Chalet Hotels Limited announced on June 22, 2026, that its promoters have submitted a disclosure under Regulation 31(4) of the SEBI Takeover Regulations. The filing confirms no new encumbrances on the company's equity shares for the financial year 2025-26.
Promoter Ravi Chandru Raheja, along with persons acting in concert, stated that no encumbrances were placed on Chalet Hotels' shares during FY 2025-26, except those previously disclosed. This applies to direct or indirect encumbrances as required by the regulations.
The disclosure was submitted to both the BSE Limited and the National Stock Exchange of India Limited. Signatories include Ravi Chandru Raheja, Neel Chandru Raheja, Ivory Properties and Hotels Private Limited, K. Raheja Private Limited, K Raheja Corp Private Limited, and several LLPs such as Cape Trading LLP and Anbee Constructions LLP.
The letter, dated April 6, 2026, was addressed to the stock exchanges and lists 14 promoter entities providing the confirmation. This regulatory submission is mandated under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The filing ensures transparent reporting of any encumbrances on promoter holdings to the exchanges. It relates to the mandatory disclosure requirements for substantial acquisitions and takeovers under SEBI norms.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.