Samhi Hotels Limited has informed the Exchange about Credit Rating
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICRA has upgraded the credit ratings of Samhi Hotels Limited and three of its subsidiaries — SAMHI Hotels (Gurgaon), Ascent Hotels, and Caspia Hotels. The long-term fund-based term loan rating has been upgraded from [ICRA]A (Positive) to [ICRA]A+ (Stable) across all entities, with the outlook revised from Positive to Stable. Short-term ratings have also been upgraded from A2+ to A1 across the board. The total rated debt covered is around ₹229 crore for the parent company, with additional rated facilities at the subsidiary level.
This is a positive development for shareholders, reflecting improved creditworthiness and financial health of Samhi Hotels. A higher rating typically translates into lower borrowing costs and better access to funding, though the shift from a Positive to Stable outlook suggests ICRA sees more balanced risks ahead.