NSEUpdates10 Jul 2026 · 10 Jul 2026, 04:34 pm
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Lemon Tree Hotels Limited · LEMONTREE
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Lemon Tree Hotels Limited has terminated the License Agreement and Hotel Operating Agreement for the 'Lemon Tree Hotel, Hubli' due to a material breach of the terms, with the termination to become effective in five business days.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Lemon Tree Hotels Limited has informed the Exchange regarding 'Termination of Hotel Operating Agreement and License Agreement- Lemon Tree Hotel, Hubli'.
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LEMONTREE_10072026163242_Stock_Exchange_Intimation_termination_Hubli.pdf
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July 10, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers
Bandra (East) Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Name of Scrip: LEMONTREE BSE Scrip Code: 541233
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Ref: Termination of Hotel Operating Agreement and License Agreement
Dear Sir/ Madam,
We wish to inform you that the Company has terminated the License Agreement
executed dated August 22, 2022 amongst the Company, M/s. HRK Hospitality
(Owner) and M/s. Carnation Hotels Private Limited (Operator) consequent to
termination of Hotel Operating Agreement (HOA) executed between Owner and
Operator dated August 22, 2022, in relation to the hotel operated under the brand
name "Lemon Tree Hotel, Hubli", by issuing a termination letter dated July 10,
2026 to the Owner, on account of a material breach of the terms of the HOA. The
termination shall become effective upon the expiration of five (5) business days
from date of termination letter.
The aforesaid termination of the agreements does not have any material financial
impact on the Company.
You are requested to take the above information on record.
Thanking You
For Lemon Tree Hotels Limited
Pawan Kumar Kumawat
Company Secretary
& Compliance Officer
M. No: A25377
Lemon Tree Hotels Limited
CIN No. L74899HR1992PLC140546
Reg. Office: Lemon Tree Corporate Park, Urban Complex, Ullahawas, Sector 60, Gurugram, Haryana-122011
Corporate Office: Asset No. 6, Aerocity Hospitality District, New Delhi-110037
T +91 124 714 2310 | E hi@lemontreehotels.com
Central Reservation: +91 9911 701 701| www.lemontreehotels.com