MoneyWorks4Me

Chalet Hotels gets nod to raise upto Rs 100 crore through NCDs

06 Mar 2023 Evaluate

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.

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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