Downgrades & restructuring

The other half of “debt reduction & upgrades”: companies whose filings inside the window went the other way. Same rules, opposite direction.

CompanyWhy it’s here — the filingReaction 1d / 1w / 1mPriceMcapP/EROCERev YoY
Star Housing FinanceHousing Finance CompanySHFL rating moved to IND D non-cooperating, company in default22 Aug 2026Rating Downgraded×3pending₹5.1841 Cr6.1vs 13.9+7.4%
Som Dist & BrewBreweries & DistilleriesCredit rating downgraded to BB+ from BBB on license suspension20 Aug 2026Rating Downgraded×5pending₹73.581,530 Cr2.3%-3.8%
Fujiyama Power Systems LUTLSOLARCRISIL lifts rating watch, reaffirms ratings with stable outlook18 Aug 2026Rating Downgraded+0.7% ₹47414,521 Cr44.826.8%+58.6%
Mankind PharmaPharmaceuticalsMankind Pharma realigns NCD security, releases BSVL share pledge17 Aug 2026Debt Restructured+0.6% ₹2,38498,412 Cr52.3vs 28.510.8%-6.9%
MphasisComputers - Software & ConsultingMphasis ESG score falls to 72.6 from 74.5, retains Grade B14 Aug 2026Rating Downgraded-4.4% ₹2,43046,371 Cr24.3vs 19.521.3%+8.7%
Thirumalai ChemicalsCommodity ChemicalsICRA downgrades Thirumalai Chemicals credit ratings to BBB Negative13 Aug 2026Rating Downgraded-3.4% ₹1531,850 Cr-5.9%-4.7%
Supreme EngineeringSUPREMEENGOne Time Settlement with Bank of India for Rs. 60.32 Crores13 Aug 2026Debt Restructured0.0% ₹2.5363 Cr-18.1%
Landmark Pr.dev.co.ltdReal Estate related servicesEterna seeks extension to repay Rs 35.11 crores to Landmark Property Development12 Aug 2026Debt Restructured+29.4% ₹7.2297 Cr30.1vs 19.64.8%
Deccan CementsCement & Cement ProductsCARE downgrades Deccan Cements long-term rating from BBB+ to BBB12 Aug 2026Rating Downgraded×3-1.3% ₹554776 Cr61.3vs 23.22.5%+52.4%
Coastal CorporationSeafoodCARE downgrades Coastal Corporation bank facilities to CARE D from CARE BB7 Aug 2026Rating Downgraded×2-3.1% -3.1% ₹40.11269 Cr5.6vs 14.08.3%+103.3%
Prime FocusPFOCUSBoard approves Rs 200 Cr corporate guarantee for subsidiary DNEG India6 Aug 2026Debt Restructured-2.7% -1.4% ₹29823,125 Cr100.09.8%+30.5%
B. D. Industries (Pune) LimitePlastic Products - IndustrialCredit rating downgraded; company says loans already fully repaid4 Aug 2026Rating Downgraded×2 -4.4% ₹111158 Cr14.0vs 16.718.5%
Shree Rama NewsprintOther BeveragesShree Rama Newsprint redeems 2nd installment of ZCDs worth Rs 14.13 cr4 Aug 2026Debt Restructured0.0% -5.2% ₹31.51465 Cr-10.7%+15.2%
Gujarat Alkalies & ChemCommodity ChemicalsLong-term rating downgraded by CARE Ratings to AA-, outlook stable4 Aug 2026Rating Downgraded×2-1.1% +1.2% ₹6875,045 Cr0.7%+3.9%
Dhampur Sugar MillsSugarIndia Ratings downgrades Dhampur Sugar long-term rating3 Aug 2026Rating Downgraded+2.9% +12.1% ₹1861,197 Cr8.3vs 8.85.8%-3.5%
STRLNG & Wil Ren EneCivil ConstructionAcuite downgrades and withdraws credit ratings on multiple facilities31 Jul 2026Rating Downgraded+2.0% -0.5% ₹1934,497 Cr17.1vs 15.4-22.3%+11.3%
R.P.P Infra ProjectsCivil ConstructionCRISIL downgrades RPP Infra ratings on weaker operating performance31 Jul 2026Rating Downgraded×2-1.9% -3.3% ₹57.5285 Cr143.8vs 15.42.0%+42.6%
Electrotherm (I)Iron & Steel ProductsLoan default disclosed; Rs 46.46 Cr overdue to ARC lender30 Jul 2026Debt Restructured×2-1.8% -0.4% ₹1,0591,349 Cr20.4%+40.0%
BGR Energy SystemsBGRENERGYBGR Energy Q1 loss Rs 226 cr, to raise 150 cr loan from promoters29 Jul 2026Debt Restructured-0.6% -8.2% ₹2401,732 Cr-75.5%-39.8%
ShalbyHospitalICRA downgrades Shalby rating to A from A+; outlook revised to Stable from Negative27 Jul 2026Rating Downgraded×2-0.2% +0.3% ₹1531,640 Cr57.8vs 44.94.8%+0.7%
Larsen & ToubroCivil ConstructionL&T ESG score revised down to 69.8 from 71.3 by SES Research27 Jul 2026Rating Downgraded×2+1.2% +7.1% ₹4,0935.63 L Cr33.0vs 15.411.9%+21.7%
Supreme Infra.Civil ConstructionSupreme Infra achieves final milestone in lender settlement scheme21 Jul 2026Debt Restructured×2+15.5% +11.3% +12.6%₹87842 Cr0.0vs 15.4+255.9%
Neogen ChemicalsSpecialty ChemicalsNeogen Chemicals and Ionics ratings downgraded by CRISIL18 Jul 2026Rating Downgraded×2+0.4% -5.2% +4.4%₹2,2225,862 Cr194.2vs 30.02.4%+18.2%
Kuantum PapersPaper & Paper ProductsFixed Deposit rating downgraded from CARE A to CARE A-17 Jul 2026Rating Downgraded×3-1.4% +2.6% +6.1%₹74.1647 Cr16.3vs 13.42.8%+7.6%
Mirza International LimitLeather And Leather ProductsICRA Downgrades Mirza International Credit Rating on Rs 205 Crore Facilities15 Jul 2026Rating Downgraded×2+3.0% -6.2% -15.4%₹31.17431 Cr-0.0%-37.6%
Utkarsh Small Fin Bank LOther BankCARE downgrades sub-debt rating from A to A- on weak profits and asset quality14 Jul 2026Rating Downgraded-0.3% -4.2% -6.5%₹14.42,563 Cr
L&T FinanceInvestment CompanyESG score revised marginally to 81.9, retains Grade A rating14 Jul 2026Rating Downgraded-1.8% -4.0% -0.2%₹31779,427 Cr25.7vs 24.9+10.0%
PravegHotels & ResortsPraveg amends loan pact with promoter group to allow equity-based repayment13 Jul 2026Debt Restructured+4.9% +21.4% +10.4%₹269703 Cr22.9vs 22.9-0.9%+26.8%
Rama Steel TubesIron & Steel ProductsICRA withdraws ratings on Rama Steel Tubes bank facilities13 Jul 2026Rating Downgraded-0.7% -5.1% -2.2%₹4.01656 Cr50.1vs 16.93.2%-23.2%
Rudra Gas EnterpriseCivil ConstructionCrisil downgrades Rudra Gas rating to BB over non cooperation11 Jul 2026Rating Downgraded-5.1% -9.8% -7.4%₹69.0558 Cr3.9vs 15.419.1%+130.6%
DPSCDPSCLTDCredit rating cut to default grade; firm under insolvency10 Jul 2026Rating Downgraded×2-0.3% -1.2% -0.1%₹7.141,127 Cr89.3-2.7%-16.1%
Control PrintComputers Hardware & EquipmentsCRISIL downgrades Control Print ratings to BB over cooperation issue9 Jul 2026Rating Downgraded×2+1.6% -0.3% -9.9%₹577923 Cr28.0vs 23.115.5%+24.9%
Trident TexofabOther Textile ProductsCRISIL downgrades Trident Texofab rating to B/Stable from B+6 Jul 2026Rating Downgraded-5.4% -7.0% -34.2%₹23.2435 Cr7.3vs 15.31.7%-12.1%
Sagar CementsCement & Cement ProductsSagar Cements bank loan rating downgraded by India Ratings3 Jul 2026Rating Downgraded×2-3.2% -1.8% -3.4%₹1622,117 Cr-3.7%+30.8%
Ovobel FoodsMeat Products including PoultryCRISIL downgrades Ovobel Foods long-term rating to BB3 Jul 2026Rating Downgraded+0.5% +0.5% -12.9%₹256243 Cr9.3vs 8.329.0%+35.9%
PVP VenturesResidential Commercial ProjectsPVP Ventures defers NCD principal repayment to June 20273 Jul 2026Debt Restructured-5.9% +0.4% -5.8%₹45.11,174 Cr161.1vs 22.3-1.3%+142.5%
Sical LogisticsSICALLOGSical Logistics secures Rs 115 cr loans from Axis Bank for refinancing and working capital2 Jul 2026Debt Restructured×2-4.0% -8.1% +14.6%₹110878 Cr7.67.7%+17.1%
India Home LoanHousing Finance CompanyIndia Home Loan restructures about Rs 17.5 crore loan with IDFC First Bank1 Jul 2026Debt Restructured-0.6% -1.7% -1.8%₹32.1546 Cr321.5vs 13.9-0.6%
Eastern Silk Industries LEASTSILKCRISIL withdraws ratings as Eastern Silk clears all bank loans1 Jul 2026Debt Restructured+3.1% +5.2% +30.5%₹64.232 Cr-6.3%+139.8%
Vip IndustriesPlastic Products - ConsumerCrisil downgrades VIP Industries long-term rating to A-/Negative27 Jun 2026Rating Downgraded×2-2.3% -3.7% -5.2%₹3074,362 Cr-59.1%+7.4%
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How this list is built

A company appears when an NSE/BSE filing inside the last 180 days carries one of these classifier signals (minimum importance: Medium): Rating Downgraded, Debt Restructured. Each row shows the latest qualifying filing; the reaction columns are the stock’s measured move 1 day, 1 week and 1 month after that filing.

MarketPing publishes facts, filings and measured history only — nothing on this page is investment advice, a recommendation or a rating.