Debt reduction & upgrades

Balance sheets getting lighter, on the record: debt prepaid ahead of schedule and rating upgrades inside the window — events that happened, not intentions announced on a call. Downgrades and restructurings from the same window are in the mirror view.

In the same window: 56 companies with downgrades & restructuring. See the other side →
CompanyWhy it’s here — the filingReaction 1d / 1w / 1mPriceMcapP/EROCERev YoY
Manipal Health EnterpriMANIPALHOSManipal Hospitals redeems Rs 5,310 crore NCDs using IPO proceeds18 Sept 2026Debt Prepaid×2+0.9% -4.0% —₹68480,695 Cr349.0——
Shelter Infra ProjectsCivil ConstructionShelter Infra pays off borrowing of Rs 45 lakh18 Sept 2026Debt Prepaid+5.9% +8.7% —₹15.355 Cr—-0.0%-7.0%
Aegis Vopak TerminalsOil Storage & TransportationCredit rating assigned IND AA with Positive outlook for bank loans and NCDs18 Sept 2026Rating Upgraded+2.0% -5.8% —₹28531,533 Cr125.46.3%+42.5%
Centum ElectronicsAerospace & DefenseCARE Ratings upgrades Centum Electronics to BBB+ Stable17 Sept 2026Rating Upgraded×2+9.3% +11.6% —₹4,1546,131 Cr114.7vs 73.918.0%-25.3%
Coastal CorporationSeafoodCredit rating upgraded from CARE D to CARE B+ with stable outlook17 Sept 2026Rating Upgraded+9.2% +1.4% —₹34.3230 Cr5.8vs 10.58.3%+38.2%
Century ExtrusionsAluminium Copper & Zinc ProductsCentury Extrusions credit rating upgraded by Infomerics17 Sept 2026Rating Upgraded+1.5% -4.5% —₹18.99152 Cr12.3vs 27.116.9%+32.9%
Grasim IndustriesCement & Cement ProductsGrasim Industries repays Rs 500 crore commercial papers on maturity17 Sept 2026Debt Prepaid×6-0.1% -2.3% —₹2,8571.94 L Cr34.0vs 29.83.2%+21.4%
Aditya Birla Lifes BranSpeciality RetailFull repayment of 150 crore commercial paper on maturity17 Sept 2026Debt Prepaid×3-1.8% -7.5% —₹72.398,835 Cr49.9vs 25.55.0%+11.2%
P N Gadgil JewellersGems Jewellery And WatchesCRISIL upgrades P N Gadgil Jewellers Fixed Deposit rating to A plus Stable17 Sept 2026Rating Upgraded×2-0.0% -4.5% —₹5897,990 Cr17.9vs 26.326.1%+40.7%
SG MartTrading - MetalsCRISIL upgrades SG Mart rating to AA- and A1+; removed from Watch Positive17 Sept 2026Rating Upgraded+4.3% +4.6% —₹7359,265 Cr74.5vs 37.18.7%+14.4%
R R KabelCables - ElectricalsR R Kabel long-term credit rating upgraded to IND AA by India Ratings16 Sept 2026Rating Upgraded+1.8% +2.8% —₹2,70430,605 Cr50.3vs 26.823.9%+53.9%
Apollo PipesPlastic Products - IndustrialCRISIL upgrades Apollo Pipes credit ratings to AA-/Stable and A1+16 Sept 2026Rating Upgraded+6.3% +3.8% —₹5042,220 Cr—1.0%+7.4%
Motilal Oswal FinStockbroking & AlliedIndia Ratings upgrades Motilal Oswal Financial Services to IND AA+/Stable16 Sept 2026Rating Upgraded×5+3.6% +3.7% —₹1,01461,076 Cr30.8vs 15.8—+25.2%
KIC MetaliksIron & SteelCARE upgrades KIC Metaliks rating to BBB Plus Stable on improved performance16 Sept 2026Rating UpgradedDebt Prepaid×2-3.3% -5.2% —₹29103 Cr2.7vs 15.225.7%-60.5%
Ceinsys TechIT Enabled ServicesCARE Ratings upgrades Ceinsys Tech bank facility ratings16 Sept 2026Rating Upgraded+0.8% +3.0% —₹6651,393 Cr9.3vs 18.521.0%+0.8%
Aster DM Quality CareHospitalICRA upgrades credit rating of material subsidiary KHML to AA with Stable outlook16 Sept 2026Rating Upgraded+2.2% +0.9% —₹67735,077 Cr109.5vs 42.48.5%+21.6%
Welspun LivingOther Textile ProductsCredit rating upgraded for material subsidiary Welspun Global Brands16 Sept 2026Rating Upgraded+5.0% +11.4% —₹22621,350 Cr77.7vs 16.44.0%+23.7%
Nova Iron & SteelIron & Steel ProductsNova Iron & Steel files satisfaction of Rs 39.69 crore charge16 Sept 2026Debt Prepaid-17.6% -14.9% —₹13.8950 Cr0.4vs 17.00.7%+12.4%
Orient Green Power CoPower GenerationBeta Wind Farm subsidiary credit rating upgraded by CRISIL16 Sept 2026Rating Upgraded×2-0.8% -1.6% —₹8.35979 Cr15.2vs 20.44.5%-6.8%
Balaji AminesSpecialty ChemicalsBalaji Amines gets credit rating withdrawn after fully repaying bank loans15 Sept 2026Debt Prepaid×2+0.9% +2.6% —₹2,0876,762 Cr33.0vs 24.39.9%+27.2%
Sedemac MechatronicsAuto Components & EquipmentsICRA upgrades SEDEMAC rating to A Positive; outlook revised15 Sept 2026Rating Upgraded×2+5.9% +17.2% —₹3,24114,316 Cr218.1vs 26.729.3%—
Shree RefrigerationsAerospace & DefenseCARE Ratings upgrades Shree Refrigerations credit rating to BBB minus Stable15 Sept 2026Rating Upgraded+6.4% +9.4% —₹3741,333 Cr57.5vs 73.911.4%—
Anlon HealthcarePharmaceuticalsAnlon Healthcare gets BWR BBB/Stable rating, upgrade from BB+15 Sept 2026Rating Upgraded+1.6% +44.1% —₹26.781,423 Cr10.8vs 31.216.0%—
Birla CorporationCement & Cement ProductsBirla Corporation fully redeems Series-VII NCDs worth Rs 20 crore14 Sept 2026Debt Prepaid×2-2.8% +2.3% —₹7976,140 Cr11.1vs 29.86.5%+7.8%
Maruti Suzuki IndiaPassenger Cars & Utility VehiclesMaruti Suzuki ESG score upgraded to 68 by Crisil12 Sept 2026Rating Upgraded-1.7% -3.1% —₹11,2283.53 L Cr24.6vs 28.016.8%+35.9%
Lumino IndustriesLUMINOCRISIL upgrades Lumino Industries long-term rating to A+/Stable12 Sept 2026Rating Upgraded-7.1% -1.1% ——————
Piramal FinanceNon Banking Financial Company (NBFC)Moody's upgrades Piramal Finance rating to Ba2 from Ba3, outlook stable11 Sept 2026Rating Upgraded×3-2.2% -6.7% —₹1,96044,433 Cr26.3vs 18.9——
Glenmark PharmaceuticalsPharmaceuticalsGlenmark Pharma bank loan rating upgraded to IND AA+ with Stable outlook11 Sept 2026Rating Upgraded-1.8% +2.5% —₹2,19261,864 Cr34.4vs 31.214.7%+23.1%
Titan CompanyGems Jewellery And WatchesTitan redeems 1000 crore Commercial Papers10 Sept 2026Debt Prepaid×2-3.3% -2.7% —₹4,3603.87 L Cr67.4vs 26.332.7%+29.3%
Apar IndustriesOther Electrical EquipmentCARE Ratings upgrades APAR Industries long-term rating to AA; Stable10 Sept 2026Rating Upgraded+0.3% +4.8% —₹17,79571,483 Cr60.5vs 24.621.9%+29.1%
Ratnamani Met & TubIron & Steel ProductsCRISIL upgrades Ratnamani Metals long-term rating to AA+, stable10 Sept 2026Rating Upgraded-1.3% -2.9% —₹2,54517,838 Cr41.2vs 17.015.6%-15.6%
Raghav Productivity ENHElectrodes & RefractoriesCRISIL upgrades long-term bank facility rating to A/Stable9 Sept 2026Rating Upgraded+9.9% +3.5% —₹1,7217,903 Cr126.0vs 31.727.4%+48.7%
Visaka IndustriesCement & Cement ProductsCARE revises Visaka outlook to Stable, reaffirms A+ rating9 Sept 2026Rating Upgraded-1.4% +2.6% —₹81.49704 Cr8.2vs 29.811.2%+16.7%
Eureka ForbesHousehold AppliancesCRISIL upgrades Eureka Forbes rating from AA-minus to AA with Stable outlook8 Sept 2026Rating Upgraded-3.2% -7.5% —₹3406,587 Cr36.6vs 41.63.9%+15.2%
Tatva Chin Pharm ChemSpecialty ChemicalsCRISIL upgrades Tatva Chintan credit rating to A-8 Sept 2026Rating Upgraded-1.1% +5.7% —₹1,8764,388 Cr85.4vs 24.37.2%+43.0%
Arvind FashionsSpeciality RetailArvind Fashions gets Crisil ESG rating of 61, upgraded to Strong8 Sept 2026Rating Upgraded+2.6% -3.1% —₹3905,223 Cr43.5vs 25.512.9%+15.5%
Rajputana StainlessIron & Steel ProductsCARE assigns A- and A2+ ratings to Rs 160 crore facilities8 Sept 2026Debt Prepaid+1.6% -3.3% -8.5%₹1721,431 Cr28.2vs 17.017.7%—
Sportking IndiaOther Textile ProductsCRISIL reaffirms Sportking ratings A+/Positive; bank loan limit raised to Rs 1,525 cr8 Sept 2026Rating Upgraded×2-1.7% -8.0% -11.3%₹1972,538 Cr15.5vs 16.411.1%+20.1%
Data Patterns IndiaAerospace & DefenseCRISIL upgrades outlook to Positive on Rs 775 Cr bank facilities8 Sept 2026Rating Upgraded+6.7% -1.8% -10.7%₹4,11123,020 Cr85.9vs 73.920.3%+16.8%
Varroc EngineeringAuto Components & EquipmentsVarroc Engineering gets CRISIL ESG rating upgrade to Strong category8 Sept 2026Rating Upgraded×2+1.3% +3.7% -3.5%₹79812,193 Cr61.8vs 26.715.0%+29.9%
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How this list is built

A company appears when an NSE/BSE filing inside the last 90 days carries one of these classifier signals (minimum importance: Medium): Debt Prepaid, Rating Upgraded. 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.