Lemon Tree Hotels Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Cessation of Mr. Vilas Pawar due to superannuation.
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Lemon Tree Hotels has informed the exchanges that Mr. Vilas Pawar, a Senior Management Personnel, retired from the company on March 31, 2026, upon reaching superannuation. His responsibilities have been reassigned to Mr. Vivek Jhawar, who was already part of the senior management as Senior Vice President – Business Development. The change has been disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015. The transition is internal and was planned, with no external hire needed to fill the role.
This is a routine leadership transition due to retirement and is unlikely to materially affect the stock price. Shareholders should note continuity as the role is being handled internally by an existing senior manager, suggesting smooth succession planning.