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
Shree Rama NewsprintOther BeveragesShree Rama Newsprint redeems 2nd installment of ZCDs worth Rs 14.13 cr4 Aug 2026Debt Restructured0.0% -5.2% -1.9%₹28.17416 Cr—-10.7%+6.0%
Gujarat Alkalies & ChemCommodity ChemicalsLong-term rating downgraded by CARE Ratings to AA-, outlook stable4 Aug 2026Rating Downgraded×2-1.1% +1.2% +2.6%₹5944,362 Cr65.7vs 18.90.7%+12.7%
Dhampur Sugar MillsSugarIndia Ratings downgrades Dhampur Sugar long-term rating3 Aug 2026Rating Downgraded+2.9% +12.1% +16.3%₹1841,180 Cr16.8vs 16.05.8%+6.1%
STRLNG & WIL REN ENECivil ConstructionAcuite downgrades and withdraws credit ratings on multiple facilities31 Jul 2026Rating Downgraded+2.0% -0.5% -7.2%₹1603,733 Cr—-22.3%-9.7%
R.P.P Infra ProjectsCivil ConstructionCRISIL downgrades RPP Infra ratings on weaker operating performance31 Jul 2026Rating Downgraded×2-1.9% -3.3% -7.8%₹53263 Cr63.9vs 14.62.0%+0.0%
Electrotherm (I)Iron & Steel ProductsLoan default disclosed; Rs 46.46 Cr overdue to ARC lender30 Jul 2026Debt Restructured×2-1.8% -0.4% -2.8%₹687875 Cr—20.4%+9.5%
ShalbyHospitalICRA downgrades Shalby rating to A from A+; outlook revised to Stable from Negative27 Jul 2026Rating Downgraded×2-0.2% +0.3% -5.3%₹1301,403 Cr37.3vs 42.44.8%+11.7%
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% +6.5%₹3,6254.99 L Cr30.1vs 14.611.9%+6.7%
Neogen ChemicalsSpecialty ChemicalsNeogen Chemicals and Ionics ratings downgraded by CRISIL18 Jul 2026Rating Downgraded×2+0.4% -5.2% +4.4%₹2,3786,511 Cr178.9vs 24.32.4%+34.0%
Kuantum PapersPaper & Paper ProductsFixed Deposit rating downgraded from CARE A to CARE A-17 Jul 2026Rating Downgraded×3-1.4% +2.6% +6.1%₹73.82644 Cr17.9vs 14.42.8%+36.3%
Mirza International LimitLeather And Leather ProductsICRA Downgrades Mirza International Credit Rating on Rs 205 Crore Facilities15 Jul 2026Rating Downgraded+3.0% -6.2% -15.4%₹27.49380 Cr—-0.0%-9.7%
Utkarsh Small Fin BankOther BankCARE downgrades sub-debt rating from A to A- on weak profits and asset quality14 Jul 2026Rating Downgraded-0.3% -4.2% -6.5%₹13.522,406 Cr———
L&T FinanceInvestment CompanyESG score revised marginally to 81.9, retains Grade A rating14 Jul 2026Rating Downgraded-1.8% -4.0% -0.2%₹25764,463 Cr20.3vs 21.5—+23.1%
PravegHotels & ResortsPraveg amends loan pact with promoter group to allow equity-based repayment13 Jul 2026Debt Restructured+4.9% +21.4% +10.4%₹233609 Cr—-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%₹4.15679 Cr37.7vs 17.03.2%-16.7%
Rudra Gas EnterpriseCivil ConstructionCrisil downgrades Rudra Gas rating to BB over non cooperation11 Jul 2026Rating Downgraded-5.1% -9.8% -7.4%₹6857 Cr3.8vs 14.619.1%+130.6%
DPSCDPSCLTDCredit rating cut to default grade; firm under insolvency10 Jul 2026Rating Downgraded×4-0.3% -1.2% -0.1%₹6.421,013 Cr80.3-2.7%+10.6%
Control PrintComputers Hardware & EquipmentsCRISIL downgrades Control Print ratings to BB over cooperation issue9 Jul 2026Rating Downgraded×2+1.6% -0.3% -9.9%₹615983 Cr25.2vs 27.015.5%+3.8%
Trident TexofabOther Textile ProductsCRISIL downgrades Trident Texofab rating to B/Stable from B+6 Jul 2026Rating Downgraded-5.4% -7.0% -34.2%₹20.5831 Cr35.5vs 16.41.7%-12.1%
Sagar CementsCement & Cement ProductsSagar Cements bank loan rating downgraded by India Ratings3 Jul 2026Rating Downgraded×2-3.2% -1.8% -3.4%₹1421,856 Cr—-3.7%+5.3%
Ovobel FoodsMeat Products including PoultryCRISIL downgrades Ovobel Foods long-term rating to BB3 Jul 2026Rating Downgraded+0.5% +0.5% -12.9%₹264251 Cr6.5vs 7.329.0%+31.8%
PVP VenturesResidential Commercial ProjectsPVP Ventures defers NCD principal repayment to June 20273 Jul 2026Debt Restructured-5.9% +0.4% -5.8%₹50.491,315 Cr252.4vs 20.8-1.3%+165.2%
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%₹85.99686 Cr8.37.7%+35.9%
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%₹30.744 Cr236.2vs 11.1—-42.1%
Eastern Silk IndustriesEASTSILKCRISIL withdraws ratings as Eastern Silk clears all bank loans1 Jul 2026Debt Restructured+3.1% +5.2% +30.5%₹7136 Cr—-6.3%+10.4%
VIP IndustriesPlastic Products - ConsumerCrisil downgrades VIP Industries long-term rating to A-/Negative27 Jun 2026Rating Downgraded-2.3% -3.7% -5.2%₹2743,892 Cr—-59.1%+3.0%
Shri Bajrang AllianceIron & Steel ProductsCredit rating downgraded to IVR BBB minus Stable on Rs 25 Cr facility24 Jun 2026Rating Downgraded-2.3% +7.3% -3.2%₹160144 Cr3.3vs 17.00.9%-41.2%
Vikran EngineeringCivil ConstructionCredit rating downgraded by Infomerics20 Jun 2026Rating Downgraded×4-4.9% -0.1% -6.0%₹57.151,474 Cr24.6vs 14.69.4%—
RLFOther Textile ProductsRLF board approves converting promoter loans of 1.37 cr into equity17 Jun 2026Debt Restructured×2+5.5% +1.5% -11.2%₹9.59 Cr14.0vs 16.4-0.2%—
Tirupati SarjanResidential, Commercial ProjectsPursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requiements) Regulations, 2015 we would like to inform about the revision in the Credit Ratings of the Company by CRISIL.10 Jun 2026Rating Downgraded-0.8% -1.8% +3.8%₹826 Cr5.3vs 18.45.2%+6.7%
ArchiesLeisure ProductsICRA downgrades Archies Limited rating from BB minus to B plus10 Jun 2026Rating Downgraded-3.4% +4.8% -3.2%₹12.0141 Cr—-3.4%-42.5%
PakkaPaper & Paper ProductsPakka Limited credit rating cut to BB+ over non-cooperation10 Jun 2026Rating Downgraded-4.3% -1.1% -8.0%₹71.52341 Cr35.8vs 14.4-0.3%+27.2%
Shree Tirupati BalajeePackagingShree Tirupati Balajee Agro Trading credit rating downgraded by Infomerics6 Jun 2026Rating Downgraded-2.0% +0.0% -1.2%₹23.61193 Cr20.7vs 17.54.7%+11.3%
Sharika EnterprisesTrading & DistributorsIntimation of Credit Rating1 Jun 2026Rating Downgraded+5.6% +4.8% +41.9%₹21.0991 Cr—-50.1%+20.9%
Share Ind. SecuritiesStockbroking & AlliedPursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed herewith disclosures pertaining to revision in credit rating.29 May 2026Rating Downgraded×2+0.9% -4.8% +0.4%₹1874,081 Cr11.2vs 15.8—+31.3%
Dreamfolks ServicesAirport & Airport servicesDreamfolks Services Limited has informed the Exchange about withdrawal of Crisil rating at the Company's request27 May 2026Rating DowngradedDebt Restructured×2-7.0% -12.1% -16.5%₹59.1315 Cr—4.8%-88.8%
Mukka ProteinsAnimal FeedMukka Proteins Limited has informed the Exchange about Credit Rating- Revision26 May 2026Rating Downgraded×2-1.7% -6.3% +2.2%₹26.8804 Cr11.6vs 15.212.8%+186.7%
Dwarikesh Sugar IndSugarAs per attachment25 May 2026Rating Downgraded×2-1.2% -1.0% -3.9%₹44.3821 Cr56.8vs 16.04.4%-11.7%
Hester BiosciencesPharmaceuticalsHester Biosciences Limited has informed the Exchange about General Updates - Announcement under Regulation 30 of Listing Regulations - Disclosure on amendments in loan agreement of Hester Africa20 May 2026Debt Restructured×2+2.9% +9.7% +17.1%₹2,0551,748 Cr12.8vs 31.213.2%-8.2%
Magnum VenturesPaper & Paper ProductsMagnum Ventures Limited has informed the Exchange about Credit Rating19 May 2026Debt Restructured×2+3.9% +3.2% +1.2%₹18123 Cr—-1.4%—
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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.