Chalet Hotels Limited has informed the Exchange regarding Allotment of 200468 Shares.
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Chalet Hotels has allotted 2,00,468 fully paid-up equity shares to eligible employees under its ESOP 2023 plan, approved by the Compensation, Nomination and Remuneration Committee on January 2, 2026. The shares have a face value of Rs.10 each and were issued at an exercise price of Rs.528 (premium of Rs.518), generating approximately Rs.10.58 crore for the company. Post-allotment, the total paid-up equity share capital stands at Rs.2,18,95,39,000 comprising 21,89,53,900 shares. The new shares will rank equally with existing shares and have no lock-in restrictions.
This is a routine ESOP allotment with a minor dilution of about 0.09% to existing shareholders. It signals employee incentivization but is unlikely to have any material impact on the stock price. No lock-in expiry or delisting concerns arise from this filing.