Rating Process Flow and Timeline
13th October 2021 (Version 6)
|
Description |
Timeline |
|
Receipt of information [minimum + critical information (may vary from case to case)] |
Day T1 |
|
Management interaction; timer is reset |
Day T2 |
|
Submission to Rating Desk for inclusion in a RC Meeting# |
Day T2 + 5 |
|
RC Meeting |
Day T2 + 7 |
|
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.
Appeal
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.