MoneyWorks4Me

Chalet Hotels incorporates wholly-owned subsidiary

19 Aug 2022 Evaluate

Chalet Hotels has incorporated a wholly-owned subsidiary by the name ‘Chalet Airport Hotel’. This company has been incorporated as an SPV primarily for the purpose of implementation of the terminal hotel project at a site opposite to Terminal 3 at the IGI Airport, New Delhi. Subscription to 1,00,000 Equity Shares of the said wholly-owned subsidiary of Rs 10 each amounting to Rs 10 lakh.

Chalet Hotels (CHL), is an owner, developer and asset manager of high-end hotels in key metro cities in India.

Peers
Company Name CMP
The Indian Hotels Co 726.00
ITC Hotels 162.05
Mahindra Holi.&Resor 200.20
EIH 294.90
Chalet Hotels 880.80
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