<h1>Chalet Hotels Ltd Appoints Gautam Mehra as Additional and Independent Director</h1>
The Board of Directors of Chalet Hotels Ltd has approved the appointment of Mr. Gautam Mehra as an Additional Director and Independent Director, effective July 17, 2026. The appointment is subject to approval by the Members of the Company.
Mr. Mehra will serve a term of five years, spanning from July 17, 2026, through July 16, 2031.
The company affirmed that Mr. Mehra is neither debarred from holding directorial office nor disqualified under the provisions of Section 164 of the Companies Act, 2013.
Profile and Expertise
Mr. Gautam Mehra is a highly experienced business advisor possessing four decades of professional experience. His background includes over a decade dedicated to entrepreneurship and building a boutique professional services practice. He also spent more than two decades serving as a partner at PwC, where he led the India Tax and Regulatory practice and Asset Management Sector.During his tenure at PwC, Mr. Mehra served on the Core India Leadership Team and managed global strategic client relationships. His advisory work includes assisting multiple funds invested in India and working with multinational corporations, guiding Indian business groups and families through investments, business transformation, acquisitions, set ups, and succession planning.
Mr. Mehra has been a consistent voice advocating for India's regulatory and tax landscape through engagement with various regulators, industry bodies, and professional institutions. He currently holds positions on two Committees constituted by the Securities and Exchange Board of India (SEBI) and has served on Boards and Committees of leading organizations such as APREA, CII, Amcham India, and the ICAI.
As a qualified Chartered Accountant and Lawyer, Mr. Mehra is also a Certified Coach and has completed executive education programs in his professional journey. He presently holds roles as a Corporate Advisor and an Independent Board Member. The company confirmed that he is not related to any of the existing Directors of Chalet Hotels Ltd.
Key details regarding the appointment are summarized below:
| Particulars | Details |
|---|---|
| Reason for Appointment | Appointment as an Additional Director and Independent Director, subject to approval of Members of the Company. |
| Term of Appointment | Five years, effective from July 17, 2026, to July 16, 2031. |
| Brief Profile Highlights | Business advisor with four decades of experience; former leader at PwC in India Tax and Regulatory practice. |
| Relationship Status | Not related to any of the Directors of the Company. |
CHALET Stock Price Movement
Today, Chalet Hotels Limited shares slipped by 0.88% in post-market trading, concluding at ₹856. The equity traded on a volume of 97,284 shares as it closed for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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