Chalet Hotels Limited — Others, 13-05-2025: Shareholders meeting

Chalet Hotels Limited has announced a shareholder meeting via video conference where a Scheme of Arrangement and Amalgamation involving Sonmil Industries Pvt Ltd, The Dukes Retreat Pvt Ltd, and Chalet Hotels was approved. The Managing Director & CEO provided clarifications before shareholders voted remotely, endorsing the merger plan. This consolidation is set to reshape the company’s operational framework and could enhance growth opportunities, signaling an important strategic step for investors.