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
Shri Bajrang Alliance LIron & Steel ProductsCredit rating downgraded to IVR BBB minus Stable on Rs 25 Cr facility24 Jun 2026Rating Downgraded-2.3% +7.3% -3.2%₹172155 Cr3.5vs 16.90.9%-41.2%
Vikran EngineeringCivil ConstructionCredit rating downgraded by Infomerics20 Jun 2026Rating Downgraded×4-4.9% -0.1% -6.0%₹63.11,627 Cr14.5vs 15.49.4%
RLFOther Textile ProductsRLF board approves converting promoter loans of 1.37 cr into equity17 Jun 2026Debt Restructured×2+5.5% +1.5% -11.2%₹9.459 Cr13.9vs 15.3-0.2%
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%₹8.428 Cr5.9vs 17.45.2%+2.8%
Sharika EnterprisesTrading & DistributorsIntimation of Credit Rating1 Jun 2026Rating Downgraded×2+5.6% +4.8% +41.9%₹19.7185 Cr9.9vs 13.8-50.1%+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%₹1743,808 Cr11.6vs 15.8+22.0%
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%₹69.5370 Cr4.8%-74.4%
Mukka ProteinsAnimal FeedMukka Proteins Limited has informed the Exchange about Credit Rating- Revision26 May 2026Rating Downgraded×2-1.7% -6.3% +2.2%₹26.67800 Cr10.8vs 14.812.8%+55.6%
Dwarikesh Sugar IndSugarAs per attachment25 May 2026Rating Downgraded×2-1.2% -1.0% -3.9%₹53.75996 Cr6.8vs 8.84.4%+73.0%
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×3+2.9% +9.7% +17.1%₹2,3562,004 Cr38.8vs 28.513.2%+41.1%
Magnum VenturesPaper & Paper ProductsMagnum Ventures Limited has informed the Exchange about Credit Rating19 May 2026Debt Restructured×2+3.9% +3.2% +1.2%₹19.25132 Cr11.6vs 13.4-1.4%
Ramkrishna ForgingsAuto Components & EquipmentsRevision of credit ratings of the Company by India Ratings & Research19 May 2026Rating Downgraded×2+1.1% +1.7% +4.6%₹73513,337 Cr95.7vs 26.92.0%+34.1%
Jet Freight LogisticsLogistics Solution ProviderPlease find enclosed the Credit Rating withdrawn letter by India Ratings and Research Private Limited.15 May 2026Rating Downgraded×3+0.7% +6.7% +4.9%₹21.95102 Cr12.3vs 16.213.3%+52.3%
Mcleod Russel IndiaMCLEODRUSSMcleod Russel India Limited has informed the Exchange about Sale or disposal15 May 2026Debt Restructured×7+10.3% +22.8% +3.4%₹50522 Cr-39.5%-77.5%
Tega IndustriesIndustrial ProductsTega Industries Limited has informed the Exchange about Credit Rating- Revision15 May 2026Rating Downgraded×2-1.8% +0.1% +11.9%₹1,74813,132 Cr102.7vs 23.85.4%+30.0%
Kabra Extrusion Technik LIndustrial ProductsKabra Extrusion Technik Limited has informed the Exchange about Credit Rating- Revision13 May 2026Rating Downgraded×2+2.1% -0.4% +5.0%₹5601,960 Cr509.4vs 23.8-1.7%-10.7%
Eastern TreadsTyres & Rubber ProductsRevised Credit Rating12 May 2026Rating Downgraded-1.2% +0.2% -3.2%₹29.516 Cr-49.8%-1.7%
Samvrdhna MTHRSN IntlAuto Components & EquipmentsSamvardhana Motherson International Limited has submitted with the Stock Exchange disclosure under regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding creation of Corporate Guarantee in favour its wholly owned subsidiary.8 May 2026Debt Restructured-5.0% -0.2% +7.2%₹1691.79 L Cr35.4vs 26.98.2%+13.7%
DCX SystemsAerospace & DefenseDcx Systems Limited has informed the Exchange about Credit Rating- Revision8 May 2026Rating Downgraded×2-10.7% -12.0% -21.1%₹1761,955 Cr0.6%+7.5%
Jain DVR Equity SharesPlastic Products - IndustrialIntimation regarding Credit Rating under Regulation 30 of SEBI (LODR) Regulations, 2015- Non-Convertible Debentures Credit Rating which has been withdrawn7 May 2026Rating DowngradedDebt Restructured×2-6.3% -7.7% -8.1%₹21.151,552 Cr13.9vs 16.70.3%+27.3%
Jain Irrigation SystemsPlastic Products - IndustrialIntimation regarding Credit Rating under Regulation 30 of SEBI (LODR) Regulations, 2015- Non-Convertible Debentures Credit Rating which has been withdrawn7 May 2026Rating DowngradedDebt Restructured×2-6.6% -18.0% -15.8%₹27.852,044 Cr34.8vs 16.70.3%+27.3%
Mahanagar Telephone NigamTelecom - Cellular & Fixed line servicesCOMPLIANCE WITH REGULATION 30 & 51 OF SEBI (LODR) REGULATIONS, 2015 NON FUNDING OF 07TH SEMI ANNUAL INTEREST WRT MTNL BOND SERIES VII A (INE153A08105)5 May 2026Debt Restructured+3.5% -7.0% -5.6%₹26.91,695 Cr51.9%+95.3%
Growington Ventures India LimiTrading & DistributorsOutcome of Board Meeting held on 04th May, 20264 May 2026Debt Restructured+1.2% -4.7% -9.4%₹0.8152 Cr6.8vs 13.88.1%+73.9%
Sbec SugarSugarIntimation for receiving balance amount under One Time Settlement agreement entered by Company with Modi Industries Limited on February 03, 20264 May 2026Debt Restructured+1.4% -5.1% +78.6%₹68324 Cr2.0vs 8.87.4%-24.0%
Signatureglobal IndiaResidential Commercial ProjectsIntimation of revision in ESG Rating1 May 2026Rating Downgraded+0.2% +4.5% -6.3%₹79311,142 Cr11.0vs 22.334.7%+227.1%
JyotiHeavy Electrical EquipmentDisclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks ....1 May 2026Debt Restructured-1.9% -13.9% -22.8%₹63145 Cr8.1vs 33.9-249.4%-22.9%
Krystal Integrated Ser LDiversified Commercial ServicesKrystal Integrated Services Limited has informed the Exchange about Credit Rating30 Apr 2026Rating Downgraded+0.1% +0.3% -3.9%₹657918 Cr13.2vs 15.114.5%+28.8%
Setco AutomotiveSETCOSetco Automotive Limited has informed the Exchange about General Updates25 Apr 2026Debt Restructured×5+6.1% +9.8% +12.3%₹17.34232 Cr+10.0%
Khaitan Chem & FertKHAICHEMKhaitan Chemicals & Fertilizers Limited has informed the Exchange about Credit Rating- Revision24 Apr 2026Rating Downgraded-13.7% -7.0% -10.2%₹55.82541 Cr12.522.5%-37.5%
Ags Transact TechFinancial Technology (Fintech)AGS Transact Technologies Limited has informed the Exchange about Credit Rating- Revision22 Apr 2026Rating DowngradedDebt Restructured×2pending₹2.0526 Cr-38.3%
Kovilpatti Lakshmi Roller FlouOther Food ProductsWith reference to the above, we enclose rating update for your records17 Apr 2026Rating Downgraded+3.3% +5.5% -0.2%₹83.475 Cr9.3vs 12.18.7%-7.7%
Il&fs Trans NetIL&FSTRANSPayment to NCD Holders under 3rd Interim Distribution17 Apr 2026Debt Restructured×3-4.5% -9.7% -10.9%₹2.0868 Cr6.5%
Incredible IndustriesIron & Steel ProductsINCREDIBLE INDUSTRIES LIMITED has informed the Exchange about Credit Rating- Revision13 Apr 2026Rating Downgraded+5.1% -0.6% +1.6%₹33154 Cr11.7vs 16.99.3%+3.4%
PC JewellerGems Jewellery And WatchesPC Jeweller Limited has informed the Exchange regarding 'Update on reduction of outstanding debt payable to banks under theJoint Settlement Agreement with Consortium Lenders'.10 Apr 2026Debt Restructured+2.7% +5.4% -6.4%₹10.218,831 Cr11.1vs 20.38.6%+12.4%
TV Today NetworkTV Broadcasting & Software ProductionTV Today Network Limited has informed the Exchange about Credit Rating10 Apr 2026Rating Downgraded+2.8% +3.3% +1.9%₹116691 Cr38.6vs 14.73.3%+13.8%
Harish Textile Engineers LimitIndustrial ProductsDisclosures by listed entities of defaults on payment of interest/ repayment of principal amount for unlisted debt securities i.e. NCDs and NCRPS8 Apr 2026Debt Restructured×2+5.8% +7.0% +3.4%₹65.4722 Cr3.9vs 23.845.8%+11.2%
DCM Shriram IndSugarCARE downgrades DCM Shriram ratings; removed from negative watch7 Apr 2026Rating Downgraded×2-0.7% +5.1% +24.2%₹51.7450 Cr16.4vs 8.82.0%+11.7%
Neeraj Paper MarketingTrading & DistributorsDear Sir, we hereby submit the disclosure under Reg. 30 of SEBI LODR , 2015 for modification in terms of Cash Credit facility and satisfaction of term loan of the company from Union Bank of India6 Apr 2026Debt Restructuredpending₹18.9221 Cr40.3vs 13.82.1%-2.2%
Himalaya Food International LIOther Agricultural ProductsPress Release BSE -Himalaya Food International Ltd. Secures Landmark OTS Extension Approval; Achieves Decisive Breakthrough in Debt Resolution.4 Apr 2026Debt Restructured+15.9% +28.4% +29.6%₹8.3949 Cr9.2vs 14.0+28.2%
Maithan AlloysFerro & Silica ManganeseMaithan Alloys Limited has informed the Exchange about Credit Rating- Revision3 Apr 2026Rating Downgraded+1.4% +11.6% +9.7%₹9822,859 Cr13.9%+13.9%
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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.