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
GANDHAR OIL REFINERY INDIA LIMITED Lubricants, etc.NCD25.00 9-Jan-21 Unlisted ACUITE A- Stable -
GEM MOTORS INDIA PRIVATE LIMITED Diversified automobileBank Facilities65.00 5-Mar-21 Unlisted ACUITE B+ Stable ACUITE A4
GO AIRLINES (INDIA) LIMITED Air transport servicesNCD100.00 28-Jan-21 Unlisted ACUITE PROVISIONAL A- Stable -
GO AIRLINES (INDIA) LIMITED Air transport servicesNCD100.00 31-Jan-21 Unlisted ACUITE PROVISIONAL A- Stable -
GOKUL AGRO RESOURCES LIMITED Vegetable oils & productsBank Facilities100.00 1-Apr-21 Listed ACUITE BBB- Stable ACUITE A3
GOKUL AGRO RESOURCES LIMITED Vegetable oils & productsBank Facilities100.00 17-Apr-21 Listed ACUITE BBB- Stable ACUITE A3
GPR RESOURCES PRIVATE LIMITED Transport logistics servicesBank Facilities12.00 2-Apr-21 Unlisted ACUITE BB+ Stable -
GREEN TECH IT CITY PRIVATE LIMITED Housing constructionBank Facilities12.00 28-Mar-21 Unlisted ACUITE D - -
GURUMAHARAJ ENGICON PRIVATE LIMITED Infrastructural constructionBank Facilities40.00 27-Nov-21 Unlisted ACUITE BB Stable ACUITE A4+
HARI PRASAD GOPI KRISHNA SARAF PRIVATE LIMITED Gems & jewelleryNCD10.00 3-Sep-21 Unlisted ACUITE BBB Stable -
HIGHWAY INFRASTRUCTURE LIMITED Infrastructural constructionBank Facilities10.00 2-Jan-21 Unlisted ACUITE BBB Stable -
HIGHWAY INFRASTRUCTURE LIMITED Infrastructural constructionBank Facilities10.00 29-Jan-21 Unlisted ACUITE BBB Stable -
HIMALAYAN ROLLING STEEL INDUSTRIES PRIVATE LIMITED SteelNCD50.00 9-May-21 Unlisted ACUITE PROVISIONAL B- Stable -
HINDUJA REALTY VENTURES LIMITED Other construction & allied activitiesBank Facilities496.50 1-Jul-21 Unlisted ACUITE AA (CE) Stable -
HINDUJA REALTY VENTURES LIMITED Commercial complexesBank Facilities496.50 21-Oct-21 Unlisted ACUITE AA (CE) Stable -
HINDUPUR STEEL AND ALLOYS PRIVATE LIMITED SteelBank Facilities15.00 23-Aug-21 Unlisted ACUITE BBB- Stable -
IA HYDRO ENERGY PRIVATE LIMITED Renewable electricityBank Facilities15.00 12-Nov-21 Unlisted ACUITE BBB+(CE) Stable -
IA HYDRO ENERGY PRIVATE LIMITED Renewable electricityBank Facilities15.00+210.00 28-Nov-21 Unlisted ACUITE BBB+(CE) Stable -
INDIA POWER CORPORATION LIMITED Power Generation/Distribution_oldNCD25.00 5-Feb-21 Listed ACUITE BBB- Stable -
INDIA POWER CORPORATION LIMITED Power Generation/Distribution_oldNCD25.00 21-Feb-21 Listed ACUITE BBB- Stable -
INDIAN ACRYLICS LIMITED Man-made filaments & fibresBank Facilities10.00 2-Jul-21 Listed ACUITE B Negative ACUITE A4
IRB INFRASTRUCTURE DEVELOPERS LIMITED Infrastructural constructionCommercial Paper200.00 18-Dec-20 Listed - - ACUITE A1+
IRB INFRASTRUCTURE DEVELOPERS LIMITED Infrastructural constructionCommercial Paper200.00 21-Dec-20 Listed - - ACUITE A1+
ISMT LIMITED Steel pipes & tubesBank Facilities3,579.47 26-Nov-21 Listed ACUITE D - -
ITALIX LIVING SPACES PRIVATE LIMITED Commercial complexesBank Facilities570.00 8-Mar-21 Unlisted ACUITE BB- Stable -