BSE - Corporate Announcement

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06 May 24 | 11:56 | Open

Corporate Announcement

Company

Chalet Hotels Ltd

Scripcode

542399

Qualified Institutions Placement Of Equity Shares Of Face Value Of Rs.10 Each ('Equity Shares') By Chalet Hotels Limited ('Company') Under The Provisions Of Chapter VI Of The Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018, As Amended ('ICDR Regulations'), And Sections 42 And 62(1)(C) Of The Companies Act, 2013, As Amended, Including The Rules Made Thereunder ('Issue') - Allotment | 04/03/24 00:52

We wish to inform you that the QIP Committee has approved allotment of 1,26,26,263 Equity Shares to eligible QIBs for an Issue Price of Rs.792 per Equity Share, at a premium of Rs.782 per Equity Share, aggregating to Rs.10,000 million, pursuant to the said QIP of Equity Shares.

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