Lemon Tree Hotels Limited has informed the Exchange about change in Management- Resignation of Mr. Jagdish Kumar Chawla, Executive Vice President-Projects and Engineering (Senior Management Personnel) of the Company
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Mr. Jagdish Kumar Chawla, Executive Vice President – Projects and Engineering at Lemon Tree Hotels, has resigned to pursue an entrepreneurial opportunity. He served the company for over 22 years, and his resignation is effective from the close of business on June 30, 2025. The resignation letter states there is no other material reason for his departure. As an internal succession move, Mr. Sanjeev Kumar Jain, currently Vice President – Projects & Engineering, has been handed his responsibilities, ensuring a smooth transition. The announcement was signed by CFO Kapil Sharma on May 21, 2025.
This is a senior management-level change rather than a CEO/CFO exit, and an internal replacement is already in place, so operational continuity is likely. For shareholders, this is a routine leadership transition with minimal expected impact on the stock or business outlook.