Chalet Hotels Limited — Others, 13-04-2025: Copy of Newspaper Publication

Chalet Hotels Limited has announced a board meeting on May 13, 2025, at 3:00 p.m. (IST) to discuss the Scheme of Arrangement and Amalgamation with Sonmil Industries Private Limited and The Dukes Retreat Private Limited, as sanctioned by the National Company Law Tribunal. This strategic move is aimed at streamlining operations and enhancing shareholder value. The proposed amalgamation could potentially strengthen market presence and operational efficiency. Investors may view this development positively, potentially leading to increased confidence in the company's growth trajectory despite the uncertainties inherent in mergers and acquisitions.