| Sr. No. |
Name of the Issuer Company ("IC") |
Default, if any, to pay interest or redemption amount |
Failure to create a charge on the assets
|
Revision of rating assigned to the debentures |
| 1 |
SANGHAVI STEEL LTD. |
Yes, there are defaults - DT filed a Suit before Hon’ble Bombay High Court (being Suit No. 1948 of 2002); Await Decree. |
No failure; Secured |
Not Applicable -Not Rated |
| 2 |
SHREE SYNTHETICS LTD. (In liquidation) |
Yes, there are defaults - IC in liquidation. Official Liquidator attached to Calcutta High Court is liquidating the assets of the IC. |
No failure; Secured |
Not Applicable -Not Rated |
| 3 |
SHRI ISHAR ALLOY STEELS LTD. |
Yes, there are defaults - DT filed a Suit before Hon’ble Bombay High Court (being Suit No. 198 of 2002); Await Decree. |
No failure; Secured |
Not Applicable -Not Rated |
| 4 |
SHRISHMA FINE CHEM LTD. |
Yes, there are defaults - DT filed a Suit before Hon’ble Bombay High Court (being Suit No.1080 of 1999); Await Decree. |
No failure; Secured |
Not Applicable -Not Rated |
| 5 |
SIV INDUSTRIES LIMITED (In liquidation) |
Yes, there are defaults - IC in liquidation. Official Liquidator (“OL”) attached to Madras High Court is liquidating the assets of the IC. |
No failure; Secured |
Not Applicable -Not Rated |
| 6 |
SM DYECHEM LTD. |
Yes, there are defaults - IC has made a reference in terms of the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (“SICA”). |
No failure; Secured |
Not Applicable -Not Rated |
| 7 |
SYNTHETICS & CHEMICALS LTD. |
Yes, there are defaults - DT filed a Suit before Hon’ble Bombay High Court (being Suit No. 3821 of 1999); Await Decree. |
No failure; Secured |
Not Applicable -Not Rated |