ICRA ratings and update for Reliance Home Finance Private Limited, Kotak Mahindra Prime Limited, Premier Explosives Limited, Kashmir Apiaries Exports, Sundaram Brake Linings Limited, Dwarkadhis Projects Private Limited, Jagatjit Industries Limited and Alupro Building Systems Private Limited are release on March 4, 2010

March 4, 2010, New Delhi /IndiaPRLine.com/ The following ICRA Releases are made today:

• ICRA assigns highest credit quality rating to Reliance Home Finance Private Limited’s short term debt programme
• ICRA assigns conditional ratings to the Pass Through Certificates under loan securitisation programme of Kotak Mahindra Prime Limited.
• ICRA re-affirms LBBB/A3+ ratings to bank facilities of Premier Explosives Limited; assigns positive outlook
• ICRA assigns a LB+ rating to the bank facilities of Kashmir Apiaries Exports
• ICRA reaffirms the LA- rating for bank facilities of Sundaram Brake Linings Limited; revises the short-term rating from A2+ to A1
• ICRA assigns LBB- and A4 ratings to bank facilities of Dwarkadhis Projects Private Limited
• ICRA revises the ratings for bank facilities of Jagatjit Industries Limited, assigns negative outlook; ICRA reaffirms MA- rating to the fixed deposit programme
• ICRA assigns LBBB- and A3 ratings to the bank facilities of Alupro Building Systems Private Limited

Contact ICRA

ICRA Limited
(An Associate of Moody’s Investors Service)
Building No. 8, 2nd Floor, Tower A
DLF Cyber City, Phase II
Gurgaon 122002
Tel + (91 124) 4545300, 4545800
Fax+(91 124) 4545350/4545850