Chalet Hotels (CHL) has raised Rs 100 crore through the allotment of 2,000 Listed, Rated, Taxable, Transferable Commercial Papers (CPs) having a face value of Rs 5,00,000 each on a Private Placement basis. The issuance is rated CRISIL A1+ by CRISIL Ratings. The aforesaid CPs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE. The Finance Committee of the Company has on September 23, 2025 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.