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 The proposed reorganization will create two clearly differentiated and complementary platforms: a) Lemon Tree Hotels Limited, as a pure-play, asset-light hotel management and brand platform; and b) Fleur Hotels Limited, a current subsidiary of Lemon Tree, as a large-scale growthoriented hotel ownership platform with development capabilities and an attractive pipeline.