Board Meeting14 May 2026, 09:01 pm
Chalet Hotels Approves FY26 Results, ₹1 Dividend, Stake Dilution
AI Summary
Chalet Hotels Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They also approved seeking shareholder approval for raising up to ₹10,000 million via NCDs or other debt instruments. Additionally, the board approved a partial stake dilution in Chalet Airport Hotel Private Limited, with CHL retaining 70% ownership. A final dividend of Re.1 per equity share was recommended, subject to shareholder approval.
Key Highlights
- Audited FY26 standalone and consolidated financial results approved.
- Shareholder approval sought for raising up to ₹10,000 million via debt.
- Partial stake dilution in Chalet Airport Hotel Private Limited approved; CHL to hold 70%.
- Final dividend of Re.1 per share recommended, subject to shareholder approval.
- CHL's total investment in Chalet Airport Hotel Private Limited will be ₹385 crore.
Price Impact
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