BSECompany Update8 Sept 2026 · 8 Sept 2026, 09:11 pm
Please find enclosed herewith the disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
Lemon Tree Hotels Ltd · 541233
✦ AI SummaryRegulatory
Lemon Tree Hotels Ltd's material subsidiary Berggruen Hotels Private Limited has received a GST DRC-01A intimation from the Deputy Commissioner of Commercial Taxes, Bengaluru, proposing tax, interest, and penalty of Rs. 2,94,01,042, Rs. 2,31,26,135, and Rs. 37,65,546 respectively for FY 2022-23. The subsidiary intends to file its response/objections within the prescribed timeline and may take further legal recourse.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Lemon Tree Hotels Ltd - 541233 - Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Attachments (1)
📄pdf
Download →
34aa9ced-ea91-4d39-982a-f36ab40c8a95.pdf
View document text
September 8, 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
Dear Sir/ Madam,
This is to inform you that M/s Berggruen Hotels Private Limited, a material subsidiary of
the Company, has received an intimation in Form GST DRC-01A from the Office of the
Deputy Commissioner of Commercial Taxes, (Audit), Bengaluru on September 8, 2026,
ascertaining tax, interest and penalty proposed to be payable under Section 73(5) of
KGST/CGST Act, 2017 for the FY 2022-23.
The information as required under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, on the above
mentioned order is enclosed as Annexure A.
Please take the above intimation on record.
Thanking you
For Lemon Tree Hotels Limited
Pawan Kumar Kumawat
Company Secretary
& Compliance Officer
M. No: A25377
Encl: a/a
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
Annexure A
Sr. Details of Events that need to
Information of such events
No. be provided
i. Name of the Authority Office of the Deputy Commissioner of
Commercial Taxes, (Audit) at Bengaluru
ii. Nature and details of the action(s) FORM GST DRC-01A issued by the
taken or order(s) passed Authority ascertaining Goods and Service
Tax (GST), Interest and Penalty payable for
FY 2022-23.
GST – Rs. 2,94,01,042/-
Interest – Rs. 2,31,26,135/-
Penalty – Rs. 37,65,546/-
iii. Date of receipt of direction or order, The intimation, dated September 7, 2026,
including any ad-interim or interim was received by the Subsidiary on
orders, or any other communication September 8, 2026.
from the Authority
iv. Details of the violation(s)/ M/s Berggruen Hotels Private Limited has
contravention(s) committed or been subject to tax demands for FY 2022-
alleged to be committed 23 arising from certain GST compliance
matters, including: (i) a mismatch between
the turnover reported in GSTR-3B and
GSTR-1, resulting in an alleged short
declaration of taxable turnover; (ii) non-
submission of purchase register and
supporting invoices to substantiate the
Input Tax Credit (ITC) claimed; (iii) non-
submission of ageing and payment details
in respect of outstanding trade payables,
resulting in proposed reversal of ITC
pertaining to amounts remaining unpaid
beyond 180 days; (iv) non-substantiation
of nil-rated/exempt turnover reported in
GSTR-1, which was consequently treated
as taxable turnover; and (v) non-
substantiation of scrap sale income,
resulting in an alleged non-discharge of the
applicable GST liability.
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
Sr. Details of Events that need to
Information of such events
No. be provided
v Impact on financial, operation or There is no material impact on financial
other activities of the listed entity, operation except to the extent of amount
specified in point no. ii. above.
quantifiable in monetary terms to the
extent possible
Berggruen Hotels Private Limited is
evaluating the grounds raised in the
intimation and intends to file its
response/objections in Part B of Form GST
DRC-01A within the prescribed timeline of
September 21, 2026, and will take such
further legal recourse as may be advised,
in the event a Show Cause Notice or
adjudication order is subsequently issued.
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