Interest burden will reduce significantly: Chalet Hotels
  • WebDesk BTVI
  • Feb 07 2019

Chalet Hotels MD & CEO Sanjay Sethi speaking with BTVI, on the shareholding pattern, says promoters continue to hold 71% post IPO. On expansion plans, he says 3 upcoming projects are lined up, and they come up in Navi Mumbai, Hyderabad and Powai in Mumbai. From the IPO, he says debt will come down to Rs 1000 cr, and interest burden will reduce significantly.