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
Ramkrishna ForgingsAuto Components & EquipmentsRevision of credit ratings of the Company by India Ratings & Research19 May 2026Rating Downgraded×2+1.1% +1.7% +4.6%₹69312,605 Cr117.7vs 26.72.0%+19.8%
Jet Freight LogisticsLogistics Solution ProviderPlease find enclosed the Credit Rating withdrawn letter by India Ratings and Research Private Limited.15 May 2026Rating Downgraded×3+0.7% +6.7% +4.9%₹19.2489 Cr11.8vs 15.713.3%+49.5%
Tega IndustriesIndustrial ProductsTega Industries Limited has informed the Exchange about Credit Rating- Revision15 May 2026Rating Downgraded×2-1.8% +0.1% +11.9%₹1,95814,712 Cr516.7vs 28.55.4%+384.0%
KabraextrusionIndustrial ProductsKabra Extrusion Technik Limited has informed the Exchange about Credit Rating- Revision13 May 2026Rating Downgraded×2+2.1% -0.4% +5.0%₹7732,703 Cr5521.4vs 28.5-1.7%+44.8%
Eastern TreadsTyres & Rubber ProductsRevised Credit Rating12 May 2026Rating Downgraded-1.2% +0.2% -3.2%₹2916 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%₹1531.62 L Cr36.9vs 26.78.2%+16.6%
DCX SystemsAerospace & DefenseDcx Systems Limited has informed the Exchange about Credit Rating- Revision8 May 2026Rating Downgraded×2-10.7% -12.0% -21.1%₹1541,715 Cr—0.6%-53.6%
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%₹18.941,390 Cr—0.3%-2.4%
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%₹26.981,980 Cr—0.3%-2.4%
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%₹22.91,443 Cr—51.9%+229.9%
Growington Ventures India LimiTrading & DistributorsOutcome of Board Meeting held on 04th May, 20264 May 2026Debt Restructured+1.2% -4.7% -9.4%₹0.5636 Cr7.0vs 15.88.1%+190.3%
Signatureglobal IndiaResidential Commercial ProjectsIntimation of revision in ESG Rating1 May 2026Rating Downgraded+0.2% +4.5% -6.3%₹7089,961 Cr9.5vs 20.834.7%-36.2%
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%₹68157 Cr8.7vs 36.5-249.4%-22.9%
Krystal Integrated SerDiversified Commercial ServicesKrystal Integrated Services Limited has informed the Exchange about Credit Rating30 Apr 2026Rating Downgraded+0.1% +0.3% -3.9%₹634886 Cr13.6vs 13.614.5%+11.7%
Setco AutomotiveSETCOSetco Automotive Limited has informed the Exchange about General Updates25 Apr 2026Debt Restructured+6.1% +9.8% +12.3%₹18241 Cr——+10.8%
Khaitan Chem & FertKHAICHEMKhaitan Chemicals & Fertilizers Limited has informed the Exchange about Credit Rating- Revision24 Apr 2026Rating Downgraded-13.7% -7.0% -10.2%₹47.51461 Cr8.522.5%-5.7%
AGS Transact TechFinancial Technology (Fintech)AGS Transact Technologies Limited has informed the Exchange about Credit Rating- Revision22 Apr 2026Rating DowngradedDebt Restructuredpending₹2.3730 Cr—3.8%-43.9%
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%₹79.172 Cr8.8vs 25.78.7%-7.7%
Il&fs Trans NetIL&FSTRANSPayment to NCD Holders under 3rd Interim Distribution17 Apr 2026Debt Restructured×3-4.5% -9.7% -10.9%₹2.0166 Cr—6.5%—
Incredible IndustriesIron & Steel ProductsINCREDIBLE INDUSTRIES LIMITED has informed the Exchange about Credit Rating- Revision13 Apr 2026Rating Downgraded+5.1% -0.6% +1.6%₹30140 Cr11.5vs 17.09.3%-3.1%
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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.