Lemon Tree Hotels Limited has informed the Exchange about the approval of Competition Commission of India
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Lemon Tree Hotels has received the formal order from the Competition Commission of India (CCI) dated May 22, 2026, granting approval under Section 31(1) of the Competition Act, 2002. The approval covers two matters: the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments BV, and the internal restructuring of the Lemon Tree Hotels group through amalgamations and demerger under a Composite Scheme of Arrangement. This follows an earlier intimation made on April 07, 2026, when the approval was first announced. The company has disclosed this in compliance with SEBI LODR Regulations.
The CCI approval removes a key regulatory hurdle for the proposed acquisition and group restructuring. This is a positive development that clears the path for completing the transaction and structural changes within the Lemon Tree Hotels group.