Announced Tue, 16 Jun · 14:31 IST
Credit rating downgraded to IVR C amid ongoing CIRP proceedings
DPSCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹7.67
prior close
₹7.68
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-0.1-0.1+0.0-0.7-0.9+0.4-0.4-2.3-2.2-2.2——
Up moveDown movePending
AI summary
India Power Corporation (formerly DPSC) is under Corporate Insolvency Resolution Process (CIRP) following NCLT Hyderabad order on May 15, 2026, with an IRP appointed. Infomerics has downgraded the long-term rating from IVR B- to IVR C, both with Negative Implications, citing delays in meeting debt service obligations, CIRP admission, and transfer of management to the IRP. Short-term rating IVR A4 was reaffirmed under watch. Total bank loan facilities stand at Rs. 50.74 Crore.
Likely market impact
Very negative: company in insolvency, rating in junk grade. Shareholders face high risk of value erosion, dilution, or total loss.