Credit Rating upgrade letter enclosed

September 22, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Corporate Relationship Department Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (East). Dalal Street, Fort. Mumbai 400 051. Mumbai – 400 001. Scrip Code: CHALET Scrip Code: 542399 (Equity) 976529 (Non-Convertible Debentures) Sub: Intimation of Revision in Credit Rating Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that India Ratings & Research Private Limited has vide email dated September 22, 2026, upgraded the Company’s Credit Rating as per details given below: Credit Rating Previous Rating and Current Rating Type Agency Outlook and Outlook Term Loans and Fund-based IND AA- / Stable IND AA / Stable India Ratings & Working Capital limits Research Private Non-Convertible Debentures IND AA- / Stable WD Limited Non-Fund based Working Capital IND A1+ IND A1+ limits WD – Rating Withdrawn You are requested to take the same on record. Thanking You Yours sincerely, For Chalet Hotels Limited Christabelle Baptista Company Secretary and Compliance Officer Chalet Hotels Limited Regd. Off. : Raheja Tower, Plot No.C-30, Block ‘G’, Next to Bank of Baroda, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051. Website: www.chalethotels.com Email: companysecretary@chalethotels.com Phone: +91-22-2656 4000 Fax: +91-22-2656 5451, CIN: L55101MH1986PLC038538