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Indian shares are set for a muted start on Tuesday after a sharp rise in the previous session aided by financials, amid a slew of corporate earnings and ahead of key macroeconomic data.. | May 9, 2023
Chalet Hotels Ltd, marks its investment foray into leisure as it completes the ACQUISITION OF THE DUKES RETREAT , an 80-room Resort, spread over ~7.5 acres, surrounded by gorgeous waterfalls and picturesque views of the Western Ghats.
Chalet Hotels Ltd, the owner, developer, and asset manager of high-end hotels in key metro cities in India, bought Sonmil Industries Pvt Ltd for Rs75 crore and paid Rs82 crore for an 82.28% stake in Dukes Retreat Pvt Ltd at Khandala.
The Finance Committee of the Board of Directors of Chalet Hotels Limited has considered and approved the issue of NCDs aggregating to Rs. 100 crore to International Finance Corporation.