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Entity-Specific Rating Rationales

23 Sep 2025

Brigade Hotel Ventures Limited: Long-term rating upgraded to [ICRA]A+ (Stable) and short-term rating upgraded to [ICRA]A1

Brigade Hotel Ventures Limited: Long-term rating upgraded to [ICRA]A+ (Stable) and short-term rating upgraded to [ICRA]A1

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30 Apr 2025

Brigade Hotel Ventures Limited: Ratings reaffirmed

Brigade Hotel Ventures Limited: Ratings reaffirmed

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23 Jan 2024

Brigade Hotel Ventures Limited: Long-term rating upgraded and short -term rating reaffirmed

Brigade Hotel Ventures Limited: Long-term rating upgraded and short -term rating reaffirmed

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30 May 2023

Brigade Hotel Ventures Limited: Ratings reaffirmed

Brigade Hotel Ventures Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

24 Oct 2025

Brigade Hotel Ventures Limited

Brigade Hotel Ventures Limited (Non-SF)

29 May 2025

Brigade Hotel Ventures Limited

Brigade Hotel Ventures Limited (Non-SF)

27 Feb 2024

Brigade Hotel Ventures Limited

Brigade Hotel Ventures Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Unallocated -- -- [ICRA]A+(Stable) --
Long-term fund-based – Cash credit/overdraft -- -- [ICRA]A+(Stable) --
Short Term – Non Fund Based [ICRA]A1 -- -- --

Our Analysts

Analyst 1

Vishal R

Analyst 2

Pulkit Varshney

Sector Head

Ashish Modani
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