Chalet Hotels Limited

December 21, 2021

National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex, Bandra (East), Mumbai 400 051. Scrip Code: CHALET

BSE Limited

Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001. Scrip Code: 542399

Dear Sir/ Madam,

Subject: Intimation pursuant to Regulation 30 of the SEBJ (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')

Pursuant to Regulation 30 of the Listing Regulations and further to the Outcome of the Board Meeting dated May 18, 2021, intimating approval of the Board of Directors of the Company in respect of raising long-term funds by way of Non-Convertible Debentures, please be informed that the Finance Committee of the Board of Directors of the Company at its meeting held today i.e., on December 21, 2021 has considered and approved the offer of Secured, Unlisted, Noncumulative, Redeemable and Non-Convertible Debentures upto an amount of Rs.375 crores to 'International Finance Corporation' on a Private Placement basis.

Further, the details of the said issue as required pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, is attached herewith as an Annexure.

We request you to take the aforementioned information on record.

Thanking You .

Yours faithfully, For Chalet Hotels Limited

Christabelle ~ Baptista Company Secretary & Compliance Officer

Encl.: As above

Regd. Off.: Raheja Tower, Plot No.C-30, Block 'G', Next to Bank of Baroda, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051. Phone: -t-91-22-2656 4000 Fax: -t-91-22-2656 5451 Website: www.chalethotels.com CIN: L55101MH1986PLC038538

Annexure

a)	Type of securities proposed to be issued (viz. equity shares, convertibles etc.)	Secured, Unlisted, Redeemable and Non-Convertible Debentures (NCDs)	Non-Cumulative,
b)	Type of issuance (further public offering, rights issue, depository receipts (ADR / GDR), qualified institutions placement, preferential allotment etc.	Private Placement of NCDs
c)	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	3,750 NCDs of Rs.10,00,000 each amounting to Rs.375 crores
d)	in case of issuance of debt securities or other non-convertible securities the listed entity shall disclose following additional details to the stock exchanqe(s)
	Size of the issue i.	Rs.375 crores to be issued in tranches
	Whether proposed to be listed? If yes, ii. name of the stock exchanQe(s)	The NCDs are not proposed to be listed
	iii. Tenure of the instrument Date of allotment: Date of maturity:	Date of Allotment: To be decided upon Date of Final Maturity: January 15, 2032 as per the redemption schedule stated in point d(ix) below
	iv. Coupon I interest offered, schedule of payment of coupon/interest and principal	Floating Rate Interest linked to 6M MIBOR OIS
	Charge / security, if any, created over V. the assets	The NCDs are Secured
	vi. Special right / interest / privileges attached to the instrument and chanQes thereof	Not Applicable
	vii. Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest/ principal	Not Applicable
	viii. Details of any letter or comments regarding payment / non-payment of interest, principal on due dates, or any other matter concerning the security and/or the assets along with its comments thereon, if any	Not Applicable Semi-annual redemption starting July 15, 2024
	Details of redemption of preference ix.
	shar:es "nciicaU r:ig- t,t:ie---maf\R8f-G.f	Date	Face be Value to
	r:eGl-em-pl;~oo-{wBel"-he+-GIJH)f-pr-sflts-Gr. out of fresl:l issue) and debentures		redeemed each in instalment
		From July 15, 2024 to January 15, 2028	Rs.50,000/- each in 8 instalments
		From July 15, 2028 to January 15, 2032	Rs.75,000/- each in 8 instalments
e)	Any cancellation or termination of proposal for issuance of securities including reasons thereof.	Not Applicable