Unaccepted Ratings

List of Unaccepted Ratings (As on 02-February-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
Ganges Bulk Terminal Private Limited
Transportation and storage
Bank Facilities
5400.00
30 Sep 2025
Unlisted
CARE BBB+; Stable / CARE A2
Yes
01 Jan 2026
CARE BBB+; Stable / CARE A2
No
NA
Chidu Infratech Private Limited
Construction
Bank Facilities
250.00
28 Sep 2025
Unlisted
CARE BB+; Stable
Saizar Enterprise Private Limited
Transportation and storage
Bank Facilities
1600.00
28 Sep 2025
Unlisted
CARE BB+; Stable / CARE A4+
Saptam Decore Private Limited
Particles Boards
Bank Facilities
1194.80
28 Sep 2025
Unlisted
CARE BB; Stable / CARE A4
Yes
18 Dec 2025
CARE BB; Stable / CARE A4
No
NA
Virola International
Leather and related products
Bank Facilities
500.00
28 Sep 2025
Unlisted
CARE BB+; Stable / CARE A4+
Analogics Tech India Limited
Electronics - Industrial
Bank Facilities
650.00
27 Sep 2025
Unlisted
CARE BB; Stable / CARE A4
Renergo Developers Private Limited
Construction
Bank Facilities
100.00
27 Sep 2025
Unlisted
CARE BB+; Stable / CARE A4+
Rishabh Metals & Chemicals Private Limited
Chemicals and chemical products
Bank Facilities
300.00
27 Sep 2025
Unlisted
CARE BBB+; Stable
Yes
30 Dec 2025
CARE BBB+; Stable
No
NA
Shukun Builders Private Limited
Diversified
Bank Facilities
250.00
27 Sep 2025
Unlisted
CARE BB+; Stable / CARE A4+
Siddharth Carbochem Products Limited
Chemicals and chemical products
Bank Facilities
420.00
27 Sep 2025
Unlisted
CARE BBB+; Stable / CARE A2
Yes
30 Dec 2025
CARE BBB+; Stable / CARE A2
No
NA
Triveni Conductors Limited
Electrical Equipment
Bank Facilities
550.00
25 Sep 2025
Unlisted
CARE BB+; Stable / CARE A4+
Aurum Realestate Developers Limited
Real Estate activites
Bank Facilities
5083.00
25 Sep 2025
Unlisted
CARE BBB+; Stable
Hindupur Steel And Alloys Private Limited
Iron and Steel
Bank Facilities
1291.70
21 Sep 2025
Unlisted
CARE BBB; Stable
Meenu Paper Mills Private Limited
Paper and paper products
Bank Facilities
900.00
21 Sep 2025
Unlisted
CARE BB-; Stable / CARE A4
Naseeb Construction Company
Construction
Bank Facilities
290.00
21 Sep 2025
Unlisted
CARE BB-; Stable / CARE A4
Yes
22 Oct 2025
CARE BB-; Stable / CARE A4
No
NA