Samhi Hotels Limited — Credit Ratings, 12-08-2025: Credit Rating

ICRA has upgraded SAMHI Hotels Ltd.'s issuer rating and long-term bank facilities to `[ICRA]A (Positive)` from `[ICRA]A-`. Similar upgrades were applied to its key subsidiaries, while short-term ratings were reaffirmed at `[ICRA]A2+`. All ratings were removed from Rating Watch and assigned a Positive outlook. This positive action reflects ICRA's assessment of the company's improved financial health and credit profile. For SAMHI, this translates to enhanced access to capital, potentially lowering borrowing costs on its substantial rated facilities totaling over 1200 Cr across the group. It also signals stronger investor confidence and provides greater strategic flexibility for future operations.