Announces Strategic Reorganization and Investment - Lemon Tree Hotels Ltd

Code BSE: 541233 NSE:

Lemon Tree Hotels Announces Strategic Reorganization and Investment from Warburg Pincus in Fleur Hotels to Unlock Long-Term Shareholder Value a) The reorganization will create two focused, high-growth, and large-scale platforms b) Warburg Pincus will acquire APG’s entire 41.09% stake in Fleur and commit to invest up to Rs 960 crore of primary capital to support the growth of Fleur This investment marks a renewed partnership between Warburg Pincus and Lemon Tree, following Warburg Pincus’ earlier investment in the company in 2006, which supported Lemon Tree’s initial growth to become a prominent hotel brand and platform in India