NSEPress Release22 Jun 2026 · 22 Jun 2026, 08:57 pm

Press Release

Lemon Tree Hotels Limited · LEMONTREE

✦ AI Summary▲ PositiveExpansion

Lemon Tree Hotels Limited has signed a License Agreement for a new 85-room hotel, "Lemon Tree Hotel, Janakpur" in Nepal. The property, to be managed by its subsidiary Carnation Hotels Private Limited, marks the company's entry into Janakpur, a significant pilgrimage and heritage destination. This expansion increases Lemon Tree's international portfolio to 11 properties and its Nepal presence to 8 properties, aligning with its strategy to build hospitality infrastructure in high-potential South Asian markets.

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Earnings Impact7/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment8/10

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Full Announcement

Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated Jun 22, 2026, titled "The Company has signed a License Agreement viz. Lemon Tree Hotel, Janakpur in Nepal".

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June 22, 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: Press Release Dear Sir/ Madam, We would like to inform you that the Company has signed a License Agreement viz. Lemon Tree Hotel, Janakpur in Nepal. The property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. The Hotel will feature 85 well-appointed rooms, a restaurant, banquet hall, meeting/conference room, bar lounge, swimming pool, spa and fitness center. Please find attached herewith the copy of the press release in this regard. You are requested to take the above information in your record. Thanking You For Lemon Tree Hotels Limited Pawan Kumar Kumawat Company Secretary & Compliance Officer M. No: A25377 Encl. as above 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 LEMON TREE HOTELS SIGNS LEMON TREE HOTEL, JANAKPUR IN NEPAL Takes the group’s Nepal portfolio to 8 properties; marks its entry into one of South Asia’s most revered pilgrimage and heritage destinations New Delhi, 22nd June, 2026: Lemon Tree Hotels Limited, one of India’s leading hospitality Company, announces the signing of Lemon Tree Hotel, Janakpur in Nepal. The property will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited, further extending the group’s managed international footprint. With this signing, the group’s overall international portfolio grows to 11 properties - comprising 6 operational hotels and 5 upcoming properties across Nepal, Bhutan and Dubai. In Nepal specifically, this takes the group’s presence to 8 properties, with 3 operational hotels and 5 in pipeline, including the current signing. The group also operates 2 hotels in Bhutan and 1 in Dubai, reflecting a steadily deepening commitment to quality hospitality across key South Asian and international markets. Janakpurdham stands apart as one of the most spiritually significant cities in South Asia – the birthplace of Goddess Sita, the sacred site of her divine marriage to Lord Ram, and the ancient capital of the Mithila Kingdom. The city draws millions of pilgrims and heritage travellers from across Nepal and India, particularly during landmark festivals such as Vivah Panchami and Ram Navami, making it one of the subcontinent’s most consistently visited destinations of faith. The hotel will feature 85 well-appointed rooms, a restaurant, banquet hall, meeting/conference room, bar lounge, swimming pool, spa, and a fitness centre - bringing a full-service, branded hospitality experience to a destination that draws visitors in both faith and leisure. Commenting on the signing, Mr. Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., said: "Janakpur is one of South Asia’s most revered destinations as it holds immense spiritual significance across the subcontinent, and its growing connectivity is driving a major surge in heritage travel. Signing Lemon Tree Hotel, Janakpur aligns strongly with our strategy of building quality hospitality infrastructure in culturally significant, high-potential markets. This addition expands our portfolio in Nepal to eight properties, allowing us to deliver our signature refreshing hospitality and further solidifying our position as a trusted brand in the region." The hotel is located at Dhanusha District, Janakpurdham Sub-Metropolitan City, Nepal, placing it in close proximity to the city’s principal pilgrimage sites, including the iconic Janaki Temple, Ram Mandir, Vivah Mandap and the sacred Dhanush Sagar and Ganga Sagar ponds. The property will offer guests a comfortable and well- connected base from which to explore the full spiritual and cultural landscape of Mithila. This signing reinforces Lemon Tree Hotels’ international expansion strategy and its commitment to identifying markets where branded hospitality can make a meaningful difference - building a sustainable presence across South Asia’s most culturally and spiritually significant destinations. ABOUT LEMON TREE HOTELS LIMITED Lemon Tree Hotels Limited (LTHL) is one of India’s leading hospitality companies, catering to a wide range of customers – from value-conscious travellers to premium business and leisure seekers. With seven distinct brands – Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite – the group offers experiences across upper upscale, upscale, upper midscale, midscale, leisure, wildlife, and spiritual segments. LTHL operates 130+ hotels across 80+ cities in India and abroad, with a growing pipeline of 140+ upcoming properties. From metro hubs like Delhi-NCR, Mumbai, Bengaluru, and Hyderabad to tier II & III cities such as Jaipur, Udaipur, Kochi, and Indore – and with an international presence in Dubai, Bhutan, and Nepal – Lemon Tree Hotels delivers exceptional comfort, consistent quality, and a warm, refreshing experience. Since opening its first 49-room hotel in 2004, the group has grown to 270+ properties (operational and upcoming), becoming a trusted name in hospitality for both business and leisure travellers. For more details, visit www.lemontreehotels.com Media Contact: Isha Khanna +919716181670 | head_marketing@lemontreehotels.com