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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 888.25
ITC Hotels 174.45
Mahindra Holi.&Resor 197.05
EIH 311.35
Chalet Hotels 809.80
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