NSEUpdates5d ago · 16 Jul 2026, 10:33 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 its hotel in Erode, Tamil Nadu, due to a material breach of the agreement. The termination will be effective after five business days. The company states that the termination will not have any material financial impact.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Lemon Tree Hotels Limited has informed the Exchange regarding 'Termination of Hotel Operating Agreement and License Agreement- Lemon Tree Hotel, Erode, Tamil Nadu'.

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LEMONTREE_16072026223256_Reg_30_Disclosure_Erode.pdf

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July 16, 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 dated September 08, 2022 and addendum thereof amongst the Company, Hotel Le Jardin (Owner) and M/s. Carnation Hotels Private Limited (Operator) consequent to termination of Hotel Operating Agreement (HOA) & addendum thereof executed between the Owner and Operator dated September 08, 2022, in relation to Lemon Tree Hotel, Erode, Tamil Nadu (65 rooms), by issuing a termination letter dated July 16, 2026 to the Owner, on account of 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