Chalet Hotels Limited has received confirmation of its credit ratings for various debt instruments and bank facilities. The ratings, assigned by ICRA Limited, include [ICRA] AA- for Non-Convertible Debentures, Long Term Fund Based Term Loans, Long Term Fund Based Limits and Long Term Unallocated Limits, all with a Stable outlook. Additionally, ratings of [ICRA] A1+ have been assigned for Short Term Unallocated Limits and Short Term Non-Fund Based Limits.
Credit Rating Details
Chalet Hotels Limited announced the assignment of credit ratings for its financial instruments, confirming its position in the market as of December 5, 2025. The ratings have been assigned by ICRA Limited.
Long-Term Ratings
The company’s long-term financial instruments received the following ratings:
- Non-Convertible Debentures: [ICRA] AA- with a Stable outlook.
- Long Term Fund Based Term Loans: [ICRA] AA- with a Stable outlook.
- Long Term Fund Based Limits: [ICRA] AA- with a Stable outlook.
- Long Term Unallocated Limits: [ICRA] AA- with a Stable outlook.
Short-Term Ratings
The company’s short-term financial instruments were assigned the following ratings:
- Short Term Unallocated Limits: [ICRA] A1+
- Short Term Non-Fund Based Limits: [ICRA] A1+
Source: BSE
