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
Clean Max Enviro EN SolPower GenerationBSE approves change of 40,000 NCDs from unsecured to secured1 Oct 2026Debt Restructured+7.1% — —₹1,34815,804 Cr111.0vs 20.40.7%—
JAI Balaji IndustriesJAIBALAJICRISIL downgrades Jai Balaji Industries rating on Rs 995 Cr bank loans23 Sept 2026Rating Downgraded×2+1.3% -4.7% —₹68.056,208 Cr21.25.7%-13.1%
KalpataruResidential Commercial ProjectsCRISIL downgrades Kalpataru rating to BBB/Stable from BBB+/Stable10 Sept 2026Rating Downgraded×2-3.6% +5.3% —₹2585,317 Cr42.3vs 20.81.4%+6.5%
Fujiyama Power SystemsUTLSOLARCRISIL lifts rating watch, reaffirms ratings with stable outlook18 Aug 2026Rating Downgraded+0.7% -4.7% -10.6%₹41212,643 Cr219.1——
Neogen ChemicalsSpecialty ChemicalsNeogen Chemicals and Ionics ratings downgraded by CRISIL18 Jul 2026Rating Downgraded×2+0.4% -5.2% +4.4%₹2,3786,511 Cr178.9vs 24.32.4%+34.0%
How this list is built

A company appears when an NSE/BSE filing inside the last 90 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.