Lemon Tree Hotels Limited has announced a senior management personnel change due to superannuation, filing the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The hospitality company informed stock exchanges about the upcoming transition in its leadership team.

Senior Management Transition Details

The company disclosed that Mr. Vilas Pawar, who serves as senior management personnel, will superannuate from his services with the company. His tenure will conclude at the close of business hours on March 31, 2026.

Responsibility Transfer Arrangement

To ensure seamless operations, Lemon Tree Hotels has designated Mr. Vivek Jhawar to assume the responsibilities previously handled by Mr. Pawar. Mr. Jhawar currently holds the position of Senior Vice President–Business Development and is already part of the company's senior management personnel.

This internal appointment strategy demonstrates the company's focus on maintaining operational continuity while leveraging existing leadership expertise within the organization.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company filed the required documentation with both the National Stock Exchange of India Limited and BSE Limited.

The announcement was signed by Pawan Kumar Kumawat, Company Secretary & Compliance Officer, ensuring proper regulatory adherence for the senior management change disclosure.

Lemon tree hotels has announced the opening of Keys Select by Lemon Tree Hotels, Vadodara, marking a significant expansion milestone in Gujarat. This launch represents the company's 11th property in the state and third hotel in Vadodara city, reinforcing its strategic presence in Gujarat's key business and cultural centers.

Property Details and Features

The newly inaugurated hotel offers comprehensive hospitality facilities designed for both business and leisure travelers. Located strategically on Atladra Padra Main Road, the property provides convenient access to Vadodara's major commercial districts and cultural attractions.

The final room configuration of 42 rooms represents a slight adjustment from the originally planned 45 rooms as disclosed to stock exchanges on October 17, 2023.

Strategic Location Advantages

The hotel's location in Vadodara positions it advantageously within Gujarat's cultural capital. The property offers seamless connectivity to prominent local attractions including:

• Laxmi Vilas Palace
• Sayaji Gardens
• Baroda Museum & Picture Gallery
• Major commercial districts

The strategic positioning ensures accessibility for both domestic and international travelers through proximity to key transportation hubs.

Management Commentary

Vishvapreet Singh Cheema, President of Lemon Tree Hotels Ltd., emphasized the strategic importance of the Vadodara market. He highlighted the city's growing economic significance and rich cultural heritage as key factors driving the expansion decision. The opening strengthens the company's presence in Vadodara, where it already operates two successful properties, demonstrating long-term commitment to the region.

Company Portfolio Expansion

This opening advances Lemon Tree Hotels' broader expansion strategy across high-potential destinations in India. The company operates a diverse portfolio spanning seven distinct brands: Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite.

The Keys Select brand specifically targets the midscale segment, offering comfort and convenience for today's business and leisure travelers with stylish accommodations, attentive service, and quality dining options.