We hereby inform that Credit Rating received from Infomerics Valuation and Rating Ltd. Detailed letter is enclosed.
SEPC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.9 pts less than Nifty Microcap 250 and 6.2 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Infomerics has downgraded SEPC Limited's credit ratings after reviewing its operational and financial performance for the first nine months of FY26 (unaudited). Long-term bank facilities have been cut from IVR BBB-/Stable to IVR BB+/Negative, pushing the company into speculative (junk) grade territory. Short-term bank facilities have also been cut from IVR A3 to IVR A4+. The downgrade covers total bank facilities of Rs. 882.50 crore across multiple lenders including Punjab National Bank, Central Bank of India, Axis Bank, and State Bank of India. The outlook has been revised to Negative, meaning further downgrades cannot be ruled out if performance does not improve.
This is a significant negative development for shareholders. Moving into junk grade (BB+) signals higher credit risk, which typically leads to higher borrowing costs and may make it harder for the company to raise new funds. Investors should expect short-term pressure on the stock price and closely watch upcoming quarterly results for any improvement in business performance.