Announced Wed, 10 Jun, 2026 · 03:58 IST
Pakka Limited credit rating cut to BB+ over non-cooperation
PAKKA · 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
-4.3%1-day move
₹81.48
prior close
₹81.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.4+0.7+0.6-4.3-2.9-1.8+1.8+1.5-1.1-1.2-8.0-12.5-6.2
Up moveDown movePending
AI summary
CareEdge (CARE) downgraded Pakka Limited credit ratings on June 9, 2026. Long-term bank facilities of Rs 618.42 crore were cut from BBB- Negative to BB+ Stable, and short-term facilities of Rs 12.52 crore from A3 to A4+. Both now carry an Issuer Not Cooperating tag because the company did not share information for rating review. Pakka says it had already asked CARE to withdraw the rating and that there has been no default in debt repayment.
Likely market impact
Negative signal for shareholders. Downgrade to non-investment level and non-cooperation tag may raise borrowing costs and hurt investor confidence.