ICRA ratings for Indian debt instruments-Jan 1

Last Updated: Mon, Jan 01, 2018 16:20 hrs

Jan 1 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of December 29, 2017. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Banas Stones Pvt Ltd ST FB ICRA A4 6.5 - Review process is underway Taurus Packaging Pvt Ltd NFBL ICRA A4 15 Issuer Not Cooperating Taurus Powertronics Pvt. Ltd BG ICRA A4 70 - Issuer delayed in giving information Taurus Powertronics Pvt. Ltd Unallocated ICRA A4 30 - LONG TERM RATINGS: ------------------- Review process is underway Banas Stones Pvt Ltd LT FB CC ICRA BB- 55 - Review process is underway Banas Stones Pvt Ltd LT FB TL ICRA BB- 12.5 - Review process is underway Kbr Agro Industries Fund Based- CC ICRA B 80 Issuer Not Cooperating Kbr Agro Industries Fund Based- TL ICRA B 20 Issuer Not Cooperating Ravindra Energy Ltd Bk loan Ratings ICRA B-/ 293 - ICRA A4 Review process is underway Surana Solar Ltd (Surana Bk loan Ratings ICRA BB+/ 800 Issuer Not Ventures Ltd) ICRA A4+ Cooperating Taurus Packaging Pvt Ltd Fund Based- CC ICRA BB 65 Issuer Not Cooperating Taurus Packaging Pvt Ltd Fund Based- TL ICRA BB 16 Issuer Not Cooperating Taurus Packaging Pvt Ltd Unallocated Limits ICRA BB /A4 4 Issuer Not Cooperating Taurus Powertronics Pvt. Ltd CC ICRA B+ 20 - Issuer delayed in giving information -------------------------------------------------------------------------------------------- $: Rating watch with positive implication #: Rating Watch with Developing implications @: Rating Watch with Negative Implications %: Rating under Credit Watch wd -Rating Stands Withdrawn sp -Rating Suspended pp -Principal Protected pn -Principal Not Protected ICRA may apply + or - signs for ratings to reflect a comparative standing within the category. BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) - Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture; PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional; PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures. (Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at rru.data@thomsonreuters.com)



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