MoneyWorks4Me

Chalet Hotels gets nod to raise Rs 75 crore via NCDs

09 Jan 2025 Evaluate

Chalet Hotels has received approval for the issue and offer of Listed, Rated, Secured, Non-cumulative, Taxable, Transferable, Redeemable Non-Convertible Debentures (NCDs) upto an amount of Rs 75 crore to eligible investor(s) on a Private Placement basis (within the overall limit of Rs 600 crore). The Finance Committee at its meeting held on January 09, 2025 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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