Chalet Hotels Ltd

Chalet Hotels Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The trading window will be shut from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This measure is to prevent any potential insider trading during the period leading up to and immediately following the financial results announcement. The specific date of the Board Meeting to approve these results will be communicated separately.

Nippon India Mutual Fund has disclosed the sale of shares in Chalet Hotels Ltd. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The sale transactions occurred between September 16, 2019, and June 15, 2026, via the open market. Prior to the sale, Nippon India Mutual Fund held 6,338,003 shares carrying voting rights in Chalet Hotels Ltd. The exact number of shares sold and the resulting post-sale holding are not explicitly detailed in the provided text.

The Supreme Court of India has set aside the Bombay High Court's order regarding the restoration of land allotted by CIDCO to K. Raheja Corp Private Limited (KRCPL) for Chalet Hotels' Four Points by Sheraton Navi Mumbai, Vashi. The Supreme Court upheld a mechanism for regularization of the allotment, subject to payment of amounts determined by the SC. This resolves a litigation involving two Public Interest Litigations challenging the land allotment. The company is evaluating the detailed judgment and will provide further disclosures if required.

Chalet Hotels Ltd has submitted applications to the National Stock Exchange of India Limited and BSE Limited, seeking reclassification of Content Properties Private Limited and Sycamore Properties Private Limited from the Promoter Group to the Public category. Both entities hold 0 shares, representing 0.00% shareholding. This action is pursuant to Regulation 31A(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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.

The Board of Directors of Chalet Hotels Ltd, in its meeting on May 14, 2026, considered and approved the requests for re-classification of Content Properties Private Limited and Sycamore Properties Private Limited from the Promoter Group to the Public category. Both entities hold 0 shares, representing 0.00% shareholding. The re-classification is subject to necessary approvals from stock exchanges, including the National Stock Exchange of India Limited and BSE Limited. The company will be making the necessary applications to the Stock Exchanges as per the applicable laws and regulations. The disclosure is available on the company's website.

Chalet Hotels Ltd reported strong FY26 results with consolidated revenue crossing ₹25 billion and EBITDA exceeding ₹10 billion. Total room inventory surpassed 5,000 keys. FY26 consolidated revenue (ex-Resi) was up 18% YoY at ₹20.7 billion, with ARR at ₹13,727 (up 13% YoY) and RevPAR at ₹9,226 (up 5% YoY). Consolidated EBITDA (ex-Resi) increased by 21% to ₹9.6 billion, with a margin of 46.2%. Consolidated PAT stood at ₹6.5 billion. The company's portfolio includes 7 projects in the pipeline with approximately 1,655 keys.

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.

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.

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.