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Lemon Tree Hotels Ltd - 541233 - Board Meeting Intimation for Intimation Regarding Holding Of Meeting Of The Board Of Directors, Inter Alia, To Consider And Approve Audited Financial Results For The Quarter And Financial Year Ended March 31, 2023

 Lemon Tree Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2023 ,inter alia, to consider and approve In terms of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, May 30, 2023, inter alia, to consider and approve, the Audited Financial Results of the Company, both on Standalone and Consolidated basis for the Quarter and Financial Year ended March 31, 2023. The Company has already intimated to the Exchange(s) on March 30, 2023 that the trading window for dealing in shares of the Company shall remain closed with effect from April 1, 2023 for the consideration of Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 2023 till the expiry of 48 hours after the public announcement of Audited Financial Results. Accordingly, the Trading Window shall open w.e.f Friday, June 2, 2023.
15-05-2023
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Lemon Tree Hotels Ltd - 541233 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

 We enclose herewith a copy of the Postal Ballot Notice of Lemon Tree Hotels Limited ('the Company') dated April 28, 2023 along with the Statement pursuant to the applicable provisions of the Companies Act, 2013 read with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Notice') for seeking approval of the Members of the Company on the Special and Ordinary resolutions forming part of the Notice. This disclosure is being given pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Please take the above intimation on record and kindly acknowledge.
12-05-2023

Lemon Tree Hotels share price up 41% in last one year; is it the right time to buy the stock?

 Brokerages underscore that under its new strategy of moving towards an asset-light model, Lemon Tree Hotels has expanded the number of managed hotels.
05-05-2023
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Lemon Tree Hotels Ltd - 541233 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

 Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyLemon Tree Hotels Ltd 2CIN NO.L74899DL1992PLC049022 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 352.46 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: NIKHIL SETHI Designation: AVP LEGAL AND GROUP COMPANY SECRETARY EmailId: avp_cs@lemontreehotels.com Name of the Chief Financial Officer: KAPIL SHARMA Designation: CHIEF FINANCIAL OFFICER EmailId: cfo@lemontreehotels.com Date: 28/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
28-04-2023

Hotel stocks in demand: Lemon Tree, Oriental, Kamat Hotels surge up to 10%

 Going forward, analysts expect FY24 to stay strong for the sector supported by full resumption of the economy, India's G20 presidency in 2023, ICC Men's world cup and easing of E-visa rules.
20-04-2023
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Lemon Tree Hotels Ltd - 541233 - Compliance Certificate Under Regulation 40(9) Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 For The Year Ended March 31, 2023

 Pursuant to Regulation 40(9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find attached herewith the certificate signed by Mr. Dhawal Kant Singh, Practicing Company Secretary for the year ended March 31, 2023.
17-04-2023
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Lemon Tree Hotels Ltd - 541233 - Compliance Certificate Under Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Year Ended March 31, 2023

 In accordance with the provisions of Regulation 7 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Compliance Certificate for the year ended March 31, 2023, signed by the Compliance Officer of the Company and Authorized Signatory of the Share Transfer Agent (KFin Technologies Limited) certifying compliance with the requirements of sub-regulation (2) of regulation 7 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. You are requested to kindly take the same on record.
14-04-2023

Short Call: Lemon Tree, Delta Corp, Delhivery, options time bomb, bank crisis, China, copper

 Indices rose for the seventh day in a row, the longest winning streak in a while. And yet a sense of cautious optimism prevails.
12-04-2023
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Lemon Tree Hotels Ltd - 541233 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

 With reference to the captioned subject, we would like to inform you that the Company has signed two Franchise Agreements for upcoming Hotels under the Company's brands - Lemon Tree Premier and Lemon Tree Resort, in Budhanilkantha, Kathmandu, Nepal and Lumbini, Nepal, respectively. Lemon Tree Premier, Budhanilkantha, Kathmandu will feature 102 well-appointed rooms, two restaurants, one restrobar, a private dining room, three meeting rooms, one banquet hall, outdoor venues for events, an expansive swimming pool, a fitness center, a spa, a casino and other public areas and is expected to be operational on or before January 2024. Lemon Tree Resort, Lumbini, Nepal will feature 81 well-appointed rooms, a restaurant, a bar, meeting rooms, an outdoor event venue, a private dining room and other public areas and is expected to be operational on or before October, 2023. Please find attached herewith the copy of the press release in above regard.
11-04-2023
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Lemon Tree Hotels Ltd - 541233 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

 The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JP Morgan Asset Management (UK) Ltd & Others
07-04-2023
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