Lemon Tree Hotels Subsidiary Faces Tax Dispute Resolution, Company Plans Registered Office Relocation

1 min read     Updated on 17 Sept 2025, 08:52 PM
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Jubin VergheseScanX News Team
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Overview

Lemon Tree Hotels' subsidiary, Hyacinth Hotels, received a Delhi High Court order regarding a tax dispute with the Municipal Corporation of Delhi. The company states no material financial impact and is considering legal options. Separately, Lemon Tree's Board approved a proposal to relocate the registered office from Delhi to Haryana, subject to shareholder and statutory approvals.

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*this image is generated using AI for illustrative purposes only.

Lemon Tree Hotels Limited , a prominent player in the Indian hospitality sector, has recently made two significant announcements that could impact its operations and corporate structure.

High Court Order on Municipal Tax Dispute

Hyacinth Hotels Private Limited, a subsidiary of Lemon Tree Hotels, has received an order from the Delhi High Court regarding a long-standing tax dispute with the Municipal Corporation of Delhi (MCD). The case stems from an assessment order dated December 23, 2013, which demanded Rs. 68.20 lakh in taxes for the period 2009-10 to 2013-14.

The Delhi High Court pronounced its judgment on September 12, disposing of the writ petition filed by Hyacinth Hotels. The subsidiary received the court order on September 16. In response to this development, Lemon Tree Hotels has stated that there is no material impact on its financial operations. However, Hyacinth Hotels is currently evaluating available legal remedies and intends to take appropriate legal action in due course.

Proposed Relocation of Registered Office

In a separate development, the Board of Directors of Lemon Tree Hotels Limited, in a meeting held on September 17, approved a proposal to shift the company's registered office. The plan involves moving the registered office from the National Capital Territory of Delhi to the State of Haryana.

This decision will necessitate a consequential alteration of the Registered Office clause in the company's Memorandum of Association. It's important to note that this change is subject to shareholder approval and other appropriate statutory approvals.

Implications and Next Steps

While the tax dispute resolution for its subsidiary Hyacinth Hotels is ongoing, Lemon Tree Hotels maintains that it does not expect any material financial impact from this issue. The company's decision to relocate its registered office, however, could have operational and administrative implications.

Shareholders and stakeholders should stay tuned for further updates, as both the tax dispute resolution and the office relocation process unfold. The company is expected to provide more details on the office relocation plan, including the rationale behind the move and its potential benefits, in the coming weeks.

Lemon Tree Hotels continues to navigate these corporate and legal challenges while maintaining its focus on its core hospitality business. The outcomes of these developments will be closely watched by investors and industry observers alike.

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Lemon Tree Hotels to Shift Registered Office from Delhi to Haryana

1 min read     Updated on 17 Sept 2025, 04:56 PM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Lemon Tree Hotels' Board of Directors has approved the relocation of its registered office from Delhi to Haryana. The move requires shareholder consent and statutory authorities' clearance. This change will necessitate an alteration in the company's Memorandum of Association. The decision was made during a board meeting on September 17, 2025, and disclosed as per SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Lemon Tree Hotels Limited , a prominent player in the Indian hospitality sector, has announced a significant operational change. The company's Board of Directors has approved the relocation of its registered office from the National Capital Territory of Delhi to the State of Haryana.

Board Approval and Regulatory Compliance

The decision was made during a board meeting held on September 17, 2025. As per the regulatory filing under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed this development to the National Stock Exchange of India Limited and BSE Limited.

Shareholder and Regulatory Approvals

The proposed shift is subject to two crucial approvals:

  1. Shareholders' consent
  2. Appropriate statutory authorities' clearance

Changes to Company Documents

The relocation will necessitate a consequential alteration of the registered office clause in Lemon Tree Hotels' Memorandum of Association. This modification ensures that the company's official documents reflect the new registered address once the move is completed.

Implications and Next Steps

While the specific reasons for the relocation were not disclosed in the announcement, such moves are often undertaken for strategic or operational benefits. The change could potentially impact various aspects of the company's operations, including its administrative functions and regulatory compliance procedures.

Shareholders and investors of Lemon Tree Hotels should keep an eye out for further announcements regarding:

  • The exact location of the new registered office in Haryana
  • The timeline for the relocation process
  • Any extraordinary general meeting (EGM) that may be called to seek shareholder approval

As the hospitality industry continues to evolve, especially in the post-pandemic era, such corporate decisions may reflect companies' efforts to optimize their operations and positioning in the market.

The management of Lemon Tree Hotels, under the guidance of Company Secretary & Compliance Officer Pawan Kumar Kumawat, will be steering the company through this transition. Stakeholders are advised to stay tuned for updates on this development and its potential implications for the company's future strategies.

Historical Stock Returns for Lemon Tree Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-1.34%+0.56%+13.63%+35.26%+32.82%+504.63%
Lemon Tree Hotels
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like16
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