Chalet Hotels Limited has announced the approval of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the appointment of M/s. Deloitte Haskins & Sells Chartered Accountants LLP as the new statutory auditors for a term of five consecutive financial years, succeeding the retiring B S R & Co. LLP. The company also provided updates on security coverage for its non-convertible debentures.
Chalet Hotels Limited Board Meeting Highlights
On July 29, 2026, the Board of Directors of Chalet Hotels Limited convened to consider and approve crucial financial and governance matters. The meeting resulted in the endorsement of the company’s unaudited standalone and consolidated financial results for the quarter that concluded on June 30, 2026.
Auditor Appointment and Transition
A significant decision made during the meeting was the appointment of M/s. Deloitte Haskins & Sells Chartered Accountants LLP as the new statutory auditors. This appointment is slated for a term of five consecutive financial years, commencing from the conclusion of the Annual General Meeting (AGM) for FY 2026-27 until the conclusion of the AGM for FY 2031-32. This transition occurs as the current auditors, M/s. B S R & Co. LLP, will have completed their two consecutive five-year terms by the conclusion of the AGM for FY 2026-27. The appointment is subject to shareholder approval.
Financial Performance and Disclosures
The approved financial results, along with the Limited Review Report from the statutory auditors, have been disclosed. Details regarding the nature and extent of security created for the company’s listed Non-Convertible Debentures are also outlined within these results. The company affirmed that these financial results will be made available on its website, www.chalethotels.com, and the websites of the stock exchanges, and will be published in newspapers as required by regulations.
Security Coverage for Debentures
Further information pertaining to the security cover certificate for the company’s listed Non-Convertible Debentures, in compliance with Regulation 54(3) of the Listing Regulations, was also enclosed. This reflects the company’s commitment to maintaining transparency and compliance regarding its financial instruments and associated securities.
Source: BSE
