Lemon Tree Hotels has announced the opening of Lemon Tree Premier, Vadodara, marking its 13th operational hotel in Gujarat. The 94-room upscale property strengthens the group’s presence in one of the state’s key commercial centres.

The hotel, managed by wholly owned subsidiary Carnation Hotels Private Limited, adds to the group’s existing three properties in the city across the Lemon Tree Hotel, Keys Lite, and Keys Select brands. This multi-brand strategy allows the company to cater to a broader spectrum of corporate, leisure, and social travellers.

Property Details and Facilities

Located near Akota Gardens, the new property offers easy access to commercial districts and key attractions including Laxmi Vilas Palace and Sursagar Lake. It is situated approximately 10 km from Vadodara Airport, 3.3 km from the railway station, and 3.5 km from the city centre.

Key amenities include:

• 94 well-appointed rooms and suites
• Citrus Café, a multi-cuisine restaurant, and a Tea Lounge
• Banquet hall, meeting room, and business centre
• Swimming pool, spa, and fitness centre
• 24x7 front desk, housekeeping, and valet parking

Expansion Context

Vishvapreet Singh Cheema, President of Lemon Tree Hotels, noted that the opening reflects strong demand and long-term commitment to the market. The group now operates 13 hotels in Gujarat, with a pipeline of 19 upcoming properties in the state.

Nationally, Lemon Tree Hotels operates over 130 hotels across 80+ cities in India and abroad. The total pipeline stands at more than 140 upcoming properties, spanning metro hubs like Delhi-NCR and Mumbai to tier II and III cities such as Jaipur and Indore. The group also maintains an international presence in Bhutan and Nepal.

What the Numbers Show

The addition of the Lemon Tree Premier brand in Vadodara signals a strategic shift toward capturing higher-value segments in established markets. With three existing mid-scale and budget properties (Keys Lite, Keys Select, Lemon Tree Hotel) already operating in the city, the new upscale entry allows the company to address diverse traveller needs without cannibalising existing inventory. This multi-brand density in a single city suggests a focus on market share consolidation rather than purely geographic expansion in this specific region.

Lemon Tree Hotels will hold its 34th Annual General Meeting on Friday, September 18, 2026. The company announced the date in a regulatory filing submitted to stock exchanges on August 26, 2026.

The meeting is scheduled for 1:00 pm and will be conducted through Video Conferencing or Other Audio-Visual Means. This format allows shareholders to participate without physical presence at a common venue.

Meeting Details

The notice of the AGM and the Integrated Annual Report for the financial year 2025-26 will be dispatched in due course. These documents will be sent electronically to members who have registered their email addresses with the Registrar and Share Transfer Agent or Depository Participants.

Shareholders can also access the notice and annual report on the company’s website and the respective stock exchange portals. Physical copies of these documents will only be sent to members who explicitly request them.

Voting Process

The company will provide remote e-voting facilities to eligible shareholders. The voting window opens on Monday, September 14, 2026, at 9:00 am and closes on Thursday, September 17, 2026, at 5:00 pm.

Only shareholders whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date of Friday, September 11, 2026, are entitled to vote. Participants who cast their votes during the remote e-voting period cannot vote again during the meeting itself.

Agenda Items

The AGM will transact both ordinary and special business. Under ordinary business, shareholders will consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026.

The meeting will also see the reappointment of two directors retiring by rotation:

• Mr. Aditya Madhav Keswani (DIN: 07208901)
• Mr. Willem Albertus Hazeleger (DIN: 07902239)

Under special business, shareholders will vote on the appointment of Mr. Patanjali Govind Keswani (DIN: 00002974) as Chairman and Non-Executive Director. This appointment is effective from April 1, 2027, upon the expiry of his existing term as Executive Director and Chairman on March 31, 2027.