Chalet Hotels (CHL) has received an approval for the offer of Secured, Unlisted, Non-Cumulative, Redeemable and Non-Convertible Debentures (NCDs) upto an amount of Rs 100 crore to ‘International Finance Corporation’ on a Private Placement basis. The Finance Committee of the Board of Directors of the Company at its meeting held on March 06, 2023 has considered and approved the same.
Chalet Hotels (CHL), is an owner, developer and asset manager of high-end hotels in key metro cities in India.