Sical Saumya Mining Limited (SSML): Ratings downgraded to [ICRA] B+ (SO) (Negative)/A4 (SO) from [ICRA] BB+ (SO) (Negative)/ [ICRA] A4+ (SO)

PNX Logistics Pvt Ltd (PNX): Ratings downgraded to [ICRA] B+ (SO) (Negative)/A4 (SO) from [ICRA] BB+ (SO) (Negative)/ [ICRA] A4+ (SO)

Norsea Offshore India Limited: Ratings downgraded to [ICRA]D from [ICRA]BB+ (SO) (Negative)