Announced Wed, 29 Apr · 18:50 IST
Jindal Hotels non-applicable as Large Corporate; credit rating downgraded
Compliance View source PDF
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
+3.9%1-day move
₹64.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.9+0.8+1.7+1.6+2.3+0.8+2.3-5.3-0.5—
Up moveDown movePending
AI summary
Jindal Hotels has filed its initial disclosure confirming it does not qualify as a Large Corporate under SEBI norms, with outstanding borrowings of Rs. 38.89 Cr as of March 31, 2026. However, the filing reveals a credit rating downgrade: Long Term Bank Loan facilities revised from CRISIL BBB-/Stable to CRISIL BB+/Stable. The Working Capital Term Loan also stands at CRISIL BB+/Stable.
Likely market impact
Routine SEBI compliance filing. However, the downgrade in credit rating from BBB- to BB+ signals weakening creditworthiness, which is negative.