Signed a License Agreement - Lemon Tree Hotels Ltd

Code BSE: 541233 NSE:

Signed a License Agreement viz. Lemon Tree Hotel, Garudeshwar, Gujarat. The property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. This hotel will feature 90 well-appointed rooms, a restaurant, banquet hall, meeting room, swimming pool, spa and a fitness center. With this addition, the Company will have 32 properties in Gujarat (11 operational and 21 upcoming), reflecting its focus on building scale across tourism and pilgrimage-driven markets.