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 Downgradedpending₹5.1841 Cr6.1vs 13.9+7.4%
Som Dist & BrewBreweries & DistilleriesCredit rating downgraded to BB+ from BBB on license suspension20 Aug 2026Rating Downgraded×2pending₹73.581,530 Cr2.3%-3.8%
Thirumalai ChemicalsCommodity ChemicalsICRA downgrades Thirumalai Chemicals credit ratings to BBB Negative13 Aug 2026Rating Downgraded-3.4% ₹1531,850 Cr-5.9%-4.7%
Supreme EngineeringSUPREMEENGOne Time Settlement with Bank of India for Rs. 60.32 Crores13 Aug 2026Debt Restructured0.0% ₹2.5363 Cr-18.1%
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-3.1% -3.1% ₹40.11269 Cr5.6vs 14.08.3%+103.3%
B. D. Industries (Pune) LimitePlastic Products - IndustrialCredit rating downgraded; company says loans already fully repaid4 Aug 2026Rating Downgraded×2 -4.4% ₹111158 Cr14.0vs 16.718.5%
Shree Rama NewsprintOther BeveragesShree Rama Newsprint redeems 2nd installment of ZCDs worth Rs 14.13 cr4 Aug 2026Debt Restructured0.0% -5.2% ₹31.51465 Cr-10.7%+15.2%
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%
Electrotherm (I)Iron & Steel ProductsLoan default disclosed; Rs 46.46 Cr overdue to ARC lender30 Jul 2026Debt Restructured-1.8% -0.4% ₹1,0591,349 Cr20.4%+40.0%
BGR Energy SystemsBGRENERGYBGR Energy Q1 loss Rs 226 cr, to raise 150 cr loan from promoters29 Jul 2026Debt Restructured-0.6% -8.2% ₹2401,732 Cr-75.5%-39.8%
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%
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%
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%
Mirza International LimitLeather And Leather ProductsICRA Downgrades Mirza International Credit Rating on Rs 205 Crore Facilities15 Jul 2026Rating Downgraded+3.0% -6.2% -15.4%₹31.17431 Cr-0.0%-37.6%
Utkarsh Small Fin Bank LOther BankCARE downgrades sub-debt rating from A to A- on weak profits and asset quality14 Jul 2026Rating Downgraded-0.3% -4.2% -6.5%₹14.42,563 Cr
PravegHotels & ResortsPraveg amends loan pact with promoter group to allow equity-based repayment13 Jul 2026Debt Restructured+4.9% +21.4% +10.4%₹269703 Cr22.9vs 22.9-0.9%+26.8%
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%
Rudra Gas EnterpriseCivil ConstructionCrisil downgrades Rudra Gas rating to BB over non cooperation11 Jul 2026Rating Downgraded-5.1% -9.8% -7.4%₹69.0558 Cr3.9vs 15.419.1%+130.6%
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%
Sagar CementsCement & Cement ProductsSagar Cements bank loan rating downgraded by India Ratings3 Jul 2026Rating Downgraded×2-3.2% -1.8% -3.4%₹1622,117 Cr-3.7%+30.8%
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%
PVP VenturesResidential Commercial ProjectsPVP Ventures defers NCD principal repayment to June 20273 Jul 2026Debt Restructured-5.9% +0.4% -5.8%₹45.11,174 Cr161.1vs 22.3-1.3%+142.5%
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%
Eastern Silk Industries LEASTSILKCRISIL withdraws ratings as Eastern Silk clears all bank loans1 Jul 2026Debt Restructured+3.1% +5.2% +30.5%₹64.232 Cr-6.3%+139.8%
Vip IndustriesPlastic Products - ConsumerCrisil downgrades VIP Industries long-term rating to A-/Negative27 Jun 2026Rating Downgraded-2.3% -3.7% -5.2%₹3074,362 Cr-59.1%+7.4%
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×2-4.9% -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%
Sharika EnterprisesTrading & DistributorsIntimation of Credit Rating1 Jun 2026Rating Downgraded+5.6% +4.8% +41.9%₹19.7185 Cr9.9vs 13.8-50.1%+20.9%
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%
Dreamfolks ServicesAirport & Airport servicesDreamfolks Services Limited has informed the Exchange about withdrawal of Crisil rating at the Company's request27 May 2026Rating DowngradedDebt Restructured×2-7.0% -12.1% -16.5%₹69.5370 Cr4.8%-74.4%
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%
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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.