Chalet Hotels’ board has approved allotment of 2,000 Secured, Unlisted, Non-Cumulative, Redeemable and Non-Convertible Debentures (NCDs) aggregating to Rs 200 crore to International Finance Corporation on a Private Placement basis. The Finance Committee of the Board of Directors of the Company has on May 06, 2022 approved allotment of the same.
Chalet Hotels (CHL), is an owner, developer and asset manager of high-end hotels in key metro cities in India.