NSECredit Rating7 Sept 2026 · 7 Sept 2026, 05:54 pm

Credit Rating

Oriental Hotels Limited · ORIENTHOT

✦ AI SummaryRating Change

Oriental Hotels Limited has informed the Exchange about Credit Rating revision by ICRA Limited, reaffirming ratings to banking facilities as below: Long-term – Fund-based Limits 30.00 [ICRA]AA-; placed on Watch with Positive Implications, Short-term – Non-fund based – (20.00) [ICRA]A1+; reaffirmed.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Oriental Hotels Limited has informed the Exchange about Credit Rating

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TAJORIENTAL_07092026175332_SECRICRA.pdf

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OHL:SEC: 026-27: 042 September 07, 2026 The Manager – Listing The Manager – Listing Department National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C/1G Block, II Floor, New Trading Ring Bandra Kurla Complex Rountana Building P J Towers, Bandra (E), Mumbai: 400051 Dalal Street, Mumbai: 400001 Symbol: ORIENTHOT Scrip Code: 500314 Dear Sir/Madam, Sub: Intimation of Credit Rating revision by ICRA Limited Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Limited has reaffirmed ratings to banking facilities of the Company as below: Instrument Rated Rating Action Amount (₹ crore) Long-term – Fund-based Limits 30.00 [ICRA]AA-; placed on Watch with Positive Implications Short-term – Non-fund based – (20.00) [ICRA]A1+; reaffirmed Sublimit Kindly take the above information on record. Thanking you, Yours faithfully, For ORIENTAL HOTELS LIMITED S Akila Company Secretary A15861 Address: Taj Coromandel, No. 37, Mahatma Gandhi Road, Nungambakkam, Chennai - 600034. ICRA/Oriental Hotels Limited/02092026/1 Date: September 02, 2026 Mr. Paras Puri Chief Financial Officer Oriental Hotels Limited No. 47, Paramount Plaza Mahatma Gandhi Road Chennai – 600 034 Dear Sir, Re: ICRA’s Credit Rating for below mentioned Instruments of Oriental Hotels Limited As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Rated Amount Financial Sector Instrument Rating Action1 (Rs. crore) Regulator# [ICRA]AA-; placed on Long-term – Fund-based 30.00 Watch with Positive RBI limits Implications Short-term – Non-fund (20.00) [ICRA]A1+; reaffirmed RBI based – Sublimit Total 30.00 #SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. 1 Complete definitions of the ratings assigned are available at www.icra.in. ICRA Limited Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41 Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002 www.icra.in info@icraindia.com +91-93547-38909 +0124-4545300 CIN: L74999DL1991PLC042749 You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re- schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited K Srikumar Senior Vice-President and Co-Group Head – Corporate Sector Ratings srikumar@icraindia.com Sensitivity Label : Internal Annexure Details of Bank Limits Rated by ICRA (Rated on Amount Rating Rating Assigned On Long-Term Scale) (Rs. crore) Fund based limits [ICRA]AA-; placed HDFC Bank Limited – Cash Credit 30.00 on Watch with Sep 01, 2026 Total 30.00 Positive Implications Details of Bank Limits Rated by ICRA (Rated on Amount Rating Rating Assigned On Short-Term Scale) (Rs. crore) Non-fund based limits HDFC Bank Limited – LC/BG (20.00) [ICRA]A1+ Sep 01, 2026 Total (20.00)