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Standardization of industry classification- Applicability to credit rating agencies
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....Companies etc. 3. In view of the above, the above mentioned industry classification will be applicable to credit rating agencies w.e.f. October 01, 2022. In the meantime, any feedback and suggested changes by credit rating agencies shall be recalibrated by exchanges, wherever feasible. 4. This circular is issued in exercise of the powers conferred by Section 11 (1) of Securities and Exchange Board of India Act, 1992 read with the provisions of Regulation 20 of SEBI (Credit Rating Agencies) Regulations, 1999, to protect the interest of investors in securities and to promote the development of, and to regulate, the securities market. 5. This Circular is available at www.sebi.gov.in under the link "Legal →Circulars". Yours faithfully, Richa G. Agarwal General Manager Market intermediaries Regulation & Supervision Department Email id: [email protected] Phone: +91-22-26449596 ============= Document 1 MEI_Code Macro Economic Indicator INO1 Commodities Annexure A Sect Code Sector IN0101 Chemicals Ind_Code Industry IN010101 Chemicals & Petrochemicals Basic_Ind_Code Basic Industry IN010101001 Commodity Chemicals IN010101002 Specialty Chemicals IN010101003 Carb....
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....ese like ferro alloys, briquette, fly ash bricks etc. Manufacturers and distributor of pig iron Manufacturers and distributor of sponge iron Manufacturers of Iron & steel Mining, processing, manufacturing and distributing the aluminium Producer and distributor of copper Producer and distributor of zinc Mining, manufacturing and distributing precious materials like gold, silver, platinum etc. Includes investment trusts where underlying is gold or similar precious metals Companies engaged in manufacturing and mining of diversified metals Page 2 of 22 MEI_Code Macro Economic Indicator Sect Code Sector Ind_Code Industry IN010304 Minerals & Mining IN010304001 Basic Ind_Code Basic Industry Industrial Minerals IN010305 Metals & Minerals Trading INO10305001 Trading Metals IN010305002 Trading - Minerals IN0104 Forest Materials IN010401 Paper, Forest & Jute Products. IN010401001 Paper & Paper Products IN010401002 Forest Products IN010401003 Jute & Jute Products IN02 Consumer Discretionary IN0201 Automobile and Auto Components IN020101 Automobiles IN020101001 Definition Mining, producing and distributing industrial materials (excluding....
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....s products Manufacturers of electric household appliances like juicers, food processors, microwave ovens etc. Manufacturers and distributors of other household durable products like cookware, cutlery, utensils and consumer specialties not classified otherwise Page 4 of 22 MEI_Code Macro Economic Indicator Sect Code Sector Ind_Code Industry IN0203 Basic_Ind_Code Basic Industry IN020201009 Leather And Leather Products IN020201010 Leisure Products IN020201011 Plastic Products - Consumer IN020201012 Plywood Boards/Laminates. IN020201013 Sanitary Ware IN020201014 Toys IN020201015 Paints IN020201016 Diversified consumer products Textiles IN020301 Textiles & Apparels IN020301001 Garments & Apparels IN020301002 Other Textile Products IN020301003 Trading - Textile Products Definition Manufacturers and distributors of leather products such as belt, leather bags, all types of footwear etc. Manufacturers of leisure products and equipment including sports equipment, toys, gift articles etc. Manufacturers and distributor of plastic products used in house holds such as suitcase, briefcase and other consumer plastic products not covered under 'Ho....
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....d in the production, distribution and screening of television shows, producers and distributors of music and sports teams. It excludes production and distribution of movies which is classified under 'Film Production, Distribution & Exhibition'. Owners of TV channels, includes broadcasting of TV shows and cable TV operators and DTH service providers Companies providing service of commercial printing, publication of books, commercial documents etc, Residential, Commercial Projects Companies engaged in IN020501002 Real Estate related services IN020501003 Real Estate Investment Trusts (REITs) IN0206 Consumer Services IN020601 Leisure Services IN020601001 Hotels & Resorts development and construction of residential/ commercial (offices/shops etc.) properties Companies engaged in providing real estate related services like real estate agents Companies or Trusts engaged in ownership, acquisition, development, management and operation of real estate Owners and operators of hotels, resorts etc. Includes investment trusts where underlying is 'Hotels and Resorts' Page 7 of 22 MEI_Code Macro Economic Indicator Sect Code Sector Ind_Code Industry Bas....
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....ducts or services predominantly through electronic medium such as internet. Companies providing online directory of suppliers and potential buyers for various products/ merchandise Distributors and wholesalers of general merchandise not classified elsewhere Companies engaged in marketing and/ or transportation of gases Producer or supplier of industrial gases Companies engaged in distribution of LPG, CNG, PNG and LNG Companies engaged in the activity of trading in gas Companies engaged in the exploration and production of oil Companies providing offshore drilling services to oil companies Page 9 of 22 MEI_Code Macro Economic Indicator Sect Code Sector Ind_Code Industry Basic_Ind_Code Basic Industry IN030102003 Oil Storage & Transportation IN030102004 Oil Equipment & Services IN030103 Petroleum Products IN030103001 Refineries & Marketing IN030103002 Lubricants IN030104 Consumable Fuels IN030104001 Coal IN04 Fast Moving Consumer Goods IN0401 Fast Moving Consumer Goods IN040101 Agricultural Food & other Products IN040101001 Edible Oil IN040101002 Sugar Definition Companies engaged in providing storage and transportation facility for ....
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....of stationary such as pen, pencil, notebooks etc. Companies engaged into multiple FMCG products, where no single business segment contributes more than 50% of companies' total revenue and two or more segments each contributes at least 20% of total revenue Financial Institutions as defined under Section 4(1) of the Companies Act, 1956 Companies providing loan for buying housing and commercial properties Page 11 of 22 MEI_Code Macro Economic Indicator Sect Code Sector Ind_Code Industry Basic_Ind_Code Basic Industry IN050101003 Investment Company Definition Companies which earn major revenue from interest, capital appreciation from investments made. It does not include rental income which is classified under 'Diversified Commercial Services' IN050101004 Non Banking Financial Company Non Banking Financial Company (NBFC) (NBFC) as may be specified by the Reserve Bank of India (RBI) IN050101005 Other Financial Services IN050101006 Holding Company IN050102 Banks IN050102001 Public Sector Bank IN050102002 Private Sector Bank IN050102003 Other Bank IN050103 Capital Markets IN050103001 Asset Management Company Companies providing financial se....
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....ode Basic Industry IN050105001 Financial Technology (Fintech) IN060101001 Pharmaceuticals IN060101002 Biotechnology Medical Equipment & Supplies Definition Fintechs providing services like banking, payment processing, brokerage, aggregation and distribution of financial products and services Manufacturers and distributors of pharmaceuticals and companies engaged in research & development of pharmaceuticals Companies engaged in the development, manufacturing or marketing and distribution of products based on biotechnology Manufacturers and distributors of medical equipments such as blood pressure monitoring machine, X-Ray machines, MRI scanners, and supplies such as injection needles, syringe, gloves etc. IN060102 Healthcare Equipment & Supplies IN060102001 IN060103 Healthcare Services IN060103001 Hospital IN060103002 Healthcare Service Provider IN060103 003 Owners and operators of health care facilities. It includes hospitals, nursing homes and veterinary hospitals. Includes investment trusts where underlying is 'Hospitals' Owners and operators of diagnostic services such as pathological laboratories, X-Ray and MRI scan centres, etc. ....
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....ol system, fire alarm System, multi-apartment video door phones, video door phones, intruder alarm System, fingerprint locks, and remote managed services etc. IN070204004 Industrial Equipments IN070204005 Railway Wagons IN070204006 Ship Building & Allied Services IN070204007 Industrial Machinery IN070205 Industrial Products IN070205001 Abrasives Manufacturers and distributor of industrial equipment not covered elsewhere Manufacturers of railway wagons and EMU coaches Companies engaged in ship building and providing allied services Manufacturers and distributors of industrial machinery not covered elsewhere Manufactures and distributors of abrasives Page 16 of 22 MEI_Code Macro Economic Indicator Sect Code Sector Ind_Code Industry Page 17 of 22 Basic_Ind_Code Basic Industry IN070205 002 Bearings Definition Manufactures and distributors of bearings. Excludes bearings used for automobiles which are classified as 'Auto Components & Equipments' under Consumer Discretionary IN070205 003 Cables Electricals IN070205 004 Castings & Forgings IN070205005 Compressors & Pumps IN070205 006 Diesel Engines IN070205007 Electrodes IN070205 008 P....
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....conomic Indicator Sect Code Sector Ind_Code IN080103 Industry IT - Hardware Basic Ind_Code Basic Industry IN080103001 Computers Hardware & Equipments IN09 Services IN 0901 Services IN090101 Engineering Services IN090101001 Dredging IN090102 Transport Services IN090102001 Airline IN090102002 Logistics Solution Provider IN090102003 Railways IN090102004 Road Transport IN090102005 Shipping IN090102006 Transport Related Services IN090103 Transport Infrastructure IN090103001 Airport & Airport services IN090103002 Port & Port services Definition Manufactures and distributors of computer hardware and equipments such as personal computers, laptops, servers, motherboards, networking equipments, printers, photo copiers etc. Companies providing dredging and related services Owners and operators of commercial airlines Companies providing logistic services, courier, movers & packers etc. Companies providing passenger or cargo transportation through railways Companies providing passenger or cargo transportation through roads Companies providing passenger or cargo transportation through marine (shipping) Other transport related service ....