Unaccepted Ratings

List of Unaccepted Ratings (As on 02-April-2026)

Name of issuer
Sector
Name/type of instrument
Size (Rs. Million )
Date of Non- acceptance
Listing Status
Rating and outlook
Provisional Step And Document
Whether The Rating Was Accepted By The Issuer,Subse Quent To The Non Accepted Ratings Disclosure? (Yes/No)
Date Of Subsequent Acceptance Of Final Rating Assigned
Final Rating Accepted By Issuer
Whether The Issuer Requested For A Review/Appeal Subsequent To Disclosure Of Unaccepted Rating?
Whether Review/Appeal Of The Disclosed UnAccepted Rating Was Granted By CRA
Sanmit Infra Limited
Construction
Bank Facilities
270.00
08 Jan 2026
Listed
CARE BB+; Stable / CARE A4+
The Ookal Farmers Service Cooperative Society Limited
Other Financial companies
Bank Facilities
350.00
07 Jan 2026
Unlisted
CARE D
REFYNE FINANCE PRIVATE LIMITED
Financial Institution
Bank Facilities
1000.00
04 Jan 2026
Unlisted
CARE BBB; Positive
ADVAITHA SUGARS PRIVATE LIMITED
Sugar
Bank Facilities
1300.00
27 Dec 2025
Unlisted
CARE BB-; Stable
Avanti Finance Private Limited
Investment and Credit Companies (ICC)
Commercial Paper (Standalone)
1000.00
27 Dec 2025
Unlisted
CARE A3
BMW Ventures Limited
Marbles & Tiles
Bank Facilities
3750.00
27 Dec 2025
LISTED
CARE BBB+; Stable
Eros Gypsum LLP
Marbles & Tiles
Bank Facilities
770.00
27 Dec 2025
Unlisted
CARE BB-; Stable / CARE A4
Yes
18 Jan 2026
CARE BB-; Stable / CARE A4
No
NA
Flying Trade (India) Private Limited
Food and food products
Bank Facilities
50.00
27 Dec 2025
Unlisted
CARE BB+; Stable / CARE A4+
Kukru Wind Power Private Limited
Electricity - Generation
Bank Facilities
1750.00
27 Dec 2025
Unlisted
CARE BB+; Stable
MSRT INDUSTRIES PRIVATE LIMITED
Beverages
Bank Facilities
850.00
27 Dec 2025
Unlisted
CARE BB; Stable
Shivam Metals
Other manufacturing
Bank Facilities
450.00
27 Dec 2025
Unlisted
CARE BB; Stable / CARE A4
Shree Mahasagar Impex Private Limited
Agriculture, forestry and fishing
Bank Facilities
1040.00
27 Dec 2025
Unlisted
CARE BB+; Stable / CARE A4+
Shriram Life insurance Company Limited
Life Insurance Companies
Subordinate Debt
900.00
27 Dec 2025
Unlisted
CARE A+; Stable
Sree Annapoorna Sree Gowrishankar Hotels Private Limited
Hospitality
Bank Facilities
1000.00
27 Dec 2025
Unlisted
CARE BBB; Stable / CARE A3+
Entremonde Polycoaters Limited
Textiles
Bank Facilities
1600.00
26 Dec 2025
Unlisted
CARE BB+; Stable / CARE A4+