Lemon Tree Hotels Ltd - 541233 - Statement Of Investor Complaints For The Quarter Ended March 2019
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0000 Name of the Signatory :- Nikhil SethiDesignation :- Company Secretary and Compliance Officer Lemon Tree Hotels Ltd - 541233 - Announcement under Regulation 30 (LODR)-Resignation of Director
We wish to inform you that Mr. Gopal Sitaram Jiwarajka, Independent Director of the Company has resigned from the Board of Company w.e.f April 1, 2019 due to his pre-occupation. The copy of the resignation letter is enclosed herewith. This is for your information and record. Lemon Tree Hotels Ltd - 541233 - Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
With reference to the captioned subject, we are pleased to inform the opening of the hotel under brand name 'Lemon Tree Hotel' which is located at Model Town, Grand Trunk Road, Amritsar. The Hotel has 64 rooms with a conference facility, multi cuisine coffee shop, bar, fitness center, Spa, etc. With opening of this Hotel, we presently operate 55 Hotels including managed properties across 33 cities in India. Lemon Tree Hotels Ltd - 541233 - Closure of Trading Window
Pursuant to Company's Code of Conduct for regulation, monitoring and reporting of trading by Insiders of the Company and pursuant to the requirements of SEBI (Prohibition of Insider Trading) Regulations, 2015 and clarification given by NSE vide its letter no. NSE/CML/2019/11 dated April 2, 2019 regarding Trading Restriction period, the trading window for dealing in shares of the Company shall remain closed for all Designated Persons with immediate effect till the expiry of 48 hours after the public announcement of Audited Financial Results for the year ended March 31, 2019, is made. Please take the above intimation on record and kindly acknowledge Lemon Tree Hotels Ltd - 541233 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
This is to inform you that the Board of Directors has amended the Code of Conduct for Prohibition of Insider Trading and Code of Fair Practices & Procedures for Fair Disclosure of Price Sensitive Information (''said Code'') to align the same with the SEBI (Prohibition of Insider Trading) Regulations, 2015 ('Regulations') which has been amended by SEBI vide notification date December 31, 2018 followed by notification dated January 21, 2019. The amended copy of the said Code is uploaded on the website of the Company, viz. www.lemontreehotels.com. The above is for your record. Lemon Tree Hotels Ltd - 541233 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015, we would like to inform you that the management of Lemon Tree Hotels is scheduled to meet Institutional Investors at Kotak Institutional Equities India Investment Forum to be held at Hongkong and Singapore on Monday, March 18, 2019 and Tuesday, March 19, 2019 respectively. Also find attached herewith the Corporate Presentation, which would be discussed during the Investors meet. The above is for your record. Lemon Tree Hotels Ltd - 541233 - Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
In terms of the provisions of Regulation 30 of the Securities and Exchange Board of India(Listing Obligation and Disclosures Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we would like to inform you that Lemon Tree Hotels Limited ('Company') has signed a non-binding term sheet with Berggruen Hotels Private Limited, a Company owning and operating Hotels under various brands i.e Keys Prima, Keys Select and Keys Lite in India, hereinafter referred to as Keys Hotels and Berggruen Investments a Company incorporated in Mauritius (Holding Company of Keys Hotels) for acquisition of 100% of the shareholding of Keys Hotels by Company directly or through its subsidiaries. Final consummation of the transaction shall be subject to the due diligence and obtaining requisite approvals. About Keys Hotels: Keys Hotels is a mid market hotel chain which develops, owns, leases, manages and brands hotels in India. The current portfolio of Keys Hotels is 7 owned hotels with 936 rooms in 6 cities in India viz. Bangalore (2 owned hotels with 381 rooms), Pune (1 owned hotel with 101 rooms), Trivandrum (1 owned hotel with 101 rooms), Ludhiana (1 owned hotel with 95 rooms), Kochi (1 owned hotel with 151 rooms), and Vizag (long lease hotel with 107 rooms). Further, Keys Hotels also owns 2 land parcels for Hotel development at Goa & Raipur. In addition to the above, Keys Hotels also operates under management /franchise agreements 14 hotels with 975 rooms in 14 cities viz. Mumbai, Chennai, Gurgaon, Goa, Mahabaleshwar, Shirdi, Port Blair, Pune, Aurangabad, Tirupati, Silvasa, Calicut, Manali, and Kolhapur. In... Lemon Tree Hotels Ltd - 541233 - Announcement under Regulation 30 (LODR)-Updates on Joint Venture
In terms of the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosures Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we would like to inform you that Lemon Tree Hotels Limited ('Company') has entered enter into a Investment Agreement on December 27, 2018 with Magnolia Grove Investment Ltd, an affiliate of Warburg Pincus group ('Magnolia'), Mr. Patanjali Keswani (promoter of the Company) and Hamstede Living Private Limited ('JV Company') and the disclosure of the same has been given to the Stock Exchange on December 27, 2018. In continuation to the aforesaid disclosure, certain amendments have been made in the Agreement and accordingly the Company has executed the Restated Investment Agreement which inter alia includes change in the shareholding structure of Company. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure A to this letter. We would like to further inform you that Mr. Rahul Pandit is proposed to be appointed as Managing Director and Chief Executive Officer of JV Company w.e.f March 13, 2019. Over the last 25 years, Rahul has worked across deluxe, upscale, midscale and budget lodging and had the privilege of co-founding and leading as President and ED, Lemon Tree Hotels. He has also worked as MD & CEO of Tata Group's Ginger Hotels. He has worked and trained across India, USA and Singapore with Choice Hotels, Taj Hotels, Spectramind (WIPRO BPO) and Intercontinental Hotels. He also serves as Member, National... Lemon Tree Hotels Ltd - 541233 - Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
With reference to the captioned subject, we are pleased to inform the opening of hotel under brand name 'Lemon Tree Hotel' which is located at Viman Nagar, Pune, Maharashtra. This is our 3rd hotel besides other 2 owned operational hotels of the Company in Pune. The Hotel has 69 rooms with a conference facility, multi cuisine coffee shop, bar, fitness center etc. With opening of this Hotel, we presently operate 54 Hotels including managed properties across 32 cities in India. Lemon Tree Hotels Ltd - 541233 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015, we would like to inform you that the management of Lemon Tree Hotels is scheduled to meet Institutional Investors at Kotak Institutional Equities annual global conference forum to be held at Trident, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 on Tuesday, February 19, 2019 and Wednesday, February 20, 2019. Also find attached herewith the Corporate Presentation, which would be discussed during the Investors meet. The above is for your record.