Chalet Hotels Ltd

Chalet Hotels Ltd has announced the rejection of its application for re-classification of certain entities from the 'promoter group' to the 'public' category. The entities, Sundew Real Estate Private Limited, Pramaan Properties Private Limited, Content Properties Private Limited, and Sycamore Properties Private Limited, had requested the re-classification due to changes in their shareholdings. However, the stock exchanges denied the application, citing that the majority shareholder of these entities is Mindspace Business Parks REIT, whose unitholders/sponsors, along with associated entities, hold a majority stake in Chalet Hotels Ltd. Consequently, these entities will continue to be classified as part of the Promoter Group.

Chalet Hotels Limited has successfully completed a corporate action involving the issuance of 2,000 Listed, Rated, Taxable, Transferable Commercial Papers (CPs) aggregating to ₹100 crore on a private placement basis. The issuance, rated CRISIL A1+ by CRISIL Ratings Limited, matures on December 24, 2026, with a fixed coupon rate of 6.60%. The CPs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE Limited. This move signifies the company's ability to access short-term debt financing.

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 October 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and six months ended September 30, 2026. This measure is to prevent insider trading during the sensitive period leading up to the financial results announcement. The company will separately announce the date of the Board Meeting where these results will be declared.

Chalet Hotels Ltd has announced the completion of its acquisition of 100% of the Equity Share Capital of Lakeview Mercantile Company Private Limited. This entity owns a land parcel in Bambolim, Goa, with potential for a ~170 room luxury resort development. Following the execution of the Share Purchase Agreement on September 7, 2026, Lakeview Mercantile Company Private Limited has become a wholly-owned subsidiary of Chalet Hotels Ltd. Further details regarding the acquisition were previously submitted on May 12, 2025.

Chalet Hotels Ltd has communicated with shareholders whose email addresses are not registered, providing a weblink to access the Integrated Annual Report for FY2026 and previous years. This action is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company encourages shareholders to update their email addresses with their depositories to ensure receipt of future communications. The weblink for the FY2026 report and a general link for all annual reports are provided.

Chalet Hotels Ltd has announced its 41st Annual General Meeting (AGM) to be held on September 21, 2026, at 4:00 p.m. IST via Video Conferencing. The integrated annual report for FY 2026 is enclosed with the notice. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY 2026, approval of a final dividend of Re.1 per equity share for FY 2025-26, and the re-appointment of Mr. Ravi Raheja as a director. Additionally, the AGM will seek ratification of remuneration for the Cost Auditor for FY 2026-27 and consider a special resolution for raising funds through debt securities via private placement. The cut-off date for e-voting eligibility is September 15, 2026, with remote e-voting open from September 18 to September 20, 2026.

Chalet Hotels Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2026, as required by SEBI regulations. The report, which is part of the Integrated Annual Report, details the company's performance across various sustainability and business responsibility parameters. The company operates primarily in accommodation and food services (62% of turnover) and real estate (38% of turnover). The BRSR Core indicators received reasonable assurance, while ESG and non-core BRSR indicators received limited assurance from TUV India Private Limited. The report covers consolidated operations, including subsidiaries like The Dukes Retreat Private Limited and Sonmil Industries Private Limited.

Chalet Hotels Ltd has announced its 41st Annual General Meeting (AGM) scheduled for September 21, 2026, to be held via Video Conferencing. The meeting will cover the adoption of audited standalone and consolidated financial statements for the Financial Year ended March 31, 2026. Key agenda items include the approval of a final dividend of Re.1 per equity share for FY2025-26, the re-appointment of a director retiring by rotation, ratification of remuneration for the Cost Auditor, and a special resolution for raising funds through debt securities via private placement. The Integrated Annual Report for FY2026, along with the AGM notice and e-voting instructions, is available on the company's website and has been sent electronically to eligible members. The cut-off date for e-voting eligibility is September 15, 2026.

Chalet Hotels Ltd has rebranded its 152-room hotel, formerly Four Points by Sheraton, Navi Mumbai Vashi, to ATHIVA Pulse, NAVI MUMBAI – AUTOGRAPH COLLECTION, effective August 25, 2026. This marks the company's second Athiva-branded hotel and the second Autograph Collection hotel from Marriott International in India. The rebranded hotel features a 30,000 sq. ft. wellness ecosystem called 'The Daily Club', tech-forward productivity spaces, and a 100% women-led artisanal cafe. The 'BIZWELL' proposition aims to cater to the next generation of travelers with a focus on intention, wellbeing, and local community connection.

Chalet Hotels Ltd has announced September 11, 2026, as the record date to determine shareholders eligible for the final dividend for the Financial Year 2025-26. The company's Annual General Meeting (AGM) is scheduled for September 21, 2026, where the dividend will be proposed for shareholder approval. The final dividend, if approved, will be paid within 30 days post-AGM. This announcement is made in compliance with SEBI Listing Regulations.