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Company Name	Previous Long Term Rating	Previous Short Term Rating	Previous Outlook	Current Long Term Rating	Current Short Term Rating	Current Outlook
Juniper Green Sigma Private Limited	CRISIL AA-		Stable	CRISIL AA		Stable
Gawar Kiratpur Nerchowk Highway Private Limited	CRISIL AA-		Positive	CRISIL AAA		Stable
Welspun Aunta-Simaria Project Private Limited	CRISIL A-		Stable	CRISIL A		Stable
GMR Hyderabad International Airport Limited	CRISIL AA		Positive	CRISIL AA+		Stable
GMR Hyderabad Aerotropolis Limited	CRISIL AA		Positive	CRISIL AA+		Stable
PVR INOX Limited	CRISIL AA-/CRISIL PPMLDAA-	CRISIL A1+	Positive	CRISIL AA/CRISIL PPMLDAA	CRISIL A1+	Stable
GMR Goa International Airport Limited	CRISIL BBB+/CRISIL PPMLD BBB+		Stable	CRISIL A-/CRISIL PPMLD A-		Stable
Happy Forgings Limited	CRISIL AA-		Stable	CRISIL AA		Stable

Company Name	Previous Long Term Rating	Previous Short Term Rating	Previous Outlook	Current Long Term Rating	Current Short Term Rating	Current Outlook
Meghmani Organics Limited	CRISIL AA-	CRISIL A1+	Negative	CRISIL A+	CRISIL A1	Negative
Ashish Chemicals	CRISIL A+	CRISIL A1	Stable	CRISIL A	CRISIL A1	Stable
Meghmani LLP	CRISIL A+	CRISIL A1	Stable	CRISIL A	CRISIL A1	Stable
Meghmani Pigments	CRISIL A+		Stable	CRISIL A		Stable

Company Name	Previous Long Term Rating	Previous Short Term Rating	Previous Outlook	Current Long Term Rating	Current Short Term Rating	Current Outlook
Tata Motors Finance Limited	CRISIL AA/CRISIL A+	CRISIL A1+	Stable	CRISIL AA/CRISIL A+	CRISIL A1+	Positive
Tata Motors Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Positive
Tata Motors Passenger Vehicles Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Positive
TMF Business Services Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Positive
TMF Holdings Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Positive
Seeds Fincap Private Limited	CRISIL BB+		Stable	CRISIL BB+		Positive
Mutual Automotive Private Limited	CRISIL A	CRISIL A1	Stable	CRISIL A	CRISIL A1	Negative
Pallazzio Hotels and Leisure Limited	CRISIL A		Stable	CRISIL A		Positive
Phoenix Mills Limited	CRISIL AA-		Stable	CRISIL AA-		Positive
Upal Developers Private Limited	CRISIL A		Stable	CRISIL A		Positive
Kabra Extrusiontechnik Limited	CRISIL A+	CRISIL A1	Stable	CRISIL A+	CRISIL A1	Negative
S P Singla Constructions Private Limited	CRISIL A+	CRISIL A1	Watch Developing	CRISIL A+	CRISIL A1	Stable
Sterlite Technologies Limited	CRISIL AA		Watch Developing	CRISIL AA		Watch Negative
Man Industries India Limited	CRISIL A	CRISIL A1	Watch Developing	CRISIL A	CRISIL A1	Stable
Acme Solar Holdings Private Limited		CRISIL A1			CRISIL A1	Watch Developing
Acme Cleantech Solutions Private Limited	CRISIL A	CRISIL A1	Negative	CRISIL A	CRISIL A1	Watch Developing
Dayakara Solar Power Private Limited	CRISIL BBB+		Stable	CRISIL BBB+		Watch Developing
Devishi Renewable Energy Private Limited	CRISIL BBB		Positive	CRISIL BBB		Watch Developing
Devishi Solar Power Private Limited	CRISIL BBB		Positive	CRISIL BBB		Watch Developing
Eminent Solar Power Private Limited	CRISIL BBB+		Stable	CRISIL BBB+		Watch Developing
Grahati Solar Energy Private Limited	CRISIL BBB+		Stable	CRISIL BBB+		Watch Developing
Mihit Solar Power Private Limited	CRISIL A-		Stable	CRISIL A-		Watch Developing
Sunworld Energy Private Limited	CRISIL BBB		Stable	CRISIL BBB		Watch Developing
Angel One Limited	CRISIL AA-/CRISIL PPMLDAA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Positive

Company Name	Previous Long Term Rating	Previous Short Term Rating	Previous Outlook	Current Long Term Rating	Current Short Term Rating	Current Outlook
Larsen and Toubro Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Satpura Transco Private Limited	CRISIL AA+		Stable	CRISIL AA+		Stable
Asirvad Microfinance Limited	CRISIL AA- /CRISIL PPMLD AA-	CRISIL A1+	Stable	CRISIL AA- /CRISIL PPMLD AA-	CRISIL A1+	Stable
India Infrastructure Trust	CRISIL AAA		Stable	CRISIL AAA		Stable
Indian Oil Corporation Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Oil India Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Petronet LNG Limited	CRISIL AAA		Stable	CRISIL AAA		Stable
Sterlite Power Transmission Limited	CRISIL A	CRISIL A1	Watch Developing	CRISIL A	CRISIL A1	Watch Developing
Time Technoplast Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
Kisetsu Saison Finance India Private Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Muthoot Housing Finance Company Limited	CRISIL A+		Stable	CRISIL A+		Stable
Economic Explosives Limited	CRISIL AA+	CRISIL A1+	Stable	CRISIL AA+	CRISIL A1+	Stable
SEIL Energy India Limited	CRISIL AA+	CRISIL A1+	Stable	CRISIL AA+	CRISIL A1+	Stable
Bothe Windfarm Development Private Limited	CRISIL A+		Stable	CRISIL A+		Stable
DJ Energy Private Limited	CRISIL A+		Stable	CRISIL A+		Stable
Lotus Greens Constructions Private Limited	CRISIL D INC			CRISIL D INC
Power Grid Corporation of India Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Renewables Trinethra Private Limited	CRISIL A+		Stable	CRISIL A+		Stable
Trinethra Wind And Hydro Power Private Limited	CRISIL A+		Stable	CRISIL A+		Stable
Uttar Urja Projects Private Limited	CRISIL A+		Stable	CRISIL A+		Stable
Watsun Infrabuild Private Limited	CRISIL A+		Stable	CRISIL A+		Stable
Asahi India Glass Limited	CRISIL A+	CRISIL A1	Stable	CRISIL A+	CRISIL A1	Stable
Bajel Projects Limited	CRISIL A	CRISIL A1	Stable	CRISIL A	CRISIL A1	Stable
Aditya Birla Money Limited		CRISIL A1+			CRISIL A1+
Emcure Pharmaceuticals Limited	CRISIL A+	CRISIL A1	Stable	CRISIL A+	CRISIL A1	Stable
Gennova Biopharmaceuticals Limited	CRISIL A+	CRISIL A1	Stable	CRISIL A+	CRISIL A1	Stable
Godrej Industries Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Jawaharlal Nehru Port Authority	CRISIL AAA		Stable	CRISIL AAA		Stable
Larsen and Toubro Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Quality Care India Limited	CRISIL A+	CRISIL A1+	Watch Developing	CRISIL A+	CRISIL A1+	Watch Developing
R.V.R. Projects Private Limited	CRISIL A	CRISIL A1	Positive	CRISIL A	CRISIL A1	Positive
Rajesh Housing Private Limited	CRISIL D INC			CRISIL D INC
Thomas Cook India Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
Torrent Power Limited	CRISIL AA+	CRISIL A1+	Stable	CRISIL AA+	CRISIL A1+	Stable
Zuventus Healthcare Limited	CRISIL A+	CRISIL A1	Stable	CRISIL A+	CRISIL A1	Stable
Tarapur Transformers Limited	CRISIL D INC	CRISIL D INC		CRISIL D INC	CRISIL D INC
National Housing Bank	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Satya Microcapital Limited	CRISIL BBB+		Stable	CRISIL BBB+		Stable
Shriram Finance Limited	CRISIL AA+ /CRISIL PPMLD AA+	CRISIL A1+	Stable	CRISIL AA+ /CRISIL PPMLD AA+	CRISIL A1+	Stable
Balrampur Chini Mills Limited	CRISIL AA+	CRISIL A1+	Stable	CRISIL AA+	CRISIL A1+	Stable
Yes Securities (India) Limited		CRISIL A1+			CRISIL A1+
Ashoka Sambalpur Baragarh Tollway Limited	CRISIL AA- (CE)		Stable	CRISIL AA- (CE)		Stable
DME Development Limited	CRISIL AAA		Stable	CRISIL AAA		Stable
India Grid Trust	CRISIL AAA		Stable	CRISIL AAA		Stable
Indian Oil Corporation Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Island Star Mall Developers Private Limited	CRISIL A+		Stable	CRISIL A+		Stable
Vamona Developers Private Limited	CRISIL A+		Stable	CRISIL A+		Stable
TCI Sanmar Chemicals S.A.E (TCI Sanmar)	CRISIL BBB-	CRISIL A3	Stable	CRISIL BBB-	CRISIL A3	Stable
Belstar Microfinance Limited	CRISIL AA /CRISIL PPMLD AA		Stable	CRISIL AA /CRISIL PPMLD AA		Stable
IIFL Finance Limited	CRISIL AA /CRISIL PPMLD AA	CRISIL A1+	Positive	CRISIL AA /CRISIL PPMLD AA	CRISIL A1+	Positive
IIFL Home Finance Limited	CRISIL AA /CRISIL PPMLD AA	CRISIL A1+	Positive	CRISIL AA /CRISIL PPMLD AA	CRISIL A1+	Positive
J. M. Financial and Investment Consultancy Services Private Limited		CRISIL A1+			CRISIL A1+
JM Financial Properties And Holdings Limited		CRISIL A1+			CRISIL A1+
JM Financial Services Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Motilal Oswal Financial Services Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Nuvama Wealth and Investment Limited	CRISIL AA- /CRISIL PPMLD AA-	CRISIL A1+ /CRISIL PPMLD A1+	Stable	CRISIL AA- /CRISIL PPMLD AA-	CRISIL A1+ /CRISIL PPMLD A1+	Stable
Canal Solar Energy Private Limited	CRISIL AA		Stable	CRISIL AA		Stable
Laxjeet Renewable Energy Private Limited	CRISIL AA		Stable	CRISIL AA		Stable
Sunfree Paschim Renewable Energy Private Limited	CRISIL AA		Stable	CRISIL AA		Stable
IndoStar Capital Finance Limited	CRISIL AA-	CRISIL A1+	Negative	CRISIL AA-	CRISIL A1+	Negative
Svatantra Microfin Private Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
Luminous Power Technologies Private Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Raymond Limited	CRISIL AA /CRISIL AA-	CRISIL A1+	Stable/Watch Developing	CRISIL AA /CRISIL AA-	CRISIL A1+	Stable/Watch Developing
Universal Biomass Energy Private Limited	CRISIL AA		Stable	CRISIL AA		Stable
Vadodara Municipal Corporation	Provisional CRISIL AA /CRISIL AA		Stable	Provisional CRISIL AA /CRISIL AA		Stable
South East U. P. Power Transmission Company Limited	CRISIL A-	CRISIL A2+	Stable	CRISIL A-	CRISIL A2+	Stable
Manappuram Home Finance Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
Mahaveer Finance India Limited	CRISIL BBB		Stable	CRISIL BBB		Stable
Andhra Pradesh Capital Region Development Authority	CRISIL BB+ (CE)		Watch Negative	CRISIL BB+ (CE)		Watch Negative
Hero FinCorp Limited	CRISIL AA+ /CRISIL PPMLD AA+	CRISIL A1+	Stable	CRISIL AA+ /CRISIL PPMLD AA+	CRISIL A1+	Stable
Hero Housing Finance Limited	CRISIL AA+ /CRISIL PPMLD AA+	CRISIL A1+	Stable	CRISIL AA+ /CRISIL PPMLD AA+	CRISIL A1+	Stable
IFFCO Kisan Finance Limited	CRISIL AA-		Stable	CRISIL AA-		Stable
SDB Infrastructure Private Limited		CRISIL A4 INC			CRISIL A4 INC
Coromandel International Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Haldiram Snacks Private Limited	CRISIL AA+	CRISIL A1+	Watch Developing	CRISIL AA+	CRISIL A1+	Watch Developing
Siemens Limited	CRISIL AAA		Stable	CRISIL AAA		Stable
Soma Indus Varanasi Aurangabad Tollway Private Limited	CRISIL BBB-		Watch Positive	CRISIL BBB-		Watch Positive
Schreiber Dynamix Dairies Private Limited	CRISIL AA-		Stable	CRISIL AA-		Stable
TJSB Sahakari Bank Limited		CRISIL A1			CRISIL A1
Sundaram-Clayton Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
TVS Credit Services Limited	CRISIL AA /CRISIL AA-	CRISIL A1+	Stable	CRISIL AA /CRISIL AA-	CRISIL A1+	Stable
Ugro Capital Limited	CRISIL A- /CRISIL PPMLD A-	CRISIL A1	Positive	CRISIL A- /CRISIL PPMLD A-	CRISIL A1	Positive
Aryan Energy Private Limited	CRISIL BB	CRISIL A4+	Stable	CRISIL BB	CRISIL A4+	Stable
Titan Company Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
HDFC Credila Financial Services Limited	CRISIL AAA	CRISIL A1+	Watch Negative	CRISIL AAA	CRISIL A1+	Watch Negative
Manappuram Home Finance Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
Navneet Education Limited		CRISIL A1+			CRISIL A1+
Godrej Finance Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Kotak Alternate Asset Managers Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Adani Electricity Mumbai Limited	CRISIL AA+		Stable	CRISIL AA+		Stable
Glenmark Pharmaceuticals Limited	CRISIL AA-	CRISIL A1+	Watch Positive	CRISIL AA-	CRISIL A1+	Watch Positive
SUN Petrochemicals Private Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Julius Baer Capital India Private Limited	CRISIL AA+ /CRISIL PPMLD AA+	CRISIL A1+	Stable	CRISIL AA+ /CRISIL PPMLD AA+	CRISIL A1+	Stable
Muthoot Vehicle and Asset Finance Limited	CRISIL A		Stable	CRISIL A		Stable
Rupeek Capital Private Limited	CRISIL BBB-	CRISIL A3	Stable	CRISIL BBB-	CRISIL A3	Stable
Svatantra Microfin Private Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
Magma HDI General Insurance Company Limited	CRISIL AA		Stable	CRISIL AA		Stable
Navi Finserv Limited	CRISIL A	CRISIL A1	Stable	CRISIL A	CRISIL A1	Stable
Parekh Polymer Distributors LLP	CRISIL BBB	CRISIL A3+	Stable	CRISIL BBB	CRISIL A3+	Stable
Century Textiles and Industries Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Essel Mining and Industries Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
Evita Constructions Private Limited	CRISIL BBB		Stable	CRISIL BBB		Stable
Indus Towers Limited	CRISIL AA+	CRISIL A1+	Stable	CRISIL AA+	CRISIL A1+	Stable
Persipina Developers Private Limited	CRISIL BBB+		Stable	CRISIL BBB+		Stable
Export Import Bank of India	CRISIL AAA /CRISIL AA+	CRISIL A1+	Stable	CRISIL AAA /CRISIL AA+	CRISIL A1+	Stable
Manappuram Finance Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Toyota Financial Services India Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Keertana Finserv Private Limited	CRISIL BBB		Stable	CRISIL BBB		Stable
Pipeline Infrastructure Limited	CRISIL AAA		Stable	CRISIL AAA		Stable
Transrail Lighting Limited	CRISIL A	CRISIL A1	Positive	CRISIL A	CRISIL A1	Positive
VVF India Limited	CRISIL D INC	CRISIL D INC		CRISIL D INC	CRISIL D INC
Bioworld Merchandising India Private Limited	CRISIL B INC		Stable	CRISIL B INC		Stable
Gujarat Pipavav Port Limited	CRISIL AA-	CRISIL A1+	Stable		CRISIL A1+
The Automotive Research Association of India		CRISIL A4 INC			CRISIL A4 INC
ARKA Fincap Limited	CRISIL AA- /CRISIL PPMLD AA-	CRISIL A1+	Positive	CRISIL AA- /CRISIL PPMLD AA-	CRISIL A1+	Positive
Agilus Diagnostics Limited	CRISIL AA		Stable	CRISIL AA		Stable
Balrampur Chini Mills Limited	CRISIL AA+	CRISIL A1+	Stable	CRISIL AA+	CRISIL A1+	Stable
Bharat Sanchar Nigam Limited	CRISIL AAA (CE)		Stable	CRISIL AAA (CE)		Stable
DLF Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Fortis Healthcare Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Kamarajar Port Limited	CRISIL AA		Stable	CRISIL AA		Stable
Kribhco Fertilizers Limited	CRISIL AA	CRISIL A1+	Stable	CRISIL AA	CRISIL A1+	Stable
Unishire Urbanscape Private Limited	CRISIL D INC			CRISIL D INC
Nido Home Finance Limited	CRISIL A+	CRISIL A1+	Stable	CRISIL A+	CRISIL A1+	Stable
Astra Microwave Products Limited	CRISIL A	CRISIL A1	Stable	CRISIL A	CRISIL A1	Stable
Bharat Petroleum Corporation Limited	CRISIL AAA	CRISIL A1+	Stable	CRISIL AAA	CRISIL A1+	Stable
Entertainment Network (India) Limited	CRISIL AA+	CRISIL A1+	Stable	CRISIL AA+	CRISIL A1+	Stable
Hindupur Solar Park Private Limited	CRISIL AA+		Stable	CRISIL AA+		Stable
JBM Electric Vehicles Private Limited	CRISIL A (CE)		Stable	CRISIL A (CE)/CRISIL A-		Stable
Mahabubnagar Solar Parks Private Limited	CRISIL AA+		Stable	CRISIL AA+		Stable
Mindspace Business Parks REIT (Mindspace REIT)	CRISIL AAA /CRISIL PPMLD AAA	CRISIL A1+	Stable	CRISIL AAA /CRISIL PPMLD AAA	CRISIL A1+	Stable
Mishra Dhatu Nigam Limited	CRISIL AA-	CRISIL A1+	Stable	CRISIL AA-	CRISIL A1+	Stable
Polepally Solar Parks Private Limited	CRISIL AA+		Stable	CRISIL AA+		Stable
S.B.G. Software Private Limited	CRISIL A+		Watch Positive	CRISIL A+		Watch Positive
Vector Green Sunshine Private Limited	CRISIL AA+		Stable	CRISIL AA+		Stable
Vector Green Surya Urja Private Limited	CRISIL AA+		Stable	CRISIL AA+		Stable
Winsol Solar Fields (Polepally) Private Limited	CRISIL AA+		Stable	CRISIL AA+		Stable
Cholamandalam Investment and Finance Company Limited		CRISIL A1+			CRISIL A1+
ECAP Equities Limited	CRISIL A+ /CRISIL PPMLD A+	CRISIL A1+	Stable	CRISIL A+ /CRISIL PPMLD A+	CRISIL A1+	Stable
IIFL Finance Limited	CRISIL AA /CRISIL PPMLD AA	CRISIL A1+	Positive	CRISIL AA /CRISIL AA- /CRISIL PPMLD AA	CRISIL A1+	Positive
IIFL Home Finance Limited	CRISIL AA /CRISIL PPMLD AA	CRISIL A1+	Positive	CRISIL AA /CRISIL PPMLD AA	CRISIL A1+	Positive
Muthoot Capital Services Limited	CRISIL A+ /CRISIL PPMLD A+	CRISIL A1+	Stable	CRISIL A+ /CRISIL PPMLD A+	CRISIL A1+	Stable
The Mysore Paper Mills Limited	CRISIL D INC	CRISIL D INC		CRISIL D INC	CRISIL D INC
Ahmedabad Municipal Corporation	Provisional CRISIL AA+ /CRISIL AA+		Stable	CRISIL AA+		Stable
Dedicated Freight Corridor Corporation of India Limited	CRISIL AAA		Stable	CRISIL AAA		Stable
KNR Tirumala Infra Private Limited	CRISIL AAA		Stable	CRISIL AAA		Stable
IIFL Samasta Finance Limited	CRISIL AA- /CRISIL PPMLD AA-	CRISIL A1+	Positive	CRISIL AA- /CRISIL PPMLD AA-	CRISIL A1+	Positive

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