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: 100 companies with downgrades & restructuring. See the other side →
CompanyWhy it’s here — the filingReaction 1d / 1w / 1mPriceMcapP/EROCERev YoY
Sammaan CapitalHousing Finance CompanyBrickwork upgrades Sammaan Capital long-term rating to BWR AAA with stable outlook26 Aug 2026Rating Upgraded×11-2.0% +5.3% -7.6%₹12814,871 Cr——-31.2%
ArvindGarments & ApparelsCARE upgrades Arvind credit rating to AA with stable outlook25 Aug 2026Rating Upgraded+0.5% +2.4% +0.8%₹51213,418 Cr32.4vs 18.211.9%+24.6%
Neuland LabPharmaceuticalsCRISIL reaffirms ratings; outlook revised to Positive25 Aug 2026Rating Upgraded+2.0% -1.5% -6.6%₹21,01527,109 Cr54.2vs 31.222.0%+119.2%
Zydus LifesciencesPharmaceuticalsESG rating upgraded to 66 by CRISIL, now in 'strong' category25 Aug 2026Rating Upgraded+5.6% -0.4% +8.0%₹1,1121.11 L Cr24.8vs 31.218.0%+22.0%
Axis BankPrivate Sector BankAxis Bank to redeem USD 600M AT1 notes on Sep 8, 202624 Aug 2026Debt Prepaid+1.6% +2.8% -1.1%₹1,2453.87 L Cr13.9vs 12.1——
Ashiana HousingResidential Commercial ProjectsAshiana Housing pays interest and partial redemption on NCDs24 Aug 2026Debt Prepaid×3+1.3% +0.9% +7.3%₹3703,719 Cr30.7vs 20.813.1%-63.3%
Fineotex ChemicalSpecialty ChemicalsICRA upgrades Fineotex Chemical long-term rating to AA- Stable24 Aug 2026Rating Upgraded×2+2.6% -1.8% +22.0%₹566,521 Cr16.9vs 24.316.0%+174.8%
SRG Housing FinanceHousing Finance CompanySRG Housing Finance pays interest and partly redeems INE559N0706624 Aug 2026Debt Prepaid+1.2% -2.7% -42.9%₹121190 Cr5.5vs 11.1—+29.3%
Ivalue InfosolutionsComputers Hardware & EquipmentsICRA upgrades iValue Infosolutions credit rating to A+ and A1+24 Aug 2026Rating Upgraded-1.6% -16.7% -18.3%₹2261,236 Cr11.9vs 27.021.9%-21.1%
Wonderla HolidaysAmusement Parks/ Other RecreationCARE upgrades outlook to Positive on Wonderla bank facilities21 Aug 2026Rating Upgraded-1.7% +1.6% -2.5%₹5083,224 Cr31.65.8%+44.2%
Nuvoco Vistas CorpCement & Cement ProductsCRISIL reaffirms A1+ rating; Nuvoco cuts Commercial Paper limit by Rs 600 cr21 Aug 2026Debt Prepaid+0.5% +2.5% +5.1%₹32211,501 Cr29.8vs 29.83.7%+8.9%
Greenpanel IndustriesPlywood Boards/ LaminatesCARE reaffirms Greenpanel ratings, outlook revised to Stable21 Aug 2026Rating Upgraded-1.2% -0.2% +3.4%₹1531,879 Cr13.2vs 26.010.9%-10.2%
NMDC SteelIron & SteelCrisil upgrades NMDC Steel long-term rating to A/Stable from BBB+21 Aug 2026Rating Upgraded+1.8% +16.0% +7.5%₹39.0511,444 Cr126.0vs 15.20.5%+8.8%
Duroply IndustriesPlywood Boards/ LaminatesDuroply Industries: Credit Rating Upgraded by India Ratings20 Aug 2026Rating Upgraded-0.1% +2.9% +5.0%₹104113 Cr12.9vs 26.03.8%+4.9%
J & K BankPrivate Sector BankCredit ratings affirmed at IND AA-/Stable by India Ratings20 Aug 2026Debt Prepaid-0.5% -1.3% -2.8%₹13514,884 Cr6.5vs 12.1——
Indusind BankPrivate Sector BankIndusInd Bank: CRISIL revises outlook to Stable, reaffirms AA+ rating19 Aug 2026Rating Upgraded×3-1.1% -0.0% -5.7%₹86467,317 Cr50.9vs 12.1——
Thyrocare TechHealthcare Service ProviderAPI Holdings fully repays 1,700 crore NCDs; pledge on Thyrocare shares released19 Aug 2026Debt Prepaid-2.4% +4.7% -1.3%₹5007,959 Cr29.3vs 22.533.2%+24.3%
Allied Blend N DistilsBreweries & DistilleriesIndia Ratings upgrades ABD rating by two notches to IND AA- with Stable Outlook19 Aug 2026Rating Upgraded×2-3.8% -0.5% +7.0%₹69119,328 Cr88.3vs 26.017.8%+1.9%
IRM EnergyLPG/CNG/PNG/LNG SupplierCRISIL revises IRM Energy outlook to Stable, reaffirms AA- rating18 Aug 2026Rating Upgraded-1.1% -2.9% -6.9%₹2551,047 Cr14.3vs 14.47.1%+24.3%
Lords Mark IndustriesCredit rating upgraded to IVR A-/Stable by Infomerics18 Aug 2026Rating Upgraded+0.9% -7.0% +3.4%—————
Onesource Specl PharmaPharmaceuticalsCredit rating upgraded to IND A with Positive Outlook by Ind-Ra18 Aug 2026Rating Upgraded-1.9% -1.5% +3.2%₹1,48016,967 Cr—-1.4%+37.2%
Premier EnergiesOther Electrical EquipmentCRISIL Upgrades Premier Energies Long-Term Credit Rating to A+/Positive18 Aug 2026Rating Upgraded×2-1.3% -1.6% -10.9%₹88540,159 Cr23.8vs 24.625.7%+35.3%
Indo Tech TransformINDOTECHCredit rating affirmed, outlook revised to Positive by India Ratings17 Aug 2026Rating Upgraded×2+2.8% +3.3% -7.1%₹3,1553,351 Cr33.732.4%+39.0%
Robust HotelsHotels & ResortsCRISIL upgrades Robust Hotels bank loan ratings to BBB+ Stable and A217 Aug 2026Rating Upgraded-2.7% -1.0% +5.5%₹161278 Cr10.4vs 27.33.8%+1.9%
IIFL FinanceNon Banking Financial Company (NBFC)Fitch upgrades IIFL Finance rating to BB- from B+ with stable outlook17 Aug 2026Rating Upgraded×4+0.7% +1.0% -4.7%₹58124,725 Cr11.8vs 18.9—+32.7%
Fermenta BiotechPharmaceuticalsCARE upgrades Fermenta Biotech credit ratings17 Aug 2026Rating Upgraded-0.7% +5.5% +3.0%₹5451,562 Cr26.1vs 31.221.7%-10.6%
Paramount CosmeticsPersonal CareCredit Rating Withdrawn After Full Repayment of IDBI Bank Loans17 Aug 2026Debt Prepaid+1.2% -5.0% -12.4%₹37.4718 Cr17.6vs 35.61.3%-53.3%
Time TechnoplastPlastic Products - IndustrialTime Technoplast repays commercial paper on maturity in full14 Aug 2026Debt Prepaid×3-4.0% -3.9% -9.6%₹1828,971 Cr17.6vs 14.714.0%+25.1%
UPLPesticides & AgrochemicalsS&P revises outlook to Positive for UPL Corp subsidiary, BB rating affirmed14 Aug 2026Rating Upgraded×2-0.2% +2.5% -1.3%₹48140,649 Cr19.9vs 19.65.5%+10.5%
VedantaDiversified MetalsIndia Ratings upgrades Vedanta NCD rating to AA+ post-demerger transfer13 Aug 2026Rating Upgraded×5-0.5% +1.4% -5.2%₹25398,962 Cr5.08.6%-36.0%
Vedanta Aluminium MetalVAMLCredit rating upgraded to AA+/Stable from AA-13 Aug 2026Rating Upgraded-2.0% -0.7% -10.0%₹3741.46 L Cr26.0——
Navin Fluorine Int.Specialty ChemicalsCARE upgrades Navin Fluorine long-term bank facility ratings13 Aug 2026Rating Upgraded-1.8% -1.0% -1.0%₹8,40343,105 Cr54.5vs 24.316.4%+44.1%
Caprihans IndiaPlastic Products - IndustrialCaprihans India gets credit rating upgrade from Infomerics13 Aug 2026Rating UpgradedDebt Prepaid+15.0% +19.3% +16.5%₹105167 Cr—-5.7%-1.8%
The Ugar Sugar WorksOther Agricultural ProductsCredit rating upgraded to CARE BBB- with Stable outlook13 Aug 2026Rating Upgraded+13.1% +21.1% +13.7%₹55.53625 Cr9.1vs 12.6-13.0%-8.3%
FSN E Commerce VenturesE-Retail/ E-CommerceNykaa subsidiary fully redeems NCDs12 Aug 2026Debt Prepaid+1.5% +1.4% +3.1%₹33295,197 Cr373.4vs 13.317.8%+29.1%
BHELHeavy Electrical EquipmentBHEL Long-Term Credit Rating Upgraded to IND AA/Stable by India Ratings12 Aug 2026Rating Upgraded×2+4.2% +2.5% +2.4%₹4301.50 L Cr61.5vs 36.54.7%+40.3%
Iris Regtech SolutionSoftware ProductsICRA upgrades short-term rating to A2, reaffirms long-term at BBB Stable11 Aug 2026Rating Upgraded-2.7% -1.1% -3.1%₹211434 Cr3.5vs 19.68.3%+9.7%
ADF FoodsPackaged FoodsCRISIL upgrades ADF Foods long-term rating to A+/Stable11 Aug 2026Rating Upgraded-1.1% +0.9% -2.2%₹2883,165 Cr34.4vs 30.218.8%+25.9%
Larsen & ToubroCivil ConstructionL&T gets ESG score of 62, category 'Adequate' from NSE Ratings11 Aug 2026Rating Upgraded×5-1.4% +0.0% -3.7%₹3,6254.99 L Cr30.1vs 14.611.9%+6.7%
Refex IndustriesWaste ManagementRefex Industries gets Acuite rating upgrade on Rs 660 crore bank loans10 Aug 2026Rating Upgraded-1.4% -1.6% -8.2%₹2583,536 Cr14.3vs 15.519.1%+139.1%
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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): 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.