Chalet Hotels shareholders approved a final dividend of ₹1 per equity share for FY26 during the company’s 41st annual general meeting held on September 21, 2026. The meeting, conducted via video conference, also saw the approval of a special resolution to raise funds through the private placement of debt securities.

Members further ratified the appointment of Mr. Gautam Mehra as an independent director and re-appointed Mr. Ravi Raheja as a director retiring by rotation. The detailed scrutinizer’s report, issued by MMJB & Associates LLP on September 22, 2026, confirmed that all items of business were passed with the requisite majority.

Key Resolutions Passed

The following resolutions were approved by members:

• Adoption of audited standalone and consolidated financial statements for FY26 ended March 31, 2026.
• Approval of the final dividend of ₹1 per equity share for FY25-26.
• Authorization to raise capital via issue of debt securities on a private placement basis.
• Appointment of Mr. Gautam Mehra as an independent director.
• Re-appointment of Mr. Ravi Raheja as a director retiring by rotation.
• Ratification of remuneration payable to the cost auditor.

Voting Results Summary

The voting results indicate strong shareholder support for key financial and governance matters. Dissent was primarily observed in the re-appointment of directors, particularly among institutional investors.

Meeting Proceedings

Mr. Hetal Gandhi, Chairman of the Meeting, noted that Ms. Radhika Piramal and Mr. Arthur DeHaast, independent directors, were absent due to prior commitments. The quorum was present, and representatives of statutory auditors, secretarial auditors, and scrutinizers participated via video conference.

Ms. Christabelle Baptista, Company Secretary, informed members that remote e-voting commenced on September 18, 2026, and concluded on September 20, 2026. The facility remained open for 15 minutes post-meeting conclusion. A total of 46,546 shareholders were on record as of the cut-off date, September 15, 2026.

Auditor Observations

The Chairman stated that there were no qualifications, observations, or comments from statutory or secretarial auditors in their reports for the year ended March 31, 2026, except for an emphasis of matter by the statutory auditors. The detailed scrutinizer’s report was made available on the company’s website and NSDL’s e-voting portal.

Chalet Hotels shares flagged a large-trade signal on the NSE, with approximately 2,53,620 shares changing hands at ₹867.30 per share, for a combined value of ₹22.00 crore.

This is a real-time large-trade signal, not a confirmed block or bulk deal. NSE/BSE publish official block and bulk deal reports only after market close — this trade may or may not appear there.

Large-trade signal details

The following table summarises the key parameters of the flagged activity:

The signal reflects a cluster of trades in Chalet Hotels shares printed within a short window at or near ₹867.30, flagged by a real-time trade-scanning system for size and speed. The activity has not been confirmed or reported by the exchange as an official event.

No buyer, seller, broker, or client identity is known at this stage. Such details, if applicable, are disclosed by the exchange only after trading hours.

What this is, and isn't: this reflects trade-level activity — a cluster of trades in the stock above, printed within a short window at or near the quoted price, for a combined value as stated. It is generated by our real-time trade-scanning system and is not, by itself, evidence of a block or bulk deal.

A block deal has to be executed in the exchange's dedicated window (8:45–9:00am or 2:05–2:20pm), within a set price band, and above the current minimum order size (₹25 crore). A bulk deal is when one client's total trading in a stock crosses 0.5% of its equity in a single day — confirmed only once every trade that client made is added up.

Both are published by NSE/BSE after trading hours end, typically after 3:30pm — never before. If this trade qualifies as either, it will appear in the exchange's own report later today, not here first.