Chalet Hotels Limited has received reclassification requests from two entities currently forming part of its Promoter Group, seeking to be moved to the Public category. The disclosure was made pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to the stock exchanges on May 11, 2026.

Reclassification Requests Filed Under Regulation 31A

The company informed the exchanges that two entities have formally requested reclassification from the Promoter Group to the Public category. As per the regulatory intimation, both entities hold no shares in the company at the time of the request. The details of the entities seeking reclassification are as follows:

Board Approval Process

In accordance with Regulation 31A(8) of the Listing Regulations, the reclassification requests are required to be placed before the Board of Directors at its forthcoming meeting. The company has stated that the disclosure has also been made available on its official website at www.chalethotels.com . The intimation was signed by Christabelle Baptista, Company Secretary and Compliance Officer of Chalet Hotels Limited.

Chalet Hotels Limited has completed the acquisition of 100% of the equity share capital of Seasons Hotels Private Limited on May 5, 2026. With the conclusion of this transaction, Seasons Hotels Private Limited has become a wholly-owned subsidiary of Chalet Hotels Limited. The development was disclosed to the stock exchanges pursuant to Regulations 30 and 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Acquisition Details

The company informed the exchanges that this acquisition follows a series of earlier intimations filed on December 11, 2025, April 24, 2026, and April 25, 2026. The requisite details pertaining to the acquisition, as mandated under the Listing Regulations read with SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, had already been submitted vide letter dated April 24, 2026.

The key details of the acquisition are summarised below:

Regulatory Compliance

The disclosure was made in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular dated January 30, 2026. The communication was signed by Christabelle Baptista, Company Secretary and Compliance Officer of Chalet Hotels Limited, and was addressed to both the National Stock Exchange of India Limited and BSE Limited.