Chalet Hotels Ltd - 542399 - Board Meeting Outcome for Outcome Of The Board Meeting
Pursuant to Regulation 30 of the Listing Regulations, please be informed that the Board of Directors of the Company at its meeting held today i.e., on January 24, 2023 has, inter-alia, considered and approved: - the Statement of Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2022, in accordance with the provisions of Regulation 33 of the Listing Regulations; - conversion of the erstwhile Accenture Learning Centre Tower at Bengaluru into additional ~140 hotel rooms. Further, the proposed addition of 88 rooms which were in a warm-shell condition at Novotel Nagar Road Pune is nearing completion and the process of handover to the hotel team has commenced. The said hotel is under the Company's wholly owned subsidiary i.e. Belaire Hotels Private Limited. The meeting of the Board of Directors of the Company commenced at 11.30 a.m. and concluded at 1.30 p.m.24-01-2023