Taj GVK Hotels & Resorts credit ratings upgraded to IND A+/Stable

Taj GVK Hotels & Resorts Limited announced on December 26, 2025, that its credit ratings have been upgraded by India Ratings & Research. The company’s term loan(s) of INR200 crores have been upgraded to IND A+/Stable from IND A. Additionally, its fund based working capital limits of INR30 crores have been upgraded to IND A1+ from IND A1.

This rating action follows a comprehensive assessment by India Ratings & Research, reflecting the company’s financial health and stability. The bank loan facilities, specifically from Federal Bank, saw a reduction in the total outstanding/rated amount for bank loan facilities from INR2,713.30m to INR2,300m, while the term loan for INR2,000m and fund-based working capital limit for INR300m were evaluated separately.

The announcement was made by J Srinivasa Murthy, cfo & company secretary, and is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The upgraded ratings are expected to provide investors and the general public with updated information on the company's creditworthiness.