Chalet Hotels: Promoter Reclassification Approved, Subject to Approvals

Chalet Hotels Ltd's board approved the reclassification of Content Properties Private Limited and Sycamore Properties Private Limited from the Promoter Group to the Public category. Both entities hold 0 shares (0.00% shareholding). The decision is subject to necessary approvals, including from the National Stock Exchange of India Limited and BSE Limited. The board meeting was held on May 14, 2026, commencing at 3.15 p.m. and concluding at 5.38 p.m.