Announced Thu, 16 Jul · 22:23 IST
Lemon Tree terminates Erode hotel operating agreement on breach
LEMONTREE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹114.36
prior close
₹113.88
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-1.7-1.6-1.5-2.2-3.1-4.5-3.2-4.0—————
Up moveDown movePending
AI summary
Lemon Tree Hotels has terminated the Hotel Operating Agreement and License Agreement for its Lemon Tree Hotel in Erode, Tamil Nadu (65 rooms), effective five business days from July 16, 2026. The termination follows a material breach of terms by the hotel owner. The company states this has no material financial impact.
Likely market impact
Termination has no material financial impact; single 65-room property affected, minor operational change.