Chalet Hotels Limited — Important, 12-08-2025: Updates

Chalet Hotels' wholly-owned subsidiary has acquired approximately 18,848 square meters of land in Narendra Nagar, Uttarakhand, for a cash consideration of Rs 60 Crore. This strategic investment aims to expand the company's presence in the high-end leisure market, leveraging its proximity to the existing Westin Resort & Spa, Himalayas. This move indicates growth potential in a key hospitality segment.