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MoneyWorks4Me

In continuation to the disclosure made by the company on 29th June, 2019 and 25th October, 2019 on acquisition of 100% shareholding of Berggruen Hotels (Keys Hotels) by Fleur Hotels Private Limited (FHPL), material subsidiary of the Company, Lemon Tree Hotels has informed that FHPL has acquired 100% share capital of Keys Hotels on November 01, 2019, and Keys Hotels has become a wholly owned subsidiary of FHPL and an indirect subsidiary of Lemon Tree. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
The Indian Hotels Co 890.00
ITC Hotels 173.65
Mahindra Holi.&Resor 199.70
EIH 316.60
Chalet Hotels 825.15
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