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Regulatory Approval

Lemon Tree Hotels Regulatory Approval

Lemon Tree Hotels received CCI approval for Coastal Cedar Investments BV to acquire equity shares in Fleur Hotels Limited. The approval also covers an internal group restructuring involving amalgamation and demerger. This regulatory milestone is a key step toward completing the proposed transactions.

Source

BSE filing, NSE: LEMONTREE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Lemon Tree Hotels Ltd: key numbers

Share price
₹109.27
Market cap
₹8,657 Cr
Revenue (annual)
₹1,444 Cr
Net profit (annual)
₹227.1 Cr
P/E (TTM)
36.9×Sector 43.8×
Promoter holding
22.32%+0.00% QoQ
FII holding
18.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Partnership

Lemon Tree Hotels Partnership

Lemon Tree Hotels signed an MoU with Omaxe Limited to operate approximately 4,000 hotel keys across India. This represents the company's largest single operating arrangement to date.

From
Omaxe Limited
hotel keys
4000.0 keys

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