Annexure IV
Movement of each rating that has moved more than one Notch
Rating Movement more than one Notch between
October 2015 to March 2016 Long Term
Sr. No. Name of the Issuer
Rating prior to revision
Rating post revision
Notch
Difference
1
Admiron Life Sciences Private Limited
CARE BB-
CARE D
7
2
Admiron Life Sciences Private Limited
CARE D
CARE B+
6
3
Aerocon Buildwell Private Limited
CARE B
CARE D
5
4
Ainaj Industries
CARE B+
CARE D
5
AMCL Machinery Limited
CARE BBB- (SO)
CARE BB (SO)
2
6
Amrit Fresh Private Limited
CARE BB
CARE D
8
7
Anaya Gems Inc.
CARE BBB-
CARE BB @
2
8
Andhra Cements Limited
CARE BBB-
CARE D
10
3
6
9
Andhra Expressway Limited
CARE AA
CARE A
10
Antrix Diamond Exports Private Limited
CARE BBB-
CARE BB
2
11
Apollo Zipper India Limited
CARE BBB- (SO)
CARE D
10
12
Apollo Zipper India Limited
CARE D
CARE B (SO)
5
13
Arcadia Shipping Limited
CARE BBB-
CARE BB
2
14
Ardent Steel Limited
CARE BBB+
CARE BBB-
2
15
Arka Leisure & Entertainments Private Limited
CARE B+
CARE D
6
16
Arkay Energy (Rameswarm) Limited
CARE BBB
CARE D
11
17
Arkay Energy (Rameswarm) Limited
CARE D
CARE BB-
7
18
Arwade Infrastructure Limited
CARE BB-
CARE BB+
2
19
AS Nutra Tech Private Limited
CARE BB
CARE B
3
20
Ashapura Intimates Fashion Limited
CARE BBB-
CARE BBB+
2
21
Ashtavinayak Auto Private Limited
CARE BB-
CARE D
7
22
Associated Alcohols & Breweries Limited
CARE BBB-
CARE BBB+
2
23
Atra Pharmaceuticals Limited
CARE B+
CARE D
6
24
Avaya Industries Limited
CARE BB
CARE D
8
25
AVK Automall Private Limited
CARE BB-
CARE D
7
26
AVK Automart Private Limited
CARE BB-
CARE D
7
27
Badhri Spinning Mills Private Limited
CARE B-
CARE D
4
28
Bajaj Basmati Private Limited
CARE BB-
CARE D
7
29
Bajwa Gram Udyog Samiti
CARE B
CARE D
5
30
Bala Industries and Entertainment Private Limited
CARE A- (SO)
CARE BBB (SO)
2
31
Bank of India
CARE AA+
CARE AA-
2
32
Bharat Hotels Limited
CARE BBB-
CARE D
10
33
Bharat Hotels Limited
CARE D
CARE B
5
34
Bhushan Energy Limited
CARE BB
CARE B
3
35
Bhushan Steel Limited
CARE BB @
CARE D
8
36
Biological E. Limited
CARE A+
CARE AA
2
37
Bodal Chemicals Limited
CARE BBB-
CARE BBB+
2
38
BSR Cancer Hospital Private Limited
CARE BBB- (SO)
CARE D
10
39
BSR Diagnostic Limited
CARE BBB- (SO)
CARE D
10
40
BSR Superspeciality Hospitals Limited
CARE BBB-
CARE D
10
41
Camson Agri - Ventures Private Limited
CARE BBB (SO) @
CARE BB (SO)
3
42
CFC Carriers Private Limited
CARE BBB-
CARE BB
2
43
Chaudhary Ingots Private Limited
CARE BB-
CARE D
7
44
Chetak Enterprises Limited
CARE A-
CARE A+
2
45
Chetak Jainco Tollways Limited
CARE A- (SO)
CARE A+ (SO)
2
46
Chetak Mitra Tollways Limited
CARE A- (SO)
CARE A+ (SO)
2
47
Chhattisgarh Steel & Power Limited
CARE B+
CARE D
6
48
CHL Limited
CARE BB
CARE D
8
49
Comet Granito Private Limited
CARE B
CARE BB-
2
50
Convention Hotels India Private Limited
CARE B+
CARE D
6
51
Coral Ceramic Private Limited
CARE BB
CARE BBB-
2
52
Coral Plus Ceramic Private Limited
CARE BB
CARE BBB-
2
53
Coromandel Sugars Limited
CARE BBB- (SO)
CARE BBB+ (SO)
2
54
Corum Hospitality
CARE BB
CARE D
8
55
Dashmesh Rice Mills_(Dasuya)
CARE B
CARE D
5
56
Delhi Duty Free Services Private Limited
CARE A-
CARE A+
2
57
Dena Bank
CARE AA-
CARE A
2
58
Dena Bank
CARE A+
CARE BBB+
3
1
Sr. No. Name of the Issuer
Rating prior to revision
Rating post revision
Notch
Difference
59
Dhroov Resorts
CARE B
CARE D
5
60
Diamond Hometex India Private Limited
CARE B
CARE BB-
2
61
Dighi Port Limited
CARE B+
CARE D
6
62
Divya Agro Roller Flour Mills Private limited
CARE B+
CARE D
6
63
Divyaratna Agrotech Private Limited
CARE BB-
CARE D
7
64
Earth Stahl and Alloys Private Limited
CARE BB-
CARE D
7
65
Eastern Hatcheries Private Limited
CARE BBB+ (SO)
CARE BBB- (SO)
2
66
ECA Infrastructure India Private Limited
CARE A- (SO)
CARE A+ (SO)
2
67
Eco Tech Papers
CARE BB- (Is)
CARE BB+ (Is)
2
68
Electrosteel Castings Limited
CARE AA-
CARE A
2
69
Elite Infra Projects Private Limited
CARE BB
CARE D
8
70
Elora Cotton Industries
CARE B+
CARE D
6
71
Emaar MGF Land Limited
CARE BB
CARE B
3
72
Emaar MGF Land Limited
CARE BB
CARE D
8
73
Energo Engineering Projects Limited
CARE BBB
CARE BB
3
74
Ennore Tank Terminals Private Limited
CARE A
CARE AA-
2
75
Eros International Media Limited
CARE AA-
CARE A @
76
ESS DEE Aluminium Limited
CARE BBB-
CARE D
10
77
Etco Denim Private Limited
CARE D
CARE C
2
78
Etco Industries Private Limited
CARE D
CARE C
2
79
Everest Kanto Cylinder Limited
CARE D
CARE C
2
80
Everest Kanto Cylinder Limited
CARE C
CARE D
2
81
Ezone Strips Private Limited
CARE BB
CARE D
8
82
Fabworth Promoters Private Limited
CARE BB+
CARE D
9
83
Fabworth Promoters Private Limited
CARE D
CARE BB-
7
84
Faery Estates Private Limited
CARE AA- (SO) @
CARE A-
3
85
Faery Estates Private Limited
Provisional CARE AA- @
CARE A-
3
86
Faery Estates Private Limited
Provisional CARE AA- (SO) @
Provisional CARE A-
3
87
FE India Limited
CARE BBB-
CARE D
10
88
Firestar Diamond BVBA
CARE BBB+ (SO)
CARE BBB- (SO)
2
89
Firestar Diamond BVBA
Provisional CARE BBB+ (SO)
Provisional CARE BBB- (SO)
2
90
Firestar Diamond International Private Limited
CARE BBB+ (SO)
CARE BBB- (SO)
2
91
Firestar Diamond International Private Limited
Provisional CARE BBB+ (SO)
Provisional CARE BBB- (SO)
2
92
Firestar Diamond Limited
CARE BBB+ (SO)
CARE BBB- (SO)
2
93
Firestar Diamond Limited
Provisional CARE BBB+ (SO)
Provisional CARE BBB- (SO)
2
94
Firestar International Private Limited
CARE BBB+ (SO)
CARE BBB- (SO)
2
95
Firestar International Private Limited
Provisional CARE BBB+ (SO)
Provisional CARE BBB- (SO)
2
96
Flora Marmo Industries Private Limited
CARE B+
CARE BB
2
97
Fountain Imports Private Limited
CARE BB-
CARE D
7
98
Friends Salt Works & Allied Industries
CARE BBB-
CARE BBB+
2
99
Gajra Gears Private Limited
CARE B+
CARE C
4
100
Gajra Gears Private Limited
CARE B+
CARE D
6
101
Gajraj Hotel Private Limited
CARE C
CARE D
2
102
Galaxy Construction and Contractor Private Limited
CARE BB
CARE D
8
103
Gati Infrastructure Bhasmey Power Private Limited
CARE D
CARE B
5
104
Gati Infrastructure Private Limited
CARE BB-
CARE D
7
105
Gayatri Bioorganics Limited
CARE B
CARE D
5
106
Gayatri Projects Limited
CARE B+
CARE D
6
107
Gayatri Projects Limited
CARE D
CARE B
5
108
GCL Private Limited
CARE B
CARE D
5
109
Gemco Energy Limited
CARE B+
CARE BB
2
110
Gemini Consolidated Projects Private Limited
CARE B+ (SO)
CARE D
6
111
Gemini Equipment And Rentals Private Limited
CARE BB+
CARE C
7
112
Gillanders Arbuthnot and Company Limited
CARE A (FD)
CARE BBB+ (FD)
2
113
Global Offshore Services Limited
CARE AA-
CARE A
2
114
Graintech Foods India Private Limited
CARE D
CARE B
5
115
Gripwell Tools Industries
CARE BB-
CARE BB+
2
116
GSPC Pipavav Power Company Limited
CARE BB
CARE BBB-
2
117
GTN Enterprises Limited
CARE BB
CARE D
8
118
GTN Textiles Limited
CARE BB-
CARE D
7
119
GVK Power & Infrastructure Limited
CARE BBB+
CARE D
12
120
GVK Power & Infrastructure Limited
CARE D
CARE BB
8
2
2
Sr. No. Name of the Issuer
Rating prior to revision
Rating post revision
Notch
Difference
121
GVK Power (Goindwal Sahib) Limited
CARE BB
CARE D
8
122
GVK Transportation Private Limited
CARE BBB+ (SO)
CARE BB (SO)
4
123
H. K. Designs India
CARE BBB+
CARE A
2
124
HES Infra Private Limited
CARE BBB-
CARE BBB+
2
125
Hi Reach Construction Equipments Private Limited
CARE B
CARE BB-
2
126
High Energy Batteries India Limited
CARE BB
CARE D
8
127
Himadri Chemicals & Industries Limited
CARE A+
CARE A-
2
128
Himalayan Expressway Limited
CARE BBB-
CARE BB
2
129
Hind Agro Industries Limited
CARE BB-
CARE D
7
130
Hind Industries Limited
CARE BB-
CARE D
7
131
Hindupur Steel And Alloys Private Limited
CARE B
CARE BB-
2
132
Hindustan Organic Chemicals Limited
CARE D
CARE AAA (SO)
19
133
Hindusthan National Glass and Industries Limited
CARE BBB-
CARE BB
2
134
Housing Development Finance Corporation Limited - Securitisation
CARE BBB (SO)
CARE A+ (SO)
4
135
IND-Barath Energy (Utkal) Limited.
CARE BB+
CARE D
9
136
Ind-Barath Powergencom Limited
CARE BB+
CARE D
9
137
Ind-Barath Thermotek Private Limited
CARE BB+
CARE B+
3
138
Independent News Service Private Limited
CARE BBB+
CARE A
2
139
India Land Infrastructure Development Private Limited
CARE BBB+
CARE A
2
140
Indiabulls Financial Services Limited - Securitisation
CARE BBB (SO)
CARE A+ (SO)
4
141
Indian Cane Power Limited
CARE BB+
CARE D
9
142
Indian Hospitex Private Limited
CARE BBB+ (SO) @
CARE BB+
3
143
Indian Overseas Bank
CARE AA-
CARE A-
3
144
Indian Overseas Bank
CARE A-
CARE BBB
2
145
Integrated Live Stock Village Farm Private Limited
CARE BB- (SO)
CARE D
7
146
Jagat Agro Commodities Private Limited
CARE BBB-
CARE D
10
147
Jaiprakash Power Ventures Limited
CARE BB
CARE B
3
148
Jaiprakash Power Ventures Limited
CARE BB
CARE D
8
149
Jaipur Mahua Tollway Private Limited
CARE A
CARE AA-
2
150
Janki Corp Limited
CARE B+
CARE D
6
151
Jas Toll Road Company Limited
CARE BBB-
CARE BB
2
152
Jaypee Cement Coporation Limited
CARE BB
CARE D
8
153
Jaypee Healthcare Limited
CARE BBB-
CARE BB
2
154
Jindal Steel And Power Limited
CARE A
CARE BBB+
2
155
Jindal Steel And Power Limited
CARE BBB+
CARE BB+
3
156
Jindal Steel And Power Limited
CARE BB+
CARE D
9
157
Jiya Eco Products Limited
CARE BB
CARE BBB-
2
158
Jogvick Manufacturing & Trading Private Limited
CARE BB+
CARE D
9
159
Johal & Company (Wine Sales) Private Limited
CARE BB+
CARE D
9
160
JSR Mulbagal Tollways Private Limited
CARE BB-
CARE D
7
161
Jyoti Limited
CARE C
CARE D
2
162
Kamineni Health Care Private Limited
CARE BB
CARE D
8
163
Kamineni Steel & Power India Private Limited
CARE BB-
CARE D
7
164
Kapsons Industries Limited
CARE B+
CARE D
6
165
Khalghat Sendhwa Tollways Private Limited
CARE BBB
CARE A-
2
166
Khalghat Sendhwa Tollways Private Limited
CARE BBB-
CARE BBB+
2
167
Kopalle Pharma Chemicals Private Limited
CARE B
CARE BB
3
168
Kosamattam Finance Limited
CARE BBB-
CARE BB
2
169
Krishnapatnam Port Company Limited
CARE BBB-
CARE A
4
170
KSM Spinning Mills Limited
CARE BB+
CARE D
9
171
Kujjal Builders Private Limited
CARE BBB- (SO)
CARE D
10
172
Kujjal Builders Private Limited
CARE D
CARE B (SO)
5
173
Kulkarni Power Tools Limited
CARE BB-
CARE B
2
174
Lavasa Hotels Limited
CARE B
CARE D
5
175
Maa Tarini Industries Limited
CARE BB-
CARE D
7
176
Maa Usha Urja Limited
CARE BBB-
CARE BB
2
177
Madan's Wine Stores Private Limited
CARE BB+
CARE D
9
178
Madhav (Phool Sagar Niwas Shahpura Corridor) Highways Private Limited
CARE BBB (SO)
CARE A-
2
179
Madhav (Sehora Silodi Corridor) Highways Private Limited
CARE BBB (SO)
CARE A-
2
180
Madhusala Drinks Private Limited
CARE BB+
CARE D
9
181
Magadh Micro Towers and Transmission Private Limited
CARE C
CARE B
3
182
Mahavir Foods
CARE B-
CARE D
4
183
Mahi Granites Private Limited
CARE BB
CARE BBB-
2
3
Sr. No. Name of the Issuer
Rating prior to revision
Rating post revision
Notch
Difference
184
Mangal Shanti Development Corporation
CARE B
CARE D
5
185
Mayar Health Resorts Limited
CARE D
CARE B+
6
186
MBE Coal & Mineral Technology India Private Limited
CARE BBB (SO) @
CARE BB+ (SO)
2
187
McNally Bharat Engineering Company Limited
CARE BBB- (RPS) @
CARE BB (RPS)
2
188
McNally Bharat Engineering Company Limited
CARE BBB @
CARE BB+
2
189
McNally Sayaji Engineering Limited
CARE BBB- @
CARE BB
2
190
McNally Sayaji Engineering Limited
CARE BBB (SO) @
CARE BB+ (SO)
2
191
McNally Sayaji Engineering Limited
CARE BBB
CARE BB
3
192
Mojj Engineering Systems Limited
CARE BB-
CARE BB+
2
193
Mukesh Strips Limited
CARE B
CARE D
5
194
MWV India Paperboard Packaging Private Limited
CARE A+
CARE A-
2
195
Navbharat Explosive Company Limited
CARE BB
CARE B+
2
196
Navbharat Fuse Company Limited
CARE BB
CARE B+
2
197
Navi Mumbai SEZ Private Limited
CARE A
CARE AA
3
198
Nayaab Jewels
CARE D
CARE B
5
199
Nexgen Laminators Private Limited
CARE BB-
CARE D
7
200
Nidhi Mercantiles Limited
CARE B+
CARE BB
2
201
Nilkanth Chawal Mills Private Limited
CARE BB
CARE D
8
202
Nimbus Pipes Limited
CARE D
CARE B-
4
203
NSL Cotton Corporation Private Limited
CARE B+
CARE B-
2
204
NSP BVSR KP Road Projects Private Limited
CARE BBB-
CARE BBB+
2
205
NSP Variegate PP Road Projects Private Limited
CARE BBB-
CARE BBB+
2
206
NSP Variegate RG Road Projects Private Limited
CARE BBB-
CARE BBB+
2
207
NuPower Renewables Private Limited
CARE BBB
CARE D
11
208
Nuziveedu Swathi Coastal Consortium
CARE B+
CARE D
6
209
NV International Private Limited
CARE BB-
CARE D
7
210
Om Besco Rail Products Limited
CARE BBB-
CARE BB
2
211
Omicron Power Engineers Private Limited
CARE B+
CARE C
4
212
Ongole Arogya Hospitals Private Limited
CARE BB
CARE D
8
213
Origin Formulations Private Limited
CARE B
CARE BB-
2
214
Oswal Extrusion Limited
CARE BBB-
CARE BB
2
215
Oswal Spinning and Weaving Mills Limited
CARE C
CARE D
2
216
PAE Limited
CARE B+
CARE D
6
217
Panacea Biotec Limited
CARE D
CARE B-
4
218
Panyam Cements and Mineral Industries Limited
CARE D
CARE C
2
219
Panyam Cements and Mineral Industries Limited
CARE C
CARE B-
2
220
Paras Ram Textiles Private Limited
CARE C
CARE B+
4
221
Parenteral Surgicals Limited
CARE B
CARE D
5
222
Patanjali Ayurved Limited
CARE BBB+
CARE A
2
223
Patel Jiva Sales Private Limited
CARE B-
CARE B+
2
224
Patna Highway Projects Limited
CARE BB
CARE B
3
225
Patspin India Limited
CARE B+
CARE D
6
226
Patspin India Limited
CARE B+
CARE C
4
227
Plastene India Limited
CARE BBB-
CARE BB
2
228
Prakash Industries Limited
CARE B (Is)
CARE D (Is)
5
229
Pravara Renewable Energy Limited
CARE BBB-
CARE B
5
230
Pravin Buildtech Private Limited
CARE D
CARE B
5
231
Premier Limited
CARE BB
CARE D
8
232
Premier Limited
CARE BB (FD)
CARE D (FD)
8
233
Prince Marine Transport Services Private Limited
CARE B
CARE C
3
234
Prince Marine Transport Services Private Limited
CARE B
CARE D
5
235
Provogue (India) Limited
CARE BBB
CARE D
11
236
Punjab Lighting Industries Limited
CARE BB
CARE D
8
237
R S K Industries Private Limited
CARE D
CARE BB-
7
238
Radheyshyam Agrawal
CARE BB
CARE BBB-
2
239
Radico NV Distilleries Maharashtra Limited
CARE BBB
CARE A
3
240
Raebareilly Allahabad Highway Private Limited
CARE BB
CARE D
8
241
Rainbow Papers Limited
CARE BBB
CARE BB+
2
242
Rajahmundry Expressway Limited
CARE AA
CARE A
3
243
Rajahmundry Godavari Bridge Limited
CARE BBB-
CARE D
10
244
Rajuri Steel & Alloys Private Limited
CARE B
CARE D
5
245
Rama Handicrafts
CARE D
CARE BB-
7
246
Ramakrishna Electronics_(Kurnool)
CARE B+
CARE D
6
4
Sr. No. Name of the Issuer
Rating prior to revision
Rating post revision
Notch
Difference
247
Ramani Ice Cream Company Limited
CARE BBB-
CARE BBB+
2
248
Ratnagarbha Agro Private Limited
CARE BB-
CARE D
7
249
RCL Paper and Packagings Limited
CARE BB
CARE D
8
250
Redstone Granito Private Limited
CARE B+
CARE BB
2
251
Reengus Sikar Expressway Limited
CARE BBB+
CARE A+
3
252
Rolex Processors Private Limited
CARE B
CARE BB-
2
253
Ruchi Malls Private Limited
CARE BB+
CARE BBB
2
254
S.Pal Enterprises Private Limited
CARE B
CARE BB-
2
255
Sahaj e-Village Limited
CARE A- (SO)
CARE A+ (SO)
2
256
Saisudhir Energy Limited
CARE B+
CARE D
6
257
Sakrat Texfab Private Limited
CARE D
CARE B
5
258
Sar Senapati Santaji Ghorpade Sugar Factory Limited
CARE D
CARE B-
4
259
Sarda Metal & Alloys Limited
CARE BBB
CARE BB+
2
260
Sarvesh Agencies Private Limited
CARE B+
CARE D
6
261
Satyanarayan Tea Company Private Limited
CARE BB+
CARE B
4
262
Scan Steels Limited
CARE B+
CARE D
6
263
Scan Steels Limited
CARE B+ (FD)
CARE D (FD)
6
264
Scholar International Educational Foundation
CARE B+
CARE D
6
265
SE Forge Limited
CARE D
CARE BBB-
10
266
Semler Research Center Private Limited
CARE BB-
CARE BB+
2
267
Senthil Papers and Boards Private Limited
CARE BB+
CARE D
9
268
Shapoorji Pallonji Forbes Shipping Limited
CARE A (SO)
CARE AA (SO)
3
269
Sharon Bio-Medicine Limited
CARE BB
CARE B+
2
270
Shiv Shipping Services
CARE BB-
CARE BB+
2
271
Shiva Cement Limited
CARE BBB
CARE BB
3
272
Shiva Satya Hotels Private Limited
CARE D
CARE B
5
273
Shivom Minerals Limited
CARE BBB-
CARE BB-
3
274
Shree Balaji Texspin Private Limited
CARE B+
CARE D
6
275
Shree Bhimeshwari Ispat Private Limited
CARE BB
CARE D
8
276
Shree Mandvi Vibhag Sahakari Khand Udhyog Mandli Limited
CARE BB
CARE D
8
277
Shree Siddhivinayak Ispat Private Limited
CARE BB
CARE D
8
278
Shri Mahavir Ferro Alloys Private Limited
CARE B+
CARE D
6
279
Sidhi Vinayak Rice Mills
CARE B
CARE D
5
280
Simplex Engineering & Foundry Works Private Limited
CARE BBB+
CARE BBB-
2
5
Sr. No. Name of the Issuer
Rating prior to revision
Rating post revision
Notch
Difference
281
Sipping Spirits Private Limited
CARE BB
CARE B+
2
282
Sirius Infra Projects Private Limited
CARE BB+
CARE D
9
283
Sitaram Maharaj Sakhar Karkhana (Khardi) Limited
CARE B
CARE D
5
284
SNS Starch Limited
CARE B-
CARE B+
2
285
Sobhagia Clothing Company
CARE BB
CARE BBB-
2
286
SPC Chetak Tollways Private Limited
CARE A- (SO)
CARE A+ (SO)
2
287
SQ Squeezers Private Limited
CARE B
CARE D
5
288
Sri Ram Cables Private Limited
CARE B
CARE BB-
2
289
Srinivasa Steel Products
CARE B+
CARE D
6
290
SRK Group
CARE B+
CARE BB
2
291
SSAB Energy & Minerals Limited
CARE BBB-
CARE D
10
292
Sterling Gated Community Private Limited
CARE BB+
CARE D
9
293
Sukh Sagar Motors Private Limited
CARE B+
CARE D
6
294
Sunlex Fabrics Private Limited
CARE B
CARE BB-
2
295
Suryajyoti Spinning Mills Limited
CARE B-
CARE D
4
296
Swathy Smart Cards Hi-Tech Private Limited
CARE BB
CARE D
8
297
Tangnu Romai Power Generation Private Limited
CARE B
CARE D
5
298
Tara Jewels Limited
CARE BBB+
CARE BB
4
299
Tarachand International Private Limited
CARE B
CARE D
5
300
Tarendra Infrastructure Chennai Private Limited
CARE BB
CARE B
3
301
Tata Blue Scope Steel Limited
CARE BBB+
CARE A
2
302
TCG Hamilton India Limited
CARE A-
CARE BB
5
303
Terra Infra Development Limited
CARE BB-
CARE B
2
304
The Mobile Store Services Limited
CARE B+
CARE D
6
305
The Mobile Store Services Limited
CARE D
CARE B+
6
306
The Ruby Mills Limited
CARE BB-
CARE D
7
307
TRF Limited
CARE A+
CARE A-
2
308
Tropical Agrosystem (India) Private Limited
CARE BBB-
CARE BBB+
2
309
Truba Advance Sciences Kombine
CARE B
CARE D
5
310
U. C. Jain Foundation Trust
CARE B
CARE D
5
311
UIC Udyog Limited
CARE B-
CARE D
4
312
Umang Boards Private Limited
CARE B
CARE BB-
2
313
Unique Estates Development Company Limited
CARE A
CARE AA-
2
314
Unique Estates Development Company Limited
CARE A (FD)
CARE AA- (FD)
2
315
United Infraventures Limited
CARE C
CARE B
3
316
Unity Jewels
CARE BBB+
CARE A
2
317
Urjankur Shree Datta Power Company Limited
CARE BBB
CARE A-
2
318
Usher Agro Limited
CARE BBB+
CARE D
12
319
Uttara Foods and Feeds Private Limited
CARE A- (SO)
CARE D
13
320
Uttara Impex Private Limited
CARE A- (SO)
CARE BBB (SO)
2
321
Val Pack Solutions Private Limited
CARE B-
CARE B+
2
322
Vasavi Power Services Private Limited
CARE BB
CARE D
8
323
Vasishta Constructions Private Limited
CARE D
CARE C
2
324
Vasishta Constructions Private Limited
CARE C
CARE BB
6
325
Venkateshwara Hatcheries Private Limited
CARE A-
CARE BBB
2
326
Venky's India Limited
CARE A-
CARE BBB
2
327
Vesta Equipment Private Limited
CARE B+
CARE D
6
328
Victory Ceratech Private Limited
CARE BB-
CARE BB+
2
329
Videocon d2h Limited
CARE A-
CARE D
13
330
Videocon d2h Limited
CARE D
CARE BBB+
12
331
Virat Spinners Private Limited
CARE B+
CARE BB
2
332
Visa Power Limited
CARE B+
CARE D
6
333
Vishwa Infrastructures and Services Private Limited
CARE B
CARE D
5
334
Vitthal Corporation Limited
CARE B
CARE BB-
2
335
Walchandnagar Industries Limited
CARE BBB+
CARE BBB-
2
336
Welmade Locking Systems Private Limited
CARE BBB
CARE A-
2
337
Whistle Media Network Private Limited
CARE B
CARE BB-
2
338
Whitelotus Industries Limited
CARE D
CARE C
2
339
Win-Stone Industries (India) Private Limited
CARE D
CARE C
2
340
Win-Tel Ceramics Private Limited
CARE B
CARE BB
3
341
Yash Knitwear
CARE B
CARE BB-
2
6
Rating prior to revision
Sr. No. Name of the Issuer
Rating post revision
Notch
Difference
Rating post revision
Notch
Difference
Rating Movement more than one Notch between
October 2015 to March 2016 Short Term
Sr. No. Name of the Issuer
Rating prior to revision
1
AKA Logistics Private Limited
CARE A3+
CARE A2+
2
2
Ambuja Intermediates Limited
CARE A3+
CARE A2+
2
3
AMCL Machinery Limited
CARE A3 (SO)
CARE A4 (SO)
2
4
Ami Lifesciences Private Limited
CARE A4
CARE A3
2
5
Andhra Cements Limited
CARE A3
CARE D
3
6
Anjaney Ferro Alloys Limited
CARE A2
CARE A1
2
7
Antrix Diamond Exports Private Limited
CARE A3
CARE A4 @
2
8
Arani Argo Oil Industries Private Limited
CARE A3
CARE A4
2
9
Arcadia Shipping Limited
CARE A3
CARE A4
2
10
Arkay Energy (Rameswarm) Limited
CARE A3+
CARE D
4
11
Associated Alcohols & Breweries Limited
CARE A3
CARE A2
2
12
Bharat Hotels Limited
CARE A3
CARE D
3
13
Bodal Chemicals Limited
CARE A3
CARE A2
2
14
BPS Industries
CARE A3 (SO)
CARE A4 (SO)
2
15
BSR Cancer Hospital Private Limited
CARE A3 (SO)
CARE D
3
16
BSR Diagnostic Limited
CARE A3 (SO)
CARE D
3
17
Camson Agri - Ventures Private Limited
CARE A3 (SO) @
CARE A4 (SO)
2
18
Chetak Enterprises Limited
CARE A2+
CARE A1+
2
19
Chetak Mitra Tollways Limited
CARE A2+ (SO)
CARE A1+ (SO)
2
20
Coral Ceramic Private Limited
CARE A4
CARE A3
2
21
Coral Plus Ceramic Private Limited
CARE A4
CARE A3
2
22
Creative Chain Stores Private Limited
CARE A4
CARE A3
2
23
Delhi Duty Free Services Private Limited
CARE A2+
CARE A1+
2
24
Drake and Scull Water and Energy Private Limited
CARE A1 (SO)
CARE A3+ (SO)
3
25
Eastern Hatcheries Private Limited
CARE A2+ (SO)
CARE A3+ (SO)
2
26
Eastern Hatcheries Private Limited
CARE A2 (SO)
CARE A3 (SO)
2
27
ECA Infrastructure India Private Limited
CARE A2+ (SO)
CARE A1+ (SO)
2
28
Energo Engineering Projects Limited
CARE A3+
CARE A4
3
29
Eros International Media Limited
CARE A1+
CARE A2+ @
2
30
ESS DEE Aluminium Limited
CARE A3
CARE D
3
31
FE India Limited
CARE A3
CARE D
3
32
Firestar Diamond FZE
CARE A2
CARE A3
2
33
Firestar Diamond FZE
CARE A2 (SO)
CARE A3 (SO)
2
34
Firestar Diamond FZE
Provisional CARE A2 (SO)
Provisional CARE A3 (SO)
2
35
Firestar Diamond International Private Limited
CARE A2 (SO)
CARE A3 (SO)
2
36
Firestar Diamond International Private Limited
Provisional CARE A2 (SO)
Provisional CARE A3 (SO)
2
37
Firestar International Private Limited
CARE A2 (SO)
CARE A3 (SO)
2
38
Firestar International Private Limited
Provisional CARE A2 (SO)
Provisional CARE A3 (SO)
2
39
Gillanders Arbuthnot and Company Limited
CARE A2+
CARE A3+
2
40
GJS Infratech Private Limited
CARE A4
CARE A3
2
41
Global Offshore Services Limited
CARE A1+
CARE A2+
2
42
Glochem Industries Limited
CARE A4
CARE A3
2
43
GSPC Pipavav Power Company Limited
CARE A4
CARE A3
2
44
GVK Power & Infrastructure Limited
CARE A3+
CARE D
4
45
GVK Transportation Private Limited
CARE A3+ (SO)
CARE A4 (SO)
3
46
H. K. Designs India
CARE A3+
CARE A2+
2
47
Himachal Futuristic Communications Limited
CARE A3
CARE A2+
3
48
Himadri Chemicals & Industries Limited
CARE A1+
CARE A2+
2
49
Hindusthan National Glass and Industries Limited
CARE A3
CARE A4
2
50
Ind-Barath Powergencom Limited
CARE A4+
CARE D
2
51
Independent News Service Private Limited
CARE A2
CARE A1
2
52
Jagat Agro Commodities Private Limited
CARE A3
CARE D
3
53
Jay Chemical Industries Limited
CARE A2+
CARE A1+
2
54
Jindal Steel And Power Limited
CARE A2+
CARE A3+
2
55
Jindal Steel And Power Limited
CARE A3+
CARE A4+
2
56
Jindal Steel And Power Limited
CARE A4+
CARE D
2
57
Jogvick Manufacturing & Trading Private Limited
CARE A4+
CARE D
2
58
JSIW Infrastructure Private Limited
CARE A3+
CARE A2+
2
7
Sr. No. Name of the Issuer
Rating prior to revision
Rating post revision
Notch
Difference
59
Krishnapatnam Port Company Limited
CARE A3
CARE A1
4
60
KSM Spinning Mills Limited
CARE A4+
CARE D
2
61
Madhav (Phool Sagar Niwas Shahpura Corridor) Highways Private Limited
CARE A3+ (SO)
CARE A2+
2
62
Madhusala Drinks Private Limited
CARE A4+
CARE D
2
63
Mahi Granites Private Limited
CARE A4
CARE A3
2
64
McNally Bharat Engineering Company Limited
CARE A3+ @
CARE A4+
2
65
McNally Sayaji Engineering Limited
CARE A3 @
CARE A4
2
66
Oswal Extrusion Limited
CARE A3
CARE A4
2
67
P.N. Gadgil and Sons
CARE A3+
CARE A2+
2
68
Passavant Energy and Environment India Private Limited
CARE A1 (SO)
CARE A3+ (SO)
3
69
Patanjali Ayurved Limited
CARE A3+
CARE A1
3
70
Plastene India Limited
CARE A3
CARE A4
2
71
Provogue (India) Limited
CARE A3
CARE D
3
72
Radheyshyam Agrawal
CARE A4
CARE A3
2
73
Radico NV Distilleries Maharashtra Limited
CARE A3+
CARE A1
3
74
Rainbow Papers Limited
CARE A3+
CARE A4+
2
75
Real Strips Limited
CARE A3
CARE A4
2
76
S.E. Power Limited
CARE A3
CARE A4
2
77
S.K.P. Bearing Industries
CARE A4
CARE A3
2
78
Sarda Metal & Alloys Limited
CARE A3+
CARE A4+
2
79
SE Forge Limited
CARE D
CARE A3
3
80
Senthil Papers and Boards Private Limited
CARE A4+
CARE D
2
81
Shendra Green Energy Limited
CARE A2 (SO)
CARE A1 (SO)
2
82
Shiva Cement Limited
CARE A3
CARE A4
2
83
Simplex Engineering & Foundry Works Private Limited
CARE A2
CARE A3
2
84
Sirius Infra Projects Private Limited
CARE A4+
CARE D
2
85
SPC Chetak Tollways Private Limited
CARE A2+ (SO)
CARE A1+ (SO)
2
86
Strata Geosystems India Private Limited
CARE A3+
CARE A2+
2
87
Tara Jewels Limited
CARE A2
CARE A4
4
88
Tata Blue Scope Steel Limited
CARE A2
CARE A1
2
89
TIL Limited
CARE A2+
CARE A3+
2
90
TRF Limited
CARE A1+
CARE A2+
2
91
Tritan Leather Works Private Limited
CARE A3
CARE A4
2
92
Usha Martin Limited
CARE A1
CARE A3+
3
93
Usher Agro Limited
CARE A3+
CARE D
4
94
Uttara Foods and Feeds Private Limited
CARE A2+ (SO)
CARE D
6
95
Uttara Impex Private Limited
CARE A2+ (SO)
CARE A3+ (SO)
2
96
Venkateshwara Hatcheries Private Limited
CARE A2+
CARE A3+
2
97
Venky's India Limited
CARE A2+
CARE A3+
2
98
Walchandnagar Industries Limited
CARE A2
CARE A3
2
99
Welmade Locking Systems Private Limited
CARE A3+
CARE A2+
2
100
Welspun Captive Power Generation Limited
CARE A3+
CARE A2+
2
@ Under Credit Watch
8