 Kings Infra VenturesSeafood | Credit rating downgraded to IVR B Negative; issuer not cooperating6 Oct 2026Rating Downgraded | -10.0% — — | ₹62.51 | 153 Cr | 10.5vs 10.5 | 18.3% | -10.8% |
 Clean Max Enviro EN SolPower Generation | BSE approves change of 40,000 NCDs from unsecured to secured1 Oct 2026Debt Restructured | +7.1% — — | ₹1,348 | 15,804 Cr | 111.0vs 20.4 | 0.7% | — |
 ABC IndiaRoad Transport | Credit Rating Downgraded by CARE from BB Plus to BB1 Oct 2026Rating Downgraded | +3.1% — — | ₹63 | 34 Cr | 14.2vs 13.3 | 3.5% | +9.1% |
 Chembond MaterialtechCHEMBOND | CRISIL downgrades Chembond bank facility ratings to BB over non-cooperation1 Oct 2026Rating Downgraded | -0.6% — — | ₹182 | 245 Cr | 16.8 | 9.2% | +25.6% |
 Themis MedicarePharmaceuticals | CARE Ratings downgrades Themis Medicare bank facility ratings30 Sept 2026Rating Downgraded | -1.7% — — | ₹110 | 1,009 Cr | 25.2vs 31.2 | -2.8% | -10.9% |
 Bombay Super Hybrid SeedsOther Agricultural Products | Bombay Super Hybrid Seeds bank facility rating downgraded to BB+ by CARE30 Sept 2026Rating Downgraded | -2.6% — — | ₹77 | 808 Cr | 27.9vs 12.6 | 21.3% | +19.4% |
 Welspun Specialty SolIron & Steel Products | CARE assigns AA-/A1+ ratings after parent guarantee release29 Sept 2026Rating Downgraded | +0.1% — — | ₹48.9 | 3,472 Cr | 148.2vs 17.0 | 4.8% | +9.8% |
 Vadilal EnterprisesDairy Products | Vadilal Enterprises credit rating downgraded, placed on negative watch23 Sept 2026Rating Downgraded | -1.3% -5.0% — | ₹9,822 | 845 Cr | 81.1vs 26.3 | 17.4% | +30.2% |
 JAI Balaji IndustriesJAIBALAJI | CRISIL downgrades Jai Balaji Industries rating on Rs 995 Cr bank loans23 Sept 2026Rating Downgraded×2 | +1.3% -4.7% — | ₹68.05 | 6,208 Cr | 21.2 | 5.7% | -13.1% |
 Kohinoor FoodsOther Food Products | Completed OTS payment under Revive Plan; received No Dues from lenders22 Sept 2026Debt Restructured | -0.7% -7.9% — | ₹28.98 | 107 Cr | 1.3vs 25.7 | 760.3% | +81.8% |
 Panache DigilifeIT Enabled Services | Credit rating withdrawn at company's request after prior downgrade18 Sept 2026Rating Downgraded | -2.4% -1.2% — | ₹603 | 966 Cr | 48.2vs 18.5 | 19.9% | +72.1% |
 KalpataruResidential Commercial Projects | CRISIL downgrades Kalpataru rating to BBB/Stable from BBB+/Stable10 Sept 2026Rating Downgraded×2 | -3.6% +5.3% — | ₹258 | 5,317 Cr | 42.3vs 20.8 | 1.4% | +6.5% |
 Supreme Infra.Civil Construction | Corporate guarantee exposure cut by nearly 80 percent via resolution plan10 Sept 2026Debt Restructured×3 | -2.3% -7.3% — | ₹50.81 | 495 Cr | 0.1vs 14.6 | 1449.2% | +8.9% |
 Sbec SugarSugar | Loan agreement with Pristine Industries amended; tenure extended9 Sept 2026Debt Restructured×2 | -1.0% +1.7% — | ₹76.4 | 364 Cr | 19.5vs 16.0 | 7.4% | -24.0% |
 B.l.kashyap & SonCivil Construction | B.L. Kashyap to pay Rs 52.5 crore to CDR lenders by March 202731 Aug 2026Debt Restructured | -4.5% -5.7% -14.2% | ₹52 | 1,172 Cr | 2600.0vs 14.6 | 3.9% | +2.6% |
 Deccan CementsCement & Cement Products | Rating downgraded on withdrawn NCD proposal, company disputes it26 Aug 2026Rating Downgraded×5 | -1.7% -0.7% -6.7% | ₹533 | 746 Cr | 126.8vs 29.8 | 2.5% | +45.7% |
 Harish Textile Engineers LimitIndustrial Products | NCD holders extend redemption deadline to 31 January 202725 Aug 2026Debt Restructured | +2.3% +9.6% +4.8% | ₹66 | 22 Cr | 4.2vs 28.5 | 45.8% | +24.2% |
 Sadbhav EngineeringRoad Assets - Toll Annuity Hybrid-Annuity | SBI and ICICI Bank join Sadbhav Engineering debt restructuring plan25 Aug 2026Debt Restructured×2 | +4.1% +0.4% -11.5% | ₹6.73 | 115 Cr | 3.9 | 9.1% | -8.1% |
 Star Housing FinanceHousing Finance Company | SHFL rating moved to IND D non-cooperating, company in default22 Aug 2026Rating Downgraded×2 | -3.1% -4.4% -13.1% | ₹3.96 | 31 Cr | 4.7vs 11.1 | — | +7.4% |
 Fujiyama Power SystemsUTLSOLAR | CRISIL lifts rating watch, reaffirms ratings with stable outlook18 Aug 2026Rating Downgraded | +0.7% -4.7% -10.6% | ₹412 | 12,643 Cr | 219.1 | — | — |
 Mankind PharmaPharmaceuticals | Mankind Pharma realigns NCD security, releases BSVL share pledge17 Aug 2026Debt Restructured | +0.6% +0.4% -2.8% | ₹2,380 | 98,294 Cr | 48.1vs 31.2 | 10.8% | +12.9% |
 MphasisComputers - Software & Consulting | Mphasis ESG score falls to 72.6 from 74.5, retains Grade B14 Aug 2026Rating Downgraded | -4.4% -5.5% -9.4% | ₹2,303 | 43,967 Cr | 23.0vs 15.6 | 21.3% | +17.5% |
 Landmark Pr.dev.co.ltdReal Estate related services | Eterna seeks extension to repay Rs 35.11 crores to Landmark Property Development12 Aug 2026Debt Restructured | +29.4% +16.5% -4.1% | ₹6.18 | 83 Cr | 9.7vs 11.5 | 4.8% | — |
 Coastal CorporationSeafood | CARE downgrades Coastal Corporation bank facilities to CARE D from CARE BB7 Aug 2026Rating Downgraded | -3.1% -3.1% -8.3% | ₹34.3 | 230 Cr | 5.8vs 10.5 | 8.3% | +38.2% |
 Prime FocusPFOCUS | Board approves Rs 200 Cr corporate guarantee for subsidiary DNEG India6 Aug 2026Debt Restructured | -2.7% -1.4% +8.5% | ₹272 | 21,121 Cr | 176.6 | 9.8% | +23.8% |
 Gujarat Alkalies & ChemCommodity Chemicals | Long-term rating downgraded by CARE Ratings to AA-, outlook stable4 Aug 2026Rating Downgraded×2 | -1.1% +1.2% +2.6% | ₹594 | 4,362 Cr | 65.7vs 18.9 | 0.7% | +12.7% |
 Dhampur Sugar MillsSugar | India Ratings downgrades Dhampur Sugar long-term rating3 Aug 2026Rating Downgraded | +2.9% +12.1% +16.3% | ₹184 | 1,180 Cr | 16.8vs 16.0 | 5.8% | +6.1% |
 R.P.P Infra ProjectsCivil Construction | CRISIL downgrades RPP Infra ratings on weaker operating performance31 Jul 2026Rating Downgraded×2 | -1.9% -3.3% -7.8% | ₹53 | 263 Cr | 63.9vs 14.6 | 2.0% | +0.0% |
 ShalbyHospital | ICRA downgrades Shalby rating to A from A+; outlook revised to Stable from Negative27 Jul 2026Rating Downgraded×2 | -0.2% +0.3% -5.3% | ₹130 | 1,403 Cr | 37.3vs 42.4 | 4.8% | +11.7% |
 Larsen & ToubroCivil Construction | L&T ESG score revised down to 69.8 from 71.3 by SES Research27 Jul 2026Rating Downgraded×2 | +1.2% +7.1% +6.5% | ₹3,625 | 4.99 L Cr | 30.1vs 14.6 | 11.9% | +6.7% |
 Neogen ChemicalsSpecialty Chemicals | Neogen Chemicals and Ionics ratings downgraded by CRISIL18 Jul 2026Rating Downgraded×2 | +0.4% -5.2% +4.4% | ₹2,378 | 6,511 Cr | 178.9vs 24.3 | 2.4% | +34.0% |
 Kuantum PapersPaper & Paper Products | Fixed Deposit rating downgraded from CARE A to CARE A-17 Jul 2026Rating Downgraded×3 | -1.4% +2.6% +6.1% | ₹73.82 | 644 Cr | 17.9vs 14.4 | 2.8% | +36.3% |
 L&T FinanceInvestment Company | ESG score revised marginally to 81.9, retains Grade A rating14 Jul 2026Rating Downgraded | -1.8% -4.0% -0.2% | ₹257 | 64,463 Cr | 20.3vs 21.5 | — | +23.1% |
 Rama Steel TubesIron & Steel Products | ICRA withdraws ratings on Rama Steel Tubes bank facilities13 Jul 2026Rating Downgraded | -0.7% -5.1% -2.2% | ₹4.15 | 679 Cr | 37.7vs 17.0 | 3.2% | -16.7% |
 DPSCDPSCLTD | Credit rating cut to default grade; firm under insolvency10 Jul 2026Rating Downgraded×4 | -0.3% -1.2% -0.1% | ₹6.42 | 1,013 Cr | 80.3 | -2.7% | +10.6% |
 Control PrintComputers Hardware & Equipments | CRISIL downgrades Control Print ratings to BB over cooperation issue9 Jul 2026Rating Downgraded×2 | +1.6% -0.3% -9.9% | ₹615 | 983 Cr | 25.2vs 27.0 | 15.5% | +3.8% |
 Trident TexofabOther Textile Products | CRISIL downgrades Trident Texofab rating to B/Stable from B+6 Jul 2026Rating Downgraded | -5.4% -7.0% -34.2% | ₹20.58 | 31 Cr | 35.5vs 16.4 | 1.7% | -12.1% |
 Ovobel FoodsMeat Products including Poultry | CRISIL downgrades Ovobel Foods long-term rating to BB3 Jul 2026Rating Downgraded | +0.5% +0.5% -12.9% | ₹264 | 251 Cr | 6.5vs 7.3 | 29.0% | +31.8% |
 PVP VenturesResidential Commercial Projects | PVP Ventures defers NCD principal repayment to June 20273 Jul 2026Debt Restructured | -5.9% +0.4% -5.8% | ₹50.49 | 1,315 Cr | 252.4vs 20.8 | -1.3% | +165.2% |
 Sical LogisticsSICALLOG | Sical Logistics secures Rs 115 cr loans from Axis Bank for refinancing and working capital2 Jul 2026Debt Restructured×2 | -4.0% -8.1% +14.6% | ₹85.99 | 686 Cr | 8.3 | 7.7% | +35.9% |
