At meeting held on 22 March 2023
The Board of Chalet Hotels at its meeting held on 22 March 2023 has approved the execution of share purchase agreements for acquisition of:
- 100% of the equity shares of Sonmil Industries, and
- 82.28% of the equity shares of The Dukes Retreat (17.72% of the equity shares of The Dukes Retreat will continue to be held by Sonmil Industries which is also being acquired).
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