Spinora Tiles Private Limited

Instrument Category
Long Term Fund Based Bank Facility - Cash Credit
as on Apr 22, 2024
Ratings
IVR B- (ISSUER NOT COOPERATING*) - Downgraded
Outlook
Negative
Instrument Amount
Rs. 5.00 Cr.
Instrument Category
Long Term Fund Based Bank Facility - Term Loan
as on Apr 22, 2024
Ratings
IVR B- (ISSUER NOT COOPERATING*) - Downgraded
Outlook
Negative
Instrument Amount
Rs. 8.54 Cr.
Instrument Category
Short Term Non-Fund Based Bank Facilities- Bank Guarantee
as on Apr 22, 2024
Ratings
IVR A4 (ISSUER NOT COOPERATING*) - Reaffirmed
Outlook
Nil
Instrument Amount
Rs. 1.75 Cr.

Rating Rationale