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Lemon Tree Hotels informs about outcome of board meeting

19 Sep 2026 Evaluate
Lemon Tree Hotels has informed that, the Board of Fleur Hotels, a material subsidiary of the Company at its meeting held on September 18, 2026 has considered and approved the following: 1. Purchase of a land parcel in Mumbai for development of a hotel. The Subsidiary Company is in the process of executing definitive agreement(s) in accordance with the applicable laws and procedural requirements. 2. Incorporation of wholly-owned subsidiary in the Republic of Maldives. Further, details in accordance with SEBI LODR read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure-A. The above information is also available on the website of the Company at www.lemontreehotels.com. 

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
The Indian Hotels Co 732.25
ITC Hotels 158.85
Mahindra Holi.&Resor 198.85
EIH 318.00
Chalet Hotels 867.45
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