Chalet Hotels Limited has declared an interim dividend of Re.1, representing 10% of the face value of ₹10 per equity share, during a board meeting held on November 4, 2025. This announcement marks a significant financial move for the company as it aims to reward its shareholders for the financial year 2025-26. The interim dividend will be applicable to all shareholders holding equity shares as of the record date, November 11, 2025.

In compliance with the Income-tax Act, 1961, dividends distributed after April 1, 2020, are taxable in the hands of shareholders, necessitating the deduction of Tax Deducted at Source (TDS) at applicable rates. Chalet Hotels has communicated this requirement to shareholders, emphasizing the need to submit necessary documentation, including Permanent Account Number (PAN) and residency status, to ensure proper TDS calculation. The interim dividend will be processed and paid within 30 days of its declaration, specifically on or before December 3, 2025, through electronic means for those who have updated their bank details.

Shareholders are urged to ensure that their relevant details are updated with their respective Depository Participants before the record date to avoid complications. Notably, if a shareholder fails to link their Aadhaar number with their PAN by the prescribed deadlines, their PAN will be deemed inoperative, resulting in TDS being deducted at a higher rate of 20% under section 206AA of the Act. This proactive approach from Chalet Hotels reflects a commitment to transparency and compliance while facilitating timely dividend distribution to its investors.