LEMONTREE

LEMON TREE HOTELS : HOTEL OPERATING AGREEMENT FOR TARUDHAN VALLEY, MANESAR MUTUALLY TERMINATED 🏨🔚 • 📋 Lemon Tree Hotels Limited (NSE: LEMONTREE) informs mutual termination of Hotel Operating Agreement & License Agreement for "Lemon Tree Hotel, Tarudhan Valley, Manesar" — dated April 30, 2026 • 🤝 Parties involved: M/s. Coronet Hotel Services & Supplies Pvt. Ltd. (Owner) & M/s. Carnation Hotels Pvt. Ltd. (Operator) — original agreements dated July 28, 2015 • 💰 Company confirms no significant financial impact arising from the termination 🔴 Impact: Mildly Negative (Loss of a managed property from Lemon Tree's portfolio — however, mutual termination & no financial impact suggests an orderly exit with no liability; minor reduction in managed room inventory)