Chalet Hotels Completes ₹100 Cr Commercial Paper Issuance

Chalet Hotels Limited has successfully completed a corporate action involving the issuance of 2,000 Listed, Rated, Taxable, Transferable Commercial Papers (CPs) aggregating to ₹100 crore on a private placement basis. The issuance, rated CRISIL A1+ by CRISIL Ratings Limited, matures on December 24, 2026, with a fixed coupon rate of 6.60%. The CPs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE Limited. This move signifies the company's ability to access short-term debt financing.