Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30(6) read with Para A of Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, given below are details of the Company's participation in an Investor Conference: Date: December 3, 2021 Name of the Investor Conference: Motilal Oswal Ideation Conference Type of Interaction: Call Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30(6) read with Para A of Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance therewith, given below are details of the interaction with the Institutional Investor: Date: November 16, 2021 Name of the Institutional Investor: GIC Private Limited Type of Interaction: Call You are requested to take the same on record. Chalet Hotels Ltd - 542399 - Disclosure Under Regulation 30 Read With Para B Of Part A Of Schedule III Of The Listing Regulations - Orders Passed By The Hon''ble Karnataka High Court In Respect Of The Litigation With Hindustan Aeronautics Limited (''HAL'')
Further to the earlier intimation dated 23.10.21, wherein the Company had informed that it had arrived at a settlement with HAL in connection with cancellation of NOC for height permission in respect of its Residential Project at Koramangala Bengaluru, this is to inform that we have received today the certified copies of the final orders passed by the Hon''ble Karnataka High Court on 26.10.21, disposing of the Writ Appeal Nos. 704 of 2020 and 397 of 2020 filed by the Company and HAL respectively, in terms of the settlement. All customers who desired to exit have been refunded their amounts, and continuing customers have consented to revised development proposal for obtaining necessary approvals for proceeding with the development. This marks the closure of the long-standing litigation concerning the Company''s Residential Project at Koramangala and paves the way for completion of the project, as per proposed revised building plans and subject to obtaining the necessary approvals. Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find attached herewith the transcript of the Earnings Call held by the Company in respect of the Unaudited Financial Results for the quarter and six months ended September 30, 2021. Further, pursuant to the provisions of Regulation 46 of the Listing Regulations, the aforesaid transcript will also be disclosed on the website of the Company i.e. www.chalethotels.com. Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to the provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith, copies of the newspaper advertisements publishing the Financial Results for the quarter and six months ended September 30, 2021 (approved at the meeting of the Board of Directors of the Company held on Thursday, October 28, 2021) published in the following newspapers: 1. Financial Express on October 29, 2021; 2. Free Press Journal on October 29, 2021; and 3. Navshakti on October 29, 2021. Q2FY22 Quarterly Result Announced for Chalet Hotels Ltd.
Highlights OCCUPANCY RAMPS UP TO 56% EXPANSION OF 20 PP QoQ TOTAL INCOME AT RS. 1,376 MN, UP 88% QoQ REVPAR AT RS. 2,161, UP 73% QoQ Total Income grew by 88% to Rs. 1,376 mn as compared to Q1FY22 EBITDA (from continuing operations) was at Rs. 441 mn as compared to Rs. (32) mn in Q1FY22 For the Hospitality segment performance as compared to Q1FY22: Revenue Growth for Q2FY22 was 85% Occupancy for Q2FY22 was at 56% as against 36% for Q1FY22 an expansion of 20 PP REVPAR at Rs. 2,161 up by 73% Retail & Commercial segment (Incl Discontinued): revenues were at Rs. 377 mn with EBITDA at Rs. 326 mn for Q2FY22 Speaking on the results, Mr. Sanjay Sethi, MD & CEO, Chalet Hotels Limited, said, “The hospitality performance has seen a sharp ramp up backed by significant increase in the vaccination numbers along with easing of restrictions in the country. We have streamlined our business over the past few quarters and re-mobilized dormant assets and re-purposed underperforming ones. I would like to highlight, that the progress on our residential project at Koramangla, Bengaluru is in line with our strategy of unlocking value for the business and will pave way for the monetisation of this luxury project in the upmarket residential district of Bengaluru. In addition, Chalet has significant value to be unlocked from its exiting balance sheet, coupled with our strength in asset management, improving efficiencies and our ESG commitments we are confidant of long-term sustainable growth.” Result PDF Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''Listing Regulations''), we are attaching herewith a copy of the presentation prepared by the Company for the earnings call scheduled with the Investors/ Analysts to be held on Friday, October 29, 2021 at 10.30 a.m. (1ST), in relation to the Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended September 30, 2021, which have been approved by the Board of Directors of the Company at its meeting held today, i.e. on October 28, 2021, in accordance with the provisions of Regulation 33 of the Listing Regulations. We request you to take the above information on record. Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), attached herewith is a copy of the Press Release in relation to the Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended September 30, 2021 approved under Regulation 33 of the Listing Regulations by the Board of Directors of the Company at its meeting held today i.e., October 28, 2021. Chalet Hotels Ltd - 542399 - Board Meeting Outcome for Outcome Of The Board Meeting
Pursuant to Reg 30 of the Listing Regulations, please be informed that the Board of Directors of the Company at its meeting held today i.e., on October 28, 2021 has, inter-alia, considered and approved: - the Statement of Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended September 30, 2021, in accordance with the provisions of Regulation 33 of the Listing Regulations; - discontinuation of operations of the Company's retail premises viz. Inorbit Mall Whitefield, Bengaluru and conversion of the same to Commercial Office space, and the consequent termination of the Management & Royalty Agreements with lnorbit Malls (India) Private Limited w.e.f. November 1, 2021 in respect of the same. The Company is actively engaging to let out the space as commercial office space; - designation of Mr. Rajneesh Malhotra, Chief Operating Officer as a Key Managerial Personnel of the Company in terms of the Section 2(51) of the Companies Act, 2013. Chalet Hotels Ltd - 542399 - Outcome Of The Board Meeting
Pursuant to Reg 30 of the Listing Regulations, please be informed that the Board of Directors of the Company at its meeting held today i.e., on October 28, 2021 has, inter-alia, considered and approved: - the Statement of Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended September 30, 2021, in accordance with the provisions of Regulation 33 of the Listing Regulations; - discontinuation of operations of the Company's retail premises viz. Inorbit Mall Whitefield, Bengaluru and conversion of the same to Commercial Office space, and the consequent termination of the Management & Royalty Agreements with lnorbit Malls (India) Private Limited w.e.f. November 1, 2021 in respect of the same. The Company is actively engaging to let out the space as commercial office space; - designation of Mr. Rajneesh Malhotra, Chief Operating Officer as a Key Managerial Personnel of the Company in terms of the Section 2(51) of the Companies Act, 2013.