Lemon Tree Hotels Limited has officially updated its Corporate Identification Number (CIN) following the successful relocation of its registered office from Delhi to Haryana. The company disclosed this development to stock exchanges on January 14, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CIN Change Details

The hospitality company's CIN has been changed from the previous Delhi-based identifier to reflect its new Haryana registration:

Registered Office Relocation Process

The CIN change is the culmination of a multi-step process that Lemon Tree Hotels has been executing since September 2025. The company had previously informed stock exchanges about the registered office shifting through intimations dated September 17, 2025, October 30, 2025, and January 1, 2026. The relocation required approval from the Regional Director, which was obtained through an order dated December 23, 2025.

Official Documentation

Lemon Tree Hotels received the Certificate of Registration of Regional Director order for Change of State from the Registrar of Companies, Delhi. This certificate confirms that the company has altered the provisions of its Memorandum of Association with respect to the place of the registered office by changing it from the state of Delhi to Haryana through a special resolution.

New Address Details

The company's registered office is now officially located at:

Regulatory Compliance

Company Secretary and Compliance Officer Pawan Kumar Kumawat signed the disclosure document, ensuring compliance with regulatory requirements. The company has requested stock exchanges to update this information in their records and the Corporate Information Section. This administrative change does not affect the company's business operations but ensures proper regulatory alignment with the new registered office location in Haryana.

Lemon Tree Hotels has announced a major business restructuring that will transform its financial structure and create a separately listed hospitality entity. The company has approved an investment by private equity firm Warburg Pincus in its subsidiary Fleur Hotels, marking a significant strategic shift for the hotel chain.

Strategic Investment and Restructuring Details

The restructuring involves Warburg Pincus acquiring APG's 41.09% stake in Fleur Hotels while simultaneously investing up to ₹960 crore as primary capital. Following regulatory approvals, Fleur will be listed as an independent company on Indian stock exchanges within the next 12-15 months.

Debt Restructuring and Financial Impact

Chairman and Managing Director Patanjali G Keswani revealed that approximately 80% of the group's current debt of about ₹1,600 crore is housed within Fleur Hotels. After planned repayments over the next year, Fleur's gross debt is expected to be around ₹1,300 crore, while Lemon Tree Hotels will emerge debt-free.

Keswani emphasized that the debt-free Lemon Tree Hotels will generate cash flow from management fees and third-party hotel operations, creating a more streamlined business model.

Ownership Structure and Expansion Plans

Following the restructuring, Warburg Pincus will hold approximately 26% of Fleur Hotels, while Lemon Tree Hotels will retain around 41% ownership. Existing Lemon Tree shareholders will directly own about 33% of Fleur through the demerger process.

Fleur Hotels generates free cash flow of several hundred crore rupees and, combined with Warburg's capital injection, will have approximately ₹1,500-1,700 crore of equity available. Including debt capacity, the company could deploy about ₹3,000-3,500 crore for expansion activities.

Growth Pipeline and Market Position

The company has outlined aggressive expansion plans, currently adding 700-800 rooms through projects in Nehru Place, Shillong, and Shimla. Additionally, Fleur is in discussions to acquire approximately 2,500 more rooms, potentially increasing its portfolio to around 6,000 rooms.

Keswani noted that hotel companies in India typically trade at 15-25 times forward EBITDA, reflecting growth expectations from new projects. He advised investors to value the company based on earnings and growth plans rather than individual private transactions.

Lemon Tree Hotels currently maintains a market capitalisation of approximately ₹12,054 crore, with shares rising more than 11% over the past year, reflecting investor confidence in the strategic direction.

Source: https://www.cnbctv18.com/business/companies/lemon-tree-hotels-become-debt-free-business-reoranisation-fleur-warbug-pincus-patanjali-keswani-apg-alpha-article-19819842.htm