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The board of Chalet Hotels at its meeting held on 24 April 2026 has approved the acquisition of Seasons Hotels, owning company of a 144 room hotel viz. Inder Residency Resort & Spa, Udaipur in the state of Rajasthan for a consideration of Rs.171 crore.

Chalet Hotels (CHL) marks its foray into Udaipur, Rajasthan with the acquisition of �Seasons Hotels`, the owning entity of the property - �Inder Residency Resort & Spa Udaipur�, for a total consideration of Rs 171 crore. This acquisition reinforces CHL`s strategy of disciplined expansion in high-growth leisure markets, with a focus on asset enhancement, premium positioning, and long-term value creation. The property spread across ~8.2 Acres features 144 rooms, expansive lawns, and banqueting facilities, making it well-suited for weddings, MICE, and leisure travel. The property will be upgraded to upper upscale / premium lifestyle destination and remain non operative during this period. CHL will evaluate the possibility of expanding the property and adding additional rooms.Speaking on the acquisition, Shwetank Singh, Managing Director & CEO, Chalet Hotels, said: �We are delighted to announce our entry into Rajasthan with the acquisition of this resort in Udaipur, a market we have been keen to enter. This investment reflects our continued focus on expanding in high-growth leisure destinations with strong long-term potential. The property is well-located and offers significant headroom for value creation through refurbishment, repositioning, and expansion. As we enhance and reposition the resort, our focus will be on creating a high-quality, experience-led destination that delivers both strong guest appeal and long-term value.�

Net profit of Chalet Hotels rose 28.54% to Rs 124.09 crore in the quarter ended December 2025 as against Rs 96.54 crore during the previous quarter ended December 2024. Sales rose 27.06% to Rs 581.68 crore in the quarter ended December 2025 as against Rs 457.79 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales581.68457.79 27 OPM %45.5744.71 - PBDT226.72166.06 37 PBT168.26118.35 42 NP124.0996.54 29 Powered by Capital Market - Live News

Chalet Hotels will hold a meeting of the Board of Directors of the Company on 2 February 2026.Powered by Capital Market - Live News

Chalet Hotels announced that the Board of Directors of the Company at its meeting held on 04 November 2025, has recommended a Interim Dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.Powered by Capital Market - Live News