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Chalet Hotels Announces Shareholder Meeting for Strategic Amalgamation

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Chalet Hotels Announces Shareholder Meeting for Strategic Amalgamation

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Chalet Hotels Ltd. ( (IN:CHALET) ) has shared an announcement.

Chalet Hotels Limited has announced a meeting of its equity shareholders to discuss a Scheme of Arrangement and Amalgamation involving Sonmil Industries Private Limited and The Dukes Retreat Private Limited. This strategic move, scheduled for May 13, 2025, aims to streamline operations and potentially enhance the company’s market positioning, impacting stakeholders and industry dynamics.

More about Chalet Hotels Ltd.

Chalet Hotels Limited operates in the hospitality industry, focusing on the development and management of high-end hotels in key urban locations across India. The company is known for its luxury and upscale hotel properties, catering primarily to business travelers and tourists.

YTD Price Performance: -19.05%

Average Trading Volume: 41,202

Current Market Cap: 179.4B INR

See more data about CHALET stock on TipRanks’ Stock Analysis page.

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