Oriental Hotels Limited announced that ICRA Limited has upgraded its credit ratings for banking facilities. The long-term fund-based cash credit rating has been upgraded to [ICRA]AA-(Stable) from [ICRA]A+(Stable), with a rated amount of ₹30.00 crore. Additionally, the short-term interchangeable limits rating has been upgraded to [ICRA]A1+ from [ICRA]A1, for an amount of ₹20.00 crore. These upgrades reflect ICRA's assessment of the company's improved creditworthiness. The ratings were communicated on March 04, 2026, with the actual rating assignment date by ICRA being February 27, 2026. The company has been informed of these upgrades and requested to take the information on record. ICRA also noted that the ratings are subject to surveillance within one year and can be reviewed at any time based on new information.
