Credit Rating- Revision

September 30, 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 w.r.t Credit Rating Dear Sir / Madam, Pursuant to Regulations 30 and 51 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that ICRA Limited has vide its letter dated September 29, 2026, reaffirmed the Company’s Credit Rating and upgraded the outlook from ‘Stable’ to ‘Positive’. Details of the same are as given below: Credit Rating Previous Rating and Current Rating and Type Agency Outlook Outlook Non-Convertible Debentures* [ICRA] AA- / Stable [ICRA] AA- / Positive Long Term Fund Based Term Loans [ICRA] AA- / Stable [ICRA] AA- / Positive Long Term Fund Based Limits [ICRA] AA- / Stable [ICRA] AA- / Positive ICRA Limited Long Term Unallocated Limits [ICRA] AA- / Stable [ICRA] AA- / Positive Short Term Unallocated Limits [ICRA] A1+ [ICRA] A1+ Short Term Non-Fund Based Limits [ICRA] A1+ [ICRA] A1+ *Proposed, Limit enhanced from Rs.250 crore to Rs.500 crore 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