Chalet Hotels Limited has informed the Exchange regarding Allotment of 90000 Shares.
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Chalet Hotels has allotted 90,000 fully paid-up equity shares (face value Rs.10) to eligible employees under its ESOP 2022 plan, approved by the Compensation, Nomination and Remuneration Committee on July 31, 2025. The exercise price was Rs.292 per share, meaning the company received Rs.2.63 crore in total. The new shares rank equally with existing equity shares. Post-allotment, total paid-up share capital stands at 21,85,80,415 shares (Rs.218.58 crore). This is part of the broader ESOP pool of 12,17,831 options, of which 7,06,288 were already exercised and 1,06,435 have lapsed.
This is a routine ESOP allotment causing negligible dilution (~0.04% increase in share count). No material impact on existing shareholders; the stock price is unlikely to be affected by this disclosure.