Lemon Tree Hotels Acquisition Worth ₹120 Cr
Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired land in Bandra, Mumbai, for Rs. 120 Crore to develop a hotel. This acquisition expands the company's property footprint.
- Value
- ₹120.0 Cr
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Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired land in Bandra, Mumbai, for Rs. 120 Crore to develop a hotel. This acquisition expands the company's property footprint.
Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired a land parcel in Bandra, Mumbai, for ₹120 Crore to develop a new 172-key hotel property.
Lemon Tree Hotels signed a license agreement for a new hotel in Patancheru, Telangana, adding 90 rooms to its portfolio and expanding its regional presence.
Lemon Tree Hotels received 'no objection' observation letters from NSE and BSE regarding its proposed Composite Scheme of Arrangement involving its subsidiaries.
Lemon Tree Hotels appointed Mr. Patanjali Govind Keswani as Non-Executive Non-Independent Director and Chairperson, effective April 1, 2027.
Lemon Tree Hotels held its 34th Annual General Meeting on September 18, 2026, via video conferencing. The proceedings covered the adoption of financial statements and director appointments.
Lemon Tree Hotels Limited has announced the opening of a new hotel, Keys Lite by Lemon Tree Hotels, Moga, in Punjab. This property features 33 rooms.
Lemon Tree Hotels' subsidiary Arum Hotels will issue 49% stake to RJ Corp, forming a Joint Venture for the Aurika Shillong project.
Lemon Tree Hotels' subsidiary, Carnation Hotels, entered a JV with RJ Corp. RJ Corp acquires a 49% stake in Arum Hotels for ₹4.77 Crore.
Lemon Tree Hotels' subsidiary, Carnation, executed a Joint Venture Agreement with RJ Corp for the Aurika Shillong project. Arum Hotels will now be a joint venture.
Lemon Tree Hotels' subsidiary, Berggruen Hotels, received a GST demand notice from the Bengaluru tax authorities. The total tax, interest, and penalty amounts to ₹5.63 Crore.
Nomura's India Investment Fund sold 15,869,284 Lemon Tree Hotels shares, lowering its stake to 3.075% from 5.078%. The SAST Reg 29(2) disclosure states no transaction value.
Lemon Tree Hotels signed two license agreements for new properties in Bodhgaya, adding 145 rooms to its portfolio. The company also announced the de-flagging of one hotel.