List of issuers where there is a delay in carrying out the periodic surveillance

report-excel
Entity Name Instrument Type Rated Amount
(Rs. crore)
Date of last Rationale Rating as per last Rationale Reason for delay in carrying out periodic review Latest Rationale
MARUDHARA CONSTRUCTION PRIVATE LIMITED
Non fund based 50.0 May 27, 2024 [ICRA]DISSUER NOT COOPERATING Issuer Not Cooperating Rationale
C & R Textiles (P) Ltd.
Issuer rating 0.01 May 24, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer Not Cooperating Rationale
ITI Limited
Fund Based – Cash Credit 1890.0 May 24, 2024 [ICRA]BB- (Stable) / [ICRA]A4 Review process is underway Rationale
Long-term/Short-term - Non-fund based facility 2390.53 [ICRA]BB- (Stable) / [ICRA]A4
Sant Foods Private Limited
Fund-based- Cash Credit 15.0 May 24, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer Not Cooperating Rationale
HLL Biotech Limited
Term Loan 309.0 May 24, 2024 [ICRA]DISSUER NOT COOPERATING Issuer Not Cooperating Rationale
Short-term Interchangeable 175.0 [ICRA]DISSUER NOT COOPERATING
Kobe Suspension Company Private Limited
Long Term Fund Based - Cash Credit 0.80 May 24, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer Not Cooperating Rationale
Long-term - Fund based – Cash credit 2.2 [ICRA]A4ISSUER NOT COOPERATING
Unallocated Limits 1.0 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Unitech Cotspin Limited.
Cash Credit 6.0 May 23, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer Not Cooperating Rationale
Short Term - Non-Fund Based - Others 1.5 [ICRA]A4ISSUER NOT COOPERATING
Term Loan 24.32 [ICRA]BISSUER NOT COOPERATING (Stable)
Sri V.N.S. Spinning Mills India Private Limited
Term Loan 7.61 May 23, 2024 [ICRA]B-ISSUER NOT COOPERATING (Stable) Issuer Not Cooperating Rationale
Unallocated Limit 9.38 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Cash Credit 7.0 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Non-Fund Based Limit 1.01 [ICRA]A4ISSUER NOT COOPERATING
Vidya Sanskaar Educational and Charitable Trust
Term Loans 5.69 May 22, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer Not Cooperating Rationale
Unallocated Limit 0.11 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Siddhi Industries
Long Term Fund Based - Cash Credit 6.0 May 22, 2024 [ICRA]DISSUER NOT COOPERATING Issuer Not Cooperating Rationale
Term Loan 0.26 [ICRA]DISSUER NOT COOPERATING
Short Term-Fund Based- Cash Credit 2.5 [ICRA]DISSUER NOT COOPERATING
Unallocated Limit 0.74 [ICRA]DISSUER NOT COOPERATING / [ICRA]DISSUER NOT COOPERATING
Neev Energy LLP
Fund Based - Cash credit 13.0 May 15, 2024 [ICRA]BB+ (Stable) Review process is underway Rationale
Non-fund Based 42.0 [ICRA]A4+
MPCL Industries Ltd.
Fund Based 10.0 May 06, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Non- fund based – Letter of Credit 215.0 [ICRA]A2
Unallocated 15.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Dinara Datia DPJ Pathways Pvt Ltd
Term Loan 6.88 May 31, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Aether Alloys LLP
Long Term/Short Term – Unallocated 6.0 May 30, 2024 [ICRA]BB- (Stable) / [ICRA]A4 Issuer delayed in providing information Rationale
Long-term Term loans 80.0 [ICRA]BB- (Stable)
Long-term Cash Credit 19.0 [ICRA]BB- (Stable)
Avesta Pharma Private Limited.
Term Loan 35.43 May 24, 2024 [ICRA]BBB- (Positive) Review process is underway Rationale
Fund Based Cash Credit 14.0 [ICRA]BBB- (Positive)
Letter of Credit 3.0 [ICRA]A3
Bank Guarantee 1.5 [ICRA]A3
Unallocated 0.07 [ICRA]BBB- (Positive) / [ICRA]A3
Movez EV Bus (One) Private Limited
Term Loan 81.04 May 23, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Non Fund Based– Bank Guarantee 27.5 [ICRA]A- (Stable) / [ICRA]A2+
ATR Infraprojects Private Limited
Issuer rating 0.0 May 22, 2024 [ICRA]BB- (Stable) Rating under withdrawal process Rationale
Sahyadri Industries Limited
Cash Credit 186.43 May 21, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Short term - Non-fund based limits 8.87 [ICRA]A2+
Term Loans 120.0 [ICRA]A- (Stable)
Wockhardt Limited
Fund based Term Loan 75.0 May 15, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Fund Based 512.8 [ICRA]BBB- (Stable) / [ICRA]A3
Non fund based 171.2 [ICRA]BBB- (Stable) / [ICRA]A3
Unallocated Limits 326.0 [ICRA]BBB- (Stable) / [ICRA]A3
Shri Ram Rice Mills
Cash Credit 65.0 May 10, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer Not Cooperating Rationale
Panache Exports Private Limited
Fund Based Cash Credit 7.0 May 10, 2024 [ICRA]DISSUER NOT COOPERATING Issuer Not Cooperating Rationale
Short Term-Fund Based- Cash Credit 21.0 [ICRA]DISSUER NOT COOPERATING
Short Term- Non-fund Based 2.75 [ICRA]DISSUER NOT COOPERATING
KEC International Limited
Fund based - Working Capital Facilities 3000.0 July 23, 2025 [ICRA]A+ (Stable) Review process is underway Rationale
Non-Fund Based Limits 15500.0 [ICRA]A+ (Stable) / [ICRA]A1+
External Commercial Borrowing (USD Million) 20.0 [ICRA]A+ (Stable)
Term Loan 137.5 [ICRA]A+ (Stable)
Unallocated limits 152.5 [ICRA]A+ (Stable) / [ICRA]A1+
Short Term – Bill Discounting 3060.0 [ICRA]A1+
Padam Interiors
Cash Credit 22.5 May 27, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Non Fund based – Bank Guarantee 320.25 [ICRA]A2
Unallocated 18.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Aquatica Frozen Foods Global Private Limited
Packing Credit/ Foreign Bill Discounting 160.0 May 24, 2024 [ICRA]A (Stable) Review process is underway Rationale
Bank Guarantee 2.0 [ICRA]A1
Forward Contract Limit 5.0 [ICRA]A1
Sandhya Marines Limited
Cash Credit 35.0 May 24, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Bank Guarantee 15.5 [ICRA]A1
Packing Credit/ Foreign Bill Discounting 192.0 [ICRA]A+ (Stable)
Standby Line of Credit 38.0 [ICRA]A+ (Stable)
Forward Contract Limit 10.0 [ICRA]A1
Term Loan 25.0 [ICRA]A+ (Stable)
Bikaji Foods International Limited
Cash Credit 80.0 May 23, 2024 [ICRA]AA- (Stable) Review process is underway Rationale
Term Loan 43.18 [ICRA]AA- (Stable)
Unallocated Limits 24.14 [ICRA]AA- (Stable) / [ICRA]A1+
Wakad Realty Private Limited
Fund-based – Term Loan 575.0 May 09, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
KEC Spur Infrastructure Private Limited
Non Fund Based Limits 527.0 July 02, 2024 [ICRA]A+ (Stable) / [ICRA]A1+ Review process is underway Rationale
Fund based working capital limit 73.0 [ICRA]A+ (Stable)
Global Aluminium Private Limited
Fund Based Cash Credit 55.0 November 12, 2024 [ICRA]A (Stable) Review process is underway Rationale
Unallocated 8.0 [ICRA]A (Stable)
The Kadri Mills (Cbe) Private Limited
Working capital facilities 35.0 May 31, 2024 [ICRA]BBB (Stable) / [ICRA]A3+ Issuer Not Cooperating Rationale
Brindavan Beverages Private Limited
Long-term fund-based working capital facilities 115.0 May 30, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Fund Based - Term Loan 71.75 [ICRA]A- (Stable)
Long Term /Short Term-Fund Based/Non Fund Based Working Capital 0.5 [ICRA]A- (Stable) / [ICRA]A2+
Capex Letter of Credit 18.0 [ICRA]A- (Stable)
Unallocated limits 2.19 [ICRA]A- (Stable) / [ICRA]A2+
Leviton Ceramic LLP
Fund based Term Loan 10.75 May 30, 2024 [ICRA]BB- (Stable) Issuer Not Cooperating Rationale
Fund based working capital facilities 5.0 [ICRA]BB- (Stable)
Non-Fund Based- Bank Guarantee 4.0 [ICRA]A4
Naik Environmental Engineers Private Limited.
Fund Based Cash Credit 3.0 May 29, 2024 [ICRA]B+ (Stable) Review process is underway Rationale
Non-Fund Based Limits 1.95 [ICRA]A4
Term Loan 1.05 [ICRA]B+ (Stable)
Devas Global Services LLP
Term Loan 680.0 May 21, 2024 [ICRA]BBB (Stable) Review process is underway Rationale
BBM Estates Private Limited
Fund-based - Term Loan 273.0 May 21, 2024 [ICRA]A(CE) (Stable) Issuer delayed in providing information Rationale
Darya Shipping Private Limited
Issuer rating 0.0 May 17, 2024 [ICRA]BB- (Stable) Issuer Not Cooperating Rationale
Ashapura Perfoclay Limited
Cash Credit 30.0 May 14, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Unallocated Limits 68.0 [ICRA]BBB- (Stable)
Non-Fund Based Limit 2.0 [ICRA]A3
Olectra Greentech Limited
Cash Credit 122.0 May 14, 2024 [ICRA]A- (Negative) Review process is underway Rationale
Long Term/Short Term – Non-Fund Based Limit 125.0 [ICRA]A- (Negative) / [ICRA]A2+
Derivative Limits 15.0 [ICRA]A2+
Short Term – Non Fund Based Letter of Credit 755.0 [ICRA]A2+
Term Loans 500.0 [ICRA]A- (Negative)