a) Long-term loans for Rs 150 crore - "IND AA-/Stable", upgraded; b) Fund-based working capital limits (Long-term and Short term) for Rs 202 crore - "IND AA-/Stable/IND A 1+", Long-term rating upgraded; short-term rating affirmed; c) Non Fund- based working capital limits (Long-term and Short term) for Rs 30 crore - "INO AA-/Stable/IND A1+", Long-term rating upgraded; short-term rating affirmed.