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.