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

Sr
No:
Name of the
Issuer
Sector Instrument Type Issue Size
(In Cr.)
Date of Non Acceptance Listing Status Long Term Rating Outlook Short Term Rating Whether the rating was accepted by the issuer, subsequent to the non-accepted ratings disclosure? (Yes/No) Date of subsequent acceptance of final rating assigned Final rating accepted by the issuer Whether the issuer requested for a review/appeal subsequent to disclosure of unaccepted rating? Whether review/appeal of the disclosed unaccepted rating was granted by CRA
76 DODDANAVAR GLOBAL ENERGY PRIVATE LIMITED Renewable electricityBank Facilities65.00 30-Jan-23 Unlisted ACUITE BB+ Stable - - - - - -
77 DR G D POL FOUNDATION EducationBank Facilities20.00 26-Sep-22 Unlisted ACUITE BB- Stable ACUITE A4+ - - - - -
78 DVARA KSHETRIYA GRAMIN FINANCIAL SERVICES PRIVATE LIMITED Other fund based financial servicesCommercial Paper25.00 25-Jun-22 Listed Debt - - ACUITE A2 - - - - -
79 ECE INDUSTRIES LIMITED Generators, transformers & switchgearsBank Facilities107.50 3-Dec-22 Unlisted ACUITE BBB+ Stable ACUITE A2 - - - - -
80 ECENTRIC DIGITAL PRIVATE LIMITED ITESBank Facilities61.55 4-Nov-22 Unlisted ACUITE BB Stable ACUITE A4+ - - - - -
81 ECO CANE SUGAR ENERGY LIMITED SugarBank Facilities100.00 2-Dec-22 Unlisted ACUITE B Stable ACUITE A4 - - - - -
82 ECO CANE SUGAR ENERGY LIMITED SugarBank Facilities100.00 12-Dec-22 Unlisted ACUITE B Stable ACUITE A4 - - - - -
83 ECOREN ENERGY INDIA PRIVATE LIMITED Power GenerationBank Facilities50.00 4-Mar-23 Unlisted - - ACUITE A4+ No Not Applicable Not Applicable No No
84 ELOQUENT STEEL PRIVATE LIMITED SteelBank Facilities240.96 29-Sep-22 Unlisted ACUITE BBB+ Stable ACUITE A2 - - - - -
85 EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED Housing constructionNCD420.00 2-Oct-22 Listed Debt ACUITE Provisional PP MLD BB+ Stable - - - - - -
86 EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED Housing constructionNCD180.00 2-Oct-22 Listed Debt ACUITE Provisional PP MLD BB+ Stable - - - - - -
87 EMMVEE PHOTOVOLTAIC POWER PRIVATE LIMITED Other Electrical EquipmentBank Facilities100.00 9-Apr-23 Unlisted ACUITE BBB Stable ACUITE A2 Yes 11-Apr-23 ACUITE BBB+/Stable/ACUITE A2 No No
88 EVEREST FLEET PRIVATE LIMITED Road transport servicesBank Facilities100.00 20-Aug-22 Unlisted ACUITE BB+ Stable - - - - - -
89 EVERRENEW ENERGY PRIVATE LIMITED Renewable electricityBank Facilities63.00 12-Dec-22 Unlisted ACUITE BB Stable ACUITE A4+ - - - - -
90 EVERRENEW ENERGY PRIVATE LIMITED Civil ConstructionBank Facilities63.00 9-Jan-23 Unlisted ACUITE BB Stable ACUITE A4+ - - - - -
91 FINWIZARD TECHNOLOGY PRIVATE LIMITED Financial Technology (Fintech)Bank Facilities10.00 19-Mar-23 Unlisted - - ACUITE A4+ No Not Applicable Not Applicable No No
92 FINWIZARD TECHNOLOGY PRIVATE LIMITED Financial Technology (Fintech)Commercial Paper10.00 27-May-23 Unlisted - - ACUITE A4+ No Not Applicable Not Applicable No No
93 FIREPRO SYSTEMS PRIVATE LIMITED Infrastructural constructionBank Facilities46.60 25-Sep-22 Unlisted ACUITE B+ Stable ACUITE A4 - - - - -
94 FITCAST FOUNDERS AND ENGINEERS PRIVATE LIMITED Castings & ForgingsBank Facilities19.00 26-Aug-22 Unlisted ACUITE BB- Stable ACUITE A4 - - - - -
95 FLEXITUFF VENTURES INTERNATIONAL LIMITED Plastic packaging goodsNCD10.00 15-Aug-22 Listed Equity ACUITE C - - - - - - -
96 FORMEL LABS PRIVATE LIMITED Drugs & pharmaceuticalsBank Facilities50.00 29-Oct-22 Unlisted ACUITE B+ Stable - Yes 14-Feb-23 ACUITE BB-/Stable No No
97 GANTI COLD STORAGE PRIVATE LIMITED Food Storage FacilitiesBank Facilities17.00 9-Apr-23 Unlisted ACUITE B Stable - No Not Applicable Not Applicable No No
98 GARG HEART AND MULTISPECIALITY HOSPITAL PRIVATE LIMITED Health servicesBank Facilities15.00 3-Jun-22 Unlisted ACUITE D - - - - - - -
99 GIRISH EXPORTS Garments & ApparelsBank Facilities16.50 26-Jan-23 Unlisted ACUITE BB- Stable - - - - - -
100 GITA MET INDUSTRIES Other textilesBank Facilities19.48 4-Jun-22 Unlisted ACUITE BB Stable - - - - - -