Happy Diwali
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Credit rating actions, Sep 2026
332 upgrades, downgrades, rating watches and withdrawals published in Sep 2026, newest first. Each links to a page with the agency's action and the rated bonds on file.
| Date | Entity | Agency | Action | Rating |
|---|---|---|---|---|
| 2026-09-30 | IDFC First Bank Limited | CARE | Withdrawal | AA+ / Stable |
| 2026-09-30 | Kafila Hospitality and Travels Private Limited | CRISIL | Upgrade | BB+ / Stable |
| 2026-09-30 | Cosmopolitan Education Trust | CRISIL | Withdrawal | — |
| 2026-09-30 | Aculife Healthcare Private Limited | CRISIL | Upgrade | A+ / Stable |
| 2026-09-30 | Precision Technik Private Limited | CRISIL | Withdrawal | — |
| 2026-09-30 | Skyfall 2025 | CRISIL | Downgrade | BB+ |
| 2026-09-30 | Glaceon 12 2025 | CRISIL | Downgrade | BB+ |
| 2026-09-30 | Opg Power Generation Private Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-30 | Crystal Autocars Private Limited | CRISIL | Upgrade | BB+ / Stable |
| 2026-09-30 | Witmans Industries Private Limited | CRISIL | Rating watch | BBB+ / Stable |
| 2026-09-30 | V.N.C.Electrodes | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-30 | Umasons Auto Compo Private Limited | CRISIL | Upgrade | BBB / Stable |
| 2026-09-30 | Nikhil Adhesives Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-30 | KG Flexx Private Limited | CRISIL | Rating watch | BBB- / Stable |
| 2026-09-30 | Global Gourmet Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-29 | Titan Engineering and Automation Limited | CRISIL | Upgrade | AA+ / Stable |
| 2026-09-29 | Mandeepa Realm Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-29 | Gujarat Co-Operative Milk Marketing Federation Limited | CRISIL | Withdrawal | — |
| 2026-09-29 | JGI Metal Convertors Private Limited | CRISIL | Upgrade | BB- / Stable |
| 2026-09-29 | Ankita Construction | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-29 | Munish Forge Limited | CRISIL | Withdrawal | — |
| 2026-09-29 | Leading Construction | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-29 | Unique Punch Systems Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-29 | Aarti Industries Limited | CRISIL | Withdrawal | AA / Negative |
| 2026-09-29 | Electrodrive Powertrain Solutions Private Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-29 | Lalbaba Engineering Limited | CRISIL | Upgrade | A- / Stable |
| 2026-09-29 | Fivetech | CRISIL | Withdrawal | — |
| 2026-09-29 | Aeroeagle Automobiles Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-29 | Deep Engineering Industries | CRISIL | Downgrade | BB+ / Stable |
| 2026-09-28 | Poonawalla Fincorp Limited | CARE | Withdrawal | — |
| 2026-09-28 | Ramnik Power and Alloys Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-28 | MGF Developments Limited | CRISIL | Rating watch | BBB / Stable |
| 2026-09-28 | Gawar Rudrapur Highway Private Limited | CRISIL | Upgrade | AAA / Stable |
| 2026-09-28 | V.V.V and Sons Edible Oils Limited | CRISIL | Upgrade | A- / Stable |
| 2026-09-28 | HOG Projects | CRISIL | Upgrade | BBB / Stable |
| 2026-09-28 | Yaxis Structural Steels Private Limited | CRISIL | Downgrade | BB+ / Stable |
| 2026-09-28 | Srisai Oilfield Equipments & Marine Services Private Limited | CRISIL | Upgrade | BBB- / Stable |
| 2026-09-28 | Anjali Hotels Private Limited | CRISIL | Upgrade | A- / Stable |
| 2026-09-28 | PMK Contractors Private Limited | CRISIL | Downgrade | BB- / Stable |
| 2026-09-28 | Paramount Taj | CRISIL | Rating watch | B / Stable |
| 2026-09-28 | Calborn Lifescience Private Limited | CRISIL | Upgrade | C |
| 2026-09-28 | Sandhya Samrat Construction And Services Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-28 | Samriddhi Nirman Private Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-28 | Buildmet Fibres Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-25 | Rare Hospitality and Services Private Limited | CRISIL | Upgrade | A+ / Positive |
| 2026-09-25 | Total Environment Habitat Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-25 | Dusters Total Solutions Services Private Limited | CRISIL | Upgrade | AA- / Positive |
| 2026-09-25 | Badri Rai and Company | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-25 | InterGlobe Aviation Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-25 | Sourabh Rolling Mills Private Limited | CRISIL | Withdrawal | — |
| 2026-09-25 | Gauri Ganesh Ispat Private Limited | CRISIL | Withdrawal | — |
| 2026-09-25 | Cuib Eduinfra Bangalore Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-25 | Alankar Alloys Private Limited | CRISIL | Withdrawal | — |
| 2026-09-25 | Karo Coils Private Limited | CRISIL | Upgrade | BB- / Stable |
| 2026-09-25 | Bodycare Creations Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-25 | Pankaj Ispat Private Limited | CRISIL | Withdrawal | — |
| 2026-09-25 | Total Environment Constructions Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-25 | Total Environment Building Systems Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-25 | Moneygear Fintech Private Limited | CRISIL | Upgrade | BB- / Stable |
| 2026-09-25 | United Polymers | CRISIL | Downgrade | BB / Stable |
| 2026-09-25 | Total Environment Resorts Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-24 | Sahu Exports Private Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-24 | Radnik Exports Global Private Limited | CRISIL | Upgrade | A- / Stable |
| 2026-09-24 | Sunbeam Lightweighting Solutions Limited | CRISIL | Rating watch | — / Watch Positive |
| 2026-09-24 | Kothari Cars Private Limited | CRISIL | Downgrade | BB+ / Stable |
| 2026-09-24 | Suyog Gurbaxani Funicular Ropeways Limited | CRISIL | Withdrawal | — |
| 2026-09-24 | Dipty Lal Judge Mal Private Limited | CRISIL | Downgrade | BBB / Stable |
| 2026-09-24 | Effwa Infra & Research Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-24 | Anugrah Industries Private Limited | CRISIL | Upgrade | BBB- / Stable |
| 2026-09-23 | S T Electricals Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-23 | Spectrum Electrical Industries Limited | CRISIL | Upgrade | A- / Stable |
| 2026-09-23 | Jaywant Sugars Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-23 | CMR Nikkei India Private Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-23 | Allcargo Global Limited | CRISIL | Downgrade | A- / Stable |
| 2026-09-23 | Gemini Continental Private Limited | CRISIL | Downgrade | BB- / Stable |
| 2026-09-23 | Trident Auto Components Private Limited | CRISIL | Withdrawal | B / Stable |
| 2026-09-23 | Titan Company Limited | CRISIL | Withdrawal | AAA / Stable |
| 2026-09-23 | Go Digit General Insurance Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-23 | Quartzkraft LLP | CRISIL | Upgrade | B+ / Stable |
| 2026-09-23 | CMR-Toyotsu Aluminium India Private Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-23 | R. D. Karel Jewellers Private Limited | CRISIL | Withdrawal | BB / Stable |
| 2026-09-23 | Krishnanchal Pulp And Papers Private Limited | CRISIL | Withdrawal | B+ / Stable |
| 2026-09-23 | Ester Filmtech Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-23 | CMR NLM Eco Aluminium Private Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-23 | CMR Aluminium Private Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-23 | Transworld Shipping Lines Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-22 | Parry Sugars Refinery India Private Limited | CRISIL | Withdrawal | — |
| 2026-09-22 | Waves Aircon Private Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-22 | Dutta Agro Products Private Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-22 | Benzo Chem Industries Private Limited | CRISIL | Downgrade | A- / Negative |
| 2026-09-22 | Vitane Pharmaceuticals Private Limited | CRISIL | Withdrawal | — |
| 2026-09-22 | Solar Industries India Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-22 | Maxim Tubes Company Private Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-22 | HAL Offshore Limited | CRISIL | Rating watch | — / Watch Negative |
| 2026-09-22 | Avendus Capital Private Limited | CRISIL | Rating watch | — / Watch Positive |
| 2026-09-22 | Maa Chinnamasta Food Processor Private Limited | CRISIL | Downgrade | D |
| 2026-09-22 | Sunny International Limited | CRISIL | Rating watch | BBB+ / Stable |
| 2026-09-22 | MK Infrabuild Ventures India Private Limited | CRISIL | Upgrade | BBB- / Stable |
| 2026-09-22 | Inox Green Energy Services Limited | CRISIL | Withdrawal | — / Watch Developing |
| 2026-09-22 | Giridhan Metal Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-21 | Welspun Enterprises Limited | CRISIL | Upgrade | AA / Stable |
| 2026-09-21 | Indexone Industries Limited | CRISIL | Rating watch | A3+ |
| 2026-09-21 | Welspun Michigan Engineers Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-21 | Marwadi Shares and Finance Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-21 | Shoft Shipyard Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-21 | Apollo Healthco Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-21 | Jai Balaji Industries Limited | CRISIL | Downgrade | BBB / Stable |
| 2026-09-21 | Welspun EDAC JV Private Limited | CRISIL | Upgrade | AA / Stable |
| 2026-09-21 | Apollo Pharmacies Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-21 | Resulticks Digitals India Private Limited | CRISIL | Downgrade | BBB- / Watch Negative |
| 2026-09-21 | Shreenath Marketing | CRISIL | Rating watch | BB / Stable |
| 2026-09-21 | V S P Industries Private Limited | CRISIL | Withdrawal | — |
| 2026-09-18 | Kopran Research Laboratories Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-18 | B. M. Foods | CRISIL | Rating watch | BBB / Stable |
| 2026-09-18 | G.K. Shetty Builders Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-18 | CMR Green Technologies Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-18 | Ambikah Parboiled Products Private Limited | CRISIL | Rating watch | BBB / Stable |
| 2026-09-18 | ACME Heergarh Powertech Private Limited | CRISIL | Withdrawal | — |
| 2026-09-18 | SNJ Distillers Private Limited | CRISIL | Upgrade | A+ / Stable |
| 2026-09-18 | Rajaram Food Products India Limited | CRISIL | Rating watch | BBB- / Stable |
| 2026-09-18 | SNJ Sugars and Products Limited | CRISIL | Upgrade | A+ / Stable |
| 2026-09-18 | Jayant Infratech Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-18 | SNJ Breweries Private Limited | CRISIL | Upgrade | A+ / Stable |
| 2026-09-18 | Crop Chemicals India Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-18 | Ketan Motors Private Limited | CRISIL | Downgrade | BBB- / Stable |
| 2026-09-18 | Smruti Spintex Private Limited | CRISIL | Upgrade | BB / Stable |
| 2026-09-18 | Vagdevi Food Products Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-18 | Goyal Rice Product | CRISIL | Rating watch | BBB- / Stable |
| 2026-09-18 | Kopran Laboratories Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-18 | Dudi and Company | CRISIL | Rating watch | BB- / Stable |
| 2026-09-18 | Bhavna Wheels LLP | CRISIL | Withdrawal | — |
| 2026-09-18 | Manda Projects Private Limited | CRISIL | Withdrawal | B / Stable |
| 2026-09-18 | Accurate Products Corporation Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-18 | B M Foods And Grains Private Limited | CRISIL | Rating watch | BBB- / Stable |
| 2026-09-17 | Union Bank of India | Brickwork | Withdrawal | — |
| 2026-09-17 | WheelsEMI Private Limited | CRISIL | Withdrawal | — / Watch Developing |
| 2026-09-17 | Umang Boards Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-17 | Him Chem Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-17 | Piscesia Power Transmission Private Limited | CRISIL | Withdrawal | — |
| 2026-09-17 | Hindustan Agencies | CRISIL | Withdrawal | B+ / Stable |
| 2026-09-17 | Patdiam Jewellery Limited | CRISIL | Rating watch | B+ / Stable |
| 2026-09-17 | Rajashree Electricals Private Limited | CRISIL | Rating watch | BBB- / Stable |
| 2026-09-17 | Exel Sourcing Company | CRISIL | Withdrawal | B / Stable |
| 2026-09-17 | Deventhira Spinners Private Limited | CRISIL | Upgrade | BB+ / Stable |
| 2026-09-17 | Pressana Flour Mills Private Limited | CRISIL | Downgrade | BBB- / Stable |
| 2026-09-17 | Sidhi Binayak Infrastructure Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-17 | Shanti Inorganics Limited | CRISIL | Upgrade | BBB / Stable |
| 2026-09-17 | P. V. Bio-Chem India Private Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-17 | Balaji Construction Company - Jodhpur | CRISIL | Rating watch | BB / Stable |
| 2026-09-17 | D B Machine Tools Private Limited | CRISIL | Downgrade | BBB- / Stable |
| 2026-09-17 | Empee Distilleries Limited | CRISIL | Upgrade | A+ / Stable |
| 2026-09-17 | VR Patil Vividh Vidyuth Nirman Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-16 | Sri Jayajothi Textile Mills Private Limited | CRISIL | Upgrade | BB+ / Stable |
| 2026-09-16 | Reia Fashions India Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-16 | Ratnaafin Capital Private Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-16 | Jai Bharat Gum and Chemicals Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-16 | SG Mart Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-16 | Super Engi-Tech Private Limited | CRISIL | Rating watch | BBB / Stable |
| 2026-09-16 | P N Gadgil Jewellers Limited | CRISIL | Upgrade | A+ / Stable |
| 2026-09-16 | Suzora Tiles LLP | CRISIL | Rating watch | B / Stable |
| 2026-09-16 | Shakti Nutritions Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-16 | Sarvagram Fincare Private Limited | CRISIL | Withdrawal | — |
| 2026-09-16 | Omkar Rivanta Projects LLP | CRISIL | Rating watch | B / Stable |
| 2026-09-16 | ESDS Software Solution Limited | CRISIL | Upgrade | A- / Positive |
| 2026-09-16 | Kusalava Motors Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-16 | Shakti Apifoods Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-16 | Apollo Pipes Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-16 | Amrit Exports Private Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-16 | Ripuraj Agro Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-16 | Purelearn Eduinfra Hyderabad Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-16 | Maithri Drugs Private Limited | CRISIL | Downgrade | BBB- / Negative |
| 2026-09-16 | Golf Ceramics Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-16 | Borkar Packaging Private Limited | CRISIL | Rating watch | AA- / Stable |
| 2026-09-15 | Motilal Oswal Finvest | India Ratings | Upgrade | AA → AA+ / Stable |
| 2026-09-15 | Motilal Oswal Financial Services Limited | India Ratings | Upgrade | AA → AA+ / Stable |
| 2026-09-15 | Beta Wind Farm Private Limited | CRISIL | Upgrade | BBB / Stable |
| 2026-09-15 | Globe Mobility Private Limited | CRISIL | Withdrawal | — |
| 2026-09-15 | Amrit Crafts Private Limited | CRISIL | Withdrawal | BB+ / Stable |
| 2026-09-15 | Pratham EPC projects Limited | CRISIL | Downgrade | BB+ / Stable |
| 2026-09-15 | Witmans Industries Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-11 | Shree Venkatesh Developers | CRISIL | Withdrawal | — |
| 2026-09-11 | Silica Infra Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-11 | Sarda Dairy & Food Products Limited | CRISIL | Upgrade | BBB- / Stable |
| 2026-09-11 | Inox Renewable Solutions Limited | CRISIL | Withdrawal | — / Watch Developing |
| 2026-09-11 | Zuari Maroc Phosphates Private Limited | CRISIL | Withdrawal | — |
| 2026-09-11 | RDTMT Steels (India) Private Limited | CRISIL | Withdrawal | BB / Stable |
| 2026-09-11 | Mahatma Gandhi University of Medical Sciences and Technology | CRISIL | Upgrade | A+ / Stable |
| 2026-09-11 | Megatherm Induction Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-11 | B Roshanlal Chemicals Private Limited | CRISIL | Upgrade | BBB / Stable |
| 2026-09-11 | Jaiprakash Contractors Private Limited | CRISIL | Upgrade | BBB- / Stable |
| 2026-09-11 | Favourite Constructions Private Limited | CRISIL | Upgrade | BB+ / Stable |
| 2026-09-11 | V- Realty | CRISIL | Upgrade | A- / Stable |
| 2026-09-11 | Vikram Developers and Promoters | CRISIL | Upgrade | A- / Stable |
| 2026-09-11 | Shree Venkatesh Buildcon Private Limited | CRISIL | Upgrade | A- / Stable |
| 2026-09-11 | Shree Venkatesh Buildcon | CRISIL | Withdrawal | — |
| 2026-09-11 | Poorvanchal Food Products Private Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-11 | DYS Royals Private Limited | CRISIL | Withdrawal | D |
| 2026-09-11 | Lumino Industries Limited | CRISIL | Upgrade | A+ / Stable |
| 2026-09-11 | Jaypore E-Commerce Private Limited | CRISIL | Withdrawal | — |
| 2026-09-11 | Vena Energy Solar India Power Resources Private Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-11 | Sunny Engineering Works | CRISIL | Downgrade | BB- / Stable |
| 2026-09-10 | Shankara Building Products Limited | CRISIL | Withdrawal | — |
| 2026-09-10 | Rajyog Auto Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-10 | Poanta Saheb Highway Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-10 | Karthik Marine Industries | CRISIL | Rating watch | BB- / Stable |
| 2026-09-10 | Anant Chemicals | CRISIL | Upgrade | BBB- / Stable |
| 2026-09-10 | St.Michael'S Educational Services Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-10 | K. G. N. Electricals | CRISIL | Rating watch | — / Watch Negative |
| 2026-09-10 | E.X.E.L Renewable Energy Private Limited | CRISIL | Withdrawal | — |
| 2026-09-10 | Phoenix Ispat Private Limited | CRISIL | Withdrawal | B / Stable |
| 2026-09-10 | Kalpataru Properties Limited | CRISIL | Withdrawal | — |
| 2026-09-10 | Lakshya Powertech Limited | CRISIL | Downgrade | BB+ / Stable |
| 2026-09-10 | Worldfa Exports Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-10 | Aswini Homeo And Ayurvedic Products Private Limited | CRISIL | Downgrade | BB+ / Stable |
| 2026-09-10 | SSZ Commodities Private Limited | CRISIL | Upgrade | BBB- / Stable |
| 2026-09-10 | Unique Diamax Private Limited | CRISIL | Downgrade | BB+ / Stable |
| 2026-09-10 | Dhanera Diamonds | CRISIL | Downgrade | BB+ / Stable |
| 2026-09-10 | Viney Corporation Limited | CRISIL | Withdrawal | BB / Stable |
| 2026-09-10 | Mahesh Oil Refinery - Kachchh | CRISIL | Upgrade | BB / Stable |
| 2026-09-10 | Kalpataru Limited | CRISIL | Downgrade | BBB / Stable |
| 2026-09-09 | D.C. Gurbaxani | CRISIL | Rating watch | BBB- / Stable |
| 2026-09-09 | Balajee Mini Steels and Rerolling Private Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-09 | Ratnamani Metals and Tubes Limited | CRISIL | Upgrade | AA+ / Stable |
| 2026-09-09 | Ratnamani Finow Spooling Solutions Private Limited | CRISIL | Upgrade | AA / Stable |
| 2026-09-09 | Gargo Motors Limited | CRISIL | Downgrade | D |
| 2026-09-09 | Bang Paper & Boards Private Limited | CRISIL | Rating watch | BBB / Stable |
| 2026-09-09 | RKS Cotton Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-09 | Akash Ceramics Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-09 | Sologres Granito Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-09 | Raghav Productivity Enhancers Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-08 | Rawat Associates | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Deventhira Spinners Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-08 | Balmukund Sponge and Irons Private Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-08 | Trbex Impex Private Limited | CRISIL | Rating watch | A4 |
| 2026-09-08 | Tatva Chintan Pharma Chem Limited | CRISIL | Upgrade | A- / Stable |
| 2026-09-08 | Hirani Enterprises | CRISIL | Rating watch | BB- / Stable |
| 2026-09-08 | Ray Engineering Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-08 | Eureka Forbes Limited | CRISIL | Upgrade | AA / Stable |
| 2026-09-08 | CMS Associates Private Limited | CRISIL | Upgrade | BB+ / Stable |
| 2026-09-08 | Arunachala Spinning Mills India Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Durg Education and Charitable Society | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | RJ Logistic Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-08 | Avon Meters Private Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-08 | Shree Gopal Auto Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Arise Automotives Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Sri Venkateswara Educational Society - Nellore | CRISIL | Rating watch | BB- / Stable |
| 2026-09-08 | Laljee Godhoo and Co. | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-08 | Signet Conductors Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | DSKR Infracon LLP | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Zenith Drugs Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-08 | Shine Industries | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Kapu Gems Llp | CRISIL | Rating watch | BBB / Negative |
| 2026-09-08 | Busetty Ramamunaiah Sreeramulu Jewellers | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Teresa Memorial Hospital LLP | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | PNB Kitchenmate Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-08 | Usha Yarns Limited | CRISIL | Rating watch | BB / Stable |
| 2026-09-08 | Canbank Factors Limited | CRISIL | Rating watch | — / Watch Negative |
| 2026-09-08 | Adwaith Lakshmi Industries Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Orazone Paper Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | North Eastern Bio-Refinery Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Tirupati Vehicles Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Jigar N Patel | CRISIL | Rating watch | BB- / Stable |
| 2026-09-08 | AKC Auto Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | Nehru Solar Solutions | CRISIL | Rating watch | B / Stable |
| 2026-09-08 | KPG Enterprise Recyclers LLP | CRISIL | Rating watch | BB / Stable |
| 2026-09-08 | Resulticks Digitals India Private Limited | CRISIL | Downgrade | BBB / Watch Negative |
| 2026-09-07 | KMR Estates & Builders Private Limited | CRISIL | Upgrade | BB / Stable |
| 2026-09-07 | Shree Karni Traders | CRISIL | Withdrawal | — |
| 2026-09-07 | MGF Developments Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-07 | JKG Overseas Private Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-07 | T and T Projects Limited | CRISIL | Withdrawal | BB / Stable |
| 2026-09-07 | Prime Civil Infrastructures Private Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-07 | Ravi Renewables Private Limited | CRISIL | Withdrawal | B+ / Stable |
| 2026-09-07 | Polyset Plastics Private Limited | CRISIL | Withdrawal | BB / Stable |
| 2026-09-07 | M.P. Mining And Energy Private Limited | CRISIL | Downgrade | D |
| 2026-09-07 | Sarvastu Spintex LLP | CRISIL | Downgrade | B+ / Stable |
| 2026-09-07 | Jay Fe Cylinders Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-07 | Shilpan Steelcast Private Limited | CRISIL | Rating watch | BBB- / Stable |
| 2026-09-07 | Lucky Retail Stores Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-07 | Surya Bakery and Confectionery Private Limited | CRISIL | Downgrade | D |
| 2026-09-07 | Sowmiya Spinners Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-07 | Sowmiya Textiles Private Limited | CRISIL | Upgrade | BBB+ / Stable |
| 2026-09-07 | Shiv Vegpro Private Limited | CRISIL | Upgrade | BBB- / Stable |
| 2026-09-04 | Nagata India Private Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-04 | Times Internet Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-04 | U.B.Cotton Private Limited | CRISIL | Withdrawal | — |
| 2026-09-04 | Reliable Automotive Private Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-04 | Entertainment Network (India) Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-04 | BOBCARD Limited | CRISIL | Withdrawal | — |
| 2026-09-04 | Times Innovative Media Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-04 | Bennett Coleman and Company Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-03 | Kumud Rice and Dal Mill | CRISIL | Upgrade | BB- / Stable |
| 2026-09-03 | Win-Medicare Private Limited | CRISIL | Downgrade | BBB+ / Stable |
| 2026-09-03 | Krifour Industries Private Limited | CRISIL | Downgrade | BB / Stable |
| 2026-09-03 | Modi-Mundipharma Private Limited | CRISIL | Downgrade | BBB+ / Stable |
| 2026-09-03 | JBM Green Energy Systems Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-03 | Pavani Controls and Panels Limited | CRISIL | Upgrade | BBB / Stable |
| 2026-09-02 | Jaidayal Hitex Private Limited | CRISIL | Rating watch | BBB / Stable |
| 2026-09-02 | IRB Kota Tollway Private Limited | CRISIL | Withdrawal | — |
| 2026-09-02 | Devon Foods Limited | CRISIL | Rating watch | BB- / Stable |
| 2026-09-02 | Harmony Organics Private Limited | CRISIL | Rating watch | — / Watch Developing |
| 2026-09-02 | Quality Wovensacks Private Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-02 | TPL Plastech Limited | CRISIL | Rating watch | — / Watch Positive |
| 2026-09-02 | International Combustion India Limited | CRISIL | Downgrade | BBB- / Stable |
| 2026-09-02 | Jaidayal Packaging Private Limited | CRISIL | Rating watch | BB+ / Stable |
| 2026-09-02 | Neel Kamal Polytex Industries Private Limited | CRISIL | Rating watch | BBB / Stable |
| 2026-09-02 | IRB Gwalior Tollway Private Limited | CRISIL | Withdrawal | — |
| 2026-09-01 | Acme Jaisalmer Solar Power Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-01 | Enn Aar Poles | CRISIL | Rating watch | BB / Stable |
| 2026-09-01 | Samunnati Agri Value Chain Solutions Private Limited | CRISIL | Downgrade | BB+ / Negative |
| 2026-09-01 | MGM Minerals Limited | CRISIL | Withdrawal | — |
| 2026-09-01 | Vishwatma Solar Energy Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-01 | Avaada Gjsolar Private Limited | CRISIL | Downgrade | A / Stable |
| 2026-09-01 | Ambuj Hotel and Real Estate Private Limited | CRISIL | Rating watch | B / Stable |
| 2026-09-01 | Trident Texofab Limited | CRISIL | Withdrawal | — |
| 2026-09-01 | Shivam Enterprises - Lucknow | CRISIL | Rating watch | B / Stable |
| 2026-09-01 | Avaada Gjclean Private Limited | CRISIL | Downgrade | A / Stable |
| 2026-09-01 | Samunnati Finance Private Limited | CRISIL | Downgrade | BB+ / Negative |
| 2026-09-01 | Lalitpur Power Generation Company Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-01 | Dayanidhi Solar Power Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-01 | Control Print Limited | CRISIL | Withdrawal | A / Stable |
| 2026-09-01 | Aarohi Solar Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-01 | Acme Solar Rooftop Systems Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-01 | Niranjana Solar Energy Private Limited | CRISIL | Upgrade | A / Stable |
| 2026-09-01 | Shri Balaji Transport Company | CRISIL | Rating watch | D |
| 2026-09-01 | Gopilal Bhanwarlal And Sons | CRISIL | Downgrade | B / Stable |
| 2026-09-01 | Shayona Engineering Limited | CRISIL | Rating watch | B- / Stable |
| 2026-09-01 | Victura Technologies Private Limited | CRISIL | Upgrade | A+ / Stable |
| 2026-09-01 | Shree Ganesh Automobiles | CRISIL | Rating watch | B / Stable |
| 2026-09-01 | GMR Airports Limited | CRISIL | Upgrade | AA- / Stable |
| 2026-09-01 | Sterlite Technologies Limited | CRISIL | Upgrade | AA / Stable |
| 2026-09-01 | Wildlotus Fashions Private Limited | CRISIL | Withdrawal | — |