Chalet Hotels has approved the allotment of 2,000 Listed, Rated, Taxable, Transferable Commercial Papers (CPs) aggregating to ₹100 crore on a Private Placement basis. The issuance is rated CRISIL A1+ and is proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE Limited. The allotment was approved on September 23, 2025, with a maturity date of December 22, 2025.
Commercial Paper Allotment Details
Chalet Hotels announced the allotment of Commercial Papers (CPs) aggregating to ₹100 crore. The Finance Committee approved this allotment on September 23, 2025. The CPs are listed, rated, taxable, and transferable, and the allotment is on a private placement basis.
Key Details of the Issuance
The company has issued 2,000 Commercial Papers. Each CP has a Face Value of ₹5,00,000, issued at a discount, bringing the total value to ₹98,51,82,000. The CPs are rated CRISIL A1+ by CRISIL Ratings Limited.
Listing and Tenure
These CPs will be listed on the Wholesale Debt Market (WDM) Segment of BSE Limited. The date of allotment is September 23, 2025, and the maturity date is December 22, 2025. The fixed coupon rate for these CPs is 6.10%, with redemption scheduled for December 22, 2025.
Source: BSE
