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The latest update is out from Chalet Hotels Ltd. ( (IN:CHALET) ).
Chalet Hotels has allotted 200,468 fully paid-up equity shares of Rs 10 each to eligible employees under its CHL Employee Stock Option Plan 2023, following approval by the Compensation, Nomination and Remuneration Committee on 2 January 2026. The new shares, issued at an exercise price of Rs 528 and ranking pari passu with existing equity, increase the company’s paid-up equity share capital from 21,87,53,432 to 21,89,53,900 shares (Rs 2,18,75,34,320 to Rs 2,18,95,39,000), marginally diluting existing holdings while reinforcing employee ownership and aligning staff incentives with long-term shareholder value.
More about Chalet Hotels Ltd.
Chalet Hotels Limited is an Indian hospitality company that owns, develops and operates hotels and related assets, with its equity shares listed on the National Stock Exchange of India and BSE Limited. The company’s capital structure includes equity shares, non-convertible debentures and commercial paper, reflecting a diversified presence in domestic capital markets.
Average Trading Volume: 14,292
Technical Sentiment Signal: Strong Buy
Current Market Cap: 190.4B INR
Learn more about CHALET stock on TipRanks’ Stock Analysis page.