Lemon Tree Hotels Limited has informed the Exchange about change in Senior Management Personnels of the Company
LEMONTREE · price
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Awaiting price reaction for this filing.
Lemon Tree Hotels has informed the stock exchanges that three senior management personnel are stepping down from the SMP designation effective June 30, 2025. Mr. Sumant Jaidka (Sr. VP – Ops & COO) and Mr. Rajesh Kumar (Sr. VP – Human Resources) are being de-identified as SMPs because of a change in reporting structure, but they will continue in their current roles and responsibilities. Additionally, Mr. Jagdish Kumar Chawla (EVP – Projects and Engineering), whose resignation was first announced on May 21, 2025, formally ceases to be an SMP on the same date.
No material disruption to operations — two of the three individuals are simply losing SMP designation due to a reporting change while staying in their roles, and the third had already announced his exit last month. Investors are unlikely to see a significant stock reaction from this routine governance update.