Unaccepted Ratings
(DISCLOSURE AS PER SEBI CIRCULAR SEBI/ HO/ MIRSD/ DOP2/ CIR/ P/ 2018/ 86)

Acuité discloses the ratings that remain unaccepted 30 days after the communication of Rating. In compliance with SEBI circular effective May 30, 2018, all non-accepted ratings shall be disclosed on the website of Acuité for a period of 12 months from the date of such rating being disclosed as a non-accepted rating on the website. Supplementary disclosures

Name of the
Issuer
Sector Instrument Type Issue Size
(In Cr.)
Date of Non Acceptance Listing Status Long Term Rating Outlook Short Term Rating
ATLAS PET PLAS INDUSTRIES LIMITED Steel pipes & tubesBank Facilities12.50 19-Aug-21 Unlisted ACUITE B- Stable -
AURO INDUSTRIES LIMITED Wholesale tradingBank Facilities13.00 15-Feb-21 Unlisted ACUITE BB- Stable ACUITE A4+
B SQUARE DEVELOPERS Commercial complexesBank Facilities25.00 24-Jul-21 Unlisted ACUITE BB Stable -
B SQUARE DEVELOPERS Commercial complexesBank Facilities25.00 16-Aug-21 Unlisted ACUITE BB Stable -
BAFNA HEALTH CARE PRIVATE LIMITED Other miscellaneous servicesBank Facilities10.00 10-Jul-21 Unlisted ACUITE B+ Stable -
BAGGA DISTILLERIES HYDERABAD PRIVATE LIMITED Beer & alcoholBank Facilities25.00 28-Feb-21 Unlisted ACUITE BB Stable ACUITE A4+
BALAN ORGANIC CHEMICALS PRIVATE LIMITED Organic chemicalsBank Facilities30.00 22-Nov-21 Unlisted ACUITE B+ Stable -
BARQUE HOTELS PRIVATE LIMITED Hotels & restaurantsBank Facilities275.00 19-Aug-21 Unlisted ACUITE BB Stable -
BEEPEE HOSPITALITY LLP Textile processingBank Facilities10.24 19-Dec-20 Unlisted ACUITE B- Stable -
BENGAL AEROTROPOLIS PROJECTS LIMITED Infrastructural constructionIssuer Rating0.00 31-May-21 Unlisted ACUITE BB- Stable -
BEST AGROLIFE LIMITED PesticidesBank Facilities13.00 11-Apr-21 Unlisted ACUITE BBB Stable -
BGR ENERGY SYSTEMS LIMITED Industrial constructionBank Facilities50.00 3-Dec-21 Listed ACUITE BBB- Negative -
BHANOBA ENTERPRISES PRIVATE LIMITED Other consumer goodsBank Facilities15.00 27-Mar-21 Unlisted ACUITE B Stable -
BHANOBA ENTERPRISES PRIVATE LIMITED Other consumer goodsBank Facilities15.00 18-Apr-21 Unlisted ACUITE B Stable -
BINAYAK HI TECH ENGINEERING PRIVATE LIMITED Castings & forgingsBank Facilities26.50 9-Aug-21 Unlisted ACUITE BBB Stable -
BMW INDUSTRIES LIMITED Other ferrous metal productsBank Facilities50.00 10-Oct-21 Listed ACUITE A- Stable -
BMW INDUSTRIES LIMTED Other ferrous metal productsBank Facilities20.00 7-Dec-20 Listed ACUITE A- Stable -
BSR INFRATECH INDIA LIMITED Infrastructural ConstructionBank Facilities100.00 3-Jun-21 Unlisted ACUITE BBB+ Stable -
CELESTIAL INDUSTRIES PRIVATE LIMITED Other automobile ancillariesBank Facilities10.00 17-May-21 Unlisted ACUITE B+ Stable -
CHAITANYA ENERGY PRIVATE LIMITED Infrastructural constructionBank Facilities20.00 30-Jan-21 Unlisted ACUITE BB Stable ACUITE A4+
CHAITANYA ENERGY PRIVATE LIMITED Infrastructural constructionBank Facilities90.00 12-Feb-21 Unlisted ACUITE BB Stable ACUITE A4+
CHENNAMANAGATHIHALLI SOLAR POWER PROJECT LLP Renewable electricityBank Facilities7.75 1-Apr-21 Unlisted ACUITE BB Stable -
CHENNAMANAGATHIHALLI SOLAR POWER PROJECT LLP Renewable electricityBank Facilities7.75 18-Apr-21 Unlisted ACUITE BB Stable -
CHUR TEXTILE LIMITED Textile processingBank Facilities12.50 18-Feb-21 Unlisted ACUITE B+ Stable -
CLASSIC CIVIL ENGINEERS PRIVATE LIMITED Other construction & allied activitiesBank Facilities47.00 3-Dec-21 Unlisted ACUITE BBB- Stable ACUITE A3