Announced Fri, 18 Sept, 2026 · 16:51 IST
Credit rating withdrawn at company's request after prior downgrade
PANACHE · 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
-2.4%1-day move
₹522.20
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.4-0.6-1.4+0.5-1.4-1.2————
Up moveDown movePending
AI summary
Infomerics has withdrawn its credit rating on Panache Digilife's Rs 29 crore bank loan facilities at the company's request, supported by a No-Objection Certificate from bankers. The withdrawn rating was IVR BB+/Negative tagged as Issuer Not Cooperating. The rating had earlier been downgraded from IVR BBB-/Stable in 2024-25 to BB+/Negative in 2025-26. Withdrawal leaves no current public rating view on the company's debt.
Likely market impact
Investors lose independent rating visibility on company debt. Prior rating was already sub-investment grade with negative outlook.