Samhi Hotels Limited — Credit Ratings, 09-05-2025: Credit Rating
09-05-2025 | 08:17 pm
09-05-2025 | 08:17 pm
CARE Ratings has placed SAMHI Hotels Limited and its subsidiaries’ bank facilities on Rating Watch with Positive Implications, maintaining the CARE A- (Long Term) and CARE A2+ (Short Term) ratings. This move reflects anticipated improvement in the company’s credit profile following a proposed transaction with GIC, likely strengthening financial health and liquidity. The watch status suggests potential for a lower cost of borrowing and enhanced investor confidence. Total rated bank facilities stand at around Rs. 700 Cr, indicating substantial funding access with a stable outlook contingent on the transaction’s completion.
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