Lemon Tree Hotels Limited has announced the mutual termination of agreements for a proposed hotel project in Agartala, Tripura. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agreement Details and Termination

The terminated agreements include both the Hotel Operating Agreement and License Agreement that were originally executed on March 18, 2024. The arrangements involved multiple parties working together to establish a new hotel under the Lemon Tree brand.

Financial Impact Assessment

The company has confirmed that the termination carries no financial implications for its operations. This is primarily because the proposed hotel had not yet become operational at the time of agreement termination. The mutual nature of the termination suggests an amicable resolution between all parties involved.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, demonstrating the company's commitment to transparency with stakeholders. Company Secretary and Compliance Officer Pawan Kumar Kumawat signed the official communication to the stock exchanges, ensuring proper regulatory adherence.

Strategic Implications

While the termination removes a potential expansion opportunity in Tripura, the absence of financial impact allows Lemon Tree Hotels to maintain its current operational focus without any immediate setbacks. The company continues to operate from its registered office in Gurugram, Haryana, and corporate office in New Delhi's Aerocity Hospitality District.

Lemon Tree Hotels has received formal regulatory approval from the Competition Commission of India (CCI) for a major corporate restructuring initiative. The company disclosed the approval through an official communication to stock exchanges under Regulation 30 of SEBI listing requirements.

Formal CCI Communication

The Competition Commission of India granted its approval under Section 31(1) of the Competition Act, 2002, through its communication dated April 7, 2026. The approval covers the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments BV and the internal restructuring of the company group.

Restructuring Components

The approved restructuring plan encompasses comprehensive corporate actions designed to optimize the group's organizational framework:

• Amalgamation processes to consolidate group entities
• Demerger operations to streamline business segments
• Stake acquisition in Fleur Hotels Limited

Regulatory Compliance and Next Steps

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the prior intimation dated January 9, 2026, maintaining transparency with stakeholders throughout the approval process.

The detailed order from the CCI is currently awaited, and the company will proceed to complete the transactions in accordance with applicable laws. This approval represents a significant milestone toward the consummation of the proposed transactions.

Strategic Impact

The CCI's formal approval enables Lemon Tree Hotels to proceed with its comprehensive restructuring strategy. The involvement of Coastal Cedar Investments BV adds an international dimension to the restructuring, while the amalgamation and demerger processes are expected to create operational efficiencies and enhanced corporate structure.