Chalet Hotels secures favorable credit ratings from ICRA

Chalet Hotels Limited announced on December 5, 2025, that it has received credit ratings from ICRA Limited for its debt instruments and bank facilities. The ratings include [ICRA] AA- with a Stable outlook for Non-Convertible Debentures, Long Term Fund Based Term Loans, Long Term Fund Based Limits, and Long Term Unallocated Limits.

Additionally, the company received a rating of [ICRA] A1+ for its Short Term Unallocated Limits and Short Term Non-Fund Based Limits. These ratings were communicated to Chalet Hotels via a letter from ICRA Limited, also dated December 5, 2025.