ICRA

List of issuer/s who have not submitted the ‘No Default Statement’ as per SEBI Circular no. SEBI/HO/MIRSD/MIRSD4/CIR/P/2017/71 (list published on Feb 15, 2019)

Company Name	Long Term	Medium Term	Short Term	Outlook	Latest Rationale
A. S. Steel Traders (VSP) Private Limited	[ICRA]BB	--	--	Stable	Rationale
A. S. Steel Traders (VSP) Private Limited	--	--	[ICRA]A4	--	Rationale
Aadi Polymers Private Limited	[ICRA]BB	--	[ICRA]A4	Stable	Rationale
Aarneel Technocrafts Private Limited	[ICRA]BB	--	--	Stable	Rationale
Aisshpra Lifespaces	[ICRA]BB-	--	--	Stable	Rationale
Ajab Singh and Company	[ICRA]BB-	--	--	Stable	Rationale
Ajay Modern Rice Mill	[ICRA]B-	--	--	Stable	Rationale
AOV Exports Private Limited	[ICRA]BBB	--	--	Stable	Rationale
AOV Exports Private Limited	--	--	[ICRA]A3+	--	Rationale
Archit Organosys Limited	[ICRA]B+	--	--	Stable	Rationale
Archit Organosys Limited	--	--	[ICRA]A4	--	Rationale
Arya Iron & Steel Company Private Limited	[ICRA]BBB	--	--	Stable	Rationale
Arya Iron & Steel Company Private Limited	--	--	[ICRA]A3+	--	Rationale
Aryan Construction & Associates	[ICRA]BB-	--	--	Stable	Rationale
Ashiana Dwellings Private Limited	[ICRA]B-	--	--	Stable	Rationale
Associated Commercial Enterprises	[ICRA]BB	--	--	Stable	Rationale
Atul Motors Private Limited	[ICRA]BBB	--	[ICRA]A2	Stable	Rationale
Aztec Shiva Handicrafts and Arts Private Limited	[ICRA]BB-	--	--	Stable	Rationale
Aztec Shiva Handicrafts and Arts Private Limited	--	--	[ICRA]A4	--	Rationale
Bapuji Education Association	[ICRA]A+	--	[ICRA]A1+	Stable	Rationale
Bhalla Chemical Works Pvt. Ltd.	[ICRA]B+	--	--	Stable	Rationale
Bhalla Chemical Works Pvt. Ltd.	--	--	[ICRA]A4	--	Rationale
Big Tiles	[ICRA]B+	--	[ICRA]A4	Stable	Rationale
Bonza Vitrified Pvt. Ltd.	[ICRA]B	--	--	Stable	Rationale
Bonza Vitrified Pvt. Ltd.	--	--	[ICRA]A4	--	Rationale
Concept Images Private Limited	[ICRA]BB	--	[ICRA]A4	Stable	Rationale
Dandona Finance Limited	[ICRA]BB	--	--	Stable	Rationale
DH Limited	[ICRA]BBB-	--	--	Stable	Rationale
DH Limited	--	--	[ICRA]A3	--	Rationale
Dharmlok Industries	[ICRA]B+	--	--	Stable	Rationale
Dharmlok Industries	--	--	[ICRA]A4	--	Rationale
Dusmer Tools Pvt. Ltd.	[ICRA]C+	--	--	--	Rationale
Dusmer Tools Pvt. Ltd.	--	--	[ICRA]A4	--	Rationale
East Delhi Municipal Corporation	[ICRA]BB-	--	--	Stable	Rationale
Emaar MGF Land Limited	[ICRA]B@	--	--	--	Rationale
Emaar MGF Land Limited	--	--	[ICRA]A4@	--	Rationale
Eurotex Industries and Exports Limited	[ICRA]D	--	[ICRA]D	--	Rationale
Fairyland Foundations Private Limited	[ICRA]BB-	--	--	Stable	Rationale
Forming India Private Limited	[ICRA]BB-	--	--	Stable	Rationale
Forming India Private Limited	--	--	[ICRA]A4	--	Rationale
Futuristic Packaging Pvt. Ltd.	[ICRA]BB-	--	--	Stable	Rationale
Futuristic Packaging Pvt. Ltd.	--	--	[ICRA]A4	--	Rationale
Gillco Construction Private Limited	[ICRA]B+	--	--	Stable	Rationale
Gillco Developers & Builders Private Limited	[ICRA]BB	--	--	Stable	Rationale
Glenrock Rubber Products Private Limited	[ICRA]BB+	--	--	Stable	Rationale
Glenrock Rubber Products Private Limited	--	--	[ICRA]A4+	--	Rationale
Globe Steels Private Limited	[ICRA]BB+	--	--	Stable	Rationale
Globe Steels Private Limited	--	--	[ICRA]A4+	--	Rationale
Hardoli Paper Mills Limited	[ICRA]BB-	--	--	Stable	Rationale
Hardoli Paper Mills Limited	--	--	[ICRA]A4	--	Rationale
Haridwar Municipal Corporation	[ICRA]BB-	--	--	Stable	Rationale
Hindusthan Engineering & Industries Limited	[ICRA]BBB+	--	--	Stable	Rationale
Hindusthan Engineering & Industries Limited	--	--	[ICRA]A2+	--	Rationale
Hosley India Private Limited	[ICRA]B+	--	--	Stable	Rationale
Hosley India Private Limited	--	--	[ICRA]A4	--	Rationale
IL&FS Tamil Nadu Power Company Limited	[ICRA]D	--	--	--	Rationale
IL&FS Wind Energy Limited	[ICRA]C-	--	--	--	Rationale
Indure Private Limited	[ICRA]BB-	--	--	Negative	Rationale
Indure Private Limited	--	--	[ICRA]A4	--	Rationale
Ire-Tex Premier India Pvt Ltd	[ICRA]BB	--	[ICRA]A4+	Stable	Rationale
Jain Agencies	[ICRA]B+	--	--	Stable	Rationale
Jainam Cables (India) Private Limited	[ICRA]B+	--	--	Stable	Rationale
Jhanavi Heights Private Limited	[ICRA]BB-	--	--	Stable	Rationale
K. M. Fisheries	[ICRA]B+	--	--	Stable	Rationale
K. M. Fisheries	--	--	[ICRA]A4	--	Rationale
K. Venkata Raju Engineers & Contractors (P) Ltd.	[ICRA]B+	--	--	Stable	Rationale
Khed Economic Infrastructure Private Limited	[ICRA]D	--	--	--	Rationale
Kirpa Foods	[ICRA]B+	--	--	Stable	Rationale
Krishnanagar Municipality	[ICRA]BB	--	--	Stable	Rationale
Manmeet Alloys Private Limited	[ICRA]B+	--	--	Stable	Rationale
Marque Impex	[ICRA]BB+	--	[ICRA]A4+	Positive	Rationale
Mathiyan Construction Pvt. Ltd.	[ICRA]C+	--	--	--	Rationale
Mathiyan Construction Pvt. Ltd.	--	--	[ICRA]A4	--	Rationale
Mayajaal Entertainment Limited	[ICRA]B-	--	--	Stable	Rationale
Mira Exim Limited	[ICRA]BB+	--	--	Stable	Rationale
Mira Exim Limited	--	--	[ICRA]A4+	--	Rationale
Moonlight Marbles Private Limited	[ICRA]B-	--	--	Stable	Rationale
MRN Agro Industries	[ICRA]BB-	--	--	Stable	Rationale
Nano Agro Foods Private Limited	[ICRA]B	--	--	Stable	Rationale
Needle Industries (India) Private Limited	[ICRA]BB+	--	--	Negative	Rationale
Needle Industries (India) Private Limited	--	--	[ICRA]A4+	--	Rationale
Noor Ice & Cold Storage Private Limited	[ICRA]B+	--	[ICRA]A4	Stable	Rationale
North Delhi Municipal Corporation	[ICRA]BB+	--	--	Stable	Rationale
Padmabhushan Krantiveer Doctor Nagnathanna Naykawdi Hutatma Kisan Ahir Sahakari Sakhar Karkhana Limited	[ICRA]B	--	--	Stable	Rationale
Prius Commercial Projects Private Limited	[ICRA]B(SO)	--	--	Negative	Rationale
Prometrik Engineering Limited(formerly Andhra Sinter Limited)	[ICRA]BB-	--	[ICRA]A4	Stable	Rationale
PTPL Tubing & Products Pvt. Ltd.	[ICRA]BB+	--	--	Stable	Rationale
Punjab Retail Private Limited	[ICRA]BBB-	--	--	Stable	Rationale
Rajasthan International	[ICRA]BB-	--	--	Stable	Rationale
Rajasthan International	--	--	[ICRA]A4	--	Rationale
Rasi Seeds Private Limited	[ICRA]A+	--	--	Stable	Rationale
Rasi Seeds Private Limited	--	--	[ICRA]A1+	--	Rationale
Realtime Techsolutions Pvt. Ltd.	[ICRA]BB	--	--	Negative	Rationale
Realtime Techsolutions Pvt. Ltd.	--	--	[ICRA]A4	--	Rationale
Reflexions Narayani Impex Private Limited	[ICRA]B	--	[ICRA]A4	Stable	Rationale
Revathi Modern Rice Mill	[ICRA]BB-	--	--	Stable	Rationale
Rewa Shiksha Samiti	[ICRA]B	--	--	Stable	Rationale
Rich Phytocare Private Limited	[ICRA]BB+	--	--	Stable	Rationale
Riddhi Siddhi Cotfiber Private Limited	[ICRA]B+	--	--	Stable	Rationale
Rubber Matters Private Limited	[ICRA]B	--	--	Stable	Rationale

This is a list of issuer/s where ‘No Default Statement’ has not been received in accordance with SEBI Circular on Monitoring and Review of Credit Ratings, issued on June 30, 2017. ICRA is monitoring the developments and would come out with a rating action, if required, shortly.

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