Announced Thu, 18 Jun · 22:11 IST
Lemon Tree Hotels signs two new resort license deals in Maharashtra
Compliance View source PDF
LEMONTREE · price
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Price reaction · full curve 14 horizons · vs prior close
+6.3%1-day move
₹111.71
prior close
₹111.95
base price
After-mkt
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AI summary
Lemon Tree Hotels has signed two license agreements to set up new resorts in Maharashtra. The properties are Lemon Tree Resort at Tadgaon and Lemon Tree Resort at Igatpuri. Both will be operated under the company's brand licensing model, adding to its footprint in the state. The company shared this update via a press release dated June 18, 2026.
Likely market impact
Two new properties boost the expansion pipeline, a mild positive for long-term growth. No immediate financial impact disclosed.