Taj GVK Hotels & Resorts' Long-Term Rating Upgraded to IND A+/Stable
Taj GVK Hotels & Resorts Limited (TAJGVK) has announced an upgrade in its credit ratings from India Ratings & Research (Ind-Ra). The company's long-term rating for its bank loan facilities has been up...
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Why is Taj GVK Hotels & Resorts Limited in the news today?
Taj GVK Hotels & Resorts Limited (TAJGVK) is in the news due to the credit rating upgrade signifies improved financial health and stability of the company, which is a positive development.
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Taj GVK Hotels & Resorts' Long-Term Rating Upgraded to IND A+/Stable
December 26, 2025, 07:33 AM
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Taj GVK Hotels & Resorts Limited (TAJGVK) has announced an upgrade in its credit ratings from India Ratings & Research (Ind-Ra). The company's long-term rating for its bank loan facilities has been upgraded to 'IND A+/Stable' from 'IND A', reflecting improved creditworthiness.
Additionally, the short-term rating for its fund-based working capital limits has been upgraded to 'IND A1+' from 'IND A1'. The upgraded ratings apply to term loans of ₹200 Crores (previously ₹271.33 Crores) and fund-based working capital limits of ₹30 Crores (previously ₹30 Crores).
The announcement was made on December 26, 2025, in compliance with SEBI Listing Regulations.
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