Lemon Tree gets NSE and BSE approval for composite restructuring scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

LEMONTREE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.4%Reaction day

₹107.54

prior close

₹108.20

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.8%-0.4% vs market

Hotels & Resorts peers, median of 61sector+0.0%+0.4% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Smallcap 250 and 0.4 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

-0.0

10m

+0.0

15m

-0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.8-0.4+0.0+0.4

Next day

-0.6-0.6-0.0-0.1-0.5

-1.2-0.6-0.7-1.2-0.0

-3.2-2.2-1.1-2.2-1.0

-3.1-2.8-0.3-2.5-0.6

-3.0-2.5-0.5-1.8-1.2

+0.1-3.3+3.5-2.2+2.4

15d

+4.8-3.5+8.3-2.7+7.5

+2.0-10.3+12.3-7.1+9.0

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UpDownMarket · Nifty Smallcap 250Sector · Hotels & Resorts peers, median of 61Pending

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

AI summary

Lemon Tree Hotels received no objection from NSE and no adverse observations from BSE on Sep 22, 2026 for its draft Composite Scheme of Arrangement. The scheme involves LTH, Fleur Hotels as Transferee Company, and 6 Transferor Companies (Carnation, Hamstede, Oriole Dr Fresh, Canary, Sukhsagar, Manakin Resorts). CCI approval was already received. Next step is to file the scheme with NCLT within 6 months, after which shareholder and creditor approvals will be needed.

Likely market impact

Positive step in group restructuring. Moves scheme closer to NCLT approval. Shareholders and creditors will vote on it next. Watch for share swap ratio and listing of Fleur Hotels.