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Shrikant Pandey

21st Feb · SEBI-Registered Analyst

LEMONTREE

Lemon Tree : Co Subsidiary Gets Relief as Delhi HC Allows Appeal Withdrawal • ⚖️ Legal Update: Subsidiary Hyacinth Hotels received Delhi High Court order dated Feb 18, 2026. • 🏛️ Appeal Withdrawn: Court permitted withdrawal of appeal related to MCD property tax dispute. • 💰 Compliance Route: Company opted for MCD’s SUNIYO scheme and deposited dues. • 📊 No Material Impact Disclosed: Filing does not indicate any major financial hit. 🟢 Impact: Slightly Positive Closure of litigation removes overhang and improves legal clarity, though financial impact appears limited.

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