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
Dishman Carbo AmcisPharmaceuticalsDishman Carbogen Amcis Limited has informed the Exchange about General Updates2 Apr 2026Debt Restructured+4.1% +16.4% +28.4%₹1732,713 Cr154.5vs 28.51.1%+30.4%
John Cockerill IndiaIndustrial ProductsPursuant to the provision of Regulation 30 read with Schedule III Part A PARA (3) of SEBI (LODR) Regulation 2015, Please be informed that CARE Rating Limited has updated the ratings of the company.2 Apr 2026Rating Downgradedpending₹8,2324,065 Cr552.1vs 23.8
Orchid PharmaPharmaceuticalsOrchid Pharma Limited has informed the Exchange about Credit Rating- Revision2 Apr 2026Rating Downgraded-1.3% +8.4% +26.2%₹1,0085,112 Cr229.1vs 28.51.3%+22.8%
Balaxi PharmaBALAXIBALAXI PHARMACEUTICALS LIMITED has informed the Exchange about Credit Rating- Revision2 Apr 2026Rating Downgraded+17.0% +33.8% +43.6%₹22.4124 Cr65.91.8%+25.9%
Vindhya TelelinksCivil ConstructionVindhya Telelinks Limited has informed the Exchange about Credit Rating- Revision1 Apr 2026Rating Downgraded+0.3% +26.4% +35.6%₹2,4302,880 Cr14.1vs 15.41.2%+5.2%
Birla CableBIRLACABLEBirla Cable Limited has informed the Exchange about Credit Rating- Revision1 Apr 2026Rating Downgraded+2.9% +28.3% +38.0%₹279837 Cr28.26.9%+21.6%
Sadbhav EngineeringRoad Assets - Toll Annuity Hybrid-AnnuitySadbhav Engineering Limited has informed regarding Implementation of the Restructuring Plan1 Apr 2026Debt Restructured×3+10.2% +31.1% +22.8%₹8137 Cr8.09.1%+8.4%
Quadrant TeleventuresTelecom - Cellular & Fixed line servicesDisclosures by listed entities of defaults on payment of interest/ repayment of principal amount for unlisted debt securities i.e. NCDs and NCRPS1 Apr 2026Debt Restructured-6.3% +12.5% +15.6%₹0.5735 Cr0.9vs 23.10.9%-8.5%
OM InfraCivil ConstructionOM INFRA LIMITED has informed the Exchange about Credit Rating- Revision1 Apr 2026Rating Downgraded+3.9% +13.6% +15.9%₹84809 Cr27.8vs 15.42.5%+29.3%
ArtsonIndustrial ProductsThis is in continuation of our earlier disclosure dated 25th March 2026 we wish to inform that today the company has entered into an agreement with Tata Projects Limited, Holding Company ....31 Mar 2026Debt Restructured-0.5% +2.6% +0.2%₹159586 Cr32.4vs 23.8-75.4%-24.4%
Siti NetworksSITINETSiti Networks Limited has informed the Exchange regarding 'Disclosure in compliance with Para 3(C1) of SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/2019/140 dated November 21, 2019, of default on payment of interest/repayment of principal amount on loans from Bank(s)'.31 Mar 2026Debt Restructured+6.9% +20.7% +27.6%₹0.2925 Cr7.6%+2.6%
Oval Projects Engineering LimiCivil ConstructionClarification in respect of the rating rationale dated March 30, 2026 issued by CRISIL Ratings Limited ("CRISIL").31 Mar 2026Rating Downgraded+6.4% ₹54112 Cr6.8vs 15.415.0%
Hindware Hme InovatonSanitary WareHindware Home Innovation Limited has informed the Exchange about Credit Rating31 Mar 2026Rating Downgraded+12.1% +17.6% +24.9%₹1991,663 Cr-0.7%-2.0%
Rkec ProjectsCivil ConstructionRKEC Projects Limited has informed the Exchange about Credit Rating- Revision30 Mar 2026Rating Downgraded+14.6% +45.4% +37.6%₹22.4958 Cr9.1vs 15.4-57.1%
Tijaria PolypipesPlastic Products - IndustrialTijaria Polypipes Limited has informed the Exchange about General Updates30 Mar 2026Debt Restructured×2-0.5% +21.6% +9.3%₹6.0517 Cr33.6vs 16.7
Samrat PharmachemPharmaceuticalsCrisil Limited has upgraded its rating to CRISIL BB/STABLE/ CRISILA4+30 Mar 2026Rating Downgraded-0.5% +6.2% +8.0%₹24375 Cr22.6vs 28.5-4.3%+0.8%
Chemplast SanmarSpecialty ChemicalsChemplast Sanmar Limited has informed the Exchange about Credit Rating- Revision26 Mar 2026Rating Downgraded-2.3% -10.1% -12.9%₹1772,796 Cr-11.0%+21.5%
Shemaroo Enter.Media & EntertainmentShemaroo Entertainment Limited has informed the Exchange about Credit Rating- Revision25 Mar 2026Rating Downgraded-20.0% +9.4% +13.1%₹128368 Cr-106.4%-2.7%
Bombay Super Hybrid SeedsOther Agricultural ProductsBombay Super Hybrid Seeds Limited has informed the Exchange about Credit Rating25 Mar 2026Rating Downgraded-16.2% +30.2% +34.7%₹86.74910 Cr37.4vs 14.021.3%+147.4%
Standard Capital MarketsNon Banking Financial Company (NBFC)The Board of Director has approved the Amendment in Repayment Term in NCD and approved the Partial Redeemption of NCD20 Mar 2026Debt Restructured-8.3% -18.8% -18.8%₹0.3688 Cr1.0vs 17.5+236.9%
SepcCivil ConstructionUpdate on Earlier Intimation regarding the Credit Ratings received from CRISIL Ratings Limited and Infomerics Valuation and Rating Ltd. Detailed Letter is enclosed.17 Mar 2026Rating Downgraded×2+2.3% -0.4% +51.6%₹5.811,129 Cr19.4vs 15.42.8%+15.3%
Starlineps EnterprisesTrading - MineralsThe Company has executed the revised loan agreement with the South Indian Bank14 Mar 2026Debt Restructured-0.1% -2.8% +20.4%₹7.12307 Cr39.60.9%+101.6%
Chemfab AlkalisCHEMFABChemfab Alkalis Limited has informed the Exchange about Credit Rating14 Mar 2026Rating Downgraded+0.3% -4.3% +7.9%₹355510 Cr-0.0%-2.3%
PCBL ChemicalCarbon BlackPCBL Chemical Limited has informed the Exchange about Intimation regarding outcome of the meeting of the debenture holders of PCBL Chemical Limited pursuant to Regulation 51(2) of the SEBI LODR 2015, as amended w.r.t approval to the amendment to the debenture trust deed dated January 20, 2024 for deferring the testing of a financial covenant.13 Mar 2026Debt Restructured×2-2.5% +4.0% +11.6%₹31812,503 Cr148.53.4%-4.5%
Ashoka BuildconCivil ConstructionAshoka Buildcon Limited has informed the Exchange that pursuant to necessary approvals, the existing Class A CCDs are varied and converted to equivalent number of Class A OCDs effective March 13, 2026 by Ashoka Concessions Limited.13 Mar 2026Debt Restructured-3.1% -1.5% +18.2%₹1143,204 Cr0.7vs 15.431.4%+5.6%
Steelco GujaratIron & Steel ProductsAnnouncement under Regulation 30 of LODR relating to modification in the interest payment clause under existing terms of NCDs as well as creation of security and other matters.12 Mar 2026Debt Restructuredpending₹230114 Cr1.4vs 16.9-16.2%+1555.3%
Machino PlasticsAuto Components & EquipmentsCredit Rating from ICRA Limited-Disclosure Under Regulation-30 of SEBI (LODR) Regulations, 2015.12 Mar 2026Rating Downgraded×2pending₹251154 Cr36.1vs 26.90.8%+33.8%
India HomesResidential, Commercial ProjectsThe Company has received a sanction on 9/03/2026 for a one time settlement with J C flowers Asset Reconsturcution Private Limited in respect of all its secured borrowings.10 Mar 2026Debt Restructuredpending₹261,035 Cr-17.8%-100.0%
PakkaPaper & Paper ProductsPAKKA LIMITED has informed the Exchange about Credit Rating- Revision6 Mar 2026Rating Downgradedpending₹84.1378 Cr350.4vs 13.4+17.8%
Globe Civil ProjectsGLOBECIVILGlobe Civil Projects Limited has informed the Exchange about Credit Rating- Revision6 Mar 2026Rating Downgradedpending₹43257 Cr10.412.2%+52.7%
Dai-ichi KarkariaSpecialty ChemicalsEnclosed herewith Intimation of Revision in Credit Rating4 Mar 2026Rating Downgradedpending₹330246 Cr253.8vs 30.0-1.7%-41.1%
Laxmi Organic IndusSpecialty ChemicalsLaxmi Organic Industries Limited has informed the Exchange about Credit Rating2 Mar 2026Rating Downgradedpending₹1734,795 Cr51.2vs 30.03.5%+5.1%
Bajaj Auto2/3 WheelersBajaj Auto Limited has informed the Exchange regarding a press release dated February 27, 2026, issued by Bajaj Mobility AG, a step-down subsidiary of Bajaj Auto Limited, titled: Its wholly-owned subsidiary, KTM AG, strengthened its financial base through a successful refinancing, setting a clear course for growth.27 Feb 2026Debt Restructured×2pending₹11,7003.27 L Cr25.5vs 37.423.1%+13.3%
MSP Steel & PowerIron & Steel ProductsMSP Steel & Power Limited has informed the Exchange about General Updates-Exit from CDR scheme26 Feb 2026Debt Restructuredpending₹34.21,938 Cr10.7vs 16.9-2.3%+20.6%
Vishnu Prakash R Pungli LVPRPLVishnu Prakash R Punglia Limited has informed the Exchange about Credit Rating- Revision25 Feb 2026Rating Downgradedpending₹32.87410 Cr-25.4%-65.6%
Sigachi IndustriesSIGACHISigachi Industries Limited has informed the Exchange about Credit Rating- Revision25 Feb 2026Rating Downgradedpending₹30.151,152 Cr71.8-15.4%+10.3%
A2Z Infra EngineeringDiversified Commercial ServicesA2Z Infra Engineering Limited has informed the Exchange about One time settlement with Indian Bank24 Feb 2026Debt Restructuredpending₹15.3269 Cr+20.4%
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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.