Lemon Tree Hotels subsidiary wins CGST appeal, demand set aside

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LEMONTREE · price

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Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹110.00

prior close

₹110.05

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.5%-0.4% vs market

Hotels & Resorts peers, median of 59sector-0.0%+0.1% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Smallcap 250 and 0.1 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-1.0

15m

-0.3

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+0.5-0.4-0.0+0.1

Next day

+0.8+1.6-0.9-0.4+1.1

+1.9+2.0-0.0+0.0+1.9

+1.5+2.0-0.5+0.2+1.3

+2.5+0.8+1.7+0.0+2.5

+3.0+0.9+2.2+0.7+2.3

+0.0-2.6+2.6-2.0+2.0

15d

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UpDownMarket · Nifty Smallcap 250Sector · Hotels & Resorts peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lemon Tree Hotels' subsidiary Sukhsagar Complexes received a positive order from the Commissioner (Appeals), Central Excise and CGST, Jaipur on October 8, 2026. A prior GST demand of about 82,554 rupees and an equal penalty, raised in February 2025, have been fully set aside as unsustainable. No liability remains on the subsidiary, and the company confirms there is no financial impact.

Likely market impact

Minor tax demand fully dismissed in subsidiary's favor. No financial impact on Lemon Tree Hotels.