Lemon Tree Hotels promoters confirm no share encumbrance in FY26
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































