Unaccepted Ratings

List of Unaccepted Ratings (As on 27-March-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
Greta Energy Limited
Iron and Steel
Bank Facilities
350.00
25 Oct 2025
Unlisted
CARE BB; Stable / CARE A4
Laxyo Limited
Construction
Bank Facilities
600.00
25 Oct 2025
Unlisted
CARE BBB; Stable / CARE A3+
Yes
13 Nov 2025
CARE BBB; Stable / CARE A3+
No
NA
SAINIK INFRATEC PRIVATE LIMITED
Mineral Mining
Bank Facilities
600.00
24 Oct 2025
Unlisted
CARE BB; Stable
Shiva Shakti Industries-Ludhiana
Wholesale and retail trade
Bank Facilities
854.70
24 Oct 2025
Unlisted
CARE BB; Stable / CARE A4
Patnaik Steel International Limited
Wholesale and retail trade
Bank Facilities
1200.00
24 Oct 2025
Unlisted
CARE BB+; Stable / CARE A4+
RAJSHREE FINE CHEMICAL INDUSTRIES INDIA PRIVATE LIMITED
Other manufacturing
Bank Facilities
7000.00
24 Oct 2025
Unlisted
CARE BB+; Stable
Pieco India Engineering Company Private Limited
Repair and installation of machinery and equipment
Issuer Rating
.00
23 Oct 2025
Unlisted
CARE BBB-; Stable / CARE A3
VK PACKAGING PRIVATE LIMITED
Other manufacturing
Bank Facilities
980.00
23 Oct 2025
Unlisted
CARE D / CARE D
Arfin India Limited
Non ferrous Metals
Bank Facilities
650.00
23 Oct 2025
Listed
CARE BBB; Stable / CARE A3+
Rimjhim Transport Company
Transportation and storage
Bank Facilities
700.00
22 Oct 2025
Unlisted
CARE B+; Stable
A C Shaikh Contractor
Construction
Bank Facilities
500.00
21 Oct 2025
Unlisted
CARE BB; Stable / CARE A4
BCC Buildtech Limited
Construction
Bank Facilities
370.00
18 Oct 2025
Unlisted
CARE BB+; Stable / CARE A4+
Brilyant IT Solutions Private Limited
Wholesale and retail trade
Bank Facilities
540.00
18 Oct 2025
Unlisted
CARE BB+; Stable / CARE A4+
Nani Resorts and Floriculture Private Limited
Real Estate activites
Bank Facilities
750.00
18 Oct 2025
Unlisted
CARE BB+; Stable / CARE A4+
Yes
12 Nov 2025
CARE BB+; Stable / CARE A4+
No
NA
S S Builders
Construction
Bank Facilities
1360.00
18 Oct 2025
Unlisted
CARE BB+; Stable / CARE A4+
Yes
18 Dec 2025
CARE BB+; Stable / CARE A4+
No
NA