Updated Master Circular dated 16-May-2024

 11.6.1  
 A CRA will disclose two lists of issuers who are non-cooperative with the CRA, separately for:

  11.6.1.1    Securities that are listed, or proposed to be listed, on a recognized stock exchange, and
  11.6.1.2    Other ratings

  30.1

 Rating Procedure

  27.3.1

 Credit Rating History and Defaults

  27.3.1.2  Details of new credit ratings assigned - (Annexure 21)
  27.3.1.3  Movement of credit rating of all outstanding securities during the last six-months
  a)  Movement of each credit rating - (Annexure 22)
  b)  Movement of each credit rating from investment  grade to
 on-investment grade and vice versa - (Annexure 23)
  27.3.1.4  The history of credit ratings of all outstanding securities
 (Annexure 24)
  27.3.1.5  The list of defaults separately for each rating category
 (Annexure 25)

  30.2

 Income

  30.2.1  General nature of compensation arrangements with the issuers
  30.2.2  In case of accepted ratings, disclosure of conflicts of interest, if any.
 There is no conflict of interest to disclose for any accepted rating
  27.4.4  Income Disclosures
  27.4.4.1  The total receipts from rating services and non-rating services
  27.4.4.2  Issuer-wise percentage share of non-rating income of Acuite and
 its subsidiaries to the total revenue of Acuite and its subsidiaries from that issuer.
  27.4.4.3  Rated issuers who along with their associates,
 contribute 10% or more of total revenue of Acuite and its subsidiaries

  27.3.2

 Structured Finance Products

  a)  Pool Performance Reports

  30.3

 Unsolicited Credit Ratings

 Acuité Ratings & Research Limited does not carry out any unsolicited
 ratings.

  30.4

 Our Shareholding

  30.5

 Compliance status of IOSCO Code of Conduct