Chalet Hotels Limited — Others, 29-01-2025: ESOP/ESOS/ESPS

Chalet Hotels Limited's Compensation, Nomination and Remuneration Committee has approved the grant of 2,11,012 Employee Stock Options under the CHL Employee Stock Option Plan 2023 and the allotment of 27,642 fully paid-up equity shares under the previous CHL Employee Stock Option Plan 2022. Post-allotment, the company's equity share capital will increase to ₹21,84,55,415. This move aims to strengthen employee retention and align their interests with long-term company performance. Investors may view this as a positive outlook, recognizing the potential for enhanced employee motivation and company growth.