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
DVARA KSHETRIYA GRAMIN FINANCIAL SERVICES PRIVATE LIMITED Other fund based financial servicesCommercial Paper25.00 25-Jun-22 Listed Debt - - ACUITE A2
ELOQUENT STEEL PRIVATE LIMITED SteelBank Facilities240.96 29-Sep-22 Unlisted ACUITE BBB+ Stable ACUITE A2
EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED Housing constructionNCD420.00 2-Oct-22 Listed ACUITE Provisional PP MLD BB+ Stable -
EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED Housing constructionNCD180.00 2-Oct-22 Listed ACUITE Provisional PP MLD BB+ Stable -
ENERJAY GREEN PRIVATE LIMITED Renewable electricityBank Facilities12.50 9-Jan-22 Unlisted ACUITE BBB- Stable -
ENERJAY GREEN PRIVATE LIMITED Renewable electricityBank Facilities22.75 28-Jan-22 Unlisted ACUITE BBB- Stable -
EVEREST FLEET PRIVATE LIMITED Road transport servicesBank Facilities100.00 20-Aug-22 Unlisted ACUITE BB+ Stable -
EXPRESSWAY SERVICES PRIVATE LIMITED Infrastructural constructionBank Facilities86.00 13-Nov-21 Unlisted ACUITE BB Stable ACUITE A4+
FINCRED INVESTMENTS LIMITED Other fund based financial servicesBank Facilities50.00 31-Jan-22 Unlisted ACUITE AA-(CE) Stable -
FINSTARS CAPITAL LIMITED Other fund based financial servicesNCD15.00 14-Oct-21 Unlisted ACUITE BBB Stable -
FINSTARS CAPITAL LIMITED Other fund based financial servicesNCD15.00 14-Oct-21 Unlisted ACUITE BBB Stable -
FINSTARS CAPITAL LIMITED Other fund based financial servicesNCD15.00 19-Nov-21 Unlisted ACUITE BBB- Stable -
FIREPRO SYSTEMS PRIVATE LIMITED Infrastructural constructionBank Facilities46.60 25-Sep-22 Unlisted ACUITE B+ Stable ACUITE A4
FITCAST FOUNDERS AND ENGINEERS PRIVATE LIMITED Castings & ForgingsBank Facilities19.00 26-Aug-22 Unlisted ACUITE BB- Stable ACUITE A4
FLEXITUFF VENTURES INTERNATIONAL LIMITED Plastic packaging goodsNCD10.00 15-Aug-22 Listed Both ACUITE C - -
GANESH REALTY AND MALL DEVELOPMENT PRIVATE LIMITED Commercial complexesBank Facilities75.00 1-May-22 Unlisted ACUITE BBB+ Stable -
GARG HEART AND MULTISPECIALITY HOSPITAL PRIVATE LIMITED Health servicesBank Facilities15.00 3-Jun-22 Unlisted ACUITE D - -
GEMINI EQUIPMENT AND RENTALS PRIVATE LIMITED Mining & construction equipmentBank Facilities1.10 21-Apr-22 Unlisted - - ACUITE A4+
GITA MET INDUSTRIES Other textilesBank Facilities19.48 4-Jun-22 Unlisted ACUITE BB Stable -
GITA MET INDUSTRIES Other textilesBank Facilities19.48 1-Jul-22 Unlisted ACUITE BB Stable -
GLOBAL LOGINFRA LLP Transport logistics servicesBank Facilities125.00 25-Apr-22 Unlisted ACUITE BB+ Stable -
GLOBE PANEL INDUSTRIES INDIA PRIVATE LIMITED Other consumer goodsBank Facilities160.00 18-Sep-22 Unlisted ACUITE BB+ Stable -
GNI INFRASTRUCTURE PRIVATE LIMITED Infrastructural constructionNCD10.00 5-Mar-22 Unlisted ACUITE BBB- Stable -
GOHANA SONEPAT HIGHWAY PRIVATE LIMITED Infrastructural constructionBank Facilities335.10 22-Aug-22 Unlisted ACUITE BBB- Stable -
GREEN GOLD SEEDS PRIVATE LIMITED Other agricultural productsBank Facilities51.25 3-Jul-22 Unlisted ACUITE B Stable -