Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated November 27, 2025, titled "The Company has signed a License Agreement viz. Lemon Tree Hotel, Surat Airport and a Franchise Agreement viz. Keys Prima by Lemon Tree Hotels, Haridwar".
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Lemon Tree Hotels has announced two new property signings. The company has entered into a License Agreement for a new 'Lemon Tree Hotel' near Surat Airport, and a Franchise Agreement for a 'Keys Prima by Lemon Tree Hotels' property in Haridwar. Both agreements are dated November 27, 2025. This is part of the company's ongoing expansion strategy across different brands in its portfolio. Specific financial details such as investment, project size, or revenue contribution were not disclosed in this press release.
Adding new hotels supports the company's growth and brand expansion, but the immediate impact on stock price is likely to be modest since the financial terms were not disclosed.