Lemon Tree Hotels Limited has signed a license agreement for Lemon Tree Hotel, Kumbakonam in Tamil Nadu, strengthening its presence in South India. The property will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. This signing increases the group's footprint in Tamil Nadu to eight hotels, comprising six operational and two upcoming properties.

The hotel will feature 66 well-appointed rooms, a multi-cuisine restaurant, banquet hall, meeting room, swimming pool, spa, and fitness center. Kumbakonam is recognized as a prominent heritage and spiritual destination, witnessing strong demand from pilgrims, cultural travellers, and business visitors.

The property is located approximately 101 km from Tiruchirappalli International Airport and 300 meters from the Kumbakonam Railway Station. This expansion aligns with the company's strategy of growing across high-potential Tier II and Tier III markets along economic, spiritual, and transit corridors.

Management Commentary

Mr. Neelendra Singh, Managing Director, Lemon Tree Hotels Ltd., stated that expanding across India's iconic spiritual destinations is a strategic focus. He noted that Kumbakonam presents a significant opportunity to serve the thriving market of pilgrims and cultural travellers.

About Lemon Tree Hotels Limited

Lemon Tree Hotels Limited operates 130+ hotels across 80+ cities in India and abroad, with a pipeline of 130+ upcoming properties. The group offers experiences across various segments through its seven distinct brands.

Lemon Tree Hotels Limited has received the detailed order from the Competition Commission of India (CCI) regarding the acquisition of equity shares of its material subsidiary, Fleur Hotels Limited, and the internal restructuring of the company group. The approval was granted under Section 31(1) of the Competition Act, 2002, on May 22, 2026.

Transaction Details

The regulatory approval covers two primary actions. First, it sanctions the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments B.V. Second, it permits the internal restructuring of the Lemon Tree Hotels group through amalgamations and demerger. This restructuring is being implemented in accordance with a Composite Scheme of Arrangement.

Regulatory Compliance

The company informed the exchanges about this development in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms that the detailed order for the aforesaid approval was received on May 22, 2026. The intimation follows an earlier disclosure dated April 07, 2026, regarding the grant of approval by the CCI.