Lemon Tree Hotels Limited has disclosed receiving multiple regulatory notices and orders from various government authorities, affecting both the parent company and its subsidiaries. The disclosures were made under Regulation 30 of SEBI listing regulations on March 25, 2026.

Parent Company Notice Details

The parent company received a notice from the Employee State Insurance Corporation (ESIC), Okhla, New Delhi, demanding payment for regulatory violations:

Material Subsidiary - Fleur Hotels Limited

Fleur Hotels Limited, a material subsidiary, faces the most significant regulatory demands from two separate authorities:

Central Ground Water Board Notice

CGST Department Order

The most substantial demand comes from the Central GST authorities:

The company has indicated that based on its assessment, the CGST demand is not maintainable and is evaluating legal remedies including filing an appeal against the order.

Other Subsidiary Penalties

Iora Hotels Private Limited

This material subsidiary received a penalty from groundwater authorities:

Inovoa Hotels and Resorts Limited

Financial Impact Assessment

The company has stated that there is no material impact on financial operations except to the extent of the amounts specified in the respective notices. However, the cumulative exposure across all entities represents a significant regulatory compliance challenge, particularly the CGST demand on Fleur Hotels Limited which constitutes the largest portion of the total exposure.

The disclosure demonstrates the company's commitment to transparency in regulatory matters and compliance with SEBI listing obligations regarding material events that could impact stakeholder interests.

Lemon Tree Hotels Limited has announced the resignation of Ms. Freyan Jamshed Desai from her position as Independent Director, effective from the close of business hours on March 20, 2026. The resignation was communicated to the National Stock Exchange of India Limited and BSE Limited in compliance with regulatory requirements.

Resignation Details

Ms. Freyan Jamshed Desai, holding Director Identification Number (DIN) 00965073, submitted her resignation citing health reasons as the primary factor. In her resignation letter, she stated that she was "unfortunately no longer able to dedicate the necessary time and attention to the responsibilities of the role."

Board Committee Resignations

Along with her resignation from the Board, Ms. Desai also stepped down from various Board Committees of which she was a member. The resignation encompasses all her directorial responsibilities within the company's governance structure.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As part of the regulatory requirements, Lemon Tree Hotels confirmed that there are no material reasons for the resignation other than those mentioned in Ms. Desai's resignation letter.

Company Secretary Statement

The disclosure was signed by Pawan Kumar Kumawat, Company Secretary and Compliance Officer (Membership No: A25377), who confirmed that the necessary forms and intimations would be filed with the Registrar of Companies and Stock Exchanges as applicable.

Ms. Desai expressed gratitude to the Board and management team for the trust and support extended during her tenure as Independent Director. The resignation represents a change in the company's board composition as it continues its operations in the hospitality sector.