Chalet Hotels Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Re. 1 per equity share.
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Chalet Hotels' Board meeting on May 14, 2026 approved multiple items including audited FY2026 financial results and recommended a final dividend of Re. 1 per equity share (10% on Rs. 10 face value), subject to shareholder approval at the AGM. The company also sought approval to raise up to Rs. 10,000 million via NCDs or Commercial Paper, and approved partial stake dilution in subsidiary Chalet Airport Hotel Private Limited from 100% to 70% with total investment of Rs. 385 crore. For FY2026, revenue from operations stood at Rs. 27,697.53 million with profit after tax of Rs. 6,450.17 million, significantly higher compared to FY2025 revenue of Rs. 17,178.25 million and PAT of Rs. 1,424.94 million. The company had already declared an interim dividend of Rs. 1 per share in Q3 FY2026.
The final dividend of Re. 1 per share is modest despite strong profit growth. For shareholders, the dividend signals confidence in earnings but the conservative payout ratio suggests retained capital for growth and debt reduction. The planned fundraising and WOS stake dilution indicate strategic capital reallocation.