Board Meeting14 May 2026, 09:21 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 approved raising funds up to ₹10,000 million via NCDs or other debt instruments and dilution of a partial stake in Chalet Airport Hotel Private Limited, retaining 70% ownership. A final dividend of Re.1 per equity share was recommended, subject to shareholder approval.
Key Highlights
- Audited financial results for FY26 approved with unmodified audit opinion.
- Shareholder approval sought for raising up to ₹10,000 million via debt instruments.
- Partial stake dilution in Chalet Airport Hotel Private Limited to 70% ownership.
- Final dividend of Re.1 per share recommended, pending shareholder approval.
- Security cover certificate enclosed as per Regulation 54(3).
Price Impact
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