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Chalet Hotels gets nod to raise Rs 200 crore via NCDs

07 May 2022 Evaluate

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. 

Peers
Company Name CMP
The Indian Hotels Co 726.00
ITC Hotels 162.05
Mahindra Holi.&Resor 200.20
EIH 294.90
Chalet Hotels 880.80
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