BSECompany Update7 Aug 2026 · 7 Aug 2026, 10:32 pm

Intimation of Grant of SAR units under LTHL Stock Appreciation Rights Scheme - 2024

Lemon Tree Hotels Ltd · 541233

✦ AI Summary

Lemon Tree Hotels Ltd has informed the exchange about the grant of 25,25,000 Stock Appreciation Rights Units under LTHL Stock Appreciation Rights Scheme - 2024 to eligible employees. The SAR Units will be exercisable within 1 year from the vesting date and will be settled through the direct route for extending benefits to employees.

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Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Lemon Tree Hotels Ltd - 541233 - Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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August 7, 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 Subject: Intimation of Grant of SAR Units under LTHL Stock Appreciation Rights Scheme – 2024 Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam, This is to inform that pursuant to the provisions of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Nomination and Remuneration Committee (“Committee”) of the Company at its meeting held today i.e. August 7, 2026 approved the grant of 25,25,000 (Twenty Five Lakhs Twenty Five Thousand only) Stock Appreciation Rights Units (“SAR Units”) under LTHL Stock Appreciation Rights Scheme – 2024 (“Scheme”). The relevant disclosures, as required under Regulation 30 of the SEBI (LODR) Regulations, 2015, pursuant to SEBI master circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are as under: Sl. Particulars Details 1. Name of the Scheme LTHL Stock Appreciation Rights Scheme - 2024 2. Brief details of SAR Units granted Grant of 25,25,000 (Twenty Five Lakhs Twenty Five Thousand only) SAR Units to eligible employees. 3. Whether the Scheme is in terms Yes of SEBI (SBEB & SE) Regulations, 2021 (if applicable) 4. Total number of shares covered In the present tranche of grant of SAR units by these SAR Units total number of Shares to be issued and allotted upon exercise will be calculated as follows: 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 Number of Shares to be allotted = (Appreciation per SAR x Number of SAR units exercised) / Market Price with reference to date of exercise. 5. Pricing Formula SAR Price means the closing price on the stock exchange having higher trading volume on the date immediately prior to the grant date. Accordingly, SAR Price is Rs. 112.79/- Per SAR Unit. 6. SAR Units Vested Not Applicable. 7. Time within which SAR Unit may The vested SAR Units can be exercised by be exercised Grantees within the exercise period which shall be 1 (One) year from the vesting date. 8. SAR Units exercised Not Applicable 9. Money realized by exercise of Not Applicable SAR Units 10. The total number of Shares Please refer 4 above arising as a result of exercise of SAR Unit 11. SAR Units lapsed Not Applicable 12. Variation in terms of SAR Units Not Applicable 13. Brief details of significant terms The Scheme is administered by the Nomination and Remuneration Committee. The Scheme shall be implemented through direct route for extending the benefits to Employees wherein the Company will settle and distribute the Appreciation by allotment of Shares in accordance with the Scheme. The grant of SAR Units is based upon the eligibility criteria as mentioned in the Scheme. Vesting period shall commence after minimum 2 (Two) years from the grant date and shall not exceed the maximum period of 8 (Eight) years from the effective date of the Scheme subject to achievement of milestones as mentioned in the Scheme. 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 The vested SAR Units can be exercised by Grantees within the exercise period which shall be 1 (One) year from the vesting date. 14. Subsequent changes or Not Applicable cancellation or exercise of such SAR Units. 15. Diluted earnings per share Not Applicable pursuant to the issue of equity shares on exercise of SAR Units. This is for your information and record please. 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