Chalet Hotels allots ₹100 crore commercial paper via private placement

Chalet Hotels Limited's finance committee has approved the allotment of 2,000 listed, rated, taxable, and transferable commercial papers (CPs) totaling ₹100 crore. This private placement, made on September 23, 2025, follows a board meeting on May 12, 2025, and is rated CRISIL A1+ by CRISIL Ratings Limited. The CPs are unsecured and will be listed on the wholesale debt market (WDM) segment of BSE Limited.

The CPs, each with a face value of ₹5,00,000, were issued at a discount, amounting to ₹98,51,82,000, reflecting a fixed coupon rate of 6.10%. The maturity date for these commercial papers is December 22, 2025, with redemption at par for the full ₹100 crore.

This issuance complies with Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as detailed in the key information document dated September 22, 2025.