Rating Process Flow and Timeline
1st February 2023 (Version 9)



 Receipt of information [minimum + critical information (may vary from case to case)] 

 Day T1

 Management interaction or submission of critical information-whichever is later; timer is reset

 Day T2

 Submission to Rating Desk for inclusion in a RC Meeting#

 Day T2 + 5

 RC Meeting

Earliest: Day T2 + 5 Latest: Day T2 + 7

 Communication of the rating assigned to issuer

2 working days of rating committee meeting

 Receipt of manually / electronically signed Letter of Acceptance (applicable for fresh cases); timer is reset

 Day T3$

 Dissemination of rating and publishing on website

 Day T3 + 2

 Surveillance & Monitoring: On-going process

As per SEBI requirements

‘Day’ refers to a working day and excludes weekends / public holidays / non-working or partial days / emergency holidays declared by government / municipal authorities.

#Submission to Rating Desk for inclusion in a RC Meeting: Wherever required, the rating note is reviewed by the Team Leader/ Head before submission to Rating Desk for inclusion in a RC Meeting.

The client has an option to appeal against the rating assigned. If the client chooses to appeal against the rating assigned, Acuité will accept such a request at its discretion, only upon being provided with additional, material information not provided earlier. Such a request can be made within 05 days of communication of rating and shall be accepted only once.

$Disclosure of Unaccepted Rating
Acuité will disclose the unaccepted ratings on its website within a month from the date of communication of rating to the client, as per prevailing SEBI guidelines.