Chalet Hotels allots shares under employee stock option plan

Chalet Hotels Limited's Compensation, Nomination and Remuneration Committee, through a resolution dated November 17, 2025, has approved the allotment of 54,017 fully paid-up equity shares. These shares, each with a face value of INR 10, are being issued to eligible employees under the CHL Employee Stock Option Plan 2022. The newly allotted shares will rank pari-passu with the company's existing equity shares.

This allotment increases the company's total issued shares to 21,87,39,432, with the total paid-up share capital now standing at INR 2,18,73,94,320. The exercise price per share for this allotment was INR 292, with a premium per share of INR 282. Prior to this allotment, the total issued shares were 21,86,85,415, amounting to INR 2,18,68,54,150.

The CHL Employee Stock Option Plan 2022 covers a total of 12,17,831 employee stock options, convertible into an equivalent number of equity shares. To date, 9,01,288 options have been exercised, with this current exercise resulting in 54,017 shares and generating INR 1,57,72,964 for the company. The diluted earnings per share, pursuant to this issue, are stated as INR 17.02 (standalone) and INR 17.00 (consolidated).