October 28, 2022 | |
National Stock Exchange of India Limited | BSE Limited |
Exchange Plaza, Bandra Kurla Complex, | Phiroze Jeejeebhoy Towers |
Bandra (East) | Dalal Street, Mumbai - 400 001 |
Mumbai - 400 051 | |
Name of Scrip: LEMONTREE | BSE Scrip Code: 541233 |
Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Sub: Signing of License Agreement
Dear Sir
With reference to the captioned subject, we would like to inform you that the Company has signed a License Agreement for a 50 room hotel in Haridwar, Uttarakhand under the Company's brand "Lemon Tree Hotel". The hotel is expected to be operational by end of CY 2024.
Carnation Hotels Private Limited, a wholly owned subsidiary and the hotel management arm of the Company will be operating this hotel.
Please find attached herewith the copy of the press release in above regard.
Please take the above intimation on record.
Thanking you,
For Lemon Tree Hotels Limited
Digitally signed by Nikhil Sethi DN: c=IN, o=Personal,
Nikhil Sethi 2.5.4.20=ae9580dd81b25cc21dafdadd6050c1e576b37 97a5820c8183d929d51e618cfff, postalCode=110015, st=Delhi, serialNumber=095c8ada187fec0f77f9becb63f7323b82 981eb37891f2cafa895971d52a63c6, cn=Nikhil Sethi Date: 2022.10.28 19:05:14 +05'30'
Nikhil Sethi
AVP Legal & Group Company Secretary
And Compliance Officer