Chalet Hotels Property Tax Dispute Dismissed ₹8.88Cr

Discloses outcome of litigation under SEBI Regulation 30 regarding a property tax dispute for Bengaluru Marriott Hotel.
Karnataka High Court dismissed company's writ petition challenging revised property tax rates, requiring payment of ~₹8.88 crore.
Company states business operations and financials are not impacted by this court decision and tax payment.