LEMONTREENSELemon Tree Hotels LimitedMediumNeutral
Announced Thu, 29 May · 20:46 IST

Lemon Tree Hotels Limited has informed the Exchange regarding Appointment of M/s DPV & Associates LLP, Company Secretaries, as Secretarial Auditor of the Company, as recommended by the Audit Committee, for the first term of five 5 (Five) consecutive years commencing from April 01, 2025 to March 31, 2030, subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Company.

Management Changes View source PDF

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Price reaction · full curve

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AI summary

Lemon Tree Hotels has informed the stock exchange about appointing M/s DPV & Associates LLP, Company Secretaries, as its Secretarial Auditor. The appointment has been recommended by the Audit Committee and is for an initial term of five consecutive years, from April 1, 2025 to March 31, 2030. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. Secretarial audits are a routine compliance requirement under the Companies Act, ensuring the company adheres to secretarial standards and regulatory requirements.

Likely market impact

This is a routine governance and compliance announcement with no material impact on shareholders or the stock price. It reflects standard regulatory housekeeping, not a change in financial position or business outlook.