Company Profile

Lemon Tree Hotels has forayed into the stunning country of Nepal with the opening of Lemon Tree Premier, Budhanilkantha, Kathmandu. This marks not just the entry of Lemon Tree Hotels in to Nepal, but also marks the milestone of Lemon Tree’s inventory crossing 10,000 rooms. 

This first property in the land of Mount Everest is a stylish, contemporary hotel with 102 well-appointed rooms and suites, Citrus Cafe - a multicuisine coffee shop, Republic of Noodles - an award-winning Asian restaurant, Slounge - a hip recreation bar and a tea lounge. The hotel has a separate convention center which has expansive banquet spaces and conference facilities, besides extensive outdoor event spaces. For recreation, the hotel offers a well-equipped fitness center, Fresco spa and a refreshing infinity pool. 

Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.

Lemon Tree Hotels has informed that the company announces its foray into the stunning country of Nepal with the opening of Lemon Tree Premier, Kathmandu, its first property in Nepal (on April 9, 2024 at Late Hours). A copy of press release to be made in this regard is attached.

The above information is a part of company’s filings submitted to BSE.

Lemon Tree Hotels is currently trading at Rs. 139.55, up by 1.80 points or 1.31% from its previous closing of Rs. 137.75 on the BSE.

The scrip opened at Rs. 139.25 and has touched a high and low of Rs. 140.95 and Rs. 139.20 respectively. So far 35127 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 147.20 on 23-Feb-2024 and a 52 week low of Rs. 75.17 on 11-Apr-2023.

Last one week high and low of the scrip stood at Rs. 144.40 and Rs. 137.10 respectively. The current market cap of the company is Rs. 10913.20 crore.

The promoters holding in the company stood at 23.21%, while Institutions and Non-Institutions held 37.81% and 38.98% respectively.

Lemon Tree Hotels has forayed into the stunning country of Nepal with the opening of Lemon Tree Premier, Budhanilkantha, Kathmandu. This marks not just the entry of Lemon Tree Hotels in to Nepal, but also marks the milestone of Lemon Tree’s inventory crossing 10,000 rooms. 

This first property in the land of Mount Everest is a stylish, contemporary hotel with 102 well-appointed rooms and suites, Citrus Cafe - a multicuisine coffee shop, Republic of Noodles - an award-winning Asian restaurant, Slounge - a hip recreation bar and a tea lounge. The hotel has a separate convention center which has expansive banquet spaces and conference facilities, besides extensive outdoor event spaces. For recreation, the hotel offers a well-equipped fitness center, Fresco spa and a refreshing infinity pool. 

Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.

Lupin has launched first generic version of Oracea (Doxycycline Capsules, 40 mg), in the United States, after having received an approval from the United States Food and Drug Administration (U.S. FDA). Doxycycline Capsules, 40 mg is indicated for the treatment of only inflammatory lesions (papules and pustules) of rosacea in adult patients.

Lemon Tree Hotels has forayed into the stunning country of Nepal with the opening of Lemon Tree Premier, Budhanilkantha, Kathmandu. This marks not just the entry of Lemon Tree Hotels in to Nepal, but alos marks the milestone of Lemon Tree’s inventory crossing 10,000 rooms. This first property in the land of Mount Everest is a stylish, contemporary hotel with 102 well-appointed rooms and suites, Citrus Cafe – a multicuisine coffee shop, Republic of Noodles – an award-winning Asian restaurant, Slounge – a hip recreation bar and a tea lounge.

Exide Industries has entered into an agreement for acquiring 26% equity stake in Clean Max Arcadia, a Special Purpose Vehicle (SPV) promoted and incorporated by Clean Max Enviro Energy Solutions for generation and supply of solar power. The objective of the investment in the SPV is to promote renewable energy on long term basis by qualifying as a captive consumer for solar capacity of 14.85 MWp for our factory situated in Bawal in the state of Haryana.

ICICI Lombard General Insurance Company has entered into a partnership with Policybazaar, India's biggest insurance platform. The strategic partnership brings together the comprehensive product portfolio of ICICI Lombard and wide reach of Policybazaar, promising accessible insurance solutions for Indian consumers. 

Electronics Mart India has commenced the commercial operations of a new Multi Brand Store under the brand name ‘BAJAJ ELECTRONICS’ on April 9, 2024 at Gajwel, Siddipet District, Telangana. The area of the store is around 6,786 Square feet.

Emerald Finance has partnered with Oktober6 Insight of Mumbai to offer its Early-Wage-Access program to the employees of the Company. This partnership aims to provide an instant financial relief to the employees by allowing them to access part of their salaries seamlessly throughout the month. The company, in line with its vision to expand its offerings and to serve retail customers at large had been working on a salary advance solution. This product entails tying up with employers to offer short term loans as salary advance. The amount lent is then collected through salary deduction.

Avenue Supermarts has opened a new store at Vaishnavi Sapphire Mall, Bengaluru (Karnataka) on April 9, 2024. The total number of stores as on date stands at 366. Earlier, the company had opened a new store at Talegaon, Pune (Maharashtra).

Lemon Tree Hotels has launched property in Rishikesh. This is the ninth property of the group in the scenic state of Uttarakhand. This beautiful and elegant hotel, with 126 keys will open in two phases. While 108 rooms and suites opened today along with Citrus Cafe - a multi-cuisine coffee shop, an expansive banquet space, fitness center, and swimming pool as a part of phase I of the launch. The remaining rooms, a sprawling garden, a rejuvenating spa, Slounge - A Terrace Bar, and Pool Bar & Grill will open shortly thereafter, as part of phase II.

Located in Tapovan, a popular and spiritually significant area in Rishikesh, Lemon Tree Hotel, Rishikesh is an ideal destination for leisure travellers. Tapovan embraces yoga ashrams, temples, and natural surroundings, making it an ideal place for those seeking solitude and meditation enthusiasts visiting Rishikesh to deepen their practice and connect with nature.

Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.