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: 117 companies with downgrades & restructuring. See the other side →
CompanyWhy it’s here — the filingReaction 1d / 1w / 1mPriceMcapP/EROCERev YoY
Irb Infra DevCivil ConstructionIRB Infrastructure Developers Limited has informed the Exchange about Credit Rating3 Apr 2026Rating UpgradedDebt Prepaid-6.4% +1.0% -0.4%₹18.9311,432 Cr16.0vs 15.42.5%+10.1%
AU Small Finance BankOther BankAU Small Finance Bank Limited has informed the Exchange about Credit Rating2 Apr 2026Debt Prepaid+2.0% +13.2% +18.1%₹1,10882,923 Cr55.2vs 42.1
Bambino Agro IndustriesPackaged FoodsCredit Rating Reaffirmed at BBB-/Stable; Short-Term Rated A31 Apr 2026Debt Prepaid+1.2% +8.6% +14.0%₹218174 Cr17.4vs 31.19.9%+6.8%
SRG Housing Finance LHousing Finance CompanySRG Housing Finance Limited has informed the Exchange about Credit Rating31 Mar 2026Rating Upgraded-3.8% +9.1% +7.9%₹264415 Cr11.9vs 13.9+19.7%
Tara Chand Infra SolnDiversified Commercial ServicesTara Chand InfraLogistic Solutions Limited has informed the Exchange about Credit Rating31 Mar 2026Rating Upgraded+9.4% +17.5% +18.2%₹48378 Cr44.4vs 15.18.6%
W.s.industries (I)Civil ConstructionW S Industries (I) Limited has informed the Exchange about Redemption of Non-Convertible Cumulative Redeemable Preference Shares and Partial Redemption of Non-Convertible Debentures31 Mar 2026Debt Prepaid+12.5% +16.3% +13.7%₹60.3458 Cr603.0vs 15.40.6%-13.4%
Ecoboard IndustriesPlywood Boards/ LaminatesDisclosure under regulation 30 Sanction of Cash Credit Limit and Bank Guarantee Facility on March 30, 2026 and closing of existing loan facility.31 Mar 2026Debt Prepaid+9.4% +19.9% +19.9%₹65.9174 Cr16.0vs 20.8-43.3%+334.6%
PTC India Fin ServNon Banking Financial Company (NBFC)Annual Interest Payment along with Principal Repayment (under Buyback for Infra Bond Series 2- INE560K07102 and INE560K07110) of PTC India Financial Services Limited for FY 2025-2631 Mar 2026Debt Prepaid+10.5% +20.9% +30.6%₹27.871,790 Cr9.5vs 17.5-9.7%
City Union BankPrivate Sector BankCity Union Bank Limited has informed the Exchange about Credit Rating31 Mar 2026Rating Upgraded+0.3% +4.3% +13.0%₹21716,087 Cr23.2vs 24.9
Agi GreenpacPackagingAGI Greenpac Limited has informed the Exchange about Credit Rating30 Mar 2026Debt Prepaid+7.6% +14.6% +35.6%₹7534,869 Cr13.0vs 18.516.5%+23.4%
Sunshield ChemicalsSpecialty ChemicalsPlease find attached credit rating assigned to the Company.30 Mar 2026Rating UpgradedDebt Prepaid+3.3% +5.7% +13.2%₹1,2501,098 Cr33.7vs 30.014.9%-0.6%
Bank OF IndiaPublic Sector BankBank Of India has informed the Exchange regarding 'Redemption of Additional Tier I Bond Series VII ISIN No.INE084A08144'.30 Mar 2026Debt Prepaid×2-2.3% +2.0% -3.5%₹14365,018 Cr23.1vs 15.1
Manorama IndustriesOther Food ProductsManorama Industries Limited has informed the Exchange about Credit Rating27 Mar 2026Rating Upgraded+1.8% +6.3% +23.1%₹1,92411,487 Cr45.9vs 12.142.4%+21.0%
PTC IndustriesCastings & ForgingsPtc Industries Limited has informed the Exchange about Credit Rating27 Mar 2026Rating Upgraded-3.0% -0.3% +4.5%₹20,72531,071 Cr270.7vs 28.97.5%+80.9%
DR. Lal Path LabsHealthcare Service ProviderDr. Lal Path Labs Ltd. has informed the Exchange about Credit Rating- Revision (Upgraded from CARE AA; Stable to CARE AA+; Stable)25 Mar 2026Rating Upgraded-2.3% +4.2% +6.1%₹1,88931,660 Cr71.1vs 22.824.8%-3.8%
Adani EnterprisesTrading - MineralsAdani Enterprises Limited has informed the Exchange regarding 'Intimation of early full redemption of NCDs by the Company.'.25 Mar 2026Debt Prepaid×2-0.1% +12.0% +27.2%₹2,9973.87 L Cr33.36.7%+52.7%
NLC IndiaPower GenerationNLC India Limited has informed the Exchange about Credit Rating24 Mar 2026Rating Upgraded+5.0% +4.6% +22.1%₹26937,335 Cr8.8vs 22.35.4%+20.7%
Tourism Finance Corp. OFFinancial InstitutionTourism Finance Corporation of India Limited has informed the Exchange about Credit Rating24 Mar 2026Rating Upgraded-0.3% +4.4% +13.2%₹1311,184 Cr14.3vs 11.7-18.8%
Advance AgrolifePesticides & AgrochemicalsAdvance Agrolife Limited has informed the Exchange about Credit Rating- Revision24 Mar 2026Rating Upgraded+11.0% +8.2% +27.5%₹119767 Cr21.6vs 25.014.6%-41.7%
Piramal FinanceNon Banking Financial Company (NBFC)Piramal Finance Limited has informed the Exchange about Credit Rating23 Mar 2026Rating Upgraded×3-0.4% -5.6% +3.5%₹2,17949,267 Cr27.4vs 17.5+19.2%
PrecotOther Textile ProductsPrecot Limited has informed the Exchange about Credit Rating- Revision21 Mar 2026Rating Upgraded+1.8% +11.1% +13.4%₹700840 Cr22.8vs 15.38.0%+110.9%
Laxmi India FinanceLAXMIINDIALaxmi India Finance Limited has informed the Exchange about Credit Rating20 Mar 2026Rating Upgraded-2.3% -1.4% +39.0%₹129672 Cr13.2+22.7%
Kaiser CorporationTrading & DistributorsIntimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201520 Mar 2026Debt Prepaid+1.1% +16.7% +18.3%₹6.233 Cr14.1vs 13.8-31.9%-40.4%
HCL TechnologiesComputers - Software & Consulting'Update on Release of Guarantee provided by the Company on USD denominated Senior Notes issued by HCL America Inc., a wholly owned step-down subsidiary'.19 Mar 2026Debt Prepaid×2+3.0% +5.8% +8.1%₹1,3033.54 L Cr20.9vs 19.526.2%+6.4%
Bharat GearsAuto Components & EquipmentsBharat Gears Limited has informed the Exchange about Credit Rating- RevisionPursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the ratings for the Bank Loan Facilities of the Company have been revised as per the details attached.You are requested to take the same on your records.19 Mar 2026Rating Upgraded-4.8% -6.1% +11.6%₹101154 Cr10.1vs 26.911.6%+2.7%
MSP Steel & PowerIron & Steel ProductsMSP Steel & Power Limited has informed the Exchange about Credit Rating19 Mar 2026Rating Upgraded-9.5% +3.2% +18.7%₹34.21,938 Cr10.7vs 16.9-2.3%+20.6%
Sical LogisticsSICALLOGSical Logistics Limited has informed the exchange about the partial repayment of rupee term loan facility availed from Aditya Birla Capital Limited and other lenders (collectively called as "Lenders")19 Mar 2026Debt Prepaid-0.0% -1.7% +10.4%₹110878 Cr7.67.7%+17.1%
Captain PolyplastPlastic Products - IndustrialCredit Rating upgraded to BBB For Long Term Facilities and A3+ For Short Term Facilities.19 Mar 2026Rating Upgraded+0.1% +0.6% +11.8%₹66.99403 Cr14.3vs 16.717.9%+80.3%
Purple FinanceNon Banking Financial Company (NBFC)Please find enclosed Intimation of Redemption of Unsecured, Redeemable, Unlisted Non-Convertible Debentures.18 Mar 2026Debt Prepaid-5.3% -10.4% +17.5%₹72424 Cr+172.0%
Donear Ind.Other Textile ProductsDonear Industries Limited has informed the Exchange about Credit Rating18 Mar 2026Rating Upgraded-1.9% -4.4% +4.7%₹87.25454 Cr8.6vs 15.318.9%+0.9%
Ramky InfraCivil ConstructionRamky Infrastructure Limited has informed the Exchange about Credit Rating- New18 Mar 2026Rating Upgraded-4.1% -6.1% +5.6%₹3942,728 Cr11.2vs 15.412.9%+7.4%
Icici BankPrivate Sector BankICICI Bank Limited has informed the Exchange about the Redemption of USD 800,000,000 notes issued under Global Medium TermNote Programme.18 Mar 2026Debt Prepaid-3.3% -6.1% +4.8%₹1,42010.17 L Cr37.2vs 24.9
Qgo FinanceNon Banking Financial Company (NBFC)The Company has redeemed total 550 unlisted unsecured redeemable non-convertible debentures(NCDs) of face value Rs. 1,00,000/- each, aggregating to Rs. 5,50,00,000/-(Rupees Five Crore Fifty ....18 Mar 2026Debt Prepaid×3+2.4% 0.0% +5.8%₹41.9929 Cr30.6vs 17.5
Godavari Biorefineries LDiversified FMCGGodavari Biorefineries Limited has informed the Exchange about Credit Rating17 Mar 2026Debt Prepaid+1.3% -3.9% +2.2%₹2441,248 Cr10.2vs 16.40.4%+31.0%
All Time PlasticsHousewareAll Time Plastics Limited has informed the Exchange about Credit Rating- Revision16 Mar 2026Rating Upgraded+9.5% -1.5% +10.1%₹2021,324 Cr34.0vs 32.26.9%-1.1%
Suryaamba Spinning MillsOther Textile ProductsWithdrawal of Credit Rating14 Mar 2026Debt Prepaid+2.4% -3.0% -1.2%₹12537 Cr12.0vs 15.34.3%-13.8%
Star Housing FinanceHousing Finance CompanyClarification on Intimation for Notice of Put Option dated 12th March 202613 Mar 2026Debt Prepaid-9.5% -14.1% +23.0%₹5.1841 Cr6.1vs 13.9+7.4%
Balkrishna Ind.Tyres & Rubber ProductsBalkrishna Industries Limited has informed the Exchange about General Updates13 Mar 2026Debt Prepaid-2.7% -0.5% +5.6%₹2,35245,470 Cr33.4vs 24.113.0%+22.5%
NGL Fine ChemPharmaceuticalsNGL Fine-Chem Limited has informed the Exchange about Credit Rating- Revision13 Mar 2026Rating Upgraded-8.3% -11.3% -6.8%₹2,9491,822 Cr33.4vs 28.516.0%+24.1%
Aavas FinanciersHousing Finance CompanyAavas Financiers Limited has informed the Exchange about Credit Rating13 Mar 2026Debt Prepaid-4.8% -5.7% +8.7%₹1,35310,704 Cr21.5vs 13.9+9.9%
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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): 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.