MoneyWorks4Me

Chalet Hotels raises Rs 150 crore through CPs

05 May 2026 Evaluate

Chalet Hotels has raised Rs 150 crore through the allotment of 3,000 Listed, Rated, Taxable, Transferable Commercial Paper (CPs) 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 May 4, 2026 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.


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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