Lemon Tree Hotels plans to go asset-light, monetize brand
Lemon Tree Hotels Ltd plans to lease and operate hotels under its brand rather than build new ones on its own19-04-2018
Lemon Tree Hotels plans to go asset-light, monetize brand
Lemon Tree Hotels Ltd plans to lease and operate hotels under its brand rather than build new ones on its ownAnnouncement under Regulation 30 (LODR)-Press Release / Media Release
Intimation under Regulation 30 of SEBI(Listing Obligations & Disclosure Requirements) Regulations, 2015 With reference to the captioned subject, we would like to inform that the Company's wholly owned subsidiary Carnation Hotels Private Limited has executed three Hotel Operating Agreements for operating and managing the three(3) properties as per below details:...Shareholding for the Period Ended April 06, 2018
Lemon Tree Hotels Ltd has submitted to BSE the Shareholding Pattern for the Period Ended April 06, 2018. For more details, kindly Click hereAnnouncement under Regulation 30 (LODR)-Press Release / Media Release
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 With reference to the captioned subject, we would like to inform that the Company's wholly owned subsidiary, Carnation Hotels Private Limited has executed a Hotel Operating Agreement for operating and managing the property of 111 rooms at Morjim, Goa under the Company's Brand 'Red Fox Hotel'. The Hotel is expected to be operational by October, 2018.Lemon Tree signs contract with Laila Hotels to launch a new property in Vijayawada
The new property, branded Lemon Tree Premier Vijayawada, will have 120 rooms along with a banquet hall and meeting spaces, a multi-cuisine coffee shop and a barAnnouncement under Regulation 30 (LODR)-Press Release / Media Release
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 With reference to the above subject, we would like to inform that the Company's wholly owned subsidiary Carnation Hotels Private Limited has executed a Hotel Operating Agreement for operating and managing the property of 120 rooms at Vijayawada, Andhra Pradesh under the Company's brand Lemon Tree Premier. The hotel is expected to be operational by March, 2021.Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Funds Management Pvt LtdLemon Tree zooms 28% on debut trade
Shares of hospitality chain Lemon Tree Hotels surged nearly 28 per cent in debut trade today against the issue price of Rs 56.The stock got listed atAfter tepid listings for recent IPOs, Lemon Tree Hotels breaks trend, jumps on debut
Hospitality company Lemon Tree Hotels listed at a premium of 10% at Rs 61.6 per share on the National Stock Exchange, compared to its issue price of Rs 56. The stock rose as much as 16% to Rs 65 from its issue price thereafter. As of this writing it is trading slightly below Rs. 60. The IPO was subscribed 1.19 times on the final day of bidding on the final day. This is the first IPO in recent weeks to perform well - shares of Indian defence public sector unit Hindustan Aeronautics (HAL) had fallen 10% on its debut. Missile maker Bharat Dynamics had performed poorly as well, listing at a 14% discount. ICICI Securities met a similar fate, with its IPO listing at an over 16% discount. Metals and alloys producer Mishra Dhatu Nigam, which had offered 34.1 million shares priced at the top end of its expected range of Rs 1,240, listed at a 3% discount.Listing of equity shares of Lemon Tree Hotels Ltd
Trading Members of the Exchange are hereby informed that effective from April 09, 2018, the equity shares of Lemon Tree Hotels Ltd (Scrip Code: 541233) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities. For further details please refer to the notice no 20180406-33 dated April 05, 2018.