Zeal Aqua Ltd. has announced rating actions across multiple instruments and agencies, with Infomerics Valuation and Rating Limited, Infomerics, and IVR all issuing revised ratings. Infomerics downgraded the Total Bank Loan Facilities of Rs 226.00 crore to IVR BB+ and migrated it to "Issuer Not Cooperating," also revising the outlook to Negative, alongside downgrading the RBI Short Term to IVR A4+ and migrating it to "Issuer Not Cooperating," while also noting a potential disconnect between the rating and the credit risk profile due to non-cooperation and information availability risk; IVR has assigned ratings including Fund based facilities LT/ST of Rs 198.00, Non-Fund based Facilities ST of Rs 28.00, Term Loan 1 of Rs 2.14, Term Loan 2 of Rs 4.07, GECL 1 of Rs 1.14, GECL 2 of Rs 1.20, GECL 3 of Rs 2.89, GECL 4 of Rs 0.88, GECL 5 of Rs 2.57, GECL 6 of Rs 2.44, GECL 7 of Rs 2.67, Cash credit 1 of Rs 41.60, Cash credit 2 of Rs 41.00, Cash credit 3 of Rs 50.40, Cash credit 4 of Rs 5.00, Bank Guarantee of Rs 3.00, PCFC of Rs 26.00, EPC of Rs 14.00, ILC/FLC 1 of Rs 10.00, ILC/FLC 2 of Rs 15.00, all carrying ratings of BB+ and A4+ respectively, with several instruments now also designated as "Issuer Not Cooperating," while NHB/FIs, RBI, MCA, SEBI, and other agencies have provided N/A ratings for various instruments including External Commercial Borrowings, Certificates of Deposit, Inter Corporate Deposits, and Credit Ratings for Capital Protection Oriented Schemes.