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
Star Housing FinanceHousing Finance CompanySHFL rating moved to IND D non-cooperating, company in default22 Aug 2026Rating Downgraded×2pending₹5.1841 Cr6.1vs 13.9+7.4%
Fujiyama Power Systems LUTLSOLARCRISIL lifts rating watch, reaffirms ratings with stable outlook18 Aug 2026Rating Downgraded+0.7% ₹47414,521 Cr44.826.8%+58.6%
Mankind PharmaPharmaceuticalsMankind Pharma realigns NCD security, releases BSVL share pledge17 Aug 2026Debt Restructured+0.6% ₹2,38498,412 Cr52.3vs 28.510.8%-6.9%
MphasisComputers - Software & ConsultingMphasis ESG score falls to 72.6 from 74.5, retains Grade B14 Aug 2026Rating Downgraded-4.4% ₹2,43046,371 Cr24.3vs 19.521.3%+8.7%
Landmark Pr.dev.co.ltdReal Estate related servicesEterna seeks extension to repay Rs 35.11 crores to Landmark Property Development12 Aug 2026Debt Restructured+29.4% ₹7.2297 Cr30.1vs 19.64.8%
Deccan CementsCement & Cement ProductsCARE downgrades Deccan Cements long-term rating from BBB+ to BBB12 Aug 2026Rating Downgraded×3-1.3% ₹554776 Cr61.3vs 23.22.5%+52.4%
Coastal CorporationSeafoodCARE downgrades Coastal Corporation bank facilities to CARE D from CARE BB7 Aug 2026Rating Downgraded×2-3.1% -3.1% ₹40.11269 Cr5.6vs 14.08.3%+103.3%
Prime FocusPFOCUSBoard approves Rs 200 Cr corporate guarantee for subsidiary DNEG India6 Aug 2026Debt Restructured-2.7% -1.4% ₹29823,125 Cr100.09.8%+30.5%
Dhampur Sugar MillsSugarIndia Ratings downgrades Dhampur Sugar long-term rating3 Aug 2026Rating Downgraded+2.9% +12.1% ₹1861,197 Cr8.3vs 8.85.8%-3.5%
STRLNG & Wil Ren EneCivil ConstructionAcuite downgrades and withdraws credit ratings on multiple facilities31 Jul 2026Rating Downgraded+2.0% -0.5% ₹1934,497 Cr17.1vs 15.4-22.3%+11.3%
R.P.P Infra ProjectsCivil ConstructionCRISIL downgrades RPP Infra ratings on weaker operating performance31 Jul 2026Rating Downgraded×2-1.9% -3.3% ₹57.5285 Cr143.8vs 15.42.0%+42.6%
ShalbyHospitalICRA downgrades Shalby rating to A from A+; outlook revised to Stable from Negative27 Jul 2026Rating Downgraded×2-0.2% +0.3% ₹1531,640 Cr57.8vs 44.94.8%+0.7%
Larsen & ToubroCivil ConstructionL&T ESG score revised down to 69.8 from 71.3 by SES Research27 Jul 2026Rating Downgraded×2+1.2% +7.1% ₹4,0935.63 L Cr33.0vs 15.411.9%+21.7%
Supreme Infra.Civil ConstructionSupreme Infra achieves final milestone in lender settlement scheme21 Jul 2026Debt Restructured×2+15.5% +11.3% +12.6%₹87842 Cr0.0vs 15.4+255.9%
Neogen ChemicalsSpecialty ChemicalsNeogen Chemicals and Ionics ratings downgraded by CRISIL18 Jul 2026Rating Downgraded×2+0.4% -5.2% +4.4%₹2,2225,862 Cr194.2vs 30.02.4%+18.2%
Kuantum PapersPaper & Paper ProductsFixed Deposit rating downgraded from CARE A to CARE A-17 Jul 2026Rating Downgraded×3-1.4% +2.6% +6.1%₹74.1647 Cr16.3vs 13.42.8%+7.6%
L&T FinanceInvestment CompanyESG score revised marginally to 81.9, retains Grade A rating14 Jul 2026Rating Downgraded-1.8% -4.0% -0.2%₹31779,427 Cr25.7vs 24.9+10.0%
Rama Steel TubesIron & Steel ProductsICRA withdraws ratings on Rama Steel Tubes bank facilities13 Jul 2026Rating Downgraded-0.7% -5.1% -2.2%₹4.01656 Cr50.1vs 16.93.2%-23.2%
DPSCDPSCLTDCredit rating cut to default grade; firm under insolvency10 Jul 2026Rating Downgraded×2-0.3% -1.2% -0.1%₹7.141,127 Cr89.3-2.7%-16.1%
Control PrintComputers Hardware & EquipmentsCRISIL downgrades Control Print ratings to BB over cooperation issue9 Jul 2026Rating Downgraded×2+1.6% -0.3% -9.9%₹577923 Cr28.0vs 23.115.5%+24.9%
Trident TexofabOther Textile ProductsCRISIL downgrades Trident Texofab rating to B/Stable from B+6 Jul 2026Rating Downgraded-5.4% -7.0% -34.2%₹23.2435 Cr7.3vs 15.31.7%-12.1%
Ovobel FoodsMeat Products including PoultryCRISIL downgrades Ovobel Foods long-term rating to BB3 Jul 2026Rating Downgraded+0.5% +0.5% -12.9%₹256243 Cr9.3vs 8.329.0%+35.9%
Sical LogisticsSICALLOGSical Logistics secures Rs 115 cr loans from Axis Bank for refinancing and working capital2 Jul 2026Debt Restructured×2-4.0% -8.1% +14.6%₹110878 Cr7.67.7%+17.1%
India Home LoanHousing Finance CompanyIndia Home Loan restructures about Rs 17.5 crore loan with IDFC First Bank1 Jul 2026Debt Restructured-0.6% -1.7% -1.8%₹32.1546 Cr321.5vs 13.9-0.6%
Shri Bajrang Alliance LIron & Steel ProductsCredit rating downgraded to IVR BBB minus Stable on Rs 25 Cr facility24 Jun 2026Rating Downgraded-2.3% +7.3% -3.2%₹172155 Cr3.5vs 16.90.9%-41.2%
Vikran EngineeringCivil ConstructionCredit rating downgraded by Infomerics20 Jun 2026Rating Downgraded×4-4.9% -0.1% -6.0%₹63.11,627 Cr14.5vs 15.49.4%
RLFOther Textile ProductsRLF board approves converting promoter loans of 1.37 cr into equity17 Jun 2026Debt Restructured×2+5.5% +1.5% -11.2%₹9.459 Cr13.9vs 15.3-0.2%
Tirupati SarjanResidential, Commercial ProjectsPursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requiements) Regulations, 2015 we would like to inform about the revision in the Credit Ratings of the Company by CRISIL.10 Jun 2026Rating Downgraded-0.8% -1.8% +3.8%₹8.428 Cr5.9vs 17.45.2%+2.8%
Share Ind. SecuritiesStockbroking & AlliedPursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed herewith disclosures pertaining to revision in credit rating.29 May 2026Rating Downgraded×2+0.9% -4.8% +0.4%₹1743,808 Cr11.6vs 15.8+22.0%
Mukka ProteinsAnimal FeedMukka Proteins Limited has informed the Exchange about Credit Rating- Revision26 May 2026Rating Downgraded×2-1.7% -6.3% +2.2%₹26.67800 Cr10.8vs 14.812.8%+55.6%
Dwarikesh Sugar IndSugarAs per attachment25 May 2026Rating Downgraded×2-1.2% -1.0% -3.9%₹53.75996 Cr6.8vs 8.84.4%+73.0%
Hester BiosciencesPharmaceuticalsHester Biosciences Limited has informed the Exchange about General Updates - Announcement under Regulation 30 of Listing Regulations - Disclosure on amendments in loan agreement of Hester Africa20 May 2026Debt Restructured×3+2.9% +9.7% +17.1%₹2,3562,004 Cr38.8vs 28.513.2%+41.1%
Magnum VenturesPaper & Paper ProductsMagnum Ventures Limited has informed the Exchange about Credit Rating19 May 2026Debt Restructured×2+3.9% +3.2% +1.2%₹19.25132 Cr11.6vs 13.4-1.4%
Ramkrishna ForgingsAuto Components & EquipmentsRevision of credit ratings of the Company by India Ratings & Research19 May 2026Rating Downgraded×2+1.1% +1.7% +4.6%₹73513,337 Cr95.7vs 26.92.0%+34.1%
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%₹21.95102 Cr12.3vs 16.213.3%+52.3%
Tega IndustriesIndustrial ProductsTega Industries Limited has informed the Exchange about Credit Rating- Revision15 May 2026Rating Downgraded×2-1.8% +0.1% +11.9%₹1,74813,132 Cr102.7vs 23.85.4%+30.0%
Kabra Extrusion Technik LIndustrial ProductsKabra Extrusion Technik Limited has informed the Exchange about Credit Rating- Revision13 May 2026Rating Downgraded×2+2.1% -0.4% +5.0%₹5601,960 Cr509.4vs 23.8-1.7%-10.7%
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%₹1691.79 L Cr35.4vs 26.98.2%+13.7%
Growington Ventures India LimiTrading & DistributorsOutcome of Board Meeting held on 04th May, 20264 May 2026Debt Restructured+1.2% -4.7% -9.4%₹0.8152 Cr6.8vs 13.88.1%+73.9%
Sbec SugarSugarIntimation for receiving balance amount under One Time Settlement agreement entered by Company with Modi Industries Limited on February 03, 20264 May 2026Debt Restructured+1.4% -5.1% +78.6%₹68324 Cr2.0vs 8.87.4%-24.0%
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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.