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Chalet Hotels Ltd.

BSE: 542399 Sector: Services
BSE 00:00 | 24 Apr 2020 Chalet Hotels Ltd
NSE 05:30 | 01 Jan 1970 Chalet Hotels Ltd

Announcement under Regulation 30 (LODR)-Credit Rating

April 14, 2020, 6:19 pm | Source: BSE

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please be informed that the rating agency ICRA Limited has re-affirmed the rating ICRA BBB+ in respect of Terms Loans Long Term Fund Based Limits & Long-term Unallocated Limits and ICRA A2 for Short-term Non-fund Based limits and Short-term Unallocated Limits. The Outlook for the long term rating has been revised from Stable to Negative.

You are requested to take the same on record.