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
Fujiyama Power Systems LUTLSOLARCRISIL lifts rating watch, reaffirms ratings with stable outlook18 Aug 2026Rating Downgraded+0.7% ₹47414,521 Cr44.826.8%+58.6%
Gujarat Alkalies & ChemCommodity ChemicalsLong-term rating downgraded by CARE Ratings to AA-, outlook stable4 Aug 2026Rating Downgraded×2-1.1% +1.2% ₹6875,045 Cr0.7%+3.9%
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 29.12.4%+18.2%
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%
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%
Signatureglobal IndiaResidential Commercial ProjectsIntimation of revision in ESG Rating1 May 2026Rating Downgraded+0.2% +4.5% -6.3%₹79311,142 Cr11.0vs 22.334.7%+227.1%
PC JewellerGems Jewellery And WatchesPC Jeweller Limited has informed the Exchange regarding 'Update on reduction of outstanding debt payable to banks under theJoint Settlement Agreement with Consortium Lenders'.10 Apr 2026Debt Restructured+2.7% +5.4% -6.4%₹10.218,831 Cr11.1vs 20.38.6%+12.4%
Orchid PharmaPharmaceuticalsOrchid Pharma Limited has informed the Exchange about Credit Rating- Revision2 Apr 2026Rating Downgraded-1.3% +8.4% +26.2%₹1,0085,112 Cr229.1vs 28.51.3%+22.8%
PCBL ChemicalCarbon BlackPCBL Chemical Limited has informed the Exchange about Intimation regarding outcome of the meeting of the debenture holders of PCBL Chemical Limited pursuant to Regulation 51(2) of the SEBI LODR 2015, as amended w.r.t approval to the amendment to the debenture trust deed dated January 20, 2024 for deferring the testing of a financial covenant.13 Mar 2026Debt Restructured×2-2.5% +4.0% +11.6%₹31812,503 Cr148.53.4%-4.5%
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.