Chalet Hotels gets ratings upgrade from India Ratings and ICRA

Chalet Hotels has received upgradation in credit ratings as under -

India Ratings & Research
Term loans and fund based working capital limits - IND BBB+; Positive
Non fund based working capital limits - IND A2+

ICRA
Term loans, long term fund based limits - ICRA BBB+; Stable
Short term non fund based limits - ICRA A2

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