NSEUpdates10 Jul 2026 · 10 Jul 2026, 04:34 pm

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Lemon Tree Hotels Limited · LEMONTREE

✦ AI SummaryRegulatory

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