Board Meeting14 May 2026, 09:11 pm
Chalet Hotels Approves FY26 Results, ₹1 Dividend, Stake Dilution
AI Summary
Chalet Hotels Ltd's board approved audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of Re.1 per equity share. The board also approved seeking shareholder approval for raising up to ₹10,000 million through NCDs or other debt instruments. Additionally, it approved the dilution of a partial stake in Chalet Airport Hotel Private Limited, with CHL retaining a 70% stake after the transaction.
Key Highlights
- Approved audited standalone and consolidated financial results for FY26.
- Recommended a final dividend of Re.1 per equity share.
- To seek approval for raising up to ₹10,000 million via NCDs or other debt.
- Approved dilution of partial stake in Chalet Airport Hotel Private Limited; CHL to retain 70%.
Price Impact
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