Lemon Tree Hotels promoters confirm no share encumbrance in FY26

1 min read     Updated on 24 Jun 2026, 01:07 AM
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AI Summary

Lemon Tree Hotels disclosed that its promoters and persons acting in concert have not created any encumbrance on the company's shares during FY26. This confirmation was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing covers 16 entities, including Promoter Patanjali Govind Keswani and various group entities.

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Lemon Tree Hotels has confirmed that its promoters and persons acting in concert (PAC) have not encumbered any shares during the financial year 2025-26. The disclosure, submitted to the National Stock Exchange of India and BSE, confirms that no shares were pledged directly or indirectly by the promoter group. This compliance is required under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The confirmation was signed by Patanjali Govind Keswani, Promoter of Lemon Tree Hotels Limited. The filing identifies the specific individuals and entities comprising the promoter group and PACs. The list includes key management personnel and various private limited companies associated with the promoters.

Promoter and PAC Details

The disclosure provides a comprehensive list of the promoters and persons acting in concert who have confirmed the status of their shareholdings. The table below details these entities as per the filing.

Name(s) of the Promoter and Persons acting in concert (PAC) with the Promoter Whether the Person belongs to the Promoter/Promoter Group
Mr. Patanjali Govind Keswani Promoter
Spank Management Services Private Limited Promoter
Ms. Ila Dubey Promoter Group
Ms. Lillette Dubey Promoter Group
Mr. Aditya Madhav Keswani Promoter Group
Ms. Nayana Ria Keswani Promoter Group
Sparrow Buildwell Private Limited Promoter Group
Toucan Real Estates Private Limited Promoter Group
Crow Real Estates Private Limited Promoter Group
Garnet Hotels Private Limited Promoter Group
Pony Tale Hotels Private Limited Promoter Group
Prinia Hotels Private Limited Promoter Group
Oceanus Development Company Private Limited Promoter Group
Myna Real Estates Private Limited Promoter Group
Unistar Hotels Private Limited Promoter Group
Redstart Real Estates Private Limited Promoter Group
Glendale Marketing Services Private Limited Promoter Group

The letter was addressed to the Listing Departments of both exchanges on April 6, 2026. Copies of the disclosure were also forwarded to the Audit Committee and the Compliance Officer of Lemon Tree Hotels Limited.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
+0.29%+10.35%+5.63%-26.50%-12.59%+186.34%

How will the zero-pledge status impact Lemon Tree Hotels' ability to secure future financing for expansion?

What are the strategic growth plans for Lemon Tree Hotels in the upcoming fiscal year given the strong promoter confidence?

How might this disclosure influence investor sentiment and stock volatility in the hospitality sector?

Lemon Tree Hotels Revises Growth Forecast to Mid-to-Single Digit From Double Digit

0 min read     Updated on 23 Jun 2026, 12:27 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Lemon Tree Hotels has revised its growth outlook downward, now projecting mid-to-single digit growth compared to its earlier double-digit growth guidance. This update was communicated by the company's management in a CNBC interview. The revision marks a notable shift in the company's near-term performance expectations, though no specific financial figures or time periods were disclosed alongside the announcement.

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Lemon Tree Hotels has signalled a significant revision in its growth outlook, indicating that it expects to deliver mid-to-single digit growth, a step down from the double-digit growth trajectory it had previously projected. The company shared this updated guidance during a CNBC interview.

Revised Growth Outlook

The hospitality company's revised forecast represents a meaningful change in its expected performance trajectory. The shift from double-digit to mid-to-single digit growth reflects a more cautious near-term outlook as communicated by the company's management.

Parameter: Details
Previous Growth Guidance: Double digit
Revised Growth Guidance: Mid to single digit
Source: CNBC Interview

The management's commentary, as reported through the CNBC interview, underscores a recalibration of expectations for the company's growth performance. No additional financial figures or specific time periods were disclosed as part of this guidance update.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
+0.29%+10.35%+5.63%-26.50%-12.59%+186.34%

What specific market conditions or internal factors prompted the downgrade from double-digit to mid-to-single digit growth?

How might this revised outlook impact Lemon Tree Hotels' expansion plans and capital allocation in the near term?

Could this guidance revision signal a broader trend in the hospitality sector, or is it company-specific?

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1 Year Returns:-12.59%