Medium Term Notes blog update is courtesy of Reuters.
Below are the ratings awarded by India Ratings and Research Private Ltd (India Ratings), formerly known as Fitch Ratings India for local debt instruments as of February 26, 2015.
Company | Instrument | Rating | Amount(RS .MLN) | Movement |
Short Term Ratings: | ||||
Aarti Industries Ltd | CP | IND A1+ | 2000 | Assigned |
Arihant Ship Breakers | Non-FB WC limits | IND A4 | 75 | Assigned |
Champion Rolling Mill Pvt Ltd | Non-FB limits | IND A4+ | 140 | Assigned |
Dinesh Textile Mills | NFB WC limits | IND A4 | 2.5 | Assigned |
Maheshwari Logistics Pvt Ltd | Non FBL | IND A3 | 224.8 | Suspended |
R V Plastic Ltd | Non-FB BG | IND A4 | 70 | Assigned |
Shakun Gases Pvt Ltd | Non-FB WC limits | IND A4 | 190 | Assigned |
Wellman Carbo Metalicks (I) Ltd | Non FBL | IND A4+ | 560 | Assigned |
Long Term Rating: | ||||
Aarti Industries Ltd | LT Issuer Rating | IND AA- | Assigned | |
Arihant Ship Breakers | Long-TL | IND B- | 16.2 | Assigned |
Arihant Ship Breakers | Fund based WC limits | IND B- | 75 | Assigned |
Champion Rolling Mill Pvt Ltd | Long-TL | IND BB+ | 49.95 | Assigned |
Champion Rolling Mill Pvt Ltd | FB limits (CC) | IND BB+ | 200 | Assigned |
Dinesh Textile Mills | FB WC limit | IND B+ | 40 | Assigned |
Dinesh Textile Mills | TL | IND B+ | 11.69 | Assigned |
Kbs Industries Pvt Ltd | TL | IND B | 9.9 | Assigned |
Kbs Industries Pvt Ltd | FB WC limit | IND B/ A4 | 100 | Assigned |
Kbs Industries Pvt Ltd | Proposed FB WC limit | IND B (exp)/ | 100 | Assigned |
A4 (exp) | ||||
Ls Rice Exports Pvt Ltd | TL | IND B | 13.1 | Assigned |
Ls Rice Exports Pvt Ltd | FB WC limit | IND B/ A4 | 40 | Assigned |
Maheshwari Logistics Pvt Ltd | LT Issuer Rating | IND BBB | Suspended | |
Maheshwari Logistics Pvt Ltd | FBL | IND BBB | 270 | Suspended |
Maheshwari Logistics Pvt Ltd | TL | IND BBB | 69.4 | Suspended |
Mars Packaging Industries | TL | IND B/ A4 | 6.8 | Assigned |
Mars Packaging Industries | FB WC limit | IND B+/ A4 | 70 | Assigned |
R V Plastic Ltd | FB limits | IND B- | 100 | Assigned |
Shakun Gases Pvt Ltd | FB WC limits | IND B- | 40 | Assigned |
Shri Khemisati Plaspack Llp | TL | 37.5 | Assigned | |
(Khemisati) | IND B- | 20 | Assigned | |
Shri Khemisati Plaspack Llp | FBL | |||
(Khemisati) | IND AA- | Outlook to | ||
Shriram Pistons & Rings Ltd | LT Issuer Rating | Positive |
Note:- All Indian National-scale ratings previously assigned by Fitch have been transferred to India Ratings & Research Private Ltd (India Ratings), which is a wholly owned subsidiary of the Fitch Group. The withdrawn criteria are now available on India Ratings’ website at www.indiaratings.co.in
by