SEPC Hit by Twin Downgrades as CRISIL and Infomerics Cut Ratings to ‘D’

SEPC Limited ( (IN:SEPC) ) has shared an update.

SEPC Limited has disclosed that two major credit rating agencies, CRISIL Ratings and Infomerics Valuation and Rating, have sharply downgraded the company’s long-term and short-term bank facilities to the lowest ‘D’ grade. These downgrades, from previous BB+/Negative and A4+ categories, signal heightened concerns over the firm’s creditworthiness and could significantly constrain its access to bank funding and increase borrowing costs, posing challenges for liquidity management and stakeholder confidence.

Both CRISIL and Infomerics now classify SEPC’s bank facilities as being in default or near-default category, highlighting a material deterioration in the company’s perceived ability to meet its financial obligations. The move places the company under closer scrutiny from lenders and investors, and may force SEPC to renegotiate terms with banks, pursue recapitalisation measures, or adjust its operating strategy to stabilise its financial position.

More about SEPC Limited

SEPC Limited is an India-listed company whose shares trade on both the National Stock Exchange and BSE under the symbol SEPC and scrip code 532945. While the release does not specify its line of business, the company’s reliance on long- and short-term bank facilities underscores its dependence on external credit markets and rating assessments for its financial flexibility.

Average Trading Volume: 1,113,574

Technical Sentiment Signal: Sell

Current Market Cap: 10.13B INR

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