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
Samini Ceramics Limited
Non-Fund Based Limits 2.0 August 19, 2025 [ICRA]A3 Issuer delayed in giving information Rationale
STERLING DISTILLERS PRIVATE LIMITED
Term Loan 150.0 October 15, 2024 [ICRA]BB+ (Stable) The company has not shared any information Rationale
Fund Based Cash Credit 35.0 [ICRA]BB+ (Stable)
Non-fund based – Bank Guarantee 5.5 [ICRA]BB+ (Stable)
Long Term – Non-fund Based 3.6 [ICRA]BB+ (Stable)
Haryana Seeds Development Corporation Limited
Cash Credit 75.0 October 28, 2024 [ICRA]BB+ (Stable) Issuer delayed in giving information Rationale
Synergy Systems & Solutions
Fund-based-Cash Credit 28.0 October 21, 2024 [ICRA]BBB- (Stable) Issuer not cooperating Rationale
Fund based-Term Loan 0.02 [ICRA]BBB- (Stable)
Non-fund-based 70.0 [ICRA]BBB- (Stable) / [ICRA]A3
SI Interpack Private Limited
Issuer rating 0.0 October 17, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Fund Based/Non Fund Based-Proposed Bank Facilities 25.0 [ICRA]BBB- (Stable) / [ICRA]A3
Mallcom (India) Limited
Fund Based – Working Capital Facilities 75.0 October 17, 2024 [ICRA]A (Stable) Review process is underway Rationale
Sub-k Impact Solutions Limited
Cash Credit 14.0 October 22, 2025 [ICRA]BB (Stable) Issuer delayed in giving information Rationale
Ashirvad Industries & Infrastructure
Cash Credit 1.5 September 24, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non fund based 10.0 [ICRA]A4ISSUER NOT COOPERATING
Term Loans 0.40 [ICRA]BISSUER NOT COOPERATING (Stable)
Seven Star Steels Limited
Cash Credit 25.0 September 30, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Bank Guarantee 5.0 [ICRA]A3
Penguin Trading & Agencies Limited
Cash Credit 396.0 September 30, 2024 [ICRA]A+ (Stable) / [ICRA]A1 Review process is underway Rationale
Fund based Term Loan 50.0 [ICRA]A+ (Stable)
Long-term/Short-term -Unallocated Limits 4.0 [ICRA]A+ (Stable) / [ICRA]A1
Utkal Feeds Private Limited
Fund based working capital facilities 15.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Term Loan 3.73 [ICRA]A+ (Stable)
Long-term/ Short-term – Unallocated Limits 1.27 [ICRA]A+ (Stable) / [ICRA]A1
Shalimar Pellet Feeds Limited
Unallocated Limits 15.9 September 27, 2024 [ICRA]A+ (Stable) / [ICRA]A1 Review process is underway Rationale
Fund based working capital facilities 230.0 [ICRA]A+ (Stable)
Non-fund Based – Working Capital Facilities 4.10 [ICRA]A1
Term Loans 10.0 [ICRA]A+ (Stable)
GMM Pfaudler Limited
Term Loan 8.24 September 27, 2024 [ICRA]AA- (Stable) Review process is underway Rationale
Fund Based Cash Credit 161.76 [ICRA]AA- (Stable)
Short-term – Non-fund based 130.0 [ICRA]A1+
Sona Vets Private Limited
Fund based working capital facilities 151.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Term Loan 25.56 [ICRA]A+ (Stable)
Non fund based- Working Capital Facilities 1.5 [ICRA]A1
Long-term/ Short-term – Unallocated Limits 1.94 [ICRA]A+ (Stable) / [ICRA]A1
Shreegopal Gobind Agro Tech Private Limited
Fund based-Cash Credit 11.0 September 27, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Term Loan 12.5 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Unallocated Limits 1.5 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Shalimar Nutrients Pvt Ltd
Fund-based – Working Capital Facilities 190.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Non-fund Based – Working Capital Facilities 1.1 [ICRA]A1
Unallocated limits 1.0 [ICRA]A+ (Stable) / [ICRA]A1
Sona Nutrients Pvt Ltd
Fund based - Working Capital Facilities 100.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Fund based-Term Loan 100.0 [ICRA]A+ (Stable)
C. L. Enterprises Pvt. Ltd.
Term Loan 3.5 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Fund based working capital facilities 13.0 [ICRA]A+ (Stable)
Non-fund Based – Working Capital Facilities 1.0 [ICRA]A+ (Stable) / [ICRA]A1
Unallocated Limit 3.5 [ICRA]A+ (Stable) / [ICRA]A1
Shalimar Hatcheries Limited
Term Loans 179.4 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Fund-based – Working Capital Facilities 90.62 [ICRA]A+ (Stable)
Non-fund Based – Working Capital Facilities 7.6 [ICRA]A1
Unallocated Limit 3.38 [ICRA]A+ (Stable) / [ICRA]A1
Galsi Commercial Farms LLP
Fund based working capital facilities 2.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Term Loan 15.0 [ICRA]A+ (Stable)
Infinity Feeds Private Limited
Unallocated Limits 16.0 September 27, 2024 [ICRA]A+ (Stable) / [ICRA]A1 Review process is underway Rationale
Zeta Industrial Corporation Private Limited
Fund-based-Cash Credit 2.5 September 19, 2024 [ICRA]B-ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non-fund Based 4.5 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Unallocated Limits 3.0 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Eastman Mettcast Limited
Cash Credit 15.0 September 18, 2024 [ICRA]C+ISSUER NOT COOPERATING Issuer not cooperating Rationale
Term Loan 2.0 [ICRA]C+ISSUER NOT COOPERATING
Vinayak Cottex
Fund based Term Loan 2.67 September 18, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Fund based-Cash Credit 5.0 [ICRA]BISSUER NOT COOPERATING (Stable)
Yashveer Ceramic
Cash Credit 3.0 September 17, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non-Fund Based Limits 2.0 [ICRA]A4ISSUER NOT COOPERATING
Term Loan 5.25 [ICRA]BISSUER NOT COOPERATING (Stable)
Yash Exports (India) Private Limited
Term Loan 19.37 September 12, 2024 [ICRA]BBISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Fund based Term Loan 4.07 [ICRA]BBISSUER NOT COOPERATING (Stable)
Unallocated 2.42 [ICRA]BBISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
M/S. Pankaj C. Patel
Cash Credit 4.0 September 12, 2024 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Non-fund Based 1.0 [ICRA]DISSUER NOT COOPERATING
Term Loan 0.28 [ICRA]DISSUER NOT COOPERATING
Sahastraa Exports Private Limited
Fund Based Cash Credit 7.5 September 10, 2024 [ICRA]BB-ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non-Fund Based Letter of Credit 15.0 [ICRA]A4ISSUER NOT COOPERATING
CYAMOPSIS BIOTECH (INDIA) PRIVATE LIMITED
Cash Credit 16.0 September 09, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Short Term- Non-fund Based 1.0 [ICRA]A4ISSUER NOT COOPERATING
Term Loans 3.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Commtel Networks Limited
Fund-based Cash Credit 185.0 September 06, 2024 [ICRA]A (Stable) Review process is underway Rationale
Long-term/Short-term interchangeable limits 185.0 [ICRA]A (Stable) / [ICRA]A2+
Long Term / Short Term- Unallocated limits 50.0 [ICRA]A (Stable) / [ICRA]A2+
Indian Metals & Ferro Alloys Limited
Term Loan 470.5 September 04, 2024 [ICRA]AA (Stable) Review process is underway Rationale
Non Fund Based Facility 360.0 [ICRA]A1+
Long Term-Fund Based 1040.0 [ICRA]AA (Stable)
Prestige Estates Projects Limited
Long-term – Fund-based – Term Loan 1451.4 November 24, 2025 [ICRA]A+ (Stable) Review process is underway Rationale
Long-term – Non-fund-based 496.2 [ICRA]A+ (Stable)
Long-term – Fund-based 20.0 [ICRA]A+ (Stable)
Commercial Paper 760.0 [ICRA]A1
Long-term – Unallocated limits 151.51 [ICRA]A+ (Stable)
Prestige Projects Private Limited
Term Loan 1000.0 September 08, 2025 [ICRA]A (Stable) Review process is underway Rationale
Maheshtala Waste Water Management Private Limited
Term Loan 110.0 September 23, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Turf Estate Joint Venture LLP
Fund-based - Term Loan 1500.0 September 23, 2024 [ICRA]A+(CE) (Stable) Review process is underway Rationale
Intech Organics Limited
Cash Credit 133.9 October 17, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Term Loan 61.16 [ICRA]BBB+ (Stable)
Short-term non-fund based 57.25 [ICRA]A2
Unallocated Limits 33.69 [ICRA]BBB+ (Stable) / [ICRA]A2
Wadpack Pvt Ltd
Fund Based Cash Credit 15.0 September 30, 2024 [ICRA]BB (Stable) / [ICRA]A4 Issuer not cooperating Rationale
Fund based Term Loan 11.59 [ICRA]BB (Stable)
MeritTrac Services Private Limited
Term Loan 5.25 September 24, 2024 [ICRA]BB+ (Stable) Review process is underway Rationale
Long term – Fund based Overdraft 34.0 [ICRA]BB+ (Stable)
Tata International Vehicle Applications Pvt Ltd
Long-term/ Short-term, Fund-based/Non-fund based Facilities 75.0 September 16, 2024 [ICRA]A+ (Stable) / [ICRA]A1 Review process is underway Rationale
Fund Based Limits- Term Loan 21.0 [ICRA]A+ (Stable)
Dedicated Freight Corridor Corporation of India Limited
Issuer rating 0.0 September 10, 2024 [ICRA]AAA (Stable) Review process is underway Rationale