Chalet Hotels has submitted an application to the National Stock Exchange of India Limited and BSE Limited, seeking no objection for the reclassification of two entities from its promoter group to public status. The entities involved in this request are Content Properties Private Limited and Sycamore Properties Private Limited, both of which currently hold zero shares and therefore have no shareholding percentage in the company.
This move comes in accordance with Regulation 31A(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously intimated the exchanges about this development through letters dated May 11 and May 15, 2026.
Chalet Hotels has ensured transparency by placing this disclosure on its official website, www.chalethotels.com. The company has requested the stock exchanges to take this information on record.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).