Announced Tue, 6 Oct, 2026 · 17:48 IST
Credit rating downgraded to IVR B Negative; issuer not cooperating
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
-10.0%1-day move
₹69.44
prior close
₹68.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6+0.4+2.1+1.5-10.0—————————
Up moveDown movePending
AI summary
Infomerics has downgraded Kings Infra's long-term bank facility rating to IVR B with Negative outlook and placed it under issuer not cooperating due to non-submission of No Default Statements. Short-term rating IVR A4 was reaffirmed but also carries the same tag. Total bank facilities rated stand at Rs 17.13 crore and several NCDs also received the same downgraded rating. The action signals limited information available with the rating agency about the company.
Likely market impact
Signals financial stress and poor disclosure. May raise borrowing costs and dent lender and investor confidence.