Lemon Tree Hotels Limited has informed the exchanges that its board of directors will meet on Thursday, May 28, 2026. The primary agenda of the meeting is to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The approval will cover both standalone and consolidated financial statements.

Meeting Agenda

The board meeting, convened under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will focus on the company's financial performance for the specified period. Along with the financial results, the board may also discuss other business items with the permission of the chair.

Trading Window Closure

In compliance with regulatory norms, the company had previously intimated the exchanges regarding the closure of the trading window. The trading window for designated persons and their immediate relatives has been closed since April 1, 2026. This restriction will remain in effect until the expiry of 48 hours after the public announcement of the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.

Key Meeting Details

Lemon Tree Hotels Limited announced the signing of a franchise agreement for Keys Prima by Lemon Tree Hotels, Karnal in Haryana on May 18, 2026. The property will operate under the Lemon Tree Hotels Limited franchise, further strengthening the group's multi-brand presence across North India.

Expanding Footprint in Haryana

With this signing, Lemon Tree Hotels expands its presence in Haryana to 13 hotels, encompassing 11 operational and two upcoming properties. Karnal is described as a rapidly emerging urban centre in the state, supported by infrastructure development, expanding industrial activity, leading educational institutions, and its position along a major highway corridor. The city's evolving economic landscape and rising transit volume continue to drive demand for branded hospitality catering to corporate, social, and transit travellers.

Property Details

The upcoming hotel will offer a range of amenities designed to serve both business and leisure guests. Key details of the property are outlined below:

Strategic Positioning

Karnal's location along the Delhi–Chandigarh commercial highway corridor was cited as a key factor in the signing. The city sees a steady influx of business, social, and leisure travellers, generating consistent demand for reliable branded accommodation. Commenting on the development, Mr. Neelendra Singh, Managing Director, Lemon Tree Hotels Ltd., said:

"Karnal's strategic positioning along the heavy-traffic Delhi–Chandigarh commercial highway makes it an essential addition to our Haryana portfolio, taking our footprint in the State to 13 hotels. As a key transit and economic hub, Karnal sees a steady influx of business, social, and leisure travellers who actively seek dependable, branded accommodation. This signing allows us to tap into the high-volume demand of the GT Road corridor while steadily building on our multi-brand presence across Haryana's core growth zones."

About Lemon Tree Hotels Limited

Lemon Tree Hotels Limited operates across seven distinct brands — Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite — covering segments from upper upscale to midscale, leisure, wildlife, and spiritual hospitality. The group currently operates 130+ hotels across 80+ cities in India and abroad, with a pipeline of 130+ upcoming properties. Since opening its first 49-room hotel in 2004, the group has grown to 250+ properties (operational and upcoming), with an international presence in Dubai, Bhutan, and Nepal.