Chalet Hotels Limited — Credit Ratings, 05-12-2025: Credit Rating

Chalet Hotels has received credit ratings from ICRA Limited. Long-term instruments including proposed Non-Convertible Debentures and various bank facilities are assigned [ICRA] AA- with a Stable outlook. Short-term facilities received [ICRA] A1+. This new rating indicates a strong capacity for timely debt servicing, offering clarity for investors.