Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated August 28, 2025, titled "Disclosure under Reg 30 of SEBI (LODR) Regulations, 2015 that the Company has signed a License Agreement viz. Lemon Tree Hotel, Mohkampur, Dehradun".
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Lemon Tree Hotels has signed a License Agreement to open a new 98-room hotel branded 'Lemon Tree Hotel, Mohkampur, Dehradun' in Uttarakhand. The property will be managed by its wholly-owned subsidiary, Carnation Hotels, and will include a restaurant, lounge, conference room, swimming pool, fitness center, and other recreational facilities. The hotel is located inside the Mall of Dehradun, about 18 km from Jolly Grant Airport and 9 km from Dehradun Railway Station. With this addition, the company will have 8 operational and 8 upcoming hotels in Uttarakhand, strengthening its presence in the region.
This is a routine business expansion move that adds to Lemon Tree's growing pipeline of 110+ upcoming properties, but no contract value or revenue impact is disclosed. Investors should view this as incremental capacity addition rather than a material earnings catalyst in the short term.