ICRA Press Releases on April 5th

• ICRA upgrades Tata Motors short-term rating to A1+; re-affirms the long-term rating at LA+ and assigns positive outlook
• ICRA upgrades the Short Term Ratings and assigns the positive outlook on Long Term Ratings of Tata Motors Finance Limited
• ICRA revises bank loan rating of Amalgamated Plantation Pvt Ltd
• ICRA assigns LBB and A4 ratings to bank facilities of Mega Vitrified Tiles Private Limited
• ICRA assigns LBB- and A4 ratings to the bank limits of Shree Swastic Sales Corp. Pvt. Ltd.
• ICRA assigns LB+ and A4 rating to the term loan and bank facilities of Archidply Industries Limited
• ICRA reaffirms issuer rating of IrAAA to The Clearing Corporation of India Limited
• ICRA assigns LBBB (Stable)/A2 rating to bank facilities of Endress+Hauser (India) Automation Instrumentation Private Limited
• ICRA reaffirms the ratings assigned to the debt programme of Haldia Petrochemicals Limited
• ICRA withdraws ratings assigned to the PTCs under various Loan Securitisation programmes of ICICI Bank Limited.
• ICRA assigns LA+ and A1+ ratings to bank facilities of Intercontinental Consultants & Technocrats Pvt. Ltd.
• ICRA withdraws ratings assigned to the Senior PTCs issued by IRS Trust – Series I.
• ICRA assigns LBB- ratings to bank facilities of Johnson Jewellers
• ICRA assigns LBB and A4 ratings to bank facilities of Hy-Link Overseas Private Limited; assigns stable outlook
• ICRA reaffirms its LA/ A1 rating to the bank limits of HSIL Limited; assigns stable outlook
• ICRA assigns LB+ and A4 ratings to bank facilities of M/s. Artex Apparels
• ICRA assigns LBBB rating to the bank facilities of BEKEM Infra Projects Private Limited
• ICRA reaffirms the ratings for bank facilities of Hira Power & Steels Ltd
• ICRA assigns LB and A4 ratings to Harrisons Malayalam Limited
• ICRA withdraws ratings assigned to Senior PTC Series A11 backed by loan receivables originated by Reliance Capital Limited.
• ICRA withdraws ratings assigned to Senior PTC Series A2 backed by loan receivables under the ABS programme originated by SREI Equipment Finance Private Limited.
• ICRA assigns LBBB/A2 (Stable) ratings to the bank facilities of SSF Plastics (India) Private Limited
• ICRA assigns LBB and A4 ratings to bank facilities of Sunora Tiles Private Limited
• ICRA assigns LBB+ and A4+ ratings to bank facilities of Specific Ceramics Limited
• ICRA assigns LBBB-/A3 ratings to the enhanced bank facilities of GMR Aviation Private Limited
• ICRA assigns LBB rating to the fund based limits of Unique Punch Systems Private Limited
• ICRA reaffirms LAA- rating and the A1 + rating for the bank facilities of OCL India Limited; the rated amount is enhanced
• ICRA assigns LBBB+/A2+ ratings to the bank lines of SICOM Investments and Finance Limited

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