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SEPC Limited's Long-Term and Short-Term Bank Facilities have been downgraded to 'D' by both CRISIL and Infomerics. CRISIL downgraded Long-Term facilities from 'BB+/Negative' to 'D' and Short-Term from 'A4+' to 'D'. Infomerics similarly downgraded from 'BB+/Negative' and 'A4+' to 'D'. This indicates a severe deterioration in credit quality.