ICRA Limited · Nandan Denim Limited: Ratings withdrawnICRA Limited · discovered
Agency source Company dossier
Nandan Denim
NSE:NDL · ISIN INE875G01048
- Close
- ₹2.36 29 Jul 2026
- Daily change
- N/A Exchange close
- Evidence state
- Building 0/0 checks
Nandan Denim
Ratings & risks
Credit signals
Agency evidenceRating-action history
ICRA Limited · Nandan Denim Limited: Ratings downgraded to [ICRA]BB+(Negative)/[ICRA]A4+ICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Update on Material EventICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings downgraded to [ICRA]BBB- (Negative)/[ICRA]A3ICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings reaffirmed; Outlook revised to NegativeICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited- Update on Material EventICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings reaffirmed; Outlook revised to StableICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited- Update on Material EventICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings upgraded; Outlook revised to PositiveICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings reaffirmed; outlook revised to StableICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited- Application for loan restructuring under the RBIâs resolution framework for Covid-19 related stressICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited- Update on recent developments; ratings downgraded to [ICRA]BBB-(Negative)/[ICRA]A3; removed from rating watch with negative implicationsICRA Limited · discovered
Agency source ICRA Limited · Entities Opting for Moratorium on Loan ServicingICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited- Update on Material Event; ratings placed on watch with negative implicationsICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings downgraded to [ICRA]BBB+(Stable)/[ICRA]A2ICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited- Update on Material Event; Ratings downgraded to [ICRA]A-(Negative)/[ICRA]A2+ICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings reaffirmed at [ICRA]A(Negative)/[ICRA]A1ICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings reaffirmed; Outlook revised to Negative from StableICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings of [ICRA]A(Stable)/[ICRA]A1 assigned for enhanced bank limitsICRA Limited · discovered
Agency source ICRA Limited · Nandan Denim Limited: Ratings Upgraded to [ICRA]A(Stable)/[ICRA]A1ICRA Limited · discovered
Agency source ICRA Limited · ICRA reaffirms ratings of [ICRA]A-(Stable) and [ICRA]A2+ for bank facilities of Nandan Denim LimitedICRA Limited · discovered
Agency source Risk research framework
Analyst reviewQuestions to test against evidence
Operating deterioration
HighTrack sector-specific operating metrics and reconcile them across reporting periods.
Funding and liquidity
HighReview debt maturity, repricing, liquidity and rating commentary where relevant.
Execution versus guidance
MediumCompare management statements with subsequent reported delivery.
Governance and key-person change
MediumConnect management transitions, related parties and auditor observations.