Pursuant to Regulation 30 and 51 of the Listing Regulations, this is to inform you the Company has allotted Commercial Paper amounting to Rs.150 crore
CHALET · price
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Chalet Hotels Limited has allotted 3,000 Commercial Papers aggregating to Rs. 150 crore on a private placement basis. The CPs have a face value of Rs. 5 lakh each and were issued at a discount for Rs. 147.6 crore. The papers carry a CRISIL A1+ rating (highest short-term credit rating), indicating strong safety. The tenure is approximately 3 months, from May 4, 2026 to July 31, 2026, with a fixed coupon rate of 6.75%. The CPs are unsecured and will be listed on the Wholesale Debt Market segment of BSE Limited.
This short-term debt issuance provides liquidity to Chalet Hotels. The highest credit rating reflects the company's strong financial position and ability to borrow at favorable rates. This is routine treasury management rather than a signal of financial stress, as the instruments are backed by a high credit rating and will be repaid within 3 months.