Oriental Rail Infrastructure Subsidiary Gets Credit Rating Reaffirmation from CARE Ratings

Oriental rail infrastructure Limited has informed stock exchanges about the credit rating reaffirmation of its wholly owned subsidiary by CARE Ratings Limited. The company submitted this disclosure to BSE Limited on January 09, 2026, in compliance with SEBI listing regulations.

Credit Rating Details

CARE Ratings Limited issued a press release on January 08, 2026, reaffirming the credit ratings assigned to bank facilities of Oriental Foundry Private Limited, the wholly owned subsidiary of Oriental Rail Infrastructure Limited. The rating agency maintained its assessment of the subsidiary's creditworthiness across both long-term and short-term banking facilities.

The reaffirmed ratings cover the following facilities:

Facilities:	Amount (₹ in crores)	Rating	Rating Action
Long-term bank facilities:	136.00 (Reduced from 173.00)	CARE BBB; Stable	Reaffirmed
Short-term bank facilities:	115.50 (Enhanced from 55.50)	CARE BBB; Stable/CARE A3	Reaffirmed

Facility Amount Adjustments

The rating reaffirmation came with notable changes in facility amounts. Long-term bank facilities were reduced from ₹173.00 crores to ₹136.00 crores, representing a decrease of ₹37.00 crores. Conversely, short-term bank facilities were enhanced significantly from ₹55.50 crores to ₹115.50 crores, marking an increase of ₹60.00 crores.

Regulatory Compliance

Oriental Rail Infrastructure Limited made this disclosure pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company's disclosure demonstrates adherence to transparency requirements for material events affecting subsidiaries. Company Secretary and Compliance Officer Hemali Rachh signed the regulatory filing, ensuring proper corporate governance protocols were followed.

The rating reaffirmation provides stability assurance for Oriental Foundry Private Limited's banking relationships and reflects the subsidiary's maintained creditworthiness in the current financial environment.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.40%	-9.91%	+10.50%	-15.97%	-52.15%	+220.11%

Oriental Rail Infrastructure Limited has received credit rating reaffirmation from CARE Ratings Limited for its bank facilities. The company informed BSE about this development through a regulatory filing dated January 09, 2026, pursuant to Regulation 30 of SEBI Listing Regulations.

Credit Rating Details

CARE Ratings Limited issued a press release dated January 08, 2026, reaffirming the credit ratings assigned to Oriental Rail Infrastructure Limited's bank facilities. The rating action demonstrates the agency's continued confidence in the company's financial stability.

Facility Type	Amount (₹ in crores)	Rating	Action
Long-term bank facilities	45.40	CARE BBB; Stable	Reaffirmed
Short-term bank facilities	17.40	CARE A3	Reaffirmed

Regulatory Compliance

The company filed this information under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Oriental Rail Infrastructure Limited trades on BSE with scrip code 531859.

Company Background

Oriental Rail Infrastructure Limited, formerly known as Oriental Veneer Products Limited, operates in the railway infrastructure sector. The company maintains its registered office at Survey No. 49, Village Aghai, Taluka Shahpur, Dist. Thane, Maharashtra, and corporate office at Mazgaon, Mumbai.

The reaffirmation of both long-term and short-term credit ratings indicates stable financial health and creditworthiness of the company's banking facilities totaling ₹62.80 crores.