Machinery Limited CARE BBB+ (SO) CARE BBB- (SO)

38 Amit Mines Private Limited CARE B CARE BB-

39 Amman-Try Sponge & Power Private Limited CARE BB+ CARE BBB-

40 Ample Textile Corporation Private Limited CARE B+ CARE BB-

41 Amritesh Industries Private Limited CARE BB CARE BB-

42 Ananda Offset Private Limited CARE A CARE A-

43 Anantha PVC Pipes Private Limited CARE BB- CARE B

44

Andhra Pradesh Heavy Machinery and Engineering

Limited CARE A- CARE A

45 Anil Limited CARE A- CARE BBB+

46 Ankit Gems Private Limited CARE BBB CARE BBB+

47 Ankur Biochem Private Limited CARE BBB- CARE BBB

48 Annu Infra Construct India Private Limited CARE BB CARE BB+

49 Anupam Industries Limited CARE BBB+ CARE BBB-

Annexure IIRating Movement between October 2014 to March 2015 Long Term

1


50 Anupam MHI Industries Limited CARE BBB CARE BBB+

51 Apco Infratech Private Limited CARE BBB CARE BBB+

52 APE Power Private Limited CARE BB- CARE BB

53 Aran Kitchenworld India Private Limited CARE B CARE D

54 Arcadia Shipping Limited CARE BBB CARE BBB-

55 ARG Royal Ensign Developers Private Limited CARE B+ CARE B

56 Aristo Realty Developers Limited CARE BB+ CARE BB

57 Arkay Energy (Rameswarm) Limited CARE BBB- CARE BBB

58 Arti Silk Mills Private Limited CARE BB- CARE BB

59 Arumugha Mudaliar Sornam Educational Trust CARE BB- CARE D

60 Asan Memorial Association CARE BB CARE D

61 Ashaganga Exports CARE BB- CARE BB

62 Ashiana Housing Limited CARE BBB+ (Is) CARE A- (Is)

63 Asian Hotels (North) Limited CARE BBB CARE BBB-

64 ASK Home Furnishing Private Limited CARE BB- CARE BB

65 Asomi Finance Private Limited CARE BB- CARE BB

66 Associated Power Structure Private Limited CARE BB+ CARE BBB-

67 Asta Ceramic Private Limited CARE B+ CARE BB-

68 Aster Infratek Private Limited CARE BB CARE BB-

69 Astron Developers Private Limited CARE D CARE B

70 Astron Packaging Limited CARE BBB CARE BBB+

71 ATC Tires Private Limited CARE A+ CARE AA-

72 Atul Limited CARE AA CARE AA+

73 Au Financiers India Limited CARE A- CARE A

74 Au Financiers India Limited CARE A CARE A+

75 Autodecor Private Limited CARE B CARE D

76 Avaneetha Textile Private Limited CARE BB+ CARE BBB-

77 Avinash Developers Private Limited CARE BB- CARE BB

78 Avirat Cotton Industries Private Limited CARE B CARE B+

79 Avni Yarns Private Limited CARE B CARE B+

80 Axtel Industries Limited CARE BBB CARE BBB-

81 Badarpur Faridabad Tollway Limited CARE B CARE D

82 Bahl Paper Mills Limited CARE BBB CARE BBB+

83 Bajaj Energy Private Limited CARE BBB+ CARE A-

84 Bajaj Hindusthan Limited CARE BBB+ CARE BB

85 Bajoria Appliances Private Limited CARE BBB- CARE BBB

86 Balaji Chawal Mills Private Limited CARE B CARE D

87 Balaji Fiber Reinforce Private Limited CARE B+ CARE D

88 Balaji Filaments Limited CARE BB CARE D

89 Balaji Formalin Private Limited CARE BBB- CARE BBB

90 Balarka Fabricon Private Limited CARE B CARE BB-

91 Banswara Global Limited CARE BBB (SO) CARE BBB+ (SO)

92 Banswara Syntex Limited CARE BBB CARE BBB+

93 Beam Flashlight Private Limited CARE C CARE D

94 Bebitz Flanges Works Private Limited CARE BBB CARE A-

95 BEJ Ceramic CARE B+ CARE BB-

96 Bellona Estate Developers Limited CARE BBB (SO) CARE BB (SO)

97 Bengal & Assam Company Limited CARE BBB CARE A

98 Bengal Aerotropolis Projects Limited CARE BBB- CARE BBB

99 Bhadrashree Steel and Power Limited CARE BB- CARE BB+

100 Bhagyoday Agro Industries CARE B CARE B+

101 Bharat Chemicals and Paints CARE B+ CARE D

102 Bharat Hotels Limited CARE BBB+ CARE BBB-

103 Bharat Serums & Vaccines Limited CARE A- CARE A

2


104 Bharti Vidhyapeeth Pune CARE BBB CARE BBB+

105 Bharuch Dahej Railway Company Limited CARE BBB+ CARE A-

106 Bhavani Cotspin CARE BB- CARE BB

107 Bhavesh Ginning Industries CARE B CARE B+

108 Bhavnagar Energy Company Limited CARE A- CARE BBB+

109 Bhilangana Hydro Power Limited CARE BBB CARE BBB+

110 Bhrunda Infra Private Limited CARE B+ CARE BB-

111 Bhushan Steel Limited CARE BB @ CARE D

112 Bindlas Duplux Limited CARE BB+ CARE BBB-

113 Biological E. Limited CARE A CARE A+

114 Biostadt India Limited CARE BBB+ CARE A-

115 Bird Worldwide Flight Services India Private Limited CARE BBB+ CARE A-

116 Birla Ericsson Optical Limited CARE BBB (SO) CARE A- (SO)

117 Black Rose Industries Limited CARE BB- CARE BB

118 BMP Steels Private Limited CARE BBB- (SO) CARE BBB (SO)

119 Borkar Packaging Private Limited CARE BBB- CARE BBB

120 BSL Limited CARE BBB- CARE BBB

121 C.L. Gupta Exports Limited CARE BBB- CARE BBB

122 C.P. Milk and Food Products Private Limited CARE BB- CARE BB+

123 Cadila Pharmaceuticals Limited CARE A- CARE A

124 Can Fin Homes Limited CARE AA+ CARE AAA

125 Captain Pipes Limited CARE B CARE BB-

126 CEAT Limited CARE A CARE A+

127 Celite Tyre Corporation CARE BB CARE BB+

128 Century Infrapower Private Limited CARE BB CARE BB+

129 Century Texofin Private Limited CARE BB- CARE BB

130 Chandigarh Educational Society CARE BB+ CARE BBB

131 Chandigarh Educational Trust CARE BBB CARE BBB+

132 Chandra Autowheels Private Limited CARE B+ CARE B

133 Chengmari Tea Company Limited CARE BB CARE BB+

134 Chhattisgarh Steel & Power Limited CARE B- CARE B+

135 Chirayu Charitable Foundation CARE BB- CARE BB

136 Chiripal Charitable Trust CARE D CARE B+

137 City Rolling Mills Private Limited CARE B+ CARE BB

138 Classic Citi Investments Private Limited CARE A- (SO) CARE A (SO)

139 Classic Wears Private Limited CARE B CARE B+

140 Compuage Infocom Limited CARE BBB- CARE BBB

141 Constant Engineering Private Limited CARE B+ CARE D

142 Corporation Bank CARE AA+ CARE AA

143 Corporation Bank CARE AAA CARE AA+

144 Cosmopolitan Hospitals Private Limited CARE BBB+ CARE BBB

145 Cox & Kings Limited CARE AA- CARE AA

146 Creamy Foods Limited CARE BBB- CARE BBB

147 Creative Casuals India Private Limited CARE BBB (SO) CARE BBB+ (SO)

148 Creative Garments Private Limited CARE BBB CARE BBB+

149 Creative Portico Private Limited CARE BBB CARE BBB+

150 Creative Textile Mills Private Limited CARE BBB CARE BBB+

151 Credo Brands Marketing Private Limited CARE A+ CARE AA-

152 CTS Industries Limited CARE C CARE D

153 Cuprum Bagrodia Limited CARE BBB CARE BBB+

154 D. Navinchandra Exports Private Limited CARE BBB- CARE BBB

155

D.E.C. Infrastructures and Projects (India) Private

Limited CARE BBB CARE BBB+

156 Dakshin Gujarat Vij Company Limited CARE A CARE A+

3


157 Damodar Industries Limited CARE BBB- CARE BBB

158 Damodar Valley Corporation CARE AA- CARE A+

159 Darbhanga Motihari Transmission Company Limited CARE BBB- CARE BBB+ (SO)

160 Datta Agro Services Private Limited CARE BB CARE D

161 DB Corp Limited CARE AA+ CARE AAA

162 De Converter India Private Limited CARE BB- CARE BB

163 Deepak Nexgen Feeds Private Limited CARE BB- CARE BB

164 Deepika Infratech Private Limited CARE B CARE D

165 Deevya Shakti Paper Mills Private Limited CARE BBB- CARE BBB

166 Devu Tools Private Limited CARE BB CARE BB+

167 Dhanania Rubber Limited CARE BB- CARE BB

168 Dhanraj Dhadda and Sons CARE BB CARE BB+

169 Dharampal Premchand Limited CARE BB CARE BBB-

170 Dharti Cotton Private Limited CARE B CARE B+

171 Dharti Dredging & Infrastructure Limited CARE B- CARE BB+

172 Dhruv Industries Limited CARE BB- CARE BB

173 Dhunseri Petrochem Limited CARE A+ @ CARE A

174 Diamond Power Infrastructure Limited CARE BBB+ CARE C

175 Diamond Power Infrastructure Limited CARE BBB+ CARE D

176 Diamond Power Transformers Limited CARE BBB+ (SO) CARE C (SO)

177 Diamond Power Transformers Limited CARE BBB+ (SO) CARE C (SO)

178 Digamber Capfin Limited CARE BB CARE BB+

179 Dineshchandra R. Agrawal Infracon Private Limited CARE BBB+ CARE A-

180 Dishman FZE CARE BBB (SO) CARE BBB+ (SO)

181 Dishman Infrastructure Limited CARE C CARE D

182 Dishman Pharmaceuticals and Chemicals Limited CARE BBB CARE BBB+

183 Dolbi`s Granite Exports Private Limited CARE B- CARE D

184 Dreisatz Mysolar 24 Private Limited CARE BBB+ CARE A-

185 DRT-Anthea Aroma Chemicals Private Limited CARE BBB+ CARE A-

186 Duke Sponge and Iron Private Limited CARE B CARE B+

187 Duncans Industries Limited CARE B- CARE D

188 Duncans Tea Limited CARE BB CARE BB+

189 Dunn Foods Private Limited CARE BB- CARE D

190 Durgapur Medical Centre Private Limited CARE BBB- CARE BBB

191 Dynamic Cables Private Limited CARE B+ CARE BB

192 E-City Digital Cinemas Private Limited CARE BBB- CARE BBB

193 Ecomotel Hotel Limited CARE C CARE D

194 Elecon Engineering Company Limited CARE A+ CARE A

195 Elecon EPC Projects Limited CARE A+ (SO) (In Principle) CARE A (SO) (In Principle)

196 Electromech CARE B+ CARE BB-

197 Emcure Pharmaceuticals Limited CARE A+ CARE AA-

198 EMS Infracon Private Limited CARE BB+ CARE BBB-

199 EMT Megatherm Private Limited CARE BBB- CARE BB+

200 Enaltec Labs Private Limited CARE BBB- CARE BBB

201 Energo Engineering Projects Limited CARE BBB- CARE BBB

202 Energy Development Company Limited CARE BBB+ CARE BBB

203 Ennore Tank Terminals Private Limited CARE BBB+ CARE A

204 Enviro Control Associates India Private Limited CARE A- CARE A

205 Equitas Finance Private Limited CARE BBB+ CARE A-

206 Equitas Micro Finance Private Limited CARE A- CARE A

207 Equitas Micro Finance Private Limited - Securitization CARE BBB (SO) CARE A+ (SO)

4


208 ESAF Microfinance & Investments Private Limited CARE BBB- CARE BBB

209 Eskay Silk Industries Private Limited CARE B+ CARE BB-

210 Ess Kay Auto Finance Private Limited CARE BBB- CARE BBB

211 Ess Kay Auto Finance Private Limited CARE BB+ CARE BBB-

212 Essel Bhind Mihona Gopalpur Toll Roads Limited CARE BBB- (SO) CARE BBB+ (SO)

213 Essel Bina Khimalasa Malthon Toll Roads Limited CARE BBB- (SO) CARE BBB+ (SO)

214 Essel Damoh - Jabalpur Toll Roads Limited CARE BBB- (SO) CARE BBB+ (SO)

215 Essel Gwalior Shivpuri Toll Roads Private Limited CARE BBB- (SO) CARE BBB+ (SO)

216 Essel Infraprojects Limited CARE BBB- CARE BBB+

217 Essel Ludhiana Talwandi Toll Roads Private Limited CARE BBB- (SO) CARE BBB+ (SO)

218 Essel Mhow Ghatabillod Toll Roads Private Limited CARE BBB- (SO) CARE BBB+ (SO)

219 Essel Sagar Damoh Toll Roads Limited CARE BBB- (SO) CARE BBB+ (SO)

220

Essel Walajahpet Poonamallee Toll Roads Private

Limited CARE BBB- (SO) CARE BBB+ (SO)

221 Eureka Forbes Limited CARE AA CARE AA-

222 Everest Kanto Cylinder Limited CARE BB+ CARE C

223 Everest Kanto Cylinder Limited CARE BB+ CARE D

224 Exel Rubber Limited CARE A- CARE A

225 Expat Engineering India Limited CARE B+ CARE B

226 Express Infrastructure Private Limited CARE A- CARE A+

227 Fabworth Promoters Private Limited CARE BBB- CARE BB+

228 Facor Power Limited CARE BB CARE C

229 Facor Power Limited CARE BB CARE D

230 Fahrenheit Automobiles Private Limited CARE B- CARE BB-

231 Farmers Fortune (India) Private Limited CARE A- CARE A

232 Faze Three Limited CARE D CARE C

233 Fibremarx Papers Private Limited CARE BB- CARE BB

234 Firestar Diamond BVBA CARE A- (SO) CARE BBB+ (SO)

235 Firestar Diamond BVBA CARE A- (SO) (In Principle) CARE BBB+ (SO) (In Principle)

236 Firestar Diamond International Private Limited CARE A- (SO) CARE BBB+ (SO)

237 Firestar Diamond Limited CARE A- (SO) CARE BBB+ (SO)

238 Firestar International Private Limited CARE A- (SO) CARE BBB+ (SO)

239 Fivebro International Private Limited CARE B- CARE D

240 Foods and Inns Limited CARE B+ CARE BB+

241

Foundation for Life Sciences and Business

Management (Shoolini University) CARE BB- CARE BB

242 Friends Salt Works & Allied Industries CARE BB+ CARE BBB-

243 Fun Multiplex Private Limited CARE BBB+ CARE A-

244 Future Retail Limited CARE A CARE AA-

245 G. S. Radiators Limited CARE B CARE B+

246 Gajra Gears Private Limited CARE B- CARE B+

247 Gammon India Limited CARE C CARE D

248 Gangamai Industries & Construtions Limited CARE BB+ CARE BB

249 Gangavaram Port Limited CARE A CARE A+

250 Ganpat Lal Pawan Kumar Traders Private Limited CARE BB CARE D

251 Gardex CARE B+ CARE BB

252 Garg Inox Limited CARE BB CARE BB-

253 Gati Infrastructure Private Limited CARE D CARE BB-

254 Gati Kintetsu Express Private Limited CARE A- CARE A

5


255 Gayatri Rice Mill CARE BB CARE BB+

256 Gee Pee Infotech Private Limited CARE BB CARE D

257 Genesis Resorts Private Limited CARE BB CARE D

258 Gennova Biopharmaceutical Limited CARE A+ (SO) CARE AA- (SO)

259 Genus Paper & Boards Limited CARE BB- CARE BBB-

260 Ghanshyam Das Rungta Foundation CARE BB- CARE BB+

261 Ghaziabad Ispat Udyog Limited CARE BB CARE BB-

262 Ghaziabad Precision Products Private Limited CARE BBB- CARE BBB

263 GHCL Limited CARE BBB CARE BBB+

264 Gina Developers Private Limited CARE B+ CARE BB-

265 GJS Infratech Private Limited CARE BB CARE BB+

266 Glass Equipment India Limited CARE BBB+ (SO) CARE BBB- (SO)

267 Glass Wall Systems (India) Private Limited CARE BBB CARE A-

268 Global Energyfood Industries Private Limited CARE B CARE BB-

269 Globetrotters Educational Innoventions Private Limited CARE BB+ CARE BBB-

270 GMR Chennai Outer Ring Road Private Limited CARE BBB+ (SO) CARE BBB (SO)

271 GMR Energy Limited CARE BBB+ (SO) CARE BBB (SO)

272 GMR Infrastructure (Mauritius) Limited CARE BBB+ (SO) CARE BBB (SO)

273 GMR Infrastructure Limited CARE BBB+ CARE BBB

274 GMR Rajahmundry Energy Limited CARE BB CARE D

275 Godawari Green Energy Limited CARE BBB- CARE BBB

276 Gold Field Shiksha Sanstha (Regd.) CARE BBB- CARE BB+

277 Golden Jubilee Hotels Limited CARE D CARE B

278 Golden Metal Private Limited CARE BB- CARE BB

279 Golden Seams Industries Private Limited CARE BB CARE BB+

280 GPT Healthcare Private Limited CARE BB CARE BB+

281 GPT Infraprojects Limited CARE BBB CARE BBB-

282 Grain Milling Company Private Limited CARE BBB- CARE BBB

283 Grand Windsor Resorts Limited CARE BBB- CARE BB+

284 Grauer & Weil (India) Limited CARE A- CARE A

285 Gravity Ferrous Private Limited CARE BB- CARE BB

286 Greenbrilliance Energy Private Limited CARE BB CARE D

287 Gripwell Tools Industries CARE B+ CARE BB-

288 GTN Enterprises Limited CARE BB- CARE BB

289 Gujarat Energy Transmission Corporation Limited CARE A CARE A+

290 Gujarat Foils Limited CARE BBB- CARE BBB

291 Gujarat Hy-Spin Private Limited CARE B CARE B+

292 Gujarat JHM Hotels Limited CARE BBB- CARE BBB

293 Gujarat State Electricity Corporation Limited CARE A CARE A+

294 Gujarat State Petroleum Corporation Limited CARE AA+ CARE AA

295 Gujarat State Petroleum Corporation Limited CARE AA CARE AA-

296 Gujarat Urja Vikas Nigam Limited CARE A CARE A+

297 Gulf Asphalt Private Limtied CARE BBB- CARE BBB

298 Gulshan Polyols Limited CARE A CARE A+

299 Gupta Metal Sheets Limited CARE D CARE B

300 Gurudeo Exports Corporation Private Limited CARE BB CARE BB+

301 Gurulaxmi Cottex Private Limited CARE B+ CARE BB-

302 GVK Deoli Kota Expressway Private Limited CARE BBB CARE BBB-

303 GVK Emergency Management and Research Institute CARE BBB- CARE BBB

304 GVK Gautami Power Limited CARE BB+ CARE D

305 GVK Industries Limited CARE BB+ CARE D

306 H. K. Designs India CARE BBB CARE BBB+

6


307 H.G.Infra Engineering Private Limited CARE BBB- CARE BBB

308 Haldia Energy Limited CARE BBB+ CARE A-

309 Harihar Alloys Private Limited CARE B CARE BB-

310 Harikrishna Cotgin Private Limited CARE D CARE B

311 Hariom Polypacks Limited CARE BB- CARE BB

312 Hazaribagh Ranchi Express Limited CARE A CARE AA-

313 Heavy Metals and Tubes Limited CARE BB+ CARE B

314 Hercules Automobiles International Private Limited CARE BB+ CARE BB

315 Hester Biosciences Limited CARE BBB+ CARE BBB

316 Hester Biosciences Limited CARE BBB CARE BBB+

317 Hetero Drugs Limited CARE A- CARE A

318 Hetero Labs Limited CARE A CARE A+

319 Hetero Wind Power Limited CARE A (SO) CARE A+ (SO)

320 Himachal Energy Private Limited CARE BBB+ CARE A-

321 Himalayan Expressway Limited CARE BBB CARE BBB-

322 Hinduja National Power Corporation Limited CARE BBB CARE BBB+

323 Hindupur Steel And Alloys Private Limited CARE B+ CARE B

324 Hindustan Paper Corporation Limited CARE BB CARE BB+

325 Hindusthan National Glass and Industries Limited CARE BBB+ @ CARE BBB-

326 Hitech Print Systems Limited CARE D CARE B

327 HMT Machine Tools Limited CARE C CARE D

328 Home First Finance Company India Private Limited CARE BBB CARE BBB+

329 IBD Universal Private Limited CARE BB- CARE D

330 IFCI Factors Limited CARE BBB+ CARE BBB

331 IFCI Limited CARE A- CARE A

332 IFCI Limited CARE A CARE A+

333 IFGL Exports Limited CARE A+ (SO) CARE AA- (SO)

334 IFGL Refractories Limited CARE A+ CARE AA-

335 Igarashi Motors India Limited CARE BBB+ CARE A

336 IL&FS Tamil Nadu Power Company Limited CARE BBB- CARE BBB

337 IMI Abrasives Private Limited CARE BB- CARE BB

338 Impact Solar Power Private Limited CARE BB CARE BB-

339 Impetus Infotech (India) Private Limited CARE BBB+ CARE A

340 Ind-Barath Powergencom Limited CARE BB- CARE BB+

341 Independent News Service Private Limited CARE BBB CARE BBB+

342 India TV Interactive Media Private Limited CARE BB+ CARE BBB

343 Indian Cane Power Limited CARE BB CARE BB+

344 Indo Shell Cast Private Limited CARE BBB- CARE BBB

345 Indusind Bank Limited CARE AA CARE AA+

346 Infinite Water Solutions Private Limited CARE BBB- CARE BBB

347 Instromedix India Private Limited CARE BB+ CARE BB

348 Integrated Cleanroom Technologies Private Limited CARE BBB+ CARE A-

349 Integrated Fire Protection Private Limited CARE BB- CARE BB

350 Integrated Rubian Exports Limited CARE B+ CARE BB-

351 Integrated Thermoplastics Limited CARE C CARE D

352 Inter India Roadways Private Limited CARE B+ CARE BB-

353 International Trading Corporation CARE BB CARE BB+

354 Intex Technologies (India) Limited CARE BBB CARE BBB+

355 IPC Packaging Company Private Limited CARE B CARE D

356 IRB Tumkur Chitradurga Tollway Private Limited CARE BBB+ (SO) CARE A- (SO)

357 Iris Computers Limited CARE BBB @ CARE BBB+

7


358 IVRCL Chengapalli Tollways Limited CARE BBB- @ CARE D

359 J.M. Mhatre Infra Private Limited CARE BB CARE BB-

360 Jai Maa Sharda Agro and Rice Mills Private Limited CARE B+ CARE BB-

361 Jai Prakash Sewa Sansthan CARE A CARE A-

362 Jai Prakash Sewa Sansthan CARE A- CARE BBB-

363 Jaiprakash Associates Limited CARE A CARE A-

364 Jaiprakash Associates Limited CARE A- CARE BBB-

365 Jaiprakash Power Ventures Limited CARE A- (SO) CARE BBB+ (SO)

366 Jaiprakash Power Ventures Limited CARE BBB+ (SO) CARE BBB @

367 Jaiprakash Power Ventures Limited CARE BBB+ @ CARE BBB @

368 Jaiprakash Power Ventures Limited CARE BBB @ CARE BBB- @

369 Jalaram Ginning and Pressing CARE B+ CARE BB-

370 Jaora Nayagaon Toll Road Company Private Limited CARE BBB CARE BBB+

371 Jas Toll Road Company Limited CARE A- CARE BBB-

372 Jayka Jansahayak Trust CARE BB- CARE BB+

373 Jaypee Cement Coporation Limited CARE BBB- @ CARE BB

374 Jaypee Infratech Limited CARE A (SO) CARE A- (SO)

375 Jaypee Infratech Limited CARE A (SO) (In Principle) CARE A- (SO)

376 Jaypee Infratech Limited CARE A- (SO) CARE BBB+ (SO)

377 Jaypee Infratech Limited CARE BBB+ (SO) CARE BBB- (SO)

378 Jaypee Institute of Information Technology Society CARE A- CARE BBB-

379 Jaypee Sports International Limited CARE A (SO) CARE A- (SO)

380 Jaypee Sports International Limited CARE A (SO) (In Principle) CARE A- (SO)

381 Jaypee Sports International Limited CARE BBB CARE BBB-

382 Jaypee Sports International Limited CARE A- (SO) CARE BBB- (SO)

383 Jayshri Propack Private Limited CARE B+ CARE BB

384 JBF Industries Limited CARE BBB+ CARE A-

385 Jewel Consumer Care Private Limited CARE BB CARE BB+

386

Jharkhand Road Projects Implementation Company

Limited - PRR CARE BBB CARE BBB+

387


Limited - RPR CARE BBB CARE BBB+

388


Limited - RRR CARE BBB CARE BBB+

389 Jics Logistic Limited CARE BB+ CARE BBB-

390 Jindal Stainless Steelway Limited CARE BB CARE BB+

391 Jindal Steel And Power Limited CARE AA+ CARE AA

392 Jindal Worldwide Limited CARE BBB CARE BBB+

393 Jiya Eco Products Limited CARE BB- CARE BB

394 JK Agri Genetics Limited CARE BBB CARE BBB+

395 JK Lakshmi Cement Limited CARE AA- CARE AA

396 JK Tyre and Industries Limited CARE A CARE A+

397 JMW India Private Limited CARE BB+ CARE BBB-

398 Jodhani Brothers CARE BB CARE BB+

399 Jogani Exports CARE BB CARE BB+

400 JR Toll Road Private Limited CARE AA- (SO) CARE A+ (SO) @

401 JSIW Infrastructure Private Limited CARE BBB- CARE BBB

402 JSW Power Trading Company Limited CARE BBB+ CARE A-

403 JSW Projects Limited CARE A- CARE A

404 JSW Steel Processing Centres Limited CARE A CARE A+

405 Jupiter International Limited CARE BB+ CARE B

406 Jupiter Laminators Private Limited CARE BBB- CARE BBB

407 Jupiter Lifeline Hopitals Limited CARE BBB CARE BBB+

8


408 JVS Foods Private Limited CARE BBB- CARE BB+

409 K R F Limited CARE BBB- CARE BBB

410 K R Pulp & Papers Limited CARE BBB CARE BBB+

411 K. C. India Limited CARE BB+ CARE BBB-

412 K. K. Milk Fresh India Limited CARE BB- CARE BB

413 K.P.R. Mill Limited CARE A+ CARE AA-

414 K.P.R. Sugar Mill Limited CARE BBB CARE BBB+

415 Kadevi Industries Limited CARE D CARE B+

416 Kairali Granites CARE BB- CARE B+

417 Kalpsutra Gujarat CARE BBB- CARE BBB

418 Kamal Suitings Private Limited CARE B CARE B+

419 Kamineni Steel & Power India Private Limited CARE BB CARE BB-

420 Kandla Agro And Chemicals Private Limited CARE BB+ CARE BBB-

421 Kapil Steels Limited CARE BB CARE BBB-

422 Karnavati Engineering Limited CARE BB+ CARE BBB-

423 Karthik Alloys Limited CARE B+ CARE D

424 Kashi Jewellers CARE BBB CARE BBB+

425 Kasim Textile Mills Private Limited CARE BB CARE BB+

426 Kataria Motors Private Limited CARE BB- CARE B+

427 KBS Diamonds CARE BBB- CARE BBB

428 Keerthi Industries Limited CARE C CARE D

429 Keerthi Industries Limited CARE D CARE C

430 Khagaria Purnea Highway Project Limited CARE BBB+ CARE A

431 Khagaria Purnea Highway Project Limited CARE BBB CARE A-

432 Khaitan Electricals Limited CARE BB+ CARE BB-

433 Khyati Steels CARE BB CARE BB+

434 Knowledge Vistas Limited CARE C CARE D

435 Kontinental Steel & Power Limited CARE BBB- CARE BBB

436 Kora Shoes Private Limited CARE BB- CARE BB

437 Kothari Products Limited CARE BBB+ CARE A-

438 KPC Medical College & Hospital CARE BB- CARE BB

439 KPC Projects Limited CARE BBB- CARE BBB

440 Krishna Tissues Private Limited CARE BBB- CARE BBB

441 Kross Manufacturers (India) Private Limited CARE BB+ CARE BBB-

442 Kumar Arch Tech Private Limited CARE B+ CARE BB-

443 L. B. Kunjir CARE BB CARE BB-

444 Lakshmi Jalavidyut Krishna limited CARE BB+ CARE BB

445 Lalchand Builders Private Limited CARE B+ CARE B

446 Lambda Therapeutic Research Limited CARE A+ CARE AA-

447 Lamer Power & Infrastuctures Private Limited CARE B- CARE D

448 Lantec Technologies CARE BB+ CARE BB

449 Laxmi Board and Paper Mills Limited CARE BBB CARE BBB+

450 Laxmi Cotspin Limited CARE BB CARE BB+

451 Leiner Shoes Private Limited CARE BBB+ CARE A

452 Liya Infratech Private Limited CARE BB- CARE BB

453 Lona Industries Limited CARE BBB+ CARE A-

454 Lotus Integrated Texpark Limited CARE BBB+ (SO) CARE A- (SO)

455 Lucky Automotives Private Limited CARE B+ CARE D

456 LVJ Projects Private Limited CARE BB- CARE BB

457 M M Forgings Limited CARE A CARE A+

458 M. B. Ispat Corporation Limited CARE B CARE B+

459 M. P. Veneers Private Limited CARE BB CARE BB-

460 Maa Shakumbari Devi Charitable Trust CARE B CARE D

461 Maa Tarini Industries Limited CARE B CARE BB-

9


462 Madan Udyog Private Limited CARE B+ CARE BB-

463 Madhav Cotton Ginning and Pressing Factory CARE B+ CARE D

464 Madhav Ginning and Pressing Private Limited CARE B CARE B+

465 Madhav Infra Projects Limited CARE BBB- CARE BBB

466 Madhu India Deco Limited CARE B+ CARE BB-

467 Madhya Gujarat Vij Company Limited CARE A CARE A+

468 Madhya Pradesh Cupro Metals Private Limited CARE BB+ CARE BB

469 Madhya Pradesh Jaypee Minerals Limited CARE A (SO) CARE A- (SO)

470 Madhya Pradesh Jaypee Minerals Limited CARE A- (SO) CARE BBB- (SO)

471 Madras Sugars Limited CARE BBB+ CARE BBB

472 Madras Sugars Limited CARE BBB+ (SO) CARE BBB (SO)

473

Magadh Micro Towers and Transmission Private

Limited CARE D CARE C

474 Mahabal Metals Private Limited CARE BBB- CARE BBB

475 Mahadevia Charitable Trust CARE B+ CARE BB-

476 Mahalaxmi Rubtech Limited CARE BBB CARE BBB+

477

Maharashtra Eastern Grid Power Transmission

Company Limited CARE BBB CARE BBB+

478 Maharashtra Feeds Private Limited CARE BBB- CARE BBB

479 Mahaveer Ginning & Pressing CARE B+ CARE BB-

480 Mahaveer Ginning & Pressing Factory CARE B CARE B+

481 Mahindra Rural Housing Finance Limited CARE A+ (Is) CARE AA+ (Is)

482 Maithan Steel & Power Limited CARE BB+ CARE BBB-

483 Malladi Drugs and Pharmaceuticals Limited CARE BB+ CARE BBB-

484 Manappuram Finance Limited CARE A+ CARE AA-

485 Manidhari Gums & Chemicals CARE BB- CARE BB

486 Mantena Constructions Private Limited CARE BB- CARE BB+

487 Mantena Infra CARE BB CARE BBB-

488 Mantra Exports Private Limited CARE BBB+ CARE A-

489 Margo Plywood Private Limited CARE B+ CARE D

490 Marsons Energy Private Limited CARE BB CARE BB+

491 Marvelous Metals Private Limited CARE BB CARE BB+

492 Matangi Cotton Industries CARE B CARE B+

493 Matix Fertilizers And Chemical Limited CARE BBB- CARE BB+

494 Mayar Health Resorts Limited CARE BB CARE D

495 Mayur Uniquoters Limited CARE A+ CARE AA-

496 MB Sponge and Power Limited CARE B- CARE B+

497 MBE Coal & Mineral Technology India Private Limited CARE A (SO) CARE BBB (SO)

498 McNally Bharat Engineering Company Limited CARE A CARE BBB

499 McNally Bharat Engineering Company Limited CARE A- CARE BBB- (RPS)

500 McNally Sayaji Engineering Limited CARE A (SO) CARE BBB (SO)

501 McNally Sayaji Engineering Limited CARE BBB+ CARE BBB-

502 Mechvac Fabricators (I) Private Limited CARE B+ CARE BB

503 Meghalaya Cements Limited CARE BBB+ CARE A-

504 Meghmani Finechem Limited CARE BBB CARE BBB+

505

Mehsana District Co-Operative Milk Producers' Union

Limited CARE AA+ CARE AA

506 MI Mysolar 24 Private Limited CARE BBB+ CARE A-

507 Micro Therapeutic Research Labs Private Limited CARE BBB- CARE BBB

508 Micromax Informatics Limited CARE A- CARE A+

509 Milan Cottex CARE B CARE B+

510 Millennium Starch India Private Limited CARE B CARE D

511 Millennium Structurals India Limited CARE BB- CARE BBB-

512 Minerva Poultry Private Limited CARE D CARE B

10


513 Minesource India Private Limited CARE BB- CARE BB

514 Miraj Multi Colour Private Limited CARE BB+ CARE BB

515 MKC Infrastructure Limited CARE BB CARE BB+

516 Modi Organisors Private Limited CARE BB CARE BB+

517 Modison Copper Private Limited CARE BBB- CARE BBB

518 Modison Metals Limited CARE A- CARE A

519 Mohan Project Contractors Private Limited CARE BB+ (SO) CARE D

520 Monnet Ispat & Energy Limited CARE A+ CARE A-

521 Monnet Ispat & Energy Limited CARE A- CARE BBB-

522 MP Jaypee Coal Limited CARE A (SO) CARE A- (SO)

523 MP Jaypee Coal Limited CARE A- (SO) CARE BBB- (SO)

524 Multiplast Polymers Private Limited CARE C CARE B

525 Murarka Suitings Private Limited CARE BB- CARE BB

526 Nagpur Seoni Expressway Limited CARE AA+ (SO) (In Principle) CARE AAA (SO) (In Principle)

527 Nalini Jewellers CARE BB CARE BBB-

528 Naman Mall Management Company Private Limited CARE BB CARE D

529 Nandi Grain Derivatives Private Limited CARE B+ CARE D

530 Narsingh Ispat Limited CARE BB+ CARE BBB-

531 Navachetana Microfin Services Private Limited CARE BB CARE BB+

532 Navayuga Dichpally Tollway Private Limited CARE BBB- CARE BBB

533 Navayuga Engineering Company Limited CARE BBB CARE BBB+

534 Navbharat Fuse Company Limited CARE BB+ CARE BB

535 Navin Cotton Fiber CARE B CARE B+

536 Nehru College of Education and Charitable Trust CARE BBB CARE BBB+

537 Neptune Industries Limited CARE B CARE B+

538 New Lakshmi Jewellery CARE BB- CARE B+

539 NHDC Limited CARE AA+ CARE AAA

540 Nigam Cold Storage Private Limited CARE C CARE B

541 Nilachal Iron & Power Ltd CARE B CARE D

542 Nilkamal BITO Storage Systems Private Limited CARE BBB CARE BBB+

543 Nirvin Cold Storage Private Limited CARE C CARE B

544 Nirwan Charitable Trust CARE BB- CARE BB

545 Nish Developers Private Limited CARE BBB- CARE BBB+

546 Nitin Spinners Limited CARE BBB CARE BBB+

547 Noble Tech Industries Private Limited CARE BB CARE BB+

548 Noida Toll Bridge Company Limited CARE AA- CARE AA

549 North East Region Finservices Limited CARE BBB CARE D

550 North East Region Housing Finance Company Limited CARE BBB (SO) CARE D

551 Northwest Energy Private Limited CARE BBB+ CARE A-

552 NR Oils CARE BBB- CARE BBB

553 NSL SEZ Hyderabad Private Limited CARE BB- CARE BB+

554 Nuziveedu Swathi Coastal Consortium CARE B CARE B+

555 NVR Infrastructure and Services Private Limited CARE BBB+ CARE A-

556 Om Kailash Cotton CARE B+ CARE D

557 Omkara Polyplast Private Limited CARE B+ CARE BB-

558 Orbit Artisans Private Limited CARE BB CARE D

559 Orchid Industries Private Limited CARE BB- CARE D

560 Orient Constructions Private Limited CARE BB CARE BB+

561 Orient Craft Limited CARE BBB- CARE BBB+

562 Orient Craft Sweaters Limited CARE BB+ CARE BBB-

563 Osaka Pharmaceuticals Private Limited CARE D CARE B

11


564 Overseas Polymers Private Limited CARE BBB+ CARE A-

565 Oxygen Infrastructures and Developers Private Limited CARE B+ CARE D

566 P.M. Dall Mill Private Limited CARE B CARE B+

567 P.N. Gadgil and Sons CARE BBB CARE BBB+

568 Pacific Paper Products CARE BB- CARE D

569 Padam Motors Private Limited CARE BB- CARE BB

570 PAE Limited CARE BB CARE B+

571 Palladium Constructions Private Limited CARE BBB- CARE BBB

572 Pan India Paryatan Private Limited CARE BBB CARE A-

573 Panchkroshi Shikshan Mandal CARE B CARE D

574 Panyam Cements and Mineral Industries Limited CARE C CARE D

575 Paramount Minerals and Chemicals Limited CARE BBB- CARE BBB

576 Paras Bhavani Steel Private Limited CARE B+ CARE BB-

577 Parasram Mannulal Dall Mill Private Limited CARE B CARE B+

578 Parenteral Drugs India Limited CARE B+ CARE D

579 Parker Tiles Private Limited CARE BB- CARE BB

580 Parsvnath Estate Developers Private Limited CARE C CARE B

581 Parvin Cotex Private Limited CARE BB CARE BB-

582 Paschim Gujarat Vij Company Limited CARE A CARE A+

583 Patel Jiva Sales Private Limited CARE D CARE B-

584 Patidar Cotspin Private Limited CARE D CARE B

585 Patna Highway Projects Limited CARE BBB- CARE BB

586 Patspin India Limited CARE B CARE B+

587 Patwa City Automobiles Private Limited CARE BB- CARE BB

588 Pawar Electro Systems Private Limited CARE BBB- CARE BBB

589 PBM Polytex Limited CARE BBB+ CARE A-

590 PCM Cement Concrete Private Limited CARE C CARE B-

591 PCM Tea Processing Private Limited CARE B+ CARE BB-

592 Pengg Usha Martin Wires Private Limited CARE BBB- CARE BBB+

593 Pioneer Power Limited CARE C CARE B+

594 Pix Transmissions Limited CARE BB CARE BBB-

595 Porbandar Solar Power Limited CARE BBB- CARE BBB

596 Prabhat Elastomers Private Limited CARE BB- CARE BB

597 Prabhat Elastomers Private Limited CARE BB CARE BB+

598 Pradeep Industrial Packers Private Limited CARE BB- CARE BB

599 Pragati Agri Products Private Limited CARE BB CARE BB+

600 Pranaav Marathe Jewellers Private Limited CARE BB CARE BB+

601 Pranavaditya Spinning Mills Limited CARE B+ CARE BB

602 Pratibha Syntex Limited CARE B CARE BB-

603 Precious Energy Services Private Limited CARE BBB- CARE BBB

604 Precision Camshafts Limited CARE BBB CARE BBB+

605 Prem Motors Private Limited CARE BB+ CARE BBB-

606 Premier Limited CARE BBB- CARE BB

607 Prescient Color Limited CARE BBB- CARE BBB

608 Prime Industries CARE B+ CARE BB

609 Prince Spinners Private Limited CARE B CARE BB-

610 Pristine Mega Logistic Park Private Limited CARE BB CARE BB+

611 Prompt Enterprises Private Limited CARE BB+ CARE BBB-

612 Protech Feed Private Limited CARE B+ CARE BB

613 Provogue (India) Limited CARE BBB+ CARE BBB

614 PS Toll Road Private Limited CARE AA- (SO) CARE A+ (SO) @

615 PT Barasentosa Lestari CARE BBB+ (SO) CARE BBB (SO)

616 Purbanchal Cement Limited CARE BBB- CARE BBB

12


617 Pushp Forgings Private Limited CARE BB- CARE BB

618 R. K. Exports CARE BB CARE BB+

619 R. K. Ice & Cold Storage CARE B+ CARE D

620 R. P. Wood Product CARE BB- CARE BB

621 R.K. Infracorp Private Limited CARE BBB- CARE BBB

622 Raajratna Ventures Limited CARE BBB- CARE BBB

623 Radhalaxmi Spintex Private Limited CARE B CARE B+

624 Radhamohan Builders Private Limited CARE B- CARE B+

625 Raebareilly Allahabad Highway Private Limited CARE BB+ CARE BB

626 Raj West Power Limited CARE BBB CARE A-

627 Rajhans Metals Private Limited CARE BB- CARE B

628 Rakesh Advertising Private Limited CARE B+ CARE BB-

629 Ram Krushna Cotton Industries CARE B+ CARE BB-

630 Rama Power And Steel Private Limited CARE BB CARE BB+

631 Ramalingam Construction Company Private Limited CARE BBB- CARE BBB+

632 Ramani Ice Cream Company Limited CARE BB CARE BBB-

633 Ramani Timber Mart CARE BB- CARE B+

634 Ramdev Cotton Industries CARE B CARE B+

635 Ramkrupa Ginning & Pressing Private Limited CARE B CARE B+

636 Ramniklal and Sons CARE B+ CARE BB-

637 Rana Engineering Company CARE BB- CARE BB

638 Ranbaxy Laboratories Limited CARE AA @ CARE AAA

639 Ranjit Buildcon Limited CARE A- CARE A

640 Ranjit Toll Road Private Limited CARE A- (SO) CARE A (SO)

641 Rashmi Metaliks Limited CARE BBB CARE BBB+

642 Rashtriya Ispat Nigam Limited CARE AA+ CARE AA

643 Rational Handloom Company Private Limited CARE B+ CARE BB

644 Ratnaakar Estate Developer Private Limited CARE BB CARE BB+

645 Ratnagarbha Agro Private Limited CARE B+ CARE BB-

646 Ratnapriya Impex Private Limited CARE BB- CARE BB

647 Ravi Infrabuild Projects Private Limited CARE BBB- CARE BBB

648 Reengus Sikar Expressway Limited CARE BBB CARE BBB+

649 Refracast Metallugicals Private Limited CARE BB- CARE BB

650 Reliance Cement Company Private Limited CARE AA- (SO) CARE A+ (SO) @

651 Reliance Infrastructure Limited CARE AA- CARE A+ @

652 Reliance Life Sciences Private Limited CARE AA+ CARE AAA

653 Remi Elektrotechnik Limited CARE BBB- CARE BBB

654 Renew Wind Energy Rajkot Private Limited CARE BBB CARE BBB+

655 Resins & Allied Products CARE BBB- CARE BBB

656 Rewa Pathways Private Limited CARE D CARE B+

657 RGVN (North East) Micro Finance Limited CARE BBB CARE BBB+

658 Rico Jinfei Wheels Limited CARE BB CARE BB-

659 Riddhi Siddhi Cotex Private Limited CARE B+ CARE BB-

660 Riddhi Steel and Tube Private Limited CARE BB CARE BB+

661 Rishi Fibers Private Limited CARE B+ CARE BB-

662 Rishi Techtex Limited CARE BB- CARE BB

663 RJP Infrastructure Private Limited CARE BBB- CARE BBB

664 Robo Silicon Private Limited CARE BB- CARE BB

665 Rohit & Company CARE BB+ CARE BBB-

666 Rohit Ferro Tech Limited CARE BB- CARE B+

667 Roots Industries India Limited CARE A- CARE A

668 RPN Engineers Chennai Private Limited CARE B CARE D

669 RSM Sapthagiri Finance Limited CARE BBB- CARE BBB

13


670 S T Woven Bags Private Limited CARE B+ CARE B

671 S.N. Milk Products Private Limited CARE BB- CARE BB

672 S.P.Y. Agro Industries Limited CARE C CARE D

673 Saarth Enterprises Private Limited CARE B+ CARE BB-

674 Sabar Flex Industries CARE BB CARE D

675 Saffron Met Yarns Limited CARE BB CARE BB-

676 Sagar Cements Limited CARE BB+ CARE BBB-

677 Sahara Hospitality Limited CARE BB CARE D

678 Sahil Automobiles CARE BB CARE BB+

679 Sahyog Ginning & Pressing Private Limited CARE B CARE B+

680 Sai India Limited CARE D CARE B

681 Sai Silks Kalamandir Limited CARE BBB CARE BBB+

682 Saket Education Society CARE BBB CARE BBB+

683 Samarpan Synthetics Private Limited CARE B CARE B+

684 Samata Lok Sansthan CARE BBB CARE BBB+

685 Samhi Hotels Private Limited CARE BBB- CARE BBB

686 Sancube Infra Projects Private Limited CARE BBB (SO) CARE BBB+ (SO)

687 Sandip Nanavati CARE BB CARE BB+

688 Sangeet Syntex Limited CARE BB- CARE BB

689 Sanghvi Foods Private Limited CARE BBB- CARE BBB

690 Sanjeev Auto Part Manufacturers Private Limited CARE A- CARE A

691 Sansar Buildcon Private Limited CARE B+ CARE BB-

692 Sar Senapati Santaji Ghorpade Sugar Factory Limited CARE BB CARE D

693 Saraansh Suitings Private Limited CARE BB- CARE BB

694 Sarala Project Works Private Limited CARE BBB- CARE BBB

695 Saregama India Limited CARE BBB+ CARE A

696 Sarthi Construction CARE BB CARE BB+

697 Satadhar Cotton Industries CARE B CARE B+

698 Satya Deeptha Pharmaceuticals Limited CARE BB CARE BB+

699 Saumya Mining Limited CARE C CARE D

700 Savalia Cotton Ginning and Pressing Private Limited CARE B CARE B+

701 Scion Exports Private Limited CARE BB CARE BBB-

702 SE Forge Limited CARE C CARE D

703 Seacem Paints India Private Limited CARE B CARE D

704 Serman India Road Makers Private Limited CARE B+ CARE BB-

705 Seya Industries Limited CARE BB+ CARE BBB

706 Shagun Jewellers Private Limited CARE BB- CARE BB

707 Shairu Gems Diamonds Private Limited CARE BBB- CARE BBB

708 Shalimar Paints Limited CARE A @ CARE BBB+

709 Shamanur Sugars Limited CARE C CARE D

710 Shanthi Feeds Private Limited CARE BBB CARE BBB+

711 Sharda Educational Trust CARE BBB- CARE BB+

712 Sharon Bio-Medicine Limited CARE BBB- CARE BB

713 Sharp Ferro Alloys Limited CARE BBB- CARE BB

714 Sheikh Bhullan and Sons CARE B+ CARE BB

715 Shemaroo Entertainment Limited CARE BBB- CARE A-

716 Shera Metal Private Limited CARE BB- CARE BB+

717 Shirdi Sai Electricals Limited CARE BBB CARE BBB+

718 Shirpur Gold Refinery Limited CARE BBB- CARE BBB+

719 Shiv Agro Industries CARE B+ CARE BB-

720 Shiv Health Foods LLP CARE BB CARE BBB-

721 Shiv Shipping Services CARE B+ CARE BB-

722 Shiva Distilleries Limited CARE BBB+ CARE BBB

14


723 Shivalik Bimetal Controls Limited CARE BBB- CARE BBB

724 Shonan Engineering Works Private Limited CARE BB- CARE BB

725 Shree Balaji Agro Farm Industries Private Limited CARE B+ CARE BB-

726 Shree Balakrishna Exports CARE BB CARE BB+

727 Shree Datt Aquaculture Farms Private Limited CARE B+ CARE BB-

728 Shree Hari Chemicals Export Limited CARE B CARE BB+

729 Shree Jagannath Expressways Private Limited CARE BBB CARE BB+

730 Shree Jay Jagdamba Flour Mill CARE B+ CARE BB-

731 Shree Jay Jagdamba Stainless Steel Limited CARE BBB- CARE BBB

732 Shree Om Ricetech Private Limited CARE B+ CARE BB-

733 Shree Parashnath Re-Roolling Mills Limited CARE D CARE B

734 Shree Prithvi Iron Mills Private Limited CARE BB CARE BB-

735 Shree Ram Oxy-Gas Private Limited CARE BB CARE BB+

736 Shree Rama Newsprint Limited CARE BBB+ (SO) CARE BBB (SO)

737 Shree Rayon Private Limited CARE BB CARE BB+

738 Shree Sidhbali Industries Limited CARE BB CARE BB+

739 Shree Transformers CARE B+ CARE BB-

740 Shreerangam Packaging Private Limited CARE BB- CARE B+

741 Shri Balaji Industrial Engineering Limited CARE BBB- CARE BBB

742 Shri Gangajali Education Society CARE BBB CARE BBB+

743 Shri Guru Ramdas Educational Society CARE BBB CARE BBB+

744 Shri Laxman Education Trust CARE D CARE C

745 Shri Mahavir Ferro Alloys Private Limited CARE B- CARE B+

746 Shri Renuga Textiles Limited CARE C CARE D

747 Shri Shyam Ispat (India) Private Limited CARE BBB- CARE BBB

748 Shri Tirupati Steel Cast Limited CARE BB- CARE BB

749 Shri Vinayank Enterprises And Property CARE BB+ CARE BBB

750 Shrinath Cotton Industries CARE B CARE B+

751 Shubhalakshmi Polyesters Limited CARE BBB- CARE BBB

752 Sicom Investments & Finance Limited CARE BBB CARE BBB-

753 Siddhi Refoils & Industries Private Limited CARE BB CARE D

754 Sigma Industrial Corporation CARE B+ CARE BB-

755 Signet Products Private Limited CARE BB CARE BB+

756 Sim Diam Private Limited CARE BB+ CARE BB

757 SKAPS Industries (India) Private Limited CARE BBB CARE BBB+

758 SKS Power Generation (Chhattisgarh) Limited CARE BB CARE D

759 SKS Power Generation (Chhattisgarh) Limited CARE BB+ CARE D

760 Sky Alloys And Power Private Limited CARE B+ CARE D

761 Sky Cotex India Private Limited CARE BB CARE BB+

762 SLK Software Services Private Limited CARE A- CARE A

763 Smaat India Private Limited CARE BBB- CARE BBB

764 SMC Foods Limited CARE BBB- CARE BBB

765 SND Limited CARE BBB CARE A-

766 Sneha Kinetic Power Projects Private Limited CARE BBB- (SO) CARE A- (SO)

767 Sobhagia Sales Private Limited CARE B+ CARE BB

768 Soccer International Private Limited CARE BBB- CARE BBB

769 Society Distributors Private Limited CARE BB- CARE BB

770 Softtech Engineers Private Limited CARE BB- CARE BB+

771 Solitaire Energies Private Limited CARE BBB- CARE BBB

772 Sona Alloys Private Limited CARE BB+ CARE D

773 Sona Alloys Private Limited CARE D CARE B+

774 Sorento Granito Private Limited CARE C CARE B

775 South India Exim Private Limited CARE BB- CARE D

15


776 Space Exim Private Limited CARE B+ CARE BB-

777 Sphere Cube Infrastructure Private Limited CARE BBB (SO) CARE BBB+ (SO)

778 Spykar Lifestyles Private Limited CARE BB @ CARE BB+

779 Spykar Lifestyles Private Limited CARE BB+ CARE BBB-

780 Sree Saravana Engineering Bhavani Private Limited CARE BB CARE BB+

781 Sreekanth Trading Private Limited CARE BB- CARE D

782 SRG Aluminium Private Limited CARE B+ CARE D

783 Sri Anjaneya Agrotech Private Limited CARE B+ CARE BB-

784 Sri Jayajothi Textile Mills Private Limited CARE B+ CARE D

785 Sri Sri Vigneswara Constructions CARE B+ CARE BB-

786 Sri Srinivasa Educational and Charitable Trust CARE BB CARE BB+

787 SRM Institute of Science & Technology CARE BBB CARE BBB+

788 Standard Auto Agencies CARE BB CARE BB+

789

Star Agriwarehousing and Collateral Mangement

Limited CARE A- CARE A

790 Star Iris Exports Private Limited CARE BB- CARE B+

791 Star Paper Mills Limited CARE B+ CARE BB-

792 Steelcast Limited CARE BBB+ CARE BBB-

793 Sterling Addlife India Limited CARE BBB CARE BBB+

794 Stone India Limited CARE BB CARE BB-

795 Sudar Industries Limited CARE BBB- CARE BB

796 Sujana Metal Products Limited CARE B+ CARE D

797 Sujana Towers Limited CARE B+ CARE D

798 Sukh Sagar Motors Private Limited CARE B CARE B+

799 Sukh Sagar Synthetics Private Limited CARE B+ CARE BB-

800 Sulochana Cotton Spinning Mills Private Limited CARE BB+ CARE BBB-

801 Suncity Constructwell Private Limited CARE BB+ (SO) CARE BBB- (SO)

802 Suncity Projects Private Limited CARE BB+ CARE BBB-

803 Sundaram Auto Components Limited CARE A CARE A+

804 Sunface Ceramic CARE BB- CARE BB

805 Sunrise Polypack Private Limited CARE BB- CARE BB

806 Sunworld Developers Private Limited CARE BBB- CARE BB+

807 Super Agri Seeds Private Limited CARE BB+ CARE B

808 Super Agri Seeds Private Limited CARE BB+ CARE D

809 Supreme Batteries Private Limited CARE BB- CARE BB

810 Surat Metallics Limited CARE BBB- CARE BBB

811 Suruchi Foods Private Limited CARE B+ CARE BB

812 Surya Agro Products Private Limited CARE B CARE B+

813 Suryadev Alloys and Power Private Limited CARE BBB- CARE BBB

814 Suryajyoti Spinning Mills Limited CARE C CARE B-

815 Suryavamsi Farms Private Limited CARE B CARE B+

816 Suzuki Textiles Limited CARE BB- CARE BB+

817 Swarna Tollway Private Limited CARE A+ CARE AA-

818 Swastik Polytex Private Limited CARE B+ CARE BB-

819 Symphony Vyapaar Private Limited CARE BBB- CARE BBB

820 Tarunika Gaur Housing & Construction Limited CARE B- CARE D

821 TBEA Energy India Private Limited CARE BBB- CARE BBB

822 Techno Industries Limited CARE BB+ CARE BB

823 Technology House India Private Limited CARE BBB- (SO) CARE A- (SO)

824 Tecnimont ICB Private Limited CARE AA- CARE A+

825 Terram Geosynthetics Private Limited CARE BB @ CARE BB+

826 Thatavarthi Apparels Limited CARE B+ CARE BB-

827 THDC India Limited CARE AA- CARE AA

828 The Go Green Build Tech Private Limited CARE B CARE D

16


829 The West Coast Paper Mills Limited CARE BBB+ CARE BBB

830

Thiruvananthpuram Road Development Company

Limited CARE BBB CARE BBB+

831 Three Platinum Softech Private Limited CARE BB+ CARE B

832 Tide Industries CARE BBB- CARE BBB

833 Timblo Drydocks Private Limited CARE BB CARE BB-

834 Times Steel And Power Limited CARE BB- CARE B+

835 Tirupati Balaji Fibres Limited CARE BB CARE BBB-

836 TM Harbour Services Private Limited CARE BBB+ CARE A

837 Transways Exim Private Limited CARE BB CARE BBB-

838 Tripple Star Agri Private Limited CARE BB- CARE BB

839 Troikaa Pharmaceuticals Limited CARE BBB- CARE BBB

840 Truetzschler India Private Limited CARE A+ CARE AA-

841 TT Limited CARE BB+ CARE BB

842 Tulsi Paper Mills Private Limited CARE BB CARE BB+

843 Turtle Limited CARE BB- CARE BBB-

844 UM Cables Limited CARE BBB+ CARE A-

845 Umalaxmi Organics Private Limited CARE BB CARE BBB-

846 Uni-Com India Private Limited CARE BBB CARE BBB+

847 Unifab Engineering Projects Private Limited CARE BB- CARE BB

848 Unique Fur N Fabrics Private Limited CARE BB- CARE BB

849 Unique Green Energy Technologies Private Limited CARE BBB (SO) CARE BBB+ (SO)

850 Unison Forging Limited CARE B+ CARE BB-

851 United Bank of India CARE A @ CARE A+

852 United Bank of India CARE BBB+ @ CARE A-

853 Unity Jewels CARE BBB CARE BBB+

854 Unity Power Private Limited CARE BBB+ CARE A-

855 Universal Tube Accessories Private Limited CARE BBB- (SO) CARE BB+ (SO)

856 Unnati Trade and Fincon Private Limited CARE BB CARE BB+

857

Upper India Steel Manufacturing & Engineering

Company Limited CARE BB CARE BB-

858 Urjankur Shree Datta Power Company Limited CARE BBB- CARE BBB

859 Usaka Hydro Powers Private Limited CARE BB+ CARE BBB-

860 Usha Spincoat Private Limited CARE B+ CARE BB-

861 Uttar Gujarat Vij Company Limited CARE A CARE A+

862 Uttrayan Financial Services Private Limited CARE BB CARE BB+

863 V.S.T. Motors Limited CARE BBB CARE BBB-

864 Vaibhav Cotton Industries CARE B CARE B+

865 Valliammai Society CARE BBB CARE BBB+

866 Variegate Projects Private Limited CARE B+ CARE D

867 Varrsana Ispat Limited CARE BB CARE B+

868 Vedant Dyestuffs Intermediates Private Limited CARE B+ CARE BB

869 Veer Metal Industries Private Limited CARE BB- CARE BB

870 Venkateshwara Cotton Mills CARE B CARE B+

871 Vennar Ceramics Limited CARE BBB (SO) @ CARE BBB+ (SO)

872 Venus Wire Industries Private Limited CARE A- CARE A+

873 Veparseva Healthcare Private Limited CARE B CARE B+

874 Verdant Life Sciences Private Limited CARE B+ CARE BB-

875 Vids Overseas CARE B CARE B+

876 Vijay Steel Industries CARE B+ CARE BB-

877 Vikram Logistic and Maritime Services Private Limited CARE B- CARE D

878 Vilas Polymers Limited. CARE A- CARE A

879 Vindhya Telelinks Limited CARE BBB CARE A-

17


880 Vinit Gloves Manufacturing Private Limited CARE BBB- CARE BBB

881 Vippy Spinpro Limited CARE BBB CARE BBB+

882 Viraj Profiles Limited CARE BBB CARE BBB+

883 Viraj Renewable Energy Private Limited CARE BBB- CARE BBB+

884 Visa Steel Limited CARE BB CARE D

885 Vishaal Natural Food Products India Private Limited CARE BB- CARE BB

886 Vishwa Infrastructures and Services Private Limited CARE C CARE B

887 Vital Construction Private Limited CARE BBB- CARE BBB

888 VKS-Gormi Udotgarh Corridor Private Limited CARE BB+ (SO) CARE BBB- (SO)

889 VKS-Seopur Baroda Corridor Private Limited CARE BB+ (SO) CARE BBB- (SO)

890 V-Mart Retail Limited CARE A- CARE A

891 Walmark Meditech Private Limited CARE B+ CARE BB-

892 Wellknown Polysters Limited CARE A- CARE A

893 Welspun Energy Maharashtra Private Limited CARE BBB- CARE BBB+

894 Welspun India Limited CARE A CARE A+

895 Welspun Solar Madhya Pradesh Private Limited CARE BBB- CARE BBB

896 Welspun Syntex Limited CARE BBB CARE BBB+

897 Whitelotus Industries Limited CARE B+ CARE D

898 Yamuna Industries Limited CARE B+ CARE BB-

899 Yantra Steels India Private Limited CARE B CARE B+

900 Yes Bank Limited CARE AA- CARE AA

901 Yes Bank Limited CARE AA CARE AA+

902 Zen Tobacco Private Limited CARE BB- CARE B+

903 Zuventus Healthcare Limited CARE A- CARE A+

18



1 Aban Offshore Limited CARE D CARE A4

2 Accel Frontline Limited CARE A4 CARE A4+

3 Ace Tyres Limited CARE A3 CARE A2

4 Adani Power Rajasthan Limited CARE A3 CARE A3+

5 Adhunik Power & Natural Resources Limited CARE A3 CARE A4+

6 Aditya Exim Limited CARE A4 CARE D

7 Aegis Limited CARE A1 CARE A1+

8 AGC Networks Limited CARE A2 CARE A3

9 Agile Electric Sub Assembly Private Limited CARE A3 CARE A2+

10 Ahluwalia Contracts India Limited CARE A3 CARE A3+

11 AHW Steels Limited CARE A4+ CARE A3

12 AksharChem (India) Limited CARE A2 @ CARE A2+

13 Alankit Assignments Limited CARE A4+ CARE A4

14 Alba Asia Private Limited CARE D CARE A4

15 Allied Blenders & Distillers Private Limited CARE A3 CARE A3+

16 Amalgamated Bean Coffee Trading Company Limited CARE A1+ CARE A1

17 Amanta Healthcare Limited CARE A4+ CARE A3

18 AMCL Machinery Limited CARE A2 (SO) CARE A3 (SO)

19 Amman-Try Sponge & Power Private Limited CARE A4+ CARE A3

20

Andhra Pradesh Heavy Machinery and Engineering

Limited CARE A2+ CARE A1

21 Anil Limited CARE A2 CARE A3+

22 Ankur Biochem Private Limited CARE A3 CARE A3+

23 Annu Infra Construct India Private Limited CARE A4 CARE A4+

24 Anupam Industries Limited CARE A3+ CARE A3

25 Anupam MHI Industries Limited CARE A3 CARE A3+ @

26 Aran Kitchenworld India Private Limited CARE A4 CARE D

27 Arcadia Shipping Limited CARE A3+ CARE A3

28 Arkay Energy (Rameswarm) Limited CARE A3 CARE A3+

29 Asian Hotels (North) Limited CARE A2 CARE A3

30 Associated Power Structure Private Limited CARE A4+ CARE A3

31 Astron Packaging Limited CARE A3+ CARE A2

32 ATC Tires Private Limited CARE A1 CARE A1+

33 Autodecor Private Limited CARE A4 CARE D

34 Avaneetha Textile Private Limited CARE A4+ CARE A3

35 Axtel Industries Limited CARE A3+ CARE A3

36 Bahl Paper Mills Limited CARE A3 CARE A3+

37 Bajaj Energy Private Limited CARE A2 CARE A2+

38 Bajaj Hindusthan Limited CARE A2 CARE A4

39 Balaji Fiber Reinforce Private Limited CARE A4 CARE D

40 Balaji Filaments Limited CARE A4 CARE D

41 Banswara Syntex Limited CARE A3 CARE A3+

42 Beam Flashlight Private Limited CARE A4 CARE D

43 Bebitz Flanges Works Private Limited CARE A3+ CARE A2+

44 Bharat Chemicals and Paints CARE A4 CARE D

45 Bharat Serums & Vaccines Limited CARE A2+ CARE A1

46 Bhimani Chemicals Private Limited CARE A4 CARE A4+

47 Bindlas Duplux Limited CARE A4+ CARE A3

48 Biostadt India Limited CARE A2 CARE A2+

49 Birla Ericsson Optical Limited CARE A3 (SO) CARE A2 (SO)

Rating Movement between October 2014 to March 2015 Short Term

19


50 BMP Steels Private Limited CARE A3 (SO) CARE A3+ (SO)

51 Cadila Pharmaceuticals Limited CARE A2+ CARE A1

52 CEAT Limited CARE A1 CARE A1+

53 Celite Tyre Corporation CARE A4 CARE A4+

54 Century Infrapower Private Limited CARE A4 CARE A4+

55 Chirayu Charitable Foundation CARE A4 CARE A4+

56 Constant Engineering Private Limited CARE A4 CARE D

57 Creative Garments CARE A4 CARE A4+

58 Credo Brands Marketing Private Limited CARE A1 CARE A1+

59 Dakshin Gujarat Vij Company Limited CARE A1 CARE A1+

60 Damodar Valley Corporation CARE A1+ CARE A1

61 Datta Agro Services Private Limited CARE A4 CARE D

62 Deccan Hyderabad Trade Impex Private Limited CARE A4 CARE D

63 Deepika Infratech Private Limited CARE A4 CARE D

64 Dharampal Premchand Limited CARE A4+ CARE A3

65 Dharti Dredging & Infrastructure Limited CARE A4 CARE A4+

66 Dhruv Industries Limited CARE A4 CARE A4+

67 Dhunseri Petrochem Limited CARE A1+ @ CARE A1

68 Diamond Power Infrastructure Limited CARE A3+ CARE A4

69 Diamond Power Transformers Limited CARE A3+ (SO) CARE A4 (SO)

70 Dineshchandra R. Agrawal Infracon Private Limited CARE A2 CARE A2+

71 Dishman Pharmaceuticals and Chemicals Limited CARE A3 CARE A3+

72 Dolbi`s Granite Exports Private Limited CARE A4 CARE D

73 DRT-Anthea Aroma Chemicals Private Limited CARE A3+ CARE A2

74 Duncans Industries Limited CARE A4 CARE D

75 Durgapur Medical Centre Private Limited CARE A3 CARE A3+

76 Elecon Engineering Company Limited CARE A1+ CARE A1

77 Elecon EPC Projects Limited CARE A1+ (SO) (In Principle) CARE A1 (SO) (In Principle)

78 Emcure Pharmaceuticals Limited CARE A1 CARE A1+

79 EMS Infracon Private Limited CARE A4+ CARE A3

80 EMT Megatherm Private Limited CARE A3 CARE A4+

81 Enaltec Labs Private Limited CARE A3 CARE A3+

82 Energo Engineering Projects Limited CARE A3 CARE A3+

83 Energy Development Company Limited CARE A2 CARE A3

84 Ennore Tank Terminals Private Limited CARE A3+ CARE A1

85 Enviro Control Associates India Private Limited CARE A2+ CARE A1

86 Essel Infraprojects Limited CARE A3 CARE A3+

87 Everest Kanto Cylinder Limited CARE A4+ CARE A4

88 Facor Power Limited CARE A4 CARE D

89 Faze Three Limited CARE D CARE A4

90 Firestar Diamond FZE CARE A2+ CARE A2

91 Firestar Diamond FZE CARE A2+ (SO) CARE A2 (SO)

92 Firestar Diamond International Private Limited CARE A2+ (SO) CARE A2 (SO)

93 Firestar International Private Limited CARE A2+ (SO) CARE A2 (SO)

94 Fivebro International Private Limited CARE A4 CARE D

95 Friends Salt Works & Allied Industries CARE A4+ CARE A3

96 Future Retail Limited CARE A1 CARE A1+

97 Gardex CARE A4 CARE A4+

98 Gati Kintetsu Express Private Limited CARE A2+ CARE A1

99 Gennova Biopharmaceutical Limited CARE A1 (SO) CARE A1+ (SO)

100 Genus Paper & Boards Limited CARE A4 CARE A3

101 Ghaziabad Precision Products Private Limited CARE A3 CARE A3+

102 GHCL Limited CARE A3 CARE A3+

20


103 Glass Wall Systems (India) Private Limited CARE A3 CARE A2

104 GMR Infrastructure Limited CARE A2 CARE A3+

105 Golden Jubilee Hotels Limited CARE D CARE A4

106 GPT Healthcare Private Limited CARE A4 CARE A4+

107 Grand Windsor Resorts Limited CARE A3 CARE A4

108 Grauer & Weil (India) Limited CARE A2+ CARE A1

109 Greenbrilliance Energy Private Limited CARE A4 CARE D

110 Gujarat Energy Transmission Corporation Limited CARE A1 CARE A1+

111 Gujarat Foils Limited CARE A3 CARE A3+

112 Gujarat State Electricity Corporation Limited CARE A1 CARE A1+

113 Gujarat Urja Vikas Nigam Limited CARE A1 CARE A1+

114 Gulf Asphalt Private Limtied CARE A3 CARE A3+

115 Gulshan Polyols Limited CARE A1 CARE A1+

116 Gupta Metal Sheets Limited CARE D CARE A4

117 GVK Emergency Management and Research Institute CARE A3 CARE A3+

118 GVK Industries Limited CARE A4+ CARE D

119 H. K. Designs India CARE A3 CARE A3+

120 H.G.Infra Engineering Private Limited CARE A3 CARE A3+

121 Hercules Automobiles International Private Limited CARE A4+ CARE A4

122 Hester Biosciences Limited CARE A3+ CARE A3

123 Hester Biosciences Limited CARE A3 CARE A3+

124 Hetero Drugs Limited CARE A2 CARE A2+

125 Himachal Energy Private Limited CARE A3+ CARE A2

126 Hindusthan National Glass and Industries Limited CARE A2 @ CARE A3

127 Hitech Print Systems Limited CARE D CARE A4

128 IFCI Factors Limited CARE A2+ CARE A3

129 IFCI Limited CARE A1 CARE A1+

130 Igarashi Motors India Limited CARE A2+ CARE A1

131 Impetus Infotech (India) Private Limited CARE A2 CARE A1

132 Ind-Barath Powergencom Limited CARE A4 CARE A4+

133 Independent News Service Private Limited CARE A3+ CARE A2

134 Indian Cane Power Limited CARE A4 CARE A4+

135 Indo Shell Cast Private Limited CARE A3 CARE A3+

136 Infinite Water Solutions Private Limited CARE A3 CARE A3+

137 Instromedix India Private Limited CARE A4+ CARE A4

138 Integrated Thermoplastics Limited CARE A4 CARE D

139 Inter Gold (India) Private Limited CARE A2 CARE A2+

140 Intex Technologies (India) Limited CARE A3+ CARE A2

141 IPC Packaging Company Private Limited CARE A4 CARE D

142 Iris Computers Limited CARE A3 @ CARE A3+

143 J.M. Mhatre Infra Private Limited CARE A4+ CARE A4

144 Jaiprakash Associates Limited CARE A1 CARE A2




148 Jaypee Cement Coporation Limited CARE A3 @ CARE A4

149 Jayshri Propack Private Limited CARE A4 CARE A4+

150 JBF Industries Limited CARE A2+ CARE A1

151 Jewel Consumer Care Private Limited CARE A4 CARE A4+

152 Jics Logistic Limited CARE A4+ CARE A3

153 Jindal Stainless Steelway Limited CARE A4 CARE A4+

21


154 Jindal Worldwide Limited CARE A3+ CARE A2

155 JK Agri Genetics Limited CARE A3 CARE A3+

156 JK Tyre and Industries Limited CARE A1 CARE A1+

157 JMW India Private Limited CARE A4+ CARE A3

158 Jogani Exports CARE A4 CARE A4+

159 JSIW Infrastructure Private Limited CARE A3 CARE A3+

160 Jupiter International Limited CARE A4+ CARE A4

161 JVS Foods Private Limited CARE A3 CARE A4+

162 K R F Limited CARE A3 CARE A3+

163 K R Pulp & Papers Limited CARE A3+ CARE A2

164 K. C. India Limited CARE A4+ CARE A3

165 K.P.R. Sugar Mill Limited CARE A3 CARE A3+

166 Kadevi Industries Limited CARE D CARE A4

167 Kalpsutra Gujarat CARE A3 CARE A3+

168 Kandla Agro And Chemicals Private Limited CARE A4+ CARE A3

169 Kanyaka Parameshwari Engineering Limited CARE A4 CARE A4+

170 Kapil Steels Limited CARE A4 CARE A3

171 Karnavati Engineering Limited CARE A4+ CARE A3

172 Kashi Jewellers CARE A3+ CARE A2

173 Kasim Textile Mills Private Limited CARE A4 CARE A4+

174 Khaitan Electricals Limited CARE A4+ CARE A4

175 KMV Projects Limited CARE A3+ CARE A2

176 Komal Amin Exports Private Limited CARE A4 CARE A4+

177 Kontinental Steel & Power Limited CARE A3 CARE A3+

178 Kothari Products Limited CARE A3+ CARE A2+

179 KPC Projects Limited CARE A3 CARE A3+

180 Krishna Tissues Private Limited CARE A3 CARE A3+

181 Kross Manufacturers (India) Private Limited CARE A4+ CARE A3

182 Lamer Power & Infrastuctures Private Limited CARE A4 CARE D

183 Laxmi Board and Paper Mills Limited CARE A3 CARE A3+

184 Laxmi Diamond Private Limited CARE A3+ CARE A2

185 Leiner Shoes Private Limited CARE A2 CARE A1

186 Lona Industries Limited CARE A3+ CARE A2

187 M M Forgings Limited CARE A1 CARE A1+

188 Madhya Gujarat Vij Company Limited CARE A1 CARE A1+

189 Madhya Pradesh Cupro Metals Private Limited CARE A4+ CARE A4

190

Magadh Micro Towers and Transmission Private

Limited CARE D CARE A4

191 Mahabal Metals Private Limited CARE A3 CARE A3+

192 Mahalaxmi Rubtech Limited CARE A3+ CARE A2

193 Maharashtra Feeds Private Limited CARE A3 CARE A3+

194 Maithan Steel & Power Limited CARE A4+ CARE A3

195 Malladi Drugs and Pharmaceuticals Limited CARE A4+ CARE A3

196 Mantra Exports Private Limited CARE A3+ CARE A2+

197 Margo Plywood Private Limited CARE A4 CARE D

198 Matix Fertilizers And Chemical Limited CARE A3 CARE A4+

199 Mayar Health Resorts Limited CARE A4 CARE D

200 MBE Coal & Mineral Technology India Private Limited CARE A1 (SO) CARE A3+ (SO)

201 McNally Bharat Engineering Company Limited CARE A1 CARE A3+

202 McNally Sayaji Engineering Limited CARE A2 CARE A3

203 Meghalaya Cements Limited CARE A3+ CARE A2+

204 Meghmani Finechem Limited CARE A3+ CARE A2

205 Metecno India Private Limited CARE A4 CARE D

206 Millennium Structurals India Limited CARE A4 CARE A3

22


207 MKC Infrastructure Limited CARE A4 CARE A4+

208 Modison Copper Private Limited CARE A3 CARE A3+

209 Modison Metals Limited CARE A2+ CARE A1

210 Mohan Fabtex Limited CARE A4 CARE A4+

211 Mohan Project Contractors Private Limited CARE A4+ (SO) CARE D

212 Monnet Ispat & Energy Limited CARE A1+ CARE A2+

213 Monnet Ispat & Energy Limited CARE A2+ CARE A3

214 Nalini Jewellers CARE A4+ CARE A3

215 Nandi Grain Derivatives Private Limited CARE A4 CARE D

216 Navbharat Fuse Company Limited CARE A4+ CARE A4

217 Nilachal Iron & Power Ltd CARE A4 CARE D

218 Nilkamal BITO Storage Systems Private Limited CARE A3 CARE A3+

219 Nitin Spinners Limited CARE A3+ CARE A2+

220 Noble Tech Industries Private Limited CARE A4 CARE A4+

221 NR Oils CARE A3 CARE A3+

222 Orbit Artisans Private Limited CARE A4 CARE D

223 Orient Constructions Private Limited CARE A4 CARE A4+

224 Orient Craft Limited CARE A3 CARE A3+

225 Orient Craft Sweaters Limited CARE A4 CARE A3

226 Osaka Pharmaceuticals Private Limited CARE D CARE A4

227 Overseas Polymers Private Limited CARE A2 CARE A2+

228 Oxygen Infrastructures and Developers Private Limited CARE A4 CARE D

229 P.N. Gadgil and Sons CARE A3 CARE A3+

230

Pacific Academy of Higher Education & Research

Society CARE A3+ CARE A2

231 Pacific Paper Products CARE A4 CARE D

232 Palladium Constructions Private Limited CARE A3 CARE A3+

233 Panyam Cements and Mineral Industries Limited CARE A4 CARE D

234 Paramount Minerals and Chemicals Limited CARE A3 CARE A3+

235 Parenteral Drugs India Limited CARE A4 CARE D

236 Paschim Gujarat Vij Company Limited CARE A1 CARE A1+

237 Patel Jiva Sales Private Limited CARE D CARE A4

238 Patidar Cotspin Private Limited CARE D CARE A4

239 Pawar Electro Systems Private Limited CARE A3 CARE A3+

240 PBM Polytex Limited CARE A2 CARE A2+

241 Pengg Usha Martin Wires Private Limited CARE A3 CARE A3+

242 Pix Transmissions Limited CARE A4 CARE A3

243 Precision Camshafts Limited CARE A3 CARE A3+

244 Precision Metals CARE A2+ CARE A1+

245 Prem Motors Private Limited CARE A4+ CARE A3

246 Premier Limited CARE A3 CARE A4

247 Prescient Color Limited CARE A3 CARE A3+

248 Prompt Enterprises Private Limited CARE A4+ CARE A3

249 Provogue (India) Limited CARE A3+ CARE A3

250 Purbanchal Cement Limited CARE A3 CARE A3+

251 R. K. Ice & Cold Storage CARE A4 CARE D

252 R.K. Infracorp Private Limited CARE A3 CARE A3+

253 Raajratna Ventures Limited CARE A3 CARE A3+ (In Principle)

254 Raj West Power Limited CARE A3 CARE A2+

255 Ramalingam Construction Company Private Limited CARE A3 CARE A3+

256 Rashmi Metaliks Limited CARE A3+ CARE A2

257 Ratnapriya Impex Private Limited CARE A4 CARE A4+

23


258 Ravi Infrabuild Projects Private Limited CARE A3 CARE A3+

259 Reliance Power Transmission Limited CARE A1+ (SO) CARE A1+ (SO) @

260 Remi Elektrotechnik Limited CARE A3 CARE A3+

261 Resins & Allied Products CARE A3 CARE A3+

262 RJP Infrastructure Private Limited CARE A3 CARE A3+

263 Rohit & Company CARE A4+ CARE A3

264 Roots Industries India Limited CARE A2+ CARE A1

265 RPN Engineers Chennai Private Limited CARE A4 CARE D

266 S.P.Y. Agro Industries Limited CARE A4 CARE D

267 Sabar Flex Industries CARE A4 CARE D

268 Sagar Cements Limited CARE A4+ CARE A3

269 Sahara Hospitality Limited CARE A4 CARE D

270 Sai India Limited CARE D CARE A4

271 Sandip Nanavati CARE A4 CARE A4+

272 Sanjeev Auto Part Manufacturers Private Limited CARE A2 CARE A2+

273 Sanwaria Agro Oils Limited CARE A2 CARE A3+

274 Saregama India Limited CARE A3+ CARE A1

275 Sarthi Construction CARE A4 CARE A4+

276 Satya Deeptha Pharmaceuticals Limited CARE A4 CARE A4+

277 Saumya Mining Limited CARE A4 CARE D

278 SE Forge Limited CARE A4 CARE D

279 Seacem Paints India Private Limited CARE A4 CARE D

280 Secure Energy Services Limited CARE A2+ (SO) CARE A1 (SO)

281 Secure Meters Limited CARE A2+ CARE A1

282 Seya Industries Limited CARE A4+ CARE A3+

283 Shairu Gems Diamonds Private Limited CARE A3 CARE A3+

284 Shalimar Paints Limited CARE A1 @ CARE A3+

285 Shamanur Sugars Limited CARE A4 CARE D

286 Shanthi Feeds Private Limited CARE A3+ CARE A2

287 Sharda Educational Trust CARE A3 CARE A4+

288 Sharon Bio-Medicine Limited CARE A3 CARE A4

289 Sharp Ferro Alloys Limited CARE A3 CARE A4

290 Shera Metal Private Limited CARE A4 CARE A4+

291 Shirdi Sai Electricals Limited CARE A3+ CARE A2

292 Shirpur Gold Refinery Limited CARE A3 CARE A2

293 Shivalik Bimetal Controls Limited CARE A3 CARE A3+

294 Shree Hari Chemicals Export Limited CARE A4 CARE A4+

295 Shree Parashnath Re-Roolling Mills Limited CARE D CARE A4

296 Shree Sidhbali Industries Limited CARE A4 CARE A4+

297 Shri Dinesh Mills Limited CARE A1 CARE A1+

298 Shri Guru Ramdas Educational Society CARE A3+ CARE A2

299 Shri Mahalaxmi Industries CARE A4+ CARE A4

300 Shri Renuga Textiles Limited CARE A4 CARE D

301 Shri Shyam Ispat (India) Private Limited CARE A3 CARE A3+

302 Shruti Fashions Private Limited CARE A4 CARE A4+

303 Shubhalakshmi Polyesters Limited CARE A3 CARE A3+

304 Siddhi Refoils & Industries Private Limited CARE A4 CARE D

305 Signet Products Private Limited CARE A4 CARE A4+

306 SKS Power Generation (Chhattisgarh) Limited CARE A4+ CARE D

307 Sky Cotex India Private Limited CARE A4 CARE A4+

308 Smaat India Private Limited CARE A3 CARE A3+

309 SND Limited CARE A3+ CARE A2+

310 Sobhagia Sales Private Limited CARE A4 CARE A4+

24


311 Soccer International Private Limited CARE A3 CARE A3+

312 Sona Alloys Private Limited CARE D CARE A4

313 Sona Alloys Private Limited CARE A4+ CARE D

314 Sona Alloys Private Limited CARE D CARE A4

315 South India Exim Private Limited CARE A4 CARE D

316 Spykar Lifestyles Private Limited CARE A4 @ CARE A4+

317 Sreekanth Trading Private Limited CARE A4 CARE D

318 Sri Jayajothi Textile Mills Private Limited CARE A4 CARE D

319 SRM Institute of Science & Technology CARE A3 CARE A3+

320 Steelcast Limited CARE A3+ CARE A3

321 Sudar Industries Limited CARE A3 CARE A4

322 Sujana Metal Products Limited CARE A4 CARE D

323 Sujana Towers Limited CARE A4 CARE D

324 Sulochana Cotton Spinning Mills Private Limited CARE A4+ CARE A3

325 Suncity Projects Private Limited CARE A4+ CARE A3

326 Sundaram Auto Components Limited CARE A1 CARE A1+

327 Surat Metallics Limited CARE A3 CARE A3+

328 Suryadev Alloys and Power Private Limited CARE A3 CARE A3+

329 Suzuki Textiles Limited CARE A4 CARE A4+

330 Tarunika Gaur Housing & Construction Limited CARE A4 CARE D

331 TBEA Energy India Private Limited CARE A3 CARE A3+

332 Techfab International Private Limited CARE A3+ CARE A2

333 Techno Industries Limited CARE A4+ CARE A4

334 Terram Geosynthetics Private Limited CARE A4 @ CARE A4+

335 The West Coast Paper Mills Limited CARE A3+ CARE A3

336 Tide Industries CARE A3 CARE A3+

337 Tirupati Balaji Fibres Limited CARE A4 CARE A3

338 TM Harbour Services Private Limited CARE A2 CARE A1

339 Transways Exim Private Limited CARE A4 CARE A3

340 Troikaa Pharmaceuticals Limited CARE A3 CARE A3+

341 TT Limited CARE A4+ CARE A4

342 Turtle Limited CARE A4 CARE A3

343 Umalaxmi Organics Private Limited CARE A4 CARE A3

344 Unique Green Energy Technologies Private Limited CARE A3+ (SO) CARE A2 (SO)

345 Urban Infrastructure Venture Capital Ltd CARE A1 CARE A2+

346 Uttar Gujarat Vij Company Limited CARE A1 CARE A1+

347 Valliammai Society CARE A3 CARE A3+

348 Variegate Projects Private Limited CARE A4 CARE D

349 Vennar Ceramics Limited CARE A3 (SO) @ CARE A3+ (SO)

350 Venus Wire Industries Private Limited CARE A2+ CARE A1+

351 Vikram Logistic and Maritime Services Private Limited CARE A4 CARE D

352 Vilas Polymers Limited. CARE A2 CARE A2+

353 Vindhya Telelinks Limited CARE A3 CARE A2

354 Vinit Gloves Manufacturing Private Limited CARE A3 CARE A3+

355 Vippy Spinpro Limited CARE A3+ CARE A2

356 Viraj Profiles Limited CARE A3 CARE A2

357 Visa Steel Limited CARE A4 CARE D

358 VKS-Seopur Baroda Corridor Private Limited CARE A4+ (SO) CARE A3 (SO)

359 V-Mart Retail Limited CARE A2+ CARE A1

360 Zuventus Healthcare Limited CARE A2+ CARE A1

@ Under Credit Watch

25

Documents

Rating Movement between October 2014 to March 2015 … Annexure II...Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 1 Aadi Procon Private Limited CARE B+ CARE