5423992026-04-275423992026-04-272026-04-275423992026-04-27in-capmkt:FinancialYear1Member5423992026-04-27in-capmkt:FinancialYear2Member5423992026-04-27in-capmkt:FinancialYear3Member5423992026-04-272026-04-27in-capmkt:FinancialYear1Member5423992026-04-272026-04-27in-capmkt:FinancialYear2Member5423992026-04-272026-04-27in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pure542399Chalet Hotels LimitedCHALETNOTLISTEDINE427F01016NewAcquisition (including agreement to acquire)true2026-04-2411:23:002026-04-27Chalet Hotels LimitedListed Entity (self)Seasons Hotels Private Limited74300000420000098200000falsefalsefalsefalseHospitalityThe line of business is the same as that of our Company. The acquisition is in line with the Company’s expansion strategy to diversify the portfolio to include leisure properties spanning different geographies.NAtrueBy May 15, 2026 or such date as may be mutually agreed upon (for entire 100% of Equity Shares)Cash1710000000Cash Consideration17100000000Seasons Hotels Private Limited is the owning entity of Inder Residency Resort & Spa Udaipur. Inder Residency is a 144 room hotel with ~3 acres of lawn area, a large banqueting space, 2 restaurants, and a bar.2001-12-272024-2025743000002023-20241035000002022-202397200000IndiaPursuant to the provisions of Regulations 30 and 51 read with Schedule III of the Listing Regulations and further to our intimation dated December 11, 2025, this is to inform that the Board of Directors at its meeting held today i.e. on April 24, 2026 approved the acquisition of Seasons Hotels Private Limited, owning company of a 144 room hotel viz. Inder Residency Resort & Spa, Udaipur in the state of Rajasthan for a consideration of Rs.1,710 million. The Company is in the process of entering into definitive agreements with the parties. The meeting of the Board of Directors of the Company commenced at 10.30 a.m. and concluded at 11.23 a.m.