Chalet Hotels Limited — Others, 15-05-2025: Shareholders meeting

Chalet Hotels Limited has announced a board meeting on the approval of a Scheme of Arrangement and Amalgamation involving Sonmil Industries Private Limited, The Dukes Retreat Private Limited, and itself. Shareholders showed strong support, with over 93.7% voting in favor through remote and onsite e-voting. The company also allotted 35,000 equity shares under its Employee Stock Option Plan, slightly increasing share capital. This consolidation move aims to improve operational efficiency and unlock greater shareholder value.