General Updates

September 7, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Corporate Relationship Department Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Fort, Mumbai 400 051. Mumbai 400 001. Scrip Code: CHALET Scrip Code: 542399 (Equity Shares) 976529 (Non-Convertible Debentures) Dear Sir/ Madam, Subject: Update on Acquisition – Lakeview Mercantile Company Private Limited Ref.: Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Pursuant to the provisions of Regulations 30 and 51 read with Schedule III of the Listing Regulations and further to the earlier intimation dated May 12, 2025, this is to inform that the Company has today i.e. on September 7, 2026, completed execution of Share Purchase Agreement and acquisition of 100% of the Equity Share Capital of Lakeview Mercantile Company Private Limited, being the owning entity of a land parcel at Bambolim in Goa with potential of a hotel development for a ~170 room luxury resort. Consequently, the said entity has become a wholly-owned subsidiary of the Company. The details with respect to the said acquisition as required pursuant to the Listing Regulations read with SEBI Master Circular dated January 30, 2026 have already been submitted vide letter dated May 12, 2025. We request you to take the aforementioned information on record. Thanking You. Yours faithfully, For Chalet Hotels Limited Christabelle Baptista Company Secretary and Compliance Officer Chalet Hotels Limited Regd. Off. : Raheja Tower, Plot No.C-30, Block ‘G’, Next to Bank of Baroda, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051. Website: www.chalethotels.com Email: companysecretary@chalethotels.com Phone: +91-22-2656 4000 Fax: +91-22-2656 5451, CIN: L55101MH1986PLC038538