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Lemon Tree Hotels Ltd is largest mid-priced and the third largest overall hotel chain in India. It operate in the upscale segment and in the mid-priced sector, consisting of the upper-midscale, midscale and economy segments. It delivers differentiated yet superior service offerings, with a value-for-money proposition.
Lemon Tree Hotels Limited has informed the Exchange about Action(s) initiated or orders passed
Lemon Tree Hotels has scheduled its 34th Annual General Meeting. Access the AGM Notice and Integrated Annual Report via web-links. Shareholders are encouraged to update their KYC details.
Lemon Tree Hotels' Board approved financial results for the quarter, reporting consolidated net profit of ₹57.34 Cr on ₹344.61 Cr revenue. The Board also approved Mr. Patanjali Keswani's transition to Non-Executive Chairman from April 2027 and a 51% JV stake in Arum Hotels for the Aurika Shillong project.
Lemon Tree's subsidiary terminated the lease for its 80-room Lemon Tree Premier, Gurugram. Hotel operations will cease. The company expects no material financial impact from this closure.
Lemon Tree Hotels terminated its operating agreement for the 65-room Lemon Tree Hotel, Erode, citing a material breach by the owner. The company confirms no material financial impact from this operational change.