DDA extends Fleur Hotels' Aurika Nehru Place LOA by 1 year to Aug 2027

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Price reactionminutes from the announcement price · days from the prior close

+1.5%Reaction day

₹109.81

prior close

₹110.36

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.3%+0.3% vs market

Hotels & Resorts peers, median of 55sector+1.3%+0.2% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Smallcap 250 and 0.2 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

+1.0

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+1.3+0.3+1.3+0.2

Next day

+0.6+0.8-0.2+0.2+0.4

+0.4+2.1-1.8+1.5-1.2

-0.1+1.4-1.5+0.7-0.8

-0.3+1.8-2.1+0.6-0.9

+3.0+3.2-0.3+1.3+1.7

+2.5+4.1-1.6+1.6+0.9

15d

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UpDownMarket · Nifty Smallcap 250Sector · Hotels & Resorts peers, median of 55Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lemon Tree Hotels' material subsidiary Fleur Hotels received a 1-year extension on its Letter of Award from Delhi Development Authority (DDA) for the Aurika, Nehru Place project. The LOA, originally valid till Aug 14, 2026, now extends to Aug 14, 2027, subject to DDA compliances. The project covers development and operations of a 5-star hotel on a 2.256-acre prime land parcel in Nehru Place, New Delhi. Terms of the original LOA remain unchanged.

Likely market impact

Positive for Lemon Tree - extra year to finalize development of 5-star hotel at prime Nehru Place location with government (DDA) backing.