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CRISIL · 2026-06-17

Advance Forgings Private Limited downgraded to BB+ by CRISIL — 17 Jun 2026

CRISIL downgraded Advance Forgings Private Limited on 2026-06-17, rating BB+ with a Stable outlook. No other actions on file yet.

CRISIL's published heading: “Rating downgraded to 'Crisil BB+ / Stable'”

What the agency published
Entity (per CRISIL heading)Advance Forgings Private Limited · issuer page
ActionDowngrade
RatingBB+
OutlookStable
Action date2026-06-17
AgencyCRISIL
SourceCRISIL rating rationale ↗

About this page: This page restates a rating action as published by CRISIL, a SEBI-registered credit rating agency. The rating and any outlook are the agency's opinion, not RetailBonds.in's, and nothing here is investment advice or a view on what the action means for any investor. Refer to the agency's own rationale document for the full reasoning. See our methodology and full disclaimer.