Announced Fri, 10 Jul · 16:34 IST
Lemon Tree terminates Hubli hotel operating agreement over 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
-2.9%1-day move
₹118.25
prior close
₹117.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.5-0.4-0.7-2.9-3.7-3.3-5.3-5.4-7.7————
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AI summary
Lemon Tree Hotels terminated the Hotel Operating and License Agreements for Lemon Tree Hotel, Hubli on July 10, 2026, citing material breach by the owner, HRK Hospitality. The original agreements dated August 22, 2022. Termination becomes effective after five business days. The company states this has no material financial impact.
Likely market impact
Termination is immaterial financially per the company. The Hubli property exits after five business days. Minimal earnings or stock impact expected.