Chalet Hotels Limited — Others, 25-10-2024: Monitoring Agency Report

Chalet Hotels Limited reported that proceeds from their Qualified Institutions Placement (QIP) of ₹10,000 million have been utilized according to the planned objectives without any deviations. The Audit Committee reviewed the monitoring agency report by CRISIL Ratings, confirming proper use of funds for debt repayment and general corporate purposes. The details can be accessed on the company’s website for further information.