Nomura cuts Lemon Tree Hotels stake to 3.075% after selling 15.87 million shares
- Nomura India Investment Fund Mother Fund sold 15,869,284 shares of Lemon Tree Hotels
- Stake reduced from 5.078% to 3.075% following the secondary market sale
- Last reporting date for previous holding was April 30, 2024
- Final transaction recorded on September 7, 2026

*this image is generated using AI for illustrative purposes only.
Nomura India Investment Fund Mother Fund has reduced its stake in Lemon Tree Hotels to 3.075% following a significant share disposal.
The fund sold 15,869,284 shares, representing a 2.003% reduction in its total holding. The transaction was executed through the secondary market, with the final sale recorded on September 7, 2026.
Transaction Details
The disposal brings Nomura’s total holding down from 40,233,907 shares (5.078%) to 24,364,623 shares. The last reporting date for the previous holding was April 30, 2024.
| Metric | Before Sale | After Sale |
|---|---|---|
| Shares Held | 40,233,907 | 24,364,623 |
| Stake Percentage | 5.078% | 3.075% |
| Change in Stake | - | -2.003% |
The acquirer group includes The Nomura Trust and Banking Co., Ltd. as trustee and the Employees Provident Fund Board managed by Nomura Asset Management Malaysia Sdn Bhd. None of these entities belong to the promoter or promoter group of the target company.
Regulatory Disclosure
The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange, National Stock Exchange of India, and Metropolitan Stock Exchange of India on September 8, 2026.
The total paid-up equity capital of Lemon Tree Hotels remains at 792,246,464 shares. The net disposal of shares occurred between the last reporting date and the date of the latest transaction.
Historical Stock Returns for Lemon Tree Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.44% | -0.49% | -4.76% | -4.31% | -39.64% | +172.50% |
How might this significant reduction in institutional ownership impact Lemon Tree Hotels' stock volatility and liquidity in the near term?
Does Nomura's exit signal a broader shift in foreign investor sentiment towards the Indian hospitality sector amidst current economic conditions?
Will Lemon Tree Hotels need to seek alternative funding sources or strategic partners to replace the capital backing previously provided by Nomura?


































