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The latest update is out from Chalet Hotels Ltd. ( (IN:CHALET) ).
Chalet Hotels Limited announced the private placement and allotment of 2,000 listed, rated, taxable, transferable Commercial Papers totalling Rs. 100 crore. Rated CRISIL A1+ by CRISIL Ratings Limited, these Commercial Papers bear a fixed coupon rate of 6.30% and are set for redemption on March 17, 2026. The issuance, planned to be listed on the Wholesale Debt Market segment of BSE Limited, showcases the company’s intent to leverage financial securities effectively, signifying a strategic enhancement of its financial structuring that could support its growth and operational activities.
More about Chalet Hotels Ltd.
Chalet Hotels Limited operates in the hospitality and real estate sector, specializing in the development, management, and ownership of high-end hotels, resorts, and mixed-use properties primarily in urban markets across India.
Average Trading Volume: 13,474
Technical Sentiment Signal: Buy
Current Market Cap: 191.6B INR
For a thorough assessment of CHALET stock, go to TipRanks’ Stock Analysis page.